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  • 2021
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Day: July 7, 2021

Apollo to buy 67% stake in Italian packaging firm Reno De Medici for US$430m

July 7, 2021July 7, 2021

ITALY –  Apollo Global Management, a US-based investment fund, has agreed to acquire a 67% ownership stake in Reno De Medici (RDM)…

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LATEST NEWS Mergers & Acquisitions Supplier News & Innovations WORLD NEWS 

Indian animal protein startup Licious raises US$192m to fund future growth plans

July 7, 2021July 7, 2021

INDIA – Licious, a direct-to-consumer fresh meat and seafood brand, has raised US$192 million in a Series F funding round led by Singapore-based investment firm…

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Investments & Funding News LATEST NEWS Meat, Poultry & Fish WORLD NEWS 

UK issues stringent regulations for junk food marketing to curb rise of unhealthy eating habits

July 7, 2021July 7, 2021

UK – The government of the United Kingdom has banned late-night advertising of junk food in an effort to promote a healthy…

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Food Safety & Regulatory LATEST NEWS Nutrition, Health & Wellness WORLD NEWS 

Kenya to develop US$5.5m embryo transfer facility to improve local cow breeds, heighten milk production

July 7, 2021July 7, 2021

KENYA – The government of Kenya is seeking to establish a KSH 600 million (US$5.5m) embryo transfer facility in Eldoret,…

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AFRICAN NEWS Dairy & Infant Foods Investments & Funding News LATEST NEWS 

IITA to establish fifth Alflasafe production facility in Mozambique, heightening fight against aflatoxin contamination

July 7, 2021July 7, 2021

MOZAMBIQUE – The International Institute of Tropical Agriculture (IITA), has signed a Technology Transfer and Licensing Agreement (TTLA) with Mozambique’s…

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AFRICAN NEWS Agriculture & Agribusiness LATEST NEWS 

Nigerian cocoa-exporting company ADT Russet gets US$2.8m financing to drive market access

July 7, 2021July 7, 2021

NIGERIA – The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), has provided ADT Russet Limited, a cocoa bean…

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AFRICAN NEWS LATEST NEWS Tea, Coffee & Cocoa 

India’s advertising watchdog partners food safety authority to fight misleading claims in foods & beverages ads

July 7, 2021July 7, 2021

INDIA –  The Advertising Standards Council of India (ASCI) and the Food Safety and Standards Authority of India (FSSAI) have partnered to…

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Food Safety & Regulatory LATEST NEWS WORLD NEWS 

Post Holdings makes new executive appointments as Tyra Banks unveils new ice cream brand

July 7, 2021July 7, 2021

US – American consumer packaged goods company, Post Holdings, has made two executive appointments to drive better collaboration, cost reduction and revenue…

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Dairy & Infant Foods LATEST NEWS People News WORLD NEWS 

Coca-Cola to open new tech center in South Africa, expanding its global digital network

July 7, 2021July 7, 2021

SOUTH AFRICA – The coronavirus pandemic has triggered seismic shifts in shopping behaviour, challenging The Coca-Cola Company to reinvent its…

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AFRICAN NEWS Beverages LATEST NEWS 

RFG eyes bigger share of frozen foods market in SA with acquisition of Pioneer Foods’ business

July 7, 2021July 7, 2021

SOUTH AFRICA – RFG Holding, South Africa-based producer of fresh, frozen and long-life convenience meal solutions, has entered into an…

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AFRICAN NEWS LATEST NEWS Mergers & Acquisitions 

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MOST RECENT POSTS

  • Arla Foods inaugurates state-of-the-art Dairy Farm in Kaduna to boost sustainable milk production in Nigeria
  • Fonterra reduces farmgate milk prices due to decline in demand
  • Astral Foods projects half-year profit crash
  • PepsiCo replaces natural gas with green energy in crisp production at Netherlands site
  • New Zealand honey producers lose fight with Australia over trademarking Manuka honey

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