State seeks revamp of trading firm to stabilise food imports

Workers park bags of maize at Kitui flour mills store after buying from maize farmers in Eldoret. [Peter Ochieng, Standard]

The government wants to prop up the Kenya National Trading Corporation (KNTC) to help it grow capacity to import essentials as well as improving its warehousing capabilities.

The Ministry of Investment, Trade and Industry this week made a pitch to the African Export Import (Afrexim) Bank to support the agency with financing to enhance its capacity in importation of commodities such as grains, edible oil and fertiliser, and revamp its warehouses across the country.