The latest news from the agricultural sector
2022-06-21
#Snack Tuesday: New products from Kellogg’s, Mars, Oreo, Nightfood, Lenny & Larry's, Blue Diamond and Hormel Foods | Food Business Africa Magazine
GLOBAL— #Snack Tuesday this week features exciting new products from Mars, Oreo, Nightfood, Lenny & Larry's, and Blue Diamond, as well as a range o ... Read more
grains, milling, baking & feed
2022-06-20
Rockingham Cooperative to invest US$17M in upgrading grain handling, feed operations | Food Business Africa Magazine
USA — Rockingham Cooperative, a Virginia based farmer-owned cooperative, is set to invest US$17 million to upgrade and expand its grain handling and feed ma ... Read more
grains, milling, baking & feed investments & funding news
2022-06-20
Arta Capital acquires minority interest in Spanish snacks company Facundo | Food Business Africa Magazine
SPAIN—Arta Capital has acquired 37.4% minority interest in Spanish nuts and snacks supplier Facundo Group from the Villagra family. Vicente Facundo Villagrá ... Read more
grains, milling, baking & feed mergers & acquisitions
2022-06-20
CHS set to open new grain storage facility in Minnesota | Food Business Africa Magazine
USA— CHS, a Fortune 500 secondary farmer-owned cooperative is set to expand its operational capabilities and increase efficiency with a new state-of-the-art ... Read more
grains, milling, baking & feed
2022-06-20
Ghana wheat consumption is forecast down amid sustained increases in wheat product prices | Food Business Africa Magazine
GHANA— A report by United States Department of Agriculture’s Foreign Agricultural Service Accra Post projects Ghana’s MY2022/23 total wheat consumption slig ... Read more
grains, milling, baking & feed
2022-06-20
Viterra opens new grain facility in Canada | Food Business Africa Magazine
CANADA — Viterra Canada Inc., a Canadian agriculture commodities business, officially opened its new high-throughput grain facility in Saskatchewan, Canada. ... Read more
grains, milling, baking & feed
2022-06-20
Magic Spoon makes retail debut after closing $85M funding round | Food Business Africa Magazine
USA—Magic Spoon, a US breakfast cereal maker, has secured US$85 million in investment in a Series B funding round, bringing total funding to date to US ... Read more
grains, milling, baking & feed investments & funding news
2022-06-20
Ethiopia wheat production forecast is up 3.26 percent over last period production estimate | Food Business Africa Magazine
grains, milling, baking & feed
2022-06-20
Saudi Arabia’s Savola foods acquires food group EGYBELG | Food Business Africa Magazine
SAUDI ARABIA—Savola Foods, a subsidiary of Saudi Arabia’s Savola Group, has acquired the total assets of food group EGYBELG, with a value of US$33.1million. ... Read more
grains, milling, baking & feed mergers & acquisitions
2022-06-17
Bleak global wheat outlook jeopardizes feed wheat availability | Food Business Africa Magazine
GLOBAL—Dr. Ioannis Mavromichalis, an animal nutritionist by profession told feed strategy that the feed industry should be ready to formulate feed with alte ... Read more
grains, milling, baking & feed
2022-06-17
Cargill invests US$150m in an advanced biodiesel plant in Belgium | Food Business Africa Magazine
BELGIUM —Cargill has invested US$150 million in its first advanced biodiesel plant in Ghent, Belgium, in a move aimed at reducing greenhouse gas emissions a ... Read more
grains, milling, baking & feed investments & funding news
2022-06-17
Brace's Bakery plans US$ 4.9M investment, Greggs bakery receives expansion go-ahead | Food Business Africa Magazine
UK—Brace’s Bakery has invested US$ 4.9 million in a new production line thanks to a US$ 3 million finance package from HSBC UK and HSBC Equipment Finance, m ... Read more
grains, milling, baking & feed investments & funding news