Leading consumer goods company and omni-channel retailer, FoodCo Nigeria, has been listed among Africa’s Fastest Growing Companies for the second year running. The annual listing, which is compiled by the global business reporting newspaper, Financial Times (FT), in collaboration with statistics and consumer insights platform, Statista, ranked FoodCo 39th out of the 100 fastest-growing companies […]
Africa’s Premier Food TV, Tattasetv Wins Double At Cake Awards
Africa’s first, food and beverage TV channel, Tattasetv, with the noble call of marketing African food, food brand and lifestyle to the world, has carted home, two awards, “Best Media Outlet” and “Award of Excellence.” Both awards organisers, formerly referred to as The Cake Experience and Top Baker Awards, have been widely acknowledged as the […]
Turkish Investors To Start New Fish Processing Company In Gabon
Businessmen from Turkey has concluded plan to invest in the fish and fish products sector in Gabon to help improve the impact of the seafood industry on the national economy. The fishing sector is an important part of Gabon’s economy, representing 1.5% of the country’s gross domestic product (GDP). According to statistics from the General […]
EFFICIENCY: Dufil Foods Switches To Natural Gas, Saves 30% In Energy Bills
Popular manufacturing firm, Dufil Group has announced that the group has just made a switch from electricity to natural gas in its operations. The food giant said the decision to switch to natural gas has cut its electricity cost by 30 percent when compared to grid supply and as much as 80 percent if it […]
We Remain Key Beverage Brand In Nigeria – Tasty Time
The management of Tasty Time Nigeria Ltd, makers of Tasty Time food and beverage drinks, has reiterated that the brand remains one of the best beverage and food brands in Nigeria. This was contained in a statement to condemn attempts to damage the company’s image through negative TikTok campaign recently. Tasty Time said: “For decades, […]
Libstar Concludes Plans To Acquire Cape Foods
Libstar, one of South Africa’s leading Consumer Packaged Goods (CPG) manufacturers and distributors, has concluded an agreement to acquire Cape Foods, a herb, seasoning and spice manufacturer. The group did not reveal the value of the deal, explaining that the acquisition falls below the threshold for categorisation in terms of the JSE’s listings requirements. However, […]
Rite Foods Revives Ojude-Oba Festival
Recently, Rite Foods Limited revived the celebration for Ojude-Oba festival after two years hiatus of its annual rich cultural heritage due to the COVID-19 pandemic. To this end, the ancient city of Ijebu-Ode was agog on Monday with spectacular displays of splendour, pomp and pageantry at the Ojude-Oba Festival, a colourful event that was energised, […]