Fonterra recognizes high-performing farmers in new sustainability approach

NEW ZEALAND – The leading New Zealand’s dairy co-operative, Fonterra has unveiled a new sustainability approach which recognises farmers who strive to produce high-quality milk sustainably. Fonterra says the new approach will help equip farmers […]

Coca-Cola to launch Powerade sports drink in India to tackle competition

INDIA – Coca-Cola has announced that it is set to launch its global sports drink Powerade in India within the next two months to take advantage of the growing sports drink market. The drink, set […]

Mexico’s Arca Continental to invest US$681m in 2019 to boost production

USA – Arca Continental, Mexican bottler of Coca-Cola beverages has announced that it will be investing US$681 million (Ps. 13 billion) in 2019 to enhance production capacities. The investment is also expected to boost distribution […]

Ethiopia’s wheat production to increase as government unveils self-sufficiency plans

ETHIOPIA – Ethiopia’s wheat production is expected to increase hitting 4.6 million tonnes during the 2019-20 period as the government unveils plans to ensure the country becomes self-sufficient in wheat production. This is according to […]

Kevian Kenya secures US$10.93m credit facility from German wealth fund to facilitate expansion

KENYA – Kevian Kenya, a leading fruit juice producer in Kenya, has secured an additional US$10.93 million (Ksh 1.1 billion) credit facility from German sovereign wealth fund DEG to finance its expansion drive. This is […]

Nigeria’s Coca-Cola bottler bags global water stewardship certification

NIGERIA – Nigerian Bottling Company (NBC), the Coca-Cola franchise bottler in the country, has received the prestigious Alliance for Water Stewardship (AWS) certification becoming the first African bottling plant to receive the award. AWS is […]

UK’s AgDevCo invests US$3m in Rwandan milling firm to expand production capacity

RWANDA – United Kingdom (UK) based social impact investor, AgDevCo, has announced a US$3 million investment into Minimex Limited, Rwanda’s leading maize milling firm, to expand the production capacity of the firm. The investment is […]

GlaxoSmithKline Chairman Philip Hampton to step down amidst company split

UK – The British pharmaceutical and consumer goods company, GlaxoSmithKline (GSK) has announced that company chairman Philip Hampton will be stepping down from his role in the middle of a possible split of its business. […]

Zimbabwe’s grain millers reduces wheat supply target by 40% on increasing drought

ZIMBABWE – The Grain Millers Association of Zimbabwe (GMAZ) has reviewed the National Wheat Contract Farming Committee (NWCFC) target by 40% down to 90 000 tonnes citing depleted water supply for irrigation of the produce. […]