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African News Divestments, Investments & Funding Latest News

Juhayna Food Industries merges subsidiaries amid continued growth

EGYPT – Egypt’s leading dairy, juice, and food producer, Juhayna Food Industries, has announced the consolidation of four of its subsidiaries: Egyptian Food Industries Company,

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Bakhresa Food Products to double fruit processing capacity in major expansion drive

TANZANIA – Bakhresa Food Products (BFP), a subsidiary of the Bakhresa Group, has announced plans to increase its fruit processing capacity, aiming to double annual

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Burkina Faso boosts local tomato processing with new factories 

BURKINA FASO – Burkina Faso has taken notable steps to enhance its tomato processing capabilities with the launch of two new factories in Yako and

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Sooyah Bistro opens 12th outlet in Lagos

NIGERIA – Nigerian fast-casual chain Sooyah Bistro has launched its 12th outlet, situated in Yaba, Lagos.  This milestone marks another chapter in the growth of

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AfDB secures US$2.2B for Agro-Industrial Zones in Nigeria to boost agriculture, food security

NIGERIA – The African Development Bank (AfDB) has unleashed plans to release US$2.2 billion in funding for the development of Special Agro-Industrial Processing Zones (SAPZ)

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Diageo India unveils premium innovations: Godawan Estuary Water, India Rare Spirits Program

INDIA – Diageo India, a leader in the alcoholic beverages industry, has announced two pioneering launches set to redefine luxury in the Indian spirits market:

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Kerry expands innovation footprint with new customer co-creation facility in Thailand

THAILAND – Kerry, a global leader in taste and nutrition, has inaugurated an expanded Customer Co-Creation facility in Bang Na, Bangkok.  The new facility is

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Symrise launches Symvision AI to predict trends in food, beverage industry

GERMANY – Symrise, a global leader in flavor and fragrance innovation, has unveiled Symvision AI, a cutting-edge trend prediction tool aimed at empowering food and

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Diageo partners Celebr-8 Lyfe to expand Nigeria’s premium spirits market

NIGERIA – Diageo, a global leader in the premium spirits industry, has entered into a partnership with Celebr-8 Lyfe to enhance the availability of Diageo’s

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Rwanda embarks on national fish breeding centre to reduce imports

RWANDA – The Rwanda Agriculture and Animal Resources Board (RAB) is constructing a state-of-the-art national research and breeding centre aimed at enhancing local fish production