DENMARK - Danish emulsifier company Palsgaard has taken a step towards carbon-neutral production with the activation of 840 solar panels at its Dutch factory, as the new solar panels will further reduce its need for external sources of electricity. According to the company, it has continued to use fossil fuels at the factory, CO2 emissions…
ETHIOPIA - Mogle Bottled Water Manufacturing, Ethiopia’s bottler of One Water brand plans to triple its production capacity and unveil two facilities for the manufacture of plastic bottles and caps. An Addis Fortune report indicates that the expansion will enable the company bottle 96,000 bottles of water an hour, up from the current 32,000 bottles.…
ETHIOPIA – The Federal Cooperative Agency has signed a Memorandum of Understanding with the heads of regional cooperatives to construct 25 silos to be used by agricultural cooperative unions involved in teff and wheat value chain in four regional states. The bid aims to alleviate the shortage of warehouses and help cooperative unions with a reliable…
TANZANIA - EXIM Bank Tanzania has pledged to support cashew farmers in Mtwara, Tanzania with US$87,328.00 investment meant to enhance productivity in the industry during 2018 season. According to Daily News, the move is geared towards improving the livelihoods of farmers given that the sector has witnessed significant growth in production and sale prices. The…
BELGIUM – Cargill, has committed to source waxy corn 100 percent sustainably from European farmers, in an effort to support farmers to continuously improve their practices and reduce their impact on the environment in corn growing areas. According to the company, it has developed the Waxy Corn Promise program, leveraging the strong partnerships between Cargill,…
USA – AB InBev, a multinational drink and brewing holdings company, has reported a 11% loss in shares in third quarter sales results 2018, with 50% dividend cuts as it pays down 2016 SABMiller acquisition. The world’s largest brewer Anheuser-Busch InBev has cut its dividend in half and reported weak third-quarter profits hit by slower…
WORLD – A study involving the University of East Anglia (UEA), has warned that the increasing widespread and severe drought and heat may cause substantial decreases in barley yields worldwide, affecting the supply used to make beer. According to the study, the notion of how big business will contribute to the fight against climate change…
KENYA - Farmers and millers mainly from the Lake Region Economic Bloc (LREB) have agreed on key proposals in the sugar regulations in a bid to adopt a new policy that would revive the long-ailing sugar sector. According to the Nation, the stakeholders led by LREB Chairman Wycliffe Oparanya and Kisumu’s Anyang’ Nyong’o agreed on…
ZIMBABWE - State owned commodity trading enterprise, Grain Marketing Board has received 1.1 million tonnes in maize deliveries from farmers for the 2018 marketing season as the country moves away from grain imports, reports the Herald. According to GMB, maize deliveries were expected to reach 1.2 million tonnes given farmers were still selling their commodities…
ASIA – Rabobank, a Dutch multinational banking and financial services company, has announced 20 start-ups; Food Loss Challenge Asia that focus on critical holistic solutions addressing the issue of food loss throughout the supply chain. According to Rabobank, Food Loss Challenge Asia is a competition where start-ups pitch their ideas to reduce food loss to…
