Africa Food Industry Excellence Awards

The Africa Food Industry Excellence Awards celebrate the very best new products, projects and initiatives; and outstanding individuals in the food, beverage and milling industry in Africa. Through a competitive process judged by some of the most outstanding industry veterans, the Awards aim at boosting innovations and excellence in the region's food industry. The 2018…

Kenya’s sugar production increases by 45% on increased supply

KENYA – Kenya’s sugar production has increased by 45% in the past nine months due to increased supply of sugarcane by farmers to sugar processing plants, according to a monthly report by the Sugar Directorate. The quantities produced have increased from 284,036 last year to 411,567 tonnes between the months of January and October this…

Simbisa Brands appoints new managing director for Kenyan operations

KENYA – Simbisa Brands, Zimbabwe’s largest fast food restaurant has appointed Salim Eceolaza as the new managing director of its quick service restaurant operations in Kenya, reports Business Daily. Mr Eceolaza, a Zimbabwean national, has been serving as the fast food chain’s group finance director and will succeed Mrs Katija Berlee. “We congratulate him on his…

Ascent Capital seeks US$120 million for East African businesses

KENYA (BLOOMBERG) - Ascent Capital Africa plans to raise $120 million for its second fund that will invest in mid-sized companies across East Africa, where domestic demand is expanding. The private-equity firm is the latest to tap into surging investor interest in the region.  Centum Investment Co., Kenya’s second-biggest publicly traded investment company, is planning to…

New date for AFMASS FoodTech Conference and Expo in Tanzania announced

KENYA – The organizers of Africa Food Manufacturing and Safety Summit (AFMASS) have announced a new date for the AFMASS Foodtech Conference and Expo Tanzania edition, which will now take place on March 28-29,2019 in Dar es Salaam, Tanzania. The AFMASS FoodTech Conferences & Expos are events that aim to impart the technical skills, ideas…

Kenya Meat Commission suspends over 60 staff on a go-slow fiasco

KENYA - The Kenya Meat Commission (KMC) has suspended over 60 workers from its Athi River based factory for allegedly participating in a work go slow that had seen the slaughter operation in the factory impaired, reports the Kenya News Agency. The commission through the Managing Commissioner, James Ole Serian issued an interdiction letter to…

Dutch fund DOB Equity acquires stake in Kenyan macadamia and agro-firm

KENYA – DOB Equity, the Dutch, family-owned and private equity fund has acquired an unknown stake in Kenyan based agro-processing company Ten Senses Africa for an undisclosed sum. According to a Business Daily report, the impact fund will help in the company’s expansion of its processing capacity as well as in financing and launch of…

Kenya’s milk production rises 6.7% on favourable weather conditions

KENYA – Kenya has recorded a 6.78% increase in milk production between the months of January 2018 to October 2018 as compared to last year attributed to favourable weather conditions during the period under review, reports Business Daily. This is equivalent to an increase to 517.6 million liters from 484.3 million liters recorded in the…