Starbucks to form a strategic retail partnership with Alibaba

CHINA - Starbucks Coffee Company, a multinational coffee company, and Alibaba Group Holding Ltd., a Chinese multinational e-commerce company, have announced a strategic “New Retail” partnership to expand market service. According to Starbucks, the partnership will enable a seamless Starbucks Experience and transform the coffee industry in China. Starbucks announced plans to pilot delivery services…

Coffee company Bulletproof raises over US$40m in completed Series C funding

USA - Bulletproof 360, Inc., the manufacturer of coffee, tea products, and dietary supplements for upgrading mind and body,  has announced that it completed a Series C funding after raising more than US$40 million in equity and debt financing. Other participants in the round included Trinity Ventures, an early Starbucks and Jamba Juice investor, and…

Kenya loses UK horticulture market share on ‘incompetent’ standards

KENYA - A study by the Overseas Development Institute (ODI) has revealed that Kenya lost on all of its top three exports to the United Kingdom that is tea, cut roses and beans. According to the report, exports to the UK from the rest of the world have risen by 15% in eight years to…

Starbucks to open first Signing Store in USA that is deaf-friendly

USA – Starbucks, an American coffee company and coffeehouse chain, will open its first Signing Store in the U.S. in Washington, D.C. this October, building upon ongoing efforts to connect with the diverse communities it serves. According to the company, the store will create a distinctive retail experience for all customers, while offering a unique…

Colombia pledges to eliminate deforestation from cocoa supply chain by 2020

COLOMBIA - The government of Colombia, along with cocoa companies Casa Luker and Compañía Nacional de Chocolates, has pledged to eliminate deforestation from the country’s cocoa supply chain by 2020. According to FoodBev, Colombia has joined the Cocoa and Forests Initiative, a global effort to ensure deforestation-free cocoa. The governments of Ghana and Côte d’Ivoire were…

Nestle to reward US$1.08m to cocoa farmers under the Nestlé Cocoa Plan (NCP)

GHANA - Nestle Ghana Ltd will reward US$1.08 million to over 17,615 farmers under the Nestlé Cocoa Plan (NCP) as the company looks to doing business profitably while ensuring sustainable development in the community they operate. The increased premium payment is geared at motivating farmers for quality cocoa production, meet production standards, increase local sourcing…

Cadbury Nigeria to focus on growing market share for profitability

NIGERIA - Cadbury Nigeria Plc has said that it will focus on growing market share, expand and improve its distribution network as a way of achieving sustainable growth as delivering better returns to shareholders, reported the Vanguard Nigeria. As the company strives to retain its market share, the company’s chairman Mr Atedo Peterside noted that…

UK-based fitness brand TrueStart launches new range of cold brew coffees

UK - TrueStart, a UK-based fitness brand, has launched a new range of Cold Brew, Nitro, and Home Brew coffees to appeal to a growing millennial consumer base. According to FoodBev, the new range of coffees will overhaul the brand from a performance sports drink to an inspirational lifestyle brand, as it aims to appeal…

UberEats inks product distribution deal with Café Coffee Day (CCD)

INDIA - The American online food ordering and delivery platform, UberEats through UberPortier B.V has entered into an agreement with Café Coffee Day (CCD) for food products distribution in India. According to Coffee Day Enterprises, CCD’s parent company, the partnership will help in expansion across the retail sector, reported ET Retail. "Coffee Day Global Ltd…

Rwanda coffee exports to surge on increased production

RWANDA - Rwanda is expecting to reach 24,500 tonnes in coffee exports this year following manifold efforts to increase both quantity and quality of coffee in the country. According to the National Agricultural Export Development Board (NAEB), coffee exports are expected to increase from 23,000 tonnes exported in the year 2017. Since 2016 when Rwanda…