Bidco Africa commissions US$200m industrial complex in Kenya

KENYA – Bidco Africa Group, one of the leading consumer good company in East Africa, has opened a US$200M (Sh20 billion) ultra-modern industrial park in Ruiru, Central Kenya. Speaking during the launch, Bidco Africa Chairman Vimal Shah, said the multi-million dollar complex is part of the company’s expansion plan and will host its beverage and food processing factory. The park sits on an 80-acre parcel land and comprises of a 550,000 litres per day effluent treatment plant, a 90,000 litres per hour water filtration facility and a 66-kilovolt power station…

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Bidco Africa Group’s chief executive Thiagarajan Ramamurthy retires

KENYA – Bidco Africa Group, one of the leading consumer goods manufacturer in Kenya, has announced the retirement of Thiagarajan Ramamurthy as the company’s chief executive officer. A statement made by company’s Chairman, Vimal Shah, said that Ramamurthy, opted to exit the business “upon attaining the retirement age of 70 years.” According to an update by the Citizen Digital , Ramamurthy is poised for an appointment at one of the firms he worked for previously which informs his exit from the company. Ramamurthy, who is also a former chief operating…

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Kenyan consumer goods manufacturer Bidco launches new energy drink

KENYA – Bidco Africa Group, a consumer goods manufacturer headquartered in Kenya, has launched a new energy drink ‘Reaktor’ as it seeks to tap into the fast growing Kenyan energy drink market. According to the group the energy drink has an enhanced fruity taste with a unique formulation and ingredients selected to give complete action; provide energy to the muscles and brain, contribute to the proper functioning of the nervous system. “We are excited to launch Reaktor. Energy drinks consumption has evolved; while it was previously associated with a niche…

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Oil Palm Uganda Ltd dismisses US$20m fraud allegations

UGANDA – Oil Palm Uganda Limited (OPUL), a palm oil producer in the country, has dismissed allegations that its financial controller has frauded the company a total US$20.16 million In a statement published by the East African, OPUL further clarified that the company’s Financial Controller, Janadhan Naidu, had resigned from his position, and had not been dismissed due to fraud, as reported by several media. “The allegations made thus far are false and not supported by any evidence. The fact is, the financial controller… resigned from the company to pursue…

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Bidco Land O’Lakes launches new ‘Kienyeji’ poultry diet in Kenya

KENYA – Bidco Land O’Lakes, a feed-focused joint venture between the American agricultural cooperative Land O’Lakes and Bidco Africa has launched new ‘Kienyeji’ four phase diet for the indigenous chicken. The Kienyeji Feed is expected to improve the rearing of the local poultry raised on either free range or in confinement. According to Bidco Land O’Lakes, the new product will provide the Kienyeji farmer with appropriate and quality feeds for both the Kienyeji poultry and improved breeds. Farmers will be able to provide their chicken with different nutritional requirements required…

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Bidco Africa and Safaricom form partnership to boost edible oil production

KENYA – Consumer goods manufacturer, Bidco Africa and Kenyan communications company Safaricom have formed a partnership that aims to boost oil crop farming and reduce reliance on imports of the commodity. According to Business Daily, the two will work together with Migori County to promote sunflower and soyabeans farming in the region. Safaricom will support the initiative through its integrated mobile platform, DigiFarm by providing technical support including quality fertiliser, seeds and other farming inputs to increase productivity. Bidco on the other hand will provide a ready market for the…

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Bidco Africa wins top most award at Energy Management Awards ceremony

KENYA– Agribusiness and manufacturing giant Bidco Africa has been declared the overall winner of the coveted Energy Management Award at the awards ceremony held in Nairobi, Kenya. The awards, themed ‘Setting the pace in resource efficiency towards competitive local manufacturing’, awarded over 20 companies that have achieved significant reductions in their energy consumption through implementation of energy efficient measures and technologies. Food companies, including James Finlay – Saosa Tea Extract Factory, Farmers Choice, Premier Foods, Frigoken, Sotik Highlands Tea, Gitugi Tea Factory and several others also took various awards, in…

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Bidco Land O’Lakes breaks ground on US$10m animal feed plant

KENYA – Bidco Land O’Lakes, the joint venture business between Bidco Africa and American company Land O’Lakes, has commenced the construction of a KSh 1 billion (US$10 million) animal feed plant in Nakuru, Kenya. The new plant ‘will boost production capacity, give us ability to produce new, high quality and innovative animal feeds products’, said the company on its Twitter feed in early February. The new plant will be ready by early 2019. The new investment could provide the company with capacity to meet rising local demand in Kenya where…

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