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Sunday, February 5, 2023
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Breaking News
  • Plenty Unlimited undertakes various world’s largest and most advanced vertical farming projects
  • Record tax hike is unsustainable and threatens Australia’s spirits industry: Associations cry foul
  • Singrow debuts world’s first climate-resilient strawberry variety using advanced genomics technology
  • The UK government invests US$18.5M processing facility for Irish and sweet potatoes, the first ever in Kenya
  • Gavin Hudson resigns as Tongaat Hulett CEO amid delayed business rescue plan
  • Norfund invests US$4.7M in South-African food ingredient producer, Synercore, in expansion move
  • Kenya locks out sugar millers from duty-free imports window to cushion cane farmers
  • South African prices for frozen potato chips set to fall as anti-dumping duties lapse
  • Allowing US pork exports will bring sector to its knees, Pig Farmers Association of Ghana says
  • Planet-first nutrition will dominate consumer habits in 2023: FrieslandCampina consumer trend projections
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  • 2022
  • December
  • 9

Day: December 9, 2022

Asahi Group opens US$70m fund to manage startup investment for the next three years

December 9, 2022December 12, 2022

US – Asahi Group Holdings, a Japanese multinational food and beverage company, has established an investment management company, Asahi Group…

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Beverages Investments & Funding News LATEST NEWS WORLD NEWS 

South African Breweries revamps shelter for victims of gender based violence

December 9, 2022December 12, 2022

SOUTH AFRICA – In recognition of international 16 Days of Activism for no violence against Women and Children, South African…

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AFRICAN NEWS Beverages LATEST NEWS 

Diageo’s subsidiaries in South Africa, Kenya bring festive cheer to consumers

December 9, 2022December 9, 2022

SOUTH AFRICA – Premium spirits company Diageo has partnered with Massmart owned retail outlet Makro in Riversands, Johannesburg, opening a…

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AFRICAN NEWS Beverages LATEST NEWS 

Keurig Dr Pepper invests US$863m for 30% stake in active health and wellness company Nutrabolt

December 9, 2022December 12, 2022

US – Keurig Dr Pepper (KDP) is investing US$863 million in Nutrabolt, a fast-growing, global active health and wellness company,…

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Beverages Investments & Funding News LATEST NEWS Mergers & Acquisitions WORLD NEWS 

Hindustan Unilever forays into well-being market with acquisition of stake in Zywie Ventures and Wellbeing Nutrition

December 9, 2022December 9, 2022

INDIA – Hindustan Unilever (HUL), the Indian subsidiary of British multinational consumer goods company, Unilever, has announced its entrance into…

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LATEST NEWS Mergers & Acquisitions Nutrition, Health & Wellness WORLD NEWS 

Princes Group inaugurates US$63.3m expanded Cardiff facility

December 9, 2022December 9, 2022

UK – International food and drink group, Princes, has opened the £60m (US$63.33m) expanded drinks facility in Cardiff, Wales, to…

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Beverages Investments & Funding News LATEST NEWS Sustainability WORLD NEWS 

Kenya becomes first African nation to introduce and adopt electronic phytosanitary certification

December 9, 2022December 9, 2022

KENYA – Kenya has made a major step in marketing its Agro-produce internationally by becoming the first country in Africa…

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AFRICAN NEWS Agriculture & Agribusiness LATEST NEWS 

WTO says export restrictions can further contribute to worsened global economic outlook

December 9, 2022December 10, 2022

GLOBAL – Speaking at her annual World Trade Organisation (WTO) Trade Monitoring Report presentation at a meeting of the Trade…

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Investments & Funding News LATEST NEWS WORLD NEWS 

AfDB commits financial support to Botswana, DRC to bolster post-Covid-19 economic recovery

December 9, 2022December 9, 2022

BOTSWANA – The government of Botswana is set to receive US$179.66m loan from the African Development Bank (AfDB) to support…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News LATEST NEWS 

Ugandan Rena Beverages launches Hibiscus Tea Bags, SA Rooibos tea maker Bos Brands bags investment

December 9, 2022December 9, 2022

UGANDA – Uganda-based Rena Beverage Solutions has unveiled hibiscus tea bags that contain vitamins, iron, and antioxidants among others for…

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AFRICAN NEWS Investments & Funding News LATEST NEWS New Products 

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UPCOMING EVENTS

Africa Food Sustainability Summit – March 29, 2023 – Nairobi, Kenya

AFMASS Food Expo Eastern Africa – March 30-April 1, 2023 – Nairobi, Kenya

Africa Food Safety & Nutrition Summit Eastern Africa – March 30-April 1, 2023 – Nairobi, Kenya

Africa Dairy & Drink Summit & Expo – June 21-23, 2023 – Dar es Salaam, Tanzania

AFMASS Food Expo Western Africa – October 2023 – Lagos, Nigeria

Africa Food Safety & Nutrition Summit Western Africa – October 2023 – Lagos, Nigeria

MOST RECENT POSTS

  • Plenty Unlimited undertakes various world’s largest and most advanced vertical farming projects
  • Record tax hike is unsustainable and threatens Australia’s spirits industry: Associations cry foul
  • Singrow debuts world’s first climate-resilient strawberry variety using advanced genomics technology
  • The UK government invests US$18.5M processing facility for Irish and sweet potatoes, the first ever in Kenya
  • Gavin Hudson resigns as Tongaat Hulett CEO amid delayed business rescue plan

EVENT PRESS RELEASES

Mega Event Gulfood to play a leading role in tackling global food challenges, kick-starting a pivotal year for the UAE in 2023

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
February 3, 2023

Mondelēz International posts 9.7% FY2022 revenue rise boosted by strong performance in emerging markets
https://t.co/OT11TVqK4g
#FoodNews #FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #confectionery #financialresults #fy2022
@MDLZ

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
February 3, 2023

Cadbury Nigeria reports 110% profit surge amid challenging macroeconomic environment https://t.co/wcppcmhLkD

#FoodNews #FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #financialresults #nigeria #confectionery

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
February 3, 2023

Citrus Growers Association of South Africa calls on WTO to intervene in EU orange export stalemate https://t.co/x4thdy0Fg5
#FoodNews #FoodbusinessAfrica #FoodIndustry #FoodIndustryNews #orangeexports #southafrica #eu #cga
@wto

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February 2, 2023

Explore the extraordinary 2023 edition - download the show preview now - https://t.co/1xVzxy8q8p

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
February 2, 2023

Angola new fish farm/Zimbabwe resumes beef exportation/BUA Foods profit rise/Africa secures $30m/First African ILRI head - https://t.co/lT90YSGuO8

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