Food Business Africa News

AFRICAN NEWS HEADLINES

Kenya Breweries in US$82.27M tax dispute with KRA

KENYA – Kenya Breweries Limited (KBL), a subsidiary of East African Breweries Limited (EABL), is currently facing a tax dispute totaling KES 12.037 billion (US$82.27M) with the Kenya Revenue Authority, as per documents disclosed at the Senate House of Kenya's parliament. . .?More

Pernod Ricard appoints new Managing Director for Africa

SOUTH AFRICA – ?Pernod Ricard, renowned for its iconic brands such as Jameson Whiskey and Absolut Vodka, has announced?the appointment of Sola Oke as the new Managing Director for Africa, effective?March 2024. . .?More

Cameroonian cocoa prices hit new record high amid shortage

CAMEROON –Cocoa producer prices in Cameroon have skyrocketed to an unprecedented CFA 4,225 (US$7.04) per kilogram, setting a new record both nationally and globally. . .?More

Clover issues recall for Go Nuts peanut butter over aflatoxin concerns

SOUTH AFRICA –Clover, a South African food and beverage company, ?is recalling 10,776 units of its Go Nuts Peanut Butter 400 g, citing concerns over elevated levels of aflatoxin. . .?More

Chi Farms extends poultry production partnership with Aviagen

NIGERIA– ?Nigerian poultry company Chi Farms Limited has inked a five-year deal with American poultry breeding company Aviagen for the exclusive supply of Arbour Acre Grand-Parent Stock, as well as the distribution of Parent Stock.?. .?More

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GLOBAL?NEWS HEADLINES

Novel Foods Group invests US$500M in UAE

UAE – Abu Dhabi-based Novel Foods Group has inked an?agreement with?Glatt Group, BioEngineering AG,? and CB Consultancy AG?to construct a US$500 million biotech production hub in the UAE, focusing on precision fermentation?. . .?More

GEA unveils technology for real-time product monitoring

GERMANY – GEA has introduced NiSoMate, an innovative sensor-based technology designed for real-time product control during the homogenisation process.?. .?More

Constellation Brands names Sam Glaetzer President of Wine & Spirits Division?

US – Constellation Brands has announced the appointment of Sam Glaetzer as its new Executive Vice President and President of the Wine & Spirits Division, effective March 11, 2024, to succeed?Robert Hanson?. . .?More

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Nestlé achieves 13.5% reduction in greenhouse gas emission ??

SWITZERLAND – Nestlé has achieved a remarkable net reduction of 13.5 percent in its greenhouse gas (GHG) emissions in 2023 compared to its 2018 baseline, demonstrating its commitment to environmental sustainability?.?. .?More

USDA finalizes labelling reforms on meat, poultry, and eggs

USA – The US Department of Agriculture (USDA) has finalized the amendments of country-of-origin product labels, aiming to bring clarity to consumers and eliminate confusion surrounding ‘Product of USA’ and ‘Made in the USA’ labels for meat, poultry, and eggs. . .?More

PAST NEWS HEADLINES

Kenya suspends licenses of second-generation alcohol manufacturers?.?. .?More Dangote Sugar records first annual loss in 13 years?.?. .?More Astral Foods announces sale of Quantum Foods Stake . . .?More JDE Peet’s appoints Luc Vandevelde as Interim CEO.?. .?More Unilever invests US$80M in production of Liquid IV. . .?More