AFRICAN & MIDDLE EAST NEWS
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Budding Zimbabwean food processor launches new Rolled Oats
ZIMBABWE – Glytime Foods, a Zimbabwean healthy foods manufacturing, marketing and distribution company has launched its new Rolled Oats. The new offering coming in a…
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IFC, FMO to back Tunisian olive oil producer CHO Company with US$14m financing
TUNISIA – One of Tunisia’s largest olive oil producers, CHO Company is eyeing €12 million (US$14.4m) long-term financing facility from the International Finance Corporation (IFC)and…
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Twiga Foods elevates Peter Njonjo to Group CEO, appoints East Africa CEO in readiness for regional expansion
KENYA – Twiga Foods, Kenyan-based technology food distribution platform, has announced the elevation of its Co-founder and CEO Peter Njonjo to the position of Group…
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BUA Group pumps in US$300m in new integrated sugar company to be completed Q1 2021
NIGERIA – In line with Nigeria’s National Sugar Master Plan (NSMP), BUA Group, a leading food and infrastructure conglomerate has invested over US$ 300 million…
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Nestlé steps up efforts in combating plastic watse, becomes first FMCG to join Polyco in South Africa
SOUTH AFRICA – Nestlé East and Southern Africa Region has joined the Polyolefin Responsibility Organisation (Polyco), a not-for-profit industry body focusing on reducing the amount…