Day: September 15, 2021

Alapala to set up second feed mill in Sudan featuring state-of-the-art automation systems

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SUDAN – Turkey’s premier milling equipment company Alapala, is set to build a turnkey greenfield feed mill project in Khartoum, Sudan. This will be the company’s 7th reference project in the country and second feed mill in the Eastern African nation. The planned feed mill will have a processing capacity of 10 tonnes per hour (TPH), comprising of a sorghum intake and storage unit, sorghum flake unit, cake grinding unit, silage handling unit, mixing unit, and storage unit. According to Alapala, it will import its raw material and produce white…

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Coca-Cola’s Odwalla brand finds new owner a year after discontinuation

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USA – The Coca-Cola Company has offloaded the rights to Odwalla brand to Full Sail IP Partners, a Warburg Pincus-backed investment firm that acquires brands. According to reports by Reuters, the deal does not include production and delivery of the juice and smoothie offering. The move, according to Full Sail IP Partners, a joint venture between Warburg Pincus and brand licensing consultant LMCA, is aimed to revive the juice and smoothie label that the soft drinks giant discontinued last year. The company plans to popularize Odwalla, which was founded in…

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Benson Hill to acquire US soy crushing operation to scale plant-based protein ingredients

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USA – Food tech company Benson Hill has agreed to purchase a soybean crushing facility from Indiana-based Rose Acre Farms, as it looks to expand its ingredients infrastructure. The investment is part of plans to scale the production of soybean products, including Ultra-High Protein soybean ingredients. The deal which is subject to customary closing conditions and is expected to close by the end of this month, will be funded through the expansion of Benson Hill’s debt facility with Western Technology Investment. Describing it as “a significant milestone,” Benson Hill revealed…

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Leading Swiss companies join forces to establish Cultured Food Innovation Hub

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SWITZERLAND – A new facility aimed to accelerate the development and market penetration of cellular agriculture products is set to be established in The Valley in Kemptthal, a hotbed of innovation and technology just outside of Zurich. The Cultured Food Innovation Hub is the brainchild of three companies; flavor and fragrance manufacturer Givaudan, food processing technology group Bühler, and retail company Migros. Going live in 2022, the pilot plant will be a self-sustained, standalone company wholly owned by the three leading Swiss companies, aimed to provide facilities and knowledge to…

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B2B e-commerce startup Capiter raises US$33m Series A funding round to drive expansion plan

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EGYPT – Capiter, a B2B e-commerce startup which brings together manufacturers, brands, wholesalers and retailers on one platform, has raised a US$33 million Series A funding round to power its rapid expansion into digital financial services and additional markets. The company is planning on providing more digital financial services and expanding into overseas markets after raising a US$33 million Series A funding round, led by fintech-focused venture firm Quona Capital and MSA, an independent and interdisciplinary investment company. The round also features Savola, Shorooq Partners, Foundation Ventures, Accion Venture Lab,…

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South Africa based Premier FMCG names Fritz Grobbelaar as its new CFO

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SOUTH AFRICA – Premier FMCG, one of South Africa’s leading and oldest consumer goods company, has appointed Fritz Grobbelaar to be its new CFO. Fritz takes over the position that was left vacant by Kobus Gertenbach, who was appointed the CEO of the company in March following the retirement of its former head Tjaart Kruger. The new CFO will build on the solid financial manufacturing foundation that has been established within Premier FMCG. “Sweating the detail is a crucial part of Fritz’s success combined with a strong focus on leadership…

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US based Corteva Agriscience launches digital agronomic farmers guide in Kenya

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KENYA – Corteva Agriscience, US based agriculture solutions provider has launched an application in Kenya to link farmers to agricultural experts, who will provide them with agronomic advice on weeds, diseases and pest control. The mobile application, dubbed Corteva FarmFundi, has been developed in partnership with Plantix and provides an easy-to-use, digital pest and disease identification guide for farmers. Mr Charles Mutema, Marketing Manager Corteva Agriscience Kenya said, “Our collaboration with Plantix allows us to combine the very best of innovative mobile farming technology with the keen insights and vast…

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Nile Breweries, Jumia champion smart drinking behavior: hydrating, eating while indulging in alcohol

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UGANDA – Uganda’s leading beer manufacturer and subsidiary of AB InBev, Nile Breweries Limited (NBL, has partnered with delivery service provider Jumia to commemorate the Global Smart Drinking Week (GSDW). The GSDW 2021 aimed to curb the harmful use of alcohol will run from September 13–17 and aligns with the first week of the United Nations General Assembly. According to the brewer, it will celebrate GSDW 2021, along its sister breweries around the world, championing the many specific behaviours and social norms that encompass smart drinking and aim to make…

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