Tea, Coffee & Cocoa – LATEST NEWS
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Alshaya Group acquires Starbucks Greece and Cyprus business, expands licensed operations in Europe
Alshaya Group takes over Starbucks operations in Greece and Cyprus, strengthening its global footprint and positioning the business for future growth and enhanced customer experience.
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Fermtech raises US$2.9M to scale Koji Cocoa sustainable alternative amid global cocoa supply challenges
Fermtech secures £2.5M funding to scale Koji Cocoa, a low-carbon cocoa alternative, as the industry faces rising costs, supply shortages, and sustainability pressures.
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Starbucks finalizes China joint venture with Boyu Capital to accelerate expansion, growth strategy
Starbucks completes China JV with Boyu Capital, shifting to a licensed model to drive expansion, innovation, and competitiveness in the fast-growing coffee market.
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UNIDO, World Coffee Research invest US$759.4K to strengthen Uganda coffee sector, boost farmer productivity
UNIDO and World Coffee Research launch €850,000 initiative to enhance Uganda’s coffee seed systems, supporting farmers and ensuring long-term sustainability in Africa’s leading coffee exporter.
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Kenya tea industry rebounds to US$1.68B in 2025 amid reforms, market expansion
Kenya’s tea sector rebounds strongly in 2025, with rising exports, new markets, and reforms aimed at boosting farmer incomes and strengthening global competitiveness.