Ethiopia seeks a transaction advisor to oversee privatization plan of its sugar factories
ETHIOPIA – The government of Ethiopia is forging on with its plan of privatizing state-owned…
Sugar & Confectionery
Kenya registers increase in sugar output as it gets extension on COMESA sugar import safeguards
KENYA – Kenya’s sugar production in the nine months to September has hit a four-year…
Cargill invests US$100m in Indonesian sweetener plant, to inject a further US$20m in Malaysian palm oil facility upgrade
ASIA – Agricultural commodities trading company Cargill is on a new expansion drive, injecting about…
European chocolate brand Ritter Sport goes green with new paper-based wrappers
AUSTRIA – Ritter Sport, a chocolate brand from the family-owned Alfred Ritter GmbH & Co….
Italian chocolate manufacturer Ferrero to build US$75m production facility in North America
US – World renown Italian chocolate manufacturer Ferrero has announced that its North America subsidiary…
Mars Incorporated to expand portfolio with acquisition of popular snack maker Kind North America
US – American multinational food company Mars Incorporated is set to expand its portfolio of…
The dwindling state of government owned sugar factories in Kenya
KENYA – Kenya’s state-owned sugar mills characterized by huge debts, poor governance, ageing and obsolete…
Mondelēz goes green this Christmas, swaps plastic trays for carboard in adult selection boxes
UK – American multinational confectionery known for its popular snacks Mondelēz International has announced that…
Cadbury chocolate maker Mondelēz invests in foodtech startup Torr
ISRAEL– American multinational food, beverage and snack company Mondelez International has invested an undisclosed sum…
Confini Ltd. introduces flavoured licorice candies
Company name: Confini Ltd, Kenya Product type: Confectionery Innovation: New product Confini Ltd, based in Nairobi, Kenya has…
Food ingredients company AAK launches Illexao, a super compound for chocolate manufacturers
SWEDEN — AAK, a Swedish-Dansih company that is a leading provider of value-adding vegetable oils…
SweeGen expands sweetener portfolio with new stevia-based ingredient
US – Sweetener manufacturer SweeGen has launched its latest natural sweetener, Bestevia Reb I, an…