Business & Economy3 stories from 2 sources
The Kenyan government launched a new initiative to boost local production of sunflower and soybean oil, aiming to significantly reduce the country's substantial import bill. President William Ruto oversaw the disbursement of a Sh250 million credit facility from the Kenya Development Corporation to Trans Elite County SACCO. This funding aims to expand credit access for over 10,000 micro, small, and medium enterprises in the North Rift region of Kenya. Meanwhile, Kenya's agricultural exports face disruption due to the Middle East conflict, with meat exports potentially costing up to Sh1.2 billion monthly.