Food Business Africa -MidWeek 39, News

AFRICAN NEWS HEADLINES

Java House considers listing on Nairobi Stock Exchange

KENYA – Java ?House, a leading restaurant chain in East Africa,?is exploring the possibility of listing on the Nairobi Securities Exchange (NSE) as part of its future growth strategy.?. .?More

Cage aquaculture thrives in Africa despite risks, BBC reports

AFRICA – According to a recent BBC report, the fish farming industry in Africa is going through a notable evolution, and cage aquaculture is emerging as a promising new frontier?.?. .?More

Tea Board of Kenya introduces new laws to curb illegal leaf trade

KENYA? -??The Tea Board of Kenya has announced new regulations to guide green leaf buying and transportation in an effort to curb illega tea trade that has become more popular as more private factory set up in tea growing areas.?. .?More

Nigeria's forex woes threaten beer sector profitability

NIGERIA?- Forex scarcity coupled with a depreciating Naira is threatening the profitability of Nigeria's beer sector with three of the country's largest breweries reporting higher than normal finance costs due to the country's forex woes.?. .?More

Ingredion and partners launch Ready-to-Drink porridge to combat malnutrition?

KENYA - Ingredion Kenya together with a number of partners from both the public and private sector has launched a new highly nutritious?ready-to-drink porridge that aims to help combat malnutrition among school-going children in the country. . .?More

GLOBAL?NEWS HEADLINES

Danone to launch infant formula that closely resemble breast milk

CHINA – Danone is set to introduce a new infant formula in China this year, featuring milk droplets designed to closely resemble the structure found in human breast milk?.?. .?More

Unilever's regenerative agriculture persists amid adoption challenges

GLOBAL – Unilever has unveiled the 2022 results of its four regenerative agriculture projects, demonstrating progress in its commitment to sustainable agriculture and climate resilience.?. .?More

Nespresso finally launches paper-based compostable capsules

SWITZERLAND - Nespresso has launched its paper-based compostable capsules in France and Switzerland as part of efforts to offer consumers more sustainable packaging options.?. .?More

Mane, Newform Foods collaborate to create innovative hybrid meat products?

UK – Mane, has partnered Newform Foods to revolutionize the cultivated meat industry aiming to enhance the taste, texture, and affordability of cultivated meat products. . .?More

Kern Tec?to produce sustainable ingredients from stone fruit pits

AUSTRIA –Kern Tec has secured US$12.7 million in funding to support the production and commercialization of sustainable ingredients derived from upcycled stone fruit pits. . .?More

Insights from the latest issue of Food Business Africa Magazine

KWV, South Africa's leading wine and Spirit company,? receives a fresh burst of energy:?Founded on 8th January 1918, KWV has been in continuous operations for 105 years now. The company has an impressive portfolio that includes 13 wine brands and 10 spirit brands. Read the latest issue of Food Business Africa Magazine to find out more about the brand and plans that CEO John Loomes has for this Iconic African beverage company.

PAST NEWS HEADLINES

EABL to layoff employees amid declining profits.?. .?More

Danone South Africa adopts new tech to cut energy use in dairy production?.?. .?More

Del Monte seeks government protection from further loss of land. . .?More

HMOs bring infant formula closer to breast milk, Chr. Hansen study finds?.?. .?More

UAE imposes temporary ban on Pakistan meat imports by sea?. . .?More