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Tea, Coffee & Cocoa – AFRICAN & MIDDLE EAST NEWS
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Kenyan tea exporters turn to costly air freight as Mombasa port delays threaten UK supply contracts
Port congestion forces Kenyan tea exporters to absorb soaring airfreight costs to protect the crucial UK market.
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Tanganda Tea proposes US$8M renounceable rights offer to fix working capital gap
Rights issue aims to fund operations, capital upgrades and stabilise Tanganda Tea’s balance sheet.
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Tanzania Agricultural Development Bank disburses over US$131M to boost coffee farming and livestock in Kagera
TADB funding is driving higher coffee output, rising prices and commercial livestock farming across Tanzania’s Kagera region.
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Kenyan court clears KCB to auction Korara Highlands Tea Factory assets over debt
High Court rules KCB can sell charged properties after Korara failed to block enforcement over its billion-shilling loan default.
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Kenya tea factories raise green leaf payments after grower protests
Tea growers in Embu and Nyeri welcome higher green leaf payments as KTDA-managed factories implement a long-awaited review.