AFRICAN & MIDDLE EAST NEWS
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Upper Egypt Flour Mills 9-month standalone profit rises by 11.38%
EGYPT – Upper Egypt Flour Mills (UEFM), an Egypt-based public shareholding company engaged in food processing has reported an 11.38% year-on-year (YoY) increase in its…
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Nigeria raises import tariffs on rice and wheat as part of ECOW CET (2022-2026) review
NIGERIA – The Federal Government of Nigeria has revised Import Adjustment Tax (IAT) as part of the implementation of the Economic Community of West African…
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Over 100,000 Kenyan employees in the edible oils sector risk losing their jobs on the backdrop of duty-free imports
KENYA – The Kenyan Association of Manufactures (KAM) has expressed fear that over 100,000 Kenyans in the edible oil manufacturing sub-sector, including nuts and oil…
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Morocco maintains as the largest importer of wheat from the European Union for 2022/23
MOROCCO – The European Commission report has highlighted that Morocco remains the largest importer of wheat from the EU for the 2022/2023 agricultural campaign, the…
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Nigeria’s wheat production to jump 42% high owing to FMAN initiative in boosting local production-USDA
NIGERIA – Nigeria’s wheat production is forecast to increase by 42% in the 2023-24 marketing year primarily due to a memorandum of understanding signed by…