Seed Co International profit rise by 62% coupled with strong product demand
AFRICA – Regional seed producer, Seed Co International Limited has reported a 62% rise in…
Month: June 2020
Brenntag opens new Food Application & Development Center business in Brazil
BRAZIL – Brenntag Food & Nutrition (Brenntag F&N) has opened its newest Food Application &…
Del Monte Kenya cuts ribbon to its 6-bed holding room to curb spread of corona virus within its facility
KENYA – Leading fruit processor in Kenya, Del Monte has been undertaking different activities and…
Diageo inches closer to achieving net-zero carbon emissions with new distillery
USA – Global beverage leader Diageo has announced that its new US$130m Kentucky whiskey distillery,…
Kenyan sugar imports rise by 21% in the first five months with Ugandan sugar fetching highest price
KENYA – According to the Sugar Directorate of Kenya, the country’s sugar imports between January…
Global food ingredients supplier Tate & Lyle appoints Solevo exclusive distributor for West Africa
WEST AFRICA – Food and beverage ingredients and solution provider, Tate & Lyle PLC, has…
Rwanda acquires a US$1.1m grant from AfDB to expand its meat value chain
RWANDA – The African Development Bank (AfDB) has awarded a US$1.1 million grant to Rwanda…
Tunisian dates exporter VACPA secures US$12M from IFC to cushion business against COVID-19 effects
TUNISIA—Leading Tunisian dates exporting company VACPA has secured financing amounting to US$12.41 million from the…
Palsgaard invests US$113m to expand its production capacity in Denmark
DENMARK – Palsgaard, Danish emulsifier producer has announced that it will invest DKK 750 million (US$113 million) to…
Danish enzyme producer Novozymes acquires probiotic solution provider, PrecisionBiotics for US$90.3m
IRELAND – Global biotechnology company, Novozymes has acquired PrecisionBiotics Group for DKK 600 million (US$90.3m),…