China based agro-allied business COFCO partners with IFC to establish sustainable soy value chain in Brazil
BRAZIL – Chinese agribusiness company, COFCO International has partnered with the International Finance Corporation (IFC),…
Grains, Milling, Baking & Feed
Kenya to kick start use of Warehouse Receipting System for maize in October
KENYA – The Kenyan government through the ministry of agriculture has directed maize farmers in…
Ukrainian grain trader Nibulon secures US$27m loan from EBRD to maintain its business
UKRAINE – The European Bank for Reconstruction and Development (EBRD) has provided a loan of up…
Agricultural company Ceres Global set to acquire grain elevator from Cargill
CANADA – Ceres Global Ag Corp, an agricultural, energy, and industrial products merchandizing and supply chain company,…
Ghanaian investor of Komenda Sugar factory partners with University of Cape Coast to promote cane production
GHANA – Park Agrotech Limited, a Ghanaian agribusiness company and strategic investor of the Komenda…
Suppressed corn prices in SA to result in lower 2020/2021 production with exports to remain resilient
SOUTH AFRICA – South Africa produced its second highest corn crop on record in the…
Zimbabwe state owned pension fund NSSA to acquire minority stake in Silo Foods
ZIMBABWE – Zimbabwe’s state-owned pension fund, the National Social Security Authority (NSSA) intends to acquire…
Saudi Arabia embarks on privatization of its flour milling sector
SAUDI ARABIA – Saudi Arabia has started privatizing its flour milling sector, as part of…
Kenyan sorghum farmers set to bag more earning in a new EABL trade deal
KENYA – The East African Breweries Limited (EABL) has entered into a trade deal with…
Royal DSM partners with agro-industrial Avril Group to develop a new plant-based protein
NETHERLANDS – Royal DSM, a nutrition and health solutions firm and French agro-industrial company Avril…
Maize Farmers Association of Nigeria secure US$41.2m financing from CBN
NIGERIA – The Maize Farmers Association of Nigeria (MFAN) has disclosed that it has secured…
Dangote Sugar, Savannah Sugar complete merger of operations eyeing bigger market share
NIGERIA – Dangote Sugar Refinery has received the green light to acquire its sister company,…
Beneo invests US$56m in rice starch facility to increase production capacity
BELGIUM – Beneo, a functional ingredients company, has announced a US$56 million investment into its Wijgmaal rice starch facility, which…
Wheat ingredients specialist Loryma launches its functional binders for meat alternatives
GERMAN – Loryma, a wheat ingredients specialist, has developed functional binders that can individually adjust the consistency and texture…
Food industry focused webinars launched to define future after Covid-19 in Africa
KENYA – A new series of virtual seminars have been launched to help define the future…
Ingredients provider Puratos opens four new African subsidiaries through a Joint Venture with local partners
AFRICA – Puratos, a global provider of solutions for bakery, patisserie and chocolate has opened…
CBH Group enters into an agreement with Wide Open Agriculture for distribution of carbon neutral grain
AUSTRALIA – The CBH Group has signed a non-binding Memorandum of Understanding (MoU) with the…
IDMA and VICTAM EMEA exhibition to go on in March 2021 as scheduled
TURKEY – IDMA and VICTAM EMEA 2021, which will be organized in Istanbul, Turkey by…
Tongaat Hullet subsidiary Hippo Valley seeks alternative funding for the US$40m sugar cane project
ZIMBABWE – Hippo Valley Estates Limited, subsidiary of Tongaat Hulett is considering alternative sources of…
Kenyan government suspends brown sugar imports as it sets to lease five state owned sugar factories
KENYA – The government of Kenya has with immediate effect banned the importation of brown…
Sugar and bio-energy producer Mitr Phol selects Eka Software Solutions to streamline its operations
THAILAND – Mitr Phol, Asia’s biggest sugar and bio-energy producer, has selected Eka Software Solutions…
Nutreco appoints Saskia Korink as its new COO and Trouw Nutrition CEO
NETHERLANDS – Nutreco, producer of animal nutrition, fish feed and processed meat products, has announced a…
African Export-Import Bank secures US$200m from ITFC to finance agricultural exports
AFRICA – The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group,…
Olam completes re-financing US$375m credit facility from European lenders
SINGAPORE – Olam Holdings B.V. (“OHBV”), wholly owned subsidiary of global food and agri-business company,…