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Kenya
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Kenya registers decline in tea export volumes despite rise in production due to Russia-Ukraine war
KENYA – Kenya’s tea production for the month of May 2022 rose by 4.77 million Kgs from 45.32 million Kgs recorded in the same period…
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KAM appoints Anthony Mwangi as new CEO, Tobias Alando assumes Chief Operating Officer role
KENYA – The Kenya Association of Manufacturers (KAM) Board has appointed Mr. Anthony Mwangi as the new Chief Executive Officer, effective 15th September 2022. Mwangi…
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Kakuzi’s diversification efforts bear fruits as it posts 75% rise in interim profits
KENYA – Kenyan fresh food producer and exporter Kakuzi Plc, has reported a 75% rise in half year profit to Ksh 341.3m(US$2.85m) from Ksh 194.6m…
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Kenyan agtech startup iProcure to expand across East Africa following US$10.2m Series B funding
KENYA – iProcure, B2B Kenyan agtech start-up supplying agricultural inputs, has announced the close of a US$10.2 million Series B funding round that raised debt…
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John Deere invests in ag-tech company Hello Tractor to beef-up agri-mechanization capacity in Africa
KENYA – Deere & Company, a U.S. tractor maker, has made a minority investment in Hello Tractor, an ag-tech company based in Nairobi, Kenya, as…