CHI Limited supports CBN’s backward integration program to boost country’s dairy industry
NIGERIA – CHI Limited, Nigeria’s fast-moving consumer good company with investment in the dairy industry,…
AFRICAN NEWS
Choppies relists on Botswana Stock Exchange after 20-months suspension
BOTSWANA – Choppies supermarket has resumed trading on the Botswana Stock Exchange after a 20-month…
South Africa’s food service suppliers partner to save industry from COVID-19 effects
SOUTH AFRICA – A consortium of South Africa’s biggest food service suppliers, namely Unilever Food…
Kenya bans sale of alcohol as coronavirus infections surge
KENYA – The HoReCa industry in Kenya has been meet with a big blow following…
Tuskys plan seeking strategic partner met with set back following shareholders wrangles
KENYA – Following Tuskys Supermarket’s plan of seeking a strategic investor to inject capital into…
Uganda’s sugar sector grapples with stockpile amidst dwindling export market
UGANDA – According to Uganda Sugar Manufacturers Association, Uganda is currently grappling with stockpiles of…
Cadbury Nigeria Plc appoints Adedotun Sulaiman as new board chairman
NIGERIA – West Africa’s snack manufacturing giant, Cadbury Nigeria Plc has announced the appointment of Mr….
Choppies releases the anticipated 2019 audited results alongside its interim financials
BOTSWANA – Botswana based retailer, Choppies Supermarket has finally released its long awaited audited financial…
Government of Nigeria, IFAD, OLAM to inject US$329m to enhance country’s rice value chain
NIGERIA — The Federal government of Nigeria in partnership with the global food and agribusiness…
South African fishing group Oceana appoints Hajra Karrim as Chief Financial Officer
SOUTH AFRICA – South Africa’s fishing giant, Oceana Group has appointed Hajra Karrim as Chief…
Ghanaian investor of Komenda Sugar factory partners with University of Cape Coast to promote cane production
GHANA – Park Agrotech Limited, a Ghanaian agribusiness company and strategic investor of the Komenda…
Simbisa Brands ups new outlet target in Zimbabwe despite COVID-19 operational challenges
ZIMBABWE – Zimbabwe’s leading Quick Service Restaurant (QSR) group, Simbisa Brands Limited has revised upwards…
EU injects US$7.3m in agricultural research project in Malawi to promote sustainable agriculture
MALAWI – Malawi launches a €6.3 million (US$7.3m) project dubbed Development of Smart Innovation through…
Rwanda clinches US$28m financing from Japan to enhance nutrition improvement efforts
RWANDA – The government of Rwanda has received the second tranche of the 10 billion-yen…
Coca-Cola appoints Mehdi Alami as Managing Director for Morocco franchise
MOROCCO – The Coca-Cola Export Corporation has announced the appointment of Mehdi Alami as the…
Spur Corporation CEO Pierre van Tonder to retire in December
SOUTH AFRICA – Spur Corporation, South Africa based fast–food chains operator has announced the retirement…
Ghana grants Kasapreko US$28m tax waiver to support revival of defunct distillery
GHANA – The Parliament of Ghana has granted a US$28 million tax waiver to Kasapreko company…
Suppressed corn prices in SA to result in lower 2020/2021 production with exports to remain resilient
SOUTH AFRICA – South Africa produced its second highest corn crop on record in the…
Kenyan packaging manufacturer Dune Packaging partners with Mondi to grow its market share
KENYA – Dune Packaging Limited, a paper packaging and rigid plastics manufacturing factory in Kenya, has…
Zimbabwe state owned pension fund NSSA to acquire minority stake in Silo Foods
ZIMBABWE – Zimbabwe’s state-owned pension fund, the National Social Security Authority (NSSA) intends to acquire…
South African Domino’s Pizza’s licensed operator auctions off the stores
SOUTH AFRICA – The South African fast-food franchiser of Domino’s Pizza, Taste Holdings, shifting its…
Industrial Development Corporation of Zambia invests US$1m in Mununshi Banana Estate
ZAMBIA – The Industrial Development Corporation (IDC), the national development finance institution is set to…
Kenyan government undertakes irrigation project in Kenya-Tanzania border region
KENYA – The government of Kenya is undertaking a Ksh.67 million (US$620,000) Integrated Irrigation project…
Kenyan retailer Tuskys seeking strategic investor in bailout plan
KENYA – Kenyan retailer Tuskys Supermarket is seeking a fresh capital injection into its operations…