Food Business Africa - Week 06 News

AFRICAN NEWS HEADLINES

UK govt invests US$18.5M in potatoes processing?facility in Kenya

KENYA?-?The UK government has launched the construction of a first-of-its-kind, KES2.3 billion (US$18.5M) processing?facility for Irish and sweet potatoes in?Kenya.?. .More

Uganda Breweries commissions US$10.73M production line

UGANDA-?Uganda Breweries Limited, a subsidiary of East African Breweries Limited, has?commissioned a UGX 39.9 billion (US$10.73 million) production line in an effort to improve capacity and efficiency.?. .More?

Norfund invests US$4.7M in expansion strategy at Synercore

SOUTH AFRICA -?Norfund?is investing ZAR 80M (US$4.7M) in Synercore Holdings, a South African food ingredient manufacturer, to bolster its product portfolio expansion?.?. .?More

Nile Breweries appoints Adu Rando as Country Director

UGANDA - Nile Breweries, a subsidiary of AB InBev, has announced the appointment of Mr. Adu Rando as the new Country Director, replacing David Valencia. . .More

Kenya locks out sugar millers from duty-free imports window

KENYA?– Local sugar millers in Kenya have protested the government's decision to lockout them out from the multi-billion-shilling duty-free sugar imports window, terming the move as discriminatory?.?. .?More

GLOBAL?NEWS HEADLINES

Planet-first nutrition to dominate consumer habits in 2023: FrieslandCampina

NETHERLANDS -FrieslandCampina has released its third annual consumer trend magazine,?highlighting?that consumers'?concern for the planet?outranked positive nutrition expected to be observed in consumer habits for the foreseeable future??.?. .?More

UK company 3DBT produces the second world’s first animal-free pork steak

UK?- 3D Bio-Tissues (3DBT), a biotechnology startup in the UK, has managed to cultivate the world’s first pork steak made from 100% cultivated meat?complementing Future Meat Technologies' milestone of?developing the world’s first cultivated lamb that is reported to cook and taste like conventional ground lamb meat?.?. .?More

Traditional recipes will propel food and beverage innovations in 2023: Kerry

?APMEA -?Traditional recipes, desire for unconventional flavor mashups, and demand for healthy nutrition?will propel food and beverage innovations in 2023, ingredient company Kerry found in its annual Taste and Nutrition Charts for the Asia Pacific, Middle East, and Africa region.?. .More

Nadec unveils plan?to become?US$1.59bn vertically integrated food business?

SAUDI ARABIA?- National Agricultural Development Co. (Nadec) has signed several agreements and memorandums of understanding to strengthen its five-year plan to become a vertically integrated food business and to reach 6 billion Saudi riyals (US$1.59 billion) revenue by 2027?. .?More

McDonald’s?to open 1900 more restaurants globally

UK?-?American multinational fast-food chain, McDonald’s Corp,?plans to build approximately 1,900 restaurants with more than 400 openings in the United States and internationally operated markets??.?. .?More