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Africa
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Ghana’s rice production to increase by 16% in 2023/2024 as the import demand contracts in Sub Sahara Africa
GHANA – Paddy rice production in Ghana is expected to stand at 1.1 million tonnes in the 2023/24 rice season which starts in April, according…
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Ayodeji Balogun steps up to become AFEX Group CEO, focuses on growing firm to billion dollar status
AFRICA- Ayodeji Balogun, the Group CEO of Africa’s leading commodities market player, AFEX, has taken up an enhanced role at the Group, as the company…
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Food crisis may persist in low and middle-income countries despite ease in global shocks-FAO
AFRICA – Households will continue digging deeper in their pockets to afford a meal of maize, rice, or even wheat as cereal prices cease to…
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Commodity trader Cargill seeks warehouse receipt operator permit in Kenya to curb post-harvest losses
KENYA- Global commodity trader Cargill is seeking certification as a warehouse receipt operator, becoming the first foreign multinational to put in the request after the…
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African Development Bank to mobilize US$10 billion to boost food production in Africa
AFRICA – The African Development Bank (AfDB) is on track to mobilize 10 billion USD over the next 5 years to increase food production and…