Nestle to reward US$1.08m to cocoa farmers under the Nestlé Cocoa Plan (NCP)

GHANA – Nestle Ghana Ltd will reward US$1.08 million to over 17,615 farmers under the Nestlé Cocoa Plan (NCP) as the company looks to doing business profitably while ensuring sustainable development in the community they […]

Cadbury Nigeria to focus on growing market share for profitability

NIGERIA – Cadbury Nigeria Plc has said that it will focus on growing market share, expand and improve its distribution network as a way of achieving sustainable growth as delivering better returns to shareholders, reported […]

UK-based fitness brand TrueStart launches new range of cold brew coffees

UK – TrueStart, a UK-based fitness brand, has launched a new range of Cold Brew, Nitro, and Home Brew coffees to appeal to a growing millennial consumer base. According to FoodBev, the new range of […]

Barry Callebaut reports 6.9% sales growth in first 9 months of FY 2017/18

USA – Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, has reported grew its sales volume by 6.9% to 1.5 million tonnes in the first 9 months of fiscal year 2017/18. […]

PureCircle announces increased expansion capacities for Reb M supply

USA – PureCircle, the world’s leading producer and innovator of stevia sweeteners, has announced that it has expanded its capacity to supply significantly more Reb M to global beverage and food companies. Reb M is the […]

UberEats inks product distribution deal with Café Coffee Day (CCD)

INDIA – The American online food ordering and delivery platform, UberEats through UberPortier B.V has entered into an agreement with Café Coffee Day (CCD) for food products distribution in India. According to Coffee Day Enterprises, […]

Ghana Cocoa Board to boost cocoa production to one million metric tonnes

GHANA – Ghana’s Cocoa Board (COCOBOD) has announced that it expects to increase cocoa production to one million metric tonnes as a result of combined efforts to improve crop yield, reported GNA. According to Dr. […]

Investor Dan Loeb wants Nestle SA to split up into 3 divisions for more sales

SWITZERLAND – Dan Loeb, an investor activist in the Swiss transnational food and drink company, Nestle SA is demanding the group to consider restructuring and a split-up into three divisions that is beverages, nutrition and […]

Unilever receives positive opinion on health claim for tea from the EFSA

EUROPE – Unilever, the world’s leading tea company, has announced that the European Food Safety Authority (EFSA) has issued a positive opinion on the company’s evidence that black tea improves attention. According to EFSA, this […]