Pakistan, Egypt and the UK drove growth in Kenya’s tea exports, while declining shipments to Sudan, Jordan and China reflected emerging geopolitical and market challenges.
Kenya and South Africa have agreed to remove trade barriers on tea and steel, a move expected to boost exports, strengthen bilateral trade, and support farmers under AfCFTA.
Industry stakeholders will gather in Lagos to discuss fair pricing, sustainability, market access and climate resilience across Africa’s cocoa and coffee sectors.
The world’s largest cocoa producer has raised export premiums while monitoring weather risks and supply challenges ahead of the next season.
The new eight-month financing structure will diversify investor participation and support local cocoa processing while reducing reliance on syndicated loans.