
Gerald Andae
Reporter at Business Daily Africa
None at Nation Media Group
Ex journalist @BD_Africa, @NationAfrica, Cornell University @ScienceAlly, Thomson Reuters Foundation @TRF Fellow. Editor Business Day Africa @Africa_newsday
Articles
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Dec 3, 2024 |
allafrica.com | Gerald Andae
Kenyan President William Ruto faces significant challenges as he assumes the chairmanship of the East African Community (EAC), taking the reins amid rising tensions in the Horn of Africa. President Ruto was appointed chair of the eight-member regional bloc last week and pledged to mediate the escalating dispute between Ethiopia and Somalia. Speaking at the EAC Heads of State Summit in Arusha, Tanzania, he announced plans to work alongside Ugandan President Yoweri Museveni to defuse the conflict.
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Nov 29, 2024 |
allafrica.com | Gerald Andae
Global coffee prices surged to their highest levels since 1997, with Arabica futures on the New York exchange climbing three this week. In East Africa, Kenya recorded a 27 percent increase in average sales, reaching $4.2 million--the strongest performance since January--buoyed by a rally in international prices. Tightening global supplies have increased demand for Eastern African coffee, particularly from Kenya, Uganda, and Ethiopia.
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Nov 26, 2024 |
allafrica.com | Gerald Andae
Kenya's Jomo Kenyatta International Airport (JKIA) faces another setback in its expansion plans after President William Ruto cancelled a proposed upgrade by the controversial Adani Group. This marks the second time East Africa's busiest aviation hub has seen plans for a second runway shelved. A similar initiative was abandoned in 2016 when an award for the project was cancelled.
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Nov 19, 2024 |
allafrica.com | Gerald Andae
Farmers in Kenya's west of the Rift received the lowest bonus for the 2023/24 financial year as earnings were dented by unsold tea stockpiles at the Mombasa auction, industry data showed. Factories in the region posted weak earnings, with much of their tea rejected at the auction due to a government-mandated minimum price that deterred buyers.
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Nov 18, 2024 |
allafrica.com | Gerald Andae
Coffee prices surged to their highest levels in the latest auction, driven by strong demand as buyers stockpile ahead of the European Union's deforestation regulation, which threatens to tighten market supplies. In Kenya, the cost of Arabica surged to $276 for a 50-kilo bag, up from $251 in the previous sale, marking the highest value since the start of the crop year in October.
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