Tea, Coffee & Cocoa – LATEST NEWS
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Luckin Coffee surpasses 35,000 stores as non-coffee sales top US$2.9B
Luckin Coffee reports major growth milestone as non-coffee beverages surpass RMB 20 billion, supported by rapid global expansion and a store network exceeding 35,000 outlets worldwide.
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JR Farms signs US$60M coffee partnership with Liberia to revive sector
The 20-year agreement aims to develop 250,000 hectares of coffee plantations and strengthen Liberia’s position in the global coffee market.
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COCEFAAA to promote sustainable cocoa, coffee value chains across Africa
The upcoming Cocoa and Coffee Fiesta will spotlight Africa’s resilience and Nigeria’s efforts to boost productivity, sustainability and export growth in both sectors.
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Uganda coffee export earnings fall 10% in April as global coffee prices weaken
Uganda’s coffee export revenues declined in April due to lower global prices, although annual earnings remained strong, supported by rising shipments and sector development initiatives.
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Lipton Teas & Infusions inaugurates new production line in Egypt
The new production line strengthens Egypt’s role in Lipton’s regional supply chain and supports growing exports to international markets, including Australia.