Walmart to deliver groceries to shopper’s refrigerators at home

USA – Walmart is relaunching its service to deliver groceries directly to shopper’s refrigerators at home in a move to revamp its last mile delivery service. The in-home delivery platform will serve nearly 1 million […]

India’s foodgrain production estimated at 283.3 million tons for 2018/19

INDIA – Total food grain production in India is estimated at a record 283.37 million tonnes for the year 2018-19, 17.62 million tonnes higher than the previous five years’ average production. According to 3rd advance […]

Researchers develop high-tech spoilage detectors to replace ‘use-by’ dates

UK – Researchers at Imperial College London have developed high-tech spoilage detectors set to replace the traditional ‘use-by’ dates on food labels in a bid to cut on food waste. The technology uses paper-based sensors […]

Coca-Cola Beverages Africa appoints Xavi Selga as new head of Kenya unit

KENYA – Coca-Cola Beverages Africa has appointed its long-serving Coca-Cola executive, Xavi Selga, as the new managing director for Kenya, Mayotte and Comoros. Mr Selga takes over from Daryl Wilson, who has been appointed to […]

Nigeria’s edible oil producer Presco reports 25% decline in profits

NIGERIA – Presco Plc, an edible oil processing firm in Nigeria, reported 25% decline in profits for the year ended December 31, 2018 to US$12.03 million (N4.284bn), down from US$16.08 million (N5.726bn) the previous year. […]

Heineken buys minority stake in craft beer maker Oedipus Brewing

NETHERLANDS – The Dutch brewing giant, Heineken has acquired a minority shareholding in the Amsterdam-based craft brewery Oedipus Brewing for an undisclosed amount. According to the company, the investment will help bring their dreams a […]

India’s food tech firm Waycool acquires Farm Taaza’s supply chain business

INDIA – Waycool Foods, Chemnai-based food distribution company has acquired the supply chain business of Bengaluru-based B2B fresh produce e-retailer Farm Taaza for an undisclosed amount. The transaction includes a transfer of Farm Taaza’s supply […]

Corteva, John Deere sign MoU to bolster growth in Africa’s agriculture sector

AFRICA – Corteva Agriscience, a global leader in seed production and crop protection has signed a memorandum of Understanding (MoU) with the world’s largest manufacturer of agricultural equipment, John Deere, aimed at accelerating growth in […]

Lessafre Zimbabwe ventures into wheat farming to boost local supply

ZIMBABWE – Lessafre Zimbabwe, the sole yeast manufacturer in Zimbabwe, has ventured into wheat farming as part of its efforts to help reduce the import bill which has had an impact to the local milling […]