Financials & Economy
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Nestlé discovers climate resilient coffee varieties, records 15% jump in Q1 profits in India
SWITZERLAND – Swiss food manufacturing company, Nestle has developed a new generation of climate resilient coffee varieties that deliver up to 50% higher yields per…
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PepsiCo reports strong Q1 performance as Deliveroo’s orders more than double
US – US beverage and snack company PepsiCo has reported strong Q1 results with organic net revenues jumping 2.4% and first-quarter net revenues jumping 6.8%…
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Olam’s 2020 annual report, a reflection of a company committed to sustainable growth
SINGAPORE – Global food and agri-business company Olam International has released its 2020 Annual Report, highlighting its key achievements for the year with a particular…
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Cadbury Nigeria reports 10% decline in full year revenue while Unilever Nigeria registers 2% top-line growth
NIGERIA – Cadbury Nigeria, subsidiary of snack and confectionery firm Mondelez International has reported a 10% decline in full year revenue for the period ended…
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Innscor Africa reports 45% growth in half year revenue boosted by improved performance across most categories
ZIMBABWE – Innscor Africa Limited, an expansive manufacturing and retail conglomerate in Zimbabwe, has reported 45% growth in half year revenue for the six months…