LATEST NEWS
-
Monster Beverage ventures into alcoholic beverages with acquisition of CANarchy Craft Brewery Collective
USA – Energy drinks giant Monster Beverage is entering the alcohol market with the acquisition of craft beer and hard seltzer maker, CANarchy Craft Brewery…
-
Kenya’s leading miller Rai Group expands operations with establishment of new US$44m sugar factory
KENYA – Kenyan industrial conglomerate, Rai Group, is set to commence operations at its newly built sugar production unit, Naitiri Sugar Company, by the end…
-
Olive oil use found to lower risk of cardiovascular disease and cancer mortality
USA – A study published in the Journal of the American College of Cardiology has found that replacing margarine, butter, mayonnaise and dairy fat with olive…
-
Cloud kitchen startup Curefoods raises US$62m to fund aggressive growth plans
INDIA – Curefoods Pvt Ltd, a fast-growing Indian cloud kitchen startup, has raised US$62 million from existing investors Iron Pillar, Chiratae Ventures, Sixteenth Street Capital,…
-
Simplifine eyes bullish frozen foods segment with launch of new fries processing line
KENYA – Simplifine, a newly formed food processing company in Kenya, has commissioned a new processing line that will expand its production of frozen fresh…