Food Business Africa - Midweek 29 News

AFRICAN NEWS HEADLINES

Dangote Industries to consolidate three food companies into one powerhouse

NIGERIA –?Dangote Industries Limited, the holding company?majority-owned by Africa’s wealthiest man Aliko Dangote, has planned a merger of NASCON Allied Industries Plc, the salt-making arm with two other food companies in the group.?. .?More

Unilever settles over South Africa competition case

SOUTH AFRICA –?Unilever South Africa and the South African Competition regulator commission have reached an over the alleged market division agreeing to an R16 million administrative penalty and to provide interest-free loans to qualifying black businesses?.?. .?More

Ghana legalizes cannabis cultivation for industrial, medical purposes?

GHANA –?Ghana has become the first West African country to legalize the cultivation of cannabis for medicinal and industrial purposes, although the recreational use of marijuana remains illegal.?. .?More

Angola sets up new aviary to increase egg production

ANGOLA –?Angola, responding to the demand for eggs and eggs products in the country’s local market, has set up a new aviary with a capacity to produce 21,000 eggs per day.?. .?More

Brookside lays off half its Ugandan staff due to export restrictions

UGANDA –?Ugandan- based Brookside Dairies, one of Eastern Africa’s largest dairy processing companies, has laid off half of its staff following restrictions on export opportunities to the Kenyan market?.?. .?More

GLOBAL?NEWS HEADLINES

Heineken UK invests US$25m in enhancing operations of Manchester brewery

UK?- Heineken UK, the nation’s largest pub, beer, and cider company, has announced a substantial investment of ￡25 million (US$28.05m) into its Manchester brewery after securing a generous government grant?. . .?More?

JBS subsidiary in Australia reinvests US$20m into business to strengthen operation

AUSTRALIA -??The Australian subsidiary of the Brazilian meat giant, JBS, Rivalea, has invested over US$13.7 million in its Corowa facility, as it aims to improve and strengthen its operations?.?. .?More

Market saturation pushes MGP Ingredients into closing US distillery

USA?-??MGP Ingredients, an ingredient and distillery products firm, has announced plans to close its grain-neutral spirits and industrial alcohol distillery in Atchison, Kansas in line with the company’s plan to address profitability headwinds?. . .?More

Tate & Lyle opens new Customer Innovation Center in Indonesia

INDONESIA -?UK-based producer of ingredient solutions for healthier food and beverages, Tate & Lyle PLC has opened its new Customer Innovation and Collaboration Centre in Jakarta, Indonesia as part of its growth strategy in the Asia-Pacific region?.?. .?More

Russia impounds Danone, Carlsberg operations

RUSSIA -?In a surprising turn of events, the Russian government has seized the operations of Danish multinational brewery, Carlsberg and Russian subsidiaries of yoghurt maker Danone, putting them under the government's temporary management??.?. .?More

PAST NEWS HEADLINES

BGI Ethiopia sells key asset to unlock resources to drive ambitious 5-year growth strategy?.?. .?More

Bio Foods launches new Orange Biscuit Yoghurt?.?. .?More

Puratos opens chocolate manufacturing facility in Ivory Coast??. . .?More

Delhi High Court revokes PepsiCo India’s potato variety patent?.?. .?More

Nestlé gets potential suiters for its peanut-allergy business Palforzia?. . .?More