USAID, World Cocoa Foundation unveil US$2m fund to boost cocoa sector in Ivory Coast

IVORY COAST – The United States Agency for International Development (USAID) in partnership with the World Cocoa Foundation has announced a US$2 million fund to boost cocoa sector in Ivory Coast. Mark Green, USAID Administrator the funds will also facilitate empowering women to fully participate in the value chain outlining that the agency has in…

Muller invests in Milk & More delivery fleet to expand UK operations

UK – Dairy company, Muller has announced that it is set to invest in its milk delivery service, Milk & More by expanding its fleet of electric vehicles for more deliveries in the UK. The company said it is rolling out 160 new environmentally friendly electric delivery vehicles, taking its fleet to just over 500…

Barry Callebaut achieves traceability of a third of its global cocoa volume

SWITZERLAND – The Swiss cocoa and chocolate company, Barry Callebaut has said that it has established traceability for a third of its global cocoa volume, bringing it closer to achieving its ambitious cocoa sustainability goals. By 2025, the company aims to source 100% of the group’s ingredients sustainably by 2025. This commitment is supported by…

AfDB approves US$23m to support agribusinesses in eight African countries

AFRICA - The African Development Bank (AfDB) through the Board of Directors of the Agriculture Fast Track Fund (AFT) has approved US$23 million grant to support agribusiness Small-and-Medium- sized Enterprises (SMEs) in eight African countries. The fund will be used to finance agribusiness in Ghana, Burkina Faso, Ethiopia, Malawi, Mozambique, Nigeria, Senegal and Tanzania with…

Ethiopian industrial conglomerate invests US$1.64m in new flour milling plant

ETHIOPIA – The A.S.S.E.S. Industry Plc, an Ethiopian conglomerate, has invested US$1.64 million in establishing a modern wheat flour processing plant in Amhara Regional state, Ethiopia. Established on a 1,254 Square metre land, the new plant has a processing capacity of producing 82000 kilogrammes of wheat flour per day. According to Sema Melaku, assistant factory…

Zimbabwean government partners private investors to boost milk production

ZIMBABWE – The government of Zimbabwe is set to partner investors in the private sector to facilitate implementation of a comprehensive strategy that seeks to boost milk production in the country. The move is part of the government’s intervention to progressively reduce the 44.6 million litres milk supply deficit depicted in the country’s production of…

Kenyan online eatery EatOut partners Indian firm in expansion drive

KENYA – EatOut, a Kenyan based eatery discovery service has partnered DineOut, Indian firm in the launch of a regional restaurant platform dubbed as InResto as they seek to tap a wider market in the region. According to a report by Business Daily, the partnership will see EatOut launch the Dineout’s restaurant technology platform for…

Tanzanian research institution receives financial support to boost grape farming

TANZANIA –The Tanzania Agricultural Research Institute (TARI) has received US$130 000 (Tzs 297m) from the Tanzania Commission for Science and Technology (COSTECH) aimed at capacitating the institute to boost grape farming in the country. According to a Daily News report, the funds will see the research institution acquire modern research technology as well enable a…

ADM Wild expands natural colors range with new micronized powders

USA – Leading ingredients supplier, Archer Daniels Midland Company (ADM) has launched new micronized color powders made from coloring foodstuffs and paprika extract, expanding its WILD Rainbow Range. The new micronized color powders are made up of particles that are much smaller than conventional color pigments that increases their opacity. ADM says that these properties…

Nestle and Carrefour partner to offer full brand traceability using blockchain

FRANCE – Nestle and the French retail giant, Carrefour have partnered to use blockchain technology to offer full traceability of famous mashed potato brand, Mousline purée. Customers in France will be able to have full access to blockchain data for the product, enhancing transparency across the entire supply chain. Consumers can use their smartphone or…