Carrefour Kenya reassures consumers of meat quality as expose reveals unregulated use of preservatives

KENYA – Carrefour Kenya has reassured consumers across the country of consistent meat quality offered on its shelves affirming that it does not use preservatives to prolong the shelf life of meat. This follows an […]

Bidco Africa Group’s chief executive Thiagarajan Ramamurthy retires

KENYA – Bidco Africa Group, one of the leading consumer goods manufacturer in Kenya, has announced the retirement of Thiagarajan Ramamurthy as the company’s chief executive officer. A statement made by company’s Chairman, Vimal Shah, […]

Scotland based whisky producer earmarks South Africa as one of its top growth markets

SOUTH AFRICA – The Glenmorangie Company, a Scotland based premium whisky producer, has unveiled that it is targeting South Africa as one of its top 10 growth markets. The company’s new president and chief executive, […]

US based Corteva Agriscience launches operations in Zambia

ZAMBIA – Corteva Agriscience, a United States based agriculture company, has officially launched its operation in Zambia as it seeks to expand into the African agriculture sector. Corteva, which supplies crop protection technologies and seeds […]

Nigerian Breweries launches new Legend Extra Stout size to expand market

NIGERIA – The Nigerian Breweries (NB) Plc has introduced a new 45cl bottle of its leading stout brand, Legend Extra Stout, as it seeks to expand its market penetration. According to the Portfolio Manager, National […]

South Africa’s maize supply to last until 2020 – says Agbiz

SOUTH AFRICA – The Agricultural Business Chamber of South Africa (Agbiz) says that the country has sufficient maize supplies to last until April 2020, despite declining production in some producing areas. According to Wandile Sihlobo, […]

Flour Mills of Nigeria full year revenues decline 3.37% to US$1.45bn

NIGERIA – Flour Mills of Nigeria Plc, one Nigeria’s leading integrated food and agro-allied company, reported a 3.37% decline in revenue to US$1.45 billion (N524.41bn) for the year ended March 31, 2019 from  US$1.51 billion in […]

Namibia’s Tunacor Group invests in new solar powered fish processing facility

NAMIBIA – The Tunacor Group, Nambia’s largest fishing company is investing in a new solar powered horse mackerel processing facility in Walvis Bay. The 4 000 square metre facility will be fitted with solar panels […]

Meal-kit company Gousto raises US$38m funding to boost offering

UK – UK meal-kit company, Gousto has secured US$37.7 million (£30 million) in a new funding round led by a family-backed private equity investment firm, Perwyn. Perwyn joins other investors including Unilever Ventures, BGF Ventures, […]

Viterra introduces dynamic binning for barley to improve supply chain

CANADA – Canadian grain merchant Viterra is introducing dynamic binning for barley across its network for the 2019-20 harvest as part of the plan to improve efficiency in its supply chain. Growers will have the […]