French food ingredients supplier Eurovanille acquires Solvay’s vanilla business

GERMANY – French-based vanilla ingredients supplier Eurovanile has acquired Solvay’s Vanifolia range of vanilla flavours as part of efforts to expand its food formulation business.   As part of the deal, Solvay will maintain ownership of its Rhovanil business line and will provide Rhovanil Natural CW to Eurovanille for the production of Vanifolia for the next three years.  This is the first acquisition by Eurovanille for its growing food formulations business, building on its existing vanilla expertise, know-how, global presence, and supply of an expanded natural product line to customers.   The range comprises food formulations that use Solvay’s Rhovanil Natural CW as the primary ingredient…

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Siemens debuts new servomotors for food and beverages as Bürkert unveils new fluid control valves

GERMANY – Siemens is launching a new line of servomotors, designed for the clean condition requirements of the food, beverage, sterile packaging, pharmaceutical, and other process industries.   The SIMOTICS S-1FS2 servomotors are available in a range of power ratings, from 0.45–2kW (0.60–2.68 hp) with torque from 3.1–14 Nm (2.28–10.32 ft-lbs.).    Made with housings of 1.4404 (AISI 316/316L) stainless steel, EPDM seals, and bearing grease with NSF H1 approval, the company said the new servomotors are resistant to corrosion and acidic chemicals found in the process industries.    This degree of…

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Retail startup MarketForce appoints FMCG distribution veteran Arthur Bourekas as Chief Commercial Officer

KENYA – MarketForce, Kenya headquartered B2B platform for retail distribution of consumer goods, with operations in Nigeria, has appointed Arthur Bourekas as the Chief Commercial Officer, effective 1st October 2021. Mr. Arthur has over 25 years of experience executing commercial growth, logistics and distribution in some of the most challenging countries in the world. He worked for A.G. Leventis (Nigeria) PLC and PZ cussons in Nigeria, Indonesia, Malaysia and Australia. He is a veteran FMCG distribution expert in Africa, where he has spent over 17 years supporting conglomerates listed on…

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Dubai’s food, beverage trade with Africa hits 4-year high at US$2.4 billion in 2020

AFRICA – As the world moves closer to achieving a global economy, Africa is fast emerging as one of the most important markets for the United Arab Emirates. Dubai’s food and beverage (F&B) trade with Africa hit a four-year high at US$2.4 billion in 2020, according to a recent analysis by the Dubai Chamber of Commerce and Industry. The value of trade last year, which doesn’t include tobacco, was 18 percent higher compared to the previous year and the highest since 2017. During the five-year period 2015 – 2020, the…

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Mettler-Toledo debuts entry-level metal detection system to enhance food inspection systems among SMEs

US –  Mettler-Toledo Product Inspection has launched M30 R-series GC, a new a series of metal detection systems aimed at enhancing food inspection operations of small and medium-size manufacturers and/or co-packers.   The new metal detection systems feature a Sense software-powered digital platform and advanced algorithms which makes it possible to deliver high sensitivity to all metal contaminant types with minimal false rejects.  Dynamic stability control innovations which are incorporated into the system stabilize the core sensor of the metal detector to help protect against environmental noise and vibration interference for increased reliability.   …

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Unilever’s TaiCang facility named world’s most advanced ice cream factory

CHINA – Unilever’s food manufacturing facility in the Chinese county of Taicang has been added to the list of the world’s most advanced factories by the World Economic Forum.  Since 2018, the World Economic Forum has been recognising companies that incorporate Fourth Industrial Revolution (4IR) technologies into their manufacturing and supply chain operations.  These sites adopt and deploy 4IR technology – such as artificial intelligence and Internet of Things – to maximise efficiency and competitiveness, and drive sustainable and responsible business growth, while upskilling the workforce and protecting the environment.   They also provide a…

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Tanzanian honey processing firm invests in modern facilities, EU launches US$10m initiative to boost production of sweetener

TANZANIA – Kijiji Cha Nyuki, a Tanzania based company is seeking to invest over Ksh700 million to boost its honey production capacity. The investment, according to reports by Citizen Tanzania, will be channelled towards installation of modern bee hives in a bid to meet rising demand of the commodity in both the domestic and international markets. The global honey market is forecasted to grow from US$8.17 billion in 2021 to US$11.88 billion in 2028 at a CAGR of 5.5% in forecast period, indicates Fortune Business Insight. The sector has exhibited…

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The Bill & Melinda Gates Foundation pledges US$922M to bridge global nutrition gap

US – The Bill & Melinda Gates Foundation has pledged to commit US$922 million over the next five years to address global nutrition.  The pledge, delivered at the first-ever United Nations Food Systems Summit, is the foundation’s largest nutrition commitment to date, a statement from the foundation said.   Through the new commitment, the foundation aims to advance its mission of ensuring women and children have the nutrition they need to live healthy and productive lives.   Bill Gates, co-chair of the Gates Foundation noted that investment in nutrition is critical to…

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Naivas takes over spaces left by financially struggling Uchumi, collapsed Nakumatt supermarkets

KENYA – Kenya’s largest and fastest growing supermarket chain, Naivas is seeking to be the new tenant of Uchumi’s only standing outlet in the Central Business District in Nairobi, along the Aga Khan Walk. Naivas’ move of taking over the outlet, which had for ages been occupied by the cash strapped supermarket chain, Uchumi, hints of an end of an era. The retailer has been sitting on pins and needles due to debt running into billions, despite multiple cash injection from the government to keep the operations afloat. Other than…

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Ghana COCOBOD signs US$1.5 billion syndicated finance facility for 2021/2022 cocoa season

GHANA – World’s second largest cocoa producing country, Ghana, is set to receive US$1.5 billion financing from a consortium of local and international financial institutions, to finance cocoa purchases for the 2021/2022 Cocoa Season. The sector’s regulatory body, Ghana Cocoa Board (COCOBOD) inked the multi-billion-dollar Pre-export Syndicated Finance agreement with a total of 28 institutions, made up of 4 local and 24 international financial institutions. The Initial Mandated Lead Arrangers were Standard Charted Bank, Industrial and Commercial Bank of China, Coöperatieve Rabobank, MUFG Bank Ltd, Natixis, Nedbank Ltd and Ghana…

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