Tea, Coffee & Cocoa
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Nescafé invests US$1.01Bn to make coffee farming more sustainable
SWITZERLAND – Nescafé, Nestlé’s largest coffee brand and one of the world’s favorite coffees, is investing over one billion Swiss francs (US$1.01bn) by 2030 in…
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Kenya Tea Development Agency rolls out SAP technology to improve efficiency
KENYA – The Kenya Tea Development Agency (KTDA) has rolled out an SAP technology across all its factories in a bid to improve the efficiency…
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Nestlé Ireland unveils recyclable wrappers for Quality Street and KitKat
UK/IRELAND- Nestlé Confectionery has announced that Quality Street will switch to recyclable paper packaging for its twist-wrapped candies while KitKat will launch wrappers composed of…
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National Investment Bank to allocate Ivory Coast coffee-cocoa campaign US$278m
Ivory Coast – National Investment Bank (BNI) will dedicate a line of credit of 186 billion CFA francs (US$278 million) to support exporters of coffee…
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COCOBOD to take out a US$1.3b loan for Ghana’s cocoa purchases
GHANA – Ghana’s Cocoa Board (COCOBOD) will sign a US$1.3 billion pre-export syndicated loan agreement with international banks and local establishments with the Government of…