Food Business Africa Week 46 News

AFRICAN NEWS HEADLINES

Carrefour Kenya opens first branch in Nairobi city center

KENYA?- Carrefour Kenya, owned and operated by Dubai-based conglomerate Majid Al Futtaim, has opened its first branch in Nairobi’s central business district (CBD), located along Monrovia Street?.?. .?More

Chilean Agroberries Limited invests US$41m in?expanding?to Morocco

MOROCCO?- Agroberries Limited, a Chile-based vertically integrated producer, marketer and distributor of berries,?has invested €40 million to expand its operations to Morocco, a natural next step in its?global expansion plan as a leading berry grower and marketer.?. .?More

Clover SA gets approval to acquire back Dairy Farmers of South Africa

SOUTH AFRICA?-Clover SA, a branded consumer goods company active in the food and beverage industry, has gotten a node from the Competition Commission of South Africa to acquire back its former milk procurement business, Dairy Farmers of South Africa.?. .More

Gallianus Pesca Fishery launches operations in Angola?

ANGOLA?– Angola has welcomed the launch of the newly built US$14 million Gallianus Pesca fishery, located in Benguela, with a freezing capacity of 190 tons and 40 tons for fish conservation.?.?.?More

Zambian Breweries partners with aquaculture firm Yalelo in?its waste recycling initiative

ZAMBIA?- Zambian Breweries has welcomed Yalelo Zambia, one of the leading fish aquaculture companies in Africa as the latest partner in its growing environmental clean-up initiative, which contributes?to the Extended Producer Responsibility (EPR)?.?. .?More

GLOBAL?NEWS HEADLINES

Cayuga Milk Ingredients plans US$50m expansion at Auburn dairy processing plant

USA?- Cayuga Milk Ingredients, a farmer-owned dairy processing company, has plans for a?50,000-square-foot expansion project?at?its dairy processing facility in Auburn, New York, approximated to cost US$50 million.?. .More

Nestlé invests US$51.43m in production of Nescafé Dolce Gusto Neo machine’s pods

BRAZIL- Nestlé has invested more than EUR50m (US$51.43m) in its factory in Montes Claros in Brazil, to enable the company to build capacity that will help in the manufacturing of paper-based and home-compostable coffee pods for?the newly launched Nescafé Dolce Gusto Neo machine?.?. .More

Keurig Dr Pepper takes minority stake in Athletic Brewing

US?- Keurig Dr Pepper (KDP) is betting big on the future of the fast-growing nonalcoholic beer and cocktail?category after an expanded investment in the category with a US$50 million minority stake in nonalcoholic craft beer maker, Athletic Brewing?. .?More

Zomato’s net loss narrows to ?251 crore in Q2 results?

INDIA?–Zomato Ltd has for the first time crossed the billion-dollar annualized revenue mark and has also registered a narrowed consolidated net loss in the second quarter to ?251 crores from ?430 crores a year ago.?. .?More

Pilgrim’s UK shutters two large factories,putting at least 650 jobs at risk

UK?- Pilgrim’s UK, one of the UK’s leading food companies and pork producers, has confirmed the closure of its two large factories in Bury St.Edmunds and Coalville, switching production operations?to Dalehead Foods in Corsham and Pilgrim’s factories in Andover in Hampshire, Linton in Cambridgeshire, and King’s Lynn in Norfolk.?. .More