India’s food delivery firm Swiggy acquihires AI start-up

INDIA – Online food delivery platform, Swiggy has acquihired artificial intelligence (AI) start-up, to boost its computer vision technology and consumer experience, reports ET. According to Dale Vaz, Head of Engineering and Data Sciences […]

South Africa’s Clover Industries receives US$359m buyout bid

SOUTH AFRICA – The Johannesburg Stock Exchange (JSE) listed branded foods and beverages company, Clover Industries has received a buyout offer from investors for a cash consideration that values the company at US$359.88 million. The […]

Standards Organisation of Nigeria develops new standards for indigenous foods

NIGERIA – The Standards Organisation of Nigeria (SON) in collaboration with other institutions has developed five new standards on indigenous foods as it seeks to promote the government agenda on economic diversification through agriculture. The […]

Pizza Hut Ethiopia launches first exceptional gender empowerment outlet

ETHIOPIA – American pizza chain, Pizza Hut, has launched its first ever women-operated restaurant in line with its gender empowerment ambitions through the Ethiopian Business, reports Addis Standard. Speaking during the launching event at Century […]

Nigeria set to be leading maize producer in Africa, says Agbiz

NIGERIA – Nigeria is poised to become the leading maize producer in Africa, surpassing the largest maize producer, South Africa during the 22018/2019 production season. This is according to Wandile Sihlobo, an agricultural economist at […]

South Africa’s Bonnievale Wines, Wandsbeck strike US$22.4m merger deal

SOUTH AFRICA  –  Wine producing companies Bonnievale Wines Cellar Group and Wandsbeck Wines announced that the two entities will merge into one winery to be known as Bonnievale Wine Cellar reports Fin24. According to a […]

Kenya’s Indo Power Solutions wins bid to purchase US$180m worth Tanzanian cashew nuts

Tanzania – Kenyan registered firm, Indo Power Solutions Ltd has entered into an agreement with the Tanzanian government to purchase 100,000 tonnes of cashew nuts valued at $180.2 million. This comes a few days after […]

CBH Group receives second largest harvest on record at 16.4 million tons

AUSTRALIA – Leading Australian grain merchant, CBH Group has completed its second biggest harvest on record with 16.4 million tonnes of grain received across the CBH network during the 2018-19 season. According to CBH General […]