Business

Kenya inks deal with 2 foreign tea c*mpanies

Tuesday, May 7th, 2024 18:15 | By
President William Ruto with officials from the two tea companies
President William Ruto with officials from the two tea companies. PHOTO/@StateHouseKenya/X

Tea farmers will earn more from the crop following a pact between Kenya and Liptons Teas and Infusions and Brown Investments.

Under the new plan, the two firms will position Kenya’s Tea as a premium product to the global stage.

The collaboration will see these entities partner with the local communities to enhance the capacity of the sector.

It will include the setting up of a Community Endowment Trust Fund with an initial investment of Sh1 billion in community projects.

Liptons is already setting up the Lipton’s Tea Academy that will see the training of farmers on the global best practice to achieve maximum value on their crop.

The two entities will also set up a state-of-the-art tea-specific fertilisers plant.

President William Ruto said Kenyan tea will continue attracting world attention due to its top quality.

He spoke on Tuesday at State House in Nairobi.

Present in the meeting were Sri Lanka High Commissioner Veluppillai Kananathan, among other leaders.

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