Proparco and Equity Group have signed an agreement, granting technical assistance of €1 million to Equity Group Foundation (EGF) for the implementation of its high-impact project, Climate Resilient Agri-Food Systems (CRAFS).
This partnership with a long-standing client, Equity Group, aims to support small Kenyan farmers in the adoption of sustainable practices. Agriculture is a key driver of Kenya’s economic development, accounting for approximately 30% of the GDP and 45% of export earnings. As the backbone of rural livelihoods, it sustains 75% of rural communities and employs over 70% of the rural workforce, 60% of whom are women and youth.
EGF is a Kenya based not-for-profit foundation established in 2008 as the social arm of Equity Group Holdings. It seeks to transform the lives and livelihoods of the people of Africa.