Market News | FOOD & KITCHEN Kenya 2020

Market News

  • Farmers to be cushioned with crop, livestock insurance - Uhuru

    Posted on :Thursday , 6th October 2016

     President Uhuru Kenyatta on Wednesday said the government has introduced a crop insurance scheme to cushion farmers from adverse weather conditions.

     
    Uhuru said the insurance scheme is being tested in Bungoma, Nakuru and Embu counties.
     
    “Indeed, a thousand farmers in these counties have already benefitted from the premium sub. . .

  • Rwanda: New Digital System to Boost Agribusiness, Access to Loans

    Posted on :Wednesday , 5th October 2016

     A new digital system dubbed "e-Umuhinzi Platform" has been unveiled by a local microfinance bank to boost the agri-businesses sector and promote financial inclusion.

     
    The platform was launched last week by Atlantis Microfinance in partnership with Agritech, a company that specialises in providing agri-business solutions.
     
  • Now Kenya makes plans to produce industrial sugar

    Posted on :Wednesday , 5th October 2016

     Kenya plans to relax rules for the production of industrial sugar in a bid to save the economy $90 million worth of forex spent annually on imports.

     
    Kenya will thus become the first East African Community member to produce the commodity, but experts warn that the high cost of production could render industries such as confectionery that rely on refined sugar u. . .

  • Energy experts urge Kenyan banks to help fund agri-business

    Posted on :Monday , 3rd October 2016

     Energy experts meeting in Nairobi have asked banks in Kenya and Africa in general to open up capital for funding agri-business.

     
    Speaking at a side event of the International Off-grid Renewable Energy Conference (IOREC) currently under way in Nairobi, three experts in the solar power sector decried the lack of capital from banks for the agricultural industry.
  • Commodity exchanges bring new hope to Africa’s farmers

    Posted on :Thursday , 29th September 2016

     At the recent African Green Revolution Forum in Nairobi, one of the outstanding take-outs was that Africa may need $400 billion (Sh40 trillion) in investment in food production over the next decade to meet its needs.

     
    But while finance is the problem, it is not the solution if we do not reorient its deployment. Many African countries and donor programmes have i. . .

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