Kenya: State Releases Sh6 Billion for Coffee Farmers

9 January 2024
Capital FM (Nairobi)

Nairobi — The government has released Sh6 billion to support coffee farming.

It will go into the Coffee Cherry Advance Revolving Fund as well as into production.

Government spokesperson Isaac Mwaura announced yesterday that the distribution began yesterday in Makueni County and will be extended to all 37 coffee-producing counties.

Today, the distribution will also be done in the counties of Machakos, Kajiado, Taita Taveta, Kirinyaga County and Murang'a.

The disbursement of the fund is part of the government's commitment to reviving the coffee sub-sector.

"Recognizing the pivotal role of coffee in our economic growth and its significant support to over 5 million Kenyans involved in the whole coffee value chain, we've undertaken strategic initiatives to enhance production," Mwaura said.

The distribution will ensure a guaranteed minimum return (GMR) of Sh80 per kilo of coffee cherry, up from the previous guaranteed price of Sh60.

Read the original article on Capital FM.

Tagged:
Copyright © 2024 Capital FM. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.