Ugandan government to invest US$6.24m in Mabale tea factory

UGANDA – The government is set to invest US$6.24 million (UGX23 billon) in Mabale tea factory to revive operations of the company. According to Finance Minister, Matia Kasaija the government will invest the proceeds in […]

Diageo to invest US$220M in sustainability projects in African breweries

AFRICA – Diageo, the world’s leading spirits maker has pledged to invest US$220million in green energy and water recovery solutions at 11 of its African breweries. The investment, which represents the company’s largest environmental investment […]

Uganda’s Standard body closes sachet-filling machines from 37 alcohol manufacturers

UGANDA – The Uganda National Bureau of Standards has closed over 167 sachet-filling machines from at least 37 alcohol-manufacturing companies as part of enforcing the government’s ban on alcohol sold in sachets. The government through […]

East African Breweries reports 57% jump in full-year profits to US$115m

KENYA – The East African Breweries Limited (EABL) posted a 57.34 per cent growth in net profit to US$115 million (Sh11.5 billion) for the year ending 30th June 2019. The company’s performance was boosted by a […]

Kenya halts maize imports plans from Mexico, turns to regional market

KENYA – The Ministry of Agriculture in Kenya has halted importation of 11.1 million bags of maize from Mexico and will instead be importing the commodity from Common Market for Eastern and Southern Africa (COMESA) […]

Uganda to introduce new regulation for coffee farming to boost quality and output

UGANDA – The government of Uganda through the Uganda Coffee Development Authority plans to introduce a new law to regulate coffee farming in a drive to boost quality and output. The new National Coffee Bill, […]

AFMASS FoodTech – Rwanda edition

AFMASS FoodTech Conference & Expo – Rwanda edition is the first conference and exhibition targeted at the food & beverage and milling industry in Rwanda and the Great Lakes region (Uganda, Burundi, South Sudan and […]

Uganda partners with Commonwealth in developing new guidelines for the fishing industry

UGANDA – The Uganda National Bureau of Standards (UNBS) with partnership funding from the Commonwealth Standards Network has developed new guidelines to streamline the country’s fishing industry. According to UNBS, the new guidelines outline basic […]

Makerere University initiates Phase II of food tech and business incubation centre

UGANDA – Makerere University has initiated construction of Phase II of the Food Technology and Business Incubation Centre (FTBIC) valued at a total investment of US$4.06 million (UGX20bn). The facility will be set up in […]

Private equity fund unveils US$9.19m to support agribusinesses in Uganda

UGANDA – The Yield Uganda Investment Fund, an European Union (EU) backed agribusiness impact fund has injected US$9.19 million (UGX34bn) into Uganda’s agribusiness sector. The new financing follows the joining of Soros Economic Development Fund, […]