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Browsing: National Cereals and Produce Board (NCPB)
- Africa Fertiliser Financing Mechanism will avail 8000 tons of fertiliser.
- 5.533 million Kenyan farmers are registered for the government’s subsidised fertiliser programme.
- African Development Bank granted Kenya $67 million in 2022-2023 through its African Emergency Food Production Facility.
The Africa Fertiliser Financing Mechanism has launched a project to help deliver 8,000 tons of fertilisers to 100,000 smallholder farmers in Kenya to boost harvests and incomes.
Through its Fertiliser Financing for Sustainable Agriculture Management Project, the Mechanism will provide a $2 million partial trade credit guarantee and a grant of $219,000 to Apollo Agriculture Limited, a Kenyan corporation, to facilitate the company’s fertiliser sales.
The Norwegian Agency for Development Cooperation, through a contribution of $10.15 million to the Africa Fertiliser Financing Mechanism, is also supporting the project.
Representatives of the African Development Bank, which manages the Mechanism, Apollo Agriculture and the Kenyan and Norwegian governments attended the launch event in Nairobi.…