LATEST NEWS
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GE Foundation supports FoodForward South Africa to offer food relief to communities impacted by COVID-19
SOUTH AFRICA – FoodForward SA, the largest food redistribution organisation in South Africa has received a US$100,000 donation from the GE Foundation, to provide immediate…
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Egyptian startup Talabeyah digitizing mom and pop stores raises US$1.1m to boost growth
EGYPT – Egypt-based startup Talabeyah, running a food and grocery B2B e-commerce and distribution platform, has raised US$1.1 million in pre-seed funding round from a…
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JBS-owned prepared foods company Swift expands portfolio with acquisition of Sunnyvalley Smoked Meats
USA — Swift Prepared Foods, a subsidiary of Brazil meat processing giant JBS, has reached an agreement to acquire Sunnyvalley Smoked Meats Inc. for US$90 million. Founded in 1990, Sunnyvalley Smoked…
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Mexico becomes the latest country to join the International Dairy Federation
BELGIUM – Mexico, the 16th largest producer of milk in the world, has joined the International Dairy Federation(IDF), bolstering the federation’s members and expanding its global reach and influence. …
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Mexican bottler and retailer FEMSA appoints Daniel Rodriguez as CEO
MEXICO – Mexican multinational beverage and retail company Fomento Económico Mexicano, S.A.B. de C.V., doing business as FEMSA has appointed Daniel Rodriguez as CEO, effective January next year. Rodriguez succeeds Eduardo Padilla, who has…