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Tea, Coffee & Cocoa – Financials & Economy
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Sunbeth Global secures US$145M commercial paper programme to strengthen Nigeria’s cocoa export value chain
Nigeria’s leading cocoa exporter launches multi-series commercial paper issuance to fund working capital and expand export operations.
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Limuru Tea issues profit warning as earnings set to fall over 25% on weak tea prices
Higher labour costs and weak auction prices weigh on profitability.
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Ghana cuts cocoa farmgate price, introduces cocoa bonds financing model
Government launches reforms to restore cocoa competitiveness, clear farmer arrears, and stabilize Ghana’s struggling cocoa sector.
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Tanganda Tea Q1 revenue rises 5% as losses narrow on higher production volumes
Stronger tea volumes and stable macroeconomic conditions supported Tanganda Tea’s improved first-quarter performance.
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KTDA maintains green leaf tea price for Kericho, Bomet farmers
KTDA keeps Region Five green leaf tea payments unchanged, citing weak cash flows and challenging global market conditions.