The loan is financed by IFC along with the Private Sector Window of GAFSP, the Global Agriculture Food and Security Program Nimai, a leading corporate finance and transaction advisory firm, has successfully facilitated a complex transaction between the International Finance Corporation (IFC) and Kadat Food and Beverages (SL) Limited. This[Read More…]
Africa
Egypt to import livestock from Somalia, Djibouti
This move is part of ongoing efforts to enhance food security in Egypt and ensure the availability of high-quality, reasonably priced meat through strengthened cooperation with friendly African countries Egypt plans to import a large number of live sheep and goats from Somalia and Djibouti for immediate slaughter, according to[Read More…]
Famine conditions in parts of Sudan
FAO urges at-scale life-saving assistance to boost local food production In response to alarming new findings confirming famine conditions in parts of Darfur, the Food and Agriculture Organization of the United Nations (FAO) is urging an immediate cessation of hostilities, rapid scale-up of life-saving food, nutrition and cash assistance as well as[Read More…]
PepsiCo South Africa to sell Marmite, Bovril and Savoury Food Ingredients business
The proposed acquisition demonstrates Lallemand’s ongoing commitment to the Southern African region Lallemand Inc (through its South African affiliate, Rymco Pty Ltd, trading as Anchor Yeast) has agreed to buy the Marmite and Bovril black spreads and Savoury Food Ingredients business unit from PepsiCo South Africa. The transaction is expected[Read More…]
FAO and EU sign 47 million euro programme to enhance food security in Eastern Africa
The programme is expected to directly benefit more than 100,000 households across Ethiopia, Kenya, Somalia, South Sudan, Sudan, Tanzania, and Uganda The Food and Agriculture Organization of the United Nations (FAO) and the European Union (EU) have signed a four-year 47 million euro programme designed to strengthen the resilience of[Read More…]
MSU, CANR partner with African Food Security
This collaboration will bring a major aspect to our development of a world-class project on the African continent via skills transfer Michigan State University (MSU) College of Agriculture and Natural Resources (CANR) has signed a letter of intent (LoI) to discuss and explore collaborative opportunities with African Food Security (AFS), an[Read More…]
Bühler opens grains application centre in Nigeria
Bühler is opening a dedicated Application & Training Centre with research and development capabilities in Kano, Nigeria, together with its founding partner, Flour Mills of Nigeria (FMN), and its collaborating partners, such as Olam Agri Bühler, in collaboration with Flour Mills of Nigeria Plc, has opened a grains application centre[Read More…]
Ethiopian food products soar in Chinese market through CIIE
This rapid growth has been significantly boosted by platforms such as the China International Import Expo and cross-border e-commerce Ethiopian coffee has been rapidly gaining traction in the Chinese market in recent years, with sales growing at a staggering rate of 27 per cent annually. This rapid growth has been[Read More…]
ALPLA Group partners with Re-Purpose for sustainable packaging in Africa
ALPLA is investing 60 million euros in the construction of a state-of-the-art recycling plant in Ballito in the South African province of KwaZulu-Natal The ALPLA Group and Re-Purpose have announced a strategic partnership that will advance sustainable packaging solutions and strengthen the feedstock value chain of ALPLA’s very first PET[Read More…]
Coca-Cola Company announces investment in Kenya
This investment aims to accelerate the Coca-Cola system’s capacity and capability expansion over the next five years The Coca-Cola system, consisting of The Coca-Cola Company and its authorised bottler Coca-Cola Beverages Africa, has announced its intention to grow its investment in Kenya by up to $175 million over the next[Read More…]
