Bidco Africa forms joint venture to promote commercial oil crop farming in Kenya

KENYA – Bidco Africa Group, one of the leading consumer good company in East Africa has rolled out a joint venture with the County Government of Nakuru, Central Kenya to promote adoption of commercial farming […]

Sime Darby Plantation offloads its Liberian oil palm business unit

LIBERIA – Sime Darby Plantation (SDP), a Malaysian oil palm planation company has completed the sale of its entire 100% equity interest in its palm oil concession in Liberia, Sime Darby Plantation Liberia Inc. (SDPL) […]

Ethiopia’s food and agro processing industry set to receive US$7.17m investment

ETHIOPIA – An edible oil refinery plant and an agro-processing plant are set to break ground in Benishangul-Gumuz Regional State in Ethiopia with a combined investment of 230 million Br (US$7.17m) from two farmers unions. […]

Louis Dreyfus Company launches new brands into the Chinese market

CHINA – Dutch agricultural commodity trader, Louis Dreyfus Company (LDC) has a launched its new coffee brand ‘iCoffee’ and a new packaged cooking oil brand ‘Mastergold’ in China. LDC’s new packaged oil brand, Mastergold, provides […]

Nigeria to increase palm oil production 700% to 5m tonnes by 2027

NIGERIA – Nigeria has made bold steps towards becoming self-sufficient in edible oil production as it aims to increase palm production by 700 percent to 5 million tonnes by 2027. As part of the efforts, […]

Nigeria’s Tamaidukka Group to invest US$25m in agro allied industrial park

NIGERIA – Tamaidukka Group, a Nigerian diversified investment company with intrests in agro-industry and real estate development will be investing US$25 million in developing an agro-based industrial park in Kaduna State. The company said that […]

International Grains Council appoints Nathalie Dubé as new Chairman

ENGLAND – The International Grains Council (IGC) has announced that it has appointed Nathalie Dubé, Minister-Counsellor, High Commission of Canada, as its chairperson for 2019-20. During its tenure, Canada is particularly interested in working with […]

ADM names new President of North America Flour Milling

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 […]