Singapore cell-based milk startup TurtleTree Labs raises US$3.2m seed round

SINGAPORE – TurtleTree Labs, a Singapore-based biotech that has developed the world’s first cell-based milk, has raised US$3.2 million in a seed funding round from global investors. The food tech company’s revolutionary milk production technology attracted investors like Green Monday Ventures, KBW Ventures, CPT Capital, Artesian, and New Luna Ventures in the seed round – which comes five months after the startup closed its pre-seed round in January this year. TurtleTree Labs is championing its cell based innovation, creating real milk from mammalian cells, without the need for animals. As…

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Nigerian state government to inject US$9m to promote the dairy sector

NIGERIA – The Kano State is set to inject US$9m for the establishment of 200 milk collection centres across the state, within the next five years through its Agro Pastoral Project. According to the Project Coordinator, Ibrahim Muhammad, 40 milk centers will be constructed annually with the project commencing this year. Each milk collection center will have a borehole equipped with a solar-powered pump and a 20,000 litres overhead tank, an inputs store and up to 10 fodder banks in its environs. In addition, the collection center will have a 250-liter…

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Pearl Dairy, Nile Breweries donates food stuffs to curb the effects of COVID-19

UGANDA – Pearl Dairy Farm Limited, the largest dairy processor in Uganda marketing its products under the flagship brand LATO, has donated liquid milk worth UGX 345 million (US$91,600) to help in the fight against the coronavirus pandemic. The 41,200 litres of liquid were donated to the Office of the Prime Minister (OPM) and the Indian Association of Uganda with OPM receiving milk worth UGX 225 million (US$59,700) while the Indian Association of Uganda received milk worth UGX 120 million (US$31,800). Pearl Dairy head of sales, Mr Nirav Patel said,…

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New KCC lays off 280 workers at Nyahururu plant to pave way for facility upgrade

KENYA – The New Kenya Co-operative Creameries (KCC), state-owned dairy processor has laid off 280 casual workers at its factory in Nyahururu, Laikipia County in a restructuring move. In a letter dated February 29, Managing Director Simon Wanjangi said the contracts had been terminated with immediate effect “as there was not much production going on at the factory.” “This is to inform you that due to the temporary stoppage of production operations in the factory, to give room for factory modernisation, the management has decided to terminate your services with…

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Only six firms will be allowed to import milk in Nigeria, CBN says

NIGERIA – The Central Bank of Nigeria has given approval to six dairy companies to import milk into the country. CBN in a statement signed by Director, Trade and Exchange Department, Dr Ozoemena Nnaji said that the move is part of efforts aimed at bridging the supply gap of milk. This move comes even as the government pursues its backward integration strategy to make the country self-sufficient in milk production. Nigeria’s apex bank said the approval was given in line with its objective to increase and improve the local production…

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Zimbabwe’s milk processors Dairibord, Tavistock enter into a strategic alliance

ZIMBABWE – Dairibord Zimbabwe Ltd (DZL), Zimbabwe’s largest milk processor has entered into a strategic alliance and share subscription agreement with its single largest supplier of raw milk, Tavistock Estate Limited. This development will see the parties collaborating in the expansion of a sustainable raw milk supply business model set to unlock shareholder value. According to a press release by the company informing share-holders of the alliance, “The Directors of Dairibord Holdings Limited (Dairibord) would like to advise all stakeholders that Dairibord Zimbabwe (Private) Limited (DZPL), its 100 percent owned…

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Uganda protests the seizure of milk brand by Kenyan authorities

UGANDA – The government of Uganda has issued a protest note to Kenya expressing concern over the “illegal seizure of Ugandan made milk and milk products under the Lato brand.” The Kenya government, acting through the country’s Directorate of Criminal Investigations and Kenya Bureau Standards, seized 3,000 – 25 kilogramme bags of Lato Milk, on claims that the products had been illegally imported in the country without paying taxes. In a letter dated January 15 addressed to the Kenyan High Commission from Uganda, Ministry of Foreign Affairs, said that the…

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Kenya to impose 16% VAT on Ugandan milk in bid to curb illegal importation

KENYA – Kenya has resolved to impose 16 percent value added tax (VAT) on milk imports from Uganda as part of measures to protect local dairy farmers and calm the simmering trade tensions between the two neighbouring nations. The agreement was reached during a bilateral meeting between trade officials from the two countries. “The meeting deliberated on possible measures to remedy the concerns of Kenya and more less agreed that VAT be imposed on milk imports into Kenya since the same is imposed by Uganda and noted that this may…

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New Kenya Cooperative Creameries to launch lactose free milk

KENYA – The New Kenya Cooperative Creameries (KCC), one of the leading dairy processors in Kenya is launching a low lactose milk product, an addition to its Gold Crown brand targeting lactose intolerant consumers. The new milk aimed at promoting a healthy lifestyle comes in an orange pack, featuring its prominent crown logo, will enable lactose intolerant consumers to easily digest the milk sugar in which causes stomach discomfort, bloating and stomach upsets to them. The launch comes in wake of fresh push for privatization of the dairy. Dairy investors…

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Kenyan dairy cooperative constructs a US$2.8m processing plant

KENYA – Kangema Unity Investment, a dairy cooperative of local farmers in Murang’a County, Central Kenya, has built a Sh300 million (US$2.8 million) milk processing plant to start operations by the end of this year. The construction of the plant was financed by the over 5,000 dairy farmers who contributed the money from their own savings and avoid bank loans to venture into milk processing. The cooperative’s chairman John Mugo said farmers decided to venture into the dairy sector to increase their earnings adding the facility will be processing milk…

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