--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20231117-african-development-bank-seeks-to-improve-kenyan-farmers-access-to-fertilizers/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # African Development Bank seeks to improve Kenyan farmers’ access to fertilizers Publication Date: 2023-11-17T21:00:16-05:00 Last Updated: 2023-11-17T17:43:24-05:00 Author: Kim Clarksen (https://www.fertilizerdaily.com/author/kimclarksen/) Categories: [Markets](https://www.fertilizerdaily.com/markets/) ![green grass field under cloudy sky during daytime](https://www.fertilizerdaily.com/wp-content/uploads/2023/11/green-grass-field-under-cloudy-sky-during-daytime-stockpack-unsplash-scaled-e1700242845952.jpg) The African Development Bank has earmarked $2mn for a scheme that will facilitate the distribution of over 7,000 tonnes of fertilizers to Kenyan farmers. The African Development Bank announced on Friday that the Africa Fertilizer Financing Mechanism (AFFM), which it manages, has pledged to improve Kenyan farmers’ access to fertilizers. The bank said that the AFFM will provide a $2mn partial trade credit guarantee and a $219,000 grant to Apollo Agriculture. The funding will assist the Nairobi-based company in selling fertilizer through a network of 150 retail agro-dealers and 800 village-based agents. The African Development Bank indicated that between 2024 and 2026 the scheme will facilitate the distribution of over 7,000 tonnes of fertilizers to approximately 100,000 smallholder farmers in the country. It said the initiative will increase food production, boost farmers’ income, and create new agricultural jobs. Kenya has historically relied on Russia for a significant proportion of its fertilizer imports. Since Moscow’s invasion of Ukraine in February 2022, fertilizer prices in the East African country have risen by around 30%. This market turbulence has created additional challenges for small-scale farmers, who often have to resort to informal credit arrangements and microfinance to purchase fertilizers. Tags: [Africa Fertilizer Financing Mechanism](https://www.fertilizerdaily.com/tag/africa-fertilizer-financing-mechanism/), [African Development Bank](https://www.fertilizerdaily.com/tag/african-development-bank/), [Apollo Agriculture](https://www.fertilizerdaily.com/tag/apollo-agriculture/), [Kenya](https://www.fertilizerdaily.com/tag/kenya/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.