Delta Corporation reports subdued performance as lager sales slip 57%

ZIMBABWE – Delta Corporation, Zimbabwe’s largest beverage manufacturer, reported a decline in its performance for the first quarter ended 30 June 2019 on the back of declining sales. The company saw its lager beer volumes […]

Chandaria Group invests in Kenya’s food startup Savannah Brands

KENYA – Chandaria Group’s investment arm, Chandaria Capital, has invested in Kenyan food and beverage start-up, Savannah brands, as the first investor in the company’s seed funding round. Chandaria Capital backing marks and important milestone […]

Scotland based whisky producer earmarks South Africa as one of its top growth markets

SOUTH AFRICA – The Glenmorangie Company, a Scotland based premium whisky producer, has unveiled that it is targeting South Africa as one of its top 10 growth markets. The company’s new president and chief executive, […]

Cannabis company Coda Signature raises US$24.4m in Series A funding

USA – Coda Signature, a leading brand of premium, cannabis-infused edibles, topicals and concentrates has closed US$24.4 million Series A funding round led by Granite Hall Partners. The funding round which looks to accelerate expansion […]

Food majors sign on WWF’s new activation hub to tackle plastic waste

SWITZERLAND – The World Wildlife Federation (WWF) has launched a new activation hub called ReSource: Plastic that aims to offer guidelines in tackling plastic waste and pollution across the globe. Global food and beverage manufacturers […]

Coca-Cola, PepsiCo, Danone among founding members of China Food Tech Hub

CHINA – China-based startup accelerator and venture capital firm Bits x Bites has launched the China Food Tech Hub, with Coca-Cola, PepsiCo, General Mills and Danone being among the ten founding members. Other members include […]

Zimbabwe’s Delta Corporation gets ISO quality management certification

ZIMBABWE – Delta Beverage Corporation Limited, a leading beverage manufacturer in Zimbabwe, has received the ‘ISO 9001-2015 Quality Management System’ certification for its Delta Technical Institute training centre. ISO 9001-2015 is the international standard that […]

Ghanaian government reaffirms commitment in supporting beverage industry

GHANA – The Ghanaian government through the ministry of trade and industry has said that it is committed to supporting small and medium beverage enterprises through incentives to boost their operations. Mr Robert Ahomka-Lindsay, deputy […]

Canada’s Growpacker gets backing to launch cannabis brand incubator program

CANADA – Canadian contract manufacturer of THC & CBD infused consumable liquids, dry goods, and health & wellness products, Growpacker has launched a new incubator programme to fast-track cannabis brands. Also participating in the programme […]

Coca-Cola launches new lemon-lime flavored Sprite Lymonade in the US

USA – The Coca-Cola Company has added a new variant to its Sprite range with the launch of a new lemon-line flavored soft drink, Sprite Lymonade in the United States. The new variant which will […]