Delta, AFDIS fret over tougher alcohol policy

ZIMBABWE - Zimbabwe's major alcohol manufacturers - Delta Corporation and African Distillers (AFDIS) - could see their business affected if the proposed regulate the sale of alcohol becomes reality. A Cabinet committee recently revived the 2010 National Alcohol Policy draft, which seeks to outlaw the sale of alcoholic products during certain days and hours of…

Coca-Cola Nigeria to spend US$600m on new products by 2020

NIGERIA - Coca-Cola Nigeria Limited said it plans to invest $600 million by 2020 to boost sales, as part of the parent company’s global strategy to offer more consumer likeable products that goes beyond its carbonated soft drinks. The Nigerian subsidiary of the Atlanta-based soft drinks maker said it wants to expand its product offerings…

Nigeria becomes World’s second leading sorghum producer

NIGERIA - Nigeria’s agricultural production of sorghum has leaped to the second place, now trailing only the United States in annual production. Data obtained from the United States Department of Agriculture (USDA) forecasts world sorghum production at 59.34 million metric tonnes for 2017/2018. Of this number, USA’s output is projected to reach 8.4m metric tonnes…

USDA gives green light to China’s poultry inspections

USA - The “our beef for your chicken deal” hatched by President Donald Trump with the People’s Republic of China last May appears to be on track. USDA’s Food Safety and Inspection Service (FSIS) yesterday quietly released the final audit report showing China’s inspection system for poultry processing is equivalent to U.S. systems and standards. An onsite review…

New feed mill opens in Zambia, to improve aqua sector

ZAMBIA – A new factory worth US$10million has been officially inaugurated by Aller Aqua as part of the company’s plan to invest in the aquaculture industry sector in Zambia. The factory, with a capacity of 50,000 tonnes per annum, was established as a joint venture with Oakfield Holdings Limited where Aller Aqua has an off-take…

Ethiopia’s meat industry attracting new investors

ETHIOPIA – The Ethiopian meat sector has been steadily growing and domestic and foreign investors are showing interest, according to reports by the Ethiopian Meat and Dairy Industry Development Institute. Companies from China, Morocco, South Africa and India are currently interested in the meat-processing sector in the country. Frigorifico Allana, which is part of the…

FrieslandCampina CEO resigns, appoints CFO to role

NETHERLANDS – Netherlands-based Royal FrieslandCampina, one of the world’s leading dairy companies and the parent company of FrieslandCampina WAMCO in Nigeria, has announced that its Chief Executive Officer (CEO), Roelof Joosten will step down on 1 January 2018, and to be succeeded by Hein Schumacher, the company’s current Chief Financial Officer (CFO). Roelof has been…