Business & Economy3 stories from 1 sources
President William Ruto has signed new laws transferring coffee sector regulation to the Coffee Board of Kenya and establishing a dedicated Coffee Research and Training Institute. The President has also overseen the disbursement of a Sh250 million credit facility from the Kenya Development Corporation to Trans Elite County SACCO, aiming to significantly expand access to credit for over 10,000 micro, small, and medium enterprises in the North Rift region. Additionally, the Kenyan government has launched a new initiative to boost local production of sunflower and soybean oil, aiming to significantly reduce the country's substantial import bill.