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- April 17, 2025
PepsiCo expands health-focused portfolio with US$1.95B acquisition of Poppi
USA – PepsiCo has entered into an agreement to acquire Poppi, a prebiotic soda brand, for US$1.95 billion marking its expansion into the growing functional
Dislog Group expands food portfolio with Venezia Ice & Bakery acquisition
MOROCCO – Dislog Group has moved to strengthen its presence in the food sector with the acquisition of Venezia Ice & Bakery, and the MCDF
Ethiopia invests US$2M in strawberry, saffron farming
ETHIOPIA – Ethiopia’s agricultural sector is set for expansion as African Farming Industries commits US$2 million to cultivating strawberries and saffron within the Bole-Lemi Industrial
Nigeria’s cocoa exports surge amid global market dynamics
NIGERIA – Nigeria’s cocoa exports witnessed an extraordinary 606 percent surge in the fourth quarter of 2024, reaching N1.2 trillion (US$0.78 billion) from N171 billion
ANSAF allocates US$350,000 to boost cashew processing in Tanzania
TANZANIA – The Agricultural Non-State Actors Forum (ANSAF) has allocated US$350,000 (TSh 923.45M) to support 1,000 smallholder farmers engaged in the cashew value chain across
Lagos butchers struggle as soaring cow prices threaten livelihoods
NIGERIA – The Lagos State Butchers’ Association has raised concerns over the escalating cost of cows, warning that the crisis is making it increasingly difficult
Togo mandates local sourcing for fish, poultry imports in new trade rule
TOGO – Togo’s Ministry of Fisheries and Animal Resources has introduced a new requirement for importers of fish, poultry meat, and related products. Starting February
Kenya Breweries introduces Manyatta Pineapple & Mint cider in cans
KENYA – Kenya Breweries Ltd (KBL), a subsidiary of East African Breweries Ltd (EABL), has introduced its Manyatta Pineapple & Mint cider in a 330ml
Symega expands presence in North India with new seasoning facility in Sonipat
INDIA – Symega Food Ingredients Ltd., one of India’s largest seasoning manufacturers, has opened a new manufacturing facility in Sonipat, Haryana. Situated in the Rai
Diageo appoints Kavita Hans as General Manager for West, Central Africa
AFRICA – Diageo has announced the appointment of Kavita Hans as the new General Manager for West and Central Africa, including Diageo Nigeria Limited (DNL).