Milling Middle East & Africa | No.1 Grains Industry Magazine

February 3, 2023

Angola food import bill jumps to US$2.8B driven by rice, wheat, and palm oil imports

ANGOLA – Angola’s food import bill jumped to US$2.8 billion in 2022 thanks to a significant jump in food prices in the international market, Statistics director of the National Bank...

February 3, 2023

Baking and dairy ingredients specialist Synercore secures US$4.7M from Norfund to fund expansion plans

February 2, 2023

Tiger Brands appoints Pieter Craill as new Finance Director for cereals

SOUTH AFRICA – South African packaged goods company Tiger Brands has appointed Pieter Craill as the Financial Director for cereals effective from 1 February 2023. Peter joins the company from...

February 2, 2023

Gavin Hudson resigns as Tongaat Hulett CEO amid delayed business rescue plan

SOUTH AFRICA-Gavin Hudson has resigned as CEO of Southern Africa’s biggest sugar group Tongaat Hulett effective February 28 adding another blow to the company’s business rescue plan. His resignation follows...

February 2, 2023

South African prices for frozen potato chips set to fall as anti-dumping duties lapse

SOUTH AFRICA-The anti-dumping tariffs on French fries placed on three European countries by the International Trade Administration Commission of South Africa (Itac) have lapsed creating room for cheaper imports. This...

February 1, 2023

Nambu Group secures funding to upgrade and expand alternative protein production facilities

SOUTH AFRICA- Nambu Group, a speciality in converting food waste into high-value protein feed has secured funding from South African Impact investor E Squared Investments to upgrade and expand its...

February 3, 2023

India export prices stay high on strong demand as local supplies dry up

INDIA – Rice export prices from India have hit their highest level since April 2021, benefiting from firm demand, stretched supplies, and elevated rates in Thailand. This comes at a time when supplies in India are also tightening after New Delhi decided to end its COVID-era free food...

February 2, 2023

Tiger Brands appoints Pieter Craill as new Finance Director for cereals

SOUTH AFRICA – South African packaged goods company Tiger Brands has appointed Pieter Craill as the Financial Director for cereals...

February 2, 2023

Evonik invests US$27.3M to upgrade German methionine intermediates plant

GERMANY-Evonik, a world leader in specialty chemicals, has invested €25M (US$27.3M) in developing and expanding its methyl mercapto-propionaldehyde (MMP) production...

February 2, 2023

ADM reports 60% jump in full-year profits, forecasts strong crush margins and high demand in 2023

USA- Archer-Daniels-Midland Co, (ADM), a major U.S. grains merchant, has posted an annual net income profit of US$4.34 billion, a...

February 3, 2023

Baking and dairy ingredients specialist Synercore secures US$4.7M from Norfund to fund expansion plans

SOUTH AFRICA – Norfund, the Norwegian investment fund for developing countries, is investing ZAR 80M (US$4.7M) in convertible debt in the expansion plans of Synercore Holdings, a South African food ingredient manufacturer. Established in 2016, Synercore has a specialty in the formulation and manufacture of food ingredients which...

February 2, 2023

Evonik invests US$27.3M to upgrade German methionine intermediates plant

GERMANY-Evonik, a world leader in specialty chemicals, has invested €25M (US$27.3M) in developing and expanding its methyl mercapto-propionaldehyde (MMP) production...

January 31, 2023

General Mills divests natural tortilla snacks company “Food Should Taste Good” 10 years after its acquisition

USA – General Mills has divested natural tortilla snacks company “Food Should Taste Good” to Real Food from the Ground...

January 24, 2023

UK Capital Markets Authority blocks Jus-Rol by Cerelia over monopoly concerns

UK – French firm Cérélia, a Puff pastry giant, has been denied the green light to purchase Jus-Rol over concerns...

February 3, 2023

Baking and dairy ingredients specialist Synercore secures US$4.7M from Norfund to fund expansion plans

February 2, 2023

Scoular debuts new name for food ingredients business to showcase capabilities in providing innovative ingredients to customers

USA — American commodity trading company Scoular has renamed its food ingredient business: Scoular Food Innovation in an effort to...

January 19, 2023

Blendtek strengthens product portfolio with new distribution partnership with Cargill

CANADA-Blendtek Ingredients Inc., a premier ingredient solution and product development company, has entered into a strategic distribution with the giant...

January 7, 2023

Pakistani flour millers urge Punjab government to lift the wheat export ban to tame widespread shortages

PAKISTAN -Pakistan Flour Mills Association Khyber-Pakhtunkhwa chapter has called on the government to lift the ban on wheat movement from...

India export prices stay high on strong demand as local supplies dry...

Angola food import bill jumps to US$2.8B driven by rice, wheat, and...

Baking and dairy ingredients specialist Synercore secures US$4.7M from Norfund to fund...

Tiger Brands appoints Pieter Craill as new Finance Director for cereals