Kenya partners German firm BASF in potato post-harvest reduction project

KENYA – Kenya has partnered German chemical firm BASF in a project that seeks to address post-harvest losses of potato experienced by farmers in the country. The trial project will be spearheaded by the Kenya […]

South Africa’s retailer Shoprite reports half-year sales growth to US$5.47bn

SOUTH AFRICA – South Africa’s leading retailer, Shoprite reported growth in sale of merchandise to US$5.47 billion, a 0.2% increase, during its half year period ending 30th December 2018 while trading profit fell 15% to […]

Strong, inclusive and empowering partnerships key to world’s food security, says CABI

BOTSWANA – Centre for Agriculture and Bioscience International’s (CABI) Director General Development, Dr Dennis Rangi has, called for strong, inclusive and empowering partnerships in tackling the worlds food crisis. Speaking during CABI’s African Regional Consultation […]

Zimbabwe grain millers mull contract farming to boost production

ZIMBABWE – The Grain Millers Association of Zimbabwe (GMAZ) has unveiled plans of venturing into a contract farming scheme with an aim of increasing the country’s wheat output. According to a report by NewsDay, the […]

Ethiopian farmers invest US$2.46m in new edible oil processing plant

ETHIOPIA – The Tsehay Farmers’ Cooperative Union, an Ethiopian farmers’ based union, has invested US$2.46 million (70 million birr) in setting up a new edible oil processing plant in Amhara Regional State. The processing plant […]

Ethiopia agrees to buy 400,000 tons of wheat from Bunge, ADM and Amropa AG

ETHIOPIA – The Government of Ethiopia has reached an agreement with three companies; Bunge SA, Amropa AG and Archer Daniels Midland (ADM) Co. in the supply of 400,000 metric tonnes of wheat. According to a […]

Olam acquires Indonesia’s largest cocoa processor BT Cocoa for US$90m

INDONESIA – Agribusiness giant, Olam International has bought 85% stake in YTS Holdings Pte Limited, the parent company of Indonesia’s largest cocoa processor, BT Cocoa for a consideration of US$90 million. According to Olam, the […]

Swiggy’s parent invests US$4.3m in ready-to-cook food startup Fingerlix

INDIA – Bundl Technologies, the parent company of online food ordering restaurant chain, Swiggy has invested US$4.37 million (Rs 31.2 crore) in a ready-to-cook food delivery startup, Fingerlix. According to filings with the Registrar of […]

Irish food safety authority develops DNA scanning tool to fight food fraud

IRELAND – The Food Safety Authority of Ireland (FSAI) has developed a new DNA scanning tool that identifies the entire DNA content of food with an aim to fight food fraud. The tool can identify […]

Amazon appoints former Pepsi CEO Indra Nooyi to company board

USA – Ecommerce giant, Amazon has appointed Indra Nooyi, former PepsiCo Inc. Chief Executive Officer to company Board of Directors, making her the fifth woman on Amazon’s eleven-member board. She is also the second woman […]