News and Updates

NEWS AND UPDATES | July 19, 2023
MAKING AN IMPACT: SUCAFINA’S 2022 SUSTAINABILITY REPORT

Sucafina is proud to share its 2022 sustainability report, 'Making an IMPACT'. The report provides updates on Sucafina’s progress toward its Sustainability Strategy and on its numerous projects and programs around the world – most notably, the launch of IMPACT, Sucafina’s responsible sourcing program.

 


NEWS AND UPDATES | July 7, 2023
NEW RECOGNITION FOR SUCAFINA'S IMPACT PROGRAM

Sucafina's IMPACT Program has been recognized by the Global Coffee Platform as equivalent to the Coffee Sustainability Reference Code, 2nd party assurance. This recognition provides confidence that IMPACT coffee is produced and processed in accordance with global sustainability standards.

 


NEWS AND UPDATES | May 25, 2023
SUCAFINA’S LATAM SUSTAINABILITY-LINKED BORROWING BASE FACILITY WINS TXF AWARD

For the second year running, Sucafina has received an award at TXF’s Perfect 10 Deals of the Year Awards in Commodity Finance. Sucafina won the 2022 Soft Commodity Deal of the Year Award for its Latam sustainability-linked borrowing base facility.

 


NEWS AND UPDATES | May 5, 2023
SUCAFINA EXTENDS ITS SUSTAINABILITY-LINKED BORROWING BASE FACILITY

Sucafina, the leading sustainable Farm to Roaster coffee company, is pleased to announce that it has successfully secured a 1-year extension on its flagship sustainability-linked Senior Secured Borrowing Base Facility. 

 


NEWS AND UPDATES | March 13, 2023
UGACOF ANNOUNCES SMALLHOLDER-FINANCING PARTNERSHIP WITH LENDXS AND MUSONI SYSTEMS

Ugacof – Sucafina’s sister company based in Uganda – has signed an agreement with LendXS and its partner Musoni Systems, who will manage its digital in-house smallholder lending operations. 

 


NEWS AND UPDATES | February 1, 2023
SUCAFINA NORTH AMERICA ACQUIRES SUSTAINABLE HARVEST

Sucafina North America – the US subsidiary of the Sucafina Group – has acquired a 100% stake in the equity shares of Sustainable Harvest, a green coffee importer based in Portland, Oregon.

 


NEWS AND UPDATES | January 5, 2023
SUCAFINA AND PROFILEPRINT ANNOUNCE CO-INVESTMENT IN CSMART

Sucafina and ProfilePrint – a Singapore-based AI-driven predictive and prescriptive food ingredient profiler – have announced a co-investment in Csmart, a Brazil-based developer of AI-powered image recognition technologies for green coffee grading. 

 


NEWS AND UPDATES | November 29, 2022
SUCAFINA ACQUIRES MAJORITY STAKE IN TB BROWN

Sucafina, the leading sustainable Farm to Roaster coffee company, announced today that it has acquired a majority stake in TB Brown Instant Coffee BV. 

 


NEWS AND UPDATES | November 1, 2022
SUCAFINA’S IMPACT PROGRAM SETS A NEW STANDARD FOR RESPONSIBLE SOURCING

Sucafina announces the launch of IMPACT – our responsible sourcing program that benefits farmers, traders and roasters to create a fairer, more resilient coffee industry. 

 


NEWS AND UPDATES | September 15, 2022
SUCAFINA BRASIL & SUCAFINA COLOMBIA SUCCESSFULLY CLOSE LATAM SUSTAINABILITY-LINKED BORROWING BASE FACILITY

Sucafina Brasil and Sucafina Colombia have jointly successfully closed a 2-year Sustainability-linked Senior Uncommitted Secured Borrowing Base Facility, securing Total Commitments of US $275 million, with an accordion option of up to US $125 million.