NIGERIA – Nigeria’s diary industry is growing moderately, with the compounded annual growth rate (CAGR) of 8 percent over the last three years and an estimated revenue of N347 billion in 2013.
ZIMBABWE – Kwekwe-based dairy concern; Dendairy has invested about $4 million in the purchase of an additional manufacturing line that will see the company increasing its product portfolio.
NIGERIA – In a major innovation in the CSD market in Nigeria, The La Casera Company has added another product – Smoov Chapman – a ready-to-drink drink in an ‘on-the-go’ plastic bottle to its expanding.
NIGERIA – Consumers across the country have commended Chi Limited for its introduction of three new variants of Hollandia Yoghurt in addition to existing variants in the market.
KENYA – Deputy President William Ruto Wednesday told African states to open up their borders for trade among themselves to close the milk deficit gaps that are currently exploited by Europe.
KENYA – Murang’a County has rolled out a Sh300 million plan to rejuvenate its dairy industry.
SOUTH AFRICA – Dairy products group Clover, which is trading under a cautionary announcement, sees opportunities for consolidation in the sector as the weak consumer environment offers limited growth opportunities.
KENYA – The Dangote Group of companies is to set up a multi-billion-shilling powder milk plant in Kenya.
ZIMBABWE – Dairibord Holdings (Dairibord)’s says its milk intake and sales slumped in the half year to June 2014.
IVORY COAST – Dutch farming cooperative Royal FrieslandCampina, one of the five largest dairy companies in the world, said on Monday it will buy the Ivory Coast dairy businesses of Singapore’s Olam International.
NIGERIA – The dairy sector has emerged the second largest segment in the food and beverage industry in Nigeria with estimated revenue of N347 billion in 2013 and an estimated compounded annual growth rate (CAGR) of 8 per cent over the last three years.
ZIMBABWE – Alpha Omega Dairy expects to increase production of its Munandi Lacto four-fold to two million litres per month from next month following the arrival of new equipment to be commissioned “soon”.