Kenya's ...
Kenya's Government Launches New Agriculture Fund to Support Small-Scale Farmers
The Kenyan government has introduced a new initiative aimed at improving agricultural productivity and supporting small-scale farmers. The program, called the "Farmers' Growth Fund," is designed to provide access to affordable loans and technical support to farmers, especially in rural areas.
The government plans to allocate substantial resources to assist farmers with acquiring modern farming equipment, seeds, and fertilizers, which will help increase their yield and income. Agriculture is a significant sector in Kenya, employing more than 75% of the rural population, but many farmers face challenges such as poor access to capital and markets.
Officials stated that the fund would also work alongside existing agricultural programs to provide a more holistic approach to improving food security and promoting sustainable farming practices. The new initiative has been welcomed by industry stakeholders, who believe it could be a game-changer for the country's agricultural sector.
This move comes as the government continues to address the challenges in agriculture, with the aim to improve overall food production and ensure Kenya's food security in the coming years.
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