Brief news on farming and agribusiness in the country

Duke Nyarani assesses the damage on his crops after a heavy downpour accompanied by hailstorm ravaged the farm in Nakuru, in this past photo. The private sector has been urged to provide financial and technological support as conventional lending institutions become too reluctant to support farmers due to increased risks resulting from climate change. FILE PHOTO | NMG

What you need to know:

  • The private sector was urged to provide financial and technological support as conventional lending institutions become too reluctant to support farmers due to increased risks.
  • Anmol Vanamali, private sector partnerships lead at Winrock, explained that private sector financing is the new frontier of climate financing.
  • The competition, which is currently in its sixth edition, is preceded by a 16-week mini MBA training programme mirrored on Texas-based Acton School of Business, which is blended with practical business insights.
  • According to Luca Alinovi, Farmshine’s founder and chief executive officer, the platform was designed with a farmer-first approach as it can be easily replicated for any value chains.

Private sector told to lead climate resilience efforts

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