Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


IFC launches initiative to improve Kenyan tea farmers' yields

16 April 2016, 17:02

Nairobi Xinhua) -- The World Bank's arm, the International Finance Corporation (IFC), has launched a 4.2 million U.S. dollar initiative to improve yields and income for Kenyan tea farmers.

The IFC and Kenya Tea Development Agency's Management Services Limited (KTDA-MS) said on Friday the initiative focuses on training farmers on crop nutrition, soil management and business skills.

KTDA Holdings Group CEO Lerionka Tiampati said through the initiative, IFC and KTDA will conduct soil and leaf testing, and formulate the most appropriate fertilizer blends to help farmers maximize their tea yields.

"The partnership will also empower our farmers to manage their income efficiently, thereby helping them make informed decisions on how to save and invest their money," Tiampati said in a statement issued in Nairobi.

He said the farmers will receive training on financial management to effectively manage their farms and their incomes.

IFC will also work with KTDA on managing their wood fuel supply, helping the company move to renewable energy sources.

"The project will increase productivity of our smallholder farmers through improved fertilizer and tea nutritional management," Tiampati said.

Kenya is the third largest tea producer in the world, and the tea industry supports livelihoods of thousands of smallholder farmers.

KTDA operates 67 tea processing factories across the country, sourcing green leaf from 560,000 farmers, who are shareholders in their respective factories, which in turn own KTDA Holdings Limited.

Tania Lozansky, IFC Head of Advisory for Manufacturing, Agribusiness and Services, said the new initiative continues a long-standing partnership between IFC and KTDA, which began in 2012 when IFC first invested in the company's expansion.

The IFC has also made another loan of 55 million dollars this year to finance seven small hydropower plants to power KTDA's tea factories.

- Xinhua


Read more from our Users

Submitted by
Victor Tinto
Man who attacked US Embassy a 24 ...

A man who attacked the US Embassy in Nairobi was a 24 year old from Wajir County. Read more...

Submitted by
Victor Tinto
US Embassy to remain closed Frida...

The US Embassy in Nairobi will remain closed Friday following a terror attack on it Thursday. Read more...

Submitted by
Victor Tinto
Leave ODM if you are unhappy, Rai...

Leave ODM if you are not happy, Raila Odinga tells Senator. Read more...

Submitted by
Victor Tinto
Former Assistant Minister joins J...

A former Assistant Minister has quit PNU and joined the Jubilee Party. Read more...

Submitted by
Victor Tinto
DP Ruto intervenes as Kerio Valle...

DP William Ruto will visit Kerio Valley to try solve never-ending clashes between local residents. Read more...

Submitted by
Wilson Ochieng
ODM MP chased down by angry Kibra...

Kibra MP Ken Okoth had a hard time in his constituency after angry youth pelted him with stones. Read more...