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),…
Solar energy provider REDAVIA offers free energy solution to Kenyan based animal feed manufacturer
KENYA – REDAVIA, a German based provider of cost-effective, reliable, and clean solar power to…
WHO, Civil society organizations urge compliance with Code of Marketing of Breast-milk Substitutes
GLOBAL – In order to help ensure that all infants and young children worldwide are…
Nigerian rice farmers acquire agro-allied incentives worth US$1.6m
NIGERIA – Nigeria’s Agro Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) project has commenced…
Nigerian beverage manufacturer CHI limited donates Hollandia milk brand to vulnerable communities
NIGERIA – CHI Limited, Nigeria’s fast-moving consumer good company has donated cartons of its dairy…
Oil Palm Development Association of Ghana launches a five-year strategic sectoral plan
GHANA – The Oil Palm Development Association of Ghana (OPDAG) has launched a five-year strategic…
Zimbabwe’s commercial farmers to establish US$1.15m irrigation project
ZIMBABWE – Zimbabwean A2 farmers in Insiza District, South-West of the country have partnered with…
Namibia fish industry players eagerly waiting for the allocation of new fishing quotas
NAMIBIA – The government of Namibia introduced the fishing rights and quota system to “empower”…
Danone becomes first listed company to adopt the “Entreprise à Mission” model
FRANCE – European multinational food company, Danone has become the first listed company to adopt…
COFCO International appoints Zhaohui Da as Chief Financial Officer
SWITZERLAND – Global agricultural commodities trader, COFCO International has appointed Zhaohui (Christy) Da as the…
Borden Dairy cleared for sale to Capitol Peak Partners and KKR in a US$340m deal
USA – Borden Dairy, an American dairy processor and distributor which filed for Chapter 11…
World Bank injects US$40.3m to restore livelihoods of Kenyan farmers affected by the locust invasion
KENYA – The World Bank has injected ksh.4.3 billion (US$40.3m) to finance the Emergency Locust…
Cargill joins new research center to accelerate decarbonization of the shipping industry
DENMARK – Global agribusiness company and commodity supplier, Cargill has joined leading players across the…
Dairy processor FrieslandCampina WAMCO reports a 8.5% increase in 2019 turnover
NIGERIA – FrieslandCampina WAMCO, Nigeria’s leading dairy processor has announced a turnover of N161.83 billion…
French organization ACF donates US$2.35m therapeutic food to tackle malnutrition
KENYA – Global humanitarian organization, Action against Hunger (ACF) has donated 40,000 cartons of Ready…