Beverages
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Coca-Cola partners Greycroft to create US$137M sustainability-focused venture capital fund
GLOBAL – Coca-Cola, a multinational soft drink manufacturer, and its eight bottling partners from around the world have formed a Sustainability-Focused venture capital fund in…
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Kenya National Assembly nullifies majority shareholding of farmers in privatized sugar mills
KENYA – Private investors in the Kenyan sugar sector are breathing a sigh of relief after the National Assembly Agriculture Committee rejected the proposal to…
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Uganda Breweries Limited appoints new members to its board
UGANDA – Uganda Breweries Limited (UBL), a subsidiary of East Africa’s alcohol beverage giant, East African Breweries Limited (EABL), has announced the retirement of Mr.…
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Stoli Group promotes CFO Chris Caldwell to be global CEO
USA – Leading ultra-premium spirits and wines company, Stoli Group, has made significant leadership changes in its business, appointing CFO Chris Caldwell to replace Damian…
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Angolan company PiedadeBaptistas spearheads country’s coffee industry revival
ANGOLA – PiedadeBaptistas, a prominent Angolan company, is set to rejuvenate the country’s coffee industry with its ambitious plans for a new state-of-the-art coffee processing…