Chobani launches zero-sugar yogurt as taste remains top purchasing driver

US – Chobani, is rolling out a Greek yogurt without sugar as the dairy giant seeks to meet demands of consumers who are more closely watching what they eat and drink. According to the company, the new Chobani Zero Sugar, is the first nationally distributed product in the U.S. yogurt aisle that has no trace of the popular sugar. Each serving has 60 calories, uses only natural ingredients, is lactose-free and contains six live and active cultures including probiotics. The product that is shipping to retailers this month is Chobani’s…

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US Department of Agriculture to invest US$4B in strengthening food supply chains

US – The U.S. Department of Agriculture (USDA) has announced plans to invest over US$4 billion in strengthening food supply chains in order to make them resilient to future disruptions. According to a statement from USDA, the investment is part of President Joseph Biden’s Build Back Better Initiative aimed at securing increased domestic production and ensuring adequate stockpiles, security, and related workforce. The three-part Build Back Better agenda includes the American Rescue Plan, already passed by Congress, and plans that tackle issues facing American jobs and families. The USDA investment…

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Nestlé launches plant-based variant of Kitkat chocolate to meet customer demands

EUROPE – Nestlé, the world’s largest food company, is taking another industry leap with the launch KitKat V, a new plant-based variant of its popular 5-finger chocolate brand-Kitkat. According to a statement from the company, the new vegan version of the iconic KitKat will be on shelves from mid-June in the United Kingdom, Poland, Estonia, Latvia and Lithuania. Plans are also underway to roll out the new variant in other countries, including Australia and Brazil. Replicating the taste experience from a standard chocolate is however not easy task when using…

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Honeywell Flour Mills drives affordability of spaghetti in Nigeria with launch of new mini-pack

NIGERIA – Leading wheat-based products manufacturer in Nigeria, Honeywell Flour Mills Plc, has launched its new spaghetti mini pack as part of efforts to develop pocket-friendly products to customers. According to the company, the launch of Honeywell Spaghetti Mini was based on extensive research and insight into the Nigerian consumer behaviour which highlighted a shift towards purchase of smaller pack sizes of commodities. The spaghetti mini 200 gm pack has a retail price of N100 (US$0.24), fulfilling the company’s drive for affordability. Commenting on the launch of the product, Managing…

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Tanzanian agribusiness company Jatu PLC seeks to raise US$3.2m through IPO for business expansion

TANZANIA – Jatu PLC, a Tanzanian agri-business company is undertaking an initial public offering for its 15 million ordinary shares at the Dar es Salaam Stock Exchange (DSE) at Tsh 500 (US$0.22) per share. According to the company, the sale of the shares which commenced in 1st June is set to be finalized on 15th July with a target of raising Tsh 7.5 billion (US$3.2m). The DSE has suspended JATU from trading for a period of two months until July 28th to necessitate the synchronisation of JATU’s Corporation Actions related…

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Hindustan Unilever appoints veteran executive Srinandan Sundaram as head of Foods & Refreshment

INDIA – Hindustan Unilever, one of the leading consumer goods company in India , has appointed Srinandan Sundaram as the new Executive Director, Foods and Refreshment. Sundaram whose appointment takes effect as from July 1, 2021 Sundaram replaces Sudhir Sitapati who is leaving the organization after 21 years. Sudhir joined Hindustan Unilever in 1999 as a management trainee, successfully managed roles across Sales and Marketing with the most recent one being Executive Director Foods and Refreshment. He is credited for the transformation of Tea into a purpose-led category that regained…

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AAK partners Mars, NGOs and impact investor to undertake decade-long sustainable shea initiative in Ghana

GHANA – The global specialist in plant-based oils, AAK, has joined forces with global confectionery, food, and pet care company Mars Incoporated, several leading NGOs, and an impact investment fund to undertake the Women in Shea (WISH) initiative in Ghana. WISH, scheduled to run until 2030, aims to improve the livelihoods of women working in Ghana’s shea supply chain. Stakeholders in the initiative have the common goal to bring economic and social benefits to 13,000 women shea collectors from more than 150 communities in Northern Ghana. It also seeks to…

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Uganda coffee exports projects to enter 500,000 bags mark in June 2021 rise from May’s 494,050 bags

UGANDA – Uganda Coffee exports for the 12 months to end May 2021 amounted to 5,881,905 60-kilo bags worth US$ 540.72 million. This, according to the Uganda Coffee Development Authority (UCDA), was a 17.02% rise in quantity compared to 5,026,612 bags sold in the previous year and 10.76% increase in earnings from US$ 488.19 million earned in 2019/2020. Meanwhile, a look into the final month’s performance, Uganda fetched US$ 47.16 million from the export of 494,050 bags, an increase of 11.01% and 12.90% in value and quantity respectively compared to…

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Nestlé launches ‘Harvest Gourmet’ plant-based range for restaurants in South Africa

SOUTH AFRICA – Nestlé Professional, the Nestlé arm committed to foodservice operations has introduced its plant-based range ‘Harvest Gourmet’ for restaurants in South Africa. According to the Swiss food manufacturing giant, the launch is a heed to the call of flexitarians who want to eat less meat but don’t want to feel like they are eating vegetables While South Africans continue to identify themselves largely as a meat loving nation, a significant proportion of people would like to eat less than they currently consume. And, almost half of those who…

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