The European Union has funded an agriculture programme for selected 200 women and youth led enterprises for support. Dubbed AgriBiz, the programme targets creating 17,000 jobs in the agricultural sector countrywide in the next five years. The 200 candidates include early stage/start-up companies, Small and Medium-sized Enterprises (SMEs), women and youth-led community based organisations, as well as self-help groups. An additional Sh17.1 billion in loans will also be leveraged from local financial institutions to support the enterprises. Over a five-year period the programme will support over 1,600 enterprises to develop bankable business plans, 1,200 enterprises to access financing from financial institutions and over 1,500 women to access EU supported community level micro financial services.

Source: The Star July 16, 2020 12:56 UTC