Our Economics’ Post

Tea growth on a global level should be internationally recognised!!

Imagine baking a cake and not eating a slice?! Coffee is a big deal in Uganda - it makes up nearly a third of the country's export earnings - 6.3million 60kg bags are grown and exported every year Coffee a big deal here - we drink 98million cups a day - that's around 11 million 60kg sacks - that’s a whole lot of natural energy whizzing around the UK We wouldn't be without it. You could say coffee makes the world go round. 🤯 And yet! For all the coffee Ugandan’s produce, they hardly ever drink it! Only 4% of all of Uganda’s coffee is drink in Uganda. Imagine! You put all that effort into planting, growing and harvesting coffee and you don't even get to try it?! We think you should be able to reap what you sow so Wycliffe always insists that fellow smallholder farmers drink their own coffee. Even if it is with a lot of sugar! #coffeeparty! In recent years, we are seeing the beginnings of coffee culture in Uganda's capital, Kampala. It's BOOMING! And we are ALL for it! #robusta #uganda #smallholderfarmers #coffee

The New Kenya Planters Co-operative Union (New KPCU) has unveiled its 2023-2027 Strategic Plan, alongside the launch of a Coffee Special Magazine Edition in collaboration with Smart Farmer Africa, aiming to enhance farmers’ knowledge of the coffee sector and increase their earnings from Ksh70 to not less than Ksh135 per kilo of cherry. The event, which also marked five years of New KPCU’s impactful journey, brought together in Nairobi hundreds of farmers from coffee unions and co-operatives across more than 30 coffee-growing counties. It provided a platform for sector stakeholders to outline the industry’s general outlook for the coming years. Click the link below for more information https://lnkd.in/d_vG5apG #smartfarmer #coffee #agriculture

The Kenya Tea Development Agency (KTDA) Holdings has reported a record tea bonus payout of Sh1.04 billion to farmers, driven by increased leaf sales. The payments will be distributed to farmers via their respective factories, which are owned by 54 corporate shareholders. #kenyateadevelopmentagency #bonus #tradearlnews

🇰🇪 🍵 The Kenyan government has committed roughly 7 million Euros to encourage value addition in the Kenyan tea sector. Rachel Wanyoike of Solidaridad East and Central Africa examines how the move positions Kenyan tea farmers for greater success. Read it here 👉 https://lnkd.in/gyZMFbB9 This strategic move will create jobs, increase earnings, and develop enterprises along the tea value chain. Currently, just 5% of Kenya’s tea is value-added, but this is expected to approach 50% by 2027.

The tea industry in Kenya is at a pivotal moment as leaders are called upon to redefine its global presence. Agriculture Principal Secretary Paul Rono emphasized the need for a shift from traditional auction-based sales to a more strategic marketing approach. Speaking at the Kenya Tea Summit organized by the Tea Board of Kenya to commemorate a century of commercial tea production in Mombasa, Rono articulated the vision of elevating Kenyan tea from being a commodity with the value of wood to a prized asset akin to gold. It's time for industry stakeholders to embrace this transformation and secure a prominent position in the international tea market. #KenyanTea #GlobalMarket #TeaIndustryLeaders #AfricInsightDevelopmentservices #internationalsalesandbusinessdevelopment.

Two weeks ago, we were in Uganda, in areas where robusta coffee cultivation predominates. Mr. Joseph, who appears in this video, is 80 years old and still continues to cultivate coffee. It's not out of passion, but out of sheer necessity. Coffee is his main source of income (and he does not drink it!), along with bananas. In this video, he explains the process of selective harvesting, through which only ripe cherries are selected to ensure higher quality. Uganda exports about 65% of the coffee produced in its territory to Europe. This includes both robusta and arabica varieties. Although it is one of the main sources of income for thousands of farmers, producers still face numerous challenges and receive only a small portion of the wealth generated along the chain. The highest-priced coffee does not necessarily guarantee that the producer is better compensated. Behind the cheaper coffee, there may be at least two situations: mechanization and large-scale production, or exploitation of producers by stronger actors. So, how can we know if the producer receives a fair value for their product? There are several ways, and some of them involve certifications, such as Fairtrade International. The next time you order your coffee at the bar or buy a package at the supermarket, try to find out where it came from and how it is produced. Your decision can have a huge impact on the chain and help people like Mr. Joseph to have a more dignified life. #uganda #coffee #desiraproject #familyfarming #certification

Nestle is expanding a program that boosts the income of poor African farmers supplying cocoa for its KitKat bars, but which still leaves pay almost $3,000 short of growers’ needs -- estimated at just over $7,500. Why can't they just pay them enough to live on? They don't want to and their investors probably don't either. Especially now, companies are looking to save costs after inflation squeezed their profitability and pushed consumer goods companies to compete on price. The world's biggest food company also wants something in return for the max 500 euros in annual bonus: such as farmers using more environmentally friendly methods and sending their children to school. https://lnkd.in/e7Vhm7AG #cocoa

The demand for poultry products in Africa is soaring, with an expected 60% increase over the next two decades. Chicken remains the most consumed meat across the continent, and by 2030, the chicken meat market in Africa is projected to reach a staggering 11 million tonnes. To meet the increasing local demand, imports are forecasted to rise by 3%, driven by the recovery of global exportable supplies. Despite this growth, affordability remains a significant barrier, particularly for poorer households who are more likely to sell their chickens than consume them. Amidst this growing demand, MeuMerkado Online is revolutionizing the way consumers access poultry and other essentials with its farm-to-table approach. By partnering with companies like Emirais we can ensure the quality and affordability of the meat we sell. Because it’s local, it’s fresh and it’s quickly consumed. At MeuMerkado it was important for me to bridge the gap between producers and consumers,and make the process as seamless as possible. Not only with food, but with a variety of other products like tech, cleaning, and many other household and even fashion products. So if you are in Angola, Join the future of shopping today and experience the convenience and freshness that MeuMerkado brings from the farm straight to your doorstep, at the click of a button! Thanks for reading, Ivan Morais #PoultryDemand #AfricanMarket #FarmToTable #OnlineShopping #MeuMerkado #FreshFood #TechAndFood #Ivanmorais #Meumerkado

The demand for poultry products in Africa is soaring, with an expected 60% increase over the next two decades. Chicken remains the most consumed meat across the continent, and by 2030, the chicken meat market in Africa is projected to reach a staggering 11 million tonnes. To meet the increasing local demand, imports are forecasted to rise by 3%, driven by the recovery of global exportable supplies. Despite this growth, affordability remains a significant barrier, particularly for poorer households who are more likely to sell their chickens than consume them. Amidst this growing demand, MeuMerkado Online is revolutionizing the way consumers access poultry and other essentials with its farm-to-table approach. By partnering with companies like Emirais we can ensure the quality and affordability of the meat we sell. Because it’s local, it’s fresh and it’s quickly consumed. At MeuMerkado it was important for me to bridge the gap between producers and consumers,and make the process as seamless as possible. Not only with food, but with a variety of other products like tech, cleaning, and many other household and even fashion products. So if you are in Angola, Join the future of shopping today and experience the convenience and freshness that MeuMerkado brings from the farm straight to your doorstep, at the click of a button! Thanks for reading, Ivan Morais hashtag #PoultryDemand hashtag #AfricanMarket hashtag #FarmToTable hashtag #OnlineShopping hashtag #MeuMerkado hashtag #FreshFood hashtag #TechAndFood hashtag #Ivanmorais hashtag #Meumerkado