Silvertree Holdings invests growth capital in South African skincare brand SKOON
Investment growth company Silvertree Holdings has invested growth capital into South African skincare brand SKOON. The investment of money and resources signals Silvertree’s expansion into the consumer product market, with the company offering SKOON operational...
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UK travellers warned not to take CBD-based beauty products to UAE
The British government has warned UK holidaymakers to leave CBD-based beauty products at home when travelling to the UAE, according to a report published by CNN. “Some skin care products and e-cigarette refills may contain ingredients that are illegal in the UAE, such...
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Symrise to launch R&D facility in Nigeria
Symrise is set to launch a new laboratory in Nigeria, according to a report published by Vanguard. Located in Lagos, the R&D facility will open at the end of this week, and represents an increased commitment to the East African market as well as providing the...
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Turkey’s first olive oil museum housed in former soap shop
Turkey's first museum for olive oil, Adatepe Olive Oil Museum welcomes some 50,000 visitors a year, according to a report published by Hurriyet Daily News. Located in the Cannakkale province in the north-west, the museum charts the history of this Mediterranean staple...
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Ex Frutarom chief steps down from CBD firm
The former CEO of flavors and fragrance giant Frutarom, Ori Yehudai has resigned from his role of Executive Chairman at Sade Group, according to a report published by Globes. Yehudai joined the CBD manufacturer in May. Globes reports that it is not known whether the...
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We want to become a shea hub: Nigeria reveals ambitious plans for shea farmers
The Nigerian government is hoping to transform the country into a ‘shea hub’, exporting high quality shea butter and shea-based products in order to boost employment and the economy, according to a report published by The Nation. At present the country accounts for...
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Egypt to tighten toy standards, including make-up
Egypt’s Organization for Standards and Quality is reviewing its standards for children’s toys, according to a report published by Chemical Watch. The new regulations set updated migration limits that apply to toys that have a reasonable chance of being placed in a...
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East African Community drafts cosmetics standards for members
The East African Community (EAC), which consists of Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda, has drawn up a set of regulations governing the cosmetics industry, according to a report published by Chemical Watch. The trade bloc’s draft rules sets out a...
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Solabia takes majority stake in Israeli Algatechnologies
French biotech firm, Solabia has acquired an 80 percent stake in Israeli Algatechnologies from Grovepoint and JCA Charitable Foundation, according to a report published by Globes. Terms of the deal were not disclosed, but the deal is estimated at around US$80 to 100...
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Not on my watch: Ugandan Cabinet oppose medical cannabis plan
The Ugandan First Lady, Janet Musevani and her cabinet have spoken against a decision to allow an Israeli company to grow marijuana for medical use in the country, according to a report published by All Africa. Musevani dubbed the suggestion that cannabis be...
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