Kenyan tea earnings impacted by the COVID-19 dropping by US$46.3m in the interim period
KENYA – Kenya’s earnings from tea in the first half of the year dropped to…
Tea, Coffee & Cocoa
Uganda coffee exports fetch US$496m in financial year 2019/2020
UGANDA – Uganda earned US$496 million from coffee exports in the Financial Year 2019/20, a…
Unilever tea brand Tazo launches new blends as it releases its Q2 financials
UK – Unilever, a consumer-packaged foods firm, has announced that its tea brand Tazo is set…
Kenyan county receives coffee milling machine from South Korean investor to boost production
KENYA – Baringo County, located west of Kenya has received a coffee milling machine worth…
Rwandan coffee farmers adopt internationally accepted packaging
RWANDA – Rwanda Coffee farmers’ federation has secured Rwf60 million (US$556,000) funding for adoption of…
Nestlé invests US$2.6m to conserve and rehabilitate Cavally forest reserve in Côte d’Ivoire
CÔTE D’IVOIRE – The Nestlé group has signed a memorandum of understanding with the Ministry…
Nestlé partners with Starbucks to launch non-dairy coffee creamers
USA – Nestlé, a food and beverage company, and Starbucks, multinational chain of coffeehouses and roastery reserves, have…
Nespresso invests US$169m in its Switzerland production center to meet consumer demand
SWITZERLAND – Nespresso, the coffee operating unit of the Nestlé Group, is investing CHF 160 million (US$169.9…
Capital Markets Authority in Kenya extends the use of old systems in coffee trading
KENYA – The Capital Markets Authority (CMA) in Kenya, appointed by the treasury to regulate…
African Export-Import Bank secures US$200m from ITFC to finance agricultural exports
AFRICA – The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group,…
Cameroon’s coffee exports grow 39.1% by volume as robusta dominates market
CAMEROON – Cameroon exported 35,215 tons of coffee during the 2018-2019 seasons, a 39.1% increase…
Nestlé UK ends partnership with Fairtrade, moves to Rainforest Alliance certification
UK – Nestlé UK and Ireland has announced that from October 2020, it will move…
Ugandan coffee exports climb 26.5%, fetch US$42.48m in May
UGANDA – Uganda Coffee exports in May 2020 amounted to 437,597 bags of 60kg worth…
Ghana COCOBOD launches US$600m syndicated loan facility to boost sector operations
GHANA – The Ghana Cocoa Board (COCOBOD) has officially launched the US$600 million syndicated loan facility…
Cargill to open its first chocolate manufacturing operation in Asia
INDIA – American food and confectionery firm, Cargill is partnering with a local manufacturer in…
Cargill adds new gourmet chocolate production line at Belgian site
BELGIUM – Cargill has invested €3.5 million (US$3.92m) in its site in Kalmthout, Belgium to…
Tanzania Agriculture Development Bank boosts coffee production with US$3.3m
TANZANIA – Tanzania Agriculture Development Bank (TADB), state-owned development finance institution has released Sh7. 7billion…
Nigerian state government pens US$15m deal with Israeli cocoa processing company
NIGERIA – The southern state government of Nigeria, Cross River State has entered into a US$15m…
Starbucks to leverage technology in renewed transformation plan
USA – Starbucks has announced plans to accelerate the transformation of its store portfolio in the United States through the integration of the physical and…
Barry Callebaut opens additional chocolate production line in Singapore
SINGAPORE – Barry Callebaut has opened its fourth and latest chocolate production line at its…
Kenya registers 24% decline in coffee earnings due to market disruptions
KENYA – The Kenyan coffee registered a 32% decline in volumes in eight months to…
Coffee Day in talks with private equity funds for investment opportunities
INDIA – Indian cafe chain operator and subsidiary of the listed Coffee Day Enterprises, Coffee…
Barry Callebaut to acquire Australian chocolate manufacturer GKC Foods
SWITZERLAND – Barry Callebaut has signed an agreement to acquire GKC Foods, an a privately-owned…
Kenyan tea exports dip by 6% in the first quarter affected by the Covid-19 pandemic
KENYA – Kenyan Tea exports in the first quarter of the year 2020 fell by…