STORIES
ILLYCAFFE OPEN TO NEW INVESTORS BUT FAMILY WILL KEEP CONTROL
Italian coffee company Illycaffe may bring new investors on board in the medium term but the founding family wants to keep control of the business. CEO Massimiliano Pogliani told Reuters that the company has rebuffed overtures from larger…
COFFEE SHOPS IN EUROPE HAVE STARTED ACCEPTING CRYPTO PAYMENTS
A crypto startup named Cyclebit seems to have come to the solution making cryptocurrencies a popular payment method in everyday life. Thanks to a new approach to fast micropayments, visitors to 130 coffee shops in Europe will…
ANALYSTS DISAGREE OVER BRAZIL OUTLOOK FOR 2022
Coffee farmers in Brazil have had a tough year due to severe weather conditions, including drought and frost, which resulted in irreparable damage to about 20% of their trees. Commodity trading houses have sent their…
KENYAN COFFEE. A MIXED BAG AT NAIROBI COFFEE EXCHANGE
A few weeks ago, a number of coffee farmers told reporters that the weather was working in their favour and they expected high profits from a bumper harvest and high exports. Now was the time…
$100M FINANCE PLAN BRINGS GREEN COFFEE COMPANY CLOSE TO REALISE AMBITIOUS PLAN
Analysis In January, we wrote about the Green Coffee Company’s plan to become the biggest coffee company in Colombia when we wrote: “‘The Green Coffee Company (GCC), has raised the required funds for its Series…
UGANDA CONTRACT WITH UVCC SUPPORTED BY ATTORNEY GENERAL AND PRESIDENT
The contract between the mysterious Italian businesswoman, Enrica Pinetti’s Uganda Vinci Coffee Company Limited (UVCC) and the government of Uganda was thought to be dead just a few weeks ago after the Sectoral Committee on…