AB InBev invests in animal-free egg protein as Diageo launches Guinness Nitro Cold Brew Coffee

US – AB InBev, through its investment arm ZX Ventures, is venturing into large scale development of sustainable, animal-free egg protein to address global food challenges while its competitor Diageo has added a new coffee-infused product to its Guinness brand. According to a report by FoodBev, ZX Ventures is partnering with Clara Foods in this new initiative that will “focus on unlocking the potential of precision fermentation at a large scale.” Clara Foods specialises in engineering, manufacturing and formulating animal-free proteins using precision fermentation. The R&D partnership will combine AB…

Read More

Fish prices in Kenya rose by 11% in 2020 due to decline in China imports, local production

KENYA – Kenya registered a decline in volume of fish caught from the Lake Victoria in 2020, reducing from 90,000 metric tonnes of the previous year to 86,000 metric tonnes. The decline in local production was coupled with reduced imports from its main market, China triggering a rise in prices. According to reports by Business Daily, value of fish imports from China dropped by 31 percent or Ksh700 million (US$6.4m) as a result of Covid-19 pandemic disruptions. Industry data indicates that the value of imports from the Asian country dropped…

Read More

Tate & Lyle to sell Primary Products unit to enhance focus on its Food and Beverage Solutions

UK – Tate & Lyle has confirmed its intentions to sell a controlling stake in its Primary Products unit to a new long-term financial partner, as it looks to focus on its Food and Beverage Solutions arm. The Telegraph, which first reported the potential sale, said that the auction could be worth up to £1.2bn (about US$1.45bn) adding that US private equity giants Apollo Global Management and Cerberus had held talks with Tate & Lyle over the sale. Historically known as one of Europe’s leading sugar producers, Tate & Lyle…

Read More

AfDB supports Cameroon in establishment of US$119.7m livestock, fish farming development project

CAMEROON – Cameroon has launched the CFAF65 billion (US$119.7m) Livestock and Fish Farming Value Chain Development Project (PDCVEP), aimed to boost the competitiveness of the beef, pork, and fish sectors. The initiative has been funded through a loan injection of CFAF55 billion (US$101.3m) from the African Development Bank (AfDB) and capital contribution of CFAF10 billion (US$18.4m) by the Government of Cameroon. The PDCVEP is scheduled to run for the next five years, targeting to improve producers’ income and create job opportunities in the beneficiary segments, reports Business in Cameroon. To…

Read More

Sesame becomes ninth food allergen requiring plain-language labelling in the US

US – Sesame has become the ninth food allergen for which the US Food and Drug Administration requires plain-language labelling following the signing of a new law by US President Joseph Biden. With the new law, food manufacturing companies making foods formulated with Sesame will be required to clearly label Sesame as an allergen from 1 January 2023. The legislative milestone marks the first time since 2004 that a new allergen has been added to the Food Allergen Labeling and Consumer Protection Act. Sesame will join peanuts, tree nuts, fish,…

Read More

Nigeria bans importation of refined sugar, derivatives from Free Trade Zones protecting sugar master plan

NIGERIA – The Federal Government has prohibited the importation of refined sugar and its derivatives from the nation’s Free Trade Zones (FTZs) into the Nigerian Customs Territory. According to reports by This Day, the move is aimed to protect the sugar industry, which is governed by the Nigerian Sugar Master Plan (NSMP). The NSMP provides a framework for motivating investment in the local production of refined sugar by securing the Nigerian Sugar market for investors in the Backward Integration Program (BIP). It does this by providing import sugar allocations for…

Read More

Givaudan, Bühler open new innovation center in Singapore to support agile plant-based product development

SINGAPORE – The APAC Protein Innovation Centre in Singapore has been officialy opened by Givaudan and Bühler and is expected to play a major role in accelerating plant-based product development on a global scale.  Located at the Givaudan Woodlands site in Singapore, the Protein Innovation Centre is a first of its kind establishment leveraging the expertise of both companies to accelerate development of high quality plant-based proteins. The facility will also be connected to a vast network of R&D innovation centers in Switzerland and key hubs across the region further…

Read More

Angola beverage maker Refriango invests US$10m in new returnable bottle filling line

ANGOLA – Refriango, one of Angola’s leading producers and distributers of soft beverages, energy drinks and alcoholic beverages, has invested US$10m in the installation of a new filling line of returnable bottles for its Tigra beer brand. The investment will enable the beverage maker to increase its filling capacity by 35%, meeting the rising demand of the beer in the country, reports Opais Angola. The introduction of the returnable bottles in the market is in line with the company’s commitment to a circular economy by minimizing waste pollution in the…

Read More

Nestle confirms talks to buy US vitamins firm The Bountiful Company

SWITZERLAND – World’s largest food company Nestlé has confirmed media reports that it is in talks to acquire The Bountiful Company, a New York based manufacturer of vitamins and supplements majority-owned by private-equity firm KKR. Based in Long Island New York, Bountiful has been headed up by CEO Paul Sturman since 2017 and is a branded producer of vitamins and supplements under product lines such as Nature’s Bounty, Pure Protein and Puritan’s Pride. Bountiful has manufacturing, packing, distribution, and warehouse facilities across the US and in Canada and the UK…

Read More

Komari Beverages launches first hard seltzer drink Arada in Ethiopia

ETHIOPIA – Komari Beverages, a newly built US$12m alcohol manufacturing company, has introduced hard seltzer into the Ethiopian market with the launch of new liqueur brand dubbed Arada. According to Detail Ethiopia, Arada is a sugar-free cocktail drink coming in three different flavours i.e., apple, pineapple and lime with a 5% alcohol by volume. It is packaged in an artistic bottle, aimed to mostly attract the youngsters who are by far the biggest consumers of hard seltzers across the globe, looking for an alternative light alcoholic beverage. According to Allied…

Read More