May 2023
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AB InBev blames social media ‘misinformation’ for boycott against Bud Light, reports 13.2% Q1 revenue growth
BELGIUM – Belgian multinational drink and brewing company, AB InBev, has attributed the decline in the sales of beer in the US to the Bud…
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Glovo pilots Kibanda Bubble platform to link food-related SMEs to customers
KENYA – Glovo, a Spanish quick-commerce firm, is expanding its services to reach many users of different walks-off life through the Kibanda Bubble platform, which…
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Nestle scouts for new manufacturing site in India
INDIA – The maker of Maggi noodles and Nescafé coffee, Nestlé, is looking to expand its factory footprint in India, the second-largest market in Asia…
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DSM-Firmenich completes mega-merger, appoints Dimitri de Vreeze as CEO of new trading entity
NETHERLANDS – DSM and Firmenich have appointed Dimitri de Vreeze to be the new CEO of the enlarged business company, DSM-Firmenich, which was born out…
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Nigerian regulatory watchdog investigates Indomie noodles over cancer-linked concerns
NIGERIA – The National Agency for Food and Drug Administration and Control (NAFDAC) has launched an investigation into a popular brand of instant noodles over…