LATEST NEWS
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Carolina Precision Foods invests US$10M to construct Florence County poultry plant
US – Carolina Precision Foods, a joint venture of Carolina Fresh Foods and owners of Lake Foods, has announced an investment of US$10 million to…
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For Aisha Baby Foods makes new executive appointments to help grow the brand internationally
UK – Nottinghamshire halal baby food manufacturer, For Aisha Baby Foods, has announced new appointments of three executive directors to help the brand grow internationally.…
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Nestle offloads Chameleon Organic Coffee brand to sharpen focus on leading brands
US-Swiss multinational food and drink company, Nestlé, has divested the Chameleon Organic Coffee brand to an impact-focused food and beverage brand platform, Systm Foods, for…
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Egyptian e-grocery marketplace ON Market raises pre-seed funding for expansion
EGYPT – Egyptian e-grocery marketplace ON Market has raised US$215,000 in pre-seed funding to further expand its operations in Cairo, Alexandria, Tanta, Mansoura, and multiple…
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Kenya to increase imported sugar volumes following decline in production, rise in consumption
KENYA – Sugar production in Kenya is forecast to decrease by 4 percent in MY 2022/23 to 660,000 MT due to lower sugarcane yields caused…