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 […]

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 […]

Nigeria’s agriculture exports decline 11.5% to US$239.32m in three months

NIGERIA – Nigeria’s agricultural goods exports in the first quarter of 2019 dropped by 11.5% from US$270.45 million (N97.3bn) recorded in the fourth quarter of 2018 to 239.32 million (N86.1bn). According to data from the […]

Ghana and Cote D’Ivoire lift suspension on 2020/2021 cocoa sales

WEST AFRICA – Ghana and Cote D’Ivoire, the world’s two largest cocoa producers have lifted the suspension of cocoa sales for the 2020/2021 season. The two West African countries, on June 12 announced the decision […]