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  • 2023
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  • 27

Day: January 27, 2023

Diageo reports strong half-year financials with 18.4% rise in net sales and growth across all regions

January 27, 2023January 27, 2023

UK – Diageo, the brand owner of Johnnie Walker, Guinness, Tanqueray, and Smirnoff, has posted a bullish half-year performance with…

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Beverages Financials & Economy LATEST NEWS WORLD NEWS 

IWSR mulls Saudi Arabia could be the next big opportunity for the no-alcohol category

January 27, 2023January 27, 2023

SAUDI ARABIA – As Saudi Arabia becomes more international in its outlook, IWSR says this could create opportunities for no-alcohol…

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Beverages LATEST NEWS WORLD NEWS 

World’s largest high-rise pig farm constructed in China to address insatiable demand for pork

January 27, 2023January 27, 2023

CHINA –A 26-storey high-rise pig farm worth ¥4 billion (US$590M) has been constructed on the outskirts of Ezhou, a city…

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LATEST NEWS Meat, Poultry & Fish WORLD NEWS 

South African fish farmers raise concern over offshore oil and gas exploration

January 27, 2023January 27, 2023

SOUTH AFRICA – South African fish farmers along the west coast have raised concerns about the impact of oil and…

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AFRICAN NEWS LATEST NEWS Meat, Poultry & Fish 

Diageo’s 14.97% stake increase in EABL approved amid flat growth in half-year earnings by the subsidiary

January 27, 2023January 27, 2023

KENYA – Diageo, the multinational alcoholic beverage company headquartered in the UK, through its wholly owned subsidiary Diageo Kenya Limited,…

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AFRICAN NEWS Beverages Financials & Economy LATEST NEWS Mergers & Acquisitions 

2 Sisters to cease operations in Llangefni factory deeming it unsustainable

January 27, 2023January 27, 2023

UK – 2 Sisters, a privately owned food manufacturing company headquartered in Birmingham, has announced plans to close its Llangefni…

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Meat, Poultry & Fish WORLD NEWS 

Coca-Cola Al Ahlia Beverages, Emerge invest in construction of 1.8MWp solar photovoltaic plant

January 27, 2023January 27, 2023

UAE – Coca-Cola Al Ahlia Beverages, Coca-Cola’s bottler and distributor in the UAE, has signed a joint investment agreement with…

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Beverages Investments & Funding News LATEST NEWS Sustainability WORLD NEWS 

Outbreak  of clostridial diseases wreak havoc in Uganda threatening livestock farmer incomes

January 27, 2023January 27, 2023

UGANDA – An outbreak of Clostridial Diseases persists in Uganda,  enormously affecting livestock farmers. Clostridial diseases are a group of…

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AFRICAN NEWS LATEST NEWS Meat, Poultry & Fish 

Kirin Holdings completes sale of 51% stake for US$160m to Myanmar Brewery Limited

January 27, 2023January 27, 2023

MYANMAR – Kirin Holdings has finalized the sale of its 51% stake in its Myanmar joint venture Myanma Economic Holdings…

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Beverages LATEST NEWS Mergers & Acquisitions WORLD NEWS 

South African FMCG company Avi Limited reports 7.2% half-year revenue rise boosted by price increase

January 27, 2023January 27, 2023

SOUTH AFRICA – AVI Ltd, a Johannesburg-based FMCG company, has posted a 7.2% rise in revenue for the six months…

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AFRICAN NEWS Financials & Economy LATEST NEWS 

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MOST RECENT POSTS

  • Uganda, South Korea coffee deal guarantees Ugandan coffee direct market access   
  • Asahi Group to close Green Beacon brewery in Australia
  • Senegal launches fish processing facility to enhance incomes of artisanal fishermen
  • Norevo unveils cost-effective glazing agent with immense capabilities
  • Researchers develop bioplastic straws that degraded significantly in two months

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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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