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AFRICAN & MIDDLE EAST NEWS
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North Cairo Flour Mills reports 11% drop in annual profit despite strong quarterly gains
Despite the annual profit dip, net profit for the quarter surged by 42.3% to EGP 10.409 million (US$335,000).
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Wilmar acquires 50% stake in PZ Wilmar deal from PZ Cussons plc for US$70M
Wilmar is set to assume full ownership of PZ Wilmar.
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Senegal develops national wheat strategy to reduce imports
It will also address key challenges such as productivity, local processing capacity, and environmental sustainability.
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Ivory Coast secures US$1.2M to accelerate digital transformation of rice sector in pursuit of self-sufficiency
The initiative aims to modernise the entire rice value chain by integrating digital tools that improve efficiency, transparency, and farmer support.
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Dislog Group acquires iconic Sundy snack brand from Nestlé
The acquisition reflects Dislog’s commitment to cultivating a robust collection of well-loved consumer brands.