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Coffee Planet - United Arab Emirates

Headquartered in Dubai, United Arab Emirates, Coffee Planet LLC was established in 2005 as a provider of freshly ground coffee and fresh milk vending machines for highway convenience stores. In 2008, Coffee Planet opened a new UTZ-, BRC-, HACCP-, and ISO 22000-certified roasting facility in Dubai with a roasting capacity of more than 4,320 tonnes per annum. This enabled the company to become the largest specialty coffee roaster in the Middle East, employing more than 200 people. 

Coffee Planet focuses on end-to-end coffee solutions for a diverse range of local and international customers. The company provides a wide range of business-to-business (B2B) and business-to-consumer (B2C) coffee solutions. Coffee Planet serves more than 800 local and international customers and operates over 5,000 coffee machines across the United Arab Emirates. 

In 2022, the CFC signed a USD 2 million trade finance loan agreement with Coffee Planet to finance the sourcing, roasting, and export of conventional and certified coffee for two strategic partners. The investment was made with the expectation of expanding Coffee Planet’s inclusive sourcing model by integrating approximately 830 additional smallholder beneficiaries, primarily in Nicaragua, bringing the total number of supported farmers to more than 1,500. The project was also expected to contribute to employment growth, increasing permanent jobs to around 200 over five years, with women expected to represent 40% of the workforce by 2026. In addition, the project was expected to support capacity building through the training of approximately 150 individuals, thereby strengthening skills across the value chain

Submitting Institution

Coffee Planet LLC

Location

United Arab Emirates

Commodity

Coffee

Total Cost

USD 10,000,000

CFC Financing

USD 2,000,000

Co-financing

USD 8,000,000

Year of Implementation

2023

SDGs