LATEST NEWS
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Zambia’s leading grains, snacks processor Seba Foods clinches US$4m financing to boost production
ZAMBIA – Seba Foods Zambia Limited, subsidiary of Zambia-based Two Six Zero Brands Africa has received a US$4m senior loan facility from AATIF to enable…
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Huhtamaki to expand presence in flexible packaging market with US$483m acquisition of Elif
TURKEY – Finnish food packaging specialist Huhtamaki is set to expand its position in the flexible packaging market with a US$483 million acquisition of Turkish-based…
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Carlsberg’s raises full year guidance emboldened by strong recovery in beer volumes
DENMARK – Danish multinational brewing company Carlsberg has raised its full-year earnings guidance after reporting a “strong set of results” for the first half of the…
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Olam, IITA, E4D partner to support 5,000 Uganda coffee farmers improve their livelihoods
UGANDA – Olam Food Ingredients has partnered with the International Institute of Tropical Agriculture (IITA) and the GIZ Employment and Skills for Development in Africa…
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Aryzta continues business simplication with sales of Brazil Unit as Harlan Bakeries acquires AmeriQual
BRAZIL – Switzerland-based international baking company Aryzta has agreed to divest its Brazil businesses to Grupo Bimbo in its latest move to simplify its operations. “The successful sale…