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    World Bank Approves $250 Million for New Agriculture Project in Kenya

    Eunniah
    By Eunniah Mbabazi
    - March 31, 2022
    - March 31, 2022
    AgricultureGlobal NewsKenya Business news
    World Bank Approves $250 Million for New Agriculture Project in Kenya

    The World Bank has approved $250 million International Development Association (IDA) credit for a new Agricultural Value Chain Development Project (NAVCDP) in Kenya.

    The project seeks to increase market participation and value addition for 500,000 small scale farmers in Kenya who are engaged in nine value chains across 26 counties.

    The 26 counties include Kilifi, Taita Taveta, Kwale, Tana River, Kakamega, Busia, Kisii, Migori, Homa Bay, Nakuru, Narok, Bomet, Kericho, Nyandarua, Trans-Nzoia, Nandi, Uasin Gishu, Machakos, Makueni, Kitui, Meru, Murang’a, Kiambu, Kirinyaga, Embu and Nyeri.

    The NAVCDP will build on the foundation set by two existing World Bank funded projects – the National Agricultural and Rural Inclusive Growth Project and the Kenya Climate Smart Agriculture Project, and will mostly focus on a subset of farmers drawn from these two projects who are engaged in dairy, poultry, fruits (banana, mango, and avocado), vegetables (tomato & potato), coffee, cotton, cashew nut, apiculture, and pyrethrum value chains.

    The project will deepen investments in existing interventions around productivity enhancement, community led farmer extension, water management and data driven value chain services, introduce intensified investments into the select value chains, scale up value addition and market linkages with agribusiness off-takers and small and medium enterprises, support Farmer-led Irrigation Development (FLID), enhance access to credit and support the rollout of urban food system pilots in select clusters.

    The FLID activities will focus on developing water efficient irrigation systems, water harvesting and efficient water use, building drought adaptive capacity and climate resilience, while pilots of Urban Food Systems based on climate-smart and safe agriculture principles will be rolled out in Nairobi and surrounding counties.

    See Also:

    IMF Approves $1.4 Billion Emergency Funding for Ukraine

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