Coffee tech firm Bellwether Coffee raises $40m in funding

USA – California based Coffee technology firm, Bellwether Coffee has raised US$40 million through a Series B funding to accelerate expansion of its electronic commercial roaster and online coffee bean marketplace solutions. Led by DBL […]

FSSAI to release traffic light food labeling rules for public consultation

INDIA – The Food Safety and Standards Authority of India (FSSAI) is set to release draft on food labelling regulations including traffic light labelling rules for public comments. According to an agency official identified by […]

KBL invests US$39.72m in new brewer’s effluent treatment plant to boost efficiency

KENYA – The Kenya Breweries Limited, subsidiary of the East African Breweries Limited, is investing nearly US$39.72 million in an effluent treatment plant to boost production efficiency at its upcoming Kisumu plant. The three-phase wastewater […]

Ghana’s cocoa regulator secures US$300m facility to boost cocoa production

GHANA – The Ghana Cocoa Board (COCOCBOD), the cocoa regulator in the country has signed a new 3-year receivables-backed trade finance facility of US$300m that aims to boost Ghana’s cocoa production. According to a report […]

Ghana’s seafood and fish products imports up US$ 311.4m on increasing demand

GHANA – Ghana’s fish and seafood imports in 2018 grew to about US$ 311.4 million on account of increasing demand and dwindling fish stocks. According to a recent report by the Global Agricultural Information Network […]

Guinness Nigeria launches new Premium lager beer to grow its portfolio

NIGERIA – Guinness Nigeria Plc, a subsidiary of Diageo Plc, has launched a new premium lager beer the ‘Guinness Gold’ into the local beer market. The company describes Guinness Gold as a beer that brings […]

Zimbabwe’s Simbisa Brands doubles half-year profits amid tough economy

ZIMBABWE – Simbisa Brands Limited, Zimbabwe’s largest fast-food group, has posted an increase in profit after tax of US$16.5 million during its six months to 31st December 2018, up from US$7.9 million posted in the […]

ibert seeks establishing biogas plants in South Africa’s abattoirs

SOUTH AFRICA – ibert, a company which converts bio-waste into energy in South Africa, has a put forth a business proposition to South Africa’s abattoirs to set up biogas plants as a means of resolving […]

World Bank launches US$25m project to support Liberian farmers

LIBERIA –  The world bank has approved a US$25 million International Development Association (IDA) credit set to benefit over 17,500 smallholder farmers through Smallholder Agriculture Transformation and Agribusiness Revitalization Project (STAR-P) of Liberia. The Daily […]