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KOM Group named best agroprocessing company in East Africa at 2025 African Excellence Awards

TANZANIA – KOM Group of Companies, a Tanzania-based agroprocessing and industrial products manufacturer, has been awarded Best Agroprocessing Company in East Africa at the 2025

African News Divestments, Investments & Funding Latest News

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

African News Divestments, Investments & Funding Latest News

Norway commits US$15M to boost Tanzania’s agricultural sector through strategic partnerships

TANZANIA – The government of Norway has pledged US$15 million to support Tanzania’s agricultural sector.  This commitment follows the signing of a Memorandum of Understanding

African News Divestments, Investments & Funding Latest News

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

African News Latest News New Products

20 years of excellence: MBL introduces limited-edition K-Vant Spirit

TANZANIA – Mega Beverages Limited (MBL), a leader in Tanzania’s beverage industry, has commemorated its 20th anniversary with the launch of a limited-edition K-Vant Premium

Mergers, Acquisitions & Partnerships

VBL to challenge Coca-Cola with major expansion in African beverage market

TANZANIA/GHANA – Varun Beverages Ltd. (VBL), one of PepsiCo’s largest global franchisees, has announced significant acquisitions and investments as part of its aggressive expansion into

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Serengeti Breweries crowned ‘Manufacturer of the Year’

TANZANIA — Serengeti Breweries Limited (SBL) has been awarded the top honor as Tanzania’s leading alcoholic beverage manufacturer at the President’s Manufacturer of the Year