Eastern Africa Grain Council pushes for pulse farming to boost food output

KENYA - The Eastern Africa Grain Council is seeking to promote farming of pulses such as beans, peas, green grams and lentils to boost food production in the region, reports Business Daily. EAGC said pulses take shorter periods and have higher returns compared to maize which has lately been threatened by pests including armyworms. “On…

Clover Industries in negotiations for potential acquisition

SOUTH AFRICA - South Africa’s largest dairy producer and branded foods company, Clover Industries has reported that it was in negotiations with a third party for its potential acquisition. Business Day reports that Clover’s share price rose by 13.55% to US$1.12 after the announcement was made. The group which also operates in branded foods and…

Molson Coors officially opens modern brewing facility in Canada

CANADA - Molson Coors, a multinational brewing company, has officially broken ground for the construction of company's most modern brewing facility and distribution centre to date. The project represents a major investment and a new chapter in the company's 230 plus years in Canada. This new brewery and distribution centre is a significant investment by…

Ferrero USA invests US$9m to expand New Jersey plant

USA - Ferrero USA, the global confectionery company known for brands such as Ferrero Rocher, Nutella, Tic Tac and Kinder Joy, announced the US$9m expansion of its industrial facility located in Franklin Township, Somerset, N.J. According to the company, its US debut in November 2017 of Kinder Joy surpassed all Ferrero and industry targets for…

Dr. Oetker to acquire majority stake in wine trader Belvini.de

GERMANY - Dr. Oetker, a German multinational company, has agreed to acquire a 60% majority stake in Belvini.de GmbH, one of the largest online wine traders operating in the German-speaking region. According to Dr. Oetker, it claims that Belvini’s portfolio of over 13,500 products from 800 importers and wineries from over 30 countries is the…

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…

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…

Roquette signs partnership with Equinom to develop high protein pea variety

USA - Roquette, a global leader in plant-based ingredients for Food, Nutrition and Health markets and a pioneer in new vegetal proteins, and Equinom Ltd., an innovative Israel based breeding technology company, have signed a partnership agreement for the development and sourcing of new pea varieties with high-protein content. According to the company, this is…

TasteTech launches new Gum Kit to help manufacturers create longer lasting chewing gum

UK – TasteTech, a leading manufacturer of controlled release flavourings and ingredients for the global food industry, has launched a new Gum Kit specifically designed to help chewing gum manufacturers create longer lasting chewing gum. According to FoodingredientsFirst, TasteTech offers creative solutions to the bakery, confectionery, chewing gum and nutrition industries with a range of…