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 […]

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. […]

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, […]

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 […]

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. […]

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 […]

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 […]

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. […]

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 […]

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. […]