FOOD BUSINESS AFRICA NEWS

AFRICAN NEWS HEADLINES

South Sudan secures US$46.2M grant from AfDB?

SOUTH SUDAN- African Development Bank’s (AfDB) Board of Directors has approved a US$46.2 million grant to South Sudan to support the Climate Resilient Agri-Food System Transformation Program?.?. .?More

?Glovo appoints Daphne Kabeberi as Africa’s Impact and Sustainability Lead???

KENYA- Food delivery platform Glovo has announced the appointment of Daphne Kabeberi as the company’s Impact and Sustainability Lead for Africa?.?. .?More

Mianzo Limited acquires 5.16% stake in Astral Foods?

SOUTH AFRICA – Astral Foods Limited, a key player in South Africa’s poultry industry, has announced the acquisition of a 5.16% stake by Mianzo Asset Management (Pty) Limited?.?. .?More

?Varun Beverages signs deal with PepsiCo over Zimbabwe, Zambia?

ZAMBIA-?Varun Beverages Limited (VBL) has announced an exclusive agreement with PepsiCo Inc. to manufacture, distribute, and sell ‘Simba Munchies’ in Zambia and Zimbabwe?.?. .?More

Brown-Forman, Coca-Cola launch alcoholic RTD spirit cooler in South Africa?

?SOUTH AFRICA – Brown-Forman Corporation and The Coca-Cola Company have announced the launch of their much-anticipated Alcoholic Ready-To-Drink (ARTD) spirit cooler in South Africa?.?. .?More

?GLOBAL?NEWS HEADLINES

USDA to invest US$110M in US supply chains, meat processing capacity?

USA – USDA Secretary Tom Vilsack announced nearly US$110 million in funding from the American Rescue Plan in a move to fortify American food supply chains and expand meat and poultry processing capabilities?...?More

Hindustan Coca-Cola Beverages appoints Harsh Bhutani as CFO?

INDIA – Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola in India, has named Harsh Bhutani its Chief Financial Officer.?. .?More

Noble Foods appoints Barney Kay as Agriculture Director?

UK – Noble Foods has announced the appointment of Barney Kay as their new Agriculture Director?.?. .?More

Hindustan Unilever divests Pureit Water purification business for US$72M?

INDIA – Hindustan Unilever Ltd (HUL) has announced its decision to divest its water purification business to the Indian arm of US-based water technology company AO Smith for Rs 601 crore (US$72 million)?.?. .?More

?Nestlé launches high-yielding arabica coffee variety to combat climate change?

SWITZERLAND – Nestlé has announced the development of a novel high-yielding Arabica coffee variety designed to mitigate the impact of climate change on the coffee supply chain.?. .?More

?