Tea, Coffee & Cocoa – AFRICAN & MIDDLE EAST NEWS
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Uganda targets 3,500 Tonnes of annual coffee exports to South Korea
Besmark Coffee and GVCC have signed an exclusive supply and distribution agreement as Uganda seeks to expand coffee exports and strengthen its presence in Asian markets.
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Ivory Cocoa Products secures US$23.23M working capital facility
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.
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Sunbeth Global Concepts redeems US$18.9M commercial paper
The cocoa exporter completed its Series 1 redemption on schedule after attracting N165.73 billion in subscriptions across three commercial paper issuances.
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Henry Gichuhi Kinyua appointed Chairperson of Coffee Board of Kenya
Kinyua takes charge as Kenya’s coffee earnings rise and international buyers call for increased production to meet growing demand for Kenyan coffee.
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Ivory Coast maintains cocoa farmgate price for 2026/27 season
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.