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Financials & Economy
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Africa Food and Agribusiness Sector’s worth to reach US$1 trillion by 2030: AfDB
AFRICA – The President of the African Development Bank, Dr. Akinwumi Adesina, shared an ambitious vision for Africa’s food and agribusiness sector, estimating its worth…
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First Mills records revenue growth, but net profit declines
SAUDI ARABIA – First Mills, a leading milling company in Saudi Arabia, saw its revenue increase by 4.5% during the first nine months of the…
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DSM-Firmenich Taste and Health & Nutrition business shows resilience amidst record low vitamin prices
NETHERLANDS – In its latest business report, DSM-Firmenich’s Taste and Texture and Health (TTH) segment reported a 5% decline in organic sales in Q3. Enzymes,…
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Nigeria’s Honeywell Flour Mills sustains 52% loss on lower sales, higher costs in H1-2023
NIGERIA – Honeywell Flour Mills Plc, one of Nigeria’s leading flour mills and a subsidiary of the Flour Mills of Nigeria has sustained a loss…
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Ardent Mills saw flat net sales in the first quarter of fiscal year 2024
USA – Ardent Mills, one of the largest milling companies in the United States recorded flat net sales in the first quarter of fiscal year…