Commission approves Karan Beef Holdings merger

SOUTH AFRICA - The proposed merger of Karan Beef Holdings with Karan Beef and Karan Beef Feedlot was approved by the Competition Tribunal with certain conditions reports, Fin 24. Karan Beef Holdings is a newly incorporated special purpose entity, established for the proposed transaction. Karan Beef is involved in cattle slaughtering, deboning, packaging and selling…

Nigeria launches first livestock ecommerce platform to transform the sector

NIGERIA – Nigeria has launched the country’s first online livestock market that will connect both the buyers and sellers on a 24-hour basis, every day of the week, reports ThisDay. The system called Livestock247.com, will allow organized transactions by linking different players in the sector including livestock stakeholders, buyers, sellers, ranchers, livestock merchants, veterinary professionals,…

Cargill opens its largest livestock feed mill in Vietnam worth US$28m

ASIA - The grain trading and agricultural merchandising company, Cargill has opened a new US$28 million feed mill in Binh Duong, Vietnam, its 12th animal nutrition facility in the country. According to Cargill, the facility is its largest, most technologically advanced and innovative in the country, strategically positioned to serve livestock farmers in South Vietnam.…

East Africa eyes Southeast Asia’s meat market through Hong Kong

ETHIOPIA - East African countries have declared an interest in entering the Southeast Asia’s meat and live animals market via Hong Kong under the Intergovernmental Authority on Development (IGAD). In a statement, IGAD said penetrating the market through Hong could possibly eliminate the challenges its member countries are facing while exporting their products to MENA…

ProDairy invests US$1.6m in grass feeding project to cut costs in Zimbabwe

ZIMBABWE – ProDairy, a leader in the fast moving consumer good (FMCG) industry in Zimbabwe, has made a US$1.6 million investment in a grass feeding program for cows to cut on the cost of milk production. According to the company, it will also establish a new division in partnership with a private equity firm, SubSahara…

Bill Gates to fund Scotland’s smart agriculture projects to yield super crops

SCOTLAND - Scotland farmers have gone for smart agriculture in growing ‘super crops’ and breeding high yielding cows following the announcement by Bill Gates and Britain to fund innovative agricultural projects in the country. The funding of US$174 million from Britain’s Department for International Development and the Bill & Melinda Gates Foundation will support farmers…