Ethiopian government flags off construction of US$167m irrigation projects

ETHIOPIA – Ethiopia’s Ministry of Water, Irrigation & Energy has began the construction of three irrigation dams in Oromia Regional State, Southern Ethiopia at a total cost of 4.9 billion Br (US$167m). Located in Chelchel […]

ADM, Concern Worldwide partner to alleviate malnutrition in Kenya and Ethiopia

EASTERN AFRICA – The American global food processing and commodities trading corporation, Archer Daniels Midland Company (ADM) has partnered with Concern Worldwide to create and implement the Lifesaving Education and Assistance to Farmers (LEAF) Project […]

Olam International successfully completes US$1.5bn debt refinancing

SINGAPORE – Global food and agri-business Olam International Limited and its wholly owned subsidiary, Olam Treasury Pte. Ltd, have secured a multi-tranche revolving credit facility aggregating US$1.525 billion. The Facility consists of three tranches; a […]

McCain Foods to invests US$300m to expand production capacity in Washington

USA – Frozen potato and snack food products manufacturer, McCain Foods USA has initiated construction of a US$300 million expansion project in Washington, US. The company said the investment includes a new state-of-the-art battered and […]

Ball Corp to build US$200m aluminum cups manufacturing site in US

USA – Aluminum packaging solutions provider, Ball Corporation will be investing approximately US$200 million in constructing  its first dedicated aluminum cups manufacturing facility in Georgia, US. Ball Corporation said that the facility will serve the […]

Danone and FAO team up to foster sustainable diets and food systems

ITALY – Danone, owner of iconic brands such as Dumex and Aptamil has agreed to work together with the Food and Agriculture Organization of the United Nations (FAO) to improve global nutrition and food safety […]

The PepsiCo Foundation and The Recycling Partnership raise $25m for US recycling

USA – The PepsiCo Foundation, the philanthropic arm of food and beverage PepsiCo Inc., in collaboration with The Recycling Partnership have raised US$25 million to accelerate their plastic recycling efforts in the US. In July […]