WORLD - Global tea production and consumption will continue to increase over the next decade driven by rising demand in developing and emerging countries especially India and China which have seen accelerated growth, according to a May report by FAO. The report suggests the upward trend is attributable to a combination of higher incomes and…
UGANDA - Ugandan government under its investment arm, Uganda Development Corporation (UDC) has established two tea factories valued at a cost of US$2.37 million. The Monitor reported the move is part of government's plan to promote value addition in an attempt to align the agro sector to the National Export Development Strategy and National Development…
USA - Starbucks Corp has raised prices for brewed coffee by an average of 1 to 2% in the past year and according to the company, it was in line with industry practices, reported ET Retail. Some of the products affected included a regular drip coffee whose price rose by 10 cents to 20 cents…
GHANA - Barry Callebaut, one of the world’s largest cocoa producers and grinders has signed a letter of intent with Ghana and Ivory Coast to clear and replant trees infected with swollen-shoot virus disease in an initiative to ensure sustainable cocoa farming. The initiative, in collaboration with Ghana Cocoa Board (COCOBOD) and the Coffee Caco…
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…
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.…
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…
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…
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…
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…
