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Day: July 7, 2021

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

Jul 7, 2021Jul 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

Jul 7, 2021Jul 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

Jul 7, 2021Jul 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

Jul 7, 2021Jul 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

Jul 7, 2021Jul 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

Jul 7, 2021Jul 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

Jul 7, 2021Jul 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

Jul 7, 2021Jul 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

Jul 7, 2021Jul 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

Jul 7, 2021Jul 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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  • AfDB gets green light for US$1.5 billion African Emergency Food Production Facility from board
  • Libstar seeks to partner with budding food businesses through its Libstar Nova incubating hub
  • Nigerian Breweries speeds up transition to use of renewable energy, deploys green energy to Kaduna breweries
  • Russia expects to export more wheat from upcoming harvest owing to a large harvest and stockpile
  • Continued global grain market rally likely to reduce EU 2022 compound animal feed production

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FoodBizAfricaFood Business Africa Magazine@FoodBizAfrica·
May 21, 2022

Petronas Chemicals Group Berhad to tap into the sustainable solutions market with Perstorp acquisition https://t.co/nN2Az7YYnH
#FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #millingandgrains @perstorpgroup @Petronas

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FoodBizAfricaFood Business Africa Magazine@FoodBizAfrica·
May 21, 2022

Hill’s Pet Nutrition acquires Nutriamo to meet demand for wet pet food formulations in Europe https://t.co/45QOUdKAYv
#FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #millingandgrains @HillsPet

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FoodBizAfricaFood Business Africa Magazine@FoodBizAfrica·
May 21, 2022

Grain Foods Foundation petitions USDA to withdraw Checkoff Order from further consideration https://t.co/vHKwghCTrU
#FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #millingandgrains @USDA @GrainFoods

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FoodBizAfricaFood Business Africa Magazine@FoodBizAfrica·
May 21, 2022

Icelandic Brand Good Good to augment no added sugar product alternatives with US$20 million investment https://t.co/QwX4jRop1H
#FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #millingandgrains

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FoodBizAfricaFood Business Africa Magazine@FoodBizAfrica·
May 21, 2022

Indian open to exporting wheat to food deficit countries despite recent ban on wheat exports https://t.co/NChwBN9xOs
#FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #millingandgrains

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