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Tea, Coffee & Cocoa – Trade & Market Updates
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Ghana loses over US$1.1B to cocoa smuggling in four years – COCOBOD
Widespread cocoa smuggling to Côte d’Ivoire and Togo continues to drain Ghana’s economy despite government measures to curb the trade.
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Finlay Beverages joins Ethical Tea Partnership to strengthen global tea sustainability efforts
The move reinforces Finlay Beverages’ commitment to responsible sourcing and sustainability while expanding collaboration within the global tea industry.
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Togo’s Fair Trade Cocoa Cooperatives eligible for new EU-backed agroecology financing program
Fair trade-certified cocoa cooperatives in Togo can now apply for grants under a new initiative promoting sustainable and deforestation-free farming.
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Kenya orders audit of KTDA tea factory loans amid farmer outcry over low bonuses
The government has directed a comprehensive review of KTDA-managed factory loans following farmer complaints over reduced bonus payments.
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EU moves forward with deforestation rules for large firms despite IT delays
The European Commission confirms that its deforestation regulation will proceed for large and medium enterprises by year-end, despite technical challenges.