Financials & Economy
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Viterra records 18% increase in revenue for half 1 of 2023
NETHERLANDS- Viterra’s revenue reached US$28 billion in the first half of 2023, up 18% from US$24.3 billion recorded in the first half of last year,…
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Dekel Agri-Vision records 6th consecutive month of stronger crude palm oil production
CÔTE D’IVOIRE – Dekel Agri-Vision PLC, a United Kingdom-based agro-industrial company with subsidiaries in Côte d’Ivoire, has announced that crude palm oil and palm kernel…
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RCL Foods posts 45% profit slump, attributes dismal performance to load-shedding, sugar levy
SOUTH AFRICA – RCL Foods has reported an annual headline earnings per share slump of 45%, attributing the dip to increased production costs, load-shedding, and…
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FMN suffers operation profit loss of US$12m despite impressive revenue
NIGERIA – Flour Mills of Nigeria PLC has recorded a sluggish operating profit due to a foreign exchange loss of N22.5 billion (US$29M) in the…
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Olam Group targets early 2024 for agricultural unit’s Singapore-Saudi dual IPO
SINGAPORE- Olam Group, one of the world’s biggest agricultural commodity traders, recently announced that it is targeting the Singapore-Saudi IPO of its agricultural unit by…