Day: August 20, 2021

Pizza Hut to offer Indian customers ice cream, desserts following partnership with Hindustan Unilever

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INDIA – Quick service restaurant Pizza Hut has partnered with Hindustan Unilever to introduce ice creams and desserts cross its owned and aggregator platforms.  As a result of the partnership, HUL’s Kwality Wall’s ice cream and desserts will now be added to Pizza Huts to dine-in as well as the delivery and takeaway menu.   With this partnership, Pizza Hut expects to increase its average order value by 10 percent for orders that have Kwality Wall’s ice cream and desserts, a joint statement said.   Pizza Hut and the Anglo-Dutch FMCG major Unilever, the parent company of HUL, have a similar global partnership across…

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Vietnam dairy brand Vinamilk to launch in Philippines following partnership with Del Monte

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PHILIPPINES – Vietnam Dairy Products JSC (Vinamilk), has partnered with Del Monte Philippines Inc. (DMPI) on a joint venture that will see vinamilk products launch in the Phillipines.  According to Dairy reporter, each company committed US$3 million to the project, which will use the co-brand of Del Monte-Vinamilk for its products.  The companies plan to leverage the brand equity of both corporations to make a presence in the highly lucrative Pilipino market.   The Philippines dairy market recorded robust growth in 2019 and is continuing to attract both regional and international players.   Additionally, the country has the second largest…

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SIG commissions second plant for aseptic carton packaging in China

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CHINA – Switzerland-based supplier of aseptic packaging solutions SIG has commissioned a new plant in China as part of efforts to expand its presence in Asia’s largest economy.   According to a statement from the company, the plant is located close to SIG’s existing production facility at the Suzhou Industrial Park (SIP) which allows for shared resources in both production and operations.   The new facility is also close to SIG’s Asia Pacific Tech Center, with innovation capabilities to introduce new concepts and solutions to SIG customers.  SIG said having its tech…

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Ghana, Ivory Coast to attain bullish cocoa production in 2020/21 season further stamping dominance in sector

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GHANA – Ghana, world’s second largest cocoa producer and exporter, is expected to set a new record high of cocoa production in the 2020/21 season. According to the Ghana Cocoa Board, the current season’s production is forecasted to reach 1.06 million tonnes, as 1.03 million tonnes has already been recorded with and only six weeks left to end of season. The already attained production beats the previous record of 1.024 million metric tonnes registered in the 2010/ 2011 crop season. It is also higher that the out-put registered in 2019/2020…

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E-commerce retail startup Alerzo secures US$10m Series A round to expand geographically

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NIGERIA – Alerzo, a B2B e-commerce retail startup based in Ibadan, Nigeria has announced a US$10.5 million Series A round led by New York-based Nosara Capital. FJ Labs and several family offices from the U.S., Europe and Asia, including Michael Novogratz’s, participated in the round. The proceeds from this Series A round will be used to expand geographically to northern Nigeria. Alerzo also plans to launch AlerzoPay, the company’s cashless payments and lending platform, as well as a portfolio of new business support services, reports Techcrunch. In total, Alerzo has…

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PepsiCo targets to replenish more water than it uses as part of goal to be “net water positive” by 2030

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USA – American-based multinational food and beverage company PepsiCo has made a pledge to become “net water positive” by 2030.  To achieve this goal, the maker of Pepsi and Mountain Dew soda brands aims to replenish more water than it uses in its operations.   PepsiCo says it will employ “best-in-class water-use efficiency standards” covering more than 1,000 company-owned and third-party facilities.   It is hoped the program will enable the company to reduce water usage by 11 billion liters per year – a 50% reduction in the water currently at PepsiCo’s sites.   PepsiCo also hopes to…

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Coca-Cola Beverages Africa expands ‘World Without Waste’ partnerships in Uganda

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UGANDA – Coca-Cola Beverages Africa in Uganda, through its Plastic Recycling Industries initiative (PRI), has expanded its World Without Waste partnerships by inking two separate Memoranda of Understanding (MOUs) with Kampala-based recycling companies FengHuang Plastics Industries and Aquila Investments Limited. The parties have committed to work together to step up collection and recycling of plastic waste countrywide. At PRI, waste plastic is transformed into flake products which are mostly sold to foreign markets. These are then used to manufacture a range of products like polyester fibres (a base material for…

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Kenyan milk collection center Ol Kalou Dairy ventures into processing with US$1.1m plant

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KENYA – Ol Kalou Dairy, a leading milk collection dairy in Nyandarua County, Central of Kenya has commissioned a 5,000 litres-per-hour milk pasteurisation processing line. The Kshs. 120 million (US$1.1m) milk processing plant will enable the company to process and package milk in readiness for the market instead of relying on other processors, thus increasing the profit margin for the farmers. Incorporated in 2001, the company currently has 14,400 registered milk suppliers with 50% of them actively supplying milk to the dairy. Currently, Ol Kalou Dairy receives between 35,000 litres…

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World Bank supports development of Ethiopia’s dairy sector with US$93m financing channelled towards improvement of breed stock

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ETHIOPIA – Ethiopia is seeking to boost milk production in the country by improving its dairy cattle breed stock, through cross-breeding via Artificial Insemination (AI). To spearhead this initiative, World Bank has issued a Birr 4.2 billion (US$93m) financing to the government of Ethiopia. Under the project, according to reports by Capital Ethiopia, the Ministry of Agriculture (MoA) is set to import frozen bovine semen worth Birr 10 million (US$220,000) from Cogent Breeding Limited, a United Kingdom (UK) based company. The imported semen will be sexed, a procedure used to…

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