Kenya and Israel In Discussions to Revive Galana-Kulalu Food Project
The Israeli and the Kenyan government are in talks to revitalize the Galana Kulalu project, looking to complete the remaining 15% of the project. Israel says that the two governments [...]
USAID Vital Capital Partner to Finance Agribusiness in Kenya
(USAID) US Agency for International Development's Kenya Investment Mechanism (KIM) and Vital Capital have partnered to provide funding to Kenyan agri-businesses that have been affected by the global COVID-19 pandemic. [...]Government to Invest KSh15 Billion to Revive Fish Farming in Counties
The government plans to spend KSh15 billion in an initiative that will boost fish farming in 15 counties. This is an effort to double fish consumption per capita in the [...]Kapchorua Tea Kenya Reports KSh19.4 Million Net Profit
Listed tea processor, Kapchorua Tea Kenya Plc, has reported a profit of KSh19.4 million according to its audited accounts for the financial year ended 31st March 2020. This is compared [...]
KTDA Annual Production Grows by 28.5%
KTDA annual production has hit a record high amid reduced global prices. Production of Tea (Green leaf) by factories associated with Kenya Tea Development Agency (KTDA) Holdings’ grew by 28.5% [...]Jan- May Horticulture Earnings Significantly Improve
Horticulture exports earnings hit KSh72 billion between January and May 2020, up from KSh65 billion for the same period last year, translating to an 11% increase. Benjamin Tito, head of [...]Tea Auction Records a Slight Increase in Prices
Theweekly MombasaTea Auction held on the 29th and 30th June 2020 recorded 12.5 million kilograms offered for sale. The amount on offer recorded an increase from 10.9 million kilograms offered [...]Togo Receives $3M Loan to Boost Agriculture
The African Development Bank has approved a $3 million loan to Togo to boost its agricultural sector. The funds, approved on June 18th, will enable an earlier loan issued by [...]Relief for Mumias Sugar as KSh 11 Billion Tax Bill Waived
The Government has waived KSh 11 billion in tax arrears owed by the debt-ridden Mumias Sugar Company. The information was disclosed by the Kakamega Governor Wycliffe Oparanya, while co-chairing the [...]KTDA suspends fertilizer importation for 2020
The Kenya Tea Development Agency says it has suspended the importation of fertilizer for smallholder tea farmers for the year 2020 citing disruptions in the importation chain that has been [...]Flower Farms Resume Operations as Exports Rise to 60%
Flower Farms in Naivasha have resumed operations as EU markets ease the lockdown. As a result, 90 percent of the staff in Naivasha flower farms are now back to work. [...]Tea Auction Continues to Record Price Decline
The weekly Mombasa Tea Auction held on the 26th and 27th May 2020 recorded 12.6 million kilograms of tea offered for sale. The amount of tea on offer increased from [...]
