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Kenya, Nigeria and Egypt to benefit from Sh37 billion global fund

Employees sorting and grading dried ginger at the Horizon Group Africa plant in Kaduna. [Courtesy]

Kenyan farmers and entrepreneurs could soon benefit from a wave of fresh capital after a global impact fund announced plans to pump billions of shillings into agribusiness and manufacturing across Africa.

The Global Supply Chain Support Fund, backed by German lender KfW and Japan’s JICA, is eyeing investments worth $250 million (Sh37 billion) across three key regions including East Africa, West Africa and North Africa.

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