La Casera launches affordable premium option of its apple drink

NIGERIA - The soft drinks manufacturer, The La Casera Company (TLCC) has unveiled ‘Full Option SKUs’, different sizes of its apple drink to ensure more options and affordability of the premium product, reports Beverage Industry news. The brand La Casera Apple drink which is made of 5% real apple juice, is now available in 35cl,…

Fast-food franchise Subway to open four more outlets in Kenya

KENYA - The American privately held sandwiches and salads restaurant chain has said it is looking to open four additional branches in the Kenyan capital Nairobi where an appetite for fast-foods is significantly increasing, reported Business Daily. Subway through Liberty Eagle Holdings, the Africa franchise holder of the fast-food brand, is embarking on a growth…

Agrana Nile Fruits inaugurates new production line in the Middle East and N. Africa

EGYPT - Agrana Nile Fruits, a food & beverages producer specialized in production of minced fruit without additives, has inaugurated a new production line for tailor-made beverage compounds, specifically targeting markets in the Middle East and North Africa. According to FoodingredientsFirst, the joint project with Austria Juice, a sister company of the Agrana Group, is…

AB InBev to build new brewery in Mozambique, Nigerian brewery to open this month

MOZAMBIQUE- Anheuser-Busch InBev (AB InBev), the world’s largest brewing company has said it is investing in a new brewery in Maputo, Mozambique whose construction is set to start second-half of 2019. While the sum of the transaction was not disclosed, the Belgian based brewer said the new facility will have a capacity of 2-million hectoliters…

Coca-Cola Beverages SA appoints Flora Jika as new logistics director

SOUTH AFRICA - Coca-Cola Beverages South Africa (CCBSA) has appointed Flora Jika as the new logistics director after working with the company for almost ten years, Business Day has reported. Jika, a holder of master’s degree in industrial engineering from Wits University, joined CCBSA in 2008 after a four-year stint at Anglo American’s Witbank coalfields.…

Food Control agency shuts down Kripsy Kreme over expired ingredients

NIGERIA- National Agency for Food and Drug Administration and Control (NAFDAC) and Consumer Protection Council (CPC) have shut down Kripsy Kreme Doughnuts confectionary in Victoria Island, Lagos over use of expired fillings and imposed expiry dates, BBC reports. The move was announced after NAFDAC and CPC visited the premises to conduct a quality inspection on their…

Tongaat Hulett shareholders reject remuneration policy as CFO steps down

SOUTH AFRICA - The complementary sugarcane and maize feedstocks company, Tongaat Hulett’s shareholders have voted against a non-binding advisory resolution endorsing the company’s remuneration policy at its Annual General Meeting. Meanwhile, CFO Murray Munro who joined the group in 2003 has stepped down due to health reasons but will remain as an employee of the…

Winners and category entries announced for the Africa Food Industry Excellence Awards

KENYA - The winners of the individual honorary awards and the contestants for the competitive categories at the Africa Food Industry Excellence Awards 2018 have been announced. The individual winners of the honorary Awards categories are some of the most outstanding investors and industry managers from 6 countries in Eastern and Southern Africa, while almost…

UK firm Duet invests US$50m for a majority stake in Ajeast Nigeria

NIGERIA - UK based private equity firm Duet Private Equity (DPEL) has invested over US$50 million in AJEAST Nigeria Ltd, a Sub-Saharan Africa subsidiary of AJE Group, a multinational beverage company. According to the group, a significant share of the investment was allocated as growth capital and will aid in expanding its presence in Nigeria.…

Clover shares grow on expected increase in headline earnings

SOUTH AFRICA - The branded foods and beverages group, Clover Industries said it expects its headline earnings a share to increase by between 207.13% and 227.13% for the year to June, IOL reports. Following the announcement, its share price jumped by 2.14 % to $1.36 a share, from the previous price of $1.33. The release…