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Inter-Africa trade to boost Kenya tea
Intra-Africa trade presents a big opportunity for Kenyan smallholder tea farmers to secure an additional market and improve their income.
According to Central Bank of Kenya, Africa accounted for only 19.4 per cent of Kenya’s Sh827.2
billion total trade value in the first three months of 2023, a slight growth compared to 18.3 per cent in 2022.
With about 1.4 billion people, Africa presents a huge market opportunity for Kenyan tea. At the global market, Kenyan tea is highly sought after and is commonly used to blend teas sourced from other countries.
Source: Standard Media (Extracts), Courtesy: Tea Exporters’ Association Sri Lanka
About F&W
Forbes & Walker was set up in 1881 as a partnership between James Forbes and Chapmen Walker. Although there is no actual record of the date on which it was established the very first cash book, still in the possession of the Finance Director, indicates the brokerages were earned from 1st August 1881. In Sir Thomas Villiers' book “Mercantile Lore” the date of establishment of Forbes & Walker has been put down Read More...