Oilseeds & Edible oil
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Bulgaria introduces embargo on Ukrainian sunflower imports
BULGARIA- Bulgaria has reportedly yielded to pressure from local farmers by implementing an import ban on sunflower seeds from Ukraine. Speaking at a press briefing…
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EBRD provides US$20M loan to boost Egypt’s edible oils maker Afia International
ETHIOPIA – The European Bank for Reconstruction and Development (EBRD) is bolstering Egypt’s agribusiness sector with a US$20 million loan to Afia International, a prominent…
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Tunisia forecasts earning up to US$957M from its olive oil shipments in 2022/2023
TUNISIA – The olive industry in Tunisia, the world’s leading exporter of olive oil outside the EU, is expected to earn up to 3 billion…
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Tanzania targets to export processed cashew nuts by 2026/27
TANZANIA – Tanzania is targeting to export processed cashews by 2026/27 instead of transporting raw cashew nuts outside the country according to The Citizen TZ.…
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A surging soybean market stirring tensions between edible oil processors and exporters in Ethiopia
ETHIOPIA – Ethiopian edible oil processors have raised an eyebrow at soybean exporters, blaming them for bidding up prices and depleting local supply. This comes…