British International Investment (BII), the UK’s development fund, has committed Ksh3.99 billion ($26.5 million) to African warehouses in three countries including Kenya to support smallholder farmers in storing grains and combat food insecurity.
The funds will be disbursed to Afex, Africa’s commodities platform, which operates more than 200 warehouses in Nigeria, Kenya, and Uganda and serves more than 450,000 farmers.
For more information, please see https://www.theeastafrican.co.ke/tea/business/british-investment-fund-puts-26m-in-african-warehouses-4422292
