Tuesday, March 25, 2008

Kenya's horticulture earnings overtake tourism

Reuters.com: "NAIROBI, March 25 (Reuters) - Earnings from Kenya's horticulture sector, which is the largest exporter of cut flowers to Europe, soared 63 percent in 2007 to overtake tourism as the country's leading foreign exchange earner.
The central bank reported on Tuesday that the Kenyan horticulture industry, which also produces fruit and vegetables, earned 70.3 billion shillings ($1.12 billion) from exports in 2007. This beat tourism, which earned an estimated 65.4 billion shillings last year, according to the Kenya Tourist Board."