ITALY – Apollo Global Management, a US-based investment fund, has agreed to acquire a 67% ownership stake in Reno De Medici (RDM)…
Read MoreApollo to buy 67% stake in Italian packaging firm Reno De Medici for US$430m
Day: July 7, 2021
Indian animal protein startup Licious raises US$192m to fund future growth plans
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…
Read MoreUK issues stringent regulations for junk food marketing to curb rise of unhealthy eating habits
UK – The government of the United Kingdom has banned late-night advertising of junk food in an effort to promote a healthy…
Read MoreKenya to develop US$5.5m embryo transfer facility to improve local cow breeds, heighten milk production
KENYA – The government of Kenya is seeking to establish a KSH 600 million (US$5.5m) embryo transfer facility in Eldoret,…
Read MoreIITA to establish fifth Alflasafe production facility in Mozambique, heightening fight against aflatoxin contamination
MOZAMBIQUE – The International Institute of Tropical Agriculture (IITA), has signed a Technology Transfer and Licensing Agreement (TTLA) with Mozambique’s…
Read MoreNigerian cocoa-exporting company ADT Russet gets US$2.8m financing to drive market access
NIGERIA – The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), has provided ADT Russet Limited, a cocoa bean…
Read MoreIndia’s advertising watchdog partners food safety authority to fight misleading claims in foods & beverages ads
INDIA – The Advertising Standards Council of India (ASCI) and the Food Safety and Standards Authority of India (FSSAI) have partnered to…
Read MorePost Holdings makes new executive appointments as Tyra Banks unveils new ice cream brand
US – American consumer packaged goods company, Post Holdings, has made two executive appointments to drive better collaboration, cost reduction and revenue…
Read MoreCoca-Cola to open new tech center in South Africa, expanding its global digital network
SOUTH AFRICA – The coronavirus pandemic has triggered seismic shifts in shopping behaviour, challenging The Coca-Cola Company to reinvent its…
Read MoreRFG eyes bigger share of frozen foods market in SA with acquisition of Pioneer Foods’ business
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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