Kenyan retailer launches ‘pick and go’ service to curtail the spread of the corona virus
KENYA – In the wake of the outbreak of COVID-19 virus, Kenyan retailers have adopted…
Month: May 2020
Chambers of Agribusiness Ghana advocates for reforms as sector registers decline in revenue by 61.2%
GHANA – Ghanaian agribusiness firms have received a hit from the outbreak of the corona…
Tongaat Hulett stipulates way forward during the pandemic to ensure continuity of operations
ZIMBABWE – Sugar producer Tongaat Hulett Zimbabwe has developed a business continuity plan (BCP) based…
Famous Brands unveils road map to sustain improved performance
SOUTH AFRICA – South African restaurant franchisor, Famous Brands has rolled out a three-year strategic…
Nampak registers 17% decline in half year revenue to US$372.4m
SOUTH AFRICA – Africa’s largest packaging manufacturer, Nampak, has reported a drop in revenue by 17%…
Zimbabwe’s Competition Commission rejects Innscor’s disposal of 25% stake in Capri
ZIMBABWE – The Competition and Tariff Commission (CTC) of Zimbabwe has put a halt on Innscor’s…
Constellation Brands further revises wine and spirits divestment deal to US$1.03bn
USA – Constellation Brands and E. & J. Gallo Winery have further reviewed their original…
Indoor gardening startup Rise Gardens closes US$2.6m Seed Round
USA – Chicago-based Rise Gardens, founded by serial entrepreneur Hank Adams, has closed its seed…
Brenntag Food & Nutrition announces distribution agreement with Axiom Foods
USA – The Brenntag Food & Nutrition business unit in North America, a subsidiary of…
Swedish agribusiness coop secures funds to expand operations in Ukraine
UKRAINE – Lantmännen Axa, a leading producer of breakfast cereals in Ukraine that is owned…
DuPont Nutrition & Biosciences unveils brewing liquefaction enzyme solution
USA – DuPont Nutrition & Biosciences has launched a new enzyme solution for adjunct liquefaction,…
Kenyan government promotes marine fishing with US$93.65m investment
KENYA – The Kenyan government has received a Ksh10 billion (US$93.65m) concessional loan from the…
Customer interest in animal welfare is the primary driver for business action, new reports indicates
AFRICA — According to a recently released report by World Animal Protection, leading global food…
Dow debuts new generation food contact silicone emulsion
USA – Dow, a solutions provider to the food processing industry, has introduced its latest innovation,…
Japanese cell-cultured food startup IntegriCulture raises US$7.4m to scale operations
JAPAN – IntegriCulture Inc., a Tokyo-based biotechnology company producing animal cell-cultured foods has raised JPY800…
AfDB approves emergency relief aid to tackle food insecurity caused by COVID-19 in Egypt
EGYPT – African Development Bank (AfDB) has approved a US$500,000 emergency assistance grant to Egypt to…
Rowdy Mermaid Kombucha raises US$7m in Series A investment round
USA – Colorado-based kombucha beverage maker, Rowdy Mermaid Kombucha, has closed its second and final…
World Bank approves US$10.5m funding to support Liberia’s agriculture sector
LIBERIA – The World Bank has approved US$10.5 million funding to support Liberia’s Ministry of…
Tanzanian glass manufacturer protest the 25% duty on imports imposed by Kenya
TANZANIA – Tanzania glass container manufacturer, KIOO Limited has raised concerns pertaining the newly introduced…
Arla Foods accelerates transition to a more sustainable dairy production
DENMARK – Arla Foods has launched an updated version of its its farm management and…
Symrise opens new US$55m flavorings production site in China
CHINA – German flavour and fragrance manufacturer,Symrise has opened a new production site in Nantong,…
Givaudan to acquire French biotechnology company Alderys
SWITZERLAND – Flavour and fragrance specialist, Givaudan has secured a deal to acquire Alderys, a…
Marfrig and ADM create plant-based food products joint venture
USA – Marfrig, the second largest Brazilian food processing company and Chicago-based global nutrition company…
COVID-19 pandemic causes a setback on Grand Parade disposal of Burger King
SOUTH AFRICA – Grand Parade Investments, which recently announced the sale of its SA Burger…