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Friday, September 29, 2023
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Tag: Palm oil

U.S. bans importation of palm oil from Malaysia’s FGV Holdings on alleged use of forced labour

October 6, 2020October 6, 2020

USA – The United States has blocked importation of palm oil and palm oil products from a Malaysian producer FGV…

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Fats, Oils, Oilseeds & Nuts LATEST NEWS WORLD NEWS 

Tanzania Agricultural Research Institute gets funding from government to boost palm oil production

September 5, 2020September 5, 2020

TANZANIA – The Tanzania Agricultural Research Institute (TARI) has received Tsh.1.4bn/- (US$603,900) from the government to boost production of palm…

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AFRICAN NEWS Agriculture & Agribusiness LATEST NEWS 

Unilever partners with tech company Orbital Insight to enhance traceability in palm oil sourcing

August 20, 2020August 20, 2020

UK – Unilever, a consumer goods company, has teamed up with US-based tech company, Orbital Insight, to boost palm oil sourcing transparency. The…

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LATEST NEWS Sustainability WORLD NEWS 

Feronia sells stake in DRC palm oil subsidiary to investment company KKM

July 30, 2020July 30, 2020

DRC – Feronia Inc. an agribusiness company operating in the Democratic Republic of the Congo (DRC), has entered into a…

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AFRICAN NEWS LATEST NEWS Mergers & Acquisitions 

IFAD, Mars and ICRAF invest US$4m on sustainable farming project in Indonesia and the Philippines

July 18, 2020July 19, 2020

ASIA – The International Fund for Agricultural Development (IFAD), Mars, Incorporated and World Agroforestry (ICRAF) have partnered to invest US$4…

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Investments & Funding News LATEST NEWS Sustainability WORLD NEWS 

Nigeria enjoys 100% duty exemption on Crude Palm Oil from Malaysia

July 13, 2020July 13, 2020

NIGERIA – Malaysia, the world’s second- largest producer of the Palm Oil has offered Nigeria 100% duty exemption on crude…

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AFRICAN NEWS Financials & Economy LATEST NEWS 

Central Bank of Nigeria funds production of nine agricultural commodities with US$1.1bn

June 19, 2020June 19, 2020

NIGERIA – The Central Bank of Nigeria (CBN) has targeted to fund the value chains of nine agricultural commodities in…

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AFRICAN NEWS Agriculture & Agribusiness LATEST NEWS 

Sierra Leone launches US$191.9m oil palm project with support from IFAD

June 4, 2020June 8, 2020

SIERRA LEONE – Agriculture Value Chain Development Project (AVDP) in Sierra Leone, financed by the International Fund for Agriculture Development…

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AFRICAN NEWS Agriculture & Agribusiness Investments & Funding News LATEST NEWS 

Sime Darby Plantation offloads its Liberian oil palm business unit

January 21, 2020January 21, 2020

LIBERIA – Sime Darby Plantation (SDP), a Malaysian oil palm planation company has completed the sale of its entire 100%…

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LATEST NEWS Mergers & Acquisitions 

Presco Plc to invest in Nigeria’s oil palm seed sector to expand production capacity

January 14, 2020January 14, 2020

NIGERIA – Presco Plc, a palm-oil processing firm listed on the Nigerian Stock Exchange, has signed a partnership deal with…

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  • Swire Coca-Cola intensifies investment in China with US$274m mega factory in Jiangsu Province
  • Kenya to upgrade 72 coffee factories in push to enhance productivity in the sector
  • Nestlé sets ambitious target to promote nutritious foods, support balanced diets
  • Océano Seafood expands into US market with acquisition of Sea Fresh
  • European consumers embrace private labels amid rising living costs, study reveals

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