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NIGERIA – Olam International Limited, multinational food and agribusiness company, has tabled a fresh US$331 million (N120bn) offer to take over Dangote Flour Mills (DFM) Plc, down from the US$361 million it had initially announced. […]
KENYA – The government of Kenya has approved importation of 2.5 million bags of yellow maize by animal feed manufactures to ease pressure in the sector. This decision follows a consultative meeting held between animal […]
SAUDI ARABIA – Saudi Grains Organization (SAGO), the state grain buyer has stated that it will begin the next phase of the sale of its flour mills within days in a privatization move. According to […]
USA – Cargill has launched BeefUp Sustainability, an initiative committed to achieving a 30% greenhouse gas (GHG) intensity reduction across its North American beef supply chain by 2030. The initiative will focus on four areas: […]
USA – The global agribusiness giant, Archer Daniels Midland Company has named Kevin Like president, North America Flour Milling. In this role, he will oversee all aspects of the company’s flour milling businesses in the […]
GERMANY – German chemical and agribusiness company, BASF has joined the International Wheat Genome Sequencing Consortium (IWGSC) as a sponsoring partner. As a sponsor, BASF will participate in IWGSC-led projects and activities including development of […]
KENYA – The Ministry of Agriculture in Kenya has halted importation of 11.1 million bags of maize from Mexico and will instead be importing the commodity from Common Market for Eastern and Southern Africa (COMESA) […]
BRAZIL – Agribusiness giant, Bunge Limited and BP Plc have agreed to create a new biofuels joint venture in Brazil, one of the world’s largest fast-growing markets for biofuels. The 50:50 JV will create a […]
CHINA – Bunge-owned edible oils business, Bunge Loders Croklaan (BLC) has inaugurated a new edible oils processing facility in Xiamen, China. The facility expands BLC’s capability to deliver plant-based specialty oils and fats ingredients for […]
NIGERIA – Flour Mills of Nigeria Plc, one Nigeria’s leading integrated food and agro-allied company, reported a 3.37% decline in revenue to US$1.45 billion (N524.41bn) for the year ended March 31, 2019 from US$1.51 billion in […]