Food Business News- MidWeek 18, News

AFRICAN NEWS HEADLINES

ECCBC receives US$70m sustainability investment loan from IFC

AFRICA?– Equatorial Coca-Cola Bottling Company (ECCBC has secured a US$70m loan from the International Finance Corporation (IFC) for climate investments supporting its sustainability strategy?.?. .More

Hershey launches Income Accelerator in Ivory Coast?

IVORY COAST?– Hershey Company has launched Income Accelerator in Ivory Coast to support increased incomes for cocoa farming households through the provision of cash transfers (CTs)?.?. .More

Kenya sets up new AI station for pigs

KENYA?–?Kenyan government in partnership with the Kenya Animal Genetic Resource Centre has launched an Artificial Insemination (AI) station for pigs in Kakamega County to boost the pig farming industry?.?. .?More

KBL takes KRA to court for breaching excise duty settlement deal

KENYA?-?Kenya Breweries Limited, one of Kenya’s biggest breweries, has been slapped with a US$60.1 million tax demand by the Kenya Revenue Authority (KRA)?.?. .?More

Dairibord seeks to boost raw milk output as first quarter raw milk output surges 5%

ZIMBABWE –?Zimbabwe’s largest dairy company, Dairibord Holdings, has revealed its intent in boosting high-quality raw milk production by supporting farmers through its Milk Supply Development Unit (MSDU)?.?. .?More

GLOBAL?NEWS HEADLINES

Danone invests in animal-free dairy Israeli startup Imagindairy

FRANCE -?French dairy giant Danone is pursuing a partnership?with Israeli?Startup Imagindairy Ltd, to develop?animal-free dairy products using precision fermentation technology through a?strategic investment in the startup?. . .?More

Steakholder Foods unveils world’s first bioprinted fish fillet

ISRAEL -?Steakholder Foods Ltd, an international deep-tech food company,?has unveiled its successful bioprint to produce the first ready-to-cook cultivated grouper fish fillet in partnership with Umami Meat ltd?. . .?More

Post Holdings invests in expanding Michael Foods facility

USA?-?American consumer packaged goods holding company?Post Holdings Inc. has invested in the expansion of its Michael Foods manufacturing and distribution facility in Norwalk, Iowa, to boost its egg production capacity?. . .?More?

Ukraine comes up with new laws to revitalize dairy industry

UKRAINE -??Ukrainian lawmakers are working on a new policy that could ease tension in the bartered dairy industry and cushion the industry from the effects of the war?as the country tries to pull resources that will help revitalize the industry?.?. .?More??

Ingredion release videos on stevia and sugar reduction

UK - Food ingredients supplier Ingredion has launched a new educational video series to help food and beverage manufacturers harness the potential of stevia sweeteners in low sugar formulations.?. .?More??