Tea, Coffee & Cocoa – LATEST NEWS
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Kenya to inject US$27M in tea factories to boost efficiency and global competitiveness
Government funding targets 19 tea factories to enhance efficiency, support farmers’ earnings and strengthen Kenya’s position in global tea markets amid emerging export challenges.
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President William Ruto signs coffee bill 2023 into law to reform, revive Kenya’s coffee industry
New Coffee Act introduces regulatory reforms, a development levy and institutional restructuring to boost transparency, research and global competitiveness in Kenya’s coffee sector.
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Vietnam’s Hoang Anh Gia Lai Group plans 20,000-hectare coffee plantation by 2028
HAGL plans a 20,000-hectare coffee plantation and new processing investments to strengthen its position in high-value coffee products amid rising global demand.
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Ivory Coast plans market reforms to align farmer prices with global prices
Ivory Coast is considering reforms to its cocoa marketing system after falling global prices created a surplus of unsold beans and reduced export competitiveness.
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COCOBOD disburses US$364M to pay cocoa farmers as sector reforms take shape
COCOBOD releases GH¢4.2 billion to Licensed Buying Companies to settle cocoa farmer arrears as Ghana implements reforms aimed at restoring liquidity and confidence in the cocoa sector.