Latest Insights

Ambitious Arla remains patient with Africa - interview 14 Jun 2017

With the consumption of dairy products in western countries stagnant, the world's largest processors are ramping up investment in emerging markets. European dairy giant Arla Foods is still targeting growth in countries like the UK and Germany through investment in value-added innovation but it is increasingly investing in markets like China and Nigeria. Both feature in Arla's list of priority markets, drawn up in 2015 as part of the cooperative's Strategy 2020 business plan. Arla's executive vice-president of international operations, Tim Orting Jorgensen, talks to John Shepherd about the company's recent moves in Nigeria and how, despite the country's recent economic problems, the market is a springboard for the co-op's ambitions in the wider region.


Kellogg eyes long-term benefits of Africa investment 17 Sep 2015

US cereal giant Kellogg announced earlier this week it has entered into a joint venture agreement to step up its presence in Africa. Kellogg has partnered with Tolaram Africa, the local arm of Singapore-based conglomerate Tolaram Group. While the deal will not provide an immediate lift for Kellogg's struggling sales, it positions the company for long-term growth in a region of increasing importance for consumer goods companies. Katy Askew reports.


BRICs and beyond: Olam highlights Nigeria's potential 27 Jun 2012

Olam International's acquisition of Nigerian dairy group Kayass highlights the growing investment in the country. The move contributes to Olam's increasing presence in the Nigerian packaged food industry and the agribusiness giant intends to expand its food production base in the country further.

Latest News

Arla Foods to help further develop sustainable dairy industry in Nigeria 12 Sep 2019

European dairy cooperative Arla Foods has entered a commitment to help further develop a sustainable dairy industry in Nigeria. 


Nigeria's Sundry Foods backed by Norwegian PE firm Norfund 27 Aug 2019

Sundry Foods, a Nigerian foodservice supplier operating in the quick service restaurant (QSR) sector in its home market, has been backed by an investment business from Norway.


FrieslandCampina expands Nigeria dairy venture through incubator link 16 Jul 2019

Dutch dairy cooperative FrieslandCampina has extended a dairy venture in Africa through a tie-up with a locally-based incubator consortium.


New products - Mars takes Juicy Fruit to India; Kraft Heinz debuts spoonable smoothie; Caulipower launches blended chicken-and-cauliflower line; Oatly dairy-free ice cream hits US 21 Jun 2019

This week's batch of new products includes the latest developments from companies including Quorn Foods, Danone and Dairy Crest.


Olam International tables bid for Dangote Flour Mills 23 Apr 2019

Nigeria-based flour and pasta supplier Dangote Flour Mills has attracted takeover interest from one of the world's largest agri-food businesses.


Coca-Cola finalises acquisition of Nigerian firm Chi 31 Jan 2019

Coca-Cola Co. has finalised the purchase of a business in Nigeria manufacturing soft drinks and "value-added dairy beverages".


Coca-Cola on-track to buy Nigerian dairy firm Chi outright 21 Sep 2018

The Coca-Cola Co. has confirmed it is set to complete a 100% takeover of Nigerian dairy and soft drinks business Chi within the next six months.


Kellogg exercises option for stake in joint venture Tolaram Africa Foods 4 May 2018

Kellogg is investing US$420m to boost its interest in a joint venture with packaged foods manufacturer Tolaram Africa Foods as the US-based firm seeks a bigger contribution to growth from emerging markets.


PZ Cussons puts Nutricima milk business under review amid Nigeria constraints 16 Mar 2018

PZ Cussons is reviewing its Nutricima milk business in Nigeria amid ''intense competition''.


Dangote sells batch of assets to De United Foods Industries 16 Nov 2017

Nigerian food company Dangote Flour Mills has struck a deal to sell parts of its noodle business to local peer De United Foods Industries.