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Procafecol S.A.: total royalties paid to Colombian National Coffee Fund 2007-2023
For the usage of the national coffee brand Juan Valdez, the Promotora de Café Colombia S.A. (Procafecol) had paid almost 180 billion Colombian pesos to the National Coffee Fund as of 2023. The National Coffee Fund is managed by the Colombian Coffee Growers Federation. Procafecol was created in 2002 by this Federation.