Shoprite mulls exiting foreign markets as quarterly revenue plunge 4.9%
SOUTH AFRICA – Shoprite Holdings, Africa’s largest food retailer has reported a 4.9%...
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Day: November 5, 2019
Pyxus Agriculture to invest US$50m in value addition of Malawi’s agric produce
MALAWI – Pyxus Agriculture Limited, subsidiary of United Kingdom-based company Pyxus...
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Tanchoice invests US$10m in new meat processing plant
TANZANIA – TanChoice, a meat processing firm in Tanzania is investing US$10m in a new...
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Government of Ghana to stimulate cocoa production with US$600m funding
GHANA – The state government of Ghana acting through Cocobod is planning to inject a US$600m...
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Colombia’s discount food retailer Ara Tiendas secures US$93m to expand operations
COLOMBIA – Ara Tiendas, a Colombian based proximity food discounter has secured a US$93...
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Australia’s Wattle Health forms joint venture with Chinese dairy company
CHINA – Wattle Health, an Australian nutritional products maker has formed a joint venture with...
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Kemin Industries opens US$14.2m innovation and technology centre in China
CHINA – Kemin Industries, a global ingredient manufacturer has opened a new CNY100 million...
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Kellogg’s partners with Deliveroo to launch direct-to-consumer kitchen
UK – The Kellogg Company has launched a direct-to-consumer kitchen in partnership with meal...
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Burger King India to raise US$56.6m in IPO to accelerate expansion
INDIA – Burger King India has filed for an Initial Public Offering (IPO) that could to raise up to...
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Irish dairy company Ornua opens US$33m cheese production facility in Spain
SPAIN – Ornua, an Irish dairy firm has opened a €30 million (US$33.39m) cheese production facility...
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