AFRICAN & MIDDLE EAST NEWS
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Load shedding could be the final nail in the coffin for many bakeries in South Africa: SACB Director
SOUTH AFRICA-South Africa’s inconsistent power supply combined with the impact of rising input costs have led to an 18% increase in white and brown bread…
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AfDB, Canada launch fund to support Africa’s small and medium-sized agribusiness enterprises
AFRICA-The African Development Bank Group (AfDB) and the Canadian government have announced a special fund to support Africa’s small and medium-sized enterprises (SMEs) in the…
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Bahrain opens US$12M grains factory in a step forward to achieving sustainable food security
BAHRAIN – Bahrain, one of the Arab Kingdoms in the Middle East, has taken a major step towards achieving sustainable food security with the inauguration…
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Angola food import bill jumps to US$2.8B driven by rice, wheat, and palm oil imports
ANGOLA – Angola’s food import bill jumped to US$2.8 billion in 2022 thanks to a significant jump in food prices in the international market, Statistics…
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Baking and dairy ingredients specialist Synercore secures US$4.7M from Norfund to fund expansion plans
SOUTH AFRICA – Norfund, the Norwegian investment fund for developing countries, is investing ZAR 80M (US$4.7M) in convertible debt in the expansion plans of Synercore…