Elemica joins Foodvalley to address agrifood supply chain challenges

NETHERLANDS – Elemica, a cloud-based digital supply network for global manufacturing industries, has announced a membership with Foodvalley NL, the primary knowledge-intensive agrifood ecosystem in the Netherlands. Foodvalley offers a platform of resources and opportunities […]

Carrefour Group acquires 30 Makro stores in Brazil for US$452m

BRAZIL – Grupo Carrefour Brasil, the Brazilian subsidiary of Carrefour Group has signed an agreement with Makro Atacadista SA to acquire 30 Cash & Carry stores in Brazil, accelerating the expansion of its growing Atacadão […]

Entrepreneurial Equity Partners completes acquisition of Kronos Foods

USA – Entrepreneurial Equity Partners, a Chicago-based private equity firm focused on making investments in the food and consumer packaged goods industries, has acquired Kronos Foods Corp. Headquartered in Illinois, USA, Kronos Foods is a […]

Nigerian Breweries sets up retail labs to boost earnings amid rising competition

NIGERIA – Nigerian Breweries Plc has reported a decline is net revenue by 0.4% from N324 billion (US$887.2m) in 2018 to N323 billion (US$884.5) in 2019 for the full year. Profit before tax fell by […]

Schweppes Zimbabwe to relaunch Mazoe Orange Crush as conditions improve

ZIMBABWE – Schweppes Zimbabwe, manufacturer and distributor of non-carbonated beverages under licence from The Coca-Cola Company Limited will soon resume production of its iconic Mazoe Orange Crush brand, with the product expected on the market […]

DSM unveils partnership to empower young entrepreneurs on agri-food businesses

AFRICA – Royal DSM, a global science-based company in nutrition, health and sustainable living has partnered with Generation Unlimited and Sight & Life to provide opportunities for young entrepreneurs through the development of agri-food businesses, […]

Government partners with local varsity to open fish hatchery

KENYA – The Uasin Gishu County Governmet in Western Kenya has opened a Sh10m (US$99, 100) fish hatchery in partnership with University of Eldoret. The Chief Officer for Fisheries, Victoria Tarus revealed that hatching had […]

Scottish craft brewer BrewDog enters Indian market in global expansion drive

INDIA – BrewDog, a multinational craft brewer and pub chain based in Scotland, has unveiled plans of expanding into India with the opening of 35 pubs and the launch of several bottled beer brands. According […]

Barry Callebaut merges craftsmanship with technology; opens chocolate 3D-printing studio

UK – Barry Callebaut, through its global decoration brand Mona Lisa, has opened a chocholate 3D-printing studio that will offer personalized 3D printed chocolate at scale. Barry Calleaut says that the Mona Lisa 3D Studio […]

JBS to launch new Fibrio line and range of plant-based foods

BRAZIL – JBS has announced that its will be launching a range of plant-based foods and further expand its Friboi portfolio by introducing a new brand focused on healthiness and sustainability. Seara, the chicken division […]