LATEST NEWS
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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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India export prices stay high on strong demand as local supplies dry up
INDIA – Rice export prices from India have hit their highest level since April 2021, benefiting from firm demand, stretched supplies, and elevated rates in…
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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…
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Tiger Brands appoints Pieter Craill as new Finance Director for cereals
SOUTH AFRICA – South African packaged goods company Tiger Brands has appointed Pieter Craill as the Financial Director for cereals effective from 1 February 2023.…