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Tea, Coffee & Cocoa
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Uganda’s coffee export value jumps by 55% in May 2022 despite decline in quantity
UGANDA – Uganda coffee exports in May 2022 amounted to 455,166 60-kilo bags worth US$ 73.01 million, reflecting a decrease of 7.75% in quantity but…
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Unilever still in discussion for sale of Kenyan stake under Limuru Tea
KENYA – Netherlands-based Puccini Bidco has offered to acquire 100 per cent of Limuru Tea after an earlier bid for a 52 per cent stake…
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Cult Food Science invests in cell-based coffee alternative company to increase global food security
US – Cult Food Science, an innovative investment platform with an exclusive focus on cellular agriculture, has made a strategic investment into Compound Foods, a…
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Unilever completes sale of tea business to the CVC Capital Partners
NETHERLANDS – Unilever, a British multinational consumer goods company, has completed the sale of its tea business, Ekaterra, to the CVC Capital Partners Fund VIII…
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Kenya’s tea export earnings dip by 26% in March on loss of key markets
KENYA – Kenya’s tea exports in the month of March this year have declined 26% when compared to same period last year as volume of…