Food Business Africa- Week 24, News
AFRICAN NEWS HEADLINES
?Kenya to host the Africa food industry week beginning June 13
KENYA–It is a busy week as FW Africa is set to host a number of events this week in Nairobi, Kenya. The events include the?Africa Sustainability Symposium ,?AFMASS?Food Expo ,?Africa Food Safety Summit ,?and the?Africa Food Awards , which will comprise?the Africa Food Industry Week.
?Costa Coffee targets 5 new outlets in Morocco in third quarter of 2023
MOROCCO –?British coffeehouse chain, Costa Coffee, has planned to invest about US$3.2 million to launch 5 new restaurants by the end of the third quarter of 2023 to expand in the kingdom of Morocco.?. .? More
Tanzania Breweries invests US$40mn in Kilimanjaro Malting Plant
TANZANIA –?Tanzania Breweries (TBL)?has committed US$40bn?to be invested in the construction of the Kilimanjaro Malting Plant in Moshi that will use an all-in-one malting solution called RimoMalt technology.?. .?More
Egypt signs cattle, frozen meat deal with five countries to expand supply sources
EGYPT –?Egypt has expanded its meat supply sources by signing a contract to import cattle and frozen meat from five countries to secure the country’s population demand for meat at low prices?.?. .More
Ugandan Dairy Development Authority embarks on sensitization campaign to contain illegal removal of milk cream
UGANDA –?The Ugandan Dairy Development Authority (DDA) through its Southwestern Regional office has launched a sensitization campaign against illegal centrifugation of milk targeting stakeholders in the dairy sector. . .?More
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GLOBAL?NEWS HEADLINES
Meat group Vion rejigs business structure to target growth
NETHERLANDS?-?Boxtel-based meat processor, Vion Food Group, has embarked on organizational restructuring to stimulate sustainable growth, promote innovation, and strengthen the company’s leading position in the European food industry?. . .?More ?
Bubs Australia reports tumbling revenue in China market
AUSTRALIA -??Global infant formula maker, Bubs Australia, has revealed that its China market revenue has tumbled in a recent trading update, moving down 56% for the three-month period until 31 March and remaining well below expectations in April and May.?. . .?More
ADM opens new innovation hub in Manchester
UK -?American multinational food processing corporation, ADM has expanded its business in the UK’s northern city, Manchester, through the inauguration of a new food innovation Centre to?expand culinary capabilities into new savory innovations for the UK??. . .?More
DSM-Firmenich takes legal action against Chinese biotin manufacturer
CHINA -??DSM–Firmenich has initiated legal action against China-based Anhui Shengda Bio-pharm Co and Zhejiang Shengda Bio-pharm,?a biotin manufacturer and supplier, collectively referred to as Shengda- for patent infringement?.?. .?More ? ?
Associated British Foods acquires National Milk Records for US$60M
UK -?Associated British Foods (ABF), a British multinational food processing, plans to buy local dairy technology firm National Milk Records (NMR) in a deal worth £48m (US$59.6m) to boost its presence in the agri-food space, especially the dairy?.?. .?More ? ?