Barentz International forms joint venture with Matco Foods in Pakistan

PAKISTAN – Dutch specialty ingredients distributor, Barentz international has formed a joint venture with Pakistan based Matco Foods Limited to better serve the rapidly growing Pakistani food processing market. Backed by the International Finance Corporation […]

Nestlé opens new US$22m juice manufacturing plant in Pakistan

PAKISTAN – Nestlé has inaugurated a new juice production plant in in Sheikhupura, Pakistan with an investment of US$22 million. The Nestle Fruita Vitals plant has a capacity of 24,000 units per hour and will […]

Pakistan based Maxim Agri to set up US$10m animal feed plant in Kenya

KENYA – Maxim Agri International, a Pakistan based company has signed an agreement with the Oserian Development Company to put up an animal feed plant worth Sh1 billion (US$10 million) in Kenya. Maxim Agri International […]

Pizza Hut Pakistan operator partners GetSwift for last mile delivery

PAKISTAN – MCR Pvt. Ltd., operator of Pizza Hut franchises across Pakistan has selected delivery software provider GetSwift to support its last mile delivery network across the country. Pizza Hut was the first international restaurant […]

Kenya’s tea sales to Pakistan shrink 37% to US$100m in first quarter

KENYA – Kenyan tea exports to leading tea buyer, Pakistan, recorded a37 percent decline during the first quarter of the year compared with a similar period last year following low prices witnessed at the auction. […]

Kenyan tea exports to Pakistan hit US$34.79m at 15200 tonnes as top buyer

KENYA – Pakistan emerged as the leading buyer of Kenyan tea as the commodity exports to the country surged to  15.2 million kilogrammes, equivalent to 15200 tonnes, which is valued at US$34.79 million (Sh3.5 billion) […]

Cargill lines up US$200m investment to grow business in Pakistan

ASIA – The global agricultural merchant, Cargill has announced plans to invest more than US$200 million in Pakistan to grow its food and agricultural business in the next three to five years. Planned investment will […]

PepsiCo and Coca-Cola to invest US$1.4b in Pakistan

ASIA – The world’s beverage giants are planning to invest in Pakistan with PepsiCo lining up US$1.2 billion in the next five years while Coca-Cola will further invest US$200 million in the coming two to […]