Switzerland's Webcor strengthens Angolan ties with Lactiangol acquisition
Switzerland-based food group Webcor has revealed it has bought the largest dairy business in Angola for US$30m.
View ArticleTiger Brands starts Oceana stake disposal
Tiger Brands, the South Africa-based food-and-drinks manufacturer, has offloaded part of its stake in local seafood business Oceana Group, a shareholding it wants to fully divest.
View ArticleClover Industries takeover talks ongoing
Clover Industries' takeover talks remain live, the South Africa food-and-beverage group has revealed, three months after first announcing discussions were taking place.
View ArticleCoca-Cola finalises acquisition of Nigerian firm Chi
Coca-Cola Co. has finalised the purchase of a business in Nigeria manufacturing soft drinks and "value-added dairy beverages".
View ArticleTunisian olive oil firm CHO backed by investment house Gulf Capital
CHO Company, Tunisia's largest exporter of branded olive oil, has received investment from a regional asset management firm.
View ArticleSouth Africa's struggling Clover Industries snapped up by investor consortium
A team of international investors have snapped up Clover Industries, South Africa's largest dairy company.
View ArticleNestle outlines new cocoa action plan to stem deforestation
Nestlé is seeking to end deforestation associated with cocoa production in west African countries with its latest environmental initiative.
View ArticleSouth Africa's Sovereign Foods expands operation with hatchery deal
South African poultry processor Sovereign Foods has announced the acquisition of a facility in its domestic market.
View ArticleNestle, Unilever co-found Africa plastic waste initiative
Food giants Nestle and Unilever have joined forces in an attempt to tackle plastic pollution in Africa.
View ArticleClover Industries investor Brimstone pulls out of consortium amid opposition
A member of an investment consortium that struck a deal for South Africa's largest dairy company Clover Industries in February is pulling out.
View ArticlePE firm SpearCapital takes 40% stake in South Africa's Peries Foods
A stake in Peries Foods, a South African meat processor, has been sold to local private-equity firm SpearCapital.
View ArticleOlam International tables bid for Dangote Flour Mills
Nigeria-based flour and pasta supplier Dangote Flour Mills has attracted takeover interest from one of the world's largest agri-food businesses.
View ArticleNestle looks to work with start-ups in Africa
Nestle has started what has described as an "innovation challenge" in Africa in four specific business areas.
View ArticleRebates under scrutiny in South Africa grocery inquiry
Rebates offered by FMCG companies operating in South Africa to retailers give national chains an "unfair" advantage over smaller rivals, the local competition watchdog has argued.
View ArticleNew products - Mars takes Juicy Fruit to India; Kraft Heinz debuts spoonable...
This week's batch of new products includes the latest developments from companies including Quorn Foods, Danone and Dairy Crest.
View ArticleNestle says review of Zambia operations could result in job losses
Nestlé said it is reviewing its operations in Zambia as the world's biggest food company seeks to take a "new approach".
View ArticleFrieslandCampina expands Nigeria dairy venture through incubator link
Dutch dairy cooperative FrieslandCampina has extended a dairy venture in Africa through a tie-up with a locally-based incubator consortium.
View ArticleGuinea food group Sonoco gets IFC backing
Société Nouvelle de Commerce, a food group based in Guinea in west Africa, is to get a loan from the International Finance Corporation to invest in production.
View ArticlePepsiCo moves to buy South Africa's Pioneer Foods Group
PepsiCo has swooped to buy a South Africa-based food and drinks manufacturer with a bid worth around US$1.7bn, the US giant has announced.
View ArticlePepsiCo's Pioneer-led Africa push may face challenges
Andy Coyne looks at PepsiCo's plans in sub-Saharan Africa after the US giant announced it is to buy South Africa's Pioneer Foods Group.
View Article