Graphic Packaging takes full ownership of US$6Bn partnership with International Paper

US – Graphic Packaging, a leading provider of sustainable fiber-based packaging solutions for a wide variety of products to food, has acquired the remaining shares of the partnership that it hard formed with International paper in 2018. During the formative years, Graphic Packaging owned a 79.5% of the partnership and become the sole manager, while International Paper held a 20.5% stake. Over the last year, International Paper has reduced its interest in the partnership company, with Graphic Packaging upping its ownership stake to 82.5% following two transactions, each at US$250…

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Germany extends deadline for PET bottles to become part of mandatory deposit system

GERMANY – The Bundestag, Germany’s federal parliament, has approved changes to the German Packaging Law, extending the period before PET juice bottles are required to become part of the mandatory deposit system. The mandatory deposit system requires that sellers charge a deposit for every drink that is packaged in non-refillable packaging. Buyers would then get refunded once they return their packaging to the point of purchase where it will be processed for recycling. Formulators of the system argued that it would be good for the environment as yields a higher…

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AGRA, CropIn tap into digital technologies to boost Africa’s extension service coverage

AFRICA – CropIn, an agritech organization has partnered with the Alliance for a Green Revolution in Africa (AGRA) to launch a new program that seeks to increase the access to extension services by farmers in Africa. AGRA works with governments, private sector companies and other organizations to bring knowledge and extension services to farmers through the use of self-employed Village-Based Advisors (VBAs). Under the new partnership, the two parties will select and train 10,626 entrepreneurial VBAs to reach three million farmers in Ghana, Nigeria, Burkina Faso, Mali, Tanzania and Mozambique.…

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Smallholder tea farmers to get direct ownership of Kenya Tea Development Agency Holdings

KENYA – Individual smallholder tea farmers affiliated with the Kenya Tea Development Agency Holdings PLC (KTDA Holdings PLC) will now own direct shareholding of the company alongside their respective 54 tea factory companies, further cementing their ownership and proprietorship in the organisation. This comes after KTDA shareholders amended the company’s Articles of Association to enable the allotment of the company’s shares to individual farmers under a new category of shareholders known as “Tea Farmers.” Each of the 54 Tea Factory Companies, through their respective portions of their 5 million bonus…

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Nigeria set to welcome coconut oil processing factory aimed to boost the economy

NIGERIA – Nigeria is nearing completion of the new coconut oil processing factory in Akwa Ibom State, Southern part of the country. The facility known as Gabriel’s Coconut factory, is set to commence operations in September this year. This was revealed by the State Governor, Udom Emmanuel, while inspecting the installation of production lines at the factory. According to the state government, the plant will have a processing capacity of 300,000 coconuts per shift, translated to an out-put of 66 tons in a day from three shifts of production. To…

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Kenyan dairy processor Brookside partners with SunCulture, installs solar water pumps to boost milk production

KENYA – Eastern Africa’s largest dairy processing company, Brookside Dairy Limited, has partnered with SunCulture, an off-grid solar technology firm, to provide dairy farmers in Kenya with solar-powered irrigation systems, in a bid to boost milk production. The targeted beneficiaries of the project are farmers contracted by the processor, who will use the solar powered systems to water their fodder crops using sprinkler irrigation and provide the livestock with reliable drinking water. This will ensure the utilisation of existing water sources at the farms, with the assurance of year-round availability…

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Kenya’s military remodels Kenya Meat Commission’s plant, eyes export market

KENYA – The President of Kenya, Uhuru Kenyatta, has re-opened the refurbished meat processing plant of the state-owned Kenya Meat Commission, located in Athi River. The reopening comes months after the President fully transferred the management of the commission from the Ministry of Agriculture, Livestock and Fisheries to the Ministry of Defence. The transfer mandated the KDF to redesign the infrastructure of the commission with a view of making it more viable to meet food challenges in the county. To this end, the military pumped in funds to revive the…

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