FAO Director-General addresses High-Level Side Event at African Union Summit in Addis Ababa hosted by the King of Lesotho The Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, told African leaders gathered in Addis Ababa that “bold investments” are needed to achieve our collective[Read More…]
Tag: Africa
Diageo plc sells 80% shareholding in Guinness Ghana Breweries
Castel Group has significant and extensive expertise across West and Central Africa and is a partner to Diageo in 11 other markets in Africa Diageo plc, announced the sale of its 80.4 per cent shareholding in Guinness Ghana Breweries plc to Castel Group, building on its relationship with Castel as[Read More…]
West and Central Africa faces deepening food crisis
This number is set to rise to 52.7 million by mid-2025, including 3.4 million people facing emergency levels of hunger Over 40 million people across West and Central Africa struggle to feed themselves during the 2024 post-harvest season. This number is set to rise to 52.7 million by mid-2025, including[Read More…]
Pachamama Coffee partners with UC Davis
This collaboration unites Pachamama’s gold standard for sustainability in coffee with UC Davis’ renowned leadership in sustainability and farm-to-fork initiatives Pachamama Coffee, a globally recognised farmer-owned coffee company, announces a partnership with UC Davis to serve its premium organic coffee at two ASUCD-run Coffee Houses (CoHos) on the university campus in[Read More…]
Nimai facilitates impact financing for Kadat Food in Sierra Leone
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…]
Red Sea crisis disrupts global supply chains: Vincent Clerc
Maersk CEO Clerc acknowledged the complexity of the situation for carriers and businesses reliant on cargo transport Vincent Clerc, the CEO of Maersk, explained that the upcoming months will pose challenges for both carriers and businesses due to the ongoing situation in the Red Sea, which is expected to continue[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…]
New compendium identifies 100 promising forgotten foods for Africa
FAO and FARA, a continental research forum, launched a publication on underutilised crops that have the potential to provide dietary nutrients to various African communities Africa is paradoxically reliant on imported food and home to a disproportionate share of the world’s hungry while at the same time boasting the potential[Read More…]
Vietnam’s pepper exports drop in first two months of 2024
The increase in export prices has led to a continuous rise in domestic pepper prices The Ministry of Agriculture and Rural Development reported that Vietnam exported 35,000 tonnes of pepper worth $143 million during the period under consideration. This represents a decrease of 12.3 per cent in quantity but a[Read More…]
