Market News | FoodAgro Kenya 2018

Market News

  • Agricultural Sector in Kenya to Receive a Boost

    Posted on :Friday , 13th October 2017

     Kenyan President Uhuru Kenyatta has revealed his plan for improving food security and also measures to assist farmers with issues regarding climate change and drought.

     
    The president has also revealed that the government will spend as much as Sh 6 billion on purchasing maize from farmers under the conditions of the food security reserve in 2017/18 season. This . . .

  • Keitt Exporters Diversify Into Oil Market

    Posted on :Thursday , 5th October 2017

     Keitt Exporters is looking at potential opportunities in added value avocado products, in an attempt to reduce risk and the recent trade restrictions in China and Taiwan. 

     
    Grace Thuita, Sales and marketing manager said that the companies are also exploring machinery and processes with regard to the making of avocado oil, in order to make the most of the p. . .

  • Kenya: EADP, German Lender Agree $13 Million Credit Deal to Boost Agriculture Sector

    Posted on :Friday , 28th April 2017

    Hurdles of Kenyan farmers, organisations as well as small and medium sized enterprises in the agriculture value chain in accessing credit are set to ease with the signing of a €13 million ($13.8 million) financing agreement between German lender KfW and the East African Development Bank .

     
    The lender will provide medium to long term loans.
     
  • Kenya: American Roasters to Increase Coffee Imports by 25 Percent

    Posted on :Wednesday , 26th April 2017

    American roasters are expected to raise coffee purchases from Kenya by a quarter to Sh3.5 billion annually after the country showcased its produce in the ongoing symposium in Seattle, US.

     
    Coffee Directorate made a pitch for Kenya's specialty coffee during the exhibition to have the US, which pays a premium price for the commodity, increase its uptake 25 per cent.
  • Dangote could be world's largest rice exporter by 2021

    Posted on :Saturday , 22nd April 2017

    Africa’s richest man, Aliko Dangote, could be the world’s biggest rice exporter in the next five years. This is according to the head of the African Development Bank (AfDB), Akinwumi Adesina.

    Akinwumi was Nigeria’s Agriculture minister when Dangote was the largest importer of rice into Africa’s most populous nation.

    He recounted how the bill. . .

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