Tag: beverage

Africa Food Manufacturing & Safety Summit (AFMASS) Conference & Expo – Western Africa edition

AFMASS Western Africa is the largest food, beverage and milling industry's largest conference and exhibition attended by key decision makers from Western Africa Africa to trade, network and learn the latest processing, packaging and safety technologies. Bringing together delegates and visitors from Nigeria, Ghana, Cameroon, Benin, Ivory Coast and surrounding countries in Western Africa, AFMASS…

AFMASS Eastern Africa Edition records 44% growth, stakeholders impressed with outcome

Food Business Africa

KENYA- The 2018 of AFMASS Eastern Africa edition has been hailed as a milestone event by attendees, sponsors and exhibitors who participated at the event held in Nairobi, Kenya on the last week of April 2018. The event was held on April 25-27, 2018 at the Nairobi Convention & Conference Centre in Nairobi, Kenya. The event recorded a 44% increase…

PepsiCo opens new US$42.3m baby food plant in Russia

Food Business Africa

RUSSIA - PepsiCo, Inc., the American multinational food, snack and beverage company has opened a new US$42.3 million baby food plant with a daily capacity of approximately 25 tonnes in Russia, reported FoodBev. The new plant will exclusively be used to produce cottage cheese and yogurt products for the company’s Agusha and Chudo Detki brands.…

Chr. Hansen reports solid organic growth of 9% in its first-half year results

Food Business Africa

DENMARK - Chr. Hansen A/S, developer of natural solutions for the food, beverage and nutritional industry has reported solid organic revenue growth of 9% in the first half of 2017/18, led by 12% growth in Food Cultures & Enzymes. EBIT before special items increased slightly to US$167.96 million while in Q2, organic growth was 9%,…

Nampak considers selling its glass unit amid competition in beverage can market

Food Business Africa

SOUTH AFRICA - Nampak Ltd, the South African plastics bottle manufacturing company has welcomed proposal to sell its glass division in a way to create a more profitable business and address a skills gap, report Reuters. In addition to inconsistent electricity supply and insufficient technical skills at its glass division, the group highlighted that it…

EABL secures US$125 million loan for second Kenya plant

Food Business Africa

KENYA - East African Breweries Limited (EABL) has secured a Sh12.5 billion (US$125 million) long-term loan from Standard Bank Group to fund the ongoing construction of its Senator Keg factory in Kisumu. The completion of the factory is expected  to create 110,000 direct and indirect jobs and push sorghum demand from the current 20,000 tonnes…

Delta Corp’s income down 10% on tough economy

Food Business Africa

ZIMBABWE – Zimbabwean soft drink and alcoholic beverage consumers manufacturers have become choosy as they seek value propositions to survive the country’s current economic difficulties but this has impacted on brewer, Delta Corporation, whose revenues for the year to March have declined 10% to $483 million.