Coffee farmers will from July benefit from a Sh3 billion cherry advance revolving fund, President Uhuru Kenyatta said yesterday. This is among a raft of measures he announced aimed at boosting the coffee sector and solving delays in payments. "All coffee farmers across the country will be able to access the cherry advance at a modest interest rate of three per cent,” said the President when he opened the 124th session of the International Coffee Council at the Kenyatta International Convention Centre (KICC). The President announced that under a new regulatory framework, the coffee sector will be liberalised to open up direct marketing by co-operative societies. Others who addressed the forum included the Executive Director of the International Coffee Organization Jose Sette, Agriculture CS Mwangi Kiunjuri and Nairobi Governor Mike Sonko.

Source: The Star March 26, 2019 21:00 UTC