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African News Latest News

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

African News Divestments, Investments & Funding Latest News

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

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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

Divestments, Investments & Funding Latest News Mergers, Acquisitions & Partnerships World News

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

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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

African News Latest News Regulatory & Policy

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

African News Latest News Mergers, Acquisitions & Partnerships

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

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Chege Kirundi elected as KTDA Holdings Chairman 

KENYA – The Kenya Tea Development Agency (KTDA) Board has elected Mr. Chege Kirundi as the new National Chairman of KTDA Holdings, succeeding Mr. Enos

African News Divestments, Investments & Funding Latest News

Rwanda secures US$47M concessional loan from China for agricultural resilience

RWANDA – Rwanda and China have formalized a concessional financing agreement valued at US$47 million to fund the construction of the Giseke Dam and an

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Foodpreneurs Hub to launch Africa’s first online School of Food Technology

AFRICA – Foodpreneurs Hub is set to break new ground with the upcoming launch of Africa’s first online School of Food Technology, a comprehensive digital