Sugar & Confectionery
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US$33.5M sugar factory to be constructed in Kenya
KENYA – Angata Sugar Mills Limited (ASML), a sugar manufacturing company in Kenya, seeks to construct a KES4.36 billion (US$33.5M) factory in Transmara, Narok county.…
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Puratos venture fund acquires minority stake in Fooditive Group
Netherlands – Sparkalis, the Belgium-based corporate venture arm of Puratos, has acquired a minority stake in the Netherlands’ Fooditive Group. Fooditive is focused on creating…
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African sugar giant Tongaat Hulett evaluates impact of floods on Mozambique business
MOZAMBIQUE – Tongaat Hulett, a JSE-listed sugar processing company headquartered in South Africa is assessing the impact of the recent rains and flood damages on…
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Hershey expands popular chocolate brand Reese’s Peanut Butter Cups to accommodate veganism
US – Sweets and snacking giant Hershey has debuted two plant-based chocolate bars to the market, marking a permanent entry into the ever-growing global vegan…
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Mondelez redesigns Toblerone chocolate brand logo from Alps to generic mountain
SWITZERLAND -American multinational confectionery giant, Mondelez, has revamped its Toblerone chocolate brand, the chocolate bar known for its distinctive triangular peaks, after falling afoul of…