The acquisition will allow VBL to increase its presence in Africa and expand its operations across the continent The board of directors of Varun Beverages Ltd (VBL) has approved the acquisition of The Beverage Company (Proprietary) Limited (Bevco), South Africa along with its wholly-owned subsidiaries. Bevco manufactures and distributes non-alcoholic[Read More…]
Africa
Nestlé launches Maggi soya chunks
Maggi Soya Chunks, a tasty, affordable, plant-based meat alternative that enables consumers in Central and West Africa to add high-quality protein to their everyday food Nestlé is actively exploring the use of plant-based ingredients to bring nutritious proteins to consumers affordably and sustainably. The company recently launched Maggi Soya Chunks, a tasty, affordable,[Read More…]
Afreximbank announces $2Bn for food security initiative in Africa
The initiative is intended to help address food insecurity in Africa, which includes a nearly 20 per cent hunger rate, by reducing dependence on other regions for much-needed food commodities The African Export-Import Bank (Afreximbank) in Cairo, entered into a framework agreement for the Export Agriculture for Food Security (ExAFS)[Read More…]
WorldFish to develop South-South collaboration platform for Blue Food Revolution
Knowledge exchange between Asia and Africa is the backbone of WorldFish’s new Asia–Africa BlueTech Superhighway (AABS) project Under the newly launched WorldFish-led Asia–Africa BlueTech Superhighway (AABS) project, a pioneering South-South collaboration platform is being developed, centred around knowledge sharing and co-learning for adaptation and scaling of proven aquatic food systems technologies across countries.[Read More…]
Kerry opens manufacturing facility in Tanzania
The facility expands Kerry’s capacity in East Africa and is its first manufacturing facility in Tanzania Kerry, a world-leading provider of taste and nutrition solutions, has officially opened a new manufacturing facility in Dar es Salaam, Tanzania to support local food and beverage manufacturers. The facility expands Kerry’s capacity in East Africa and[Read More…]
WorldFish unveils fish trade potential programme in Egypt
WorldFish also welcomed a group of 50 Egyptian aquaculturists, producers, and small-scale farmers WorldFish in Abbassa Egypt hosted a visit from a delegation representing the United States Soybean Export Council (USSEC) board. The visit coincided with the inauguration of the 100th Soy Excellence Centre (SEC) training program with a groundbreaking in-person training[Read More…]
olam food ingredients adds manufacturing capacity across Middle East and Africa
Through commissioning a new milk powder dryer and gravity flow production system, ofi remains laser-focused on servicing customers across the Middle East and Africa olam food ingredients (ofi), a global leader in naturally good food and beverage ingredients, has increased its ingredient manufacturing footprint by adding significant capacity to its[Read More…]
IFC and OCP launch an agri-finance platform for sustainable food systems
The new platform will build and support sustainable food production and distribution systems in Africa IFC and OCP Group, the world’s largest phosphate-based fertiliser producer launched an agri-finance platform to mobilise $800 million of blended capital by 2030. The new platform will build and support sustainable food production and distribution[Read More…]
