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Prolonged drought in Namibia shrinks export market for beef products
NAMIBIA – Namibia’s beef export drastically declined from 26.6 million kilograms of 2019 to 8.4 million kilograms in 2020, attributed to the fact that livestock…
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Shoprite’s half year total sales rise despite alcohol sales plunging by 21.8%
SOUTH AFRICA – Africa’s largest retailer Shoprite, has indicated they are going a head with plans of exiting the Nigerian market with the sale of…
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Ghana chocolate export earnings rose by 16.6% in 2019 reaching US$13.4m
GHANA – Ghana, one of the world’s largest producer of cocoa earned US$13.4m from export of chocolate and other food preparation containing cocoa in 2019.…
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PepsiCo post 4.8% rise in full year revenue for 2020, launches custom made Mountain Dew Ice for India market
US – Leading beverage manufacturer PepsiCo has reported a 4.8% rise in net revenue in its 2020 full-year results, following a strong fourth quarter which…
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Kenya’s coffee earnings nearly double on back of improved production, prices
KENYA – Kenya’s coffee earning for the month of January 2021 reached Ksh. 5 billion, a 94% rise from the Ksh2.6 billion attained in January…