Tea Prices Edge Lower to $ 2.32 per Kilo Despite an Increase in Demand
Tea prices dipped slightly at this week’s Mombasa auction remaining below the minimum reserve price despite fairly good demand for the commodity. At the auction, a kilo averaged USD2.32(Sh283.74), two [...]
Horticulture Earnings Drop to a 2-Year Low of KES 8.8 Billion in September
Kenya’s earnings from flowers, fruits, and vegetable exports fell to the lowest level in more than two years in September, driven by a weaker Euro and Sterling pound. Data from [...]Tea Prices Decline to $2.34 per Kilo on Low Demand
Tea prices dipped further at this week’s Mombasa auction dropping below the minimum reserve price amid reduced demand for the commodity. At the auction, a kilo averaged USD2.34(Sh285.48), ten cents [...]Gates Foundation Commits $7 Billion to Support Health, Agriculture in Africa
In his first trip to Africa since the COVID-19 pandemic began, Bill Gates has announced the Bill Melinda Gates Foundation would spend more than $7 billion over the next [...]
Government to Allow Import of Duty-Free GMO Maize for Six Months
The Government seeks to allow the importation of duty-free GMO and non-GMO maize to address the biting food shortage. Investments, Trade and Industry Cabinet Secretary Moses Kuria said on his [...]Kenyan Miraa Exporters Turn to Ethiopia for the Product amid High Costs Locally
Kenyan Miraa exporters have shifted to Ethiopia as a source market for the stimulant, where they are buying nearly half of the allocated quota for the Somali market as high [...]
Microsoft and IFC tech partnership to promote sustainable agriculture in Africa
Microsoft has signed a partnership with the International Finance Corporation; the largest global development institution, to support the use of technology in Africa’s agricultural sector. Microsoft will deliver the project [...]Kenya Suspends Bulk Avocado Exports for 3 Months
Kenya has suspended bulk avocado exports pending a review in January next year in efforts to protect the market for local produce. Horticultural Crop Directorate Director Benjamin Tito says a [...]Kenya's Horticulture Exports Earnings to China Hit KES 1.7 Billion in 3 Months
Despite climate change challenges affecting the horticulture sector, Kenya was able to hit the KES 1.7 billion mark in horticulture exports earnings to China in three months between August and October [...]Prices at Tea Auction Decline Slightly to $2.43 Per Kg
The weekly Mombasa Tea Auction held on 7th, 8th, and 9th November 2022 had 13.8 million kilograms of tea offered for sale. The amount on offer increased when compared to the 13.2 [...]Kenya Partners with Australia to Build 300 MW Fertilizer Plant
Kenya has partnered with an Australia-based company, Fortescue Future Industries, to build a fertilizer production facility in the next three years. The move, according to State House is aimed at [...]Prices at Tea Auction Hit 8-Month High of $2.45 Per Kg
The weekly Mombasa Tea Auction held on 31st October, 1st and 2nd November 2022 had 13.2 million kilograms of tea offered for sale. The amount on offer increased when compared to the [...]
