Tanzania Atomic Energy Commission mulls nuclear tech for food preservation

TANZANIA - The Tanzania Atomic Energy Commission (TAEC) is considering development of a food preservation project using Nuclear energy in the country, reports Daily News According to the commission’s Director General, Professor Lazaro Busagala, TAEC is planning to introduce the food irradiation project with a view of reducing the risk of food-borne diseases caused by…

Flipkart receives US$201m capital funding from parent entity

INDIA – Flipkart India, the wholesale arm of the Walmart-owned eCommerce marketplace in India, has received US$201.27 million (Rs 1,431 crore) from its Singapore-based parent entity Flipkart Private Limited. The fund infusion by Flipkart comes as the company seeks to fight off the challenge from Amazon to keep its leadership of India’s growing $18 billion…

Flipkart and Amazon appeal for more time to comply with new FDI policy

ASIA – Amazon and Walmart-owned Flipkart have appealed to the Indian government seeking more time to comply with the new Foreign Direct Investment (FDI) policy for ecommerce. The firms have requested an extension by up to six months to comply with the new regulation announced by the government in December last year that requires a…

Burger Singh to offer 430 jobs as it increases outlets

INDIA – Quick service restaurant start-up Burger Singh, says it plans to increase the number of employees by 430 as it unveils plans to open 100 more outlet within the next three year. “We are planning to hire about 430 employees before the calendar year 2019 ends. In addition, we are planning to open 100…

Unilever Ghana invests US$12m in new infrastructure and factory plants in 2 years

GHANA -  Unilever Ghana has said that it has invested more than US$12.27 million (GH¢60 million) in new infrastructure and factory plants over the last two years, cementing its leadership position in the country's consumer goods segment, reports GNA. The investment has seen the multinational company commission new personal care dryer plant, Biomass Boiler plant…

Louis Dreyfus to exit dairy business as part of strategic focus

NETHERLANDS – The global agri-merchant firm, Louis Dreyfus Company B.V. has announced decision to exit its dairy business by mid-2019 as part of strategy to focus on core business operations. As one of the leaders in the world's agricultural product trade flows, the company is looking to exit non-core areas and focus on key product…

Chi Limited Launches ‘Frooty Happy Hour by Chivita’

NIGERIA – Chi Limited, a major producer of juice brands in Nigeria, has launched ‘Frooty Happy Hour by Chivita’ which the company says is produced to deliver natural fruity refreshment at an affordable price point. The new product comes into the market following the success of its major brand Happy Hour by Chivita fruit drink.…

Cargill appoints Jon Nash to lead North American protein business

USA – The agribusiness giant, Cargill has selected on Nash to lead its North American protein business effective March 1, 2019. He will report to Brian Sikes, who was recently appointed to the executive team as leader of the company’s global protein and salt businesses. Prior to his appointment, Nash was the president of Cargill’s…

Arla unveils own-creative media agency to aid in digital marketing

DENMARK – Arla Foods has set up its own media agency called ‘The Barn’ to accelerate digital marketing and media buying by producing creative campaigns and ads. Inspired by Arla’s agricultural roots, the agency will promote the company’s marketing agenda as well as advertisements in the digital space. According to the company, the platform takes…

Coca Cola unveils new flavors and marketing campaign for Diet Coke

USA – The Coca Cola Company has launched two new flavor variants of the Diet Coke alongside new marketing content as part of the Because I Can campaign it launched in January last year to support rebrand in North America. The two variants, Blueberry Acai and Strawberry Guava are zero-calorie sparkling beverages that adds to…