AfDB to increase fish production in Africa by 5m tonnes by 2025

NIGERIA – The multilateral development finance institution, African Development Bank (AfDB) Group has announced it is targeting to increase aquaculture production in Africa by five million tonnes by 2025. Through its Technologies for African Agricultural […]

Kenyan University launches a US$3.98m food laboratory in a food fortification drive

KENYA – Jomo Kenyatta University of Science and Technology (JKUAT) has launched a food laboratory worth about US$3.98 million, to be used as a centre for monitoring and analysing the nutritional significance of foods, Business […]

Plastic recycler Extrupet to inject US$15m into economy to meet recycling goals

SOUTH AFRICA – Africa’s largest PET bottle recycler Extrupet has announced plans to inject US$14.99 million into South Africa’s economy to help meet recycling and job creation goals for the next five years. Plans by […]

COCOBOD to introduce organic fertilizer on cocoa farms

GHANA – The Ghana Cocoa Board (COCOBOD) has unveiled plans to introduce use of organic fertilizer on cocoa farms in another strategy to increase yields and cocoa production in the country. The fertilizers will help […]

Diageo invests in a new Guinness brewery in Maryland, USA

USA – Diageo, a British multinational alcoholic beverages company, has invested in a new Guinness brewery outside of Baltimore, Maryland which represents the first Guinness brewing operation on U.S. soil in more than 60 years. […]

Kelllogg attributes acquisition of Chicago protein bar RXBar for profits

USA – Kellogg’s, an American multinational food-manufacturing company, has attributed the acquisition of the Chicago protein bar RXBar for its continued sales reports. According to CNBC, Kellogg bought the River North-based company last fall for […]

Mitsubishi Corporation to acquire 80% stake in food manufacturer Gourmet Delica

JAPAN – Mitsubishi Corporation, Japan’s largest trading company, has announced plans to purchase an 80% stake of Gourmet Delica Co., Ltd. from its current owner Kewpie Corporation. Gourmet Delica manufactures pre-cooked rice and other delicatessen […]