CMA issues Full License to Three Coffee Brokers
The Capital Markets Authority (CMA) has issued two full licenses to Kipkelion Brokerage Company Limited and Murang’a County Coffee Dealers Company. This brings the number of coffee brokers that have [...]
Kenya Halts Avocado Exports WEF 15th November
Kenya's horticulture regulator has suspended avocado exports (Fuerte and Hass varieties) to curb harvesting of immature crop, with effect from 15th November 2021. However, exporters of the Jumbo variety are [...]
Weekly Coffee Auction Records an Increase in Prices
The weekly coffee auction has recorded a 10% price increase during this week’s sale, occasioned by high international prices and quality supplies. A market report by the Nairobi Coffee Exchange [...]Twiga Foods Raises KSh 5.5 Billion to Fund Expansion Drive in Africa
Twiga Foods, a Kenyan agri-tech firm, has announced a US$50 Million (KSh 5.5 Billion) Series C round to scale its efforts in Kenya and other neighbouring countries. It targets to [...]Tea Auction Records Another Fall in Prices
The weekly Mombasa Tea Auction held on 25th, 26th and 27th October 2021 had 10 million kilograms of tea offered for sale. The amount on offer increased from 9.8 million kilograms during [...]Tea Auction Records a Slight Fall in Prices
The weekly Mombasa Tea Auction held on 18th and 19th October 2021 had 9.5 million kilograms of tea offered for sale. The amount on offer was the same as during a similar [...]Prices at Tea Auction Hit $2.29 Per Kilogram
The weekly Mombasa Tea Auction held on 12th and 13th October 2021 had 8.7 million kilograms of tea offered for sale. The amount on offer increased from 8.3 million kilograms during the [...]EU-Backed Mark-Up Kenya and Semabox partner to launch Agri-business podcast series ‘Mazao Talks’
With support from the EU, MARKUP Kenya has announced a partnership with podcast producing company SemaBOX to create and produce a podcast series called Mazao Talks. The first season ofMazao Talkswill [...]PE Firm Adenia Partners acquires Kenya’s fresh-cut grower Red Lands Roses
Africa focused private equity firm Adenia Partners, has acquired a majority stake in Altilands SA, the parent company of Red Lands Roses, a grower of premium fresh-cut roses in Kenya [...]Sisal Exports Earnings Hit KSh1.25 Billion in Q3 2021
Kenya’s earnings from sisal exports hit KSh1.25 billion in Q3 2021, with the price of a kilo hitting a high of $1.6, compared to $1.49 for the same period last [...]Relief as Tea Auction Continues to Record an Increase in Prices
The weekly Mombasa Tea Auction held on 4th, 5th, and 6th October 2021 had 8.3 million kilograms of tea offered for sale. The amount on offer was similar as that during the [...]Prices at Tea Auction Hit $2.16 Per Kg
The weekly Mombasa Tea Auction held on 27th and 28th September 2021 had 8.3 million kilograms of tea offered for sale. The amount on offer decreased from 8.8 million kilograms for the [...]
