Tea, Coffee & Cocoa
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Uganda coffee sector closes 2021 with bullish performance reporting triple digit rise in earnings
UGANDA – Uganda’s coffee sector closed the year 2021 on a high as its December export earnings were double compared to the previous year’s corresponding…
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Limuru Tea expects full year earnings to dip by 25% on back of low supply
KENYA – Limuru Tea, Kenyan tea plantation firm, has projected a 25 percent decline in its net profits for the year ended 31 December 2021,…
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Tata Consumer taps Gharry Eccles to head International business unit
UK – Tata Consumer Products Ltd (TCPL), has appointed Gharry Eccles as the president of international business, effective 17th January 2022. Eccles succeeds Adil Ahmad who will retire from the…
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Uganda coffee exports in November rise by 21.9% fetching US$71.09m on improved prices
UGANDA – The Uganda coffee sector registered continued growth in the traded volumes of the commodity in 2021, fetching higher amounts from the green gold…
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Ghana based Cocoa Processing Company to clinch US$86.7m financing for expansion
GHANA – Cocoa Processing Company, Ghanaian state-owned manufacturer of chocolates, confectionery and semi-finished cocoa products, is eyeing a US$86.7m loan financing from the Arab Bank…