Cargill to construct US$150M biofuel company to fight climate change
BELGIUM – Cargill is investing US$150 million in a new plant that produces advanced biofuels…
LATEST NEWS
Coca-Cola Company records 9% decline in its Q3 net revenue of 2020
USA – The Coca-Cola Company has reported a 9% decline in its third quarter (Q3)…
Kenya’s cereal board seeks US$2.7m to refurbish grain dryers, storage facilities
KENYA – Kenya’s National cereals and Produce Board (NCPB) is seeking Ksh 300 million (US$2.7m)…
ADM invests in new microbiome solutions production facility in response to growing demand
USA – ADM has announced plans to build a new state-of-the-art facility in Valencia, Spain,…
Transparency at the top of food and beverage innovation trends of 2021 – Innova
WORLD – Transparency has emerged as the leading consumer trend in 2021, with companies and brands…
AfDB launches AgriPitch competition with US$120,000 cash prize
AFRICA – The African Development Bank is calling for agribusiness plans entry submission for its…
Simbisa Brands reports 2% decline in full-year profit despite expanding foot-print
ZIMBABWE – Simbisa Brands, a fast-food restaurant operator headquartered in Zimbabwe has reported a 2%…
Barry Callebaut set to explore more on the cocoa fruit other than just making chocolate
SWITZERLAND – Barry Callebaut has entered a new category by launching the new Cabosse Naturals…
Diageo launches new alcohol-free Guinness beer that has the same natural ingredients
UK – Diageo has announced that is set to launch a new alcohol-free variant of…
South Africa commences construction of US$12.6m Aquaculture Development Zone
SOUTH AFRICA – The Coega Development Corporation (CDC), a public entity wholly owned by the…
Danone’s Nutricia acquires specialised meals provider Real Food Blends
NETHERLANDS – Nutricia, a part of the Danone group that specialises in therapeutic food and…
Tea export volumes in Kenya decline by 4% in first eight months despite rise in production
KENYA – Tea production in Kenya for the first eight months of the year (January…
Unilever reports 4.4% rise in sales for its third quarter citing to more demand of food consumed at home
UK – Unilever has reported a better-than-expected return to growth in its third quarter with…
O-I Glass collaborates with Krones to create solutions for the glass packaging market
GERMANY – Owens-Illinois Inc (O-I Glass), a company that specializes in container glass products, and…
Zimbabwe Tea producer Tanganda invests US$15m in solar power plant
ZIMBABWE – Zimbabwe’s largest grower and producer of tea and coffee, Tanganda Tea Company Limited…
Nestlé records 3.5% organic growth in first nine-months of 2020
SWITZERLAND – Nestlé has announced that its buoyant sales in e-commerce sales, convenience foods and…
Coca-Cola Kenya brings refreshment nearer to customers with DialACoke delivery platform
KENYA – Soft beverage manufacturer, Coca-Cola Kenya has launched a home delivery service dubbed ‘DialACoke’…
Spirits maker to move to new 100% biodegradable spirits bottles by 2023
CUBA – Spirits company Bacardi has unveiled plans to launch a new biopolymer spirits bottle…
Guinness Nigeria disseminates information on responsible drinking using DrinkiQ platform
NIGERIA – Diageo’s Nigerian operating unit, Guinness Nigeria Plc has collaborated with the Ministry of…
AfDB partners with fertilizer giant OCP Africa to undertake US$4m agribusiness project in West Africa
WEST AFRICA – The African Development Bank (AfDB) through the Africa Fertilizer Financing Mechanism (AFFM)…
Uganda attains 28% rise in September coffee export earnings fetching US$44m
UGANDA – Uganda coffee exports for the crop year October 2019 to September 2020 totaled…
Middle Eastern retailer LuLu Group acquires US$1 billion for expansion in Egypt
EGYPT – LuLu International Holdings (LIHL), one of the leading hypermarkets & supermarket chains in…
Woolworths South Africa invests US$45.7m in food price reduction fostering affordability
SOUTH AFRICA – South African retail giant Woolworths is seeking to invest R1bn (US$60.9m) in…
Eat Just partners with Proterra to launch its first factory in Asia
SINGAPORE – Eat Just, a plant-based food startup, has partnered with a consortium led by…