Market News | KITE 2020

Market News

  • Food & Agriculture In East Africa Expected To Rise by $1 Trillion By 2030

    Posted on :Monday , 24th February 2020

    The AfDB president made a couple of quick highlights to deliberate. The food and agriculture in East Africa expected to rise by $1 trillion by 2030. Africa's population is now at 1.2 billion, which is likely to double by 2.5 billion by 2050.  


    The continent has 60% of global arable land but has unfortunately become one of the most prospective food importers targeted by j. . .

  • The Highest Monthly Production Record Of Tea Farmers In Kenya

    Posted on :Monday , 24th February 2020

    Smallholder tea farmers under the Kenya Tea Development Agency delivered 150.5 million kilos of green leaf in January 2020.


    The performance, which is the highest ever amount recorded by KTDA-managed factories in a single month, was driven by heavy rains that spilled over from 2019.


    In the Month of December 2019 amount was 21.8 %, which was higher than what . . .

  • Unilever EA Launched Its First Fully Recyclable Plastic Packaging For Sunlight Scouring Powder In Kenya

    Posted on :Tuesday , 4th February 2020

    Made using 100 percent recycled malleable materials, Unilever East Africa has launched its first fully recyclable plastic packaging Sunlight Scouring powder.


    The launch which is symbolic in closing the post-consumer recyclate loop marks a major step and pioneer example in creating a fully circular plastic economy for the Kenyan industry.


    Developed as part o. . .

  • Kenya - Plans Are Underway For The Launch Of A Loan Facility Targeting SMEs In The Country

    Posted on :Friday , 31st January 2020

    Principal Secretary of Industrialization, Francis Owino at an event with President Uhuru Kenyatta, said the new service, which will be launched by the National Treasury, is expected to allow SMEs access more capital and address the challenge they face when starting their businesses.


    The new MSE’s policy is expected to address challenges in areas that has li. . .

  • The Global Fund Agency Helps Kenya Fight HIV/Aids, Tb And Maleria

    Posted on :Wednesday , 22nd January 2020

    The Global Fund agency helps Kenya fight HIV/Aids, tuberculosis and malaria has given the country Sh42 billion to be used up to 2024.


    The organization's suggestions to Kenya on how to improve the programs are supported by experts.


    Global Fund wants Kenya to step up activities for preventing HIV, TB, and malaria, strengthen health and community systems and e. . .


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