Ceres Global completes acquisition of Canadian Delmar Commodities

CANADA – Ceres Global, a global agricultural, energy and industrial products merchandising and supply chain company has completed its acquisition of Manitoba, Canada based Delmar Commodities Ltd. According to Ceres, the acquisition includes 100% of […]

Stakeholders fault presidential directive on forex ban for food imports

NIGERIA – Following the recent directive by Nigeria’s President Muhammadu Buhari ordering the Central Bank of Nigeria to stop providing forex for food importation in the country, several stakeholders have called on the Government to […]

Ghanaian varsity develops technology to detect substandard rice

GHANA – The school of Agriculture at the University of Cape Coast in Ghana in collaboration with Queen’s University of the UK has developed a technology that detects substandard rice. The technology seeks to among […]

Olam’s Nutrifoods debuts Milky Magic ‘Eggrich’ Biscuit in Ghana

GHANA – Nutrifoods Ghana Limited, a subsidiary of Olam Ghana and a market leader in the production of biscuits, has introduced the first egg and milk-based biscuit into the market. Made with fortified wheat flour, […]

VTB acquires majority stake in Russian grain trader Mirogroup

RUSSIA — Russian state-controlled bank VTB has revealed that it has completed the purchase of a 70% stake in Russian grain trader Mirogroup, the Reuters reports. The transaction expands the lender’s diversification into the grain […]

Grain trader Bunge to relocate global headquarters to St Louis

USA — Bunge Ltd., the global agribusiness company has announced that it will be relocating its global headquarters from New York, U.S., to St. Louis, Missouri, U.S. The world’s biggest soyabean processor and a leading […]

Olam International reports 16% growth in H1 revenues despite market challenges

SINGAPORE – Olam International has reported a steady operating performance, recording 16% growth in revenues to US$ 11.47 billion in the first half of 2019, from US$9.86 billion recorded in a similar period last year. […]

Kenya’s Capital Market Authority proposes new regulations for commodity exchange

KENYA – Capital Markets Authority of Kenya is proposing new regulations that will guide the planned Commodities Exchange. According to the draft regulations, companies looking to expand their activities to the commodities exchange will have […]

Packaging manufacturer Kwik Lok to debut new ‘Closing Line of the Future’

USA – Kwik Lok Corporation, a Washington based packaging manufacturer, announced they will feature the “bakery closing line of the future” at the upcoming International Baking Industry Exposition (IBIE) in Las Vegas. During the event […]

Corteva to invest in Israel-based agric research company Lavie Bio

ISRAEL – Corteva Inc. plans to invest in Israel based Lavie Bio Ltd. that seeks to develop and commercialize environmentally friendly products for agricultural production. Corteva’s investment in Lavie Bio will include the exchange of […]