Month: October 2014

Beta Glass, Frigoglass in exploratory deal

NIGERIA – Beta Glass Plc last week, notified The Nigerian Stock Exchange that Frigoglass SAIC in Attens, the parent company of Frigoglass Industries Nigeria Limited, which is the core investor in Beta Glass Plc has announced that it is commencing an exploratory process relating to strategic options for its Glass business.

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Meatco warns against Chinese-owned abattoir

NAMIBIA – Meatco has warned against plans for the Chinese to erect an export abattoir in the Tsumeb and Otavi area, saying Chinese value addition to Namibian cattle will create overcapacity in the slaughter space and compete with producers who would by then have shareholding in Meatco, of whom 60 to 70 percent are communal farmers.

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Meatco warns against Chinese-owned abattoir

NAMIBIA – Meatco has warned against plans for the Chinese to erect an export abattoir in the Tsumeb and Otavi area, saying Chinese value addition to Namibian cattle will create overcapacity in the slaughter space and compete with producers who would by then have shareholding in Meatco, of whom 60 to 70 percent are communal farmers.

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Ministry of Agric, BoI partner on Cassava Intervention Fund

NIGERIA – Federal Ministry of Agriculture and Rural Development has signed a Memorandum of Understanding, MoU with the Bank of Industry, BoI for the establishment of 10 rice milling and six cassava processing plants at the cost of N13.6 billion, to be sited in some states of the country.

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Ministry of Agric, BoI partner on Cassava Intervention Fund

NIGERIA – Federal Ministry of Agriculture and Rural Development has signed a Memorandum of Understanding, MoU with the Bank of Industry, BoI for the establishment of 10 rice milling and six cassava processing plants at the cost of N13.6 billion, to be sited in some states of the country.

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