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Latest News Mergers, Acquisitions & Partnerships World News

Arla Foods, DMK Group propose merger to form Europe’s largest dairy cooperative

EUROPE – Arla Foods and Germany’s DMK Group have announced a proposed merger that, if approved, would form Europe’s largest dairy cooperative.  The combined business

African News Latest News Regulatory & Policy

Kenya bans tea hawking in sweeping industry crackdown to curb quality decline

KENYA – The Government of Kenya has intensified regulatory oversight over the tea sector by banning the hawking and roadside collection of green leaf, in

Latest News Mergers, Acquisitions & Partnerships World News

Azelis acquires Solchem Nature to expand nutraceutical market reach in Spain, broader Europe

SPAIN – Azelis has acquired 100 percent of Solchem Nature S.L., a Spain-based distributor of premium nutraceutical ingredients and formulations.  The move expands Azelis’ reach

African News Divestments, Investments & Funding Latest News

Kerry Group opens taste manufacturing facility in Rwanda 

RWANDA – Irish ingredients giant Kerry Group has inaugurated its first taste manufacturing facility in Rwanda, a move in expanding its presence across East Africa. 

African News Divestments, Investments & Funding Latest News

Diageo sells Seychelles Breweries stake to Phoenix Beverages for US$80M

SEYCHELLES – Diageo has agreed to sell its 54.4% majority stake in Seychelles Breweries Limited (Seybrew) to Phoenix Beverages, a subsidiary of Mauritius-based IBL Group,

African News Divestments, Investments & Funding Latest News

Three Nigerian startups secure US$628,000 to advance circularity under TRANSFORM West Africa Initiative

NIGERIA – Three Nigerian enterprises have secured grant funding under the TRANSFORM West Africa programme—an impact accelerator backed by Unilever, the UK Foreign, Commonwealth &

African News Latest News

Zetech University trains over 50 poultry farmers in Kiambu County

KENYA – More than 50 small and medium-scale poultry farmers from Kiambu County have completed a four-week intensive training programme organized by Zetech University.  The

Divestments, Investments & Funding Latest News World News

Stauning Whisky scales back U.S. operations after Diageo exits Distill Ventures

USA – Denmark’s largest whisky distillery, Stauning, has announced the layoff of approximately 25% of its global workforce, equivalent to 13 employees, in response to

African News Divestments, Investments & Funding Latest News

FAO launches US$200M land restoration initiative for cocoa, oil palm cultivation in Nigeria

NIGERIA – The Food and Agriculture Organization (FAO) has announced plans to restore 18,000 hectares of degraded land in Cross River and Ondo states, targeting

African News Latest News

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