Nestlé unveils US$100m expansion plan of three factories in Indonesia

INDONESIA – Nestlé has announced a US$100 million investment to expand three factories in Indonesia, as the company aims to increase its current production capacity in the country by 25%. The investment will be used […]

Diageo to move global headquarters to central London in 2021

UK – Diageo has announced that it will be moving its global headquarters from its current building in Park Royal, NorthWest London, to a new central home in England’s capital. The relocation of the offices […]

Pick n Pay appoints Lerena Olivier as new chief finance officer

SOUTH AFRICA – Pick n Pay Stores, South Africa’s third largest grocery retailer, has appointed senior executive Lerena Olivier as the new chief finance officer (CFO), effective September 6, 2019. Oliver will replace Pick n […]

PepsiCo plans US$74.4m investment in new snacks manufacturing facility in India

INDIA – PepsiCo India has unveiled plans of investing US$74.4 million (INR 5.14 billion) over the next three years to construct a new snacks manufacturing plant in Uttar Pradesh, India. The producer of Lay’s, Cheetos, […]

Diageo to relocate its Africa business support Centre from Nairobi

KENYA – London-based brewer Diageo has said that it will be moving the Diageo Africa Business Service Centre (ABSC) away from its current offices in Nairobi, Kenya. The move will see the company close the […]

South African retailer Woolworths exits Ghana in second retreat from West Africa

GHANA – Woolworths, a South African based retailer has closed down its operation in Ghana as it moves closer to consolidating its share across other African markets. Woolworths, which retails organic foods and designer clothing, […]

SIG Group to invest US$198.65m in constructing aseptic packaging facility in China

CHINA – Aseptic packaging provider, SIG Combibloc Group will be investing US$198.65 million (€180 million) in establishing a new packaging production plant in Suzhou, China. Expected to become operational in 2021, the 120,000 square-metre site […]

AB InBev rolls out blockchain technology to empower farmers across Africa

AFRICA – The world’s largest brewer, AB InBev, is rolling out block chain solution that seeks to empower smallholder African farmers in its supply chain. AB InBev Africa is partnering with US based fintech company […]

Real Foods see growth beyond Africa, launches in Thailand and Netherlands

SOUTH AFRICA – Real Foods Group, a South African healthy, fast-casual restaurant operator, is set to expand its global footprint by rolling out franchises in Europe and Asia. The company, which houses the healthy restaurant […]

Danone to invest US$26.5m in New Zealand’s Nutricia plant to reduce carbon emissions

NEW ZEELAND – French dairy giant, Danone has unveiled that it will be investing US$26.5 million (NZD40 million) in its Nutricia spray drying plant in New Zealand to help the site achieve carbon neutrality by 2021. According […]