LATEST NEWS
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Allplants raises US$52m series B funds to boost capacity amid surging demand for plant based foods
UK – Allplants, a direct-to-consumer plant-based meals firm, has secured a £38m (US$52.41m) Series B funding round led by Draper Esprit to fuel its expansion and recruitment…
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Tata Coffee Q2 net profit rises 26.55% driven by value-added businesses
INDIA – Tata Coffee’s value-added business has yet again delivered top-line growth for the business, pushing quarterly profits 25.55% higher during the quarter ending September…
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Natural color supplier GNT invests US$30m in North American facility expansion
USA – Netherlands-based supplier of natural colours to the food industry GNT is investing US$30 million to expand its US-based facility for North American ingredient…
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AfDB champions for more investments in Africa’s agriculture sector to boost food security
AFRICA – The African Development Bank Group has raised a call for all African and global leaders as well as development organizations, to increase investment…
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Nigeria’s Chicken Republic brand owner boasts of 200 outlets in West Africa
NIGERIA – Food Concepts, a leading Quick Service Restaurant (QSR) operator in West Africa has opened its 200th store in the region. Established in 2001,…