Ghana’s Alomo Bitters maker counts losses as Nigerian border closure takes a toll

GHANA – Kasapreko Company Limited (KCL), a Ghanaian indigenous manufacturer and producer of alcoholic and non-alcoholic drinks has lost US$2m in sales following the closure of the Seme border by the Nigerian government. KCL are […]

Algeria tenders for milling wheat imports to boost domestic reserves

ALGERIA – OAIC, Algeria’s state grains agency issued an international tender to buying wheat sourced from optimal origins, European traders whose deadline was 22nd October 2019, reports Reuters. According to the tender, the agency sought […]

Tetra Pak opens US$27m cheese production centre in Poland

POLAND – Tetra Pak has opened a US$27.8 million (€25 million) site in Poland, with sales, engineering and manufacturing facilities for cheese production solutions. Building on the company’s global expertise in cheese, the centre has […]

Lactalis Group sign renewable energy deal for its factories in Spain

SPAIN – The French dairy company, Lactalis Group has signed a nine-year renewable power purchase agreement with Engie Spain to supply energy to its facilities in Spain. Under the agreement, Engie will supply renewable electricity […]

Conagra closes divestiture of its DSD snacks business to Utz Foods

USA – Conagra Brands has completed the divestiture of the portion of its snacks business that operates under a Direct-Store-Delivery (DSD) snack business to Utz Quality Foods for an undisclosed sum. The transaction included the […]

Thai Union Group invests in alternative protein startup Flying Spark

ISRAEL – Thai Union Group PCL, one of the world’s largest seafood producers headquartered in Thailand has agreed to invest in Israeli FoodTech start-up company Flying Spark to expand the firms’ alternative meat processing capabilities. […]

Soy protein isolate market to reach US$3.8bn by 2027 on increased demand for vegan products

WORLD – Revenue generated by the global soy protein isolate market is estimated to be approximately US$2.6 bn in 2019 and projected to increase at a CAGR of about 5% to reach US$3.8bn by 2027. According […]

Winnow raises US$12m in funding for its food waste solutions

UK – Winnow, the London-based startup that provides solutions to help commercial kitchens reduce food waste, has raised US$12 million in series B funding to help the company scale up its solutions. The funding round […]