Equator Bottlers Limited appoints Josephat Kilungu as manufacturing manager

KENYA – Equator Bottlers Limited, a subsidiary of Coca Cola Beverage Africa, has appointed Josephat Kilungu as the manufacturing manager. Mr Kilungu holds a Master of Business Administration (MBA) in strategic Management from Kenyatta University as well as a Bachelors degree in Food Science and post-harvest Technology from Jomo Kenyatta University of Agriculture and Technology. In his new position he is expected to drive the soft beverage manufacturing plant into new heights owed to his diverse experience in the beverage sector across different countries. Mr Kilungu, who joined the beverage…

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Rwanda’s Bralirwa gains growth momentum as profits increase 42% to US$7.98m

RWANDA – Bralirwa Plc, a Rwandan beverage manufacturer, has reported a 42% growth in profits to US$7.98 million (Rwf7.2bn) in its 2018 financial year up from US$5.63 million (Rwf5.1bn) the beverage firm posted in 2017. Amidst the challenging operating environment that impacted on firm’s performance in the previous year, the Heineken NV’s Rwandan subsidiary managed to record an increase in sales volume by 14.6% to 1.79 million hectolitres. According to a New Times report, Bralirwa is currently estimated to control 75% of Rwanda’s beverage market owed to its strong favourable…

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Kenyan millers oppose government’s maize flour blending policy

KENYA – Grain millers in Kenya have opposed the government’s proposal to blend maize flour with other local grains in an effort to ease overreliance of maize, reports the Daily Nation. According to Munir Thabit, chief executive at Grain Industries Limited, the government’s blending policy, which aims at promoting use of sorghum, millet and cassava, is untimely and should allow for more consultations with all stakeholders before it is implementation. Mr Thabit cited that if the proposal sees the light, millers would in an untimely situation be forced to incur…

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Zimbabwe’s Silo Foods seeks US$55m in strategic partnership to improve operations

ZIMBABWE – Silo Foods Industries (SFI), which was recently unbundled from the Grain Marketing Board (GMB) of Zimbabwe, is seeking strategic partners to inject US$55 million to boost its operations. According to Daniel Maregedze, the company’s managing director, the capital injection is aimed at boosting the agro-processor’s production operations as well as modernise its operations. “What we are looking for is US$55million and RTGS 40million to boost our manufacturing facilities both in terms of our production output and modernisation. “This will improve on our efficiencies so that we can be…

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Nigeria’s Monument Distillers acquires Four Cousins wines distribution rights into local market

NIGERIA – Monument Distillers Nigeria Limited, the newly formed Nigerian unit of United Kingdom-based Kensington Distillers & Vintners Ltd, has unveiled that it has acquired the exclusive distribution rights for Four Cousins Wine in Nigeria. The Four Cousins Wine is among South Africa’s best-selling wine bottled wine brand, will add to the group’s growing portfolio which includes Bannerman’s Finest Scotch Whisky, Grace du Roi Fine Wines, Malfy Italian Gin as well as the Nigerian classic, 1960 Rootz. Commenting on the launch, Ajay Malhotra, Managing Director, Monument Distillers Nigeria Limited, said…

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Uganda, UK firms enter US$154.68m joint venture to boost agriculture sector

UGANDA – The ministry of agriculture in Uganda has entered into a joint venture with two United Kingdom-based agriculture firms that seeks to boost the agriculture sector through a US$154.68 million (UGX577.6bn) investment. Through the joint venture, Alvan Blanch Development Company and Colas Ltd will manufacture, supply, and install multiple post-harvest processing systems across the country to help boost crop production and post-harvest handling Speaking during signing of the deal, Vincent Ssempijja, Agriculture Minister, said the partnership will supplement already-initiated government programmes to help the private sector increase investment in…

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Competition grows as South Africa focuses on Chinese US$105m avocado market

CHINA – The Chinese avocado market has in recent years attracted major African producing countries as they seek to gain a share in the highly valued US$105 million market. Most recently, the Agricultural Business Chamber (Agbiz) in South Africa’s said that the country’s avocado industry should focus on tapping into the growing Chinese market to improve its growth prospects. Agbiz, which represents commercial farmers and agribusiness enterprises nationally, said the move will facilitate achieving export-led growth in agriculture an improve performance of the local avocado industry. According to a report…

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World grain production to increase 2% with more wheat harvests – IGC

WORLD – World total grains production in 2019/20 is projected to climb by 2% to 2.178 billion tonnes attributed to bigger harvests of wheat and barley, according to International Grains Council’s (IGC) Grain Market report. According to IGC, despite increased output, overall availabilities will edge only slightly higher owing to the smallest opening stocks in three seasons. Consumption is projected to hit a record high at 2.201 billion tonnes as uses in food, feed and industrial applications are expected to increase. “Amid record demand and only a minor supply expansion,…

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Zomato to invest US$8m in 20 new warehouses in India by 2020

INDIA – The Indian restaurant search and discovery service, Zomato has said that it plans to invest US$8.03 million (Rs 56 crore) in setting up 20 more warehouses across the country by 2020. The warehouses will be launched under its B2B platform, Hyperpure in 18 cities, starting from the top metros before moving to smaller cities as it looks to gain a bigger market share in the food delivery space. Zomato has launched its 40,000-sq ft warehouse in Delhi which is designed to supply 5,000 MT capacity per month and…

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UK-based dog food delivery startup Butternut Box raises US$19.4m

UK – Butternut Box, UK’s delivery startup for dog food has raised US$19.4 million (€17.4 million) in a new round of funding led by European venture capital firms Five Seasons Ventures and White Star Capital. Also participating in the investment round include existing backers Passion Capital and Literacy Capital. The company is looking to use the new funding to launch into Europe and establish a leading pet wellness business. Launched in 2016 by Kevin Glynn and David Nolan, Butternut Box makes dog food from meat, vegetables, lentils and minerals and…

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