Cargill invests US$16.4m in Ghana to expand cocoa processing capacity

GHANA – Cargill has unveiled plans of investing US$13 million for the expansion of its cocoa processing site in Tema, Ghana to increase production capacity by 20%. Cargill has also committed an addition US$3.4 million […]

Liberia, Ghana sign Technical Corporation Pack for certification and testing of fish for EU export market

LIBERIA – The government of Liberia through the National Fisheries and Aquaculture Authority (NaFAA) and the Ministry of Commerce have signed a Technical Cooperation pack with the Ghana Standard Authority as a temporary arrangement for […]

Diageo launches new AI whisky selector to help consumers discover their favourite whisky

UK – The Johnnie Walker and Buchanan’s brands owner, Diageo has launched a new tool ‘What’s Your Whisky’ which uses artificial intelligence and machine learning to help consumers find their perfect whisky, based on their […]

Canopy Growth launches range of cannabis infused products in Canada

CANADA – After months of preparation and expansion, Canopy Growth Corporation is now gearing up to supply the Canadian market with a variety of innovative cannabis products. Canopy Growth,  a leading diversified cannabis company has […]

South African packaging company Nampak reports full year loss impacted by foreign operations

SOUTH AFRICA – Africa’s largest packaging manufacturer, Nampak, reported a loss of R390m down 132% compared to last year’s profit of R1.2bn (US$81.3m), according to its annual financial results for the year ended September 30, […]

Norway’s TCapital acquires SA meal kit delivery startup company Daily Dish

SOUTH AFRICA – TCapital, a Norwegian private equity group has announced it has acquired Daily Dish, a meal kit delivery startup based in Cape Town, South Africa to merge with TCapital’s healthy dinner delivery, Day […]

Indian foodtech unicorn Zomato appoints Akriti Chopra as new CFO

INDIA – Zomato, an Indian online food delivery platform, has named Akriti Chopra as the company’s new chief financial officer (CFO). Chopra’s appointment follows the resignation of the Sameer Maheshwary in December last year, having […]

Canpack opens US$150m aluminum beverage cans production facility in Colombia

COLOMBIA – Canpack, a leading global manufacturer of aluminum beverage cans, has inaugurated its brand-new US$150 million can production facility located in Tocancipa, Colombia. The new site covers approximately 75,000 square meters and has an […]

FAO receives US$15m to support research in food security and nutrition

CHINA – The Food and Agriculture Organization of the United Nations (FAO) has received CNY100 million ($15 million) donation from the Ningxia Yanbao Charity Foundation. FOA said the donation will be used to establish a […]