Unilever Ghana reports 10% growth in revenue supported by increase in sales

GHANA - Unilever Ghana Limited posted revenues of US$120.35 million (GH¢632m) in 2018, representing a 10 per cent increase from US$109.49 million (GH¢575m) that the consumer good company generated in 2017. The company said that the growth was strongly supported by increase in sales volumes during the period under review. The Company’s operating profit before…

Barry Callebaut, Cameroon intensify collaboration to boost cocoa supply

CAMEROON - Barry Callebaut, a global chocolate and cocoa products manufacturer, and Cameroon have signed a letter of intent to intensify the cooperation on sustainable cocoa farming in the country. The chocolate manufacturer will particularly focus on the New Generation program initiated by the Cameroon Cocoa and Coffee Interprofessional Council (CICC) that seeks to support…

Coca-Cola commissions US$10m bottled water production line in Uganda

UGANDA – Leading soft beverage manufacturer, Coca-Cola Beverages Africa (CCBA), has commissioned a US$10 million Rwenzori Pure Natural Water production line in Namanve Industrial park, Central Region of Uganda. Speaking during the event, Van Niekerk CCBA’s managing director, said that the US$10million investment is a strong demonstration of the company’s commitment in contributing to the…

Nestlé unveils three year program to boost coffee production in Kenya

KENYA – Nestlé Kenya has unveiled a Sh23 million (US$230,000) program that seeks to boost coffee production in the Central and Western regions of the country. Njeru Ng’entu, Nestl East Africa Managing Director, said that the three year program, which will be implemented under the Nescafe Plan, will help in training and offering technical support…

Motif Ingredients partners Givaudan’s new innovative platform MISTA

USA – Motif Ingredients, a food science and technology company owned by biotech unicorn Ginkgo Bioworks has been selected as one of the 20 start-ups to partner with MISTA, Givaudan’s new innovative platform. MISTA is an accelerator and incubator programme launched in 2018 to enable start-ups and established corporations to optimise ideas, products, people and…

2 Sisters to invest in UK Poultry and Fox’s Biscuits businesses

UK – 2 Sisters Group has announced that it is making further investments in its UK Poultry and Fox’s Biscuits businesses in an effort to drive efficiency and accelerate business transformation. The company is also considering reducing the number of its UK Poultry sites to simplify its business operations across the supply chain while delivering…

Multivac invests US$19.6m in German meat portioning facility

GERMANY – Multivac Group, leading food packaging solutions provider is investing US$19.6 million (17.5m euros) to build a new meat portioning equipment facility at the Bruckmühl, Germany factory. The Germany factory is owned by its TVI Entwicklung und Produktion unit and construction is expected to complete in May 2020. The state-of-the-art complex sits on around…

Wessanen expands Mrs Crimble’s range with new Lunchbox Loaf Cakes

UK – Wessanen UK has launched new Lunchbox Loaf Cakes, expanding its line of gluten-free cakes under Mrs Crimble’s brand. The new product comes in two flavors: jammy and double chocolate which aims to offer customers a balanced diet that’s gluten-free while not compromising on the taste. They are available at Tesco stores in a…

South African retailer Spar Group to acquire controlling stake in Piotr Pawel

SOUTH AFRICA - Spar Group, a South African grocery chain said that it is in the final stages of talks to buy a controlling stake in Polish deli and supermarket chain Piotr i Pawel group as part of efforts to expand in Europe. Spar, which has more than 4 000 stores, runs its business majorly…

Government commissions fruit processing factory under industrialization initiative

GHANA – The Ghanaian Government has commissioned an avocado processing factory in Akuapem under government’s One-District-One-Factory industrialization initiative. The Akuapem Gold Agro Processing Limited has a capacity to process six to eight tons of avocado per hour, which also integrates 200 acres of land to support consistent fruit supply. Speaking during the inauguration ceremony, Albert…