Natural color supplier GNT invests US$30m in North American facility expansion

USA – Netherlands-based supplier of natural colours to the food industry GNT is investing US$30 million to expand its US-based facility for North American ingredient production. According to GNT, the 49-acre facility is strategically located close to Charlotte in North Carolina and will be used to supply customers throughout the US, Canada and Mexico. The facility’s warehouse which has already been commissioned “will bring increased capacity, supply-chain efficiency, and improved control of inventory,” notes Hendrik Hoeck, CEO at GNT Group. Expansion works will also see the construction of a new…

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AfDB champions for more investments in Africa’s agriculture sector to boost food security

AFRICA – The African Development Bank Group has raised a call for all African and global leaders as well as development organizations, to increase investment in agricultural technologies that boost Africa’s food production and food security in the face of climate change. The continent has immense potential to feed itself and to become a breadbasket to the world as about 65 percent of the Earth’s remaining uncultivated, arable land is in Africa. However, that potential is threatened by erratic weather extremes. It is also stunted because a majority of African…

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Nigeria’s Chicken Republic brand owner boasts of 200 outlets in West Africa

NIGERIA – Food Concepts, a leading Quick Service Restaurant (QSR) operator in West Africa has opened its 200th store in the region. Established in 2001, the fast-food chain operates stores across Nigeria and Ghana, trading under the Chicken Republic, PieXpress and Chop Box brands. The opening of the new store is a significant milestone for the restaurant owner who operates alongside players such as Eat n Go, in the highly competitive market. The master franchisee for Domino’s Pizza, Cold Stone Creamery, and Pinkberry Gourmet Frozen Yoghurt, in the same fashion…

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GE Foundation supports FoodForward South Africa to offer food relief to communities impacted by COVID-19

SOUTH AFRICA – FoodForward SA, the largest food redistribution organisation in South Africa has received a US$100,000 donation from the GE Foundation, to provide immediate relief to South Africa’s communities experiencing food insecurity. The support was issued by GE Foundation as it marked the World Food Day, celebrated annually on 16 October, in line with its efforts to address the economic and social implications of the COVID-19 pandemic. The donation will enable Food Forward SA to provide more than 20,000 people with one meal per day for 12 months in…

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Egyptian startup Talabeyah digitizing mom and pop stores raises US$1.1m to boost growth

EGYPT – Egypt-based startup Talabeyah, running a food and grocery B2B e-commerce and distribution platform, has raised US$1.1 million in pre-seed funding round from a group of strategic angel investors, to help boost its strong early growth. Founded by Karim Nassef, Amr Abbas, Khaled Hussein and Adel Hodroj in July 2020, Talabeyah provides a tailored simple solution for retailers, allowing them to order inventory in one click. Its end-to-end model also provides FMCG suppliers with bigger reach to retailers, direct marketing communication channels, and real-time data to enable them for…

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