LATEST NEWS
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Unilever, Farm to Market Alliance partner to promote consumption of diversified local foods
KENYA – Farm to Market Alliance and Unilever are joining forces to find ways for African consumers to access affordable, locally made, food brands like…
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Leading food industry players Coca-Cola, Heineken, UBL support vaccination efforts in Africa
UGANDA – In an effort to provide a boost to government’s vaccination efforts, Uganda Breweries Limited, Coca-Cola Beverages Africa in Uganda, and the Private Sector…
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Indian QSR operator Jubilant Foodworks acquires minority stake in nutrition company Wellversed
INDIA – Jubilant Foodworks Ltd (JFL), a leading Indian quick service restaurants operator has acquired 25 per cent stake in Gurugram-based nutrition company Wellversed Health. Wellversed Health offers a variety…
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Premium dried fruit snacks company ReelFruit secures US$3m funding to expand production
NIGERIA – Nigeria’s leading dried fruit snack brand, ReelFruit, has raised a Series A investment of US$3 million to expand its production fivefold, increase its…
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McDonald’s to cut use of virgin plastic in toys, announces share buyback program as business recovers
USA – McDonald’s Happy Meal toys will be made from recycled or plant-based plastics in an effort to cut its use of virgin fossil fuel-based…