A $2.5 billion 5-year investment plan includes the construction of 6 factories and collaboration with the Nigerian government to promote local production JBS, one of the largest food companies in the world, signed a memorandum of understanding with the Nigerian government to invest in the development of sustainable production chains[Read More…]
Africa
Ethiopia initiates first shipment of fruits and vegetables to Europe
This shipment marks a significant milestone in developing a cool logistics corridor for exporting fruits, vegetables, and other perishable goods by sea freight through the Port of Djibouti Ethiopia has initiated its first-ever shipment of refrigerated fruits and vegetables to the European market, according to the Ministry of Agriculture. Ethio[Read More…]
Smart Food Africa initiative champions millets and pulses for healthier food systems
This initiative aims to transform the continent’s food systems by prioritising nutritious, climate-resilient crops that support both health and sustainability The Smart Food Africa initiative, led by the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), made a powerful debut in Zimbabwe at the 20th Comprehensive Africa Agriculture Development[Read More…]
Coca-Cola Beverages Africa invests in Namibia
This upgrade will increase the plant’s output capacity by 30 per cent and stimulate growth throughout the company’s value chain Coca-Cola Beverages Africa (CCBA) has invested in a new bottling line in Namibia, capable of producing 27,000 bottles per hour. This upgrade will increase the plant’s output capacity by 30[Read More…]
Hershey signs long-term agreement with cocoa cooperatives in Côte d’Ivoire
The five-year agreement builds on significant company investments in improving the well-being of cocoa farming communities Hershey announced a five-year agreement with nine cocoa-producing cooperatives in Côte d’Ivoire. The move is part of its “Cocoa For Good” strategy, a 10-year, $500 million investment by the company to address the complex challenges facing[Read More…]
Arla Foods bids for food and beverage company in Egypt
Arla Foods has a long-standing and strong presence in the Middle East and North Africa, which is the company’s largest commercial area outside of Europe Arla Foods has made a non-binding offer for the majority of the shares in the Arabian Food Industries Company (Domty), a listed company with approx.[Read More…]
Westfalia Fruit exports first shipment of South African avocados to China
This shipment follows the successful conclusion of a phytosanitary agreement between South Africa and China, signed in August 2023 Westfalia Fruit, a leading multinational supplier of avocados and fresh fruit announced its inaugural shipment of avocados from South Africa to China. This milestone marks a significant expansion of the company’s[Read More…]
UK poultry industry receives £160Mn boost as exports to South Africa resume
The development will allow UK traders to export poultry to South Africa for the first time in eight years British poultry can once again reach South African tables, after the UK secured market access estimated to bring up to £160 million to the industry over the next five years. The[Read More…]
Twellium and Sidel join forces to build packaging hub in Ghana
The Kumasi site began as a greenfield project, with Twellium constructing it entirely from the ground up Twellium Industrial Company, West Africa’s fastest-growing manufacturing company, has partnered with Sidel to develop a new ultra-modern facility in Kumasi, Ghana – a greenfield project housing two complete PET packaging lines for still[Read More…]
Varun Beverages announces $50 Mn Pepsi production facility in Congo
The Pepsi beverage facility will be developed on 15 hectares (37 acres) of land at Kiswishi City SEZ Varun Beverages, one of the largest franchisees of PepsiCo in the world, has announced a $50 million investment in a state-of-the-art Pepsi production facility in Kiswishi City, the first private Special Economic Zone[Read More…]
