Tea, Coffee & Cocoa
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Ghana based West African Mills Company to invest US$5m in upgrading cocoa processing facilities
GHANA – Ghanaian cocoa processor, West African Mills Company (WAMCO), co-owned by Hosta International AG from Switzerland and the state, plans to invest US$5m to…
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Uganda fetches higher amount from January’s coffee export despite decline in traded volumes
UGANDA – Italy, Europe’s third largest coffee consuming country, has maintained its top position as the leading importer of Uganda’s coffee in January 2022. During…
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Cold beverages drive Keurig Dr Pepper’s growth in FY 2021 but higher costs dent outlook
USA – A thirst for Keurig Dr Pepper’s cold beverage portfolio drove overall sales at the Plano-Texas-based company in 2021. Full-year net sales rose…
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AB InBev, Molson Coors full year results eclipse pandemic levels driven by recovering beer demand
BELGIUM – Alcoholic beverage giants AB InBev and Molson Coors have reported strong full year sales for 2021 mainly driven by premiumisation and recovery demand…
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Suntory Beverage sells Australian coffee business to UCC Holdings for US$165m
AUSTRALIA – Japanese multinational beverage company Suntory Beverage & Food (SBF) is selling its Australian coffee business to UCC Coffee subsidiary, UCC ANZ Management for A$229…