Arla Foods signs strategic partnership with Starbucks

UK – Arla Foods, a global dairy company and co-operative, has signed a strategic partnership with Starbucks, a successful business partnership that allows Arla Foods to manufacture, distribute and market Starbucks premium milk-based ready-to-drink (RTD) coffee beverages for the EMEA region (Europe, Middle East and Africa.) According to the company, the two companies have signed…

Tanzania’s coffee production to increase 15% on ‘favorable weather’

TANZANIA - Tanzania’s coffee production will increase 15% from 1.15 million bags to 1.30 million bags in the year 2018/19 as a result of biennial bearing cycle and favorable weather conditions as reported by Tanzania Meteorological Authority (TMA). The USDA’s GAIN report indicates that ending stocks for financial year (FY) 2018/19 are forecast up by…

Ghana to establish a Cashew Development Board by June to regulate the sector

GHANA - Ghana is planning to establish the Cashew Development Board by the end of June this year with a mandate to regulate the cashew industry, reports GNA. Making the announcement, Ghana’s president Nana Addo Dankwa Akufo-Addo said his government recognised the contributions of farmers in the region towards the achievement of national food security.…

Keurig Green Mountain invests in South Carolina with new Spartanburg County operations

USA - Keurig Green Mountain, Inc., a leader in specialty coffee and innovative single-serve brewing systems, has announced plans to construct a new, state-of-the-art roasting and packaging facility in Spartanburg County, South Carolina. According to the company, the investment is projected to bring US$350 million of capital investment and create 500 new jobs. Located in…

Brazil coffee volumes fall as Africa’s production rise 3.2% to fill gap

UK - The world’s leading coffee producer Brazil’s total exports declined 10.5% to 2.52 million tonnes in March and this is offset by increasing coffee production in Africa and other countries, according to the International Coffee Organisation. Brazil is also said to be declining in coffee output in crop year 2017/18 estimated at 51 million…

Olam profit grows despite 10.5% drop in revenue for confectionery and beverage

SINGAPORE - The global agribusiness company Olam International, has reported profit growth in the 2018 first quarter results despite 10.5% drop in revenue for its confectionery and beverage segments on both lower volumes and prices. Olam reported US$274.18 million in EBITDA lower than that of Q1 2017 which stood at US$296.9 million. During the quarter…

Ghana develops new global standard for sustainable cocoa

GHANA - Ghana has developed a new global standard that will be used to measure cocoa quality level internationally, raising its cocoa pricing image on the international market, as reported by  GNA. The new standard which ensures sustainable cocoa production has been adopted by International Standards Organisation (ISO), an international standard-setting body to be used…

Starbucks and other roasters to serve coffee with acrylamide cancer warnings

USA - A California judge has ruled that coffee sellers and vendors in the state have to serve coffee with acrylamide cancer warnings; these include bigger coffee makers such as Starbucks. According to the judge Elihu Berle’s ruling, Starbucks and other coffee makers did not show that the risk from consuming acrylamide, a possible cancer-causing…

Java House considers entry into Nigeria to double investment in domestic market

KENYA - Java House, Kenya’s chain of coffee houses will double outlet numbers in the domestic market in the next two years before rolling out expansion into and out of East Africa, with plans to enter Nigeria. In an interview with Reuters, the Chief Executive Paul Smith said the plans include a debut of 25…

Nestlé pays Starbucks US$7.1b for rights to sell coffee and products globally

SWITZERLAND - Nestlé has announced an agreement granting the company perpetual rights to market Starbucks consumer and foodservice products globally, outside of the company’s coffee shops. Starbucks will receive an up-front cash payment of US$7.15 billion for a business which generated annual sales of US$2 billion, as part of the transaction agreement. According to the…