Ghana COCOBOD opens first farmer-owned cocoa fermentation centre
GHANA – The Ghana Cocoa Board (COCOBOD) has opened the first farmer-owned cocoa fermentation centre…
AFRICAN NEWS
East Africa Court of Justice halts implementation of 25% duty on glass imports imposed by Kenya
TANZANIA – Tanzanian glass container manufacturer, Kioo Limited breaths a sigh of relief following the…
Tongaat’s turn around strategy yields results reporting 38% rise in half year revenue
SOUTH AFRICA – Sugar producer Tongaat Hulett has delivered significantly improved financial results in a…
Nigeria’s largest egg producer Premium Poultry powers its facility with renewable energy
NIGERIA – Premium Poultry Farms, Nigeria’s largest egg producer has entered into an agreement with…
Mr Yum digitizes meal menus in South Africa as McCain launches fully customized cookbooks
SOUTH AFRICA – Mr Yum, an Australian based start-up with operations in South Africa has…
NCPB ramps up fight against aflatoxin contamination in Kenya, launches additional testing laboratories
KENYA – Kenya’s National Cereals and Produce Board has commissioned five additional aflatoxin testing laboratories…
Blue Investment Holding acquires 35% stake in Moroccan grocery retailer BIM
MOROCCO – Blue Investment Holding owned by Helios Investment Partners, a private equity fund manager…
Kenyan energy startup SunCulture raises US$14m to finance distribution of solar power water pumps for irrigation
KENYA – Kenyan start-up SunCulture, a provider of solar water pumps for irrigation, has raised…
Nigeria Breweries invests US$13.3m in ultra-modern non-alcoholic beverage line
NIGERIA – Nigerian Breweries Plc, has opened its newly built N5.1 billion (US$13.3m) ultra-modern automated…
EABL appoints Jane Karuku as new Managing Director for its East African drinks businesses
KENYA – The Board of East Africa’s leading alcoholic drinks company East African Breweries Limited…
AfDB grants Burundi US$20m to support farmers mitigate climate change
BURUNDI – The African Development Bank (AfDB) has granted Burundi US$20.55 million to support farmers…
Food delivery startup Koliko seeks to expand across Ghana, other countries
GHANA – Koliko, a food delivery startup in Ghana, is planning on expanding across the…
Recyclable waste collector WeCycle secures US$3m investment from Inside Capital
MAURITANIA – Inside Capital, an independent private equity manager, has invested US$3.1 million in the…
Kenya, United Kingdom ratify new trade deal ahead of Brexit deadline
KENYA – Kenya and the United Kingdom have finally penned a post-Brexit trade deal for…
IFC partners with Kobo360 to tackle food waste, reduce energy consumption in Nigeria
NIGERIA – IFC, a member of the World Bank Group, in partnership with Kobo360, an…
Cocoa processor in Cameroon eyes export market with establishment of US$73.8m processing plant
CAMEROON – Atlantic Cocoa Corporation, an Ivorian cocoa processor with operations in Cameroon is set…
Zambian Breweries re-embarks on its US$18m planned upgrade capacity aimed to boost production
ZAMBIA – Zambian Breweries has indicated that it has resumed its 2020 upgrade works which…
Crown Flour Mills establishes vitamin premix facility, eyes 90% food fortification compliance
NIGERIA – Crown Flour Mills, Nigerian subsidiary of multinational food and agribusiness company Olam International…
IBM supports D4Ag Initiative for African startups in the agricultural sector
AFRICA – Information technology (IT) multinational IBM has announced its active support for the Digital4Agriculture…
Multisectoral firm in Ethiopia Yhaenu Plc ventures into packaging production investing US$3.15m
ETHIOPIA – Ethiopian agro-allied company, Yhaenu Plc has diversified its operations, venturing into production of…
Agriculture machinery firm AGCO renames it’s Zambia Future Farm
ZAMBIA – AGCO Corporation, a global leader in the design, manufacture and distribution of agricultural…
Unilever takes part in expansion of US$20m greenfield tea project in Rwanda
RWANDA – The Government of Rwanda has partnered with Unilever Tea Rwanda and The Wood…
Kenya’s ice cream, chocolate maker Glacier Products clinches investment from EXEO Capital
KENYA – Glacier Products Ltd, one of Eastern Africa’s leading ice cream and chocolate confectionery…
Flour Mills of Nigeria CEO Paul Gbededo to retire, company announces changes to its board
NIGERIA – Flour Mills of Nigeria (FMN) Plc, Nigeria’s leading integrated Food and Agro-allied group,…