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Milling & Grains – INVESTMENTS, FUNDING & M&A
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CIMMYT, KALRO launch US$1M wheat research facility to boost Kenya’s wheat production
The facility is set to significantly improve disease resistance, accelerate wheat breeding, and enhance yields, as the country seeks to reduce its 80% dependency on wheat imports.
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Philippines cooperative opens major feed mill in Luzon
The facility is equipped with two corn silos holding a combined 12,000 metric tons of corn and space for 480,000 sacks of feed.
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Etihad to launch 4,500-ton-per-day high-tech flour mill in Iraq
The mill features six advanced production lines, all sourced from the renowned Swiss manufacturer Bühler.
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Oman Flour Mills issues Sultanate’s first Islamic Commercial Paper, raising US$26M
The ICP issuance was met with robust market interest and was oversubscribed by 1.4 times, a clear indication of investor confidence.
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Senegal, Belgium sign US$6.9M grant agreement to boost food crop production
According to a statement from the Ministry of Agriculture, the three-year project will be implemented in the Peanut Basin, which occupies 57% of Senegal’s arable land.