Proparco is investing in Global Tea to develop its expansion in Africa

Global Tea was set up as a trading company in 1992 by Nadeem Ahmed, its Executive Chairman. It has since developed to include tea blending, coffee and macadamia plantations throughout East Africa. In the region, the company markets the main tea brands in East Africa, Kericho Gold and Baraka Chai. Global Tea is a supplier of choice for a variety of multinational companies whose products are sold in supermarkets and catering outlets all over the world.

The proposed investment will help Global Tea finance the construction of a new tea packaging facility in Mombasa and support the Group’s expansion plans in Africa.

This project should support 25,800 jobs over the next 5 years. It should also have significant economic benefits at national level (Kenya) by generating an annual amount of government revenue in foreign currency equivalent to EUR 2.9m, as well as at regional level (Ethiopia and potentially Burundi). On the environmental front, Global Tea’s entire coffee production in Malawi (600 tons of beans a year) is Rainforest Alliance certified. 

The project will contribute to SDGs n° 8 (Decent work and economic growth) and n° 9 (Industry, innovation and infrastructure).