RSPO tightens standards to enhance palm oil sustainability

AFRICA – The Roundtable on Sustainable Palm Oil (RSPO), a palm oil industry watchdog, has introduced tougher rules to its members in the industry as it seeks to make the edible oil ‘greener’. RSPO says […]

Agricultural trader ETG secures US$128m funding to boost operations

KENYA – The Export Trading Group (ETG), a Kenya-based agricultural commodities trader, is set to receive US$128 million (Sh12.8 bn) funding from financial institutions to enable the firm finance its operations. Lead by the United […]

Nigeria and US sign 5-year deal to enhance food security

NIGERIA – Nigeria and the United States of America and have signed a declaration of partnership to launch a five-year plan to improve food security, build greater resilience, and improve household nutrition in the country. […]

Milco SA gets commission nod to acquire Clover Industries

SOUTH AFRICA – The Competition Commission has conditionally approved the US$343.95 million (R4.8bn) sale of South Africa’s branded foods and beverages group Clover Industries Limited to Milco SA. The consortium (Milco SA) led by Tel […]

A quarter of British consumers drinking plant-based milk, Mintel study

UK – A quarter of British consumers are now drinking plant-based milk as a result of shifting trends towards health and wellness as well as environmental concerns, according to a new study by Mintel. The […]

Bunge Loders Croklaan opens new edible oils facility in China

CHINA – Bunge-owned edible oils business, Bunge Loders Croklaan (BLC) has inaugurated a new edible oils processing facility in Xiamen, China. The facility expands BLC’s capability to deliver plant-based specialty oils and fats ingredients for […]

Diageo begins construction of new US$130m Kentucky distillery

USA – World’s leading distiller, Diageo has broken ground on a new US$130 million distillery in Marion County’s Lebanon, Kentucky. The facility sitting on an approximately 144-acre space is expected to be fully operational in […]

Mars Edge launches GoMo Dal Crunchies snacks in India

INDIA – Mars Edge, the investment arm of Mars Incorporated focused on health and nutrition has launched a new snack range GoMo™ Dal Crunchies in India. The new product aims to promote health and nutrition […]

South African Breweries gets nod to acquire Diageo’s Smirnoff franchise rights

SOUTH AFRICA – The Competition Commission has conditionally approved South African Breweries’ (SAB) bid to acquire franchise rights of Diageo’s Smirnoff ready-to-drink (RTD) brands in South Africa. This will see SAB, South African subsidiary world’s […]