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. […]

Ghana commences trade of soybean at commodity exchange platform

GHANA – The Ghana Commodity Exchange (GCX) has commenced the sale of soybean through the platform in a move to formalise and develop the value chain. Speaking during the launch of soybean on the Exchange […]

Zimbabwean association calls for increased soybean production to curb imports

ZIMBABWE – The Oil Expressers Association of Zimbabwe (OEAZ), an oil producer’s lobby group, has called for increase output of soybean as an intervention to cut reliance on imports. A report by NewsDay reveals that […]

Canada to invest US$29m in crop research and innovation in 5 years

CANADA – The Canadian government has unveiled US$29.61 million (C$39.3 million) funding to enhance research and innovation in crops such as barley, wheat, diverse field crops and soybeans over the next five years. The funding […]

Cargill appoints Jon Nash to lead North American protein business

USA – The agribusiness giant, Cargill has selected on Nash to lead its North American protein business effective March 1, 2019. He will report to Brian Sikes, who was recently appointed to the executive team […]

Indomie noodles maker Dufil Prima to set up vegetable oil processing refinery

NIGERIA – The Dufil Prima Food Plc, a Nigerian based company and makers of Indomie Noodles has established a palm oil processing refinery in Abia State, Nigeria in an effort to boost the country’s economy, […]

Tanzanian government blocks export of unprocessed cashew nuts

TANZANIA – The Tanzanian government has reiterated that no company will be allowed to export unprocessed cashew nuts from the country in a bid to protect the local manufacturers, processors and farmers, reports The Citizen. […]

TradeMark East Africa to invest US$2.4m in Rwanda to boost meat, cereals export

RWANDA – TradeMark East Africa (TMEA) has announced that it will be investing US$2.4 million (Rwf2.1 billion) in Rwanda to boost export sector including fruits, vegetables, roots and tubers, legumes and cereals, meat, eggs and […]

Tanzania government decides to buy cashew nuts stock as dealers cry foul

TANZANIA – Tanzanian President John Magufuli has officially announced that the government would buy all cashew nuts from farmers at about US$1.44 (3,300 Tanzanian shillings) a kilogram. This was after private buyers were reluctant to […]