Confectionery and coffee led category growth, with organic increases of 8.9 per cent and 5.1 per cent respectively, driven largely by pricing actions taken to counter input cost inflation Nestlé announced its financial results for the first quarter of 2025, reporting organic sales growth of 2.8 per cent, underpinned by[Read More…]
Tag: Africa
Nestlé appoints Jeff Hamilton as CEO Zone Americas
Jeff Hamilton was previously President and CEO of Nestlé Canada, President of Nestlé’s Foods Division in the U.S., and Vice President of Marketing at Nestlé Purina Asia, Oceania and Africa Nestlé’s Board of Directors has appointed Jeff Hamilton, currently Business Head of Purina PetCare Zone Europe, as Chief Executive Officer Zone Americas (AMS)[Read More…]
Turning waste into opportunity inside Egypt’s groundbreaking beverage carton recycling collaboration
Nicola Wagstyl, the Regional Sustainability Expert for India, the Middle East, and Africa at SIG In a groundbreaking initiative for sustainability in Egypt, SIG, Plastic Bank, Carta Misr, and TileGreen have teamed up to create the country’s first comprehensive recycling system for used beverage cartons. This collaboration is driven by[Read More…]
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 companies in Nigeria and across Africa looking[Read More…]
Bold investments needed to address challenging nutritional burden in Africa
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…]
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…]
