Afgri’s food unit takes aim at Africa’s food industry

SOUTH AFRICA - Philafrica Food, a recently launched subsidiary of agricultural investment holding company Afgri Group, says it plans to transform food processing in sub-Saharan Africa through investments of between R50m and R100m over the next 18 to 24 months. CEO Roland Decorvet said on Tuesday Philafrica aimed to become a big food operator in…

World wheat sowings for 2018 to see ‘only modest’ growth – IGC

WORLD - World wheat sowings will see "only modest" growth despite the lure of higher prices, the International Grains Council said, seeing area in the European Union, the top grower, as "broadly unchanged". The International Grains said that world wheat prices are "more than 10% higher year on year as northern hemisphere growers plant winter…

USDA gives green light to China’s poultry inspections

USA - The “our beef for your chicken deal” hatched by President Donald Trump with the People’s Republic of China last May appears to be on track. USDA’s Food Safety and Inspection Service (FSIS) yesterday quietly released the final audit report showing China’s inspection system for poultry processing is equivalent to U.S. systems and standards. An onsite review…

Ethiopia’s meat industry attracting new investors

ETHIOPIA – The Ethiopian meat sector has been steadily growing and domestic and foreign investors are showing interest, according to reports by the Ethiopian Meat and Dairy Industry Development Institute. Companies from China, Morocco, South Africa and India are currently interested in the meat-processing sector in the country. Frigorifico Allana, which is part of the…

Dar eyes to boost wheat supply to lucrative East Africa market

TANZANIA - The government in collaboration with various food processing industries is setting plans to boost production and supply of wheat flour in the East African region, Permanent Secretary in the Ministry of Trade and Investment, Prof Adolf Mkenda said yesterday. The PS said the idea was to increase the production and supply of wheat…

Agro firm to invest US$5 m, to target 10,000 smallholder farmers

ZAMBIA - AGDEVCO, an agri-business investor, has invested over US$5 million in Katito Farming Enterprises Limited (Katito) to boost production and promote market linkages for 10,000 smallholder farmers in Mbala district. The investment, which is a key part of AgDevCo’s Northern Zambia Agricultural Hub will enable Katito to contribute to food security in the province…

Businessman urges lowering restrictions on food export

NIGERIA - Mr Ken Ayere, a South Africa-based Nigerian businessman, on Monday urged the Federal Government to relax restrictions on the export of some food items. Ayere, a former President of Nigerians in Diaspora, in Johannesburg on Monday said that Nigerian restaurant operators in that country had challenges importing some food items. He noted that…