Uganda: Drought drives up milk prices

Since November last year, most of the districts in the Rwenzori sub-region have been experiencing drought and this has affected milk production. As a result, milk prices have soared, especially in Fort Portal town. Farmers now move long distances with their animals in search of pastures and water due to their (farmers’) failure to adapt […]

Equity inks Sh300m deal to finance small-scale farmers

Equity inks $2.8m deal to finance small-scale farmers

Equity Bank and the Ministry of Agriculture have signed a Sh300 million agreement to finance farmers under phase two of the Agricultural Credit Guarantee Scheme (ACGS), in which the government provides collateral. The partnership is a risk-sharing arrangement where the government provides a guarantee fund to cushion the participating financial institutions from any proven loss […]