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 […]

Nigeria’s agro-allied conglomerate SONA opens new water treatment plant

NIGERIA – SONA Group of industries, a Nigerian and diversified conglomerate has inaugurated effluent treatment plants to serve its food and beverage divisions, reports Beverage Industry News. The treatment plants were inaugurated in four of […]

Nigeria’s International Breweries appoints Richard Rivett-Carnac as Director

NIGERIA – International Breweries Plc, the Nigerian subsidiary of Anheuser-Busch InBev (AB InBev) has announced the appointment of Mr Richard Rivett-Carnac to its Board as a Non-Executive Director. Mr. Rivett-Carnac replaces Phillip Redman who recently […]

South Africa’s wine exports records 4% growth as revenues hit US$700m

SOUTH AFRICA – South Africa posted a 4% increase in wine exports in 2018 generating US$700 million (R9.6 billion) despite declined production by wineries following the low yielding harvests due to regional drought, reports Business […]