Wheat
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Wheat milling giant, Forafric, expands crushing capacity with acquisition of SIMS
MOROCCO – Forafric Global PLC, a leading Moroccan grain trader and processor, has acquired 90% of Societe Industrielle de Minoterie du Sud (SIMS), a soft…
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Nigerian bakers warn of an impending rise in bread prices as cost of production bites
NIGERIA – The Rivers State chapter of the Association of Master Bakers and Caterers in Nigeria has urged consumers in the state to prepare for…
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Turkish group MFB International invests US$168M in setting up flour mill and cocoa processing units in Côte d’Ivoire
CÔTE D’IVOIRE – The Turkish group MFB International has allocated 100 billion CFA francs (US$168 million) for the construction of cocoa and flour milling plants…
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Collapse of Black Sea Grain initiative spells doom to Egyptian economy
EGYPT – The collapse of the Black Sea grain initiative and the ensuing rise in global wheat prices is expected to add more strains on…
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AfDB grants Tunisia US$87M to bolster strategic grain storage capacity
TUNISIA – The African Development Bank (AfDB) and Tunisia have signed a loan agreement worth US$87.1 million (TND 267.56 million) to finance the Inclusive and…