Food Business Africa - Mid-week 07 News

AFRICAN NEWS HEADLINES

Danone South Africa appoints new Managing Director

SOUTH AFRICA?- Danone South Africa, the country’s largest manufacturer and distributor of yoghurt, has appointed Hervé Orama Barrere as its new Managing Director?.?. .More

US$10M fish processing factory to be built in Tanzania

TANZANIA?-?The Deep-Sea Fishing Authority (DFSA) of Tanzania collaborates?with a Spain deep sea fishing company to build a TZS23.4 billion (US$10 M) fish processing factory in Tanga?. . .More

Kenyan mango farmers expand?export market?to Jordan

KENYA -??Mango Farmers in Kenya have started to export their products to Jordan, a new market that will boost exports this season, soon after the country prepares to also start exporting?to Pakistan?.?. .?More

METL to raise bottling capacity to 3 billion bottles in the next 3 years?

TANZANIA –??According to the CEO of the Mohammed Enterprises Tanzania Limited Group (METL), the company is on its way to increasing its bottling capacity from 1 billion to 3-4 billion bottles in the next 24-36 months?. . .More

Uganda Breweries expands partnership with DHL to boost supply chain abilities

UGANDA -?Uganda Breweries Limited, a subsidiary of East African Breweries Limited, has expanded its partnership with?DHL to enhance its supply chain capabilities?. . .?More

GLOBAL?NEWS HEADLINES

ADM opens world’s first production hub worth more than US$30 million

SWITZERLAND - ADM, a global leader in food, pet, and animal nutrition, has opened a production facility in Spain worth more than US$30 million, which will significantly boost its production of highly sought-after health and wellness products by five folds?. .?More

Cargill inks aquaculture pact with Saudi Arabian authorities

SAUDI ARABIA?- The Arabian Agricultural Services Company (ARASCO) together with NEOM, and Cargill have signed an agreement to see how they can work together to support the sustainable expansion of the Saudi aquaculture sector??.?. .?More

Palsgaard begins US$19.2m Dutch specialty ingredient facility expansion

NETHERLANDS?-?Palsgaard, a specialty?ingredient?manufacturer and supplier, has begun the?US$19.2 million (€18 million) expansion project at its specialist factory in the Netherlands, which will double the company’s global capacity to produce polyglycerol polyricinoleate (PGPR).?. .More

Unilever ponders exiting US$968M Russian business?

RUSSIA?- UK-based?consumer goods giant Unilever has announced its consideration to stop transacting in Russia, which may lead to it taking a loss or having to write down its assets in the country.?. .?More

Coca-Cola HBC plans price hikes, net sales rise by 28.7% in FY2022

SWITZERLAND -?Coca-Cola HBC AG, has announced plans to increase prices this year to tackle an increase in costs during its earning call, where it reported double-digit growth in the full year 2022 net sales to €9.2 billion (US$9.87bn), representing a 28.3%?.?. .?More