Sugar & Confectionery
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Illovo Sugar Malawi registers marginal rise in revenue to US$93.26m on back of improved domestic sales
MALAWI – Illovo Sugar Malawi, the Malawian subsidiary of pan-African sugarcane grower and sugar producer, Illovo Sugar Africa, has reported a rise in Net profit…
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Kenya’s private sector initiates revival plan for sugar industry to boost economy
KENYA – Kenya’s private sector has joined the pursuit of reviving the country’s ailing sugar industry, which faces a myriad of challenges, yet exhibits immense…
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Hershey poised to expand offering with acquisition of better-for-you confectionery brand Lily’s
US – The Hershey Company, one of the largest chocolate manufacturers in the world, has entered into a definitive agreement to acquire Lily’s, a high-growth,…
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Illovo sugar doubles sugar production in Tanzania, commences US$238.5m expansion project
TANZANIA – Illovo Sugar Africa, a Pan-African consumer centric agri-business with roots in growing and making sugar and related products, has announced the commencement of…
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PepsiCo’s snack division Frito-Lay to invest US$245m in expansion of US manufacturing site
US – PepsiCo’s snack division Frito-Lay, has announced plan to invest US$245 million to expand its snack manufacturing site in Connecticut, US. The Frito-Lay’s Killingly…