FSSAI partners with US biotech firm to improve food testing capabilities

INDIA – The Food Safety and Standards Association of India (FSSAI) has partnered a United States biotechnology firm, Thermo Fischer Scientific, in a move that seeks to improve food quality and safety by enhancing food […]

BigBasket to invest US$100m in strengthening supply chain in expansion strategy

INDIA – BigBasket, India’s leading grocery retailer, is set to invest US$100 million (Rs 698 crore) in strengthening its supply chain by setting up vending machines and smaller distribution centres across various cities it operates […]

Cadbury Nigeria reports growth in revenue supported by increased sales

NIGERIA –  Nigeria’s beverage and confectionery manufacturer, Cadbury Nigeria Plc, has reported 32% growth in gross profits to US$6.68 million (N2.4bn) in the first quarter of 2019 driven by higher sales and lower finance charge. […]

Morocco’s cereal production to shrink 19% to 6.1m tonnes

MOROCCO – Morrocco is set to record a decline in major cereals production during the 2018-2019 production season with forecast projecting a 6.1 million tonnes harvest representing a 19% decline from the average production of […]

Nigeria tops US$272m global Kola nut industry as leading producer

NIGERIA – Nigeria has emerged as the global leading producer of Kola nuts accounting for 52% of the total worlds production, data from the Food and Agriculture Organisation, (FAO) reveals. Production of the high caffeine […]

Kenya Dairy Board engages stakeholders in refurbishing proposed regulations

KENYA – The Kenya Dairy Board (KDB) has partnered the Bright Dairy Farmers Group and Kenya Dairy Farmers Federation to revise the currently suspended draft dairy regulations as it seeks more engagements from stakeholders in […]

Packaging firm Ball commits to 100% renewable energy in N. America by 2021

USA – Ball Corporation, a provider of sustainable packaging solutions for beverage and food industry has announced that it is committed move to 100% renewable electricity in its North American operations by 2021. The company […]

ADM reports 40% dip in net earnings in Q1 as it restructures to drive growth

USA – Archer Daniels Midland (ADM) Company has reported a 40% decline in net earnings in the first quarter impacted by severe weather conditions in North America. The company began a series of accelerated business […]

FoodDrinkEurope welcomes adoption of new EU regulation on industrial trans fats

EUROPE – FoodDrinkEurope which represents Europe’s food and drink industry has welcomed the adoption of a new EU Regulation which sets a maximum limit on the use of industrial trans fats in foods. The new […]

Ingredion backs US-based biotech startup in series B funding

USA – Food and beverage ingredients provider, Ingredion has led investment in a San Francisco-based biotech start-up, Clara Foods, expanding its offering in plant-based proteins. Ingredion will partner with Clara Foods to globally distribute and […]