Farmers to benefit from Sh2.5bn livestock financing deal
NAIROBI, Kenya, Nov 12 - Pastoralists and livestock value chain players are set to access Sh2.5 billion in financing following a new partnership between Kenya breaking news | Kenya news today |..
✨ Key Highlights
A new partnership between Avenews, the Kenya Meat Commission (KMC), and the Kenya Livestock Marketing Council (KLMC) will provide Sh2.5 billion in financing to pastoralists and livestock value chain players. This initiative aims to address the significant challenge of limited access to credit within these communities by offering flexible, trade-based capital.
- The financing deal is valued at Sh2.5 billion, set to roll out in 2025.
- Key organizations involved are Avenews, the Kenya Meat Commission (KMC), and the Kenya Livestock Marketing Council (KLMC).
- The agreement targets agri-SMEs, pastoral cooperatives, and individual traders, providing working capital linked to daily transactions, accessible instantly via Avenews’ digital platform.
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Kenyan Government Announces Over KSh23 Billion for Development Projects and Farmer Financing - November 2025
President William Ruto conducted a two-day tour of Kitui County, where he launched and inspected development projects valued at over KSh20 billion. These initiatives are intended to boost infrastructure, housing, and economic opportunities. As part of this regional development push, the government also allocated Sh550 million to complete 162 stalled civil servant houses in Makueni County, a project pending for over three decades. In a separate initiative, a partnership between Avenews, the Kenya Meat Commission (KMC), and the Kenya Livestock Marketing Council (KLMC) will provide Sh2.5 billion in financing to pastoralists. This partnership aims to address the significant challenge of limited access to credit for livestock value chain players by offering flexible, trade-based capital.
