AFRICAN & MIDDLE EAST NEWS
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NFRA, CPB on track to stock Tanzania grain reserves through local purchases
TANZANIA – The National Food Reserve Agency (NFRA) Sumbawanga Zone Office plans to spend 4.5bn/- (US$1.8M) to almost double the tonnes of maize to be…
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Tiger Brands devises a strategy to expand its footprint in SA’s informal trade
SOUTH AFRICA – Tiger Brands, one of South Africa’s largest food manufacturer companies has launched a strategy to capture the cash-flush informal economy by servicing…
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AfDB sets aside US$84.3M to bolster wheat self-sufficiency initiative in Ethiopia
ETHIOPIA – The African Development Bank Group (AfDB) has awarded grant funding worth US$84.3M for the implementation of Ethiopia’s Climate Resilient Wheat Value Chain Development Project…
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Angola plans to finance private-led projects as a strategy to boost rice production
ANGOLA – Angola intends to finance private-based rice production projects for young entrepreneurs and those interested in investing in the rice sector in Malanje, the…
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Tanzanian imposed trade guidelines cause ripples, chops Kenya imports 30%
KENYA – Data collated by the Central Bank of Kenya (CBK) indicate that the value of Kenya’s goods imports from Tanzania plunged 31.12% year-on-year to KES…