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U.S. dollar shortage in key markets hurting Kenya’s tea export

april 05, 2023by Reacties uitgeschakeld voor U.S. dollar shortage in key markets hurting Kenya’s tea export

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KWALE, Kenya, April 5 (Xinhua) — Kenyan tea traders are facing challenges in getting payment for their produce in key markets such as Egypt due to a shortage of U.S. dollars in the North African nation, a government official said on Wednesday.

Cabinet Secretary for Investments, Trade and Industry Moses Kuria said the shortage has made it harder for buyers in Egypt to pay for the produce affecting demand.

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