Firmenich to acquire South Africa’s Flavourome to expand African presence

SOUTH AFRICA – Swiss flavors and fragrance company Firmenich has announced its intention to acquire Flavourome, a privately-owned flavors company in South Africa, as it focuses its attention to Africa. Located in Midrand, South Africa, Flavourome has a strong presence in South Africa and the regional African market. It has been in operation since 1998.…

Arla introduces chocolate and strawberry flavoured milk powders

NIGERIA - TG Arla Nigeria, makers of Dano Milk has upped the stakes with the introduction of chocolate and strawberry flavoured milk powder variants into the Nigerian market. According to the company, the newly introduced strawberry and chocolate milk powder were launched following intense consumer research that informed increasing desire for a convenient and exciting…

Global food companies team up to avoid Maggi-like fiasco in India

INDIA - To avoid another Maggi-like fiasco, global food companies such as Cargill, Nestle, Coca-Cola, Danone, Tesco, Metro Group and Amazon have come together in India to work with the government, the regulator and academia to ensure food safety. The Global Food Safety Initiative (GFSI), which is managed by France-headquartered international trade organization Consumer Goods…

Lactalis baby milk in global recall over Salmonella fears

FRANCE - French baby milk formula maker Lactalis has ordered a global product recall over fears of salmonella contamination. Health authorities in France said 26 infants in the country have become sick since early December. The recall affects products and exports to countries including Britain, China, Pakistan, Bangladesh and Sudan. It covers hundreds of baby…

Nigeria’s rice importation dropped by 95% in two years – Minister

NIGERIA - The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, says rice importation into Nigeria has dropped by 95 per cent in the last two years. Ogbeh said this on Thursday in Abuja at the first Annual NACCIMA-NIRSAL Agribusiness and Policy Linkage Conference, which has “Implementing the Agriculture Component of the Economic Recovery…

Flour Mills formally applies for US$111 million in rights issue

NIGERIA - Flour Mills of Nigeria Plc at the weekend submitted formal application to the Nigerian Stock Exchange (NSE) seeking to raise N39.9 billion (US$111 million) in new equity funds from existing shareholders. A regulatory filing at the NSE at the weekend indicated that Flour Mills of Nigeria plans to raise N39.85 billion through a…

Carrefour seeks regulator nod to lock out rivals in Kenyan malls

KENYA - Carrefour has rattled the market with a new push to lock out competition from prime locations in Nairobi. The retailer, run by franchise holder Majid Al Futtaim Holding, now wants to stop rivals from gaining tenancy at The Hub Karen, where it has an outlet, after making a similar application to the Competition…