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 Ltd and UAC Foods Limited, has appointed Mr Folasope Babasola Aiyesimoju new Group Managing Director/Chief Executive Officer. According to a […]

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 it is in talks with potential investors for the sale of its equity in Dairibord Malawi (Private) Limited (DML). Dairibord, […]

Kenyan consumer goods manufacturer Bidco launches new energy drink

KENYA – Bidco Africa Group, a consumer goods manufacturer headquartered in Kenya, has launched a new energy drink ‘Reaktor’ as it seeks to tap into the fast growing Kenyan energy drink market. According to the […]

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 beer manufacturer, United Breweries, expanding its reach in the country’s beer market. Heineken has purchased 7,400,000 shares of United Breweries […]

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 the establishment of a meat processing plant in the country. According to a report by the IPP Media, the investment […]

European Commission selects 5 reference laboratories to promote plant health

EUROPE – The European Commission has chosen five centers as its first European reference laboratories (EURLs) in the field of Plant health. These include four consortia and one laboratory, which have been designated to support […]

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 Limited, reported a 23% growth in net profit during its 2018 financial year. The manufacturer and supplier of glass bottles […]

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’ fermentation facility in the US to expand its capacity in probiotics production. Located at DuPont Rochester, New York facility, DuPont […]

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 a lower wine grape harvest this year due to a prolonged drought that has continued to devastate the industry. Vinpro, […]

FSSAI eases higher yeast count restriction rules on craft breweries

INDIA – The Food Safety & Standards Authority of India (FSSAI) has said it will allow craft breweries to continue making beer with higher yeast content, reversing the yeast count restrictions imposed earlier in February. […]