Ethiopia aims to wean local millers off state budgetary support and improve local production by selling eight sugar factories. This week, the government announced Ernst& Young LLP will advise on the …
Food Production
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AgricultureEthiopiaFood Production
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AfricaAFRICA NEWSAgricultureBusinessEconomyFood ProductionNewsNigeriaTechnologyWestern Africa
Nigerian government launches policy to aid agricultural development
The Federal Government of Nigeria has inaugurated a six-year national agricultural technology and innovation policy (NATIP) from 2022 to 2027 to enhance agribusiness in the country. This document was inaugurated by the …
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Morocco’s reserves of wheat can sustain the country for six months, after being affected by this year’s diminished domestic output, Moulay Abdelkader El Alaoui, the President of the National Wheatmill Federation …
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AfricaAFRICA NEWSBusinessFood ProductionGlobal NewsNestleNewsSpotlight
Nestle launches Vegan chocolate, targets 15 European countries
Nestle SA, the Swiss food giant, is launching KitKat V, a plant-based version of one of the world’s most popular chocolate bars, from Friday with a rollout planned across 15 …
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AfricaAFRICA NEWSAgricultureBusinessFood ProductionNewsNigeriaWestern Africa
Olam Agri appoints new country head in Nigeria
Olam Agri, a leading agribusiness in food, feed, and fibre, has appointed Ashish Pande as the new Country Head in Nigeria, effective 23rd September 2022. Ashish has been instrumental in establishing Olam Agri’s animal feed business, …
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AgricultureBusinessEastern AfricaFood Production
Sugar Production Rises by 15% Between January And July
Sugar production between January and July increased by 15% when compared with a similar period last year, compelling the sector regulator to cut imports by nearly half last month. Data …
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AfricaAFRICA NEWSBusinessEconomyEgyptFood ProductionNewsNorth AfricaNorthern Africa
Value of Egyptian non-oil exports drop by 18.3%
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022, in spite of the increase in the total …
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BusinessEastern AfricaFood ProductionManufacturing & Consumer Goods
Kenya firms feel acute inflation bite
Runaway inflation, new taxes and depreciation of the shilling have hit hard manufacturers of fast-moving consumer goods, who are now warning of reduced profitability which will lead to job losses. …
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AfricaAgricultureBusinessEconomyFood ProductionNewsNigeriaWestern Africa
Farm gate purchases: FGN sets up committee to implement ban on foreigners
The federal government of Nigeria has set up an inter-ministerial standing committee to oversee the implementation of a memo on the “Promotion of Agri-Business in Nigeria through Right Farm Gate …
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AfricaAFRICA NEWSBusinessFood ProductionGhanaNewsWestern Africa
Ghana EXIM Bank launches ‘Coconut for life’ project to boost production
Ghana Export-Import (EXIM) Bank has embarked on a GH¢ 30 million “Coconut for Life” project targeted at increasing the country’s coconut production. Under the project, 50,000 to one million nuts …