Nestlé inaugurates packaging research institute to accelerate sustainability agenda

SWITZERLAND – Nestlé has officially inaugurated the Institute of Packaging Sciences, the “first-of-its-kind in the food industry”, to further reinforce the company’s sustainability agenda. Located at Nestlé’s Research facilities in Lausanne, Switzerland, the Institute leverages […]

Mondelez International commits to sourcing 100% of cocoa from Ghana by 2025

GHANA – Mondelez International, world’s leading chocolate company, through its Cocoa Life Sustainability Programme plans to increase its 40% cocoa sourcing from Ghana to 100% by 2025, reports Ghanaian Times. The head of Cocoa Life […]

Redefine Meat raises US$6m in funding for 3D alternative meat printer

ISRAEL – Redefine Meat, an Israel-based plant-based meat company has raised US$6 million in a seed funding round led by CPT Capital, Hanaco Ventures and German poultry company, The PHW Group. Founded in 2018, Redefine […]

Anheuser-Busch InBev and SABMiller breaching merger conditions – says Distell

SOUTH AFRICA – Distell, South Africa’s wine and spirit producer is accusing the entity formed from the 2016 merger of the world’s largest beer companies Anheuser-Busch InBev and SABMiller of breaching merger conditions. Distell approached […]

Hood River Distillers adds premium tequila ‘Batanga’ to its portfolio

USA – Hood River Distillers, producer of distilled spirits in the Northwest has partnered with Mexico’s Casa Orendain in the launch of Batanga, a premium 100 percent agave Tequila. Established in 1926 by Eduardo Orendain, […]

Famous Brands reports growth in half year sales despite straining UK business

SOUTH AFRICA – Famous Brands, South African restaurant franchisor has reported a 6% rise in systemwide sales for half year ended August 2019 despite a slump in sales at Gourmet Burger Kitchen (GBK) as it […]

UK’s Kensington Distillers & Vintners enters Kenyan market

KENYA – Kensington Distillers & Vintners (KDV) the London-based beverage producer has entered the Kenyan Market introducing global alcohol drink brands such as its Bannerman’s Finest Scotch Whisky. Following this development, Sazerac, the leading US […]

Utz Quality Foods to acquire Conagra’s DSD snacks business

USA – Utz Quality Foods has secured a deal with packaged good company, Conagra Brands to acquire its direct-store delivery (DSD) snacks business. The transaction includes the Tim’s Cascade Snacks, Hawaiian Snacks, Erin’s, Snyder of Berlin […]

Commodity trading platform Binkabi partners Unity Bank to boost agricultural lending

NIGERIA – Binkabi, Nigeria’s blockchain based commodity trading network has partners with Unity Bank Plc to launch an agro-commodities trade platform to improve lending of the agriculture sector. Binkabi is a platform for issuing trading […]