M&As, Funding & Investments
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Switzerland’s first 100% organic cocoa processing plant opens doors amid surging demand for stricter labels
SWITZERLAND – Swiss supplier of organic food raw materials and organic chocolate, Pronatec, has bolstered its share of the global organic cocoa market size that…
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Uganda to invest in three coffee pillars to become US$1.5bn exporter by 2025
UGANDA – During the recently concluded National Coffee Dialogue on developing Uganda’s coffee value chain, the country’s Prime Minister Robinah Nabbanja avowed that the Ugandan…
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After surviving Covid, Africa’s beverage industry gets back on the investment track
A thirst for growth in a post-pandemic era sends Africa’s beverage industry into an investment spree, expanding production capabilities while staying true to sustainability Historically,…
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Campbell Soup invests US$50m in consolidating snacking operations and expanding team
US – Campbell Soup, an American processed food, and snack company, has planned to invest US$50 million and add 330 workers at its New Jersey…
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Nigerian beverage maker Rite Foods mulls expansion into rest of Africa
NIGERIA – Rite Foods Limited, a Food and Beverage company in Nigeria, has avowed plans to expand its products beyond the nation’s shores to other…