FSSAI to release traffic light food labeling rules for public consultation

INDIA – The Food Safety and Standards Authority of India (FSSAI) is set to release draft on food labelling regulations including traffic light labelling rules for public comments. According to an agency official identified by FoodNavigator, the draft of the Food Safety and Standards (Labelling and Display) Regulations, 2018 is still at the stakeholder-debate phase.…

KBL invests US$39.72m in new brewer’s effluent treatment plant to boost efficiency

KENYA – The Kenya Breweries Limited, subsidiary of the East African Breweries Limited, is investing nearly US$39.72 million in an effluent treatment plant to boost production efficiency at its upcoming Kisumu plant. The three-phase wastewater treatment is part of the firm’s efforts to contribute to reduction of runaway pollution of Lake Victoria’s Winam Gulf. According…

Ghana’s cocoa regulator secures US$300m facility to boost cocoa production

GHANA - The Ghana Cocoa Board (COCOCBOD), the cocoa regulator in the country has signed a new 3-year receivables-backed trade finance facility of US$300m that aims to boost Ghana’s cocoa production. According to a report by GhanaWeb, the facility will be used to refinance Cocoa Bills raised by Bank of Ghana on behalf of COCOBOD…

Ghana’s seafood and fish products imports up US$ 311.4m on increasing demand

GHANA - Ghana’s fish and seafood imports in 2018 grew to about US$ 311.4 million on account of increasing demand and dwindling fish stocks. According to a recent report by the Global Agricultural Information Network (GAIN), of the United States Department of Agriculture, the country imported an estimated 370,000 MT in during the period. The…

Guinness Nigeria launches new Premium lager beer to grow its portfolio

NIGERIA - Guinness Nigeria Plc, a subsidiary of Diageo Plc, has launched a new premium lager beer the ‘Guinness Gold’ into the local beer market. The company describes Guinness Gold as a beer that brings a rich, amber gold, great flavour and great taste to discerning Nigerians who expect more from their lager beer experience,…

Zimbabwe’s Simbisa Brands doubles half-year profits amid tough economy

ZIMBABWE – Simbisa Brands Limited, Zimbabwe’s largest fast-food group, has posted an increase in profit after tax of US$16.5 million during its six months to 31st December 2018, up from US$7.9 million posted in the previous period. The Zimbabwe Stock Exchange-listed quick service operator’s revenue for the period under review increased 44% to US$143.2 million…

ibert seeks establishing biogas plants in South Africa’s abattoirs

SOUTH AFRICA - ibert, a company which converts bio-waste into energy in South Africa, has a put forth a business proposition to South Africa’s abattoirs to set up biogas plants as a means of resolving animal waste disposal, reports Business Day. Otto Hager, Chief Executive Officer and founder ibert, said that the through the investment,…

World Bank launches US$25m project to support Liberian farmers

LIBERIA -  The world bank has approved a US$25 million International Development Association (IDA) credit set to benefit over 17,500 smallholder farmers through Smallholder Agriculture Transformation and Agribusiness Revitalization Project (STAR-P) of Liberia. The Daily Observer reports that the funding is aimed at facilitating increased productivity of smallholder farmers for commercial purpose through the STAR-Project.…