Flour Mills of Nigeria’s year profit hit by 10% drop in sales revenue

NIGERIA – Flour Mills of Nigeria has posted sales revenue of US$743.26 million for the half year operations ended September 2018, a drop of close to 10% year-on-year.  An impressive growth of 54% in after […]

Kenya’s Horticulture revenues hits US$ 1.257bn in ten months

KENYA – Kenya’s domestic horticulture has registered impressive performance after earning the country US$ 1.25 billion in 10 months to October 2018 an increase from full earnings for 2017 of US$1.13 billion, reports Business Daily […]

Nigeria’s Yam Committee to export 5,760 tonnes in 2019

NIGERIA – The Technical Committee on Nigeria Yam Export said it is targeting the exportation of more than 5,760 tonnes of yam to different countries in 2019, reports the Vanguard. However, Prof. Simon Irtwange, Chairman […]

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 […]

Walmart to hire 2,000 technology experts in ecommerce boost

USA – The American retail giant, Walmart Inc plans to hire 2,000 technology experts including data scientists, engineers and designers this year to bolster its ecommerce strength. A Bloomberg report indicated that the retail giant […]

Café Africa collaborates with Tanzania government to boost coffee production

TANZANIA – Café Africa has joined hands with the Tanzanian government and the Agricultural Non-State Actors Forum (ANSAF) on efforts to boost coffee production and re-position the produce as the leading export crop, reports The […]

Bunge appoints Brian Zachman President of Global Risk Management

USA – The American agricultural and food trading company, Bunge Limited has named Brian Zachman as President of Global Risk Management, effective January 14, 2019. With the role that would possibly include managing an array […]

Coca-Cola Amatil ditches plastic straws and stirrers in Australia

AUSTRALIA – Coca-Cola Amatil has announced that it will no longer distribute single-use plastic drinking straws or stirrers in Australia, and would instead stock fully recyclable and biodegradable FSC (Forest Stewardship Council) accredited paper straws […]