Many African universities are grappling with decreased funding from their governments. This has seen many African universities launch the self sponsored programs, but due to the competition for students this income stream too is becoming jeopardized. This has forced many African universities to look for income generating schemes that can supplement the fee paid by the universities. One such university that has expanded is Kenya's Moi University, located in the western town of Eldoret.
To realize its aims of economic self sufficiency, four mega agricultural projects will be launched soon under the Moi
University development unit (MUDU). The projects dubbed MUDU flowers,
MUDU Dairies, MUDU Fruits and MUDU Poultry will be undertaken with
support of partners from an Israeli Consortium of businessmen with
expertise in Agribusiness. This was
revealed by the Vice Chancellor Prof
Richard Mibey in Main campus while receiving a report from a
technical committee which was mandated
to develop the blue print of the projects. The committee was led by Prof
Paul Chepkuto who is the DVC planning and development.
Prof Mibey
said that the decision to undertake the projects was informed by the
need to generate additional income to the university. “Government
funding to universities has declined over the years and therefore there
is need to seek alternative sources of income. We have 3,000 acres of
land but we are using only about 500 which leave 2500 acres that can be
utilized for Agriculture,” said Prof Mibey. He said money from self sponsored parallel degree programs caters for 50% of the university budget but may not be
reliable in the long run. “We can’t continue relying on PSSP because we
are no longer the only University in this region.
There are 14 other
Universities competing with us meaning the student population may
decline,” he added.
The projects will be launched within four months
with value addition of the produce as the main target. The Israeli
partners will offer their expertise as well as assist in marketing the
produce internationally. The first produce is expected to be out by the
end of the year with projections of income to the university increasing
up to five times within 3 years. Prof Mibey said the development of the
University and the country at large depends on the skills and expertise
of the manpower available within the University.
We are Home of Compassionate Conservatism. (Capitalism with a Human Face). What's The Sweet Spot Between Those Who Believe Behind Every Great Fortune is a Great Crime and Those Who Believe Creative Genius Entrepreneurs are a shrinking lot throughout the world and must be rewarded With Infinite Quadrillions? Editor: Koni Okango Mabinda. Email Contact:info@africa54.co.ke Physical: Bidii Farm, Kitale, Kenya.
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