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Breaking News
  • Diageo reports strong half-year financials with 18.4% rise in net sales and growth across all regions
  • IWSR mulls Saudi Arabia could be the next big opportunity for the no-alcohol category
  • World’s largest high-rise pig farm constructed in China to address insatiable demand for pork
  • South African fish farmers raise concern over offshore oil and gas exploration
  • Diageo’s 14.97% stake increase in EABL approved amid flat growth in half-year earnings by the subsidiary
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Tag: Investments & Funding

African Development Bank to commit US$10 billion in 5 years to boost food security in Africa

January 27, 2023January 27, 2023

AFRICA – The African Development Bank Group has pledged to invest US$10 billion over the next 5 years to support…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News LATEST NEWS 

KTDA to procure 13 orthodox tea processing machines for allied factories to meet burgeoning demand for orthodox tea

January 26, 2023January 26, 2023

KENYA – Kenya Tea Development Agency (KTDA) has received backing from the Kenyan Government in procuring and installing orthodox tea…

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AFRICAN NEWS Beverages Investments & Funding News LATEST NEWS Tea, Coffee & Cocoa 

Sasini to go green with investment in solar energy plant as Kenyans stare at 78% electricity price hike

January 26, 2023January 26, 2023

KENYA – Sasini Plc, a Kenya-based tea, and coffee company, plans to install a solar energy plant in its 1,463…

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AFRICAN NEWS Beverages Investments & Funding News LATEST NEWS Sustainability 

Uganda to invest in three coffee pillars to become US$1.5bn exporter by 2025

January 24, 2023January 24, 2023

UGANDA – During the recently concluded National Coffee Dialogue on developing Uganda’s coffee value chain, the country’s Prime Minister Robinah…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News LATEST NEWS Tea, Coffee & Cocoa 

After surviving Covid, Africa’s beverage industry gets back on the investment track

January 24, 2023January 24, 2023

A thirst for growth in a post-pandemic era sends Africa’s beverage industry into an investment spree, expanding production capabilities while…

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Beverages Company Features, Interviews & Reports Investments & Funding News LATEST NEWS 

Campbell Soup invests US$50m in consolidating snacking operations and expanding team

January 23, 2023January 23, 2023

US – Campbell Soup, an American processed food, and snack company, has planned to invest US$50 million and add 330…

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Investments & Funding News LATEST NEWS Sugar & Confectionery WORLD NEWS 

Nestlé Health Science invests US$43m in boosting capacity at Wisconsin factory

January 20, 2023January 22, 2023

USA – Nestlé Health Science has invested US$43 million in its Eau Claire, Wisconsin factory, to increase capacity to meet…

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Beverages Investments & Funding News LATEST NEWS Sustainability WORLD NEWS 

Blue Tokai Coffee Roasters raises US$30m to globalize operations and products

January 18, 2023January 18, 2023

INDIA – Specialty coffee brand startup Blue Tokai Coffee Roasters has secured US$30 million in its latest Series B funding…

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Beverages Investments & Funding News LATEST NEWS Tea, Coffee & Cocoa WORLD NEWS 

Mitchell Cotts unveils Kenya’s first vacuum cooling service to boost fresh produce exports

January 18, 2023January 18, 2023

KENYA – Mitchell Cotts, a Kenyan-based logistic firm,  has officially unveiled the country’s first organized vacuum cooling service that could…

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AFRICAN NEWS Agriculture & Agribusiness Fruits & Vegetables Investments & Funding News LATEST NEWS 

PepsiCo invests in new warehousing facility in Arizona, expands GBSC in Hyderabad

January 18, 2023January 18, 2023

GLOBAL – PepsiCo Beverages North America (PBNA) has opened a new 238,000-square-foot warehousing facility in Goodyear, Arizona, to house 300…

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Beverages Investments & Funding News LATEST NEWS WORLD NEWS 

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Africa Food Safety & Nutrition Summit Western Africa – October 2023 – Lagos, Nigeria

MOST RECENT POSTS

  • Diageo reports strong half-year financials with 18.4% rise in net sales and growth across all regions
  • IWSR mulls Saudi Arabia could be the next big opportunity for the no-alcohol category
  • World’s largest high-rise pig farm constructed in China to address insatiable demand for pork
  • South African fish farmers raise concern over offshore oil and gas exploration
  • Diageo’s 14.97% stake increase in EABL approved amid flat growth in half-year earnings by the subsidiary

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Mega Event Gulfood to play a leading role in tackling global food challenges, kick-starting a pivotal year for the UAE in 2023

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
January 27, 2023

#moversandshakers
Five years after the first beer rolled out from Bature’s taproom, the company has grown in leaps and bounds. Today, it still holds the
title of being Nigeria’s only International Award-winning brewery.

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afsnsummit Africa Food Safety & Nutrition Summit @afsnsummit ·
January 27, 2023

The three interconnected issues of food safety, food nutrition and food security are some of the most challenging in Africa’s quest to provide adequate, nutritious and safe food to its growing population.

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
January 27, 2023

Sasini to go green with investment in solar energy plant as Kenyans stare at 78% electricity price hike https://t.co/NFIQwahomb
#investment #sustainability #solarpower
@sasinikenya

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
January 27, 2023

KTDA to procure 13 orthodox tea processing machines for allied factories to meet the burgeoning demand for orthodox tea https://t.co/SVyK3HqNYj
#investment #orthodoxtea #kenya
@KTDATea

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foodbizafrica Food Business Africa Magazine @foodbizafrica ·
January 27, 2023

Irrigation, farm input supply, and investment in agro-enterprise take center stage in Dakar II summit https://t.co/dytdiP72wA
#investinafrica #dakar2023 #foodsecurity #senegal
@AfDB_Group

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