NOTIFICATION OF COMPLETION OF REGISTRATION OF SUPPLIERS
FOR THE FINANCIAL YEARS 2016/2017 & 2017/ 2018
To all Applicants,
Notice is hereby given that the registration of suppliers for the Fund for the Financial years: (2016/2017 and 2017/2018) is complete and the names of the successful applicants are posted on the Fund’s website
A copy of the same list is available at the Fund’s Offices situated on the 2nd floor, Railways Headquarters, along Workshop Road, off Haile Selassie Avenue, Nairobi.
Commodities Fund: Background
The Agriculture Sector Reforms began in 2003 with the formulation of the Economic Recovery Strategy for Wealth and Employment Creation (ERS) and the Strategy for Revitalization of Agriculture (SRA).The Sector reforms were aimed at reviewing, updating and harmonizing the legal framework to rationalize multiple legislation and regulations governing the sector.
The review and consolidation of over 130 laws (which existed in the agricultural sector in Kenya, including the Coffee Act, 2001 through which established Coffee Development Fund, and Sugar Act, 2001 that established Kenya Sugar Board, which administered Sugar Development Levy) culminated in the enactment of the Agriculture, Fisheries and Food Authority Act, 2013, the Crops Act 2013, and the Kenya Agricultural and Livestock Research Act, 2013.
The AFFA Act consolidates the laws on the regulation and promotion of Agriculture and makes provision for the respective roles of the national and county governments in agriculture and related matters, in line with the provisions of Part 1 and Part 2 of section 29 of Fourth Schedule to the Constitution of Kenya.
The Act also makes provisions for the establishment of the Agriculture, Fisheries and Food Authority, which is the successor to the following eight institutions earlier established under the laws repealed by the Crops Act, 2013.
i. Kenya Sugar Board
ii. Tea Board of Kenya
iii. Coffee Board of Kenya
iv. Horticultural Crops Development Authority
v. Pyrethrum Board of Kenya
vi. Sisal Board of Kenya
vii. Cotton Development Authority
viii. Kenya Coconut Development Authority
Among other mandates of this Authority (AFFA) is to administer Crops Act, 2013, which establishes the Commodities Fund.
Commodities Fund (CoF)
Commodities Fund (CoF) is a fund established under Crops Act, 2013, article 9 (1) to provide sustainable and affordable credit and advances to farmers for farm improvement; farm inputs; farming operations; price stabilization; and any other lawful purpose approved by the Authority.
The Fund is the successor of Coffee Development Fund and Sugar Development Fund (Which was part of Kenya Sugar Board. Coffee development Fund and Kenya Sugar Board were among other Agriculture Sector regulatory institutions that ceased to be, following coming to effect of Crops Act 2013 on 1st August 2014.