South Africa’s lobby groups push for reforms in poultry sector to protect industry

SOUTH AFRICA – Meat and poultry producers in South Africa have called for reforms in the poultry sector with an aim of maintaining balance between local poultry producers and importers aimed at protecting the industry. […]

Barentz forms joint venture with Dutch ingredients company TasteStrik

NETHERLANDS – Barentz International B.V., a leading supplier of ingredients for the food and nutrition industry has formed a joint venture with the Dutch family business, TasteStrik. The joint venture supports Barentz’ strategy of offering […]

State releases 600,000 bags of maize to ease grain shortage

KENYA – Kenya’s National Cereals and Produce Board (NCPB) has resolved to release 600,000 bags of subsidised maize to grain millers aimed at easing grain shortage in the country. According to a Business Daily report, […]

Zimbabwe’s Ariston Holdings sustains growth momentum as revenue increase 50%

ZIMBABWE – Ariston Holdings Limited, a diversified agricultural firm in Zimbabwe, is upbeat of maintaining a growth trajectory in the second half of the current financial year following a 50% growth in revenues for the […]

Seed Co reports 16% growth in revenues as profits increase four fold to US$9.07m

ZIMBABWE – Seed Co Limited, one of Africa’s leading seed producers, reported a 16% increase in revenues to US$73.4 million offsetting a 323% jump in after-tax-profit to US$9.07 million in the year ended March 31, […]

Bakex Millers banks on new expansion to strengthen market grip

KENYA – After successfully implementing its expansion plan, Bakex Millers Ltd, a Kenyan-based grain milling company, is aiming at strengthening its market share in the region’s flour and milling sector. Bakex embarked on the expansion […]

Rwanda’s parliament approves ban of single-use plastics

RWANDA – Rwanda’s parliament has passed a draft law prohibiting the manufacture, importation, use and sale of single-use plastic items in the country, a move that reiterates commitment to environmental protection. Single-use plastics are used […]

Ghana, Cote d’Ivoire suspend cocoa beans sales, propose higher maiden floor price

GHANA – Ghana and Cote d’Ivoire have suspended the sale of cocoa beans to the open market under the 2020/2021 crop season until further notice. The suspension was announced in Accra, Ghana by the two […]

NIRSAL secures US$12.48m funding to finance Nigeria’s agriculture sector

NIGERIA – The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has secured a total of US$12.48 million (N4.5bn) from four deposit money banks to boost cereal production in the country. According to a […]

Ghana’s Exim Bank commits US$1.85m to support Shea industry

GHANA – The Ghana Exim Bank has committed US$1.85 million (GH¢10million) to support stakeholders in the shea value chain as part of the first phase of its Shea Empowerment Initiative. The Initiative is aimed at […]