NAKURU, Kenya, Feb. 3 (Xinhua) -- Keeping livestock in dry areas is one of the most effective ways to cushion households from extreme climate fluctuations, a senior official of Food and Agriculture Organization (FAO) has said.
Nairobi: February 1, 2017: Kofinaf Company Limited, one of Kenya’s largest coffee growers, will transfer management of its coffee estates, including the Milling and Marketing Operations, to Coffee Management Services (CMS), a leading agribusiness service provider.
The Kenya Tea Development Authority (KTDA) has expressed concern that tea production will dip significantly this year due to the prevailing drought.
The authority said with the prevailing harsh climatic conditions, production is expected to decrease by up to 50 per cent compared to the previous year.
KTDA Director Peter Kanyago said this will significantly reduce farmers’ earnings even as some factories within Nyeri contemplate laying off some of their staff to cut on the cost of production.
Kanyago said the only consolation would be if low production pushes the prices upwards.
He expressed optimism that this would happen given that tea prices have started stabilizing at the Mombasa auction after months of volatility.
At the same time, Kanyago encouraged more tea factories around the country to produce Orthodox tea to meet a market demand created by Russian consumers.
NAKURU, Kenya, (Xinhua) -- Nearly 45 percent of Kenya's revenue is drawn from agriculture sector which also provides more than 75 percent of industrial raw materials, but declining soil fertility is undermining crop yields.
Nairobi, Kenya – February 13th, 2016… Safaricom Spark Venture Fund has today announced its investment in FarmDrive, a data analytics startup that connects small-scale farmers to financial services.
Green Revolution could be brought through Islamic Agricultural Finance: Zubair Mughal
22 Dec, 16: Lahore (Press Release): 53% of the population of OIC (Organization for the Islamic Conference) countries lives in the rural area which is globally more than the other areas and its commitment to the total agricultural department is 34%.
15/12…DOB Equity, a leading Dutch family office, is investing in Countryside Dairy Ltd, the Nyahururu-based dairy-processing firm, to allow the firm to scale up its production capacity and expand its reach across the lower income market.
The bank intensifies investments to enhance growth in the agriculture sector targeting two million farmers, 100,000 youth and women
KCB Group has committed Ksh 35 billion (US$ 350 million) towards lending and capacity building in the agricultural sector over the next five years.