ZAMBIA - The Zambian government has said that fish production is expected to increase to 40,000 tonnes upon completion of the Zambia Aquaculture Enterprise Development (ZAED) Project in 2021, reports The Times of Zambia. The project is aimed at stimulating growth in the aquaculture subsector in order to promote economic diversification and sustainable employment generation…
ETHIOPIA – Ethiopian oldest sugar estate, Wonji Shoa Sugar Factory has started negotiations with the government to sell the company to a private buyer, Ethio-Sugar Manufacturing S.C in a deal valued at US$393.41 million (11 billion Br). According to AddisFortune, Ethio-Sugar has written to the Ethiopian Sugar Corporation and the Office of the Prime Minister…
AFRICA – The United States Agency for International Development (USAID) has awarded US$5 million grant to University of California – Davis to aid in tackling the Newcastle disease on the continent. According to GNA, the funding will go towards a project that is looking to identify genes that are crucial to breeding birds with enhanced…
RWANDA – Sorwathe company, one of the oldest tea companies in Rwanda has invested over US$1.12 million in a new green tea factory in Kinihira, Rulindo district in the country’s Northern Province. The company will exclusively produce green tea to address the growing global demand, a report by Tea With Nipun reveals. According to Sorwathe…
ZIMBABWE - President Mnangagwa has commissioned a new Prodairy Milk Processing Plant in Ruwa, Zimbabwe that will aid the country in addressing milk consumption gap. According to the Herald, the new facility which is a division of a consumer goods focused group, Innscor Africa Holdings becomes Zimbabwe’s third UHT Processing Plant after Dairibord and Dendairy.…
TANZANIA - Feerum JSC, a Poland based producer of grain silos is set to commission a number of grain silos in Tanzania’s Songea, Dodoma and Shinyanga regions and two districts next year. The Polish firm signed an agreement with Tanzania’s National Food Reserve Agency to construct five grain silos in December 2016 in a deal valued…
USA – The American producer of canned soups Campbell’s has announced the launch of a new range of on-the-go, convenient soups, Well Yes! in the United States targeting health trend among consumers. The new products are available in convenient grab-and-go packaging, in five delicious flavours to provide healthier snack options for especially consumers with busy…
CANADA – Saputo Inc., Montreal-based Canadian dairy company has agreed to acquire the activities of F&A Dairy Products, Inc. at a purchase price of US$85 million (CDN$111 million). The transaction funded through cash-free and debt-free basis, will be paid in cash from cash on hand and available credit facilities. It includes its two manufacturing facilities…
ZAMBIA – The Dairy Association of Zambia (DAZ) has received US$2 million funding from the Swedish government for the implementation of the Digital Information Management System (DIMS). According to Lusaka Times, the proceeds will go towards enhancing growth of the milk value chain especially by enabling small scale farmers access goods and services. The initiative…
JAPAN - DuPont Nutrition & Health, an American conglomerate, will open a new innovation site in Japan later this summer to serve customers primarily in the bakery, beverage and dairy industries. Located in the Kanagawa Prefecture, the 700-square-metre facility will provide solutions for the company’s Japan- and Korea-based clients. According to the company, the site’s…
