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AFRICAN & MIDDLE EAST NEWS
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Saudi Arabia secures 621,000 tons of wheat in international tender
The wheat, with a protein content of 12.5%, is scheduled to arrive between August and October 2025
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Kenya’s Kisumu county leases US$230,000 rice mill to spur local production
As of December 2021, Kisumu County recorded a harvest of roughly 19,000 metric tons of paddy rice from 6,500 hectares, supporting nearly 12,000 farming households
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Zeenab Foods redeems US$2.65M in commercial paper demonstrating strong liquidity, investor confidence
The successful CP redemption follows a similar early settlement of N1.6 billion (US$1.23 million) under Series 1 (Tranche A) in September 2024
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Tiger Brands begins settlement process for historic Listeriosis food safety crisis
The offer is subject to certain conditions and has been made without admission of liability, and in full and final settlement of the claims of the claimants.
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Africa food ingredients market size projected to reach US$3B by 2034
Multinational corporations are gradually establishing local partnerships in the region to meet local demand and navigate the complex regulatory environment.