Olam’s joint venture Nutrifoods launches first premium oats digestive biscuits

GHANA – Nutrifoods Ghana Limited, a joint venture between Olam and Sanyo Foods has launched its first premium oats digestive biscuit under its adult health segment brand, Nutrisnax, a GNA report reveals. The Premium Nutrisnax […]

Olam’s director Rachel Eng Yaag to resign from the board

SINGAPORE – Olam International has announced that Ms Rachel Eng Yaag Ngee will resign from the board as an Independent Non-Executive Director effective July 31, 2018. The agri-business firm said the decision was reached by […]

Olam partners with a French firm to boost poultry production in Nigeria

NIGERIA – Olam International, through its subsidiary Olam Hatcheries Limited has signed a memorandum of understanding (MoU) with a global veterinary health company, Ceva Santé Animale S.A to boost poultry production in Nigeria. The agreement […]

Olam profit grows despite 10.5% drop in revenue for confectionery and beverage

SINGAPORE – The global agribusiness company Olam International, has reported profit growth in the 2018 first quarter results despite 10.5% drop in revenue for its confectionery and beverage segments on both lower volumes and prices. […]

Olam secures financing facilities from Asian Development Bank for US$163m

SINGAPORE – Olam International Limited, a leading agri-business operating across the value chain, has secured medium term financing facilities aggregating US$163 million from the Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA). The […]