Introduction of Jackson bourbon varieties in Burundian Coffee Flavor Manor

Starbucks of the United States, the world's largest coffee retailer, said a few days ago that it would buy more coffee from Burundi. Industry insiders said that Starbucks' move is conducive to the economic development of Burundi.

The East African newspaper reported on the 8th that in order to help Burundi integrate into the world coffee market as soon as possible, Starbucks has funded officials of the Burundian Coffee Management Commission to study abroad, and Starbucks executives will also visit Burundi this month to discuss cooperation with relevant parties.

Coffee is the main export industry in Burundi, and Starbucks' launch of Burundian coffee in its chain stores will increase the global visibility of Burundian coffee. It is estimated that 80 per cent of the 500000 coffee growers in Burundi will have a significant increase in income in the coming years.

In recent years, Starbucks has paid more and more attention to the African coffee industry and has begun to work with coffee growers in Tanzania, Ethiopia, Rwanda and Kenya.

Prices of Arabrica coffee from Burundi rise

On 17 February 2005, the New York Exchange, together with the Government of Burundi and coffee producers and exporters, agreed to lower the pricing index of Burundian coffee listed on the Exchange by 200 points, that is, an increase of 2 cents per pound (equivalent to an increase of 50 Burundian francs per kilogram). Subsequently, the Chairman of the New York Stock Exchange informed the Burundian Ministry of Agriculture and Animal Husbandry, the Ministry of Finance, the Ministry of Industry and Commerce and the Burundian Coffee Company. Burundian Minister of Agriculture and Animal Husbandry Pierre Ndikumagange was invited to attend the opening ceremony of the New York Exchange on April 14 in order to raise the profile of Burundian coffee in the international coffee market.

After the price of Burundian Arabrica coffee was raised, the purchase price of fresh coffee in Burundi was adjusted from 120 Burundian francs / kg to 200 Burundian francs / kg, which is excellent news for countries where coffee export earnings account for more than 80 per cent of total foreign exchange earnings. Due to the abundant coffee growing season Rain Water and good field management, coffee production in 2004-05 was significantly higher than that of last year. According to Burundian officials, this year's coffee bean production will reach 36000 tons, a six-fold increase over last year (5600 tons).