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AFRICAN & MIDDLE EAST NEWS
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Sonacos to invest US$21M in cashew processing to reduce overreliance on groundnut for edible oil production
SENEGAL – The Senegalese National Oilseed Marketing Company (Sonacos) plans to invest between 10 and 13 billion CFA francs (US$16 to 21 million) to support…
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Egypt adopts plan to increase edible oil production as imports hit 97%
EGYPT – Egypt plans to reduce import volumes of plant-based oils which stand at 97% by increasing production in a bid to meet the local…
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Bühler to expand the Trainee and Intern Development Program to bridge the technical skills gap in Nigeria
NIGERIA – Swiss technology group Bühler is set to expand the Trainee and Intern Development Program at Bühler’s office in Lagos in an effort to…
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Kenyans may soon enjoy affordable wheat prices but maize prices to remain elevated due to delayed imports
KENYA – A bulk carrier has docked at the port of Mombasa with Russian wheat of undisclosed capacity that may herald the era of lower wheat…
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CFI Holdings records 39.4% jump in profits driven by Victoria Food’s impressive performance
ZIMBABWE – CFI Holdings, an agro-trading giant, has reported a revenue jump of 39.4% in the financial year that ended September 2022 thanks to an…