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


Perspective
20 April 2026

Dangote scales up amid energy market turmoil

Afreximbank has signed on fresh financing for Nigeria’s oil & gas industry at a moment of crisis for the global energy business. The conflict in the Gulf has further...

Perspective
24 April 2026

Jabiru-1: Who’s out of orbit?

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks as part...