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.
The 20-year agreement aims to develop 250,000 hectares of coffee plantations and strengthen Liberia’s position in the global coffee market.
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.
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.
New Kenya Coffee Hub initiative connects farmers directly with international buyers to improve earnings, transparency, and competitiveness in global coffee trade.