AATF, Agri All Africa Sign Pact to Boost Hybrid Rice Production
AATF and Agri All Africa have signed a three-year Memorandum of Understanding (MoU) to facilitate the access of hybrid rice seeds in Kenya. According to Canisius Kanangire, the Executive Director of [...]
Kenya to Resume Bulk Avocado Exports this March
Kenya will resume the export of avocado fruits in March this year after the Agricultural Food Authority (AFA) lifted its three-month suspension. Kenya exports its avocado fruits to the Netherlands, [...]
Foodstuff Prices to Drop in Coming Months- CBK Forecast
An Agriculture Sector Survey undertaken by the Central Bank of Kenya (CBK) shows that the price of key food items could begin to fall in the coming months. The CBK [...]Kenyan Banks More Cautious in Approving Loans- CBK Survey
The uptake of credit is likely to be slow in the early months of 2024, dampened by low business activities due to multiple taxes, expensive foreign currency as well as [...]Climate Investment Funds Endorse Kenya’s $70m Energy Plan
The Climate Investment Funds (CIF), through its Trust Fund Committee, has endorsed a $70 million plan, with an initial allocation of $46.39 million. It is expected to mobilize at least [...]Apollo Agriculture to Scale Operations After Swedfund Investment
Swedfund and ImpactConnect have invested $10 million in farming support programmes envisioned by Apollo Agriculture to promote economic sustainability. We are grateful for the trust and confidence that both Swedfund [...]Ugandan Sugar Millers Want Issuance of Sugar Licenses Halted
The Uganda Sugar Manufacturers Association (USMA) wants an amendment of the Sugar Act, 2020, halting all the sugar licenses currently issued by the Ministry of Tourism, Trade and Industry, pending [...]
Nairobi Coffee Exchange to be Brought Under CMA Supervision
Nairobi Coffee Exchange (NCE) will soon be placed under the supervision of the Capital Markets Authority(CMA) as it transitions to The Coffee Exchange. This development puts closure to a long [...]Job Losses Up in November as Private Sector Activity Contracts-PMI Index
The rate of job losses in the private sector increased in the month of November, due to weaker output and reduced workloads, the November Kenyan Purchasing Managers Index (PMI) shows. [...]Unga Group to Hold 96th AGM Virtually on 7th Dec
Listed miller Unga Group Limited has notified shareholders that it will hold its 96th Annual General Meeting virtually on 7th December 2023. In the financial year ended 30th June 2023, [...]Erratic Rainfall, Insecurity Suppress Cereal Production in East Africa
Erratic rainfall and insecurity are keeping cereal production in East African region at below-average levels, the Food and Agriculture Organization (FAO) has warned. According to FAO’s Crop Prospects and Food [...]CMA Licences Kirinyaga Slopes Coffee Brokerage Company
The Capital Markets Authority (CMA) has licensed Kirinyaga Slopes Coffee Brokerage Company Limited as a coffee broker, in an effort to deepen coffee sub-sector reforms. The company’s promoter is the [...]
