Financials & Economy
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Viterra partly credits Gavilon acquisition for stellar 2022 performance
NETHERLANDS- Viterra experienced its most successful year on record in 2022, partly due to favorable market conditions, record production in major export regions, and completing…
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LDC credits diversified global footprint for resilient Grains & Oilseeds 2022 results
NETHERLANDS – Louis Dreyfus Company (LDC) credits its diversified global footprint for the resilient performance of Grains & Oilseeds platform in 2022 as it reported…
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Kenya maize subsidy scheme turns sour as legislators accuse millers of breaching supply contract
KENYA – Kenyan legislators have accused millers of breaching the subsidy deadline deal, a situation which might delay payment of KES2.9 billion (US$22 million) which…
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South Africa’s Premier Group revives plans to list on the Johannesburg Stock Exchange
SOUTH AFRICA – South African food producer Premier Group has announced plans to list in the Johannesburg Stock Exchange (JSE) with the intention of raising…
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Egyptian snacks giant Edita Food records US$31.3M in net profits for 2022
EGYPT – Edita Food Industries (EFI), Egyptian snacks giant, has more than doubled its net profit for the fiscal year 2022 which ended on December…