London, July 25, 2022 – ofi, a global leader in naturally good food & beverage ingredients, is pleased to announce that the acquisition of Club Coffee L.P. (“Club Coffee”), previously announced on 26 April 2022, was successfully completed. Club Coffee is one of Canada’s largest coffee roasters and packaging solutions providers to the ‘At Home’ …
Lucky Ace International Ltd., the exclusive franchise holder of the Japanese coffee store % Arabica in Greater China, is aiming to raise $300 million to fund its expansion and has reached out to possible investors for the round, according to a Bloomberg report. Lucky Ace was valued at $800 million to $900 million in its …
% ARABICA IN CHINA SEEKS $300M INVESTMENT AT $1.2B VALUATION Read More »
Speciality coffee roaster Iron & Fire, which has seen its wholesale and trade business double in the past year, today unveils a new dedicated wholesale website to support its trade customers in ways that go above and beyond simply placing an order for coffee. Founded in 2014 by lifelong coffee lover Kevin Burrows, Shropshire-based Iron …
UK’S IRON & FIRE ROASTERS ACCELERATES GROWTH WITH TRADE WEBSITE Read More »
London, 15 July 2022 –The International Coffee Organization’s Executive Director (ICO ED), Vanúsia Nogueira, met with HE Natalia Royo de Hagerman, Ambassador of Panama, on 14 July to discuss the challenges facing the coffee sector globally, as well as with specific reference to the Panamanian sector. During the meeting, they discussed a range of issues …
ICO EXECUTIVE DIRECTOR MEETS WITH PANAMA AMBASSADOR TO THE UK Read More »
In response to Starbucks’ decision to close 16 of its cafes, a group of employees from the union organising employees at different Starbucks branches around the U.S. has filed a labour complaint. According to In These Times, Starbucks Workers United (SBWU), which has recently spearheaded efforts to unionise more than 130 U.S. outlets, has filed …
STARBUCKS WORKERS UNION BELIEVES STORE CLOSURES ARE REVENGE Read More »
Fentanyl worth more than $1 million was recently found concealed in several different food items, including coffee cans. Drug smugglers like using coffee products for smuggling operations as the strong smell of the coffee can mask the drugs from sniffer dogs. Fentanyl is a synthetic opioid that is 50-100 times stronger than morphine. Pharmaceutical fentanyl …
CBP FINDS FENTANYL WORTH OVER $1 MILLION IN COFFEE, FOOD PRODUCTS Read More »
Twenty-nine green coffees, including two scoring 90+, have been named winners in the 2022 Best of Yemen coffee competition, with an online auction scheduled for Tuesday, Aug. 9. Involving a partnership with Yemen coffee trader Qima Coffee, the Best of Yemen auction was the first coffee auction held under the Private Collection Auction banner of …
QIMA COFFEE, ACE PRESENT BEST OF YEMEN AUCTION 2022 Read More »
With the increasing demand for organic and Fair trade products, UK leader, Traidcraft, has launched a range of speciality chocolate bars that fuse mouth-watering flavours with positive environmental impact. As part of an exciting new collection for the eco-conscious chocolate love, the brand has introduced an Organic White Chocolate with Earl Grey, Organic White Chocolate …
UK FAIR TRADE PIONEER TRAIDCRAFT LAUNCHES ORGANIC CHOCOLATE BARS Read More »
London, 11 July 2022 – His Excellency Mr Richard Randriamandrato, Minister of Foreign Affairs of the Republic of Madagascar, paid a courtesy visit to the International Coffee Organization’s (ICO) Executive Director, Ms Vanusia Nogueira, at the ICO headquarters in London on 7 July. This visit marked an occasion to reinforce the existing cooperation between Madagascar …
MADAGASCAR’S FOREIGN AFFAIRS MINISTER SAYS GOVT TO SIGN THE NEW ICA 2022 Read More »
The European Cocoa Association (ECA) has announced the programme for their upcoming European Cocoa Forum, due to take place in Rome between 13 and 15 September 2022. Barry Callebaut’s bi-annual event, Chocovision, will be joining the European Cocoa Forum for the first time this year, and is set to host a discussion on traceability on …
Nonprofit organisation Progreso Foundation, through their coffee trading platform Beyco, have begun accepting impact lenders. The network is a breakthrough innovation that is meant to not only make trade finance more efficient and accessible but to ensure the delivery of quality coffee to buyers, traders and roasters around the globe. Many producer organisations struggle with …
Coffee producers in many countries are facing difficulties due to changing weather patterns. Heavy rains in Colombia are affecting yields, and frosts in Brazil have decimated certain coffee-growing regions, forcing farmers to turn to other, more profitable and resiliant crops. Coffee, in particular Arabica, is one of the “gentler” plants, that can suffer or die …
CLIMATE CHANGE PUTS TANZANIAN COFFEE PLANTATIONS AT RISK Read More »
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