AB InBev’s Eagle Lager launches ‘Lima Nawa’ initiative to boost farmer productivity

NAMIBIA - Eagle Lager, a subsidiary of AB InBev has unveiled an initiative dubbed 'Lima Nawa' in the northern part of Namibia that aims at improving farmer productivity and provide a market for their yields. The world brewer is seeking to promote production and availability of the Eagle Lager in the local market while using…

Coca-Cola launches lemon-flavoured Schweppes +C targeting adults in Kenya

KENYA - Coca-Cola has launched a lemon-flavored carbonated drink, Schweppes +C which is enriched with vitamin C as looks forward to a new niche of mature and ‘health-conscious’ consumers, according to Business Daily. Bottled by the Coca-Cola Beverages Africa (CCBA) Nairobi-Kenya plant, Schweppes +C is a great tasting, sparkling beverage with added vitamin C targeting…

MatchaBar secures US$8m in Series A funding round to expand brand

USA - US beverage brand MatchaBar has secured US$8 million in a Series A funding round as it aims to rapidly expand its line of bottled and canned matcha drinks, according to FoodBev. Brothers Max and Graham Fortgang founded MatchaBar in 2014, creating a matcha café in New York. The brand launched a ready-to-drink version of its…

Tata Starbucks records first positive earnings with 28% increase in sales

INDIA - Tata Starbucks, a joint venture between the Tata Group and the American coffeehouse chain Starbucks has posted its first positive EBITDA after sales increased by 28%, almost doubling in the financial year 2018. According to ET Retail, improved sales were attributed to strong performance in in-store and new stores that were added this year.…

Nestlé Nigeria MD Mauricio Alarcon appointed second VP of NECA

NIGERIA - Nestle Nigeria Managing Director, Mauricio Alarcon has been appointed the second vice president of Nigeria Employers Consultative Association (NECA), Beverage Industry news has reported. Alarcon, charged with key roles in the governing council and management committee, was previously involved in the direction of the association for the past one year as a member…

EFSA to consider limits for kaurenoic acid, an impurity found in stevia

EUROPE - The European Food Safety Authority (EFSA) is considering a recommendation to the European Union to set limits for the kaurenoic acid (KA), an impurity found in stevia, a sweetener and sugar substitute. Last month, EFSA held a technical meeting with representatives from Cargill, International Stevia Council (ISC), Pure Circle, Coca Cola, Sweegen and…

Kenya’s premium tea brand Kericho Gold secures US$4m IFC financing

KENYA - Kericho Gold, a premium tea brand owned by Gold Crown Beverages, a subsidiary of Global Tea & Commodities Ltd has received US$4 million funding in loan from IFC meant to fund its expansion strategy in Kenya and Malawi, reported the Exchange. A statement from IFC said that Global Tea & Commodities Ltd, a…

Cadbury Nigeria to focus on growing market share for profitability

NIGERIA - Cadbury Nigeria Plc has said that it will focus on growing market share, expand and improve its distribution network as a way of achieving sustainable growth as delivering better returns to shareholders, reported the Vanguard Nigeria. As the company strives to retain its market share, the company’s chairman Mr Atedo Peterside noted that…

UK-based fitness brand TrueStart launches new range of cold brew coffees

UK - TrueStart, a UK-based fitness brand, has launched a new range of Cold Brew, Nitro, and Home Brew coffees to appeal to a growing millennial consumer base. According to FoodBev, the new range of coffees will overhaul the brand from a performance sports drink to an inspirational lifestyle brand, as it aims to appeal…

Koelenhof becomes first SA winery to produce white wine from red grapes

SOUTH AFRICA - Koelenhof Winery and Bottling is the first South African wine producer to make white wine referred to as cinsaut blanc from red grapes and also the first to use a fully automatic pressing cellar that only needs one man to operate. Business Day reported that the family run bulk wine producer presses 16…