Dairy Business Africa News

AFRICAN NEWS HEADLINES

Beyti expands in Egypt with new investment

EGYPT – Beyti, an Almarai subsidiary, has invested US$123 million to inaugurate two new dairy production lines with a capacity of 100,000 tons annually.?. . More

Senegal joins International Dairy Federation

SENEGAL – Senegal has officially become the first country in West Africa to join the International Dairy Federation (IDF) .?. . More

Uganda approves abolition of Dairy Development Authority

UGANDA – The Ugandan parliament has approved the government’s proposal to abolish the Dairy Development Authority (DDA), following the passing of the Dairy Industry (Amendment) Bill, 2024 .?. . More

Arla Foods to expand with offer to acquire Egypt’s Domty

EGYPT – Arla Foods has submitted a non-binding offer to acquire the majority of shares in the Arabian Food Industries Company (Domty) .?. . More

Rwanda accuses Tanzania of hindering milk exports

RWANDA – Rwanda has accused Tanzania of obstructing its milk exports despite a memorandum signed in January to ease trade barriers?.?. . More

WORLD NEWS HEADLINES

Müller secures CMA approval for acquisition of Yew Tree Dairy

UK – Müller has officially received approval from the Competition and Markets Authority (CMA) to complete its acquisition of Yew Tree Dairy, a deal initially agreed upon in June 2024 . . . More

Applied Nutrition eyes US$521.8M valuation in IPO

UK – Applied Nutrition, a UK-based sports nutrition company, has announced the pricing for its upcoming IPO, aiming for a maximum market capitalization of US$523.2 million . . . More

Synlait Milk CEO Grant Watson resigns

NEW ZEALAND – Synlait Milk CEO Grant Watson has stepped down after leading the New Zealand-based dairy and infant-formula business through a challenging 12 months . . . More

Valio plans to relocate Vantaa plant operations

FINLAND - Valio has announced plans to relocate its Vantaa plant operations to Joensuu and its Pit?j?nm?ki warehouse operations to either Riihim?ki or Tuusula .?. . More

Macphie appoints Angela Willows as new CFO

UK – Macphie Ltd, a leading supplier of dairy cream alternatives has named Angela Willows as its new Chief Financial Officer (CFO) .?. . More

PAST NEWS HEADLINES

Dairibord to expand in South African region?. . . More

Botswana launches MilkAfric dairy facility. . . More

Uganda unveils plans to expand breast milk banks?. . . More

IDF names Gilles Froment as new president?. . . More

Amul partners Costco to enter US retail market?. . . More