Keurig Dr Pepper Inc. reports second quarter 2018 results for Keurig Green Mountain and Dr Pepper Snapple Group

USA – Keurig Dr Pepper Inc., a leading producer and distributor of hot and cold beverages, has reported second quarter 2018 results for Keurig Green Mountain and Dr Pepper Snapple Group for the period ending June […]

COCOBOD to introduce organic fertilizer on cocoa farms

GHANA – The Ghana Cocoa Board (COCOBOD) has unveiled plans to introduce use of organic fertilizer on cocoa farms in another strategy to increase yields and cocoa production in the country. The fertilizers will help […]

Parliament approves COCOBOD’s US$1.3bn trade finance for cocoa

GHANA – A US$1.3 billion trade finance facility between Ghana Cocoa Board (COCOBOD) and a consortium of banks and financial institutions for the purchase of cocoa for the 2018/2019 crop season has been approved by […]

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 […]

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 […]

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 […]

Nestlé inaugurates new NESCAFÉ Dolce Gusto in Vietnam to increase production

ASIA – Nestlé, a Swiss transnational food and drink company, has inaugurated a new NESCAFÉ Dolce Gusto capsule production line in Dong Nai Province, Vietnam, expanding the Vietnamese facility production to 130m capsules per year. […]

Tata Starbucks records first positive earnings with 28% increase in sales

INDIA – Tata Starbucks, a joint venture between the Tata Group and the American coffeehouse chain Starbucks has posted its first positive EBITDA after sales increased by 28%, almost doubling in the financial year 2018. According […]