KENYA - Troubled flower firm Karuturi Limited has moved to court to fight off fresh attempts by an Indian Bank to sell off six parcels of its land in Naivasha valued at Sh8.1 billion ($90.9 million).
TANZANIA - Tomato prices in the country have soared by 375 percent in just a month, pushing the commodity beyond the reach of majority poor folks due to scarcity of the product resulting from tomato leaf miner pest outbreak.
KENYA - A group of Chinese firms have proposed to set up a Sh2.8 billion flower farm in Naivasha in a move that is set to shake up the industry currently controlled by Dutch investors.
KENYA - Despite being slapped with a higher tariff to access the country’s biggest market in Europe, horticulture registered growth in earnings for 2014, albeit marginal.
UGANDA - THE South Korean government through its agriculture research body, Korean Project on International Agriculture (KOPIA), has earmarked $90,000 towards improving citrus production in Uganda.
KENYA - Promoting the avocado sector in Kenya will generate new export revenue for the country and create employment for its young and dynamic labour force, said Mr Anders Aeroe, Director of Market Development of the International Trade Centre (ITC).
KENYA - Siginon Global, a logistics company situated at the Jomo Kenyatta International Airport (JKIA), has invested nearly Sh1 billion ($10 million) in the construction of a new warehouse to increase its capacity for handling customers’ goods.
GHANA - Ghana and other West African countries have up to October to enjoy non-reciprocal trading arrangement with the European Union (EU), which has extended its free-trade moratorium for West African countries under the Economic Partnership Agreements (EPAs).
NIGERIA - Post-harvest losses of fruits such as mango, pawpaw, orange, guava, pineapple have gone down to about 25 percent from about 50 percent three years and beyond, due mainly to increased commercial utilisation.
SOUTH AFRICA - Wine producers’ body VinPro, part of a newly formed sector transformation committee, is targeting 20% black ownership of land across the industry within a decade, from as little as 1.5% currently.
KENYA - Horticultural products exporters to the European Union have been hit by a weak euro as the world’s second largest reserve currency touched seven-month low against the Kenya shilling this month.
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- FG’s agric incentives boost tomato business in Kano
- CfC Bank puts Naivasha flower grower Karuturi up for sale
- Kenya’s global market share of horticulture on the decline
- Fresh produce exporters now demand Sh1bn
- Fruit and cut flower exports to Europe in sharp Q3 rise
- FAO, partners seek global response to deadly crop disease
- Duty free exports to Europe resume today
- Kenya's flower farmers to access EU market duty-free from next month