AfDB distributes fertilizer to 100,000 Kenyan smallholder farmers

The African Development Bank (AfDB)-managed Africa Fertilizer Financing Mechanism (AFFM) will provide a Sh303 million ($2M) partial trade credit guarantee and a Sh33 million ($219,000) grant funding to Nairobi-based agritech company Apollo Agriculture Limited to support the distribution of over 7,000 tonnes of fertilizers to some 100,000 smallholder farmers in Kenya. Between 2024 and 2026, …

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