Flour Mills Nigeria enters partnership with DowDuPont for maize hybrid development

NIGERIA - Flour Mills of Nigeria PLC, one of Nigeria’s leading food and agro-allied companies and Corteva Agriscience, Agriculture Division of DowDuPont have entered into partnership for maize hybrid seed development in Nigeria. According to the company, this move reiterates the commitment of Flour Mills of Nigeria Plc (FMN) to be a catalyst in the…

Campbell Soup’s CEO Denise Morrison retires abruptly

USA - US soup maker Campbell Soup has announced that its CEO Denise Morrison abruptly decided to step down effective today and she has been replaced by Keith McLoughlin, who joined the company's board in 2016, as CEO on an interim basis. In a statement Campbell Soup, maker of V8, Pepperidge Farm, Pop Secret and…

CDC and Standard Chartered Bank announce investments in Zimbabwe’s agric business

ZIMBABWE - CDC Group plc (CDC), the UK’s development finance institution, and Standard Chartered Bank have announced an investment facility that will lend up to US$100 million to growing businesses in Zimbabwe. According to CDC, this risk-sharing agreement provides much needed foreign currency capital for local businesses, allowing them to grow, create jobs and improve…

2 Sisters appoints Ronald Kers as new CEO

UK - 2 Sisters Food Group, Birmingham based privately owned food manufacturing company, has appointed former global CEO of Muller, Ronald Kers as its new Chief Executive Officer effective 1 June 2018. He joined Muller in January 2017 as UK CEO, combining periods of service from Nestle SA where he joined in 2003 responsible for…

Chr. Hansen reveals probiotic strain that protects from painkillers’ effect

DENMARK - Chr. Hansen A/S, the global bioscience company has completed a clinical trial using a carefully selected probiotic strain that protects the gut against side effects caused by painkillers. The company said the trial which used capsule endoscopy to reveal GI damage, has reached both the primary and secondary end-points of trial indicating ability…

Cadbury Nigeria unveils stakeholders training to promote healthy living

NIGERIA - Cadbury Nigeria has unveiled training of its stakeholders to build on its recently launched healthy lifestyle programme to promote healthy living among children and adults, reported the Guardian. The project aims to inculcate healthy habits in children and in the long run improve the wellbeing of Nigerians. In partnership with Helen Keller International…

Nestle launches global initiative to enhance healthy living in children

SWITZERLAND - Nestle SA has launched a global initiative 'Nestlé for Healthier Kids’ that will see it develop healthier and nutritious products with an aim to help 50 million children lead healthier lives by 2030. The engagement also includes advising families on nutrition and health while accelerating Nestle’s transformation of its food and beverage portfolio worldwide.…

Kellogg’s exits Venezuela placing blame on country’s ‘economic crisis’

USA - The US-based multinational food manufacturing company, Kellogg’s has announced it has pulled out of Venezuela citing the country’s economic hard times that were characterized by hyper-inflation and strict price controls. According to FoodBev, the company’s product distribution in Venezuela had been suspended and the license agreement for the use and commercialization of its…

Arla Foods Chairman Åke Hantoft set to retire in July

UK - Arla Foods, an international dairy company, has announced the retirement of its Chairman Åke Hantoft, set to happen in July, further to a prior announcement made on December 2017. According to the company, the Chairman of Arla Foods amba, Åke Hantoft, has announced that he has agreed to the sale of his dairy…

WHO unveils new plan to eliminate use of trans fats in food

USA - The World Health Organisation (WHO) has unveiled a new plan to eliminate the use of trans fats, calling for the gains made against the harmful acids in richer countries to be spread worldwide. Industrially produced trans-fatty acids, such as margarine and some hardened vegetable fats, are popular among food producers because they are…