Tea, Coffee & Cocoa

The four-year financing will help ICP secure sustainably sourced cocoa beans and strengthen local processing as Côte d’Ivoire expands value addition in the cocoa sector.

The cocoa exporter completed its Series 1 redemption on schedule after attracting N165.73 billion in subscriptions across three commercial paper issuances.

Kinyua takes charge as Kenya’s coffee earnings rise and international buyers call for increased production to meet growing demand for Kenyan coffee.

The unchanged price follows a sharp decline in global cocoa prices and comes as Ivory Coast expands processing capacity and seeks greater value from its cocoa sector.

The Philippine fast-food giant says Hong Kong’s deep capital markets and access to global and regional investors better support its international growth ambitions.