Ghanaian varsity develops technology to detect substandard rice

GHANA – The school of Agriculture at the University of Cape Coast in Ghana in collaboration with Queen’s University of the UK has developed a technology that detects substandard rice. The technology seeks to among […]

Olam’s Nutrifoods debuts Milky Magic ‘Eggrich’ Biscuit in Ghana

GHANA – Nutrifoods Ghana Limited, a subsidiary of Olam Ghana and a market leader in the production of biscuits, has introduced the first egg and milk-based biscuit into the market. Made with fortified wheat flour, […]

Tanzania’s coffee production rises to four years high on improved conditions

TANZANIA – Tanzania’s coffee production has almost doubled to four years high, thanks to good weather and high crop circle boom this season. Tanzania Coffee Board (TCB), acting Director General Primus Kimaryo notes that the […]

Coca-Cola launches coffee infused cola drink in South Africa

SOUTH AFRICA – The Coca-Cola Company is introducing the first coffee infused cola drink the ‘Coca-Cola Plus Coffee’ in South Africa. Coca-Cola Plus Coffee infuses the taste of Coca-Cola with 100% Brazilian coffee bean powder […]

Biena Snacks secures US$8 million funding to expand plant-based foods

USA – Boston’s plant-based snacking brand, Biena Snacks has secured US$8 million in Series B financing led by MAW Investments, to accelerate growth of the brand. MAW Investments is a private equity firm created by former Snyder’s-Lance […]

First US plant-based education centre opens amid growing demand for meat-free diets

USA – The first fully plant-based US nutrition and culinary education centre, the Centre for Plant-Based Living (CPBL) is opening in St. Louis, Missouri. The centre, which comes at a time when demand for information […]

Brazilian meat processor BRF appoints Carlos Alberto as new chief financial officer

BRAZIL – BRF, a Brazilian meat-packing company has appointed Carlos Alberto Bezerra de Moura as its new chief financial and investor relations officer. Carlos takes over from BRF’s global chief executive, Lorival Nogueira Luz Junior, […]

VTB acquires majority stake in Russian grain trader Mirogroup

RUSSIA — Russian state-controlled bank VTB has revealed that it has completed the purchase of a 70% stake in Russian grain trader Mirogroup, the Reuters reports. The transaction expands the lender’s diversification into the grain […]

Carlsberg reports strong first half boosted by Asia, premium beers sales

DENMARK – Global brewing company, Carlsberg has reported strong first-half results, with solid profit improvement of 17.7% boosted by premium beer and sales in the Asian market. The Tuborg and Holsten owner reported a 6.5% […]