CANADA – Canadian dairy giant, Saputo has reported decline in net earnings for Q2 as the pandemic continues to adversely…
Read MoreDay: November 9, 2021
Coffee in Ethiopia: Rejuvenating the natural home of coffee into new markets as sustainability calls increase
Ethiopia, the home of coffee, has its eyes on a greater share of the global coffee industry. From industry liberalization to greater efforts in international marketing, the Ethiopian coffee is on a new growth pedestal.
Read MoreCargill breaks ground on new specialty fats facility Malaysia in push towards global market dominance
MALAYSIA – American multinational food company, Cargill has begun construction on a RM 145 million (US$35 million) expansion of its…
Read MoreGreen Climate Fund partners with IFAD, AfDB, ARC to promote climate resilience in Sahel with US$143m funding
AFRICA – The UN’s International Fund for Agricultural Development (IFAD) has signed a US$143 million grant agreement with the Green…
Read MoreDiageo, Heineken showcase impressive performance in Nigeria registering top-line growth
NIGERIA – Nigerian Breweries, subsidiary of Heineken International, has announced a 20.1% rise in profit in the third quarter of…
Read MoreMorocco secures US$131m loan from AfDB for sustainable agriculture
MOROCCO – The Board of Directors of the African Development Bank (AfDB) has approved a new €114 million (US$131.89m) loan…
Read MoreSouth Africa to remain net exporter of corn attributed to bumper harvest
SOUTH AFRICA – South Africa is expected to maintain its lead position as the largest exporter of corn in Africa,…
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