Zambia forecast 16% decline in corn production to 2m tonnes

ZAMBIA – The Zambian government projects a 16% decline of corn in the 2019/20 production year to 2 million tonnes, due to drought that impacted the southern parts of the country Zambia in 2018/19 produced […]

Kenyan retailer Tuskys kick offs Nairobi Stock Exchange listing process

KENYA – Kenya’s leading retail chain, Tuskys has kicked off its listing process on the Nairobi Securities Exchange (NSE) and has started searching for transaction advisors as it eyes a September 2020 listing. The retailer, […]

South Korea injects US$8m into Ghana’s rice sector to improve production

GHANA- The Government of South Korea will be injecting US$8 million in Ghana’s rice sector to improve production and activities along the value chains over the next four years. The two governments have also signed […]

African free-trade agreement to boost South Africa’s agric sector – Agbiz

SOUTH AFRICA – South Africa’s agricultural sector could receive a major boost when the African free-trade zone becomes operational in July 2020, the Agriculture Business Chamber (Agbiz) has said. According Agbiz, an organisation that represents […]

Organic Valley secures 100% renewable electricity in renewed sustainability drive

USA – Organic Valley, United States’ largest farmer-owned organic dairy cooperative, is set to meet its clean energy goals through the construction of a multi-site solar project that will supply 100% of its electricity requirements. […]

Highlander acquires Evans Food Group, launches new food platform

USA – Highlander Partners, a Texas based private investment firm through its newly formed food platform, Benestar Brand, has acquired Evans Food Group from Wind Point Partners. Based in Chicago, Evans Foods produces and sells […]

Burger King rolls out plant-based Impossible Whopper across US

USA – World’s leading hamburger chain, Burger King has announced that it is releasing the plant-based Impossible Whopper burger across the US. The Impossible Whopper goes nationwide at all 7,200 Burger King locations in the […]

Fonterra to reduce stake in Chinese infant formula maker Beingmate

NEW ZEALAND – The New Zealand milk coorporative, Fonterra, has said that it will be reducing part of its 18.8% shareholding in Chinese infant formula manufacturer Beingmate. The company’s chief executive, Miles Hurrell, said the […]

Pernod Ricard acquires Texas whiskey producer Firestone & Robertson

USA – French spirits company, Pernod Ricard has expanded its global footprint with yet another acquisition of Texas-based Firestone & Robertson Distilling Co., for an undisclosed amount. Headquartered in Fort Worth, Firestone produces the TX […]

Danone launches Activia Live Culture Smoothies range in UK

UK – Danone UK has introduced a new range of bottled Live Culture Smoothies to expand its Activa portfolio. Danone has launched two flavours orange fruit and veg & red fruit and veg with each […]