US – Kind Healthy Snacks, a better-for-you snack company owned by Mars Incoporated, is entering the ice cream aisle with…
Read MoreKind launches plant based ice creams as Ferrara revamps fruit snacks portfolio
Day: May 19, 2021
Eat Just secures funding to accelerate research and development of its cultured chicken product
US – Alternative protein company, Eat Just has raised US$170 million in funding for the expansion of its Good Meat…
Read MoreAB InBev transfers Jose Moran to be Tanzania Breweries’ Country Director from Zambian Breweries
ZAMBIA – Zambian Breweries Plc, a subsidiary of AB InBev, has made changes in its leadership team with the appointment…
Read MoreZambian producer of pre-cooked beans Mushili Beans plans to expand offering
ZAMBIA – Mushili Beans, a Zambian processer and supplier of affordable pre-cooked frozen beans that require 10-15 minutes of cooking,…
Read MoreIndia’s annual coffee production to increase by 5% as Honduras, Indonesia record declines
INDIA – India’s Coffee production for marketing year (M/Y) ) 2021/22 is forecast to increase by 5 percent to 5.41…
Read MoreIndian food processor Allana Group halts operations in Ethiopian unit following harsh operating environment
ETHIOPIA – Frigorifico Boran Foods Plc, the Ethiopian subsidiary of India-based Allana Group, has shut down its US$60m abattoir, after…
Read MoreNigeria’s Agvest Limited to list US$12.1m cashew nut contracts to raise funds for expansion
NIGERIA – Agvest Limited, Nigerian agricultural value chain player, is seeking to list cashew nut contracts worth N5 billion (US$12.1m)…
Read MoreShoprite holdings appoints two new non-executive directors to its board
SOUTH AFRICA – Shoprite Holdings Ltd, Africa’s largest consumer goods retailer has added new blood to its board with the…
Read MoreKakuzi Plc to strengthen business with earmarked US$3.7m capital injection
KENYA – Kenyan integrated agri-business firm, Kakuzi Plc, has announced that it will invest more than Ksh400 million (US$3.7m) in…
Read MoreHershey poised to expand offering with acquisition of better-for-you confectionery brand Lily’s
US – The Hershey Company, one of the largest chocolate manufacturers in the world, has entered into a definitive agreement…
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