Angola receives US$74.5m EU funding to boost food security

ANGOLA –The European Union has released US$74.56 million to aid the execution of the Reinforcement, Resilience and Nutritional Food Security Programme (FRESAN) in the southern region of Angola. Matteo Tonini, representative of the Food and Agriculture Organization (FAO) in Angola, said that from the overall amount at least US$28.22 million will be channeled to the…

NSE downgrades Nigerian Breweries stock to medium-priced status

NIGERIA – The Nigerian Stock Exchange (NSE) reclassified Nigerian Breweries Plc stock from its previous high-priced stock to medium-priced stock following a fall of the brewer’s stock price below the required High-Priced Stock threshold. According to Beverage Industry News, NSE issued a circular that the downgrade was as a result of a review it conducted…

USAID awards US$5m grant to University of California to tackle Newcastle disease in Africa

AFRICA – The United States Agency for International Development (USAID) has awarded US$5 million grant to University of California – Davis to aid in tackling the Newcastle disease on the continent. According to GNA, the funding will go towards a project that is looking to identify genes that are crucial to breeding birds with enhanced…