Muller invests in Milk & More delivery fleet to expand UK operations

UK – Dairy company, Muller has announced that it is set to invest in its milk delivery service, Milk & More by expanding its fleet of electric vehicles for more deliveries in the UK. The company said it is rolling out 160 new environmentally friendly electric delivery vehicles, taking its fleet to just over 500…

Barry Callebaut achieves traceability of a third of its global cocoa volume

SWITZERLAND – The Swiss cocoa and chocolate company, Barry Callebaut has said that it has established traceability for a third of its global cocoa volume, bringing it closer to achieving its ambitious cocoa sustainability goals. By 2025, the company aims to source 100% of the group’s ingredients sustainably by 2025. This commitment is supported by…

Kenya’s monthly coffee earnings sink 24% to US$76.98m as global glut persists

KENYA – Kenya's Coffee earnings have continued to record a decline as the country’s March 2019 sales plunged 24% to US$76.98 million (Sh7.8 bn) against US$102.65 million (Sh10.4bn) realised in the same period last year, data from the Coffee Directorate reveals. Daniel Mbithi , chief executive at Nairobi Coffee Exchange said that the decline in…

Ghana embarks on efforts to revamp coffee sector, mulls new database

GHANA – The Coffee Federation of Ghana (CFG) has embarked on efforts that seek to revitalise the coffee industry in the country by rolling out initiatives aimed at increasing production of the commodity. As one of its mandates to support all aspects of the coffee value chain in Ghana through advocacy and networking, CFG has…

Kenya mulls commercial cocoa farming as investor launches cocoa production project

KENYA – Kenya is set to join the continent’s leading cocoa producers following latest development that has seen the Kenya Agricultural Research Organisation (KALRO) successfully conduct a feasibility study on the crop viability in the Coast region. The study conducted by KALRO in collaboration with Kilimo Sasa Fund (KSF) has also paved way for the…

Tyson Ventures invests in US food safety testing firm Clear Labs

USA – Tyson Ventures, the investment arm of the American food company, Tyson Foods has invested in Clear Labs Inc., a US based food safety testing company as it seeks to drive innovations across its businesses. Clear Labs has developed Clear Safety automated food safety platform for routine pathogen detection and next-generation sequencing (NGS) for…

ADM considers voluntary early retirement and job cuts in new restructuring

USA – The American grain giant, Archer Daniels Midland Co (ADM) has announced that it will seek voluntary early retirements for some of its employees in North America as well as job cuts in a new restructuring strategy. According to a Reuters report, the move is expected to strengthen the company’s core business and establish…

Wessanen agrees to US$997m takeover offer from a consortium of PAI

UK – The Kallø, Whole Earth, and Clipper Teas brands owner Wessanen UK has announced that it has accepted a takeover offer from a consortium of private equity firm in a US$997.83 million (885 million euros) all-cash offer deal. Wessanen will be bought by a consortium consisting of private equity firm PAI Partners and Charles…

International Grain Council projects 14% decline in SA maize production

SOUTH AFRICA - The International Grains Council, an intergovernmental organization with focus on grains, has projected a 14% decline in South Africa’s maize production to 10.7million tons during the current season. Paul Makube, a senior agricultural economist, said that the projected declined is based on the drought conditions that have interfered with planting seasons of…

Louis Dreyfus makes senior leadership changes, appoints new Grains head

NETHERLANDS - Louis Dreyfus Company has appointed Anthony Tancredi as head of its Grains Platform, effective immediately as it gears up for a new phase of growth. Tancredi succeeds Adrian Isman, joining LDC’s senior leadership team and reporting to Chief Executive Officer, Ian McIntosh. He is a US national, having worked with LDC for thirty…