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AFRICAN & MIDDLE EAST NEWS
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Kenyan avocado exporters face logistics crisis, use trial shipments to test Red Sea routes
The current trial shipments, one bound for Turkey, another for Saudi Arabia, will provide critical data.
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KUSPAW warns of strike over delayed payments in Kenya sugar sector
Sugar workers threaten strike action as delayed payments spark unrest, with unions accusing the government of failing to honor agreements tied to factory leasing reforms.
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Kenya to inject US$27M in tea factories to boost efficiency and global competitiveness
Government funding targets 19 tea factories to enhance efficiency, support farmers’ earnings and strengthen Kenya’s position in global tea markets amid emerging export challenges.
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Potato shortage hits Moroccan markets as floods devastate northern regions
Compounding the crisis, seed imports have proven insufficient for replanting.
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ALP REIT lists on NE, raises US$34.6M in East Africa’s first USD-denominated offering
Consequently, this development underscores a wider trend of institutional capital targeting Africa’s logistics and warehousing sector.