The Government has signed a Sh7.82 billion (£60 million) loan agreement with the European Union to boost the agricultural sector. The money, to be spread over three years, will go towards solving challenges of accessing credit as well as developing insurance products for farmers. EU Head of Development cooperation in Kenya Bernard Rey said on Monday that the country has potential to scale up the impact of agriculture on the economy and the financial assistance will go towards speeding up the process. read on: http://www.capitalfm.co.ke/business/2011/09/19/sh7b-eu-funding-to-grow-agricultural-sector/
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