NIGERIA – Nigeria, sub-Saharan Africa’s largest economy, is expected to register a 12% rise in palm kernel oil production in…
Read MoreNigeria to register rise in palm kernel oil production propelled by increased private sector investment
Category: Fats, Oils, Oilseeds & Nuts
European Union supports adoption of quality standards along Kenya’s groundnut value chain
KENYA – Kenyan groundnut farmers from three counties, are set to benefit from a Ksh. 50 million (US$427,000) European Union…
Read MoreKenyan cooking oil manufacturer Pwani Oil temporarily halts operations over shortage of raw materials, forex
KENYA – Pwani Oil Products Limited, the makers of popular household cooking oils-Freshfri, Salit, and Fry Mate, has temporarily shut…
Read MoreIndonesia’s lift on palm-oil export ban brings relief to the global vegetable oil market
INDONESIA—Indonesia has lifted its three-week-long palm oil export ban due to improvements in its domestic cooking oil supply. The move…
Read MoreChina lifts ban on canola from two of Canada’s largest exporters three years after suspending their licenses
CHINA—China has lifted its ban on canola from two of Canada’s largest exporters, three years after suspending their licenses amid…
Read MoreBunge partners CoverCress to bring to market lower carbon intensity novel oilseed crop
USA— Global oilseed processing leader Bunge has partnered with CoverCress Inc. (CCI) to bring novel oilseed and animal feed crop…
Read MoreNorfund backs establishment of cashew processing hub in Ivory Coast with US$10m financing
IVORY COAST – Norfund, the Norwegian Investment Fund for developing countries, has issued a US$10 million financing out of US$20m…
Read MoreArgentinian grain rallies amid unfavorable crop conditions and global and social political climate.
ARGENTINA – Argentina’s grains yield relatively good harvest despite unfavorable weather conditions and the increased costs of input materials, according…
Read MoreNorfund backs expansion of SA based dried fruit, nuts processor Redsun with US$8m equity investment
SOUTH AFRICA – Norfund, the Norwegian Investment Fund for Developing Countries, has invested US$8m in South Africa-based raisin processor and…
Read MoreIvorian Valency International Trading receives US$10m to boost cashew nut processing
IVORY COAST – Valency International Trading SARL, subsidiary of Valency International Group in Ivory Coast, has received US$10 million debt…
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