Food Business News - Midweek 14, News
AFRICAN NEWS HEADLINES
Brookside Dairy unveils its first plant-based milk products
KENYA –?Brookside Dairy Limited, Eastern Africa’s largest dairy processing company, has expanded?into the plant-based milk category with the launch of 100% Almond Milk and 100% Soy Milk products?under the company’s flagship brand Brookside.?. .More
Coca-Cola Kwanza acquires new eco-friendly truck
TANZANIA -?Coca-Cola Kwanza, a Tanzanian subsidiary of Coca-Cola Beverages Africa, has acquired a Compressed Natural Gas (CNG) powered truck from Scania Tanzania to help it transition to a more economical and eco-friendly mode of transport?.?. .?More
Growth-hungry Quickmart opens 57th branch in Kileleshwa?
KENYA?- Quickmart Supermarket, one of the leading retail chains in Kenya, has expanded its store footprint to 57, with the newest strategically located in?Kileleshwa,?an underserved market neighboring?the city of Nairobi?.?. .?More
Bui Sugar Limited to revolutionize Ghana’s sugar sector with new factory
GHANA?-?Chinese sugar milling company Bui Sugar Ltd has begun construction of Ghana's largest sugar factory that will produce 60,000 metric tons of raw sugar per year for local consumption and export, and also?create around 6,500 direct and indirect jobs?.?. .?More
Bralirwa attains 27.6% revenue growth in FY22
?RWANDA –??Bralirwa, the largest brewer and soft beverage company in Rwanda, has registered a topline performance of?27.6% increase in revenue to Rwf157.6 billion (US$0.14bn) in the Full year 2022, boosted by?volume growth and pricing. . .More
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GLOBAL?NEWS HEADLINES
Barry Callebaut appoints Peter Feld as new CEO, Peter Boone resigns
SWITZERLAND?-??Swiss cocoa processor and chocolate manufacturer, Barry Callebaut, has announced the resignation of its Chief Executive Officer (CEO) Peter Boone due to personal reasons and the appointment of Peter Feld as the new CEO of the Group, effective today?. . .?More
Italy to ban cell-based food to preserve “Italian food heritage”
ITALY - The Italian government has announced a bill banning the use and production of cell-based food and animal feed to safeguard the nation’s legacy and protect the health of its citizens, terming the move?as a “battle of civilizations”. . .?More
Emmi to invest US$43m in constructing goat milk powder facility in Netherlands
NETHERLANDS -??Swiss dairy manufacturer Emmi is investing Sfr40m (US$43.7m) to establish a new spray-drying facility for the production of goat's milk powder at its site in Etten-Leur, close to its two other facilities in?the Netherlands.?. . .More
Suntory Holdings forms?groupwide RTD arm to accelerate growth?
JAPAN?- Suntory Holdings, a Japanese multinational Brewing and Distilling Company group, has created a new Suntory RTD Company that combines the “know-how and assets” of the Suntory group,?to “accelerate business growth in the growing global RTD market”??. . .More?
Saudi Arabia achieves dairy self-sufficiency in less than 50 years