FAO, United Arab Emirates invest US$4m to support women in agriculture in Liberia

LIBERIA – The United Arab Emirates signed a Memorandum of Understanding with FAO to invest US$4 million in Liberia to help the rural women develop sustainable agribusiness models. The funding will support poultry and vegetable […]

AfDB relaunches initiative to support African agricultural transformation

AFRICA – The African Development Bank (AfDB) with support from the Rockefeller Foundation and the Bill & Melinda Gates Foundation has relaunched the Leadership for Agriculture (L4AG) Forum. The L4AG Forum is a platform that […]

Pakistan based Maxim Agri to set up US$10m animal feed plant in Kenya

KENYA – Maxim Agri International, a Pakistan based company has signed an agreement with the Oserian Development Company to put up an animal feed plant worth Sh1 billion (US$10 million) in Kenya. Maxim Agri International […]

Food packing machinery manufacturer Ishida opens regional office in Kenya

KENYA – Ishida, a Japanese multinational manufacturer of food packing machinery, through its Birmingham-based subsidiary Ishida Europe has opened a regional office in Nairobi, Kenya. The Kenyan office will operate as the company’s regional hub […]

Africa Union, OCP Group deepen collaboration to develop agriculture in Africa

AFRICA – The African Union Commission, together with the African Union’s Development Agency (AUDA-NEPAD), penned a comprehensive MoU with OCP Group to support the development of the African Agricultural Sector according to a press release […]

Arla Foods introduces new solution to expand global distribution

DENMARK – Europe’s largest dairy cooperatives, Arla Foods has pioneered an innovative, natural, no preservative transport solution for fresh dairy products to enable the dairy giant expand its global distribution network. The technology, which Arla […]

Dean Foods to remain standalone business after strategic review

USA – Dean Foods, America’s leading food and beverage manufacturer has resolved to operate as a standalone unit following a comprehensive review of strategic alternatives, including a possible sale of the company. Dean Foods initiated […]

Coffee Day group to sell promoter stake in Sical Logistics

INDIA – Coffee Day Enterprises Ltd (CDEL), the holding company of Coffee Day Group has unveiled plans of selling its entire promoter stake in Sical Logistics as the company seeks to refinance its existing debt. […]

Denmark becomes first country to ban use of PFAS in food packaging

DENMARK – Denmark will be the first country to ban PFAS chemicals which have been linked to cancer, elevated cholesterol and decreased fertility, from food packaging, starting next year. PFAS (perfluoroalky and polyfluoroalkyl substances) chemicals […]

Centerbridge acquires packaging firm Solidus Solutions for US$364m

EUROPE – Centerbridge Partners, a New York based private equity firm has completed the acquisition of fibre-based packaging producer Solidus Solution from Aurelius for €330m (US$364.29m) Solidus Solutions was formed after the private equity firm, […]