Nigeria to commission Africa’s first automated rice seedling factory in Calabar

NIGERIA – Nigeria’s President Buhari is set to commission Africa’s first automated rice seed and seedlings factory in Calabar, Cross River State as part of the country’s initiative to agricultural diversification. The factory is located […]

Reserve Bank releases US$20m for 200,000 tons of wheat imports

ZIMBABWE – The Reserve Bank of Zimbabwe (RBZ) has released US$20 million for importation of wheat from Canada and Germany to supplement the insufficient national wheat stocks. This was as requested by millers following poor […]

Footprint to Africa stakes US$16.68m in new yam and plantain processing plants

NIGERIA – The premium African news media and investment company, Footprint to Africa has invested more than US$16 million for new yam and plantain processing plants in order to enhance food security in Nigeria. The […]

IFC invests US$25m in KazFoodProducts food processing group

ASIA – The International Finance Corporation (IFC), a member of the World Bank Group is investing US$25 million in KazFoodProducts LLP food processing group of companies operating in grain milling and confectionary sectors. The investment […]

ADM, DuPont partner to produce and market cellulose enzyme

USA – Archer Daniels Midland Co. (ADM), the global food processing and commodities trading corporation has announced a collaboration with DuPont Industrial Biosciences to develop, produce and market cellulose enzymes for operators of grain-based ethanol […]

Tetra Pak and Yili launch the first drinking yoghurt with large fruit and cereal pieces

CHINA – Tetra Pak, the multinational food manufacturing and packaging company, has announced that it has helped Yili, a leading Chinese dairy manufacturer, to produce the world’s first drinking yoghurt with large fruit and cereal […]