Aaryan Investment gets nod from CAK for full ownership of Bidco Land O’ Lakes

KENYA – The Competition Authority of Kenya (CAK) has approved Aaryan Investments Limited (AIL), to acquire 50% stake in animal feed joint venture by Bidco Africa and American Conglomerate Land O’Lakes. The proposed deal involves the acquisition of an additional 50 percent shares in Bidco Land O’ Lakes by AIL, gaining full control of the business. Aaryan, which is incorporated in Kenya as an investment holding company, currently owns 50 percent of the target’s issued share capital. The company also controls Bidco Africa Limited which, through its subsidiaries, manufactures fast-moving…

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Bidco Africa expands product offering with launch of ginger flavoured Planet soda

KENYA – Kenya’s leading producer of consumer goods, Bidco Africa has unveiled a new variant of its Planet drink, coming in ginger flavour. The launch of the new carbonated soft drink is a show case of the company’s commitment in driving the country’s transformation agenda through a deliberate strategic direction and commitment towards enhancing Happy Healthy Living through innovations in manufacturing. Commonly known as Planet Tangawizi, the beverage joins the Plant range of products already in the market, i.e., Planet Orange, Planet Passion Pineapple and Planet Mixed Berries plus Planet…

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Edible oil processor Bidco Uganda undertakes second palm oil production project to boost output

UGANDA – Bidco Uganda Limited, Uganda’s leading producer of edible oil and the only company that owns and operates palm oil plantation in East Africa, is seeking to double its output to 80,000 tons. BUL, jointly owned by Wilmar International, Josovina Commodities Pte Ltd. of Singapore and Bidco Africa Ltd. of Kenya, is already producing as much as 40,000 tons of palm oil from its Bugala island estate on Lake Victoria, reports Bloomberg. The company is establishing its second palm oil project on Buvuma Island and targets to have 1,000…

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Bidco Africa, Kenya Wildlife Services engage in sunflower farming in pursuit to end Human-Wildlife conflict

KENYA – Kenya’s leading producer of consumer goods, Bidco Africa has signed a Memorandum of Understanding (MoU) with Kenya Wildlife Services (KWS), aimed to tackle Human-Wildlife Conflict (HWC) among communities living adjacent to protected areas through sunflower farming and beekeeping. Under the agreement, Bidco will avail an offtake market for all the sunflower produced ensuring prompt payment to farmers. In addition, they will undertake training and sensitization on sunflower farming to communities through a partnership with organizations such as Kenya Commercial Bank Foundation. KWS on the other hand will identify…

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Bidco Africa promotes health living with new Golden Fry cooking oil

Company name: Bidco Africa Product type: Cooking oil Innovation: Improved variant Bidco Africa Limited, one of the leading consumer good company in East Africa has launched an all-new Golden Fry cooking oil loaded with nutrients, in a bid to create a whole ‘healthwise’ community. According to the company, the nutritious cooking oil coming in a golden bottle with a refreshed new look is packed with antioxidants as well as vitamin A, D and E, among other nutrients. Its launch is in response to the rising cases of chronic diseases such…

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Bidco Africa, JKUAT ink strategic partnership to boost skill development for economic growth

KENYA – Bidco Africa Limited, has signed a memorandum of understanding with Kenyan public university Jomo Kenyatta University of Agriculture and Technology (JKUAT) that will see the two organizations collaborate on strategic fronts including agricultural research, innovation, technology transfer, entrepreneurship and the general improvement of agriculture and food security in the country. The MoU is aimed to develop a close synergy between the students of the institution of higher learning with industry players and communities in order to achieve sustainable development and progress. “The role of academia-industry linkage in promoting…

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Bidco Africa sets up futuristic electric infrastructure incorporating IoT functionality

KENYA – Bidco Africa Limited, leading consumer good company in East Africa has partnered with Schneider Electric, provider of energy and automation digital solutions, to install a smart electrification solution at its latest production site at Industrial Park in Ruiru-Kiambu county, Kenya. For the past three years, Bidco has set out to build one of the largest production facilities in the region using latest technology on 80-acre industrial park on the outskirts of Nairobi. The factory is home to the company’s instant noodles, Nitrofilled Juices, Sodas, Energy drinks and Mineral…

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Bidco Africa launches sunflower farming initiative dubbed ‘Tujiinue Tena’ to boost local sourcing

KENYA – Bidco Africa, leading consumer good company in East Africa has partnered with Pan Africa Climate Justice Alliance (PACJA) to launch a sunflower farming initiative dubbed ‘Tujiinue Tena’ in Igembe South, Meru County, Eastern of Kenya. PACJA is a consortium of more than 1000 organisations from 48 African countries targeting to address climate and environmental challenges facing humanity and the planet. The sunflower initiative targets more than 3,000 farmers in the semi-arid area to raise local production of sunflower to meet Bidco’s demand of 10,000 metric tonnes for oil…

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BidCo Africa, Co-Ro foods joint venture opens new US$2.5m juice production line

KENYA – Bidco Africa Group, one of the leading consumer good company in East Africa in collaboration with Danish firm partner, Co-Ro foods have inaugurated US$2.5 million (Ksh.267 million) juice production line in Ruiru, Kiambu county.   The joint venture was financed through a mix of borrowing and internal cash reserves, reports Business Daily. The new juice line will produce Sunquick brand, trading under BidCoRo, with the beverage targeting both local and export markets. CO-RO is one of the world’s leading providers of fruit based soft drinks including Suntop, Sunquick,…

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Kenyan corporates gear up their support in fighting spread of the corona virus

Coronavirus

KENYA – Bidco Africa, one of the leading consumer good company in East Africa is the latest corporate entity to provide the much-needed boost to the Covid-19 Emergency Response Fund with a Sh25 million (US$233,000) donation. The Thika-based manufacturer of fast-moving consumer goods has also replaced its corporate colours with those of the national flag in solidarity with Kenyans going through different challenges in the wake of the deadly virus. “We affirm our continued commitment to stand by all Kenyans and the world at large to provide unwavering support and…

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