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Ivorian cocoa regions thrive in good weather, await Harmattan ABIDJAN: Ivory Coast's cocoa-growing regions benefited from sunshine and patchy rains last week, farmers said on Monday as they awaited the start of the dry season and the arrival of the dry, potentially harmful Harmattan desert winds.The 2014/15 October-to-March main crop in the world's top cocoa grower opened early in October.Exporters on Monday estimated that around 61,000 tonnes of beans were delivered to Ivorian ports between Nov. 10 and 16, bringing cumulative arrivals to around 342,000 tonnes, down slightly from last season.The Ivorian dry season typically runs from mid-November to March. Farmers are expecting an abundant harvest of quality beans through January thanks to good soil moisture levels.They voiced concerns, however, that a strong Harmattan - a dry, dusty wind that generally blows in from the Sahara from December to March - could trim output.In the southern region of Divo, farmers reported two good showers mixed with strong sunshine."Right now, ...

Battered by falling prices, Kenya's tea farmers threaten to uproot NANDI HILLS: Emerald-coloured tea bushes blanketing the rolling hills of Nandi County have long provided a livelihood for small-scale farmers, helping make Kenya one of the world's biggest tea exporters.But ideal weather and bigger harvests, instead of producing bumper earnings, have led to a glut of Kenya's speciality black tea. Samuel Busienei, a 72-year-old tea farmer, says he earns 40 percent less for each kilogramme of tea sold than he did three years ago and ...
Top price of Kenya's best grade tea steady at latest auction NAIROBI: The maximum price of the top grade Kenyan tea held steady at$3.40 at this week's auction, Africa Tea Brokers (ATB) said on Thursday. Kenya is the world's leading exporter of black tea and the crop is a major source of foreign exchange. The east African country holds its weekly sale at the port of Mombasa. Best Broken Pekoe Ones (BP1s) fetched $2.10-$3.40 compared with $2.00-$3.40 per kg at last week's sale, ATB said in ...
Price of top grade Kenyan coffee falls at latest sale NAIROBI: The maximum price of Kenya's top grade AA coffee fell to $329 per 50 kg bag at this week's auction on Tuesday from $371 at last week's sale, the Nairobi Coffee Exchange said.The east African nation is a fairly small producer by global standards, but its quality beans are used by roasters to blend with beans from other regions.Grade AA coffee sold at $195-$329 per bag, compared with $180-$376 at last week's auction, the ...
Saudi August oil exports fall to lowest in three years DUBAI: Saudi crude exports fell in August for the fourth month in a row to their lowest levels in three years, while volumes used by local refineries rose to a record high, official data showed on Monday.The world's top oil exporter and OPEC heavyweight exported 6.663 million barrels per day in August, down from 6.989 million bpd in July and 6.946 million bpd in June, according to data published by the Joint Organisations Data Initiative ...
Egypt government approves plan to allow export of rice CAIRO: Egypt's government has approved plans to allow the export of rice, the supplies minister said on Thursday, bringing a major medium-grain rice exporter back into the international market for the first time since 2013.Traders would be allowed to export rice provided they sell the government one tonne of medium-grain rice at 2,000 Egyptian pounds($279.72) for every tonne of rice they export.Exporters would also have to pay a tariff of $280 per tonne exported, the ...
Uganda coffee exports fall 7pc yr/yr in September KAMPALA: Uganda coffee exports for September fell by 7 percent to 207, 927 60-kg bags of coffee compared with the same month a year ago, an industry source said on Thursday, extending a pattern of lower exports this year. Industry experts in Uganda, Africa's number one exporter of coffee which mostly cultivates the robusta variety, said the coffee yield is usually poorer in some parts of the country at this time of the year. "We're ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln