August 2023
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Nestlé earmarks over US$500M to expand its footprint in India by 2025
INDIA – Maggi noodles manufacturer, Nestlé has revealed plans to invest Rs42bn (US$507.5m) in its business in India between 2023 and 2025. The Swiss giant…
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Morocco pursues cheaper wheat with new changes in import subsidy policy
MOROCCO – The National Interprofessional Office of Cereals and Legumes (ONICL), Morocco’s market watchdog for grains, has announced that it is revising down grain subsidies…
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Sarrai Group subsidiary Ustawi Grain Millers acquires TSS Millers
KENYA – Ustawi Grain Millers Limited (UGML), a subsidiary of Sarrai Group has acquired the assets of Mombasa-based Tahir Sheikh Said Grain Millers Limited (TSS)…
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Zambian Food Reserve Agency to buy 2.6M bags of maize from farmers in Muchinga
ZAMBIA – the Food Reserve Agency (FRA) is targeting to buy about 65,000 metric tonnes (2.6 million x 50 kg bags) of maize from farmers…
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Zimbabwe’s Seed Co restructures its business model to cope with impacts of exchange losses
ZIMBABWE – Zimbabwe’s largest seed producer Seed Co Limited is on course of restructuring its business model in a bid to offset the adverse impacts…