Uganda’s top soda companies cut advertising expenditure by 75% in April – June
UGANDA – As the food & beverage sector globally continues to combat new daily challenges…
AFRICAN NEWS
Nigerian Breweries recognizes teachers’ efforts in ‘Maltina Teacher of the Year 2020’ award
NIGERIA – Nigerian Breweries through its Felix Ohiwerei Education Trust Fund has crowned Anani Oluwabunmi,…
World Bank provides US$230m for commercialization of agriculture in Angola
ANGOLA – The World Bank and the French Development Agency have made available US$230 million…
Government of Ethiopia opens new abattoir targeting Export market
ETHIOPIA – The government of Ethiopia has inaugurated a new slaughter house in Eastern Ethiopia…
Olam introduces its premium Mama Gold rice brand in Ghana
GHANA – The Ghanaian subsidiary of Olam International has launched the first ‘Made in Ghana’…
Incofin IM, KfW, BMZ launch US$46.6m Agri-Finance Liquidity Facility targeting African farmers
AFRICA – Covid-19 disrupted global food systems, testing the resilience of farmers who already receive…
Kenyan county Makueni commences tomato pulping at fruit processing plant
KENYA – Makueni County in Eastern Kenya has commenced pulping of tomatoes at its fruit…
Private equity firm EOS Capital to inject US$60 million in Namibian seaweed farming enterprise
NAMIBIA – EOS Capital, a Namibian private equity fund manager has partnered with Climate Fund…
Kenyan juice producer Kevian introduces Afia Energy Drink brand in new PET bottle
KENYA – Kevian Kenya, one of the leading beverage makers in Kenya has introduced a…
Zimbabwean government suspends import duty on fertilized eggs to boost production
ZIMBABWE – The government of Zimbabwe has suspended import duty on fertilised eggs for a…
Egyptian sugar processor Delta Sugar reports 15.4% revenue rise in Q3
EGYPT – Delta Sugar, a public listed company on Egyptian Exchange (EGX) has reported that…
Tiger Brands finalizes sale of its value-added meat product business to Country Bird Holdings
SOUTH AFRICA – South African food manufacturing giant, has announced the completion of sale of…
Spanish delivery startup Glovo enters second market in East Africa
UGANDA – Barely two years after launching in Kenya, Spanish delivery startup Glovo has expanded…
Twiga Foods eyes additional US$15m investment from IFC to scale up operations
KENYA – Kenyan tech-enabled food distribution platform, Twiga Foods is set to clinch a funding…
Child labor remains a persistent challenge in Cote d’Ivoire, Ghana – NORC
WEST AFRICA – The multi-billion cocoa industry which is of significant economic importance to both…
National Water Distribution Utility of Tunisia secures US$44m from EIB for drinking water supply
TUNISIA – The European Investment Bank (EIB), the financing institution of the European Union has…
Famous Brands nearly halves its half year revenue earning US$122m
SOUTH AFRICA – South African restaurant franchisor, Famous Brands has reported a 48% decline in…
FAO, OIE kickstart initiative to combat spread of African swine fever
AFRICA – The Food and Agriculture Organization of the United Nations (FAO) and the World…
Flour Mills of Nigeria reports double digit growth in half year revenue
NIGERIA – Flour Mills of Nigeria Plc, Nigeria’s leading integrated food business and agro-allied group…
Agtech start-up based in Cameroon seeks US$207K to expand operations
CAMEROON – Promagric, an agtech solution provider based in Cameroon has initiated a fundraising campaign…
Malawi to start supply of high-value vegetables from SADC’s largest greenhouse facility
MALAWI – Malawi is set to commence supply of horticultural produce to both local and…
Uganda Breweries makes strategic changes in senior executive team as part of growth plan
UGANDA – Uganda Breweries Limited, subsidiary of East African breweries has announced new changes in…
Nigerian beer manufacturers show solidarity with victims of recent violent protests
NIGERIA – The Beer Sectoral Group of the Manufacturers Association of Nigeria has condemned the…
Ethiopian dairy company MB Plc seeks to export its UHT milk to neighboring countries
ETHIOPIA – MB Plc, one of the leading dairy processors in Ethiopia trading under the…