Kenya signs $250mln deal with UK to boost food production

Kenya has signed an agreement for direct investments of $250 million (Sh31 billion) by UK-based United Green Group to boost food production in the country. 

Under the agreement, the group will deliver agri-fintech services for rural communities, high-productivity climate-smart farming and state-of-the-art agro-industrial facilities over the next five years, Kenya News Agency reported. 

“This is a landmark joint venture that will change the food security situation in the country significantly,” Kenya’s Ministry of Investments, Trade and Industry said in a statement.