UAE – French yeast manufacturer Lesaffre has established a new baking center in Dubai to drive baking innovation in the…
Read MoreDay: November 10, 2021
Out of necessity Burton and Bamber invents delectable treats from locally sourced fresh produce
The realization that more than 50% of Kenya’s local fresh produce do not reach the market due to post-harvest handling led Jonathan and Ofelia to co-partner in the founding of Burton and Bamber, a food processing company in Kenya that creates dried fruit treats for markets as far as the Philippines.
Read MorePlant-based food’s future growth to be driven by price and choice, reveals Innova Market Insights
EUROPE — Price and choice have been identified as the two key factors that will drive future growth of the…
Read MoreOpportunities For Equipment Financing In Food Manufacturing
Starting a manufacturing business, especially one in the food sector, can be intimidating because of the associated costs. This however doesn’t have to be the case. With the right financial solutions, manufacturers can acquire new equipment, modernize their operations, or retool their factory while preserving liquidity to run daily operations.
Read MoreRCL Foods registers strong earnings growth despite chicken division lagging behind
SOUTH AFRICA – South African food processor RCL Foods, has reported a 14% rise in full year revenue for the…
Read MoreEgyptian 20-minute grocery delivery startup Rabbit closes record high US$11m pre-seed funding round
NORTH AFRICA – RabbitMart, an Egyptian inventory-led on-demand delivery venture that also goes as Rabbit, has raised US$11 million in…
Read MoreBarry Callebaut trade volumes return to pre-pandemic levels as former CEO makes a comeback
SWITZERLAND – Swiss chocolate maker, Barry Callebaut has seen trade volumes return back to pre-pandemic levels thanks to pandemic-weary customers…
Read MoreCocoa industry in Africa tainted with a myriad of challenges but sector soldiers on
Cocoa industry in Africa is one dogged with challenges ranging from poor farmer incomes to child labor and deforestation. Continued focus on sustainability and fairtrade has however ushered a new era for cocoa, promising a better future for the crop that sustains the US$150 billion chocolate industry.
Read MoreMolson Coors appoints Sergey Yeskov to succeed Simon Cox as Europe President and CEO
EUROPE -Molson Coors Beverage Company has announced the appointment of Sergey Yeskov as President and CEO of its European operations, effective January 1, 2022. …
Read MoreDennis Rodenbaugh to succeed Richard Smith as Dairy Farmers of America CEO
USA – U.S. national milk marketing cooperative, Dairy Farmers of America (DFA) has announced the appointment of Dennis Rodenbaugh as its…
Read More