November 21, 2023 | Company News

Zespri unveils ZAG, innovation funding initiative for sustainable future

The $2 million annual fund will propel initiatives to help shape a thriving world through the goodness of kiwifruit Zespri, the world’s largest kiwifruit marketer with over $2.5 billion in revenue announced the establishment…

November 15, 2023 | Africa

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…

November 7, 2023 | China

Yili reports record high revenue $13.32 billion during three quarters

These record-high figures indicate a continuous improvement in Yili’s core business capabilities China’s Yili Group released its financial results for the first three-quarters of FY2023. During the reporting period, the company’s revenue…

November 7, 2023 | Company News

Saudi-based Tanmiah Food Company’s revenue up by 21% in 9 months

Strategic partnership with MHP SE, with investments surpassing SAR 200 million, and MoU with Vibra Agroindustrial S.A., targeted towards enhancing food security in the country Saudi Arabia-based Tanmiah Food Company,…

November 3, 2023 | Company News

Britannia registers strong profit growth in Q2’24

The sales growth over last year is 1 per cent, the 24-month growth is 23 per cent. Britannia’s Operating Profit stood at Rs 801 Crs, growing 21 per cent over…

November 2, 2023 | Beverages

TCPL earns Rs359 crore net revenue in Q2, revenue up by 11%

Starbucks, the globally renowned beverage brand owned by Tata, reported a robust revenue growth of 14 per cent for the quarter Tata Consumer Products Ltd. (TCPL) recorded a net profit…

October 13, 2023 | Australia

Breakthrough Victoria to invest in Australia’s Eden Brew animal-free dairy

Breakthrough Victoria’s investment is part of a $24.4 million Series A investment round, which includes Main Sequence Ventures, Orkla, Digitalis Ventures, Possible Ventures and Radar Ventures Breakthrough Victoria will invest…

October 11, 2023 | Africa

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…

October 10, 2023 | Company News

Wanda Fish raises $7M in seed funding for pilot production of cultivated bluefin tuna

Netherlands-based aquaculture investment fund Aqua-Spark led the round, joined by additional investors The Kitchen Hub, Peregrine Ventures, PICO Venture Partners, MOREVC, and CPT Capital Israel-based FoodTech start-up Wanda Fish Technologies, Ltd.,…

August 29, 2023 | Beverages

Aboitiz Equity Ventures to acquire Coca-Cola Philippines

The proposed deal will strengthen CCEP’s global presence as the largest Coca-Cola bottler in terms of revenue and volume, following its recent expansion into Australia, Pacific & Indonesia Coca-Cola Europacific…