Kenya
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Sasini enhances liquidity position with US$6m investment in fixed income securities
KENYA – Sasini, one of Kenya’s major tea and coffee producers, has purchased fixed-income securities valued at Sh755.6 million (US$6.09m) following improved cash generation in…
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Boon for Kenyan tea farmers as tea agency disburses US$44.5m for green leaf deliveries
KENYA – Kenya Tea Development Agency (KTDA), a Kenyan-based private holding company owned by more than 600,000 small-holder tea farmers, has disbursed Kshs 5.5 billion…
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Kenyan dairy farmers appeal for government assistance to avoid halt of World Bank-funded project
KENYA – Dairy farmers in Kenya risk losing out on a KES150 million (US$1.2m) dairy value addition project if their county government does not keep…
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Kenyan poultry sector raises egg prices due to surging cost of feeds
KENYA – Kenya’s poultry sector is grappling with rising feed costs forcing it to update the cost of eggs upwards from an average of KES360…
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Kenya plans to expand tea export market through inclusivity
KENYA–A meeting chaired by Kenyan Trade Principal Secretary Alfred Ombudo has identified the ongoing global dollar crunch experienced by most exporters, high taxation on the…