Kenya’s Artcaffe Group on expansion spree, seeks to open 4 new outlets

KENYA – The Artcaffe Group owned by US private equity firm Emerging Capital Partners (ECP), has unveiled plans of opening four new outlets in Nairobi, Kenya, in a bid to secure its market share in the highly competitive sector. The new branches, according to Business Daily will be opened in the next few weeks and situated in Kileleshwa, Freedom Height Mall in Lang’ata, ACK Garden on Bishop Road and at Hardy in Ngong. The announcement follows allegations made against the restaurant chain by a Kenyan blogger on Twitter, alleging the…

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USAID partners with industry players led by Cargill to launch US$33m livestock management initiative

AFRICA – The United States Agency for International Development (USAID) has launched a five-year US$33 million Transformational Strategies for Farm Output Risk Mitigation (TRANSFORM) initiative, aimed to improve livestock management and combat the threat of zoonotic diseases to both human and animal health in the region. USAID has tapped on the expertise of a consortium of industry players led by Cargill and including Ausvet, Heifer International, and the International Poultry Council (IPC). The initiative will harness innovation to sustainably improve animal health, strengthen animal agriculture production systems in Africa and…

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Alapala completes mill renovation project for India’s Kodandaram Flour Mills

INDIA – Alapala, a leading machinery producer and turnkey solution provider in grain milling industry, has successfully completed renovation works at the Kodandaram Flour Mill facility in India. Kodandaram Flour Mills is part of Parisons Group, one of the largest manufacturers and distributors of wheat flour and edible oils in South India. The Group has 6 flour mills having a total of over 800 tonnes per day (TPD) capacity along with 2 edible oil refining and extraction plants with 450 TPD total processing capacity. During renovation at the Kodandaram facility,…

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Mondelez SA introduces Cadbury P.S. DUO sparking sharing moments

SOUTH AFRICA – Cadbury, part of Mondelez SA, the largest confectionery business in South Africa has expanded its Cadbury P.S. family with launch of Cadbury P.S. DUO. As the name suggests, P.S. Duo is a delicious new taste sensation that’s “Made To Share” as two individual bars are combined in one pack. The new offering brings layers of crispy wafer coated in scrumptious milk chocolate and smothered in creamy Caramilk, thus enticing fans of both Cadbury P.S. milk chocolate and Cadbury P.S. caramilk Also, the chocolate bars are artistically wrapped…

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Cultured Decadence secures funding to accelerate development of cell-cultured lobster meat

US – Alternative proteins startup Cultured Decadence has closed a US$1.6 million pre-seed financing round to accelerate the development of cell-cultured lobster meat. Investors in the oversubscribed round include Bluestein Ventures, Joyance Partners, Revolution’s Rise of the Rest Seed Fund, Gener8tor, GlassWall Syndicate, Bascom Ventures, and China-based Dao Foods. The company also received a grant from the Wisconsin Economic Development Corporation administered by the Center for Technology Commercialization (CTC), reportedly marking the first-ever state government funding for cellular agriculture. Cultured Decadence has developed a technology that utilises the cells of…

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India approves production incentive scheme to encourage investment in food processing

INDIA-  The government of India has introduced direct fiscal incentives in the form Production Linked Incentives (‘PLI’) to boost manufacturing in the country’s food processing sector. To ensure overall development of the sector, the food processing PLI policy targets 3 broad categories with specific incentives aimed at attracting more investments. Firstly, the policy provides sales based incentives ranging from 10% to 4% on incremental sales (whether domestic or exports) for large manufacturers operating in Ready to Cook/ Ready to Eat, Fruits & Vegetables, Marine & Mozzarella Cheese for a period…

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AppHarvest acquires agricultural robotics company as Singaporean firm deploys robots in grocery delivery

US – American AgTech Company AppHarvest, has acquired agricultural robotics and artificial intelligence (AI) company, Root AI, to boost its capacity to produce food sustainably and increase efficiency. Founded in 2019, Root AI creates intelligent robots to help manage high-tech indoor farms. Its signature robot Virgo can be configured to identify and harvest multiple crops of varying sizes including tomatoes and peppers and more delicate fruits such as strawberries. As part of the deal, AppHarvest will gain access to Virgo and is expected to take advantage of the data the…

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