Centurion, 31 October 2017 – Philafrica Foods, one of the largest food processing companies in South Africa, has announced its acquisition of a majority stake in The Dutch Agricultural Development & Trading Company’s (DADTCO) cassava processing activities. DADTCO has pioneered an innovative mobile cassava processing technology that is having a major positive impact on Africa’s […]
Newly formed food and feed processing company Philafrica sets out plans for expansion across Southern Africa, where it plans to invest $50-100m over the next two years, with the feed sector earmarked as a focus for growth. In an exclusive interview with this publication, Philafrica CEO Roland Decovret said: “Animal feed is by far the […]
Philafrica Foods, deel van die Afgri-groep, het ’n vennootskap met ’n Mosambiekse hoenderprodusent gesluit om die potensiaal in die bedryf te ontgin. Sowat 60% tot 70% van die hoendervleis wat in Mosambiek geëet word, word ingevoer en daar is dus groot geleenthede, sê mnr. Roland Decorvet, uitvoerende hoof van Philafrica. Die maatskappy het in ’n […]
Agricultural investment company Afgri is re-entering the poultry business through its subsidiary Philafrica Foods in a 50-50 joint venture in northern Mozambique. The recently launched Philafrica has earmarked up to R1.5bn for investment in agriculture and food processing in several African countries over the next 18 to 24 months. Its joint-venture partner in Mozambique, Novos […]
A partnership between South Africa’s Philafrica Foods and Mozambique’s Novos Horizontes aimed to improve chicken production and supply in the coastal country. Philafrica invested especially in locally sourced raw materials, while Novos Horizontes had provided inputs on credit to 250 smallholder broiler outgrowers, from which it purchased full-grown birds for slaughtering, processing, and marketing. But, […]
Philafrica Foods, a South Africa-based food processing firm owned by agricultural services company Afgri, plans to spend about ZAR 1bn to ZAR 1.5bn (USD 73.5m to USD 110m) over the next 24 months on food processing opportunities in Africa, Chief Executive Officer Roland Decorvet said. It is in the process of concluding a joint venture […]
Philafrica Foods (Pty) Ltd (“Philafrica Foods”), part of AFGRI Group Holdings, and one of the largest food processing companies in South Africa, has entered into a 50/50 joint venture with Novos Horizontes (“New Horizons”), an integrated chicken producer located in northern Mozambique. This forms part of Philafrica Foods’ planned investment of between R1 billion and R1.5 billion over […]
Centurion, 16 October 2017 – Philafrica Foods (Pty) Ltd (“Philafrica Foods”), part of AFGRI Group Holdings, and one of the largest food processing companies in South Africa, has entered into a 50/50 joint venture with Novos Horizontes (“New Horizons”), an integrated chicken producer located in northern Mozambique. This forms part of Philafrica Foods’ planned investment […]
Aanvraag sal teen 2030 verdriedubbel “Die vraag na voedsel in Afrika neem toe: Die mark vir voedsel en niealkoholiese drankies sal teen 2030 verdriedubbel en die middelklas sal van 123 miljoen tot meer as ’n miljard mense teen 2060 styg,” sê Roland Decorvet, uitvoerende hoof van Philafrica Food. Dié nuutgestigte maatskappy is deel van Afgri […]
Afgri Group subsidiary plans to invest $50m-$100m in agricultural processing in sub-Saharan Africa Philafrica Food, a recently launched subsidiary of agricultural investment holding company Afgri Group, says it plans to transform food processing in sub-Saharan Africa through investments of between $50m and $100m over the next 18 to 24 months. CEO Roland Decorvet […]
