Tag Archives: ICO

Kampala, Uganda | THE INDEPENDENT | African coffee-producing countries have gathered in Nairobi to chart ways of improving the continent’s coffee sector and cushion it from global shocks. These include the effects of pandemics, trade barriers, and market dynamics like unfair taxes and trade restrictions among others. The first G25 Coffee …

Kampala, Uganda | THE INDEPENDENT | The controversial agreement between Uganda and a foreign investor to process and export coffee was reached before the industry regulator was consulted, but the body might not oppose the deal, according to its top leadership. The Uganda Coffee Development Authority Managing Director, Dr. Emmanuel Iyamulemye says …

The `investor’ behind the complicated Lubowa International Specialised Hospital, is the same one behind UVCC COMMENT | ABBEY KIBIRIGE SEMUWEMBA | The legend about coffee is that it was discovered by a goat shepherd when he noticed his goats became so energetic after eating berries from a certain tree. He …

Kampala, Uganda | THE INDEPENDENT | Uganda is responsible for the continent’s decline in coffee exports in February 2022, a new report by the International Coffee Organization (ICO) indicates. The March 2022 Coffee Market report shows that exports from Africa fell from 1.11 million bags in February 2021 to 975,000 bags …

Kampala, Uganda | THE INDEPENDENT | The government of Uganda has explained that the decision to stay away from the International Coffee Agreement (ICA) extension was inevitable for the good of the local industry, a position agreed to by some private sector players. The ICA is an instrument for international cooperation …

Nairobi, Kenya | XINHUA | The Inter-African Coffee Organization (IACO) said on Wednesday it has jointly launched a 14.3 million U.S. dollar intervention program to alleviate the impact of COVID-19 on the continent’s coffee sector. IACO said it has teamed up with the International Coffee Organization (ICO) and the Center …

London, United Kingdom | AFP | Despite a steady increase in coffee consumption around the world, trade prices have fallen dramatically in the past three years, hitting producers. At the same time, the cost of an espresso or latte remains as full-fat as ever. What’s going on? Futures on arabica and …

Rising global exports and inventory levels weaken prices: ICO The International Coffee Organisation’s (ICO) has predicted low prices into the near future for both the global Robusta and Arabica crop. In its latest April report, the ICO notes that growers such as Uganda, Indonesia, Honduras, India and Peru, who  contribute …

Good prices, increasing production excite UCDA A coffee replanting initiative, which started nearly five years ago, is expected to boost the country’s crop volumes starting this year. “We are seeing an increase in the coffee export volumes this year as the crops we started planting more than three years ago …