PepsiCo Egypt launches Recycle for Tomorrow platform for plastic waste management

EGYPT – PepsiCo Egypt has successfully launched its waste management platform “Recycle for Tomorrow” under the auspices of the Ministry of Environment, and in collaboration with Dorna initiative “Reverse credit system”. The initiative is designed and implemented by CID Consulting, with an investment of EGP 10 million (US$637,000), to be channeled towards collecting and recycling the equivalent of 8 million Kilos of the company’s plastic production in 2021, for the first phase. This unique platform contributes in achieving a sustainable model, with a special focus on how to solve and…

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Tunisia to continue relying on grain imports to meet growing demand

TUNISIA – Favourable weather conditions are expected to boost production of grains in Tunisia to 1.2 million metric tonnes (MT) of wheat and 650, 000 MT of barley in the Market Year (MY) 2021/22. This is a rise from MY 2020/21 production estimates of 1.04 MMT for wheat and 465,000 MT for barley. According to a GAIN report prepared by USDA Foreign Agricultural Services, ample rainfall and good soil moisture encouraged farmers to seed larger areas in October to December 2020. The seeded area for wheat increased from 556,000 HA…

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Wine, Baked foods, Coffee among foods with greatest post-pandemic staying power- Numerator

GLOBAL – The coronavirus pandemic undoubtedly changed food consumption habits in the U.S. for the better part of the past year. There was more at-home consumption than had been seen in decades prior to the pandemic while many consumers increased their intake of healthy and functional foods in an attempt to boost their immunities. There was also a significant shift towards legacy brands that evoked a sense of nostalgia and familiarity during very uncertain and unfamiliar times. How many of those trends have become permanently ingrained in the daily consumption…

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Anheuser-Busch doubles down on barley upcycling, invests US$100m in production capacity expansion

 US – Anheuser-Busch, a subsidiary of the world’s largest brewing company AB InBev, is investing US$100 million to expand the production capacity of its subsidiary that takes barley after it is used to make beer and repurposes it to be incorporated into food and other beverages. The funding is part of Anheuser-Busch’s pledge in February to invest more than US$1 billion in its U.S. facilities during the next two years and is anticipated to create 50 jobs. The maker of Budweiser and Michelob Ultra said it is renovating a building…

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Co-op Bank joins forces with eco.business Fund to finance sustainable agriculture in Kenya with US$10m

KENYA – Co-operative Bank of Kenya (Co-op Bank), one of Kenya’s leading commercial banks and the primary bank for agricultural cooperative societies in the country, has partnered with eco.business Fund to avail US$10 million financing for on-lending to sustainable agribusinesses. Being the fund’s first ever investment in Kenya, it aims to provide the much-needed financing for businesses to enhance sustainable measures in their agricultural practices, particularly important in light of the challenging operating environment created by the Covid-19 crisis. According to the impact investor, the investment contributes to its mission…

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AB InBev officially cuts ribbon to fourth brewery in Mozambique worth US$180m

MOZAMBIQUE – Anheuser-Busch InBev (AB InBev), the world’s largest beer producer through its Mozambican subsidiary Cervejas de Mocambique (CDM), has officially inaugurated its new US$180 million brewery. The new processing facility was opened by the President of the Republic, Filipe Nyusi who graced the occasion. According to reports by Reuters, the new site has a production capacity of 2.4 million hectolitres per year, with potential to expand that to 6.7 million hl. It has a filling line with the capacity to produce 80,000 bottles per hour. CDM claims that the…

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Stonewall Kitchen buys Vermont Coffee Company as Campbell offloads baby food brand Plum Organics

US – Stonewall Kitchen, an American specialty food producer, has acquired organic coffee brand Vermont Coffee for an undisclosed sum. FoodBev reported that the deal marks Stonewall Kitchen’s sixth acquisition. Vermont Coffee will now join other brands such as Urban Accents and Vermont Village. With a 40,000-square-foot facility in Middlebury, Vermont Coffee is the best-selling brand of bagged organic coffee in grocery stores across the northeast, according to Stonewall Kitchen. The company offers more than 25 blends, with whole bean and pre-ground options available. Commenting on the acquisition, Vermont’s Founder…

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Silafrica partners with Ellen MacArthur Foundation to combat plastic waste

KENYA – Africa’s leading plastic and packaging solutions provider, Silafrica has joined the New Plastics Economy initiative by Ellen MacArthur Foundation, strengthening its commitment to establish a global circular economy. The Ellen MacArthur Foundation is a UK registered charity which aims to inspire a generation to re-think, re-design & build a positive future through the framework of a circular economy. The foundation with members across the globe including Tetra Pak, Danone, Coca-Cola, Nestle among many others, seeks to drive momentum to reach its goal by eliminating problematic or unnecessary plastic…

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Alapala continues with global expansion, opens new office in Kenya

KENYA – Turkey’s premier milling equipment company Alapala has expanded its presence in the Eastern African region with the opening of its new office in Kenya. Located in the country’s capital city Nairobi, the new base is part of its global expansion and is aimed to better serve its local customers. “With continued growth and our commitment to providing outstanding service, we are now even stronger in East Africa with our new office in Nairobi,” highlighted Alapala on a LinkedIn post. The announcement comes almost a year after it completed…

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Aryzta sells Switzerland sandwich assets as Dawn Foods snaps up Polish food ingredients supplier Jabex

EUROPE – Cash-strapped specialty food company, Aryzta has announced the sale of its sandwich production business in Switzerland to Bell Food Group subsidiary, Hilcona for an undisclosed sum. The sale comes one month after the Zurich-based food company signed an agreement to sell its North American business to an affiliate of US private equity firm Lindsay Goldberg for US$850 million, as part of its efforts to reduce debt. As part of the deal, Hilcona will acquire Aryzta’s production premises located in Schlieren and will take on around 25 employees. Aryzta…

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