Hidden cost sting in Kenya’s coffee boom

Traders follow the auction process at the Nairobi Coffee Exchange.

Photo credit: File I Nation Media Group

Kenya’s coffee industry is enjoying a strong comeback. At the Nairobi Coffee Exchange, prices in recent weeks have ranged between $370 and $400 per 50 kilogramme bag, nearly double $200 earned just two years ago.

For a sector that has struggled with waning returns for over a decade, this is a welcome shift. Confidence is returning, and coffee once again looks like a viable investment.

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Note: The results are not exact but very close to the actual.