Market analyses and reports on the coffee and coffee machine markets
A farmers’ group in Uganda has called on the government to pass a law to protect the country’s coffee quality (Bloomberg). If such a law is passed, it will provide for crop management methods and those who mismanage their output and produce low quality will be punished, Gerald Ssendaula, the chairman of National Union of Coffee Agribusiness & Farm Enterprises
Olam International Limited has taken over the UK East African-focused coffee company Schluter S.A for an approximate $7.5 million, reports Daily Coffee News. While announcing the takeover, Olam International Limited, which is the parent company of Olam Coffee notes that it has a new European specialty arm by acquiring Schluter. In the same announcement, they noted that Schluter has been
Bloomberg Philanthropies announced a $10 million grant to the Relationship Coffee Institute. This announcement came at its US-Africa Business Forum that took place on September 21, 2016. According to the report by Daily Coffee News, the grant will help in the improvement of the lives of women coffee farmers in the DR Congo and Rwanda. This will be done through
Cameroon’s Cocoa and Coffee Inter-Professional Council’s New Generation Program creates 234 hectares of coffee farms since it was launched in 2012, reports Business in Cameroon. The program is aimed at reviving the cocoa and coffee plantations as well as encourage youths in the production of the cash crops by lowering the age of producers. According to the report, the newly
A Minneapolis-based coffee franchise, Dunn Brothers Coffee has partnered with the American Refugee Committee (ARC) to help them raise funds for its humanitarian relief program. In a press release published by PR Newswire, in its Changemakers Collection, Dunn Brothers Coffee will offer to its customers Ugandan coffee bean. $10,000 of proceeds from its Changemakers Collection coffee beans will be contributed
The Meru, county in Kenya, has planned to start it’s own coffee brand in order to raise earnings from the cash crop, All Africa reports. The county, according to the Mr Ntoitha M’Mithiaru, produces one of the best quality of coffee in the world. Mr Ntoitha, who is the cooperative, trade and tourism executive also said developing a coffee brand will
Coffee prices saw an increase in the last two weeks after a decline was witnessed in February this year, report Deccan Herald. The recent coffee price increase raises hopes for coffee growers as they look at the market with great optimism. Coffee farmers were worried with a downward fall in prices last February. Prices in February reached a five-year low
The biggest coffee exporter in Africa is likely to increase its output by 5 percent next season since trees planted in Uganda in the past few years started producing. The nation’s regulator said that weather improvement played a major part (Bloomberg.com). Also, Bloomberg reports that coffee production through September 2017 is estimated to climb to 4.2 million 60-kilogram (132-pound) bags, from 4 million bags projected for the season ending
Farmers are afraid the recent cold weather Kenya is experiencing will curb the flowering of coffee trees, reported Bloomberg. Crop flowering determines the expected yield for harvest. To prepare for flowering, coffee plants need about a month of dry weather before the rain starts in October. Contacted on phone by Bloomberg, Wycliffe Odhiambo Murwayi, managing director of Nairobi-based Sustainability Kenya
Extreme weather conditions in the East African country of Uganda continuously threatening its coffee industry. The drought situation which is expected to bring about a 5% reduction in production this season, is not the only call for concern. With the dry climate, shrinking forest cover have given room for the spread of the black twig borer beetle that has spread