Browsing: Family Bank Kenya

Family Bank and Aqua sign an Sh350 million agreement to increase lending to water companies. www.theexchange.africa

Because of this relationship, Family Bank’s MajiPlus lending facility, which offers adaptable financial solutions for microbusinesses, individuals, water service providers, and small and medium-sized businesses, will receive support.

In addition to this, Family Bank will give its customers training materials on how to provide finance for climate-resilient projects in the water, sanitation, and hygiene sector.

Pim van der Male, First Secretary for Food Security and Water at the Embassy of the Kingdom of the Netherlands, applauded the alliance. At the same time, he was present at the signing ceremony.

“For many years, the Dutch government has funded Aqua for All because it believes in Aqua for All’s holistic strategy to bridging service and financial gaps to speed access to safe water and good sanitation for all.”

I am pleased to note that the collaboration between Family Bank and Aqua for All is an example of this.…

Kenya imports over 70% of the raw materials needed for manufacturing animal feed, the bulk of which consists of grain and oilseed cake by-products.

The production of animal feeds in Kenya has always been seen as the main challenge affecting the quality and price of milk production, compared to other countries in the East African region. For example, the cost of animal feeds imported from Uganda tends to be affordable compared to those produced in Kenya, accounting for a huge percent of the production cost.

According to data from Kenya’s ministry of agriculture, feed currently accounts for 60 to 70% of livestock enterprise production costs.

While Kenyan farmers have relied on processed feeds from established companies, agricultural researchers have been pushing for the adoption of more nutrient-rich fodder crops to supplement the use of nippier grass and traditional pasture. For example, the International Livestock Research Institute (ILRI) and the Kenya Agricultural and Livestock Research Institute (KARLO) have been promoting the rollout of Bracharia, a vegetative grass that has its origin in Kenya but is …