SCOTLAND— Scottish biotechnology start-up, MiAlgae has attracted further investment of £2.3m (US$2.77m), to help drive growth of its platform for…
Read MoreMiAlgae secures US$2.7m funding to scale sustainable production of Omega 3 oils
Category: Fats, Oils, Oilseeds & Nuts
Mozambique beefs up local production of cooking oil with opening of new factory
MOZAMBIQUE – Niassa Cotton Company (SAN), subsidiary of Portuguese Joao Ferreira dos Santos group in Mozambique, has opened a new…
Read MoreEnezol new fry oil reduces food industry waste, carbon footprint
CANADA– Canadian clean energy company Enezol, working alongside Japanese and Australian research firms specializing in advanced food science, has produced…
Read MoreGhana Export-Import Bank boosts coconut production in new US$3.2m project
GHANA – Ghana Export-Import (EXIM) Bank has embarked on a GH¢ 30 million (US$3.2m) Coconut for Life project targeted at…
Read MoreBenin’s Africa Negoce Industries receives US$2.7m financial backing from Oikocredit
BENIN – Social impact investor Oikocredit has provided a credit line of € 2.7 million (US$2.7m) to Africa Negoce Industries…
Read MoreChina oilseed production forecast up on favorable government policies
CHINA— United States Department of Agriculture forecasts China’s total oilseed production at 63.4 MMT in MY 22/23 based on planted…
Read MoreCeres suspends canola crushing project in Canada as DSM plans to begin canola protein production
CANADA— Ceres is suspending construction plans for its previously announced US$350 million integrated canola processing facility in Saskatchewan, in Canada,…
Read MoreOil company Eni debuts production of vegetable oil for biorefining in Kenya
KENYA – Eni, an Italian multinational oil and gas company, through its Kenyan unit has commenced production of vegetable oil…
Read MoreRoyal Nuts opens US$23m cashew nut processing plant in Ivory Coast
IVORY COAST – Royal Nuts, a commodity trading & manufacturing company with headquarters in Singapore, has cut ribbon to US$23m…
Read MoreNigeria to register rise in palm kernel oil production propelled by increased private sector investment
NIGERIA – Nigeria, sub-Saharan Africa’s largest economy, is expected to register a 12% rise in palm kernel oil production in…
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