LATEST NEWS
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Zimbabwean grain millers to invest US$8 million towards breakfast category in anticipation of bumper harvest
ZIMBABWE – In anticipation of a bumper grain harvest in the 2020/21 season, Zimbabwean millers are seeking to pump US$8 million towards the breakfast category.…
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Swiss bakery company Aryzta to sell North American unit for US$850m
US-Swiss food company Aryzta Group has signed an agreement to sell its North American business to an affiliate of US private equity firm Lindsay Goldberg…
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Rwandan agribusiness ventures to receive backing from FAO, JR Farms through Green Agribusiness Fund
RWANDA – The Food and Agriculture Organization of the United Nations (FAO) in Rwanda has signed an agreement with JR Farms Limited to promote youth…
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UK clean label ingredients supplier Ulrick & Short acquired by Swedish investment firm Novax
UK – Ulrick & Short, a UK clean label ingredients supplier, has been acquired by Swedish investment firm Novax, for an undisclosed sum. Ulrick &…
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COVID-19 pandemic takes big bite on Namibia Breweries earnings reporting 18% decline in half-year revenue
NAMIBIA – Namibia Breweries Limited’s (NBL), subsidiary of the Ohlthaver & List (O&L) Group has reported a 18% decline in half year revenue for the…