• Latest
Ikea to purchase single-origin arabica coffee beans from Uganda

Ikea to purchase single-origin arabica coffee beans from Uganda

5 years ago
Feed Africa Summit: AfDB Committing $10bn to Make Continent Breadbasket of the World

Feed Africa Summit: AfDB Committing $10bn to Make Continent Breadbasket of the World

14 mins ago
We are Proud of UPDF’s Direction as a Productive Force – Minister Huda Oleru

We are Proud of UPDF’s Direction as a Productive Force – Minister Huda Oleru

28 mins ago
We are Proud of UPDF’s Direction as a Productive Force – Minister Huda Oleru

People of Greater Mbarara Laid Foundation for Liberation Struggle – Minister Ssempijja

31 mins ago
Rwanda Troops, DR Congo Police Clash on Island in Lake Kivu

Rwanda Troops, DR Congo Police Clash on Island in Lake Kivu

45 mins ago
Museveni Commends Late Prof. Mutebile for Playing Key Role in Reviving and Growing Uganda’s Economy

Museveni Commends Late Prof. Mutebile for Playing Key Role in Reviving and Growing Uganda’s Economy

2 days ago
Locals Turn to Parliament over Fate of Kilembe Mines Hospital

Locals Turn to Parliament over Fate of Kilembe Mines Hospital

2 days ago
SoftPower News
Monday, January 30, 2023
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Agriculture

Ikea to purchase single-origin arabica coffee beans from Uganda

by SoftPower
October 25, 2017
Ikea to purchase single-origin arabica coffee beans from Uganda

Coffee beans sit in a hessian sack inside the Carte Noire factory in Laverune, France, on Tuesday, May 16, 2017. The purchase of Carte Noire deal in France makes it the second largest market for Luigi Lavazza SpA after its home country and is expected to generate about a fifth of the companys revenue this year, chief executive officer Antonio Baravalle said. Photographer: Marlene Awaad/Bloomberg via Getty Images

  • Facebook
  • Tweet
  • WhatsApp
  • Telegram
  • Email

Ikea will start sourcing single-origin coffee from Uganda as it adds food-related businesses to its social entrepreneur partnerships.

The world’s largest furniture retailer, which has so far focused on small-scale suppliers and artisans for such partnerships, signed a three to five-year partnership with Kawacom Ltd., a coffee processor and exporter in Uganda that works with local farmers in the White Nile region.

Related Stories

UK-based Energy Innovators to Explore Energy Access Markets in Uganda

Deal with Market Vendors Directly, Museveni tells KCCA Officials

Uganda Coffee Exports for September Fetch USD 71.2m

With the deal, Ikea has purchased enough Arabica beans to fill 500,000 250-gram packages of coffee, which will be available in stores in 30 markets from this autumn, Vaishali Misra, who leads the Ikea Social Entrepreneur Initiatives, said by phone. It will buy an equivalent amount in its next fiscal year.

The move is part of Ikea’s social business initiative, which aims to help marginalized members of society by offering them market access, training and income. The company is already involved in 19 entrepreneur partnerships with smaller-scale suppliers within handicraft and services businesses, each selling goods averaging about 2.5 million euros ($2.9 million) to 3 million euros a year via Ikea. That translates on average into four to six months worth of production for the suppliers, Misra said.

“The Ikea long-term partnerships with food-producing communities can help to enhance livelihoods, build sustainable crop production and support communities to become sustainable and self-reliant,” Misra said.

Ikea is also in talks on sourcing cocoa from smaller farmers in Africa or South America and nuts from those regions or Asia. Its social program already has partnerships in countries such as Thailand, Jordan, India and the U.S. and involves some 10,000 people.

By Anna Molin – Bloomberg

Post Views: 1,612
  • Facebook
  • Tweet
  • WhatsApp
  • Telegram
  • Email
Tags: coffeeMarketsSocial Good

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Stories

Feed Africa Summit: AfDB Committing $10bn to Make Continent Breadbasket of the World

We are Proud of UPDF’s Direction as a Productive Force – Minister Huda Oleru

People of Greater Mbarara Laid Foundation for Liberation Struggle – Minister Ssempijja

Rwanda Troops, DR Congo Police Clash on Island in Lake Kivu

Museveni Commends Late Prof. Mutebile for Playing Key Role in Reviving and Growing Uganda’s Economy

Locals Turn to Parliament over Fate of Kilembe Mines Hospital

SoftPower News

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

error: Content is protected

Send this to a friend