Cargill to invest upto US$10.5m to upgrade its Russian grain terminal

RUSSIA - Cargill, through its Production and Commercial Company "Bratya" (Rostov-on-Don) has announced plans to invest between US$9.5m to 10.5 million in upgrading its grain terminal in Rostov, Russia. According to a report by UkrAgroConsult, the upgrade is expected to increase the capacity of the existing terminal by 50% to 1 million tonnes per year…

Starbucks plans to ditch single-use plastic straws by 2020

USA - The American coffee company, Starbucks Corp has said it will eliminate single-use plastic straws from its coffeehouses globally by 2020 and in return offer recyclable strawless lids and alternative-material straws, like paper or compostable plastic. The coffee chain which operates more than 28,000 coffeehouses is seeking to remove about 1 billion plastic straws…

Government to boost rice sector with US$29m large integrated rice mills

NIGERIA - The Federal government has said that it has allocated more than US$29 million to purchase ten large integrated rice milling machines by December 2019 with an aim to boost rice production in ten states. An article by the Guardian reported that according to Minister of Agriculture and Rural Development Audu Ogbeh, benefiting states…

Agricultural institute launches a phone device, ‘Nuru’ to fight cassava diseases

TANZANIA - The International Institute of Tropical Agriculture (IITA) in collaboration with the Pennsylvania State University of the United States has launched a new tool called Nuru to fight cassava diseases using an artificially intelligent machine, according to the Citizen. The device comes in time when the cassava production in Africa is said to have…

Coca-Cola Nigeria to use 50% recycled packaging by 2030

NIGERIA - Nigerian Bottling Company (NBC), the sole bottler of Coca-Cola products in Nigeria has announced a commitment to use an average of 50% recycled content in its bottled drinks packaging by 2030. According to NBC Legal, Public Affairs and Communications Director Sade Morgan, the company was also working on developing plant-based resins, and reducing…

FSSAI wants calorie count on restaurant menu to promote healthy habits

INDIA - The Food Safety and Standards Authority of India has called on restaurants to voluntarily indicate calorie counts on menus to promote healthy diets and lifestyles in the country, reported ET Retail. The food regulator has also asked the e-commerce and retail companies to promote healthy options such as fortified foods on their landing…

KFC franchisee Devyani to invest US$145m ahead of listing, appoints former KFC MD

INDIA - Devyani International Ltd (DIL) has announced plans to invest more than US$145 million ahead of the initial public listing of shares and has appointed former KFC India managing director Rahul Shinde as executive director. According to the company, roping in Shinde, who last year had relocated to the US as global CFO for…

Government invests US$1.43m to revive fruit processing plant at the Coast

KENYA - A government parastatal, the Coast Development Authority (CDA) has revealed that the state has allocated more than US$1.43 million to revive the Galole Integrated Fruit Processing Plant at the Kenyan Coast. A report by the Business Daily indicates that the funding goes towards the re-opening of the mango fruit factory and expansion of…

Tata Global Beverages to exit loss-making subsidiaries

INDIA - The Kolkata based multinational non-alcoholic beverages company, Tata Global Beverages Ltd has announced that it would exit loss-making subsidiaries but has plans to maintain subsidiaries in certain locations due to legal issues, according to an article by ET Retail. The company told shareholders at the annual general meeting that it was focusing on…

Standards body launches ‘Eat Right Movement’ to promote healthier FMCG foods

INDIA - The Food Safety and Standards Authority of India (FSSAI) is launching the ‘Eat Right Movement’ in a new strategy to promote production of healthier FMCG food products in the industry. This is an attempt to getting the food industry on board for implementation of draft food labelling regulation in attempt to protect and…