KENYA – The manufacturer of the Soko maize flour has bought out a rival miller for more than Sh200 million as it seeks to expand its market share in the competitive packaged food business.
KENYA – Kenya’s pioneer Nokia distributor MiDCOM has ventured into the local dairy market in a growth and diversification strategy.
NIGERIA – In order to satisfy consumers’ demand beyond the existing offerings, Chi Limited has introduced three new variants of Chi Happy, into the marketplace.
KENYA – Meru’s dairy industry is set for a boost after a local milk processor announced plans to establish cooling stations across the county.
SOUTH AFRICA – The Competition Commission has recommended a conditional approval of the merger between JSE-listed Clover and Dairybelle’s yoghurt and long-life milk businesses.
KENYA – New KCC managing director Kipkirui Langat is set to leave the dairy firm next year, at a time when the company is in the process of selling the State-owned firm to private investors.
NIGERIA – Nigeria’s diary industry is growing moderately, with the compounded annual growth rate (CAGR) of 8 percent over the last three years and an estimated revenue of N347 billion in 2013.
ZIMBABWE – Kwekwe-based dairy concern; Dendairy has invested about $4 million in the purchase of an additional manufacturing line that will see the company increasing its product portfolio.
NIGERIA – In a major innovation in the CSD market in Nigeria, The La Casera Company has added another product – Smoov Chapman – a ready-to-drink drink in an ‘on-the-go’ plastic bottle to its expanding.
NIGERIA – Consumers across the country have commended Chi Limited for its introduction of three new variants of Hollandia Yoghurt in addition to existing variants in the market.