EU Targets Youth, Women with Sh5bn Agribusiness Project

The European Union (EU) has unveiled a Sh5.1 billion programme to assist Kenyan agricultural ventures access training on innovations and entrepreneurship.

 

Under the deal, 200 agribusinesses selected for the programme will be trained in better agribusiness practices and provided loans to boost their businesses.

 

The advice will be provided to all selected agribusinesses through incubation hubs set up in eight counties which are Kilifi, Machakos, Kiambu, Meru, Isiolo, Kisii, Bungoma and Uasin Gishu.

 

The EU said yesterday the plan will benefit 200 women and youth-led enterprises over a five-year period leading to the creation of 17,000 jobs.

 

“It will increase smallholder production, improve food security and boost household incomes,” said the EU.

 

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