LATEST NEWS
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Parle Agro shakes up India’s dairy market with launch of flavoured milk items under ‘Smoodh’ brand
INDIA – Parle Agro, a homegrown beverages firm, has made a foray into India’s dairy segment with the launch of flavored milk products under the ‘Smoodh’ brand. The flavored milk…
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CCBA promotes former Coca-Cola Kwanza CEO Andrew Musingo to be its Chief Integration Officer
SOUTH AFRICA – The Coca-Cola Beverages Africa has appointed Andrew Musingo as the new Chief Integration Officer, effective 01 August 2021. Andrew has been promoted…
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Upcycling ingredients maker Comet Bio raises US$22m to expand manufacturing capabilities
UK – Comet Bio, a UK-based upcycled food ingredients maker, has raised US$22 million in a Series C funding round led by Effingham-based private equity management…
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Kenya’s county government mitigates post-harvest losses with launch of fruit processing plant
KENYA – Kitui County in Eastern Kenya has kick-started operations at the newly build Ksh. 20 million (US$185,000) fruit processing plant located at the Kitui…
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Conagra Brands lowers full year profit expectations amid rising inflation in the US
US – Conagra Brands, a US-based packaged foods company, is feeling the pinch of the recent inflation levels in the US and has warned that higher raw material and ingredient…