Ghanaian varsity develops application to combat cocoa diseases and pests

GHANA – The University of Mines and Technology (UMaT) in Ghana has developed a new mobile application dubbed COCOANET that aims to help combat cocoa diseases and pests. Developed by a group of students from […]

Kenya’s Capital Market Authority proposes new regulations for commodity exchange

KENYA – Capital Markets Authority of Kenya is proposing new regulations that will guide the planned Commodities Exchange. According to the draft regulations, companies looking to expand their activities to the commodities exchange will have […]

Stock Exchange to suspend Ghana’s cocoa trading company PBC

GHANA – The Ghana Stock Exchange (GSE) is set to suspend the listing status of licensed cocoa buyer, Produce Buying Company (PBC) Limited, from the bourse. GSE said that the suspension of PBC from the […]

Agritech firm Cambridge Crops raises US$4m in funding to combat food waste

USA – Cambridge Crops, a US based agricultural tech firm has raised US$4 million in seed funding for its pioneering silk-powered technology, designed to combat food waste throughout the supply chain. The funding round was […]

Valeo Foods Group in talks to acquire Campbell’s snacks brands

IRELAND – Irish food group, Valeo Foods is in exclusive talks with Campbell Soup to buy the company’s Kettle Foods business in UK and Ireland for about US$60million (€54 million). Earlier this year, Campbell hired […]

Japanese company Nagase Group completes acquisition of ingredient maker Prinova

JAPAN – Nagase Group, a Japanese chemical trading firm has completed the acquisition of US based food ingredient manufacturer and distributor, Prinova Group. The acquisition of Prinova, which has 15 distribution centres around the world, […]

Packaging manufacturer Kwik Lok to debut new ‘Closing Line of the Future’

USA – Kwik Lok Corporation, a Washington based packaging manufacturer, announced they will feature the “bakery closing line of the future” at the upcoming International Baking Industry Exposition (IBIE) in Las Vegas. During the event […]

Innovation key amidst changing consumer environment in US yogurt market- report

USA – The US yogurt market is experiencing significant dynamics as consumers continue to portray evolving habits, with focus shifting towards health and convenience among other driving forces. According to a new report from Innova […]