USAID launches US$300m agribusiness investment initiative in Nigeria

NIGERIA – The United States Agency for International Development (USAID) has launched a US$300 million agribusiness investment initiative in Nigeria that seeks to promote private-sector investment in agriculture. Dubbed as the ‘Feed the Future Nigeria […]

Sweden packaging group to acquire Nampak’s Nigeria packaging business

SOUTH AFRICA – AR Packaging group has entered into a definitive agreement with South Africa’s Nampak for the acquisition of its Nigerian packaging business, Nampak Cartons Nigeria at an undisclosed amount. Nampak Cartons Nigeria, Subsidiary […]

Tanzania’s Bakhresa partners UK’s Nichlos Plc for local production of Vimto drinks

TANZANIA – The Bakhresa Food Products Limited, a Tanzania based food and beverage manufacturer, has partnered with Nichols Plc, United Kingdom based producer of Vimto drinks, in the production of the international brands locally. Mr […]

Nigerian government to set up cashew processing plants in four States

NIGERIA – The federal government of Nigeria has unveiled plans of setting up cashew processing plants in four states in the country in a bid to add value to the commodity and increase revenues. According […]

Seba Foods Malawi recalls soya product over quality concerns

MALAWI – Seba Foods Malawi Limited, a subsidiary of Vamara Group, said it has deployed a team to withdraw the ‘Golden Goodness Tasty Soya’ with the labels 061818A and 061218A from the market following quality […]

Agriculture research bodies partner to enhance food security in Zimbabwe

ZIMBABWE – Three key Agriculture based research institutes in Zimbabwe have agreed to join forces with an aim to explore opportunities in addressing food insecurity and tackling nutritional challenges facing the country. These include the […]

GrainCorp plans to demerge global malting business in portfolio review

AUSTRALIA – Australia’s grain and commodities supplier, GrainCorp has announced intentions to demerge its global malting business to form MaltCo to enable a more strategic focus on the division. The strategic portfolio review will see […]

India’s alcohol makers to include statutory warnings on liquor bottles – FSSAI

INDIA – The Food Safety and Standards Authority of India (FSSAI) has announced that alcoholic beverage makers will need to seek approvals from excise commissioners to adopt new labelling norms, including statutory warnings on liquor […]

Cargill appoints Joe Stone to lead global Agricultural Supply Chain

USA – The global agribusiness giant, Cargill has appointed Joe Stone to lead the company’s global Agricultural Supply Chain, effective June 1. Joe will succeed GJ van den Akker who has decided to retire as […]

Pernod Ricard sets sustainability goals, targets 100% recyclable packaging by 2025

FRANCE – The French spirits company, Pernod Ricard has launched ambitious sustainability roadmap, targeting to move to 100% recyclable, compostable, reusable or bio-based packaging by 2025. The 2030 Sustainability & Responsibility strategy sets out targets […]