Solidaridad implements initiative to boost cocoa and palm oil production

SIERRA LEONE - The social and ecological development network Solidaridad is working on two projects with an aim of improving cocoa and palm oil production in Sierra Leone. According to the Concord, the successful implementation of phase two of the Sustainable West African Palm Oil Programme (SWAPP) and the Cocoa Rehabilitation and Intensification Programme (CORIP)…

Luigi Lavazza to acquire the coffee business of Mars Inc. to expand its sales in the U.S.

USA - Luigi Lavazza, an Italian manufacturer of coffee products, has agreed to acquire the coffee business of Mars Inc., including the Flavia and Klix systems to expand its sales in the U.S. The company, according to FoodBev, is also broadening its operations in office coffee makers and vending machines with the acquisition, which was…

Ghana shippers slash cocoa freight charges to Europe by 9.4% for 2018/19

GHANA - Ghana Shippers Authority (GSA) and shippers have said that freight charges for exporting Ghana’s cocoa to Europe have been slashed by 9.4% for the 2018/19 season. According to Reuters report, the reduction was made following the about 40% decline in cocoa prices on the world market in the 2017/18 season. “The reduction in…

Brenntag partners with Cargill for exclusive cocoa and chocolate distribution in Central Eastern Europe

EUROPE – Brenntag, a German chemical distribution company and Cargill have reached an agreement, making Brenntag the exclusive distribution partner for Cargill’s industrial cocoa and chocolate in the Central Eastern European (CEE) region. According to the company, the distribution agreement includes Cargill’s leading Gerkens® cocoa powder brand, as well as its broad chocolate range, which…

Tanzania secures coffee, tea and legumes market in China

TANZANIA - Tanzania Trade Development Authority (TTDA) has said that the country has secure d a market for coffee, cashew nuts, ginger, tea, peas, and legumes in China where there is high demand for the commodities. Daily News reports that the development was announced by TTDA Director General, Mr Edwin Rutageruka after the Asian country…

Keurig Dr Pepper to acquire CORE Nutrition LLC for US$525m

USA - Keurig Dr Pepper, an American beverage-maker conglomerate, has announced that it has entered into a definitive agreement to acquire CORE Nutrition LLC at a value of US$525 million, or approximately US$435 million net of anticipated tax benefits. Founded in 2015, the rapidly growing Core Nutrition portfolio includes CORE Hydration, a premium, nutrient-enhanced bottled…

Kraft Heinz completes acquisition of Ethical Bean Coffee assets

CANADA - Kraft Heinz, an American food company, has announced that it has completed the acquisition of the assets of Ethical Bean Coffee, a Canadian Cafe & coffee roaster. Founded in 2003, Ethical Bean Coffee is a leading roaster of 100% Fairtrade, certified organic coffee. Based in Vancouver, British Columbia, Ethical Bean is committed to…

COCOBOD and Solidaridad West Africa signs MoU to boost cocoa industry

GHANA - The Ghana Cocoa Board (COCOBOD) has signed a Memorandum of Understanding with the not-for-profit organization, Solidaridad West Africa to implement initiatives geared at boosting the cocoa industry. According to GNA, the two will offer technical support for the sector to enhance diversification, alongside cocoa intensification towards boosting the incomes of producers. A statement…

Excitement galore greets new products winners at the Awards ceremony

KENYA– There was excitement as the winners of the new products category were announced at the just concluded  Africa Food Industry Excellence Awards ceremony that took place on September 14, 2018 in Nairobi, Kenya. On an evening full of pomp and colour, Coca-Cola Beverages Africa, East African Breweries Ltd (EABL) and Bio Food Products showed their…

Nespresso announces long-term investment to revive Zimbabwe’s coffee industry

ZIMBABWE – Nespresso, a coffee operating unit of the Nestlé Group, has announced a long-term investment plan to revive Zimbabwe’s coffee industry and stimulate the rural economy. The company announced that it will provide training and technical assistance to 400 smallholder coffee farmers over the next five years, with the goal of increasing the country’s production…