Rwanda

According to the weekly report from the tea division of the National Agriculture Export Development Board (NAEB), Rwanda’s tea sales generated some Rwf2.1 billion (US$3.5 million), which corresponds to a 12.7% increase from Rwf1.8 billion (US$3.1 million) on the previous week of trading. The sales jump comes despite a 10.3% drop in sales volume from 110,952 kg last week to 99,510 kg this week.
The NAEB figures indicate that out of the 99,510 kg on offer, some 91,133.5 kg were sold.
Tea sales at the Rwandan auctions have experienced a remarkable growth surge as of late. On the previous week dubbed number 40, auctions sales skyrocketed by a remarkable 49.5% to Rwf1.8 billion (US$3.1 million) compared to Rwf1.2 billion (US$2.1 million) on week number 39.
The sales figures have been reported by state-controlled Mulindi and Shagasha tea factories.
In recent weeks, tea trading mainly attracted buyers from the UK, Pakistan, Somalia, Sudan and Egypt. The tea being put up for sale at the auction comes from various regions in and outside Africa.