Muehlenchemie opens first African technology center

NIGERIA – German food ingredients solutions provider Mühlenchemie GmbH has opened its first technology center in Africa. The specialist for flour improvement and fortification has opened a baking laboratory in Lagos, Nigeria’s industrial heartland. The new facility in Lagos is the first technology center on the continent of Africa by the company. Having development capabilities…

Rice in Nigeria: Building local capacity to grow, process vital grain

This article appeared in the Sept/October issue of Food Business Africa magazine The Government of Nigeria, the world’s second largest importer of rice, has initiated a number of policy initiatives in the last few decades to boost rice production and processing in the country. Despite these initiatives, the country continues to import large quantities, as…

Honeywell Flour Mills posts US$12m profit

NIGERIA - Shareholders of Honeywell Flour Mills Plc last Friday approved N475.812 million for the year ended March 31, 2017. The dividend, which translates to six kobo per share, was approved at the annual general meeting (AGM) of the company held in Lagos. The company recorded revenue of N53.23 billion (US$148m), up by five per cent…

Wheat millers face collapse over imports

BOTSWANA - Local wheat milling companies may face collapse if the government does not restore the 15 percent wheat levy it had put in place to protect the millers, an official has said. Botswana Millers Association (BMA) chairman, Nkosi Mwaba said the milling industry is under existential threat from predatory pricing behaviour on imports of…