Tea, Coffee & Cocoa
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Chocolate prices could rise further amidst concerns of cocoa crop shortage
GHANA/IVORY COAST – The world could see further increases in chocolate prices as concerns mount over a potential cocoa crop shortage in Ghana and Ivory…
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Nescafe owner Nestlé offers weather insurance to Indonesian coffee farmers,
INDONESIA- Nestlé, the maker of the popular instant coffee brand Nescafe, has partnered with Blue Marble Microinsurance to provide weather insurance to more than 800…
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Boom for tea farmers as tea agency announces US$298M bonus payout
KENYA-The Kenya Tea Development Agency Holdings Limited (KTDA) has announced that it will be paying a KES 44.15 billion (US$297.91 million) bonus to its 600,…
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Unilever to provide compensation to tea pickers for 2007 plantation attacks
KENYA – Unilever has agreed to make voluntary payments to 77 former tea pickers who worked on one of its Kenyan plantations, Unilever Tea Kenya,…
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Kenya to upgrade 72 coffee factories in push to enhance productivity in the sector
KENYA- The Government of Kenya has revealed plans to upgrade 72 coffee factories through the Coffee Revitalization Programme (CRP) aimed at addressing challenges crippling the…