Kenya Signs Agricultural Cooperation Deal with DRC
Kenya has signed an agricultural cooperation deal with the Democratic Republic of Congo (DRC), seeking to boost agricultural productivity and food security in the two countries. This will be through [...]
Mombasa Tea Auction Adopts $2.12 Million Digital Trading Platform
The East African Tea Trade Association (EATTA) has launched a $2.12 million digital trading platform at the Mombasa Tea Auction. The platform was funded by the Danish International Development Agency [...]World Food Prices Reach an All-Time High in March
World food prices hit an all-time high in March as Russia’s invasion of Ukraine sent “shocks” through markets for staple grains and vegetable oils, the UN’s Food and Agriculture Organization [...]
Family Bank Secures KSh1.1 Billion Grant to Support Tea Farmers in Kenya
Family Bank has received a KSh1.1 billion grant from the eco.business Fund to provide credit to sustainable tea farmers across the country. The credit facility will see sustainability-certified companies and [...]Limuru Tea Makes New Board Appointment
Limuru Tea Plc has appointed Lydia Kawila Musili as the Company Secretary to its board, replacing Alison I.N. Kariuki who resigned with effect from 31st March 2022 on account of [...]
Limuru Tea Plc Posts Net Loss of KSh 9.6 M
Limuru Tea Plc, a listed firm engaged in the growing of green leaf tea, recorded a net loss of KSh 9.6 Million at the close of financial year ended 31st [...]Tea Auction Prices Fall to $2.36 Per Kilogram
The weekly Mombasa Tea Auction held on 28th, 29th, and 30th March 2022 had 13.4 million kilograms of tea offered for sale. The amount on offer increased from 13.1 million kilograms during [...]Kenya Orchards Net Earnings hit KSh3.7 Million
Kenya Orchards Plc, a listed firm that manufactures and sells fruit and vegetable bottled and canned products for domestic consumption in Kenya, has emerged from a net loss of KSh [...]Tea Farmers to Earn More Following Automation of Trade
Tea farmers are set to earn more following the automation of trading at the Mombasa auction amid concerns of price manipulation at the facility that determines growers’ bonuses. Currently, buyers [...]World Bank Approves $250 Million for New Agriculture Project in Kenya
The World Bank has approved $250 million International Development Association (IDA) credit for a new Agricultural Value Chain Development Project (NAVCDP) in Kenya. The project seeks to increase market participation [...]Coffee Farmers Pursue Direct Link to Embassies
Coffee farmers want the government to facilitate them to sell their produce directly to consumers through embassies and high commissions in coffee-consuming countries. Speaking during the coffee farmers exhibition at [...]Prices Continue to Rise at Weekly Tea Auction
The weekly Mombasa Tea Auction held on 21st, 22nd, and 23rd March 2022 had 13.1 million kilograms of tea offered for sale. The amount on offer increased from 12.9 million kilograms during [...]
