LATEST NEWS
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Saudi Arabian consumer goods giant Savola to purchase UAE-based snack maker Bayara for US$260m
UAE – Savola Group, a Saudi Arabia- based consumer goods company, has agreed to acquire Bayara, a manufacturer of nuts, dried fruits and spices as part…
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South African food manufacturers Tiger Brands, Unilever suspend advertising amid unrest
SOUTH AFRICA – Tiger Brands, South Africa’s biggest food manufacturer, has halt its advertising campaigns amid widespread unrest in KwaZulu-Natal and Gauteng. “Out of respect…
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Malawian dairy farmers to benefit from launch of first milk powder processing firm in the country
MALAWI – Mach Milk Company, a Malawian dairy processing company is set to soon commence operations in the country’s second largest city, Blantyre. The newly…
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Delivery startup Glovo expands reach in Kenya by entering two new towns
KENYA – Glovo, on-demand delivery start-up, has expanded its footprints in Kenya, launching its services in Thika and Kiambu towns. The urban centres join the…
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HelloFresh to acquire ready meals firm Youfoodz to strengthen its Australian brand portfolio
AUSTRALIA – German-based meal kit company HelloFresh has agreed to acquire Australian ready-to-eat meal manufacturer Youfoodz to enhance its Australian brand portfolio and product offering. FoodBev reported…