Cormart Nigeria inaugurates caramel plant to boost production capabilities

NIGERIA – Cormart Nigeria, a chemicals and raw materials company, has commissioned a new caramel plant to boost supply to the food and beverage sector. The plant, located at its factory in the Lagos, has […]

Stock exchange suspends Tongaat Hulett listing awaiting financial probe

SOUTH AFRICA – The Johannesburg Stock Exchange (JSE) has suspended South Africa’s diversified agribusiness firm, Tongaat Hulett’s shares from the bourse as well as the London Stock Exchange, where the company has a secondary listing. […]

Taste Holdings to roll out more stores under new turnaround strategy

SOUTH AFRICA – Taste Holdings, South Africa’s licensed operator of Starbucks Coffee and Domino’s Pizza, has unveiled plans of opening more outlets as part of its strategy to lift the company’s balance sheets. According to […]

Nestlé partners with AGRA to support young agriculture entrepreneurs in West Africa

WEST AFRICA – Nestlé Central and West Africa (CWA) and the Alliance for a Green Revolution in Africa (AGRA) have launched a new joint initiative aimed at catalysing development of agri-food businesses in West Africa […]

Nigerian Breweries receives international quality awards at Monde Selection

NIGERIA – Nigerian Breweries Plc received three Gold Quality Awards of its brands during the recently held Monde Selection Awards in Rome, Italy. During the 58th Annual Awards Ceremony of Monde Selection, the beverage manufacture’s […]

Kenya’s Sony Sugar seeks US$4m to revitalise operations as production declines marginally

KENYA – The Sony Sugar Company, a state–owned sugar milling firm, is seeking US$4 million (KShs400 million) to turn around the company’s fortunes after plunging into financial problems resulting to 45% decline in production. The […]

Ocado unveils US$21.6m investment in vertical farming, forms joint venture

UK – Ocado Group has announced that it is investing about US$21.6 million (£17 million) in vertical farming as it aims to become a leader in sustainable vertical farming. The company which is one of […]

Canadian grain company Parrish & Heimbecker plans new input facility

CANADA – Canadian grain company, Parrish & Heimbecker Ltd (P&H) has unveiled plans to build a new crop input and grain facility in Dugald, Manitoba, Canada. The facility will include 25,000 tonnes of grain storage, […]

USDA investigates genetically engineered wheat spotted in Washington

USA – the Animal and Plant Health Inspection Service (APHIS) of the U.S. Department of Agriculture (USDA) has said that it has discovered genetically engineered (GE) wheat plants growing in an unplanted agricultural field in […]

Canada to ban single-use plastics in 2021 to tackle pollution

CANADA – The Canadian government has unveiled plans to impose a ban on single-use plastic items such as bags, straws, cutlery in an effort to tackle the challenges brought about by environmental pollution. According to […]