LATEST NEWS
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B&G Foods to sell Portland manufacturing facility to cut down on costs
USA – B&G Foods, an American holding company for branded foods, has signed an agreement to sell its Portland manufacturing facility to a nonprofit that runs…
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Campbell full-year sales decline 2% as pandemic boom wanes and inflation sets in
USA – American processed food and snack company Campbell Soup has recorded a 2% decline in full-year net sales as markets return to normalcy following a…
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Red Bull reveals new taste in South Africa, beverage industry players promote sustainable operations
SOUTH AFRICA – Red Bull, world’s most famous energy drink brand has unveiled a limited edition of a new flavour offering with a special taste…
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Uganda’s pioneering organic farm AMFRI clinches US$1.5m investment from Pearl Capital managed fund
UGANDA – Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners has partnered with FCA Investments to issues €1.3 million (US$1.54…
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AfDB, partners receive support from Nigeria’s government for establishment of SPAZ, mobilizes US$520m for project
NIGERIA – Leading developmental organizations, African Development Bank Group (AfDB), the International Fund for Agricultural Development (IFAD) and the Islamic Development Bank (IsDB), are set…