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Co-op Bank bets on Naivasha horticultural fair to power Kenya’s Sh137.3b agribusiness sector

admin — Thu, 25 Sep 2025 10:00:42 +0000

Under the three-year sponsorship agreement, the bank says it is deepening its commitment to the horticulture industry which earned $1.06 billion (Sh137.3 billion) in export revenue in 2024 and employs over 40 per cent of Kenya’s population, according to the state department for agriculture.

Co-operative Bank head agribusiness Olive Ong’ele said that as Kenya’s leading agribusiness financier, it is a strategic investment in Kenya’s economic future.

“We’re directly engaging with 12,000 industry stakeholders because we understand that the success of Kenya’s horticulture sector requires dedicated financial leadership and innovative solutions tailored to this critical industry,” said Ong’ele.

According to the lender, the sponsorship aligns with its long-term goals of strengthening support across key sectors including horticulture, tea and coffee. Kenya’s horticulture sector is a significant contributor to the country’s export earnings, through the export of flowers, fruits and vegetables to international markets.

Flower exports alone are projected to reach Sh110 billion (US$851 million) in 2025 as per forecasts from the Kenya Flower Council.

The Naivasha Horticultural Fair serves as a crucial networking platform where exporters, growers, suppliers, and service providers converge to explore business opportunities and share industry insights; and their significance cannot be overstated for Kenya’s economy.

According to Kenya National Bureau of Statistics (KNBS) data, agriculture contributes 21.3per cent to GDP and accounts for 65 per cent of national export earnings, making events that strengthen industry networks and showcase innovations directly impact millions of livelihoods.

Co-operative Bank’s participation in the fair highlighted its specialised agribusiness banking solutions, including export financing, supply chain financing, and tailored loan products for horticultural enterprises.The bank’s representatives engaged with fair participants to discuss customized financial solutions that address the specific challenges facing the sector.

” Our specialised solutions address the sector’s most pressing challenges: from seasonal cash flow management for smallholder farmers to sophisticated export credit facilities for major flower exporters shipping to Europe. When Kenya’s horticulture exports grow, we ensure our clients have the financial infrastructure to capitalize on every opportunity,” added Ong’ele.

The post Co-op Bank bets on Naivasha horticultural fair to power Kenya’s Sh137.3b agribusiness sector appeared first on Nairobi-Times.

The Pros and Cons of Switching to a Fully Digital Payment Wallet

Nick — Thu, 09 Jan 2025 06:54:05 +0000

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“Love is the quiet strength that lifts us in our weakest moments, the gentle warmth that melts fear, and the unspoken language that connects souls. It’s not about perfection but about growing, healing, and embracing life’s imperfections together, with hearts wide open and boundless hope.”

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The post The Pros and Cons of Switching to a Fully Digital Payment Wallet appeared first on Nairobi-Times.

What the New Trade Deal Really Means for Small and Local Businesses

Nick — Thu, 09 Jan 2025 06:40:29 +0000

Vivamus mattis rutrum nisi, pulvinar congue nulla sagittis vitae. Mauris ut tincidunt urna. Fusce sed quam semper, fringilla quam id, ullamcorper tellus. Vivamus in tortor enim. Pellentesque finibus, justo vel auctor scelerisque, turpis sapien fermentum tortor, non finibus tellus velit et ligula. Mauris dictum sapien sagittis commodo auctor. Cras condimentum porttitor quam, a lacinia augue ornare a. Etiam pulvinar viverra justo, quis soll justo iaculis rhoncus. Vestibulum elementum massa et nisi ullamcorper, sed lacinia nulla ultricies. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Praesent condimentum leo vitae tellus sollicitudin, at varius tortor tempus. Nam in urna et neque efficitur lobortis. Nulla tempus luctus urna sed semper. Vestibulum ante ipsum primis.

“Love is the quiet strength that lifts us in our weakest moments, the gentle warmth that melts fear, and the unspoken language that connects souls. It’s not about perfection but about growing, healing, and embracing life’s imperfections together, with hearts wide open and boundless hope.”

Congue sollicitudin molestie, dolor neque malesuada sodales

Mauris tempor elementum quam. Morbi sit amet eros sit amet justo tempus venenatis

Sed Varius orci in arcu posuere
Aliquam erat volutpat. Curabitur neque justo
Duis a Sagittis ipsum, at lacinia leo
Duis suscipit magna eu ultrices condimentum

Donec eleifend gravida hendrerit. Donec lacus leo, pharetra

Aenean eu felis at ipsum volutpat pellentesque vel ac diam

The post What the New Trade Deal Really Means for Small and Local Businesses appeared first on Nairobi-Times.

The Rise of Side Hustles: How Gen Z Is Redefining Work

Nick — Wed, 08 Jan 2025 06:43:13 +0000

Ut congue leo ac justo iaculis rhoncus. Vestibulum elementum massa et nisi ullamcorper, sed lacinia nulla ultricies. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Praesent condimentum leo vitae tellus sollicitudin, at varius tortor tempus. Nam in urna et neque efficitur lobortis. Nulla tempus luctus urna sed semper. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia curae.

“Love is the quiet strength that lifts us in our weakest moments, the gentle warmth that melts fear, and the unspoken language that connects souls. It’s not about perfection but about growing, healing, and embracing life’s imperfections together, with hearts wide open and boundless hope.”

Congue sollicitudin molestie, dolor neque malesuada sodales

Mauris tempor elementum quam. Morbi sit amet eros sit amet justo tempus venenatis

Sed Varius orci in arcu posuere
Aliquam erat volutpat. Curabitur neque justo
Duis a Sagittis ipsum, at lacinia leo
Duis suscipit magna eu ultrices condimentum

Donec eleifend gravida hendrerit. Donec lacus leo, pharetra

Aenean eu felis at ipsum volutpat pellentesque vel ac diam

The post The Rise of Side Hustles: How Gen Z Is Redefining Work appeared first on Nairobi-Times.