News
17 May 2019

Kenya Tea Development raises fertiliser debt facility

In:
Agri/Soft Commodities
Region:
Middle East & Africa

Standard Chartered Bank Kenya is providing a KES3.5 billion ($35 million) loan to Kenya Tea Development Agency (KTDA) to finance the purchase of 95,000 metric tonnes of fertiliser to be distributed to KTDA tea farmers. The deal signed on 14 May 2019 and the debt is priced at an annual 360bp interest...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Interview
05 December 2025

Adaptability in action with BU President Akita

Yuichiro Akita, President of the Berne Union and senior general manager, international strategic policy, at Nippon Export and Investment Insurance (NEXI) discusses the...

Perspective
11 December 2025

Sizewell C: DFI/ECA collaboration for new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...