The Star (Kenya) - - News Gen­eral -

Small and Medium Re­source Cen­tre has signed a Sh100 mil­lion agree­ment with Urithi Hous­ing Co­op­er­a­tive to start a fish-keep­ing busi­ness in Maragua, Mu­rang’a county.

The project, which will be funded through Urithi mem­bers’ con­tri­bu­tions and its fi­nan­cial arm Urithi Premier Sacco, will set up 150 fish ponds to ac­com­mo­date more than 5,000 fish species. Urithi Sacco chair­man Sa­muel Maina said this will em­power mem­bers eco­nom­i­cally and di­ver­sify rev­enue streams for the or­gan­i­sa­tion.

In the deal, the Kil­imo Bi­ashara arm of SME Re­source Cen­tre pro­vides tech­ni­cal sup­port, in­surance ser­vices, fish breeds and mar­ket­ing of produce. It also shares the rev­enues.

The project will oc­cupy 10 acres re­cently ac­quired by Urithi Sacco.

Fish pro­duc­tion has been on the de­cline in Kenya. The coun­try im­ports fish to meet the in­creas­ing de­mand. In­creased lo­cal pro­duc­tion will help to bridge the gap, as im­ports from coun­tries such as China have sparked con­tro­versy.

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