Louis Dreyfus to build coffee facility in Vietnam as Cargill eyes greater share of Asia-Pacific’s chocolate market

VIETNMAN – Agricultural commodity trading giant Louis Dreyfus Company (LDC) is expanding its presence in Vietnam through a new joint venture agreement with Poland-headquartered private label coffee company Instanta. Through the venture, the two companies are planning to build and operate a freeze-dried instant coffee plant in Binh Duong province, Vietnam. The joint venture will operate under the name ILD Coffee Vietnam, with construction expected to start in thefirst half of 2022 LDC says the joint venture presents another step in its strategy to pursue greater vertical integration and revenue…

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Arla Food Ingredients introduces new concept for protein bars as Kendamil debuts world’s first baby formula ice cream

DENMARK – Arla Foods Ingredients is launching Lacprodan SoftBar, a new concept to help manufacturers create protein bars that offer healthier indulgence without compromising on functionality. According to the Danish company, the new concept was informed by the need to meet for tasty snacks that can quell carb cravings. As  the bar category becomes more competitive, Arla notes that roducts that don’t deliver an enjoyable consumer experience won’t be purchased a second time – especially when there are so many alternatives available. To help protein bar manufacturers stay ahead, Lacprodan…

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UK meat industry turning to prisons in desperate attempt to bridge labor gaps

UK – The UK meat industry is now turning to prisons in the hope of finding enough work force to bridge the current labor gaps that have deepened in the wake of the covid-19 pandemic. The meat industry in the UK has in the recent past been grappling with a dwindling work force as most experienced workers have found themselves being forced to self-isolate once coming into contact with a person that is later tests positive for Covid-19. The situation has been further compounded by Brexit which restricted EU migrant…

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Kenyan retail startup MarketForce raises further funding for expansion

KENYA – Kenyan retail-tech startup MarketForce has received an additional US$100,000 in funding from the Harambeans Prosperity Fund to the US$2 million pre-Series A round it announced earlier in July. Co-founded in 2018 by Tesh Mbaabu and Mesongo Sibuti, MarketForce, enables consumer brands to optimize how they deliver essential goods and services to retailers and consumers by bridging the information gap in last mile distribution, while maximizing efficiency across the sales and distribution value chain. The startup’s platform leverages mobile devices by enabling field agents to record all customer interactions…

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India supports climate resilient agriculture in Zimbabwe with US$1m contribution

ZIMBABWE – The United Nations World Food Programme (WFP) in Zimbabwe has received US$1 million from the government of India to support its efforts towards strengthening resilience to climate change in the country. The contribution, provided through the India-UN Development Partnership Fund, will be used to assist more than 5200 smallholder farmers in Chiredzi and Mangwe districts. Working alongside partners, WFP Zimbabwe will provide expertise through its Smallholder Agricultural Market Support (SAMS) programme, to strengthen the resilience and capacity of selected smallholder farmers. The project will promote the cultivation of…

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GAIL subsidiary of FMN Group boosts development of maize, soybean value chain in Nigeria

NIGERIA – Golden Agri Inputs Limited (GAIL), part of the agro-allied division of Flour Mills of Nigeria Group (FMN), has entered into a Memorandum of Understanding (MoU) with Kaduna State government to accelerate development of maize and soybean value chain in the region. The initiative, which is based on a well-defined Backward Integration Strategy, will be undertaken through the YALWA programme. According to FMN, the project will be carried out through strategic partnerships, with renowned hybrid seed companies like Corteva Agriscience and Golden Penny Fertilizer Company. About 25,000 farmers are…

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