Japanese consortium to fund Kenyan small-scale sorghum processors

KENYA – A consortium of private firms from Japan have rolled out an initiative to equip and fund Kenyan small scale processors to add value to sorghum in efforts to boost uptake of the traditional […]

AfDB calls for more investments in Africa’s food markets to enhance food security

AFRICA – The African Development Bank (AfDB) has called on governments across Africa to invest in food markets in order to enhance food security in the continent. Speaking during the 7th Tokyo International Conference on […]

US strikes trade deal with Japan on agriculture, industrial tariffs and digital trade

FRANCE – The United States and Japan announced a new trade agreement at the G-7 summit in France that will focus on agriculture, industrial tariffs and digital trade. U.S. President Donald Trump said the deal would […]

Biotech crops presenting a solution to nutrition and climate change challenges; ISAAA report

JAPAN – Countries across the world have progressively embraced the utilisation of biotech crops, with this year marking 23 solid years of continuous biotech crop adoption. According to a recent report released by the International […]

Ajinomoto to acquire majority stake in US liquid seasonings producer MTG

USA – Japan based seasonings producer, Ajinomoto Group has signed a share purchase agreement to acquire a 50.1 percent equity stake in US-based French sauces and stocks producer More Than Gourmet Holdings (MTG). The agreement […]

Ajinomoto to invest US$84.9m in relocating Malaysian subsidiary

MALAYSIA – Japanese headquartered seasoning major, Ajinomoto will be investing US$84.9 million (MYR355 million) in relocating its Ajinomoto Malaysia Berhad (AMB) subsidiary to a new site in Bandar Enstek, Malaysia. Construction works for the new […]

Rwanda secures US$91m funding to enhance food security efforts

RWANDA – The government of Rwanda has secured a US$91 million (Rwf83bn) funding from Japan to supplement the country’s effort to tackle malnutrition, reports New Times Rwanda. The agreement was signed between Rwanda’s Minister of […]

Japanese Brewer Kirin to acquire stake in health food maker Fancl for US$1.22bn

JAPAN – Kirin Holdings, Japan’s second-largest brewer says that it will spend US$1.22 billion (129.3 billion yen) to purchase a 30.3% stake in cosmetics and health food maker Fancl. The investment is part of Kirin’s strategy of […]

Nestlé Japan to replace KitKat plastic wrappers with paper packaging

JAPAN – Nestlé Japan has announced that it is launching recyclable paper packaging for its KitKat products in  part of its initiative to make 100% of its packaging recyclable or reusable by 2025. Japan is […]

Japanese company Nagase Group completes acquisition of ingredient maker Prinova

JAPAN – Nagase Group, a Japanese chemical trading firm has completed the acquisition of US based food ingredient manufacturer and distributor, Prinova Group. The acquisition of Prinova, which has 15 distribution centres around the world, […]