Tea, Coffee & Cocoa
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Ugandan coffee brewer Endiro Coffee promotes local consumption with launch of new coffee outlet
UGANDA – In a bid to promote local consumption of coffee across Uganda, one of the leading coffee houses, Endiro coffee has opened a new…
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ETG’s subsidiary secures US$30m to support West Africa cocoa, cashew value chains
WEST AFRICA – Agri Commodities & Finance FZ-LLC, the UAE subsidiary of Export Trading Group (ETG), has secured US$30.75 Million extended loan from Symbiotics, a…
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Uganda earns US$49.47m from October coffee exports as newly planted trees start to yield
UGANDA – Uganda coffee exports in October 2021 amounted to 486,534 60-kilo bags worth US$61.43 million, comprising of 426,148 bags of Robusta valued at US$49.47…
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Unilever to sell struggling tea business to CVC Capital Partners for US$5B
UK – British multinational consumer goods company, Unilever Plc has agreed to sell its global tea business to CVC Capital Partners for 4.5 billion euros…
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Coffee Prices soar to a seven-year high as supply tightens and production falls
GLOBAL – Coffee prices have hit a seven-year high due to a shortfall in the global supply of the commodity and worsening climate conditions in…