UAC Nigeria Plc Appoints Folasope Aiyesimoju as new Group MD/CEO
NIGERIA – The United Africa Company of Nigeria Plc (UAC), parent company of Grand Cereals…
Day: April 1, 2019
Zimbabwe’s Dairibord in talks to sell its Malawi diary business
ZIMBABWE – Dairibord Holdings Limited Zimbabwe (DHL), a leading food and dairy processor, said that…
Kenyan consumer goods manufacturer Bidco launches new energy drink
KENYA – Bidco Africa Group, a consumer goods manufacturer headquartered in Kenya, has launched a…
Heineken buys 2.8% stake in United Breweries to grow Indian beer market
INDIA – The Dutch brewing company, Heineken has acquired a 2.8% stake in India’s leading…
Tanzania, Egypt ink pact on setting up meat and feed processing plant
TANZANIA – Tanzanian investors have entered into an agreement with Egyptian counterparts that will see…
European Commission selects 5 reference laboratories to promote plant health
EUROPE – The European Commission has chosen five centers as its first European reference laboratories…
Nigerian packaging group Beta Glass reports 23% growth in full year profits on strong growth in sales
NIGERIA – Beta Glass Plc, a Nigerian packaging group and subsidiary of Frigoglass Industries Nigeria…
DuPont completes construction of state-of-the-art probiotics facility in the US
USA – DuPont has announced that it has completed construction of a new state-of-the-art probiotics’…
South Africa’s wine grape harvest expected to hit new low since 2005
SOUTH AFRICA – Wine grape producers and cellars in South Africa are expected to receive…
FSSAI eases higher yeast count restriction rules on craft breweries
INDIA – The Food Safety & Standards Authority of India (FSSAI) has said it will…
Orkla Food to buy majority stake in Greek ingredients firm Kanakis
EUROPE – Orkla, through its fully owned subsidiary Orkla Food Ingredients AS has agreed to…
BigBasket secures US$150m funding led by South Korea’s Mirae
INDIA – India’s leading grocery retailer, BigBasket has raised US$150 million in funding led by…
Orkla buys Portugal health drinks and Swedish frozen foods businesses
EUROPE – Norwegian branded consumer goods company, Orkla has announced two acquisitions in Portugal and…