Shoprite’s half year sales grow by 7% despite dismal performance outside SA

SOUTH AFRICA – Africa’s retail giant Shoprite has reported a 7% growth in the group’s total sales to approximately R81.2bn (US$5.62b) in its half-year financial performance ending December 2019. The growth was driven its South […]

Conagra Brands launches new Duncan Hines Keto Friendly Cake Cups

USA – Duncan Hines, a brand of Conagra Brands, has unveiled a collection of Keto Friendly Cake Cups, designed to meet the growing demand by consumers seeking low-carbohydrate snacks. Duncan Hines Keto Friendly Cups come […]

Zimbabwe imports 100,000 tonnes of maize from South Africa and Brazil

ZIMBABWE — The Grain Millers Association of Zimbabwe (GMAZ), the apex representative body of the country’s milling industry has acquired 100,000 tonnes of maize from South Africa and Brazil, reports NewZimbabwe. The announcement comes after […]

USAID launches ‘Water for Agriculture’ initiative in Northern Nigeria to promote farmers livelihoods

Nigeria – The U.S. Agency for International Development (USAID) has awarded a three-year, US$8 million Cooperative Agreement to Catholic Relief Services (CRS) that will boost the livelihoods of crop and livestock farmers in the conflict-affected […]

Zambian company to set up a US$166m sugar refinery

ZAMBIA – Mobe Sugar Company, a wholly owned Zambian private manufacturing company has initiated talks with Luanshya Municipal Council, North-Central Zambia on opening a sugar refinery and auxiliary factories in the district worth over US$166 […]

Louis Dreyfus Company secures US$100m to expand operations

NETHERLANDS – Louis Dreyfus Company, a leading merchant and processor of agricultural products has secured a US$100 million financing facility from the EBRD to facilitate the company’s regional expansion. The funding will support LDC’s operations […]

Sainsbury’s announces succession plan as CEO Mike Coupe retires

UK – British supermarket group, Sainsbury’s has appointed Simon Roberts as the group’s Chief Executive Officer following Mike Coupe’s decision to retire after almost six years as the retailer’s CEO. Simon, who is the Retail […]

Yara and IBM launch collaboration to advance sustainable food production

SWITZERLAND – Yara International, a crop nutrition and digital farming solutions provider has partnered with IBM to launch the Open Farm & Field Data Exchange, a collaboration for farm and field data that seeks to […]

Molson Coors Beverage to acquire US craft beer maker Atwater Brewery

USA – Tenth and Blake Beer Company, the US craft division of Molson Coor Beverage Company has secured a deal to acquire Detroit-based craft beer maker Atwater Brewery. Founded in 1997, Atwater Brewery is one […]