Investment

Image source: GettyImages/z_wei

Ingredients sector tops food and drink M&A

By Flora Southey

An average of 15 food and drink acquisitions were recorded every week of 2019, according to Zenith Global. The ingredients sector was the most active, with 65 transactions listed worldwide.

The EU is funding a project to get the Kenyan cashew nut industry back on its feet. Pic: ©GettyImages/kolesnikovserg

EU helps Kenya revive cashew nut industry

By Gill Hyslop

The European Union (EU) is investing Ksh236m ($2.4m) to help Kenya revive its once thriving cashew nut industry that collapsed more than three decades ago.

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