Capwell Industries invests US$9.99m in a wheat flour plant in an expansion drive

KENYA - Capwell Industries, the Kenyan milling company that specializes in high quality flour, rice pulses and porridges is investing US$9.99 million in a wheat flour plant as part of its expansion strategy into the market. The company is bracing for competition in the lucrative flour milling industry in Kenya indicating plans to introduce more…

Costa Coffee to recycle 500m disposable cups yearly by 2020

UK - Costa Coffee, the British coffee company has made a commitment to recycle the same volume of disposable cups as it puts onto the market, half a billion every year by 2020. To achieve this, Costa will pay coffee cups collectors a subsidy to enhance their collection then send them to paper mills where…

Oman Flour Mills’ CFO to resign in May

ASIA - Oman Flour Mills has announced that its Chief Financial Officer, Salim Khairulla will be leaving the company Mid-May after tendering resignation citing personal reasons. Khairulla was appointed an interim Chief Executive Officer for Oman after its then CEO, Ali Habaj stepped down to join Oman Cables Industry at the end of June. He…

Nigeria to import more rice and wheat as consumption needs rise

NIGERIA - Nigeria, one of the largest economies in Africa is set to import more grain supplies; wheat and rice to meet increasing consumer needs, consumption rates impacted by an influx of refugees in the country. According to a report by the Global Agricultural Information Network (GAIN) of the USDA, the country’s rice production is…

Olam launches a sustainable and traceable sourcing solution for agricultural raw materials

SINGAPORE - Olam International, a leading global agri-business has launched AtSource, a sustainable and traceable sourcing solution that will provide unrivalled environmental and social insights into the journey of agricultural raw materials. It will also help in getting food ingredients from the farm to manufacturing and retail customers. AtSource will also enhance Olam’s ability to…

Rwandan DSM’s venture, AIF nominated for Global Award

RWANDA - The Rwandan fortified food factory, Africa Improved Foods (AIF), has been nominated as a finalist to the 2018 World Changing Ideas Awards (WCIA), in the food category, reports KT Press. WCIA, now in its second year, celebrates businesses, policies, and non-profits that are poised to help shift society to a more sustainable and…

Tanzania’s corn production to fall 2% for 2018/2019 harvest

TANZANIA - Tanzania’s corn production is forecast to decline 2% to 5.25 million tonnes for the year 2018/19 down from 5.35 million tonnes in the previous year, affected by pests and diseases, according to a report by Global Agricultural Information Network (GAIN) of the USDA. USDA further noted that apart from a major impact from…

Lesaffre announces the acquisition of Tunisia’s Rayen Food Industries

TUNISIA – Lesaffre, a French yeast manufacturer and the world's largest producer, has announced the acquisition of a majority shareholding in the company Rayen Food Industries in Tunisia. Rayen Food Industries is the largest production plant of baker’s yeast in Tunisia. This acquisition is in line with Lesaffre’s goal of strengthening its presence on the…

Investors to pump US$693.7m in Nigeria rice production

NIGERIA - Investors in the Nigerian rice industry are planning to invest about US$693.7 million to enhance domestic production and save on importation costs the country has always incurred. The Guardian Nigeria reports that the announcement was made by the Minister of Agriculture Audi Ogbeh during a Rice Conference organised by Agro Nigeria. This is…

Dangote, Flour Mills of Nigeria boost wheat production with threshing machines

NIGERIA - Dangote, Flour Mills of Nigeria and other stakeholders in the milling industry have donated 50 units AMAR multi-crop threshers to wheat farmers to boost wheat production in the country. According to the Guardian Nigeria, this aims at improving grain production for Nigeria estimated at about 16.3 million tons for wheat, rice, corn and…