Beverage
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Private investor inject US$4.8m into construction of new coconut processing plant in Mozambique
MOZAMBIQUE – A private investment firm in Mozambique has broken ground on a US$4.8 million coconut processing plant in Zambézia Province, an extensive coconut belt…
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Qatari dairy and juice group Baladna acquires additional shares in Egyptian peer Juhayna Food Industries
EGYPT – Qatari dairy and juices group, Baladna, has made another tranche of investment in Egyptian peer, Juhayna Food Industries, in the form of shares…
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Nestlé to invest US$1.8bn in Saudi Arabia to cement presence in Middle East and North Africa
SAUDI ARABIA – Swiss food giant Nestlé is going to invest up to seven billion riyals (US$1.8 billion) in Saudi Arabia over 10 years in…
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Nestlé commissions new R&D center in Chile to bring innovative food and beverage solutions to Latin America region
CHILE – Nestlé has inaugurated a new Research & Development (R&D) Center in Santiago, Chile, for zone Latin America to innovate for and with consumers…
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Kalsec inks agreement with Willow Biosciences to develop and commercialize precision fermentation process
CANADA – Kalsec has entered into a framework agreement with a Canada-based biotechnology company, Willow Biosciences, to explore and commercialize a precision fermentation production process…
