Proparco and Equity Group have signed an agreement, granting technical assistance of Sh141, 260,000 to Equity Group Foundation (EGF) for the implementation of its high-impact project, "Climate Resilient Agri-Food Systems" (CRAFS) to support small Kenyan farmers in the adoption of sustainable practices.
The signing ceremony took place in Nairobi, in the presence of the French Ambassador to Kenya, Arnaud Suquet, Proparco's Regional Director for East Africa Jean Guyonnet-Dupérat and the CEO Equity Group, Dr.
James Mwangi.
Agriculture is considered as a key driver of Kenya's economic development, accounting for approximately 30 percent of the Gross Domestic Product (GDP) and 45 percent of export earnings.