Kenyan manufacturers are quietly downsizing their packages and product sizes without lowering prices as they embrace shrinkflation in the wake of a sharp rise in the cost of production. A Business …
Food Production
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AfricaAgricultureBusinessFood ProductionNigeriaWestern Africa
Notore records N26bn Revenue, N2.6bn PBT
Notore Chemical Industries Plc, a vertically integrated agro-allied and chemicals business has recorded group revenue of N26.28 billion for the six-month period ended 30th June 2022. This translates to a …
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AfricaAgricultureFood ProductionINVESTMENTNewsNigeriaWestern Africa
Food security: US to invest $55m in Nigeria’s agric sector
The United States says it will invest an additional $55 million in Nigeria’s agricultural sector to support food security. The US embassy and consulate in Nigeria disclosed this in a …
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East African Breweries PLC (EABL) has reported Sh15.6billion in net profit for the full year ended 30 June 2022, a 124 per cent growth compared to Sh6.9billion posted in the …
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AgricultureBusinessFood ProductionGlobal News
Bustanica, World’s Largest Vertical Farm by Emirates Flights opens in Dubai
Bustanica, the world’s largest hydroponic farm, has become operational in Dubai.The facility was built with an investment of $40 million. Bustanica is the first vertical farm for Emirates Crop One, …
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AfricaAgricultureEastern AfricaFood ProductionKenya
Kenya keen on exporting black tea to Chinese market
Kenya is eager to commence the sale of black tea in China amid growing demand for the product in the vast Chinese market. This intention was made clear recently by …
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AfricaAgricultureAirtelEastern AfricaFood ProductionKenya
First miraa consignment set to leave for Somalia on Sunday
The first miraa consignment is expected to leave Kenya for Somalia Sunday, 24th July 2022. In a twitter post, the Agriculture and Food Authority (AFA) announced that Agriculture Cabinet Secretary …
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AfricaAgricultureBusiness and EconomyEastern AfricaFood ProductionKenya
Govt. releases Ksh 8B for maize subsidy programme in Kenya
Agriculture CS Peter Munya says the government has released Ksh 8 billion in order to finance the 4-week National Maize Flour Subsidy Programme announced Wednesday. The funds will allow millers …
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Rice farming in Ahero irrigation scheme has peaked a notch higher after the National Irrigation Authority introduced mechanized rice harvesting to the local framers. Nyanza Regional Coordinator for the National …
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Bread makers have said they would commence a four-day warning strike tomorrow, July 21 to protest the unbearable cost of doing business in Nigeria. In a statement on Wednesday, the …