Nigerian Breweries and road safety agency promote Don’t Drink and Drive campaign

NIGERIA – Star Lager maker, Nigerian Breweries has together with the Federal Road Safety Corps (FRSC) held a mega rally on road safety in Lagos in a bid to curb the number of road accidents in the country. According to Beverage Industry News, the Don’t Drink and Drive rally campaign was the second of the…

Sugar processor Tongaat’s profit tumbles 64% hurt by unconcluded land deals

SOUTH AFRICA - Tongaat Hulett, the South African agri-processing business focused on sugarcane and maize processing has posted a 64% decline in operating profit to US$36.86 million in its financial year, reports IOL Business. Compared to last year when operating profit clicked US$102.2 million, the decline in the period was attributed to land transactions that…

Unilever endorsed as Certified Africa Top Employer for the fourth time

AFRICA - British-Dutch transnational consumer goods company, Unilever has been recognized as the number one Top Employer in Africa at the just concluded Top Employer Institute award ceremony held in Johannesburg, South Africa. According to ThisDay, this is the fourth time the company has been named number one Top Employer in Africa, highlighting its commitment…

Nigeria launches first livestock ecommerce platform to transform the sector

NIGERIA – Nigeria has launched the country’s first online livestock market that will connect both the buyers and sellers on a 24-hour basis, every day of the week, reports ThisDay. The system called Livestock247.com, will allow organized transactions by linking different players in the sector including livestock stakeholders, buyers, sellers, ranchers, livestock merchants, veterinary professionals,…

Bunge’s joint venture EGT acquires a grain elevator near Sidney

USA - EGT, LLC, a joint venture between Bunge North America and ITOCHU, announced that it has purchased a grain elevator in Sidney, Montana from Busch Agricultural Resources, LLC, a division of A-B InBev, N.V. for an undisclosed amount. According to EGT, the Sidney elevator has access to the Burlington Northern Sante Fe railroad which…

Amber Beverage agrees to acquire Russian spirits producer Permalko

RUSSIA – Amber Beverage Group, a subsidiary of the alcoholic beverages producer SPI Group has announced that it set to acquire a controlling stake in Permalko for an undisclosed sum. As part of the transaction, Amber Beverage Group will retain all of the Permalko operational management team and staff. According to the company, the acquisition…

Kellogg’s considers sale of cookies and fruit snack units to focus on core business

USA - The Kellogg Company has announced that it is looking to reorganize its business in North America and is considering sale of cookies and fruit snacks businesses to refocus and align to core parts of the company. The cookies business portfolio includes Keebler, Famous Amos, Mother's and Murray brands while the fruit snacks category…

PepsiCo unveils brands participating in startup accelerator program in N. America

USA – PepsiCo has announced the ten emerging food and beverage brands that will join its first collaborative accelerator program in North America, Nutrition Greenhouse North America. According to the company, each of the participating startups will receive US$20,000 in grant funding and participate in a 6-month business optimization program. The Nutrition Greenhouse program is designed to accelerate…

Kenya’s sugar imports rise to reach 189,000 tonnes in nine months to September

KENYA – Kenya’s sugar imports have clicked 189,000 tonnes in the nine months to September, a significant reduction from the 933,000 tonnes of sugar it imported last year. A report by the East African revealed that out of the total imported sugar, that from the Common Market for Eastern and Southern Africa (COMESA) and East…

Zimbabwe’s fast food and retail operators re-open as the economy improves

ZIMBABWE – Zimbabwe’s fast food chains and retail operators have reopened their stores after closing down on difficult trading and economic conditions that rocked the country in the recent past. Among them KFC (Kentucky Fried Chicken) and OK Zimbabwe had blamed their closure on rising operational costs, shortages of fuel and raw materials among other…