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Soybean
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Nigeria plans to double soybean cultivation by 2027 to reduce edible oil imports
Faced with rising demand from the edible oil and animal feed industries, Nigeria is pivoting to a new growth strategy.
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China injects US$250M to grow soybean, corn in Angola as it cuts US import dependence
60% of production is expected to be exported to China, with the remaining portion earmarked for local consumption.
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Bakhresa launches US$100M cooking oil refinery in Malawi, targets 150,000MT soya market
The refinery, with a daily crushing capacity of 500 metric tonnes (MT) plans to purchase up soya beans from local producers.
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EU approves new GM soybean for food and feed use
While the GM soybean can now be imported, processed, and used in food and feed products across the EU, its cultivation remains prohibited
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China opens market to Ethiopian soybean meal in strategic trade shift
By reducing its reliance on traditional suppliers such as Brazil, Argentina, Russia, and Uruguay, China aims to secure more stable and diverse feed protein sources