IMCD acquires Monachem Additives to expand footprint in India

INDIA – IMCD, a leading distributor of speciality chemicals and food ingredients, has acquired full ownership of India based Monachem Additives to support the company’s expansion plan in the market. Monachem Additives operates in India […]

Nampak Zimbabwe reports growth amid unfavourable investment environment

ZIMBABWE – Paper and packaging giant, Nampak Zimbabwe says its capital expenditure projects remain curtailed after it suspended all credit extensions and capital injection by the major shareholder, reports the Chronicle. In a trading update […]

French investor Creadev acquires stake in Twiga Foods worth US$5M

KENYA – Creadev, a French-based investor, has acquired an undisclosed stake worth US$5 million (Sh500 million) at Kenya’s leading online grocery platform, Twiga Foods. Creadev is a global long-term investment firm wholly funded by the […]

IFAD partners with Rwanda in US$1.3m project to boost dairy sector

RWANDA – The International Fund for Agriculture Development (IFAD), in partnership with the Ministry of Agriculture in Rwanda have unveiled $1.3 million (Rwf1.1 billion) worth of equipment aimed at improving the dairy sector.   Through […]

Nestlé partners with AGRA to support young agriculture entrepreneurs in West Africa

WEST AFRICA – Nestlé Central and West Africa (CWA) and the Alliance for a Green Revolution in Africa (AGRA) have launched a new joint initiative aimed at catalysing development of agri-food businesses in West Africa […]

Viterra teams up with Canadian Foodgrains Bank to end hunger

CANADA – Canadian grain handling business, Viterra Inc has partnered with Foodgrains Bank, a member of the Humanitarian Coalition to end global hunger. The two are teaming up for the third year in a row […]

GEA builds instant coffee plant in Vietnam for Tata Coffee

ASIA – The German based food processing technology company has completed the construction of a new freeze-dried instant coffee plant in Vietnam for Tata Coffee Vietnam Company, a subsidiary of Tata Coffee Limited, India. The […]

Zambeef opens northern region distribution centre to improve efficiencies

ZAMBIA – Zambeef Products Plc, an integrated cold chain food products and agribusiness company in Zambia, has opened a new distribution and processing centre to serve the northern regions of the country. The newly established […]