United States sign trade deal with Japan on food and agricultural exports

USA – The United States and Japan have officially signed a trade deal on food and agricultural exports as the two countries continue to deepen and modernize their trade relationship. The deal, which was announced […]

Cargill reports slight growth in Q1 revenues, reorganises animal nutrition business

USA – Global commodities trader, Cargill posted revenues of US$29 billion in the first quarter ending August 31, representing 1% increase from corresponding period last year citing strong protein demand. During the period, the company’s […]

AGCO partners with the Benin government in establishing a new Agri-Park project

BENIN – AGCO a worldwide manufacturer and distributor of agricultural equipment and solutions has signed a Memorandum of Understanding (MOU) with the investment arm of Benin, the Agency for Promotion of Investments and Exports (APIEX), […]

Cargill to sell its interest in asset management subsidiary CarVal Investors

USA – Cargil has agreed to sell its ownership and economic interest in CarVal Investors to a partnership comprised of the firm’s senior management team. CarVal Investors is an alternative investment fund manager and independently […]

Mark & Spencer partners with infarm in promoting sustainable urban farming

UK – Marks & Spencer is partnering with urban farming platform infarm to deliver a range of fresh produce grown and harvested in some of its stores. The retailer in planning to launch the first […]

Ghana’s cocoa regulator secures US$1.3bn loan to finance cocoa purchasing

GHANA – The Ghana Cocoa Board (COCOBOD) has secured US$1.3 billion from a consortium of 24 International French banks to aid in financing the purchase of cocoa in the 2019/2020 crop season. Sources at COCOBOB […]

Coca-Cola teams up with Indian agritech platform DeHaat to increase fruits sourcing

INDIA – Coca-Cola India has signed a memorandum of understanding with Inidan agritech platform, Dehaat to increase production and sourcing of litchi fruits in east India. The companies will work jointly in a three-year project […]

EU injects US$16.5m into Ethiopia’s coffee sector to boost production

ETHIOPIA – The European Union (EU) has issued funding worth €15 million (US$16.5m) to the Ethiopian government to support the country’s coffee sector under the EU-Coffee Action for Ethiopia. Coffee is one of the most […]