June 2023
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FAO food price index dips a two-year low in May amid significant price drops in cereals and vegetable oils
GLOBAL – The United Nations’ Food and Agriculture Organization’s (FAO) Cereal Price Index declined nearly 5% in May, its lowest in two years, underpinned by…
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Agricultural biological solution provider Andermatt enters Kenya, sets up an office in Naivasha
KENYA – Andermatt, a leading Swiss biological agricultural product manufacturer, has set up a new office in Kenya as it seeks to spread across Africa…
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Tingo Group grants US$6.5m to boost rice and wheat cultivation in Nigeria
NIGERIA –Tingo Group, a global Fintech and Agri-Fintech group of companies has provided a US$6.5 million loan facility to the All-Farmers Association of Nigeria (“AFAN”)…
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Jana Partners files lawsuit against Freshpet over breached fiduciary responsibilities
USA- Activist investor Jana Partners’s fire on New Jersey-based Freshpet intensifies as it files a lawsuit alleging the pet-food company breached its fiduciary duties. The…
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Russia continues to limit grain shipments from Ukrainian ports, Hungary asks EU to continue import curbs
UKRAINE- Ukrainian officials say that Russia continues to block the recently renewed Black Sea Grain Initiative by halting the registration of ships to all Ukrainian…