Kenya Tea Development Agency
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Kenya Tea Development Agency
Kenya Tea Development Agency Holdings (KTDA) is a Kenyan company that provides comprehensive services to more than 600,000 small tea farmers such as agri-extension, transportation, processing, and marketing. Overview The tea industry in Kenya is broken down broadly into policy, production, regulatory & research and trade & promotions. The main players are the Government of Kenya through the Ministry of Agriculture, Tea Board of Kenya, Tea Research Foundation Kenya Tea Development Agency (Holdings) Limited, Kenya Tea Growers Association, Nyayo Tea Zone Development Corporation and East Africa Tea Trade Association. This growth was attributed to favourable weather conditions coupled with improved global demand. History Colonial era Tea production in Kenya started in 1903 with commercial farming starting in 1924 on colonalist-occupied farms. The 1929/30 world economic recession brought slump in the expanding tea industry as did other sectors of the economy. Due to shrinkage ...
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International Finance Corporation
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development. The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private-sector entities, and creating jobs and delivering necessary services to those who are poverty stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that it ...
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