Oceana fishing revenue grows 14% to US$549m as Daybrook operations pay

SOUTH AFRICA – Fishing group Oceana has more than tripled after-tax profits in the year to End-September, with revenues jumping 14% to US$549.11 million during the period. Total income for the year grew to US$78.41 million from US$23.87 million the year before while revenues from the group’s African operations increased 11%. The year was helped…

Africa’s agribusiness to reach US$1 trillion by 2030, industry experts

AFRICA – Africa’s agribusiness is projected to reach US$1 trillion by 2030 and this can be achieved through significant investments to unlock the industry’s potential, according to industry experts who attended the Africa Investment Forum held in South Africa. It was noted that there was need to invest US$45 billion per year to harness the…

Unilever endorsed as Certified Africa Top Employer for the fourth time

AFRICA - British-Dutch transnational consumer goods company, Unilever has been recognized as the number one Top Employer in Africa at the just concluded Top Employer Institute award ceremony held in Johannesburg, South Africa. According to ThisDay, this is the fourth time the company has been named number one Top Employer in Africa, highlighting its commitment…

AB InBev and SA Breweries invest US$30m in new production line

SOUTH AFRICA - Anheuser-Busch (AB) InBev Africa and South African Breweries (SAB) have invested US$30.92 million in a new production line launched at SAB’s Ibhayi Brewery in Port Elizabeth. This is the second line at the brewery, which was commissioned in 2001 with US$45.91 million in investment. According to Engineering News, the new packaging line…

Nestlé partners technology provider to increase nutritional awareness in East Africa

EAST AFRICA– Food and beverage company Nestlé has partnered Tembo Educationto deliver customised, nutrition-based curriculums to families across Kenya, through SMS and WhatsApp messages. The aim of the initiative is to help families provide their children with the best possible nutritional start in life by delivering information, tools and tips that could tackle malnutrition and…

ILRI calls for food safety improvement in low and middle-income countries

KENYA – The International Livestock Research Institute (ILRI), a Kenya based international agricultural research institute has called for the need of increased public investment and other policy attention on food safety in developing countries. Even though food safety is recognised as a major public health concern worldwide, developing countries are way behind in understanding or…

New AFMASS FoodTech Conferences & Expos to debut in Tanzania and Rwanda in 2019

EAST AFRICA– A new set of events with a focus on the food, beverage and milling industry in Africa have been unveiled, as the AFMASS series of events are set to expand to more countries in Africa from 2019. The AFMASS FoodTech Conferences & Expos cover the latest trends in processing, packaging, food safety and…

Kerry commits US$1.14m to improve food & nutrition security in West Africa

NIGER - The public food company, Kerry Group has unveiled a US$1.14 million (€1 million) commitment to improve food security, nutrition and the overall livelihoods in the Tahoua Region of Niger. The four-year project supported by Kerry Group, will be implemented by leading international NGO, Concern Worldwide and brings RAIN (Realigning Agriculture to Improve Nutrition)…

FoodBusinessAfrica.com grows, shifts to dedicated server to meet rising demand

KENYA– Africa’s leading food, beverage and milling industry website Foodbusinessafrica.com has over the last year received overwhelming growth in traffic, with a record 10.5 million hits and 650,000 visitors over the past year, thanks to the website’s dedicated and growing readership in Africa and across the world. The increased readership has necessitated the website to…

AB InBev partners Accenture to boost sales and distribution in Africa

AFRICA - The world’s largest brewer, AB InBev has entered into an agreement with a leading global professional services company, Accenture to boost its sales and distribution operations on the continent, reports MarketWatch. The three-year contract will see the implementation of the Accenture NewsPage Distributor Management System (DMS), a distributor management and sales force automation…