County governments in Kenya invest in cash crop production and trade

KENYA – Kericho County Government is planning to set up a tea factory in the coming financial year, a project that will cost KSh150 million (US$1.5m) in Kenyan’s western region. Alongside the factory project, the […]

AriZona Beverages joins forces with Dixie Brands for cannabis infused line

USA – Arizona Beverages, producers makes Arizona Iced Tea, has partnered with cannabis company Dixie Brands to produce marijuana-infused products containing tetrahydrocannabinol (THC). Arizona Beverages signed a three-year licensing agreement with Dixie Brands that will […]

Kenyan tea processor Ketepa eyes Nigeria, South Africa markets to boost sales

KENYA – Kenya Tea Packers (Ketepa) is seeking to expand its market across the continent as it as looks to grow sales of ready-to-drink tea varieties, with focus markets including South Africa and Nigeria. The […]

Kenya’s Kaimosi Tea Estates to invest in solar plant to boost efficiencies

KENYA – Kaimosi Tea Estates, a Kenyan based tea producer, is eyeing production of its own power through investing in solar energy as it moves to boost efficiencies. The company has applied for a licence […]

Private capital fund 1K1V invests in Lesotho-based healthy food company

LESOTHO – One Thousand & One Voices® (1K1V), a South African capital fund, has announced its growth capital investment in The Rosehip Company, an export-focused healthy food company based in the Kingdom of Lesotho.  The […]

Zimbabwe’s Meikles posts solid performance as revenues grow 50.8%

ZIMBABWE – Meikles Limited, operators of TM Pick n Pay retail outlets in Zimbabwe, reported posted financial positives across all segments for the year ended March 31, 2019 as revenues grew 50.8% to US$791.6 million […]

Global breakfast drinks market to reach US$83.83b by 2026

USA – Global breakfast drinks market including gluten-free, starch, lactose-free, high fibre and high protein is expected to reach US$83.83 billion by 2026, growing at a CAGR of around 4.9%, according to a new report […]

ITC establishes marketing center to enhance consumer digital engagements

INDIA – India’s fast-moving consumer goods company, ITC Limited has unveiled a new marketing command centre as part of the new marketing initiative to drive consumer engagement on digital platforms. The centre will work to […]

Kenya’s Williamson Tea mulls investing in power project to boost efficiency

KENYA – Williamson Tea Plc has said that it is considering to invest in an energy generation project in a bid to boost efficiency of its tea processing divisions. Williamson says that frequent outages on […]

PepsiCo teams up with Lavazza to launch ready-to-drink iced coffee

UK – PepsiCo has formed a strategic partnership with coffee products manufacturer, Lavazza to launch ready-to-drink iced coffee in the UK. The collaboration will rollout Lavazza Iced Cappuccino this summer in a slimline can and […]