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January 22, 2025

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FH Media News | Insights & Innovation for Africa’s Food Entrepreneurs / Blog / Trending News

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African News Divestments, Investments & Funding Latest News Trending News

Coca-Cola invests US$50 million in new high-capacity bottling line in Namibia

By Catherine Odhiambo
. November 11, 2024

NAMIBIA – Coca-Cola Beverages Africa (CCBA) has committed US$50 million towards a new bottling line in Namibia, a major upgrade that enhances production and boosts

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African News Foodpreneurs Hub Updates Latest News

Cohort 2 of Food Business Funding Program kicks off

By Catherine Odhiambo

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FDA bans FD&C Red No. 3 for Food, drugs under Delaney Clause

By Catherine Odhiambo

African News Divestments, Investments & Funding Latest News

Kenya’s sugar sector shows promise as Mumias Sugar disburses US$1.16M bonus to cane farmers

By Catherine Odhiambo

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Azelis, NATARA partner to expand flavor, fragrance ingredient portfolio in North America

By Catherine Odhiambo

African News Foodpreneurs Hub Updates Latest News

Cohort 2 of Food Business Funding Program kicks off

By Catherine Odhiambo

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Nestlé Côte d’Ivoire rebounds with 52.3% profit increase in H1 2024

By Catherine Odhiambo

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Food Innovation Summit 2024: The Use of AI in Africa’s Food Industry by Mark Peterson.

By Catherine Odhiambo

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Baladna’s nine-month financial results show robust growth

By Catherine Odhiambo

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Food Innovation Summit 2024: The Use of AI in Africa’s Food Industry by Mark Peterson.

By Catherine Odhiambo

Latest News Market Trends & Industry Reports World News

Nestlé Côte d’Ivoire rebounds with 52.3% profit increase in H1 2024

By Catherine Odhiambo

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Pure Ice Cream to boost production with US$21.8M investment in Dubai Industrial City

By Catherine Odhiambo

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India welcomes One Bamboo’s 100% plastic-free husk glasses

By Catherine Odhiambo

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FH Media delivers insights, updates, and thought leadership for the food industry through news, blogs, and a leading magazine tailored to innovators.

This flagship program, launched last year, is desi

This flagship program, launched last year, is designed to bridge the gap between food science and business, empowering participants with critical skills in entrepreneurship, finance, marketing, and supply chain management.

https://hubforfoodpreneurs.com/cohort-2-of-food-business-funding-program-kicks-off/

#foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #funding #course

Although no conclusive evidence indicates that Red

Although no conclusive evidence indicates that Red Dye No. 3 causes cancer in humans, studies from the 1980s demonstrated tumor formation in male rats exposed to high levels of the dye.

https://hubforfoodpreneurs.com/fda-bans-fdc-red-no-3-for-food-drugs-under-delaney-clause/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #regulations

Central to these reforms is the enactment of the S

Central to these reforms is the enactment of the Sugar Act 2024, which aims to streamline operations within the sector.

https://hubforfoodpreneurs.com/kenyas-sugar-sector-shows-promise-as-mumias-sugar-disburses-us1-16m-bonus-to-cane-farmers/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news

“We believe this partnership will unlock new pot

“We believe this partnership will unlock new potential in the North American market. By joining forces with Vigon International, an Azelis Company, Natara Global can ensure that customers receive not only our top-tier products but also the best service possible,” Yoram Knoop, CEO of NATARA, expressed optimism about the collaboration.

https://hubforfoodpreneurs.com/azelis-natara-partner-to-expand-flavor-fragrance-ingredient-portfolio-in-north-america/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #partnership

Known by various names, including gbêlê, fer, ma

Known by various names, including gbêlê, fer, margué, akpê, and kpayôrô, this beverage is often associated with its potent effects and traditional herbal infusions.

https://hubforfoodpreneurs.com/brassivoire-launches-kunja-rtd-cocktail-in-cote-divoire/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #newproducts #beverage #cocktail #readytodrink

Lactalis cited heightened competition as the key d

Lactalis cited heightened competition as the key driver behind the factory closure.

https://hubforfoodpreneurs.com/lactalis-to-close-zambia-factory-transitioning-to-import-model/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #divestment

The agreement includes the acquisition of a 49% st

The agreement includes the acquisition of a 49% stake in TJA for US$8 million, alongside plans for significant investment to establish localized production.

https://hubforfoodpreneurs.com/edita-food-industries-expands-regional-presence-with-stake-in-iraqs-tuama-jebur-abbas/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #acquisition

The WorldStar Awards, considered one of the highes

The WorldStar Awards, considered one of the highest honors in the packaging industry, celebrate innovations that address critical challenges while delivering exceptional value.

https://hubforfoodpreneurs.com/mondi-honored-with-ten-worldstar-packaging-awards-for-2025/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #awards

Though processing, packaging, and transportation i

Though processing, packaging, and transportation introduce some emissions, Oterra’s initial analysis indicates that Arctic Blue has up to 40 times lower carbon emissions than its conventional spirulina product.

https://hubforfoodpreneurs.com/oterra-vaxa-technologies-introduce-carbon-neutral-spirulina-based-color/

@foodpreneurshub #foodpreneurs #foodindustry #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #innovation #arcticblue

The versatile puffing technology is designed for a

The versatile puffing technology is designed for a range of applications, including snacks, breakfast cereals, confectionery, bakery items, and dairy products.

https://hubforfoodpreneurs.com/buhler-acquires-puffing-technology-from-cerex-to-expand-offerings-in-food-snack-production/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #news #investment #acquisition #technology

Honeywell Flour Mills Plc has emerged as the best-

Honeywell Flour Mills Plc has emerged as the best-performing consumer goods stock on the Nigerian Exchange so far in January 2025, with its shares climbing 32 percent month-to-date.

https://hubforfoodpreneurs.com/honeywell-flour-mills-shares-surge-by-32-in-january/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #marketshare

The 10-year Comprehensive Africa Agriculture Devel

The 10-year Comprehensive Africa Agriculture Development Programme (CAADP) Strategy and Action Plan, endorsed during the AU Extraordinary Summit in Kampala, Uganda, aims to increase the continent’s agri-food output by 45% by 2035.

https://hubforfoodpreneurs.com/african-union-unveils-decade-long-plan-to-transform-agri-food-systems/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #globaltrends #supplychain #investment #news #agrifood #foodsystems #foodsecurity

The exemption, formalized in the 2025 Finance Law

The exemption, formalized in the 2025 Finance Law and confirmed by the General Directorate of Taxes (DGI), reduces the market price of these products by 19.25%, aligning with the current VAT rate.

https://hubforfoodpreneurs.com/cameroon-exempts-local-flours-from-vat-in-push-to-curb-wheat-imports/

@foodpreneurshub, #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #regulatory #policy #vat #flour

The 2023/24 production season was marred by drough

The 2023/24 production season was marred by drought and heatwaves, leading to a sharp decline in grain and oilseed output.

https://hubforfoodpreneurs.com/south-africa-resumes-white-maize-imports/

@foodpreneurshub, #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #import #maize

While Ghana has an estimated 1.9 million hectares

While Ghana has an estimated 1.9 million hectares of irrigable land, only 1.6% is currently equipped with irrigation systems, far below the West and Central Africa regional average of 13.9%.

https://hubforfoodpreneurs.com/world-bank-commits-us30m-to-bridge-funding-gap-in-ghanas-food-systems-resilience-programme/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #news #investment

The rebranding, championed by President-elect John

The rebranding, championed by President-elect John Mahama, is aimed at redirecting the Ministry’s focus toward agribusiness, value addition, and technology-driven growth in agriculture.

https://hubforfoodpreneurs.com/ghana-to-rebrand-agriculture-ministry-to-focus-on-agribusiness-value-addition/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #agribusiness

Alice Ruhweza brings nearly three decades of exper

Alice Ruhweza brings nearly three decades of experience as a global thought leader and systems thinker, with expertise in economic, social, and environmental policy.

https://hubforfoodpreneurs.com/alice-ruhweza-appointed-president-of-agra/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #investment #news #appointments

The expansion comes as the company seeks to meet r

The expansion comes as the company seeks to meet rising demand from both domestic and international markets.

https://hubforfoodpreneurs.com/bakhresa-food-products-to-double-fruit-processing-capacity-in-major-expansion-drive/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #news #investment

The chain’s other outlets span Lagos Island, the

The chain’s other outlets span Lagos Island, the mainland, and Ibadan, Oyo State—where it opened its first branch outside Lagos in July 2024.

https://hubforfoodpreneurs.com/sooyah-bistro-opens-12th-outlet-in-lagos/

@foodpreneurshub #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #news #investment

Covering 1 hectare, the facility represents an US$

Covering 1 hectare, the facility represents an US$8.9M investment and boasts a processing capacity of 100 tonnes of tomatoes per day (equivalent to 5 tonnes per hour).

https://hubforfoodpreneurs.com/burkina-faso-boosts-local-tomato-processing-with-new-factories/

@foodpreneursmedia #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #foodproduction #entrepreneurship #foodbusiness #foodsecurity #globaltrends #supplychain #news #investment

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