Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Agriculture

Kenya: EU finances construction of a Sh100 million banana-processing plant

Monday, 22 February 2016 18:44

(Ecofin Agency) - The European Union is currently setting up in Kenya, a banana processing unit for 100 million Shillings. The infrastructure which falls in line with the Taita Taveta government’s Country Integrated Development Plan (CIDP) will improve local production and create jobs.

According to Evans Mbinga, county officer in charge of agriculture, this plant could generate an annual turnover of Sh1 billion at full operation. The county which produces 55 tons of bananas daily transported to Mombasa, can allocate up to 1,000 hectares for the crop.

“The banana processing plant will add value to the local community,” said the official adding that the local market would consume banana products such as biscuits, chips, cakes, and wine produced at the plant.

Aaron Akinocho

 
Finance


 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.