Colombia: Stron Economic Growth prompts two Coffee Giants to Enter Market

Posted on July 9, 2014 • Filed under: Business, Colombia reported Colombia is one of the world’s top producers and exporters of coffee, but two international brands are nevertheless aiming to gain a foothold in the key Latin American market. Within a few weeks of each other, two of the biggest names in the business – Starbucks and Nespresso – set up shop in the country of 47 million. Attracted by Colombia’s strong economic growth – 6.4 percent in the first quarter of 2014 – the two companies hope to find a new market for customers eager to spend a little extra on a grande latte. Read Article

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