The future of the tea and coffee sectors globally now depends largely on the use of the latest technology and cost effective processing. Players in the tea and coffee sectors are scheduled to meet in India in November to discuss the future of these cash crops at the 7th edition of World Tea Coffee Expo (WTCE).
The WTCE identifies market trends, global drivers, challenges, constraints, threats and investment opportunities in tea and coffee market.The event is expected to showcase innovative tea and coffee brands, machinery, equipment, packaging, technologies and vending solutions. Read more. Source| The East African
An Ugandan company has started using blockchain, the technology behind virtual currency Bitcoin, to certify shipments of coffee to try to meet growing demand from consumers for more information about where products have come from. Carico Café Connoisseur said the move could help to boost farmers’ incomes, as consumers are usually prepared to pay more for goods that can been traced back to their origins. Blockchain works by providing a shared record of data held by a network of individual computers rather than a single party. Its supporters say this makes it hard to tamper with, and so a secure way to track goods along the supply chain. Read more. Source | Business Daily
The government is due to introduce coffee export excellence award to traders who will have more market access of the commercial crop.This was explained recently by the Deputy Minister for Agriculture Dr Mary Mwanjelwa, when talking to coffee buyers during one of the coffee auctions which was held at the Moshi Coffee Exchange, in Moshi Kilimanjaro Region.
“The aim of introducing this award is to recognise and award coffee traders who will show their outstanding performances in finding coffee markets outside the country and also encourage coffee stakeholders including co-operatives to seek more markets so that farmers who have a lot of yields can access more markets and improve their income." Read more. Source | Daily News
Regional coffee growers, exporters and sector policy makers are turning their focus to domestic consumption, a move they say is intended to cushion them against fluctuations on the international market, which sometimes adversely affects their incomes.
They were speaking Friday at the official launch of the 17th African Fine Coffee Conference and Exhibition (AFCC&E) in Kigali.The event is running under the theme, ‘Specialty Coffees at the Heart of Africa’, and it is focusing production and marketing of high quality coffee. Read more. Source | New Times
Fairview Coffee Estate, which grows berries under 150 acres of land, has opened its farm to tourists who want to learn first-hand about harvesting, processing and brewing. Coming to the coffee estate is like going to a winery tour in Cape Town or Naples where you walk through vineyards and sample different grapes.
For almost 40 years now, former ambassador to the US, Leonard Kibinge and his family, has owned Fairview estate. Currently, one of his sons, Michael Warui, is the director of the coffee estate. Read more. Source | Business Daily
At the end of 2018, Rwanda expects to export 24,500 tons of coffee, up from the 23,000 tons last year. This was revealed on July 2, by Celestin Gatarayiha, head of coffee division at the National Agricultural Export Development Board (NAEB). According to Gatarayiha, the increase in coffee shipment is motivated by various strategies aimed at boosting both output and quality. Read more. Source | New Times
Before 2009, the once mighty Rwandex was exporting between 5,000 to 7,000 tonnes of ordinary coffee fetching between $9 million and $10 million annually. Fast forward, barely 10 years later, Rwanda Trading Company has not only relocated to a modern facility in the Special Economic Zone but the company has grown in numbers in terms of staff, revenues and consequently becoming the biggest exporter of Rwandan coffee to the United States, Europe and Asia among other global markets. Read more. Source | New Times
Uganda is set to roll out a new Coffee Bill that will create an ecosystem for a better and sustainable coffee industry in the country. The proposed bill is forecast to be the first stepping stone to transform the industry and ensure the nation remains competitive in the international market as well. Coffee is the country’s main export as per the agriculture sector, and has performed graciously over the years.
The future of the commodity has raised eyebrows with the performance not convincing to the market key players as farmers feel more can and should be done to protect their rights and help them boost their yields. The quality of the produce has been the main concern over the commodity, with the international market demanding speciality in the sector. Read more. Source | The Exchange
East African country Rwanda recorded its first highest roasted beans shipment to the United States of America that generated $77,000 for the Rwandan government. The foreign earnings recorded a high due to its value to the country other than what the country used to export in the previous years.
Rwanda is a major coffee export earner and has since been looking for ways to make their product better and marketable beyond the regional territories, in a bid of venturing into new markets in the European and Asian countries. It is believed that the roasted coffee beans have high value as compared to the washed green coffee beans that would somewhat not bring a bigger revenue to the country. Read more. Source | The Exchange
East African country Rwanda recorded its first highest roasted beans shipment to the United States of America that generated $77,000 for the Rwandan government. The foreign earnings recorded a high due to its value to the country other than what the country used to export in the previous years. Read more. Source | The Exchange