Kenyan data analytics company Gro Intelligence raises US$85m in Series B funding round
KENYA – Kenyan-founded data analytics company Gro Intelligence has raised US$85 million in a Series…
LATEST NEWS
Ten Senses Africa collaborates with Pamoja Farms to ramp up macadamia sourcing in Tanzania
TANZANIA – Ten Senses Africa, producer and exporter of organic and fair-trade macadamia and cashew…
Food ingredients supplier AAK appoints Tomas Bergendahl as new Chief Financial Officer
SWEDEN – AAK, a global food ingredients company, has appointed Tomas Bergendahl as its new…
Thailand’s SCG completes acquisition of UK based food service packaging solutions provider Go-Pak
THAILAND – Thailand-based SCG Packaging has completed the acquisition of Go-Pak, a leading food service…
New study reveals strong links between diet, specific gut microbes, and health
US – A new large-scale international study led by health science start-up company ZOE has…
Value Seeds, Mastercard Foundation partner to support women farmers’ COVID-19 recovery in Nigeria
NIGERIA – Value Seeds, an indigenous crop seed production solution and development company has launched…
US maker of ready to drink coffee products High Brew secures distribution agreement with Farmer Brothers
US— High Brew Coffee (“High Brew”), a leading manufacturer of ready-to-drink (“RTD”) coffee products has…
Egyptian chemical company EFIC to launch new compound fertilizer production line
EGYPT – The Egyptian Financial and Industrial Company (EFIC), involved in the production and marketing…
Seed Co highlights there will be no board changes following its merger with Zimbabwean unit
ZIMBABWE – Regional seed producer Seed-Co International Limited (SCIL) has indicated that there will be…
South Africa liquor industry wants break from excise tax until current ban is lifted
SOUTH AFRICA – The extension of the alcohol ban in South Africa is causing increasing…
Christina Lake Cannabis begins production of Canada’s first ultra-high potency distillates
CANADA — Christina Lake Cannabis Corp. has announced that it is beginning to produce ultra-high…
Zimbabwe hit by shortage of poultry feed caused by scarcity of maize
ZIMBABWE – Zimbabwe is facing shortage of stockfeed in the market brought by limited supply…
Canadian online grocer Goodfood reports 62% rise in Q1 revenues
CANADA – Goodfood Market Corp, a leading online grocery company in Canada, has announced strong…
Heineken expands zero alcohol beer portfolio with launch of Desperados Virgin 0.0%
NETHERLANDS – Dutch multinational brewing company Heineken has expanded its portfolio of zero alcohol beers…
Dairibord eyes bigger dairy market share in Zimbabwe as its Dendairy bid rolls on
ZIMBABWE – Dairibord Holdings Limited (DHL) is still in pursuit of acquiring and merging with…
UAE food firm Agthia to become a major force in MENA following merger with Al Foah
UAE – Agthia Group, the UAE-based food and beverages major, has announced the successful completion…
COVID-19 shocks on Nigeria’s retail sector to still shape its performance in 2021
NIGERIA – The coronavirus pandemic has caused retailers to retool their operational, merchandising, and marketing…
UAE’s food manufacturing giant IFFCO to build major global manufacturing base after acquiring India’s 3 F Fuji Foods
INDIA – IFFCO, the UAE-based mass manufacturer of food products, has announced plans to build…
Egypt’s export of food industries marginally grew by 1% in 11 months of 2020 earning US$3.2 billion
EGYPT – Egypt’s annual exports of food industries increased 1% during the first 11 months…
Global malting company Boortmalt kick starts production at its US$71m plant in Ethiopia
ETHIOPIA – Boortmalt, world’s leading malting company has commenced operation at its new Birr 2.8…
Rwandan agro-processing firm Inyange Industries to pump US$20m in construction of milk powder plant
RWANDA – Inyange Industries, one of the leading food processing companies in Rwanda is seeking…
Olam seeks to raise US$188m from Singapore’s debt market even as it extends its food prize application deadline
SINGAPORE – Global food and agri-business company, Olam International Limited has announced that it has…
SA startup Nile introduces online marketplace connecting producers to commercial buyers
SOUTH AFRICA – South African agritech startup Nile is unlocking wider revenue stream for farmers…
DuPont introduces new probiotic with proven ability to reduce perceived stress
US – Nutrition and biosciences company DuPont has launched HOWARU® Calm, a probiotic aimed at…