Ajinomoto to acquire majority stake in US liquid seasonings producer MTG

USA – Japan based seasonings producer, Ajinomoto Group has signed a share purchase agreement to acquire a 50.1 percent equity stake in US-based French sauces and stocks producer More Than Gourmet Holdings (MTG). The agreement […]

Del Monte Kenya reiterates commitment to promoting environmental and food safety

KENYA – Leading fruits processor in Kenya, Del Monte Kenya has reiterated its commitment in promoting environmental and food safety in its facilities and operations following a recent expose on river water pollution that was […]

Nestlé teams up with University of Ghana on scientific research

GHANA – Nestlé Ghana and the University of Ghana have signed a two-year renewable agreement aimed at enhancing scientific research and student practical study in relation to the food and nutrition value chain. The partnership […]

Barentz forms JV with SK Chemtrade to accelerate growth in South Africa

SOUTH AFRICA – Barentz International, a leading global ingredient distributor has formed a joint venture with South Africa headquartered raw materials supplier SK Chemtrade Services as it seeks to expand in the market. SK Chemtrade, […]

UK to institute new National Food Strategy as food systems review kicks off

UK – The UK government has launched a call for evidence to inform a major review of the food industry as its readies to set up a new National Food Strategy (NFS). The views will […]

Maple Leaf Foods chief financial officer to stepdown, launches search for successor

CANADA – Maple Leafs Foods, a major Canadian consumer packaged meats company, has announced that its Chief Financial Officer (CFO), Debbie Simpson has decided to leave her position effective November 1, 2019. The company, house […]

Hazel Technologies raises US$13m to expand food preservation solutions

USA – Hazel Technologies, a USDA-supported agricultural technology start-up, has raised US$13 million in Series B funding to expand its shelf life-extending solutions. Led by Pangaea Ventures and S2G Ventures, the Series B funding brings the […]

Stakeholders fault presidential directive on forex ban for food imports

NIGERIA – Following the recent directive by Nigeria’s President Muhammadu Buhari ordering the Central Bank of Nigeria to stop providing forex for food importation in the country, several stakeholders have called on the Government to […]

Rwanda secures US$91m funding to enhance food security efforts

RWANDA – The government of Rwanda has secured a US$91 million (Rwf83bn) funding from Japan to supplement the country’s effort to tackle malnutrition, reports New Times Rwanda. The agreement was signed between Rwanda’s Minister of […]

KitKat Chocolatory releases limited edition of rare volcanic chocolate bar

AUSTRALIA – Nestlé’s KitKat Chocolatory has released a new limited-edition range, KitKat Chocolatory Sublime Volcanic, made from one of the world’s rarest cocoas. The KitKat Chocolatory Sublime Volcanic is so named as the cocoa has been sourced […]