Tag: Kenya

Kenya’s leading alcohol producer EABL hikes prices on back of tough operating environment

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KENYA – Kenyan alcohol lovers will be forced to dig deeper into their pockets to purchase some of their favourite brands from the East African Breweries Limited’s (EABL), after the alcohol producer revised some of its prices upwards. According to report by The Nation, EABL has made a price increase of between Ksh. 10 (US$0.093) and Ksh. 500 (US$4.64) depending on the type of drink and quantities. The price revision affects beers brands such as Whitecap Light, Tusker Lite, Cider and Malt, Guinness (regular), Whitecap Lager, Balozi and Hop House…

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Vital Capital Impact Relief Facility backs Kenyan macadamia nuts producer Privamnuts

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KENYA – Kenyan producer and exporter of macadamia nuts, Privamnuts, has received an undisclosed amount of financing from Vital Capital, an Africa focused pioneering impact investor. Vital Capital issued the loan to Privamnuts, through its Vital Impact Relief Facility (VIRF), which was launched last year to help fundamentally sound African businesses navigate short-term challenges. Privamnuts, which sources its nuts from the slopes of Mount Kenya, provides a key link between the more than 10,000 smallholder farmers who represent its exclusive suppliers and the export markets, where Kenya is the third-largest…

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Food-tech startup Kune Food readies to serve Kenyans healthy, affordable meals following closure of US$1m pre-seed funding

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KENYA – Kune Food, a Kenyan based cloud kitchen concept operator is set to officially launch its on-demand delivery service and avail freshly made meals to consumers in August, following the successful completion of its pre-seed funding round. According to reports by Disrupt Africa, the food-tech company has closed a pre-seed funding round worth US$1 million to help it scale after a successful pilot, selling more than 500 meals in one month. Kune will use about 10% of the total investment to finalize on the establishment of its factory and…

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Kenyan county government Machakos adds value to local produce with launch of Best Tropical Fruits Processing Hub

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KENYA – Machakos County in Eastern Kenya, has officially commissioned the Best Tropical Fruits Processing Hub, aimed to add value to the region’s produce and provide direct market for the farmer’s produce. The new processing facility is deemed to be a game-changer as it has also created employment opportunities for the youths in the area. Targeting the lucrative international markets; Australia, Europe and other countries across the world, the manufacturing hub is undertaking processing of high-quality mangoes, avocados, banana, pawpaw, tree tomatoes, peanuts and macadamia into avocado oil, macadamia oil,…

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Kenya increases allocation of Agriculture sector for 2021/22 by 5%

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KENYA – Kenya’s National Treasury Cabinet Secretary Ukur Yatani, on June, 10th 2021 presented the 2021/2022 budget statement at a time when the global economy is emerging from recession due to the pandemic. The Ksh 3.6 trillion (US$33.3 billion) budget will see the government inject more funds to catalyse growth in the agriculture industry – one of the pillars in its Big Four Agenda. The sector, which experienced resurgent growth of slightly over 1% in the third quarter of 2020 mainly attributable to tea, fruits and sugarcane, has been allocated…

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Bidco Africa expands product offering with launch of ginger flavoured Planet soda

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KENYA – Kenya’s leading producer of consumer goods, Bidco Africa has unveiled a new variant of its Planet drink, coming in ginger flavour. The launch of the new carbonated soft drink is a show case of the company’s commitment in driving the country’s transformation agenda through a deliberate strategic direction and commitment towards enhancing Happy Healthy Living through innovations in manufacturing. Commonly known as Planet Tangawizi, the beverage joins the Plant range of products already in the market, i.e., Planet Orange, Planet Passion Pineapple and Planet Mixed Berries plus Planet…

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Kenya’s coffee export projected to rise by 3% on back of increased production, favorable prices

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KENYA – Kenya’s most valuable cash crop, coffee, is projected to register a 7% rise in production in Marketing Year (MY) 2021/22 from 700 to 750 thousand bags. The rise, according to a report by USDA, will be realised on the back of good weather, better crop husbandry practices, and an anticipated high-producing period in Kenya’s coffee production cycle. Additionally, yields are projected to increase due to improved crop husbandry practices by farmers as growers rehabilitate their farms and increase inputs in response to improved prices. MY 2021/22 is also…

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SA, Nigeria and Kenya driving e-commerce volumes, demand of essential and nutritious food products in Sub-Saharan Africa

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AFRICA – South Africa, Nigeria and Kenya have been identified as the top market contributors to e-commerce in Sub-Saharan Africa (SSA) over the last three years, with Ghana also showing growth, having replaced Kenya in the top three contributors in 2020. This is according to a recent white paper released by Visa titled ‘eCommerce developments across Sub Saharan Africa, indicating that although SSA may be one of the smallest regions of e-commerce globally, it shows steady growth potential. During the onset of the pandemic in 2020, the region saw new…

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Glovo launches first African micro fulfilment center in Kenya, expands Q-commerce arm

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KENYA – Global on-demand delivery platform Glovo, has launched its first African micro fulfilment centre in Nairobi, Kenya, expanding its ‘Q-commerce’ division -next generation e-commerce. The new Glovo Market, is an extension of its Q-Commerce that consumers use to order from retail and neighbourhood stores and have the supplies delivered at their preferred location. With the new offering, individuals and small businesses with or without a brick-and-mortar footprint can sell the products on Glovo’s platform which will be fulfilled through its warehousing and logistics services. Glovo Market will be accessible…

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Kenya Association of Manufacturers launch body to address post-consumer waste

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KENYA – The Kenya Association of Manufactures (KAM), has launched the Kenya Extended Producer Responsibility Organization (KEPRO) to promote collaboration, seek commitment by waste value chain players and support the achievement of a circular economy. The organization brings together players in the value chain to help increase awareness and promote sustainable capacity building in Kenya’s recycling and circular economy. The establishment of KEPRO is timely since it has come at a time when the government is gearing up to implement the Extended Producer Responsibility (EPR) Regulations. Its launch is also…

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