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AFRICAN & MIDDLE EAST NEWS
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Zimbabwe Mercantile Exchange to introduce futures trading, enhancing market stability
By implementing futures trading, ZMX seeks to offer both farmers and off-takers, such as millers, a tool for better financial planning and risk management.
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Les Moulins d’Afrique achieves FSSC 22000 Certification, strengthening its market position
FSSC 22000 is recognized by the Global Food Safety Initiative (GFSI) and attests to the application of best risk management practices throughout the production chain.
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Kenya faces 45% surge in maize prices amid supply concerns
The maize shortage is driving up costs, affecting both consumers and the livestock sector.
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Malawi’s maize prices plunge 19% offering economic relief to citizens
The price drop has been fueled by the influx of freshly harvested maize, with new stock entering the market at US$ 28.82 to US$ 34.58 per 50kg bag.
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Ethiopia to enforce mandatory fortification of edible oils, flour to combat micronutrient deficiencies
This initiative aligns with Ethiopia’s broader efforts to enhance food safety, quality, and nutritional standards.