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- April 20, 2025
Nigerian consumer goods market sees growth
NIGERIA – The consumer goods sector on the Nigerian Exchange has reached a total market capitalization of N11.1 billion (US$7.4 million) as of the latest
Nampak sells Bevcan Nigeria to Alucan Investment for US$68.5M
NIGERIA – South African packaging giant Nampak has finalized the sale of its Nigerian subsidiary, Bevcan Nigeria, to Singapore-based Alucan Investment for US$68.5 million. The
Nigeria partners Brazil to modernize livestock sector with US$2.5B investment
NIGERIA – The Nigerian government has entered into a partnership with Brazil to enhance the country’s livestock sector through advanced genetics, modern feeding techniques, and
West Sugar begins revival of Mumias Distillery, Co-Gen plants
KENYA – West Sugar Company has embarked on reviving the distillery and co-generation plants at Mumias Sugar Company Limited in compliance with a directive issued
Pret A Manger to open first South African store at Melrose Arch
SOUTH AFRICA – British multinational sandwich and coffee shop Pret A Manger is set to make its debut in South Africa, with its first outlet
BUA Foods reports strong growth in 2024
NIGERIA – BUA Foods Plc has posted impressive financial results for the 2024 fiscal year, with revenue more than doubling due to strong consumer demand
Pluri expands into cell-based chocolate with US$6.5M investment
ISRAEL – Israeli cellular agriculture firm Pluri has secured a US$6.5M investment and is set to acquire a majority stake in Rehovot-based Kokomodo, a company
NAFDAC shuts down Aba Cemetery Market over counterfeit wine, beverage production
NIGERIA – The National Agency for Food and Drug Administration and Control (NAFDAC) has, for the second time, shut down the Aba Cemetery Market in
Kenya launches US$1.3M initiative to boost milk safety
KENYA – The Kenya Dairy Board (KDB) has publicized a four-year initiative aimed at transforming the country’s informal dairy sector by enhancing milk safety, regulatory
Join the Future of Food and Livestock at FLIP 2025
KENYA – Foodpreneurs Hub is proud to announce its partnership with the Future Food Livestock & Poultry Expo (FLIP) 2025, taking place on 19-20 February