Coffee stakeholders’ partner to launch US$950m Africa Coffee Facility

AFRICA – The Inter African Coffee Organisation (IACO) in partnership with the Centre for Agriculture & Biosciences International (CABI) and the International Coffee Organization (ICO) have launched the Africa Coffee Facility’ (ACF) worth US$950 million […]

Kenyan coffee earnings drop by US$28.9m in 11 months to August

KENYA – Kenya coffee earnings in the 11 months to August 2019 declined to sh11bn (US$106M) representing a Sh3bn (US$28.9M) decline from from Sh14 billion (US$134.9M) that was realized in the same period last year, […]

Kenya’s monthly coffee earnings sink 24% to US$76.98m as global glut persists

KENYA – Kenya’s Coffee earnings have continued to record a decline as the country’s March 2019 sales plunged 24% to US$76.98 million (Sh7.8 bn) against US$102.65 million (Sh10.4bn) realised in the same period last year, […]

Tanzania coffee exports generate US$77.74m as production increases

TANZANIA – Tanzania coffee export generated US$77.74 million (Tzs 180bn) in revenues from the export of 65,000 tonnes of coffee in the 2018/19 crop season supported by increased production of the commodity. Speaking during a […]

State unveils US$29.73m fund to revamp coffee sector, mulls new regulations

KENYA – The Kenyan government said it will avail US$29.73 million (Ksh 3 billion) cherry advance revolving fund to coffee farmers as part of the government intervention to rejuvenate the coffee sector. Speaking during the […]

Global coffee prices to shrink as production increases

WORLD – International Coffee Organisation (ICO) reports that coffee prices are expected to further move southwards as the world production is expected to increase. According to the report by ICO, international market is expected to […]