INDUSTRY NEWS
Afreximbank to provide US$400mn to boost food security in Africa
The African Export-Import Bank (Afreximbank) has approved a US$400mn revolving credit facility for the Export Trading Group (ETG), to support agri-food supply chains in Africa amid disruption caused by Covid-19.
World Food Day 2020
The COVID-19 pandemic changed everything – including what and how we eat. Some people faced long lines at supermarkets, others couldn’t buy food at all.
Food retailers commit to reduce food waste
Leading food retailers in South Africa have asserted their commitment to initiatives that reduce food waste in their businesses, during the launch of the Food Loss and Waste Voluntary Agreement, on Tuesday.
Introducing a South African staple in RTE format
South Africa’s ubiquitously consumed mealie/maize meal porridge/pap/putu has entered the ready-to-eat food market in the innovative form of Papstix, pre-packaged rolls filled with a tasty relish centre.
Health and wellness trend refreshes beverage innovation
Consumer interest in healthier diets is translating into healthy beverage innovation, with functional drinks and alcohol alternatives on the rise, as well as lower alcohol wines, beers and spirits.
Navigating the new hygiene standards in retail
On a global scale, consumer facing industries have had to take exceptional precautions in a time of rapid change with business, people, processes and stakeholders retuning to adopt new approaches that will likely change retail management as we know it forever.
Yebo Fresh township food delivery service is booming
Yebo Fresh, a tech-driven food delivery company catering exclusively to Cape Town townships, has expanded rapidly under lockdown. The two-year-old company that started in a Hout Bay garage now occupies a massive warehouse and is delivering thousands of grocery items and hampers into nine Western Cape townships.
Covid era creates new opportunities in old categories
There are certain eating occasions, products and dishes that we know and love – but that doesn’t mean we don’t want to shake them up. Therein lies a world of potential for innovative brands and retailers to explore.
V&A’s food theatre concept gets R63m investment
The V&A Waterfront will launch a Food Theatre concept, Maker’s Landing, at the Cape Town Cruise Terminal area, this December following a R63 million investment in partnership with the National Treasury’s Jobs Fund, which is putting up R15m to the V&A’s R48m to develop the new food neighbourhood.
Global food prices continue to rise in July
According to a United Nations report, global food prices continue their upward trajectory for the second consecutive month in July, led by vegetable oils and dairy products.
A novel, effective way to keep produce fresh? Put an egg on it.
Researchers have found great preservation results for highly perishable fruit by coating them in a nanocomposite “egg wash”.
Food giants appointing teams to focus on plant-based products
Forty percent of “leading” food firms, including Kroger, Tesco, Nestle and Unilever, now have dedicated teams focused on plant-based products, according to new research from collaborative investor network the FAIRR Initiative.
New Hunter’s Chilled Non-alcoholic means you can drink a cider wherever, whenever
Hunter’s has launched its first new variant in three years, and this time it’s looking to shake up the non-alcoholic cider category with Hunter’s Chilled Non-alcoholic.
From bioprinting lab-grown meat in Russia to Beyond Meat in the US, KFC is embracing the future of food
From a partnership with the Russian company 3D Bioprinting Solutions to make chicken meat replacement using plant material and lab-cultured chicken cells to an expansion of its Beyond Fried Chicken pilots to Southern California, KFC is aggressively pushing forward with its experiments around the future of food.
Silver linings: SA foodbev sector could emerge stronger from pandemic
Some views from SA beverage and food businesses on how the Covid-19 pandemic has forced mindset changes and innovation to improve operations, and could even catalyse innovation and growth in future.
LEIGH ANGELO
PR & COMMUNICATIONS
Tel: +27 82 954 7833
Email: Leigh@tradeprojects.co.za
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