ECO.BUSINESS FUND,FAMILY BANK PARTNER TO STRENGTHEN AGRICULTURAL LENDING CAPACITY IN KENYA

The Development Facility of the eco.business Fund has partnered with Family Bank in Kenya to offer specialized agrifinance training to Family Bank staff to optimize the bank’s capacity to reach sustainable agri-businesses and better identify eligible sub-borrowers. The agriculture sector is vital both to Family Bank and the Kenyan economy. Therefore, the fund has identified several activities to boost the bank’s agricultural lending capacity including a tailored training on lending to the agricultural sector. The new training program is in line with the Development Facility’s technical assistance mandate to build staff capacity and implement…

Kakuzi releases its third Environmental, Social, and Governance (ESG) report

Listed agri-business firm Kakuzi Plc has announced the release of its third Environmental, Social, and Governance (ESG) report.   With the report’s release, the Nairobi Securities Exchange (NSE) listed superfoods grower now becomes the first Agricultural segment counter on the local bourse to voluntarily release its ESG report this year.   ESG is a framework upon which companies develop and deploy their sustainability initiatives, including identifying, assessing and managing risks that emanate from social and environmental issues affecting their entire value and supply chains.   Speaking at the release of…

Kakuzi PLC Scoops 5 Awards at the 3rd Kenya Avocado Industry Excellence Awards

Kenya’s largest avocado producer, Kakuzi PLC has scooped five (5) awards at the annual Avocado Industry Excellence Awards held at the Trademark Hotel, Nairobi.The company which was nominated for 6 awards in 4 categories managed to win 2 awards in the first category becoming 1st runners up in the rest. The awards won were in the Individual category, Avocado Person of the year Awards, which was awarded to Mr. Chris Flowers, Kakuzi’s MD, recognizing him for his invaluable input in the Kenya Avocado Industry and his commitment to quality, traceable…

Kenyan Farmers Support the Lifting of GMO Ban In Kenya

More than 60 farmers under the the umbrella of the Society for Bitech Farmers of Kenya (SOBIFAK) have welcomed the move by the government to lift the ban on GMOs in the country.   Addressing the media on Thursday the farmers thanked President William Ruto and the Cabinet for the lifting of the ban saying it will allow them access to climate -resilient high yielding seeds.   ‘This landmark decision has herald a new dawn towards revival of Kenya’s rich agricultural fortunes, and has opened an avenue for our prosperity…

UNDP: Agropastoralists in Africa are taking responsibility for their development

To achieve the Sustainable Development Goals (SDGs) in agropastoral communities, investments must facilitate seamless cross-border mobility, diversify skills, livelihood options and directly strengthen family and socio-cultural bonds. This is according to the United Nations Development Programme (UNDP)’s AfricaBorderlands Centre (ABC) new report “Promise, Peril and Resilience: Voices of Agropastoralists in Africa’s Borderland Regions”. Speaking during the launch of the report today, the United Nations Assistant Secretary-General and Director of UNDP’s Regional Bureau for Africa Ms. Ahunna Eziakonwa said: “At the centre of unleashing the potential of mobility, labour diversification and…

Twiga Foods Launches Distribution Centre to Expand Delivery Capacity in the Eastern Africa Region.

President William Ruto today officially unveiled Twiga Foods Multi-Million-dollar distribution center, a world-class 200,000 sq ft facility that will offer fulfillment by Twiga services to manufacturers, brand owners, and farmers across East Africa. Located in Tatu City, the automated facility will see the company expand its overall capacity and ability to deliver a selection of fresh produce, and retail products and provide partners access to over 140,000 customers across the Kenya and Uganda. While addressing stakeholders during the launch, Twiga’s Group C.E.O, Peter Njonjo stated that the move will ensure…

Twiga Foods On The Front Line In Addressing Food Insecurity In Africa

The technology-driven fresh produce and fast-moving consumer goods aggregator Twiga Foods, is playing a big role in curbing the menace of food insecurity in Africa by providing access to high quality foods, products and retail services. As part of its business model transformation plan,  Twiga recently launched a new optimized sales’ agents program,  where current Trade Development Representatives ( TDRs) transitioned from permanent employees into independent agents on a 100% commission basis. The transition is creating an opportunity for former sales agents and the general public hence allowing for higher…

Avenews Builds Agri-Finance Super App To Make Agri-Businesses Financing Easier

Avenews, a multinational financial technology, has uilt the first financial super app for Kenya’s Agricultural Small and Medium Enterprises (agri-SMEs) The super app provides a comprehensive financial management tool that enable advanced ML (machine learning) algorithms to process hundreds of data points and create personalized financial products, including access to digital credit. The one stop shop assists agribusiness with operations and team management, as well as digital invoicing and payments. “Agri-SMEs are the driving force behind Africa’s economic growth, but their financial needs often go unmet. With Avenews, agri-SMEs can…

Farmers Express Hope For New Mps to Amend the Coffee Bill

Coffee farmers led by Hon. Gathoni Wamuchomba have today expressed hope that the new parliament will pass a bill that will rescue the coffee sector. The farmers said coffee farming is a highly profitable activity that has been used by few people to exploit farmers leaving them impoverished servants. Esther Kariuki, a coffee farmer, Nyeri County said the outgoing Agriculture Cabinet Secretary Peter Munya did his best to support the sector despite the politics that surrounded the sector.  The sector should be streamlined to ensure the farmer benefits from the…

Electrical Vehicles Enthusiasts organize E-Mobility Expo to spur uptake

Association for Electrical Mobility and development in Africa (AEMDA) in partnership with various Electrical Automobiles enthusiasts such as Vehicle and Equipment Leasing Limited (VAELL), Go Electric Limited, Utu Cars, EVCHAJA,  Drive Electric Limited, Absa Bank, Tesla car owners, UNEP with support from the Africa E-Mobility Industry Action (AFEMI) among others, held an Electrical Vehicles (EVs) and related automobiles expo  Saturday the 29th of October 2022 at the Waterfront, Karen, Nairobi, during the Africa E-Mobility Week which came to a colorful end after a series of activities that involved the launch of…