FoodBusinessAfrica.com grows, shifts to dedicated server to meet rising demand

KENYA– Africa’s leading food, beverage and milling industry website Foodbusinessafrica.com has over the last year received overwhelming growth in traffic, with a record 10.5 million hits and 650,000 visitors over the past year, thanks to […]

Sugar Corporation to inaugurate third sugar factory under US$286m Omo Kuraz Project

ETHIOPIA – Ethiopian Sugar Corporation is set to inaugurate Omo Kuraz Sugar Factory Three on October 14, built with US$286.12 million loan from China Development Bank. According to the state corporation, the new factory will […]

US exports of feed grains set new record at 120 MMT led by corn

USA – The United States exports of feed grains and co-products for the 2017/2018 marketing year reached 120 million metric tonnes led by higher corn shipments, setting a new record for the second year in […]

IRRI to receive US$1.4m a year funding from Crop Trust to conserve rice varieties

SINGAPORE – The International Rice Research Institute (IRRI) is set to receive US$1.4 million worth of funding from non-profit organization, Crop Trust in a partnership to ensure conservation and sharing of 136,000 varieties worldwide. The […]

Nigeria’s beverage firm CWAY Group adds yogurt to its portfolio to meet demand

NIGERIA – CWAY Group, the food and beverages maker has expanded its fruit-flavoured milk drink portfolio with the addition of a new yogurt line in a bid to meet consumer demand in the country, reports […]

Bakhresa Group halts flour exports to Kenya on inapt tax rules

TANZANIA – Bakhresa Group which operates one of the largest flour mill in Tanzania has suspended Kenya flour exports on changing rules and systems for exporting goods into the country. The company said frequent changes […]

AB InBev partners Accenture to boost sales and distribution in Africa

AFRICA – The world’s largest brewer, AB InBev has entered into an agreement with a leading global professional services company, Accenture to boost its sales and distribution operations on the continent, reports MarketWatch. The three-year […]

Carrefour joins the IBM Food Trust platform to implement food traceability standard

EUROPE – Carrefour, a European leader in food traceability through the gradual application of blockchain technology to its Carrefour Quality Line products, has joined other participants involved in building the IBM Food Trust platform. The […]

Fonterra Group revises Farmgate Milk Price as a result of higher global milk supply

NEW ZEALAND – Fonterra Co-operative Group Limited, has revised its 2018/19 forecast Farmgate Milk Price from US$6.75 per kgMS to a range of US$6.25-US$6.50 per kgMS and increased its forecast New Zealand milk collection volumes […]