Barry Callebaut inaugurates world’s largest chocolate warehouse in Belgium

BELGIUM – World-leading cocoa and chocolate manufacturer The Barry Callebaut Group, has inaugurated its new Global Distribution Center in Lokeren, Belgium.   Dubbed ‘The Barry Callebaut Chocolate Box’, the new warehouse is touted as the world’s largest and most sustainable chocolate warehouse.  The warehouse will be the logistical hub for all packed Belgian chocolate and decorations products, produced in Barry Callebaut’s chocolate factories in Wieze and Halle, Belgium.  With a total investment amount of EUR 100 million, it is the largest investment Barry Callebaut has ever made in its operations network,…

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Bolt Food South Africa expands into Johannesburg as it guns for rivals

SOUTH AFRICA – Bolt Food South Africa, the food delivery arm of ride-hailing firm Bolt, has expanded into Johannesburg, targeting to take on main competitors Uber Eats and Mr D Food in the market. The food delivery app, which launched in Cape Town during the onset of the COVID-19 lockdown in 2020, says it has experienced 50% month-on-month growth since the beginning of the year and is betting on competitive prices, as it eyes nationwide expansion. “We piloted Bolt Food in Cape Town last year, with outstanding results. Restaurants and…

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Arla Foods UK sets new rules for organic famers as it targets to grow milk production by 50%

UK – Danish multinational cooperative Arla Foods has set a new target to achieve more than 50% growth across its UK organic retail and foodservice business in the next five years.   This will enable the farmer-owned dairy cooperative to take advantage of the rising popularity of organic foods among consumers.  According to a report highlighted by Arla, organic food category emerged as one of the strongest grocery sectors during the last 12 months, with sales growing by 9.4%, compared to 5.6% for its non-organic counterparts.   To achieve this growth,…

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Ugandan coffee roaster Bushbucks Coffee expands global reach with entry into Japanese market

UGANDA – Bushbuck Coffee, a Ugandan coffee roaster and seller of premium specialty coffee beans has expanded its footprints in the global market by selling its maiden coffee consignment to Japan. Flagging off the shipment, Bushbucks Coffee handed over a consignment of 34 boxes of roasted coffee to DHL Global Forwarding for further shipment to Japan. According to reports by Nile Post, the products will be available in local retail outlets and cafes in Tokyo from the first week of November 2021 onwards. With the entry into new market, Bushbucks…

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Nestlé organic growth jumps 7.6% buoyed by higher commodity prices

SWITZERLAND – Swiss food manufacturing giant Nestlé is upbeat about its full year sales performance after an impressive 9-month run where organic sales jumped 7.6%, beating estimates by analysts.  Nestlé attributed the growth to continued momentum in retail sales, steady recovery of out-of-home channels, increased pricing, and market share gains.  Growth for the food company was broad-based across most geographies and categories with the developed markets delivering an organic growth of 7.1% and emerging markets posting a growth of 8.3%.   “We are pleased with Nestlé’s strong organic growth in the…

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Tiger Brands receives approval for secondary listing on A2X Markets

SOUTH AFRICA – South Africa’s largest food manufacturer, Tiger Brands, has announced that its ordinary shares will be listed and traded on alternate exchange, A2X Markets on 26 October 2021. Tiger Brands, with brands including All Gold, Black Cat, Albany, Koo and Jungle Oats, would retain its primary listing on the JSE and its issued share capital would be unaffected by its secondary listing on A2X. “Our listing on A2X provides our shareholders with the choice to transact our shares on an additional platform and capture the benefits it offers.…

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Coca-Cola rolls out new transparent Sprite bottle in Tanzania to promote plastic waste recycling

TANZANIA – Coca-Cola Kwanza, Tanzanian subsidiary of Coca-Cola Beverages Africa (CCBA), has officially unveiled the new look of its leading sparkling lemon-lime flavoured soft drink, Sprite, coming in a clear polyethylene terephthalate (PET) plastic bottle packaging. The latest shift from its iconic green bottle means more Sprite bottles can be collected, recycled, and reused to make new ones. According to Coca Cola, the clear PET can be made into a wide range of new products, such as pillow and duvet inners, as well as into new bottles, making it more…

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Ghanaian edible oil processing company Central Oil Mills Limited gets US$2.3m backing to rehabilitate facilities

GHANA – Ghana nears competition of rehabilitation works on locally owned agro-processing company Central Oil Mills Limited. The project which is 90% complete is undertaken through the government’s 1-District-1-Factory initiative. Operating two factories in Jukwa Mfuom and Asamanso in the Hemang Lower Denkyira District of Central Region, the company specializes in oil palm development and palm oil processing. Central Oil Mills, established in 2010 was identified as one of the potentially viable but distressed companies for the government’s Industrial Transformation Agenda. To this end, an organisational audit was conducted by…

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