Shoprite exits Kenya as it reports 6.4% rise in full year earnings despite Covid-19
SOUTH AFRICA – South African-based supermarket chain Shoprite has pulled the plug on its...
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Day: September 8, 2020
Orkla Foods set to acquire majority stake in package food company Eastern Condiments
INDIA – Orkla, a Branded Consumer Goods business, through its wholly owned subsidiary MTR...
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Food Processor Smithfield Foods commits to becoming carbon negative by 2030
USA – Smithfield Foods, Inc., a food processing company, has became the first major protein...
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South Africa’s Sea Harvest reports 4% decline in half year profit triggered by COVID-19 restrictions
SOUTH AFRICA – Sea Harvest, South African seafood and fisheries group, has reported a 4%...
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Zambia’s Food Reserve Agency seeking US$111.9m to meet one-million-ton maize reserve target
ZAMBIA – Zambia is targeting to store up to 1 million tons of the country’s staple food,...
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Egyptian cheese maker Domty, FrieslandCampina partner to explore Africa’s cheese market
EGYPT – The Arabian Food Industries Company, popularly known as Domty has signed a...
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Alcoholic beverages manufacturer Halewood Artisanal Spirits opens its US$6.5 million new distillery in Russia
RUSSIA – Halewood Artisanal Spirits, UK-based alcoholic beverages manufacturer and...
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Olam expands use of its food distribution mobile app in West Africa
WEST AFRICA – Global food and agri-business company, Olam International is planning to...
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Plant based meat producer Beyond Meat set to build two production facilities in China
CHINA – Beyond Meat Inc., a U.S. plant-based meat substitutes producer, has signed a deal to...
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BevCanna set to acquire ecommerce retailer Naturally Pure Therapy Products in its global expansion strategy
CANADA – BevCanna Enterprises, manufacture of infused cannabis beverages, is set to acquire...
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