Tea, Coffee & Cocoa – AFRICAN & MIDDLE EAST NEWS
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Limuru tea narrows H1 2026 loss to US$163.4K
Limuru Tea recorded its highest first-half revenue since 2010 and a record 492 tonnes of made tea, but rising labour costs continued to weigh on profitability.
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High court rejects Kiru tea factory bid to join Citibank loan investigation case
The ruling leaves Citibank’s challenge to a DCI investigation intact, while Kiru maintains that its complaint concerns alleged unauthorised borrowing and repayment from factory funds.
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GestPoint allocates 100 acres for large-scale cocoa farming in Nigeria
The Cocoa RepubliQ project has planted more than 40,000 cocoa seedlings as investors take possession of allocated plantation plots in Ogun State.
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Ghana cocoa farmers reject new COCOBOD law
Farmers’ representatives say Ghana’s new cocoa legislation fails to address structural weaknesses and could prolong the country’s dependence on raw bean exports.
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COCOBOD liabilities surge 47.5% as equity falls 57.9%
Ghana’s cocoa regulator faces mounting short-term obligations as inventories and payables rise, while plans emerge to restructure its debt and financing model.