Email: lakeregionbulletin@gmail.com
Phone: + 254 787 043 173
Tel: + 254 777 345 677

Kenya set to receive another Sh25 billion loan from World Bank

Date:

Share post:

The World Bank will give Kenya Sh22.7 billion to support projects that will improve food security in the country.

According to Vinay Kunar Vutukru, an Agricultural Economist at World Bank, there are negotiations between Kenya and the financier towards the advancement of the to be channeled into improvement of agriculture value chains in the country.

“We are currently in talks with the government with a view to continue our support to the agriculture sector to enhance food production,” said Vutukru during the launch of a five-year Migration and Invasive Pests and Weed Management Strategy 2022-2027 in Nairobi.

The World Bank is currently funding various projects in the agricultural sector valued at sh56.8 billion, and Kenya is expected to receive the new loan within the next two months.

Austine Ogalo
Austine Ogalohttp://www.lakeregionbulletin.co.ke
Lake Region Bulletin is your one stop multi-media platform for news and stories from the Lake Region counties of Kisumu, Siaya, Homabay ,Migori, Siaya, Kissi,Nyamira, Vihiga, Kakamega, Busia, Bungoma, Trans Nzoia, Nandi, Kericho and Bomet email:ogalo@lakeregionbulletin.co.ke austineogalo02@gmail.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

ProSoil: How once abandoned farms are getting back to productivity

Seven years ago, Agnes Wekesa contemplated selling her family piece of land, and use the money to start a...

200, 000 western Kenya farmers impacted as German-supported Pro-soil project folds

After ten years of engaging farmers in western Kenya, the German-government supported Pro-Soil project has finally folded. ProSoil, a...

How communal drug dispensing is suppressing HIV medication defaulting rates in Homa Bay

As the morning sun hits Pala Village in Ndhiwa, Homa Bay County, Fauzia (not her real name) makes...

Agony of Homa Bay teens nursing scars of early motherhood

It is a warm sunny Wednesday afternoon, and over 30 teen mothers are seated under a tree at...