The African Development Bank (AfDB) Group has approved a $134 million loan for the National Agriculture Growth Scheme – Agro Pocket program in Nigeria to scale up food production and …
Food Production
-
AfricaAgricultureBanking, Finance & InvestmentEconomyFood ProductionNigeriaWestern Africa
-
AfricaAgricultureEastern AfricaFood ProductionKenya
Coffee prices rally on high demand as tea record marginal decline
The commodity markets registered a mixed fortune in the latest auction with coffee prices rising for a second time in a row while tea fell marginally. According to the Nairobi …
-
AfricaBusinessEastern AfricaFood ProductionKenyaNewsTrending Today
State eases maize flour prices to Sh100 until elections
The government has subsidised the price of maize flour to Sh100 for a two-kilogramme packet in a deal with millers aimed at diffusing public outrage over the high cost of …
-
BusinessFood ProductionSouthern Africa
Tiger Brand’s Cape fruit factory to remain open for upcoming season
Tiger Brand’s Langeberg & Ashton Foods (L&AF) deciduous fruit factory, owned by JSE-listed fast moving consumer goods giant will remain open for another season, allowing the group as well as …
-
BusinessFood ProductionGlobal NewsSpotlightTrending Today
Former McDonald’s reopened in Russia, faces shortage of fries
Excitement was on the menu when former McDonald’s restaurants reopened in Russia last month under new management and branding, but the successor to the golden-arched throne has a problem: a …
-
Kenya’s economy continues to recover from the effects of the COVID-19 pandemic after its GDP grew by 6.8 percent in the first three months of 2022 aided mainly by the …
-
BusinessEconomyEntrepreneurshipFood Production
Frenchman shuts startup Kune after failing to raise Sh30m for operations
Kune, a Kenyan food start-up founded by Frenchman Robin Reecht in 2020, has closed its doors after failing to raise Sh30 million from a French investor for operations amid rising …
-
BusinessFood ProductionSouthern Africa
Coca-Cola argues that retrenchment process was necessary at the time
The Competition Appeal Court has ruled that CCBA, a manufacturer, bottler and distributor of Coca-Cola, breached a merger condition when it cut the jobs in 2019 and had it not …
-
Kenyan-based cloud kitchen Kune foods has shut down operations barely a year after its launch with its founder and Chief Executive Officer Robin Reecht blaming the “economic downturn and investment …
-
AgricultureBusinessEconomyFood ProductionINVESTMENT
Traders Begin to Import Maize to Address Shortages
Kenya has begun importing maize to address a biting shortage that has left 3.1 million people in arid and semi-arid lands without enough food. Most of the maize consignment is …