'We have distributed 2.5 million bags of fertilizer through e-vouchers,' says President Ruto
President William Ruto has stated that the
government has distributed 2.5 million bags of fertilizer to nearly half a
million Kenyans through an e-voucher system, improving efficiency and boosting production by 50% in the last year.
The Head of State was speaking at the
Connected Africa Summit at Uhuru Gardens on Monday, where he mentioned how technology and the digital space are boosting productivity in various
sectors.
“In the last four months, we have
distributed 2.5 million bags of fertilizer to close to half a million farmers
in Kenya using an e-voucher, that has eliminated cartels, roadblocks, and
bottlenecks and has made the distribution of fertilizer efficient,” said
President Ruto.
“Because of the e-voucher we used last year
to distribute our fertilizer and the efficiency it brought into our farming, we
increased our production by 50% last year.”
Ruto added that in Embu, women in the
markets are discussing business efficiency due to the availability of free,
stable internet allowing them to connect with their suppliers.
The President commented on the emerging
companies that manufacture fibre and assemble gadgets like smartphones and
computers, saying there is a whole array from creating jobs and enhancing
commerce to powering industrialization.
In his speech, Ruto said that there is increased
digital penetration which has laid a solid foundation for the digital economy’s
expansion and built significant momentum for transformative economic growth.
“With over 160 million Africans gaining
broadband access between 2019 and 2022, and a 115% increase in internet users
between 2016 and 2021, we have laid a solid foundation for the digital
economy’s expansion and built significant momentum for transformative economic growth,”
uttered Ruto.
President Ruto also acknowledged the role that
international and regional support has played in contributing to the strength
of the projected growth of Africa's digital economy.
“I wish to emphasize to the global community, and especially financial institutions and private investors that betting on Africa’s future now is the best investment decision with unprecedented immediate and long-term benefits.”
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