Japan donates $1.8M to WFP in Mozambique to alleviate the food crisis
The Japanese government as reportedly donated USD 1.8 million (200 million in Japanese Yen) to the World Food Programme in the southern African nation of Mozambique to alleviate the food shortages tha....
Acadian Kitchens LLC buys USD 1.2 million building in Louisiana
Acadian Kitchens LLC, home to the Cajun's Choice Louisiana Foods™ and Ragin' Cajun Foods™, has reportedly acquired a 35,000 sq. ft. distribution and manufacturing facility in Lafay....
Canada-based TMRW Foods secures seed round investment of $2.6 million
Canadian plant-based food innovation firm, TMRW Foods, has reportedly secured a sum of $2.6 million in a seed round funding. The company’s mission is to redefine protein for the masses by develo....
Nestle introduces a new R&D accelerator program in Singapore
Nestle, the Swiss multinational food and drink processing conglomerate, has reportedly introduced a new research and development (R&D) accelerator in Singapore to propel and encourage innovations ....
UK food firms urge Gov to use prisoners to address worker shortages
Desperate UK food producers are reportedly requesting the Government of the United Kingdom to allow them to use prisoners to help address the acute labor shortage brought on by a combination of Brexit....
Nando’s UK forced to temporarily shut 50 shops citing supply shortages
The UK arm of Nando’s, a South Africa-based multinational restaurant chain, has reportedly announced that it would be shutting down about 50 of its store locations on a temporary basis after app....
Olam seeks to raise $2.8B from London IPO of its food ingredients unit
Olam International, a renowned agribusiness and food firm has reportedly announced that it plans to raise more than $2.8 billion by kicking off an initial public offering (IPO) of its food ingredients....
Australian startup Fable food secures $6.5 Mn AUD in a seed funding
Fable Food, a plant-based food startup from Australia that uses mushrooms to produce meat substitutes, has reportedly secured $6.5 million AUD in a seed funding round. The latest funds would be used f....
Deliveroo shares rise as Delivery Hero builds 5% stake in the rival firm
The online food delivery business has been on a rise ever since the outbreak of COVID-19 pandemic in March last year. Amidst this surge, various food delivery companies are striving to secure a positi....