Food safety solutions supplier Neogen launches first rapid test for ergot alkaloids

UK – Multinational food safety test kits supplier, Neogen Corporation has developed a quick and simple lateral flow test for ergot alkaloids – natural toxins produced by a fungus that commonly infects rye and wheat. […]

Walmart and Flipkart invest in Indian fresh produce supply chain startup Ninjacart

INDIA – Walmart and Flipkart have announced a joint strategic investment in supply chain start-up Ninjacart to strengthen their direct sourcing of fresh produce and enable Ninjacart to expand its customer base. T​he three partners […]

New Zealand’s packaging supplier Grounded gets backing from Impact Investment Fund

NEW ZEALAND – Grounded, an Auckland-based sustainable packaging supplier has received an undisclosed investment form Impact Enterprise Fund, New Zealand’s first impact investing fund. Grounded supplies a range of sustainably sourced packaging, including pouches and […]

Britvic announces new carbon emissions reduction targets to help tackle climate change

ENGLAND – Britvic, one of the leading branded soft drinks businesses in Europe, has announced ambitious science-based carbon targets, committing to halving carbon emissions from its own operations by 2025. With the support of carbon […]

Mauricio Leyva steps down as CEO of Mexican dairy giant Grupo Lala

MEXICO – Grupo Lala, Mexico’s leading dairy company has announced that Mauricio Leyva will be stepping down as the company’s Chief Executive Officer, effective December 31, 2019. Grupo Lala has appointed former CEO and current […]

African Development Bank approves US$124.2 million loan for water sector reforms in Nigeria

NIGERIA – The Board of Directors of the African Development Bank have approved a US$124.2 million loan to finance the Urban Water Sector Reform and Akure Water Supply and Sanitation Project in Nigeria to address […]

Nigerian commodity exchange platform AFEX clinches investment from Consonance

NIGERIA – AFEX Commodities Exchange Limited (AFEX), a private commodity exchange firm in Nigeria has secured an investment for an undisclosed amount from Consonance Investment Managers, a Sub-Saharan Africa focused early-stage and growth investment firm. […]

Nigeria to partner with AfDB to promote development of agro-industrial zones

NIGERIA – The African Development Bank (AfDB) says it will partner with the Federal Ministry of Agriculture and Rural Development to promote the special agro-industrial processing zones targeted at increasing food production capacity and promoting […]

International Breweries appoints Hugi Dia as new Managing Director

NIGERIA – International Breweries Plc, the Nigerian unit of global brewer, Anheuser-Busch InBev has appointed Mr Hugo Dias Rocha as the breweries Managing Director following the resignation of Annabelle Degroot. Annabelle rendered her resignation which […]