Friday, February 16, 2007
Starbucks Plans on Expanding Coffee Purhcases in Africa
Starbucks (SBUX) has stated that they are planning on doubling their purchases of coffee from East Africa. They are also putting up $1 million for microfinancing the coffee farmers. Six percent of the coffee purchased by Starbux came from Africa. However, Starbucks is involved in a trademark dispute with Ethiopia.
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