Indonesian agritech firm TaniHub Group raises US$17m to expand operations

INDONESIA – TaniHub Group, one of the leading agritech company’s in Indonesia, has raised US$17 million in a Series A extension round co-led by Openspace Ventures and Intudo Ventures. The round also saw the participation […]

AfDB approves US$1.5m emergency grant to curb desert locusts in Eastern Africa

EASTERN AFRICA – The Board of Directors of the African Development Bank have approved a US$1.5 million emergency relief grant to assist nine countries in the East and Horn of Africa on the control of […]

Nampak finalizes sell of its glass business to Isanti Glass 1

SOUTH AFRICA – Africa’s largest diversified packaging manufacturer, Nampak has announced the completion of sale of its glass packaging business. In September 2019, Nampak announced its intention to sell Nampak Glass – which manufactures beer, […]

Covantis launches as legal entity, announces CEO and executive appointments

SWITZERLAND – Covantis, the industry initiative that aims to modernize global agribusiness trade operations, has announced that it has received all required regulatory approvals and has incorporated as a legal entity in Geneva, Switzerland, as […]

Symrise joins KitchenTown Berlin to support food start-ups with expert knowledge

EUROPE – Symrise has teamed up with KitchenTown Berlin, a food and foodtech innovation network set up to positively impact the food system, to strengthen the platform’s concept of scaling impact driven and transformational food […]

Greenfields secures solar energy deal for its Indonesian milk processing plant

SINGAPORE – Greenfields, the largest dairy company in Southeast Asia has partnered with Total Solar Distributed Generation (DG) to provide solar power for its biggest milk processing plant in Palaan, East Java, Indonesia. The Indonesian […]

New campaign promoting responsible drinking during lock-down launches in SA

SOUTH AFRICA – The Association for Alcohol Responsibility and Education (aware.org) has launched a national awareness campaign urging consumers to ‘Choose Responsibly’ in line with Government’s 21-day nationwide lockdown, a decision to proactively manage the […]

Zambian Breweries’ profit surge 27% on increased volume sales

ZAMBIA – In line with guidance from the Zambia government to combat the spread of coronavirus  (COVID-19), Zambian Breweries Plc has set a new milestone by becoming the first listed company on the Lusaka Securities […]

Unilever’s Indian unit completes mergers with GlaxoSmithKline Consumer Healthcare

INDIA – Unilever has announced that Hindustan Unilever Limited (HUL), the company’s listed subsidiary in India, has successfully completed the merger of GSK’s business in India, GlaxoSmithKline Consumer Healthcare. The consolidation follows HUL’s acquisition of […]