LATEST NEWS
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Beef processing giant Marfrig increases stake in Brazilian peer BRF to 31.66%
BRAZIL – Marfrig Global Foods, the world’s second-largest producer of beef after JBS, has increased its stake in BRF to 31.66% in an effort to…
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Barilla launches global food startups accelerator as Uncle Nearest invests in minority-owned spirit brands
ITALY — World’s largest pasta producer Barilla through its venture group BLU1877 has partnered with KitchenTown, a San Francisco-based incubator launch the fourth Good Food…
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Kenyan industrial conglomerate Devki Group drops out of Mumias Sugar leasing plan, dampening miller’s revival plan
KENYA – Devki Group of Companies, industrial manufacturing giant in Kenya, has withdrawn its bid to lease the troubled Mumias Sugar Company. The Founder and…
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Uganda Breweries Limited appoints three new Non-Executive Directors to its board
UGANDA – Uganda Breweries Limited (UBL), subsidiary of the East African Breweries Limited (EABL) has announced the appointment of Jane Karuku, the recently named Group…
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Processor of Kenya’s premium tea brand Kericho Gold gets backing from European financiers Si, IFU, Proparco
KENYA – Global Tea & Commodities, one of the fastest growing and fully integrated tea, coffee and macadamia producing companies with operations in Kenya and…