Livelihoods Funds strengthen investments in Africa to promote sustainability

AFRICA – Livelihood Funds, an impact investment fund created by private investors, has announced that it will be investing in new projects to support sustainability across the continent. The group said that new projects seek […]

KBL invests US$39.72m in new brewer’s effluent treatment plant to boost efficiency

KENYA – The Kenya Breweries Limited, subsidiary of the East African Breweries Limited, is investing nearly US$39.72 million in an effluent treatment plant to boost production efficiency at its upcoming Kisumu plant. The three-phase wastewater […]

Kenya’s Limuru Tea bounces back to profitability as sales volumes grow

KENYA- Limuru Tea Plc, subsidiary of Unilever Tea Kenya Limited, reported a net profit of Sh2.54 million in its 2018 financial year as the firm continues to drive its business towards profitability. The Nairobi Securities […]

UK’s Kensington Distillers acquires 1960 Rootz spirits brand from AB InBev

NIGERIA – Kensington Distillers and Vintners Limited (KDV), the London-based beverage producer has acquired the 1960 Rootz flavored spirits brand from AB InBev’s Monument Distillers Nigeria. The acquisition includes the state-of-the-art manufacturing plant used to […]

Ghanaian government reaffirms commitment in supporting beverage industry

GHANA – The Ghanaian government through the ministry of trade and industry has said that it is committed to supporting small and medium beverage enterprises through incentives to boost their operations. Mr Robert Ahomka-Lindsay, deputy […]

Sealed Air partners Kuraray to increase capacity in plant-based food packaging

USA – Sealed Air Corporation, the American packaging company has partnered Kuraray, a Japanese supplier of specialty materials to invest in production of plant-based food packaging. The agreement will see Sealed Air increase its capacity […]

Cargill and Heifer launch global initiative to improve nutrition through poultry

USA – The global agribusiness giant, Cargill has joined forces with US based non-profit, Heifer International to launch a global initiative improve nutrition and bolster livelihoods among smallholder farmers. Dubbed Hatching Hope Global Initiative, the […]

Morrisons joins Arla UK 360 program to promote sustainable supply chain

UK – UK supermarket retailer, Morrisons has joined the Arla UK 360 farm standards program as part of the initiative to enhance sustainable practices across its entire supply chain. As a result of the commitment, […]

ADM proposes new board director, creates sustainability committee

USA – Archer Daniels Midland Company has announced that it has nominated Dr. Lei Zhang Schlitz to stand for election to the board at the company’s upcoming Annual Stockholders’ Meeting on May 1, 2019. The […]