Agriculture is set for increased funding, following the establishment of a network by the East African Community. The East Africa Agriculture Finance Network, which is sponsored by USAID, will constitute banks, insurance firms, co-operatives, venture capitalists, private equity funds and investors, government representatives and regulators, regional economic communities and small-and-medium enterprises. Across Africa, many bank officials had little knowledge on agriculture and could, therefore, not make decisions fast enough on funding projects. Read more here.
Mwaniki Wahome
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