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…
LATEST NEWS
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…
Agricultural company Ceres Global set to acquire grain elevator from Cargill
CANADA – Ceres Global Ag Corp, an agricultural, energy, and industrial products merchandizing and supply chain company,…
E-commerce group Flipkart acquires Walmart India and set to launch a new digital marketplace
INDIA – The Flipkart group, Indian e-commerce group, has announced that it has acquired 100% interest in Walmart India Private Limited, which…
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…
Heineken launches “Back to the Bars” campaign cheering the HoReCa industry and upholding safety measures
NETHERLANDS – The Dutch brewing giant, Heineken has launched a new through the line campaign…
Nestlé Pure Life launches fruit flavored water collection for kids
USA – Nestlé Pure Life, world’s largest bottled water brand, has launched a new refreshing fruit flavored water…
Beverage company Vive Organic raises US$13m in Series B funding round to accelerate its business
USA – Vive Organic, immunity-boosting beverage company, has closed a US$13 million in Series B funding round led by Monogram…
Cargill targets to restore 600 billion liters of water by 2030
USA – Food and agribusiness giant Cargill has stipulated a series of initiatives that will…
Nestlé utilizes augmented reality technology ensuring continuity of operations
SWITZERLAND – Nestlé is expanding the use of augmented reality technology to provide remote support…
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…
World livestock and poultry exports forecasted to rise despite decline in beef and poultry production
GLOBAL – According the Global Agricultural Information Network report on livestock and poultry world markets…
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…
The Coca-Cola Company records 28% decline in revenue in the its second quarter impacted by COVID-19
USA – The Coca-Cola Company has reported a 28% decline in its second-quarter net revenue…
Childhood food allergy prevention company clinches US$3m in series B funding round led by Danone
USA – Ready, Set, Food!, a leader in childhood food allergy prevention based in USA,…
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…
Pernod Ricard partners with Ojo de Tigre to strengthen its mezcal category
MEXICO– Wines and Spirits giant, Pernod Ricard, has announced its collaboration with super premium mezcal brand…
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…