AFRICAN & MIDDLE EAST NEWS

Both countries are increasing investment in wheat production as they work to cut imports and improve local supply, although high production costs still limit competitiveness.

The new agreement aims to cut imports by improving seed development, grain quality and support for farmers as demand from breweries continues to rise.

Lower global wheat prices, stronger local production and rising private sector imports are expected to reduce Egypt’s wheat purchases in the coming marketing year.

The company reported record sales volumes and stronger revenues in its first annual report as an independent business while continuing to expand its global footprint.

The five year plan aims to create more than two million jobs, raise farm incomes and increase investment in Kenya’s food system.