THE government says it will offer credit guarantees to farmers who hold 99-year leases and also rope in pension funds to help improve access to financing and in turn boost agricultural productivity.
Though the country is this year anticipating a bumper harvest on account of improved rainfall, it has over the years struggled to produce enough grain to feed itself mainly because of lack of financing.
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Permanent secretary in the ministry of Agriculture, John Basera, told a recent public lecture that initiatives to unlock private capital together with the coming on board of the Agricultural Finance Corporation (AFC) would improve the country’s fo
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