Kenya Government Eyes US$ 171.8 Billion Superfoods Market
Kenya's government has confirmed plans to use the local co-operatives network to position Kenya as a leading superfood producer and exporter. Speaking during at Kakuzi Plc orchards and Packhouse in [...]
US Launches Africa Trade Desk, Targets $300mn Deals in 18 Months
Prosper Africa, a US government national security initiative, has announced the launch of Africa Trade Desk, a platform to link African agricultural producers and suppliers with large US food retailers. [...]
Cotton Farmers to Receive 500 MT of Seeds as Price Increases by KSh20
Cotton farmers will receive 500 metric tonnes of seeds this year under a renewed effort by the government to boost production and include the crop in Kenya’s export list. “Continuously, [...]
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. [...]
