Davis Commodities evaluates $1Bn ESG-tokenised yield corridor to link Asia, Africa and Latin America

This corridor concept seeks to digitally align Asia–Africa–Latin America trade routes, bridging capital demand with verified supply chains through programmable finance rails Davis Commodities Limited announced that it is evaluating the creation of an inter-regional, ESG-tokenised yield corri...

Coca‑Cola Company and Gutsche Family Investments agree to sell controlling interest in Coca‑Cola Beverages Africa

CCBA is the largest Coca-Cola bottler in Africa The Coca‑Cola Company and Gutsche Family Investments have agreed to sell a 75 per cent controlling interest in Coca‑Cola Beverages Africa Pty. Ltd. to Coca‑Cola HBC AG, the companies announced. CCBA is the largest Coca-Cola bottler in Afri...

South Africa’s Premier Group to acquire RFG Holdings

RFG’s diversified and well-balanced portfolio is a complementary addition to Premier’s product offering JSE-listed consumer packaged goods company Premier Group (Premier) has announced plans to acquire food producer RFG Holdings through a share swap that will see RFG shareholders collectivel...

ILRI and Kenya Dairy Board sign agreement to transform dairy sector

Kenya has great potential, with opportunities for improvement in the areas of animal health, genetics, and milk safety The International Livestock Research Institute (ILRI) and the Kenya Dairy Board (KDB) have signed a five-year memorandum of understanding to strengthen their existing collaborat...

EU, Germany and Nigeria launch €18.3Mn project to boost agriculture and food security

The four-year programme, known as the EU-VACE TARED Project, will be implemented across seven Nigerian states and focus on four priority crops: dairy, cocoa, tomato, and ginger The European Union (EU), Germany, and Nigeria have jointly launched a €18.3 million agricultural initiative aimed at ...

Autour du Cacao: Inside Mboukem’s mission to rewire Cocoa’s future

Willy Gabriel Mboukem, President of La Green Factory Africa’s cocoa paradox is as old as the industry itself. The continent produces more than 70 per cent of the world’s cocoa, yet captures only a fraction of the $130-billion value chain. While Europe and North America dominate processing, b...

Coca-Cola announces Luis Felipe Avellar as president of Africa unit

Avellar currently serves as president of the company’s Mexico operations, which are part of the Latin America operating unit The Coca-Cola Company announced that Luis Felipe Avellar will become president of the Africa operating unit effective Sept. 1. Avellar currently serves as president o...

Baladna, Algerian Government and GEA partner to build milk powder facility

GEA has been mandated to provide a full suite of solutions, including dairy farming and milk processing equipment, process design, and engineering services In a landmark agreement, Baladna Q.P.S.C., one of Qatar’s leading dairy and food producers, has partnered with the Algerian Government and...

Hunger declines globally, rises in Africa and western Asia: UN report

It is projected that 512 million people could be chronically undernourished by 2030 An estimated 8.2 per cent of the global population, or about 673 million people, experienced hunger in 2024, down from 8.5 per cent in 2023 and 8.7 per cent in 2022. However, progress was not consistent across th...

Diageo completes sale of shareholding in Guinness Ghana Breweries

Diageo has retained ownership of the Guinness brand and other Diageo brands currently produced by Guinness Ghana Diageo announces the completion of the sale of its 80.4 per cent shareholding in Guinness Ghana Breweries plc to Castel Group. The sale was initially announced on 28th January 20...

Nestlé appoints Salome Azevedo as MD of Nestlé Ghana

Salome Azevedo will oversee Nestlé’s operations in Ghana, Liberia, and Sierra Leone under the Central and West Africa Region of the Company Salomé Azevedo, Business Executive Officer, Dairy, Beverages, and Confectionery, Nestlé Central and West Africa Region, has been appointed as the Manag...

Kerry’s East Africa CEO Forum unites 100 F&B leaders to reshape industry’s future

As Africa rapidly emerges as a hotspot for food and beverage innovation, the forum brought CEOs, policymakers, academics, and entrepreneurs together to discuss opportunities and challenges shaping the sector In a contribution towards transforming East Africa’s food and beverage landscape, ...

Nigeria releases first biofortified hybrid pearl millet varieties

These high-yielding, nutrient-rich hybrids, enhanced with iron and zinc, offer a powerful solution to tackle malnutrition and boost food security in the country’s arid and semi-arid regions In a major stride toward improving nutrition and climate resilience, Nigeria has officially released its...

Bühler GPIC launches courses focused on grain processing in Nigeria

Bühler Group established the GPIC as an R&D centre dedicated to uncovering the hidden potential of local grains in Nigeria and Africa The Bühler Grain Processing Innovation Centre (GPIC) announced the launch of its new beginner-friendly and advanced courses aimed at individuals and compani...

HEINEKEN appoints Guillaume Duverdier Regional President Africa and Middle East

Guillaume, currently Managing Director of HEINEKEN México, will succeed Roland Pirmez Heineken N.V. (HEINEKEN) announces that it has appointed Guillaume Duverdier as Regional President for Africa Middle East (AME) and member of the HEINEKEN Executive Team, as of 1 July 2025. Guillaume, currentl...

WorldFish and Zambia partner to advance climate-resilient aquatic food systems

The five-year agreement strengthens cooperation between Zambia and WorldFish in research, innovation, and policy development to enhance food and nutrition security The Government of the Republic of Zambia, through the Ministry of Green Economy and Environment (MGEE), today signed a landmark Memo...

Kerry opens first taste manufacturing facility in Rwanda

Kerry is investing €1 billion in emerging markets to boost growth and sustainability in the global food industry Kerry, a world leader in taste and nutrition, is expanding its footprint in East Africa with the opening of a taste manufacturing facility in Rwanda to support local food and bevera...

Koa partners with Altinmarka and Kahve Dünyası to bring Cacaonly  

With production facilities in Europe and Turkey, Cacaonly chocolate is available as a couverture for global industry chocolate makers One of the world’s largest cocoa and chocolate manufacturers, Altinmarka, has launched a food & beverage product line made from upcycled cocoa fruit. The ne...

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