Williamson Tea reports triple digit growth in half year profit amid economic hardships
KENYA – Williamson Tea, a Kenyan listed tea manufacturer has posted a net profit of Ksh33.9...
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Month: November 2020
Famous Brands receives approval for secondary listing on A2X Markets
SOUTH AFRICA – Famous Brands, a branded food services business in South Africa has announced...
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Maker of Canadian alkaline water brand Trace to be acquired by BevCanna Enterprises
CANADA –Naturo Group Investments, the company behind popular alkaline water brand Trace, is on the...
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Food ingredient company Chr. Hansen unveils FreshQ DA, a bioprotection solution for fermented plant-based products
DENMARK – Global bioscience company Chr. Hansen has expanded its FreshQ line with the launch...
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Omani-Saudi joint venture to establish food and drink factories in Khazaen Economic City
OMAN – The Omani- Saudi joint venture has announced plans to establish seven food and drink...
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Amy Byrick to head Novozymes’ Strategy & Business Transformation Unit
DENMARK – Danish biotechnology company Novozymes has appointed Amy Byrick as the new...
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Diageo unveils ambitious sustainability plan, targets to use 100% recycled content in packaging by 2030
UK – British multinational beverage alcohol company Diageo has launched a new 10-year, 25-action...
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Leading Moroccan agricultural companies merge to create one stop shop for farmers
MOROCCO – Development Partners International (DPI)’s backed Compagnie Marocaine de Goutte à Goutte...
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Food Wise to reclaim Yinlu peanut milk and canned rice porridge business from Nestlé
CHINA – Food Wise is set to acquire the peanut milk and canned rice porridge business of Yinlu...
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Kenyan based aquaculture business Victory Farms gets backing from Impact investor DOB Equity
KENYA – East Africa’s largest commercial fish farm, Victory Farms has clinched an...
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