AFRICAN & MIDDLE EAST NEWS
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Gavin Hudson resigns as Tongaat Hulett CEO amid delayed business rescue plan
SOUTH AFRICA-Gavin Hudson has resigned as CEO of Southern Africa’s biggest sugar group Tongaat Hulett effective February 28 adding another blow to the company’s business…
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South African prices for frozen potato chips set to fall as anti-dumping duties lapse
SOUTH AFRICA-The anti-dumping tariffs on French fries placed on three European countries by the International Trade Administration Commission of South Africa (Itac) have lapsed creating…
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Nambu Group secures funding to upgrade and expand alternative protein production facilities
SOUTH AFRICA- Nambu Group, a speciality in converting food waste into high-value protein feed has secured funding from South African Impact investor E Squared Investments…
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Almost all of Africa’s maize crop is at risk from devastating fall armyworm pest, study reveals
AFRICA-Fall army warms (Spodoptera frugiperda) continue to endanger the majority of Africa’s maize crops according to new research published in Frontiers in Insect Science journal.…
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AFEX annual commodity outlook forecasts global maize prices to decline by 8% in 2023
NIGERIA – Global maize prices will decrease by 8% while prices for wheat, which were anticipated to rise by 36% in 2022, will slightly fall…