Tea, Coffee & Cocoa
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JDE Peet’s expands regional presence in Brazil with acquisition of JAV Group
BRAZIL – JDE Peet’s, the world’s leading pure-play coffee and tea company by revenue, has agreed to acquire the Brazilian coffee & tea business from…
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New coffee plant varieties in Tanzania to boost production by 20%
TANZANIA – Coffee production in Tanzania is expected to increase by more than 20% in the market year 2023/24 thanks to high-yielding varieties introduced by…
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Coffee auctions in Kenya remain suspended pending reforms in sales
KENYA – For the third week in a row, the operations of the weekly Nairobi Coffee Exchange (NCE) remain suspended, presenting confusion on trading permits…
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KTDA launches farmer platform to enhance communication, account management
KENYA – The Kenya Tea Development Agency (KTDA) has launched a new platform that enhances communication, engagement, and account management for its over 600,000 smallholder…
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Nestlé invests US$4.44m in localizing production of Nescafé Gold coffee in South Africa
SOUTH AFRICA – Swiss food company, Nestlé, has inaugurated its new R79-million (US$4.44m) plant in Babelegi, Hammanskraal, which has localized the production of the Nescafé…