Coffee earnings nearly double to Sh10.2bn in January

A farmer tends to his coffee bushes in Nyeri town on November 9, 2021. PHOTO | JOSEPH KANYI | NMG

Monthly coffee earnings nearly doubled to $90.4 million (Sh10.2 billion) in January as Kenya benefited from high global prices in the market occasioned by a shortage of the produce.

Nairobi Coffee Exchange (NCE) said the earnings jumped 90 percent from $47.5 million (Sh5.3 billion) in the corresponding month a year earlier, helped by a shortage of the produce in the market caused by frost in Brazil that affected production at the world’s leading producer.

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