Tea, Coffee & Cocoa – AFRICAN & MIDDLE EAST NEWS
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Bicec loses US$28.5M damages claim in French court over cocoa, coffee loans
The Paris Court of Appeal rejected Bicec’s claim against stock-monitoring firms, while separate loan recovery proceedings against three Cameroonian borrowers remain ongoing.
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Ghana to announce 2026/27 cocoa producer price
Ghana is preparing to set a new cocoa producer price as COCOBOD works with international traders and lenders to secure financing for the 2026/27 season.
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Ghana COCOBOD seeks US$1.4B domestic funding for 2026/27 cocoa purchases
The financing plan includes cedi bonds and commercial paper as Ghana shifts cocoa-sector funding toward domestic capital markets.
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KTDA factories set to announce second payments
KTDA factories are preparing financial reviews ahead of bonus declarations as lower green-leaf deliveries and market pressures shape expectations for farmers.
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Nexture to acquire Dubai-based La Crema
The acquisition will give Nexture its first manufacturing footprint in the Middle East and add chocolate products to its global portfolio of value-added food ingredients.