Emerging Capital Partners owned restaurant chain Artcaffe Group opens new outlet
KENYA – The Artcaffe Group, owned by US private equity firm Emerging Capital Partners (ECP)…
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The Gambia inaugurates fish feed mills and aquaculture facility funded by FAO
THE GAMBIA – The government of The Gambia, through the Ministry of Fisheries, Water Resources…
EU promotes agro-ecological transition in Mauritius with Smart Agriculture project
MAURITIUS – Mauritius has kick start the ‘Smart Agriculture Project’ funded by the European Union…
Plant-based meat company Nuggs renames after raising US$4m
USA– Nuggs, plant-based meat alternative company has raised US$4.1 million and gotten itself a new…
Snacks manufacturer Frito-Lay to invest US$200m to expand its manufacturing operations
USA – Frito-Lay a division of PepsiCo and a manufacturer of snacks, is set to…
Nigeria enjoys 100% duty exemption on Crude Palm Oil from Malaysia
NIGERIA – Malaysia, the world’s second- largest producer of the Palm Oil has offered Nigeria…
Global agribusiness company Olam prices US$50 million US private placement
SINGAPORE – Leading global food and agri-business, Olam International has announced that its wholly owned…
Cold Solutions to construct US$70m cold chain facility in Kenya
KENYA – Cold Solutions Limited, a temperature-controlled warehouse and logistics service provider, has announced that it will…
Angolan Agrarian Development Support Fund to promote crop production with US$26.3m financing
ANGOLA – The Agrarian Development Support Fund (FADA) of Angola is set to inject Akz…
Dangote Sugar, Savannah Sugar complete merger of operations eyeing bigger market share
NIGERIA – Dangote Sugar Refinery has received the green light to acquire its sister company,…
East African Breweries International Limited in US$2.6m tax arrears battle with Uganda Revenue Authority
UGANDA – The Tax Appeals Tribunal of Uganda has ordered East African Breweries International Limited…
Chr. Hansen Holding appoints Lise Skaarup Mortensen as new CFO
DENMARK – Chr. Hansen Holding, a global bio science company, has appointed Lise Skaarup Mortensen as new Chief…
Bell Food Group increases investment in foodtech company Mosa meat
SWITZERLAND – Bell Food Group, a meat processing company, has increased its investment in Mosa…
Competition Tribunal of South Africa gives nod to sale of Tongaat Hulett’s starch business
SOUTH AFRICA – The Competition Tribunal of South Africa has approved the acquisition of Tongaat…
Potato production deficient in Namibia to cost the country US$10.7m in imports
NAMIBIA – Namibia has forecasted potato production in the country for the next five months…
European Union injects additional US$16.9m supporting FAO fight the desert locust upsurge
EAST AFRICA – The Food and Agriculture Organization (FAO) has received an additional €15 million…
SA wines and spirits group Distell launches Click2Collect platform to facilitate sales
SOUTH AFRICA – Distell, producer and marketer of wines, ciders, spirit and ready-to-drinks beverages (RTDs)…
FAO, Rabobank form sustainable food systems partnership
AFRICA – The Food and Agriculture Organization of the United Nations (FAO) has signed a…
DuPont launches new phage alternative for cheese makers to meet global demand
DENMARK – DuPont Nutrition & Biosciences (DuPont), a Danish bio-based company, has announced the launch of CHOOZIT BC…
Starbucks opens first drive-through outlet in India prompted by COVID-19 pandemic
INDIA – Tata Starbucks, the joint venture between Tata Consumer Products and Starbucks Corporation has…
Beneo invests US$56m in rice starch facility to increase production capacity
BELGIUM – Beneo, a functional ingredients company, has announced a US$56 million investment into its Wijgmaal rice starch facility, which…
BidCo Africa, Co-Ro foods joint venture opens new US$2.5m juice production line
KENYA – Bidco Africa Group, one of the leading consumer good company in East Africa…
Bill & Melinda Gates foundation funds International Institute of Tropical Agriculture US$14.3m for cassava project
AFRICA – The International Institute of Tropical Agriculture (IITA) and its partners working towards building…
Global Scaling Up Nutrition (SUN) Pitch Competition 2020 to award best African and Asian innovators
AFRICA – The Global Scaling Up Nutrition (SUN) Pitch Competition 2020, organised by the SUN…