AFRICAN & MIDDLE EAST NEWS
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Nigerian rice prices fall by 32% due to oversupply, weakening supplier margins: Platts
The sharp fall in Nigerian market prices is squeezing traders who held long positions earlier in the year expecting carry-over Q2-Q3 price strength.
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Al Ghurair Foods launches industrial food ingredients portfolio at Gulfood Manufacturing 2025
Al Ghurair Foods expands into value-added B2B ingredient supply and announces major food processing investments in Abu Dhabi’s KEZAD.
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Fourth Milling Co. Q3 profit jumps 10.7% on surge in flour sales
Fourth Milling Co. said this growth was primarily driven by a 16.6% increase in flour sales volumes, which offset a decline in feed and bran revenues.
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Zimbabwe lifts maize import ban but imposes sourcing quota
South Africa’s Minister of Agriculture John Steenhuisen welcomed the lifting of the ban, saying that the move marked a return to sound economic principles in the Southern African region.
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Morocco intensifies food safety enforcement on flour mills as subsidy controversy escalates
The operations followed extensive inspections and sampling campaigns across markets and sales points, with 577 samples tested this year alone.