LATEST NEWS
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Saputo president Kai Bockmann steps down, Kraft Heinz gets new chief strategy officer
NORTH AMERICA — Canadian dairy giant Saputo Inc., has announced the resignation of president and chief operating officer Kai Bockmann, effective immediately. Bockmann will be leaving the…
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DSM integrates nutrition businesses to better address evolving market needs
NETHERLANDS — Global health, nutrition, and bioscience company Royal DSM has unified its food Specialties, Hydrocolloids and part of its Nutritional Products group into a new integrated…
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Indian foodtech unicorn Zomato shuts down South African operations
SOUTH AFRICA – Indian food delivery startup Zomato has completed the processes of deregistering its South Africa subsidiary. According to a filing with the Bombay…
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Egyptian online grocery startup Tawfeer Market raises funding to stir early growth
EGYPT – Egyptian online grocery retail startup Tawfeer Market has raised US$500K in a seed round which recorded participation of Alexandria Business Angels Networks. Launched…
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African Distillers Limited builds US$1m cider fermentation plant in Zimbabwe to boost production
ZIMBABWE – African Distillers Limited (Afdis), manufacture, distributor and marketer of branded wines, ciders and spirits in Zimbabwe is nearing completion of its new US$1m…