Danone records sales growth in all units during second quarter

FRANCE – Danone posted a 2.5% increase in like-for-like sales in the second quarter as it was boosted by the performance of its baby food products in China. The company which owns brands such as […]

Sidel acquires French maker and designer of PET moulds COMEP

FRANCE – Sidel, leading global provider of PET solutions for liquid packaging has announced the acquisition of Cognac Moules Emballages Plastiques (COMEP), a French producer and designer of moulds for PET. The deal expands the […]

French grain cooperatives form export alliance to boost export

FRANCE – France’s agricultural cooperatives dealing in grain have formed a new export alliance in a bid to improve their competitiveness in the overseas grain market, reports Reuters. The joint venture comprising of three of […]

Sugary drinks, including 100% fruit juices associated with high cancer risk

FRANCE – A new study published in the British Medical Journal has associated ‘sugary’ drinks including 100% fruit juices with an increased risk of cancer. Carried out by a team of researchers based in France, […]

Carrefour agrees to sell stake in logistics property for US$326m

FRANCE – French multinational retailer, Carrefour has announced that it has agreed to sell the entire share capital of its logistics real estate property assets to property company Argan for 290 million euros (US$326 million). […]

OECD-FAO Agriculture Outlook: Higher output to keep food prices low

FRANCE – Growth in agricultural output is expected to keep food prices low over the coming decade, according to an annual report by the Organisation for Economic Co-operation and Development and the UN’s Food and […]

Cargill and InnovaFeed partner for sustainable animal feed solutions

FRANCE – Cargill has partnered with biotech company InnovaFeed to develop innovative and nutritious animal feed solutions using sustainable options such as insect protein. The companies, which are leading players in animal nutrition will collaboratively […]

French investor Creadev acquires stake in Twiga Foods worth US$5M

KENYA – Creadev, a French-based investor, has acquired an undisclosed stake worth US$5 million (Sh500 million) at Kenya’s leading online grocery platform, Twiga Foods. Creadev is a global long-term investment firm wholly funded by the […]

Insect protein firm Ynsect receives US$22m European Commission backing

FRANCE – Ynsect, French agri-tech innovator specializing in insect protein has received US$22.6 million (€20 million) worth of funding backed by the European Commission and the Bio-Based Industries Joint Undertaking (BBI JU). The funding will […]

Mars Petcare, Carrefour join Loop initiative to reduce single-use packaging

FRANCE – Mars Petcare has joined the Loop initiative, a new initiative launched by TerraCycle in collaboration with Carrefour to reduce single-use packaging. Loop™ Initiative is said to be the first e-commerce platform that aims […]