Nestle Middle East releases new MAGGI soups for kids

MIDDLE EAST – Nestle Middle East, a transnational food and drink company, has released new MAGGI soups made solely with ingredients found in the kitchen cupboard, in drive to offer tastier & healthier choices to individuals & families. According to the company, the creamy potato and chicken pasta varieties developed to meet strict nutritional criteria…

Vegan brand Kite Hill secures US$40m in funding led by General Mills capital arm

USA - US vegan cheese and yogurt brand Kite Hill has secured US$40 million in funding led by 301 Inc, the venture capital arm of General Mills, to enable the brand to increase its capacity, invest in marketing, innovation and people to help fuel growth. Kite Hill – which makes plant-based yogurts, cream cheese-style spreads, soft…

McDonald’s India launches whole wheat buns in a nutritional foods offering

INDIA - A leading quick-service restaurant chain, McDonald’s India has introduced whole wheat buns in its restaurants to offer customers with wholesome and nutritious food offerings. According to an ET Retail report, the whole wheat buns will be available in burgers as well as other products on the breakfast menu. "McDonald's in India has been…

Nigeria’s retail and consumer goods company FoodCo opens new outlet in Ibadan

NIGERIA - Fast food, manufacturing and retail company, FoodCo Nigeria Limited has opened its latest store in Akobo, Ibadan, Oyo State expanding its footprints as at retail supermarket chain in the capital, with a total of seven outlets across the city. FoodCo was founded in 1982 and operates fresh foods category, and has grown to…

Simbisa Brands to open Chicken Inn branch in Gokwe, Midlands

ZIMBABWE - Simbisa Brands, fast-food restaurant operator of Chicken Inn plans to open a new outlet in Gokwe, Midlands following rising demand from customers at its Kwekwe branch, reports the Herald. The company is engaging relevant stakeholders and carrying out a feasibility studies on the market for the new outlet. The Gokwe outlet will also…

Cargill inaugurates new US$65m modern shrimp feed plant in Ecuador

USA - American agribusiness giant Cargill has inaugurated a new production facility for shrimp feed, with more than US$65 million investment in Guayaquil, Ecuador. According to Cargill, the new feed plant creates 150 new jobs and 500 related positions for local economy, improves aquaculture nutrition technology and services for the region. Described as the ‘world’s…

Unilever launches new probiotic-enriched ice cream brand

EUROPE – Unilever, a British-Dutch transnational consumer goods company, has launched a new probiotic ice cream brand called Culture Republick, which the company claims is the first premium ice cream containing probiotics. According to the company, the Culture Republick’s product range initially includes seven flavours, such as: Milk & Honey, Turmeric Chai & Cinnamon, Cold…

Danone reports 3.1% sales growth of US$7112m in nine-month sales report

FRANCE – Danone, a French multinational food-products corporation, has reported a 3.1% consolidated sales growth in first-nine months, with sales of US$7112 million. According to the company, for the three months ending September 30, 2018, consolidated sales stood at US$7.13 billion, up 1.4% on a like-for-like basis, with a 3.3% rise in value more than…

Real Foods appoints two new board members ahead of future listing plans

SOUTH AFRICA - The multi-brand food group, Real Foods has appointed two former JSE-listed company CEOs as new directors ahead of planned future listings, reports Business Day. Former Famous Brands CEO Kevin Hedderwick will join the unlisted holding company as new Group Strategic Director while Antony Ball, former Brait CEO has joined its board. Real…