Tate & Lyle supports food innovation in MENA with opening of new application centre in Dubai

UAE – Tate & Lyle PLC, a leading global provider of food and beverage solutions and ingredients, has opened its new Technical Application Centre in Dubai to support food innovations in the Middle East and Africa region.  According to a statement from the company, the US$2 million center is fitted with advanced equipment and an optimised prototyping process to help customers drive their innovation agenda faster.   Additionally, the center’s highly trained experts will support manufacturers across the region to deliver successful food formulation, from ingredients and recipes to the application and sensory…

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European sugar production rise as effect of beet yellows virus wanes

EUROPE – Sugar production in the European Union is set to rise to 16.6 million metric tons (MMT) in Raw Sugar Equivalents (RSE) in the market year (MY) 2021/22, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).  USDA attributed the rise in sugar production to a healthy sugar beet crop that suffered less from beet yellows virus (BYV) disease when compared to the MY 2020/21 production.  For sugar beet, the main source of sugar for the EU, USDA has forecast production for…

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Olam, Nespresso lend their expertise in coffee industry to communities in DRC as part of bio-diversity protection initiative

DRC – International development organizations, USAID, TechnoServe, the Wildlife Conservation Society, and Asili, have partnered with leading food industry players Nespresso and Olam Food Ingredients to launch the Gorilla Coffee Alliance in the Democratic Republic of the Congo. The five-year initiative is aimed to breathe new life into the region’s coffee industries and communities, in a bid to foster vital economic growth in the coffee sector while preserving local ecosystems in Kivu. One of its main focuses is to reduce the threat facing the region’s endemic and critically endangered Grauer’s…

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New Zealand’s milk production to fall in 2022 as weather patterns normalize

NEW ZEALAND – New Zealand’s milk production is forecast to drop 0.5% in 2022 as the industry returns to more normal production trends after the exceptional production season of 2021, USDA has reported.   According to recent USDA projections, about 22.25 million metric tons (MMT) of milk will be produced in the 2022 production cycle, assuming normal weather patterns prevail.  Propelled by a stellar first half of the year, milk production for 2021 is now estimated at 22.37 MMT, 1.8 percent above 2020.   USDA notes that the volume may have even been…

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Kenchic Limited continues to align operations with international standards renews FSSC 22000 certification

KENYA – Kenchic Limited, leading producer of poultry in East and Central Africa region has once again receive the Food Safety System Certification (FSSC) 22000 from the global certification body SGS. The FSSC 22000 certification allows Kenchic’s chicken processing plant to produce quality, safe & nutritious chicken for both local & international markets. The poultry processor attained its first FSSC 22000 certification in 2011 and has since been renewing it after undergoing a series of stringent food safety tests and audits, a testament to its implementation of the most robust…

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Vita Coco attracts US$20M investment ahead of planned IPO

US – Coconut water brand Vita Coco has attracted a US$20 million investment from an entity affiliated with Keurig Dr Pepper.   The investment was made as a private placement, buying out an existing shareholder, Verlinvest Beverages, according to an updated S-1 filing with the Securities and Exchange Commission.  The updated S-1 filing did not identify the investor except to note that it was “an entity affiliated with Keurig Dr Pepper.”    The investment comes as Vita Coco moves a step closer toward its IPO which is expected to debut in October, this…

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Bunge to sell Mexico mills to Grupo Trimex as part of portfolio optimization strategy

MEXICO – American agribusiness and food company Bunge has agreed to sell seven Mexican wheat flour mills to  Mexico’s largest flour miller Grupo Trimex.  World Grain reported that the sale for an undisclosed amount continues a recent trend by Bunge to optimize its portfolio to focus on core businesses.  Portfolio optimization has been regarded as a top priority of Bunge chief executive officer Greg Heckman who has been at the helm of the American commodity trading giant since 2019.   The plants involved in the transaction are located in Campeche, Mexico City, Acapulco, Guadalupe, Queretaro, Navojoa…

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Cameroonian brewer SABC ventures into poultry farming with establishment of modern hatchery

CAMEROON – Cameroonian brewing company, Société Anonyme des Brasseries du Cameroun (SABC), has diversified its operations into poultry farming. The subsidiary of the French beverage company Castel, has set up a new subsidiary, the Cameroonian Farming Company (CFC), aimed to boost growth of the country’s agriculture sector. The newly established CFC facilities feature a parent farm which will produce 112,500 hatching eggs/week and a hatchery capable of producing 90,000 one day old chicks per week. The CFC established at an investment of XAF 18 billion (US$31.9m) also encompasses a specialized…

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Nigerian food, home service provider Eden Life closes US$1.4m seed funding round

NIGERIA – Eden Life, Africa’s first home services app strategically positioning itself as the go-to platform for home service such as food delivery, has completed a US$1.4 million Seed round, led by UK-based LocalGlobe, along with participation from Samurai Incubate, Future Africa, Village Global, Rising Tide Africa and Enza Capital. The funding round brings Eden Life’s total investment to date to US$2 million following pre-seed backing from all of Andela’s original co-founders, and additional accelerator support over the last 18 months. The new capital raised will be deployed to build…

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Ghana to allocate 150,000 hectares for grazing reserves to curb herd conflicts

GHANA – The government of Ghana is set to convert 150,000 hectares of land into grazing reserves in a bid to provide ample feed for cattle, whose grazing and transhumance has led to conflicts between the herders and farmers. According to reports by Ghanaian Times, the facilities estimated to cost GHc25 million, are going to have forage that could sustain the feeding of about 520,000 cattle over a four-month period. This implies that once the reserves have their targeted forage, they have four months to prepare the next stock. Areas…

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