Spanish delivery firm Glovo launches food delivery service in Kenya

KENYA – Glovo, a Spanish delivery start-up firm, has launched its operations in Kenya through its delivery application software that allows consumers order food and groceries among other goods, reports Business Daily. In addition to […]

ADM, Ingredion, Cargill, Tate & Lyle joins Plant Based Products Council

USA – Archer Daniels Midland Co., Cargill, Tate & Lyle and Ingredion are the founding members of the Plant Based Products Council (PBPC) that aims to promote sustainable consumer products and packaging. Launched on Jan […]

Mondelez’s full year net revenue rises 0.2% with growth in emerging markets

USA – Mondelez International’s full year net revenue increased 0.2% to US$3.31 billion helped by emerging markets which grew at 6.5% in the fourth quarter and around 6% for the full year.   Results reflected […]

The Coca Cola Company acquires full ownership of Nigeria’s Chi Limited

NIGERIA – Multinational soft beverage manufacturer, the Coca-Cola Company said it has acquired full ownership of Nigeria’s leading juice producer, Chi Limited. Coca-Cola first acquired a minority investment in Chi Limited in 2016 holding a […]

Cargill invests digital engineering in blockchain to support food and agric supply chain

USA – The global agribusiness giant, Cargill has said that it is investing its own digital engineering technology to accelerate development of blockchain that will address global challenges in food and agricultural supply chains. The […]

Bunge, Tyson, Kellogg backs MycoTechnology in US$30m financing

USA – The American organic food technology company, MycoTechnology has secured US$30 million in Series C round of financing with backing from global food companies. The funding was co-led by S2G Ventures Fund II, L.P., […]

South Africa’s Grand Parade appoints Mohsin Tajbhai as acting CEO

SOUTH AFRICA – Grand Parade Investments (GPI) said it has appointed Mohsin Tajbhai, as acting Chief Executive Officer in its strategy to shore up confidence in the listed empowerment company, reports Business report. The new […]

Rwanda makes strides to banning single use plastics

RWANDA – Rwanda’s cabinet has approved a draft law that seeks to impose a ban on the use of single use of plastics, a move that retaliates the country’s commitment in environmental protection, reports New […]