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.
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.
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, 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.
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.
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.
Researchers have found great preservation results for highly perishable fruit by coating them in a nanocomposite “egg wash”.
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.
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.
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.
PR & COMMUNICATIONS
Tel: +27 82 954 7833