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African News Foodpreneurs Hub Updates Latest News

Cohort 2 of Food Business Funding Program kicks off

AFRICA – Foodpreneurs Hub proudly announces the start of Cohort 2 of its Food Business Funding Program, a transformative initiative for food entrepreneurs in sub-Saharan

African News Divestments, Investments & Funding Latest News

Kenya’s sugar sector shows promise as Mumias Sugar disburses US$1.16M bonus to cane farmers

KENYA – Mumias Sugar Company has issued a Ksh 150 million (US$1.16M) bonus to sugarcane farmers, marking a milestone in Kenya’s efforts to revive its

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Brassivoire launches Kunja RTD cocktail in Côte d’Ivoire

CÔTE D’IVOIRE – Heineken’s subsidiary Brassivoire has unveiled its latest product, Kunja, a ready-to-drink (RTD) cocktail inspired by Côte d’Ivoire’s traditional palm wine-based beverage, koundjadjo. 

African News Divestments, Investments & Funding Latest News Uncategorized

Lactalis to close Zambia factory, transitioning to import model 

ZAMBIA – French dairy giant Lactalis has announced the closure of its factory in Zambia, effective 31 March 2025.  The company will transition to an

African News Latest News Mergers, Acquisitions & Partnerships

Edita Food Industries expands regional presence with stake in Iraq’s Tuama Jebur Abbas

IRAQ – Edita Food Industries, one of Egypt’s leading packaged snack manufacturers, has announced its entry into the Iraqi market through a strategic partnership with

African News Latest News Market Trends & Industry Reports

Honeywell Flour Mills shares surge by 32% in January

NIGERIA – Honeywell Flour Mills Plc has emerged as the best-performing consumer goods stock on the Nigerian Exchange so far in January 2025, with its

African News Latest News Regulatory & Policy

Cameroon exempts local flours from VAT in push to curb wheat imports

CAMEROON – Effective January 1, 2025, flours made from locally sourced corn, yam, cassava, and plantain are now exempt from Value Added Tax (VAT) in

African News Latest News Trade, Imports & Exports

South Africa resumes white maize imports

SOUTH AFRICA – South Africa has resumed importing white maize for the first time since March 2017, as poor local harvests and heightened regional demand

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African Union unveils decade-long plan to transform agri-food systems

AFRICA – Africa is poised for a transformative decade in agriculture following the adoption of the African Union’s (AU) new agricultural development strategy.  The 10-year

African News Divestments, Investments & Funding Latest News

World Bank commits US$30M to bridge funding gap in Ghana’s Food Systems Resilience Programme

GHANA – The World Bank has pledged to address the US$30 million funding shortfall in Ghana’s Food Systems Resilience Programme (FSRP), a key initiative aimed