Seed Co to invest US$10m in new artificial seed drier to boost operations

ZIMBABWE – Seed Co, one of Africa’s leading seed producers, will invest US$10 million in acquiring a new artificial maize seed drier as it seeks to increase seed supply in the region. Seed Co intends […]

FrieslandCampina WAMCO posts 6% growth in revenue to US$413.82m

NIGERIA – Nigeria’s largest dairy producer, FrieslandCampina WAMCO Nigeria PLC, posted 6% growth on revenues to US$413.82 million (N149.2bn) during its 2018 financial year. During the period, the producer of Peak and Three Crowns brands […]

First Milk acquires Fonterra’s stake in whey protein joint venture

UK – The New Zealand dairy corporative, Fonterra has agreed to offload its 51% stake in the Fast Forward joint venture with British dairy cooperative First Milk. First Milk which supplies milk, cheese and other […]

Bunge partners Field to Market for transparent and sustainable farming

USA – Agribusiness giant, Bunge has partnered Field to Market to integrate the latter’s sustainability metrics into Bunge Centerfield™, a partnership that collects farm-level data to promote supply chain transparency and sustainable agriculture. Using the […]

Ghana launches initiative to develop livestock industry

GHANA – Ghana has launched the ‘Rearing for Food and Jobs (RFJ) campaign, another module of the government’s flagship programme “Planting for Food and Jobs” aimed at developing livestock industry. Speaking during the launch of […]

Denali Ingredients invests in a new baked products facility in the US

USA – Food ingredient supplier, Denali Ingredients has invested in a new manufacturing facility in New Berlin, Wisconsin focused baked inclusions for the ice-cream and sweet treats. The 98,000-square-foot facility features a state-of-the-art commercial oven […]

Nigeria has the capacity of generating US$10bn from honey export, says NEPC

NIGERIA – The Nigerian Export Promotion Council’s (NEPC) Director General, Mr. Segun Awolowo, has stated the country is capable of generating at least US$10 billion annually from trade of honey. Speaking during a honey production […]

Zimbabwe grain millers to halt supplies to overcharging retailers

ZIMBABWE – Millers under the Grain Millers Association of Zimbabwe (GMAZ) have said that they will no longer supply retailers engaging in overcharging of basic commodities. This move seeks to further support the millers’ price […]

Evonik and Perdue Agribusiness forms GutCare probiotic partnership

USA – German specialty chemicals company, Evonik Industries has partnered with Purdue AgriBusiness to market its probiotic GutCare product in the US. The companies will jointly initiate commercialization of the product, while promoting technical cooperation […]