Yamazaki Baking net sales grows 1.1% from strong performance in bread, rice and noodles

JAPAN - Yamazaki Baking Co., the Japanese leader in manufactured bread and baked goods showed improved net sales to US$9.84 billion in the fiscal year 2017, a 1.1% increase boosted by growth from the company’s processed bread, prepared rice and processed noodle. Strong performance from the bread and sweet buns contributed to a 1.3% increase…

Indomie maker buys two Dangote noodles plants for US$12m

NIGERIA - Dangote Noodles Limited, a unit of Nigerian company Dangote Flour Mills, has sold two production lines in Ikorodu and Calabar, to rival pasta maker De United Foods Industries, maker of Indomie Noodles. The transaction is valued at 3.75 billion naira ($12.26 million). De United said it has signed an agreement with Dangote Noodles…

Pasta & Noodles: Grabbing a share of the consumer’s plate in Africa

This article appeared in the November/December 2016 issue of Food Business Africa Africa provides the next growth market for pasta and instant noodles, driven by a growing population, cost and convenience. We review the hotspots of growth in Africa and seek ways to drive faster adoption in this product category.   Catherine, a young college…