Kenya’s horticulture sector registers decline in export earnings despite rise in volume

KENYA – Kenya’s horticulture sector exhibited exemplary performance in the first half of the year in terms of volumes, but value dropped by Kshs. 6.3 billion (US$58.3m) due to suppressed prices at the international market. Volume of fruits, vegetable and flowers between January and June 2021, stood at 191,210,134 kgs, a rise from 160,931,659 kilogrammes traded in the previous corresponding period, earning Ksh77.2 billion (US$714m) from Ksh83.5 billion (US$773m) in 2020. The volume increased by 30,278,475 Kg, according to the Horticultural Crops Directorate (HCD), mainly from fruits and vegetables. During…

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South Africa enters lucrative Chinese lemon market expanding bullish citrus sector

SOUTH AFRICA – South Africa has signed a new protocol agreement with China which opens the door for South African lemon exports to the Asian market. The deal follows a request submitted by South Africa to exempt lemons from the current regulatory requirements for false codling moth (FCM) in light of the category not being a host for the pest. According to report by IOL, the revised citrus protocol was six years in the making and is forecasted to add another R325m (US$22m) in new export revenue to the South…

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Ghanaian horticulture exporter Maphlix Trust receives financing from Impact investor AV Ventures

GHANA – Maphlix Trust Ghana Limited, a leading producer and exporter of fresh vegetables, roots, tubers, and fruits in Ghana, has clinched a US$700,000 long-term loan from ACDI/VOCA’s financing arm AV Ventures. ACDI/VOCA is U.S. Government’s implementing partner and responds to non-USG official development assistance (ODA) and host country government opportunities, to foster broad-based economic growth, raise living standards, and create vibrant communities. The financing will enable Maphlix acquire new farming equipment that will mechanize production activities, as part of efforts to modernize production for enhanced operational efficiencies. It will…

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South Africa bags US$15m Philippines’ citrus market, targets to be main exporter

SOUTH AFRICA – South Africa is set to access the lucrative Philippines citrus fruit market, following the conclusion of negotiations that stretched over 12 years, further expanding the bullish South African citrus industry. The work plan to export South African citrus to the Philippines was signed between the Department Agriculture, Land Reform and Rural Development and the Philippines Bureau of Plant and Industry at the end of 2020. Marking the historic occasion, a delegation from the Citrus Growers’ Association of South Africa (CGA) visited the Port of Durban earlier this…

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Kraft Heinz to invest US$198m in expanding manufacturing capabilities of UK facility

UK – Kraft Heinz, the fifth-largest food and beverage company in the world, has announced plans to invest £140 million (about US$197.7m) in expanding and modernizing Manufacturing capabilities its Kitt Green food facility, which is located near Wigan, in the UK. The company says that the proposed investment- which is subject to final US approvals from Kraft Heinz later this year- could create up to 50 new full-time positions If approved, the project would be Kraft Heinz’s biggest investment in more than two decades in an existing manufacturing site outside…

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The Netherlands co-finances construction of agro-logistics center in Angola with US$73m

ANGOLA – Angola has signed a Memorandum of Understanding (MoU) with the Dutch government, on co-financing the implementation of an agro-logistics center in the province of Benguela. The construction of the logistics center, which will store, pack, transform and package agricultural products, targeted for the European market, will be co-financed by The Netherlands and Angola. To this end, the Dutch government will provide a credit line of up to 60 million euros (US$73m) to be channelled towards the establishment of the facility, serving the Port of Lobito. The agreement establishes…

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Kakuzi Plc to strengthen business with earmarked US$3.7m capital injection

KENYA – Kenyan integrated agri-business firm, Kakuzi Plc, has announced that it will invest more than Ksh400 million (US$3.7m) in capital expenditures (CAPEX) this year, to expand production and upscale its smallholder operations value, in a bid to boost the global positioning of Kenyan avocados. Other than boosting production and market for its core crop avocado, the fresh food producer and exporter has indicated it will continue to invest in diversification projects for its macadamia, livestock, commercial forestry business lines and experimenting with the new blueberry venture. This was revealed…

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Kakuzi to resume avocado export to Europe after a short hiatus

KENYA – Kenyan fresh food producer and exporter, Kakuzi Plc, has won back the trust and business partnership of European based supermarkets, with its parent company Camellia revealing that they will soon resume avocado exports to the lucrative market. Supermarket chains Tesco, Sainsbury’s and Lidl suspended Kakuzi dealership in October following claims of human rights abuse to its workers, which were citied on Britain’s Sunday Times newspaper. “The serious human rights claims the group faced relating to its operations in Kenya led to a number of European supermarket chains suspending…

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Kenyan firm Sasini bounces back to profitability despite decline in half year revenue

KENYA – Sasini, a Kenyan agricultural firm that produces and exports tea, coffee, macadamia and avocado has bounced back to profitability, posting a net profit of Ksh.122million (US$1.13m) in half-year period ended March 31 2021, a recovery from a Ksh13 million (US$121,000) loss attained in the same period last year. The firm, according to reports by Citizen Kenya, attributes the improved performance to gains from non-sales income, with the group ‘s operating activities yielding in gains of Ksh.177.9 million (US$1.66m) from a loss of Ksh.7.3 million (US$68,000) previously. The growth…

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Kenya’s horticulture sector gets US$6m from EU to boost sanitary and phytosanitary standards of fresh produce

KENYA – The European Union (EU) has granted Kenya €5 million (US$6 million) to support its horticultural sector achieve sanitary and phytosanitary standards (SPS) as required by the export markets. Under a four-year plan dubbed New Export Trade (NExT), EU aims at increasing the contribution of the horticultural sector to household income. Deputy Head of Delegation, EU to Kenya, Katrin Hagemann, said this will be achieved through the generation of employment opportunities and foreign currency. She said to improve food security safety and nutrition there is need to increase the…

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