Palm oil plantations across Africa forecast to rise as demand increases, study says

AFRICA - A new study forecasts a rise in palm oil plantations across Africa as the global demand for the commodity continues to grow, as the continent offers the low-lying tropical ecosystems palm oil prefers, hence an opportunity for businesses and local farmers to generate income. According to FoodingredientsFirst, lessons learned from Southeast Asia, where…

Cargill invests US$40m at England factory to increase production

ENGLAND - American group Cargill has invested US$39.78 million at its factory on a 13-acre site at Balliol Business Park, England as it takes on production operatives, shift engineers and team leaders for the factory. The new line will extend its capacity to more than the 19,000 tonnes of chicken product it currently delivers annually.…

Maize flour prices in Uganda fall due to increased supply of cheap grains

UGANDA - Maize flour prices have dipped to a six-year low on increased supply of cheap grains from Uganda and harvests in western Kenya, easing inflationary pressure. According to Business Daily, the imports from Uganda and harvest has pulled down grain costs from Sh3, 200 a bag in January to below Sh2, 000, offering millers…

International Coffee Organization in Kenya for talks with coffee farmers

KENYA - Members of the International Coffee Organisation (ICO) are in Kenya for talks with Kenyan coffee farmers who are looking to ink direct purchase deals with top global coffee buyers. According to Business Daily, the ICO executive director Jose Sette held a meeting with Council of Governors vice chair Kirinyaga Governor Anne Waiguru and…

DMK Group announces plan to reduce sugar content in the Milram range

GERMANY - DMK Group, Germany's largest dairy company, has announced that it will reduce the sugar content of products throughout its Milram range, as the company aims to adapt to the changing nutritional demands of consumers. According to the company, it will implement this new strategy in three phases. Firstly, Milram’s buttermilk and kefir drinks…

Salt intake among adult Indians excessive and unhealthy, PHFI says

INDIA - Salt intake among adult Indians has been found to be high and exceeding the levels recommended by the World Health Organisation, according to a recent study conducted by the Public Health Foundation of India (PHFI). According to Economic Times India, the scientific evidence indicates that high dietary salt intake has detrimental effects on…

Olam reports lower financial results with 36.4% fall to US$94m in Q2 results

SINGAPORE – Olam International, a leading and the third largest agri-business in the world, has reported lower financial results against its strong performance in previous corresponding period. The company has reported that its Profit After Tax and Minority Interests (PATMI) is down 36.4% to US$94 million, with the operational PATMI down 40.6% to US$91.4 million.…

COCOBOD opens Shea office as government plans to set up board by 2024

GHANA - The government cocoa regulatory agency, Ghana Cocoa Board (COCOBOD) has opened a Shea Unit Office in Tamale to serve as an operational secretariat to develop the industry through supply chain in the region. Meanwhile, the government is planning to set up a Shea Development Board by 2024 in a bid to transition the…

Food safety agency starts framing GM food regulations after trace ingredients found

INDIA - The Food Safety and Standards Authority of India (FSSAI) said it has started framing regulations for genetically modified (GM) food after trace in trace ingredients were found present in products. According to FSSAI, the regulations covers procedures for safety assessment and approval of foods such as imported items that are genetically modified based…

Zomato expands operations to 7 more cities as India forms its largest focus market

INDIA - Restaurant service and online delivery platform Zomato said it is expanding operations to seven more cities in tier II region with India forming its largest focus market in growth plan. According to an article in the ETRetail, Zomato has gained a strong foothold in both tier II and tier III cities and this…