Cadbury Nigeria sustains growth momentum, names Ogaga Ologe as Finance Director

NIGERIA – Cadbury Nigeria Plc, the Mondelez International’s snack and confectionery arm in Nigeria, reported growth in net earnings by 174% to US$2.27 million during its 2018 financial year. The confectionery and food drinks manufacturer […]

Nigeria’s Golden Sugar Company reaffirms commitment to develop value chain

NIGERIA – The Golden Sugar Company, a subsidiary of Flour Mills of Nigeria (FMN), has reaffirmed its commitment to the development of sugar value chain in Nigeria. The sugar company said that it will continue […]

Ministry partners Japanese agency in project to boost rice production

GHANA- The Ministry of Food and Agriculture (MoFA) in Ghana, has partnered the Japanese International Cooperation Agency (JICA), in a move to help rice farmers to scale up the production of quality local rice in […]

Cadbury Nigeria appoints Oyeyimika Adeboye as new Managing Director

NIGERIA – Cadbury Nigeria Plc has appointed Mrs Oyeyimika Adeboye as the company’s new Managing Director effective 1st April 2019. Mrs Adeboye takes over from Mr Muhammad Amir Shamsi – who will take on a […]

Zimbabwe’s Dairibord doubles profits in 2018 FY as revenues shore up

ZIMBABWE – Dairibord Holdings Limited, a leading dairy company in Zimbabwe, posted profit after tax increase by more than two-fold to US$6.48 million in its 2018 financial year up from US$1.94 million posted in the […]

Mondelez partners The Hatchery Chicago to lead innovation in snacking

USA – Mondelez International has partnered with the American food business incubator, The Hatchery Chicago to enhance innovations in snacking based on the changing consumer tastes and preferences. The partnership is part of the SnackFutures, […]

Japan feed production highest in five years at 23.9 million tonnes

JAPAN – Japan feed production reached 23.9 million tonnes in 2017-18 driven by strong demand from the poultry sector, rising to its highest level since 2012-13, a World Grain report suggests. Citing reference to a […]

Ecommerce firm Thirstie raises US$7m, partners with AB InBev-backed Drinkworks

USA – US based ecommerce company, Thirstie has raised US$7 million in Series A funding and has partnered AB InBev-backed Drinkworks to boost alcohol delivery and logistics. The company said the funds will be used […]

DuPont’s clinical study shows more health benefits from higher doses of multi-strain probiotics

USA – DuPont, the world’s leading science-based products and services company has released clinical study results demonstrating benefits of high-potency, multi-strain probiotic formulations. The study suggests that higher doses of a DuPont Multispecies Probiotic Formulation […]