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- April 15, 2025
Premier Foods Limited recognized as Kenya’s Most Preferred Food Manufacturing Company
KENYA – Premier Foods Limited (PFL), the manufacturer behind the renowned Peptang, PEP, and Orchid Valley brands, has been named Kenya’s Most Preferred Food Manufacturing
Fresh Del Monte enters avocado oil market with Avolio acquisition
UGANDA – Fresh Del Monte Produce Inc. has acquired a majority stake in Avolio, a Uganda-based supplier of bulk crude and cold-pressed avocado oil. The
African Coffee Roasters launches Kenya’s first certified organic coffee
KENYA – Kenya’s coffee industry has reached a major milestone with the launch of its first certified organic coffee under the Traceable Organic Coffee from
TECO Group debuts dual-purpose screw press, digester for palm oil processing at Agrofood & Plastprintpack Nigeria
NIGERIA – TECO Group has introduced a new dual-purpose screw press and digester designed to enhance palm oil processing efficiency for small-scale farmers. The machine,
AquaFedha launches to bridge Africa’s aquaculture financing gap
KENYA – AquaRech Ltd has launched AquaFedha, Africa’s first credit finance product tailored for small and medium-sized fish farmers, to address the critical funding challenges
West Africa secures US$11.78M grant to boost rice production, reduce import dependency
WEST AFRICA – The African Development Bank (AfDB) and the Economic Community of West African States (ECOWAS) Commission have formalized a funding agreement aimed at
Opportunik Global Fund launches US$1M Private Credit initiative at Nigeria Food Summit 2025
NIGERIA – Opportunik Global Fund has introduced a US$1 million Private Credit Fund aimed at supporting chefs and food entrepreneurs in scaling their businesses. Launched
AfDB unveils US$500M facility to unlock US$10B for African agriculture
AFRICA – The African Development Bank (AfDB) has announced a US$500 million facility designed to unlock US$10 billion in financing for smallholder farmers and agribusinesses
Nigeria strengthens cold chain infrastructure to boost food security
NIGERIA – The Federal Government has reaffirmed its commitment to enhancing cold chain infrastructure in Nigeria to improve food security and reduce post-harvest losses. Minister
Kenya Breweries Limited invests in Upper Tana Water conservation to bolster Nairobi’s water security
KENYA – Kenya Breweries Limited (KBL) has committed KES 54 million (US$413,000) to a water conservation initiative in collaboration with the Upper Tana-Nairobi Water Fund