International agencies call for joint cooperation to boost food safety

ETHIOPIA – World leaders during the recently held First International Food Safety in Addis Ababa, Ethiopia called for increased international cooperation to boost food safety as an integral aspect of sustainable development. The conference was organised by the African Union (AU), the Food and Agriculture Organisation (FAO), the World Health Organisation (WHO) and the World…

Krotaj commissions new tahini processing plant in Ethiopia

ETHIOPIA- Krotaj Tahini Manufacturers Plc, a multinational joint ventrure of sesame experts, has commissioned a new tahini processing plant in Ethiopia. The processing plant will produce tahini, a value-added product from sesame seeds used as a snack or garnish for supply to the local and international market especially in the Middle East. The company said…

Kenyan scientists embark on research to boost fish industry

KENYA – Kenyan scientists have embarked on a research expedition that seeks to generate information and data on the coastal fisheries in a bid to promote sustainable utilisation of its fisheries. According to a report by Business Daily, the information will help in sealing the gap present on the lack of adequate data on the…

Tanzania embarks on bid to boost cassava production

TANZANIA – Tanzania has unveiled plans of introducing a platform that will connect cassava farmers with processor both at the local and international levels as it seeks to improve productivity. According to Mr Edwin Rutageruka, Director General Tanzania Trade Development Authority (TanTrade), the platform will work, is expected to work under TanTrade and will target…

Africa’s wheat consumption grows as imports hit 47million tonnes

AFRICA – Africa’s grain consumption has over the past decade posted remarkable growth amid increasing demand propelled by the increasing population and changing consumer habits. According to a report by World Grain, wheat was among the major grains that recorded significant increase in consumption. Wheat imports in the continent increased to 47 million tonnes from…

AB InBev’s Accra Brewery Limited appoints Shaun Raposo as new country director

GHANA – Accra Brewery Limited (ABL), a subsidiary of multinational brewer Anheuser-Busch(AB) InBev, announced the appointment of Mr Shaun Raposo to the position of Country Director of the company. Mr Shuan Raposo replaces Philip Redman, who has been serving in the position since is appointment in March, 2017. In a statement issued by Ms. Adwoa…

Nigerian Breweries profits plunge 41.2% to US$27.54m in 2018 FY

NIGERIA – Nigerian Breweries Plc has announced a profit after tax of US$27.54 million during its 2018 financial year, a decline from US$37.46 million posted in its 2017 financial year. This represented a 41.2% decline in profits for the beverage manufacture as its revenues for the period under review also dipped to US$894.77 million from…

Zimbabwe’s Varun Beverages gets special economic zone status

ZIMBABWE – VarunBeverages Zimbabwe (Pvt) Ltd, a soft drink manufacturer and Pepsi bottler in the country has been declared a special economic zone (SEZ) as an incentive from government in its plans of investing US$23 million in a new plant. The announcement was made by the Zimbabwe Special Economic Zones Authority chief executive officer Mr…

African Distillers Limited half year profits grow by 159% to US$7m

Zimbabwe – Zimbabwean wine and spirits manufacturer, African Distillers Limited, recorded profit after tax amounting to US$7 million during its six months to 31st December 2018 against US$2.7 million recorded in the prior year, representing a 159% increase. The alcoholic drink manufacturer said that the remarkable performance was fuelled by increased revenues and cost containment…

Nigeria’s Chellarams DMK launches new chocolate malted drink

NIGERIA - Chellarams DMK Limited, the dairy arm of Chellarams Plc in Nigeria, has launched the ‘Real Activ Chocolate Malted food drink’ adding to its Real Activ product line. Speaking during the launch of the product, Aditya Chellaram, the Chief Executive Officer, Chellarams DMK, said the product’s unique taste and nutritional profile makes it a…