Foodpreneurs Hub

Susu Brings Bubble Tea to Checkers Supermarkets in South Africa South Africa’s Susu bubble tea brand has partnered with the premium supermarket chain Checkers to introduce concession stores within its outlets, making Taiwanese bubble tea more accessible. With locations already open in Cape Town and Johannesburg and a third set for Durban in November 2024, this partnership positions Checkers as the first retailer in the country to feature standalone bubble tea shops. Known for its fresh, authentic flavors and eye-catching decor, Susu is rapidly gaining popularity among younger consumers. Read more here: https://lnkd.in/dx-iVYGG #fhmedia #foodindustrynews #foodpreneurshub #foodtech

Foodpreneurs Bulletin - Key Updates This Week ✔ Helios Investment Partners acquires 49% in Raya Foods. ✔ Pick n Pay exits Nigeria. ✔ Sona Machinery Limited launches new AI color sorter. ✔ Guinness Nigeria & Nigerian Breweries Plc report revenue gains. ✔ Java House Africa expands in Uganda. Catch the full story in the Foodpreneurs Bulletin – Your source for the latest in food industry trends. #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #beveragenews #foodproduction #entrepreneurship #foodbusiness #globaltrends #supplychain #investmentopportunities #news

Entlaq, an Egyptian entrepreneurship support platform, has acquired a stake in Brotinni, a foodtech startup transforming Egypt’s meat delivery market with innovative “dark store butchery” and smart food technology. Founded by Dalia Abu Omar in 2020, Brotinni offers fresh, hand-cut, farm-sourced meat delivered swiftly across Cairo. This partnership will help Brotinni expand within Egypt and the Middle East, enhancing its storage, fleet, and consumer experience. Brotinni combines sustainability with technology, extending food freshness and reliability for consumers. Visit our website to read the full article https://lnkd.in/dhJ2sUWg

UGANDA – Predator Energy Drink, a popular brand from Coca-Cola Beverages Africa (CCBA), has launched a vibrant new mango-flavored variant, Predator Mango, in Uganda. This exciting addition is designed to meet the rising demand for fresh, diverse flavors in the energy drink market, reinforcing Predator’s stronghold in Uganda’s expanding industry. At the launch event at Munyonyo Commonwealth Resort, Coca-Cola Beverages Uganda General Manager, Melkamu Abebe, expressed enthusiasm for the new product. “Predator Mango is here to deliver an energizing experience that excites our loyal consumers while maintaining our commitment to quality and affordability,” Abebe remarked. Discover the full story and experience Predator Mango in a whole new way here https://lnkd.in/dwnMFuGW #fhmedia #foodindustry #foodbusiness #foodtech

This Week in The Foodpreneurs Bulletin ✔ Mamae Foods secures US$100,000 to boost production and expand its product range in Nigeria. ✔ The global peanuts market is projected to grow at 5.79% CAGR by 2028, driven by demand for healthy snacks. ✔ Coca-Cola Beverages Africa Nigeria launches Wozzaah Zero Sugar, a drink designed for Gen Z and Gen Alpha. ✔ Mondelēz International acquires a majority stake in China’s Evirth, targeting the US$3 billion bakery market. ✔ Flour Mills of Nigeria plans a dual listing and US$1 billion investment to drive pan-African growth. Stay updated with the latest trends in the food industry #foodpreneurs #foodindustry #innovation #sustainability #africanbusiness #foodtech #beveragenews #foodproduction #entrepreneurship #foodbusiness #globaltrends #supplychain #investmentopportunities #news

Kenya Wine Agencies Limited (KWAL) has launched Kibao Gin, a triple-distilled, juniper-forward gin aimed at Kenya’s young, adventurous adults who enjoy exploring unique beverages. This new addition taps into the rising demand for premium spirits, offering a bold blend of botanicals for a refreshing experience. “We are targeting socially connected young adults who are eager to try new things and embrace experiences that reflect their adventurous spirit. Kibao Gin is designed to offer a mixable, refreshing option for these consumers,” said Geeraerts. Read more about Kibao Gin and other offerings: https://lnkd.in/dypUkenb #fhmedia #foodpreneurshub #foodindustry #foodnews

Nestlé Introduces Paper Tub for Quality Street Nestlé is launching a paper-based tub for Quality Street chocolates this festive season, continuing its shift towards sustainability. This follows their earlier efforts with Smarties and paper wraps, which have diverted billions of plastic wrappers from landfills. In partnership with Smurfit Westrock, the new carton retains the classic shape and color while reducing virgin plastic use. Available at select Tesco stores, the paper tub also enhances transportation efficiency. Read more about Nestlé's eco friendly initiatives: https://lnkd.in/dragv-7V #foodindustry #nestle #sustainability #fhmedia

NIGERIA - Flour Mills of Nigeria Plc (FMN), one of Nigeria's leading food and agro-allied companies, has revealed plans for a dual listing on the Nigerian Exchange (NGX) and an additional stock exchange. The move comes as part of a restructuring aimed at fostering long-term growth and expanding the company's footprint across Africa. In an interview, FMN Chairman John Coumantaros emphasized the company's commitment to increasing investments in both Nigeria and other parts of Africa. “Our pan-African food business will likely feature a dual listing on the NGX and another stock exchange,” Coumantaros stated. This dual listing is expected to follow the company's ongoing reorganization efforts. Restructuring and temporary delisting As part of its restructuring plan, FMN recently secured regulatory approval to buy out its minority shareholders through a scheme of arrangement. This move follows the decision by its major shareholder, Excelsior, to go private, which will temporarily delist FMN from the NGX. However, Coumantaros assured stakeholders that the company will return to the market with a dual listing once the restructuring is complete. “The NGX will remain a crucial platform for our future, but first, we need to reorganize, retool, recapitalize, and refocus to ensure readiness for this strategic move,” he added. The restructuring includes streamlining FMN's 22 business units into five core companies, focusing on high-growth sectors, particularly sugar and food production. This realignment is aimed at attracting technical and financial partners to bolster FMN's growth strategy. As part of its expansion plan, FMN has announced that it will invest up to US$1 billion (₦758 billion) over the next four years to scale its operations across Nigeria. A significant portion of this investment—US$500 million (₦379 billion)—will be directed towards expanding its sugar business in Niger State. The company aims to boost production from the current 100,000 tons to over 400,000 tons annually. Read more about this initiative: https://lnkd.in/eQW4iCMk #fhmedia #foodpreneurshub #investinafrica

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Did you know that the number of Nigerians facing food insecurity has surged from 66.2 million in early 2023 to a staggering 100 million in 2024? This alarming statistic highlights a critical issue that demands urgent action. At Foodpreneurs Hub, we believe that innovative food entrepreneurs can be a driving force in addressing this crisis. That's why we're committed to empowering businesses and individuals working to improve food access and security in Nigeria. How we can help: - Mentorship: Our experienced team provides tailored guidance to help you grow your food business. - Marketing and Sales: We'll assist you in developing effective strategies to reach your target market. - Funding: We can help you secure the necessary funding to scale your operations. Click the link in bio or visit our website to learn more about our services www.foodpreneurshub.com #FoodSecurity #Nigeria #FoodEntrepreneurship