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

June 8, 2023

Advans Côte d’Ivoire partners AFD in US$245,000 deal to finance maize producers’ access to inputs

CÔTE D’IVOIRE – Advans Côte d’Ivoire (Advans-CI), a microfinance institution and member of the Advans group, has signed a financing agreement of 150 million CFA francs (US$245,000) to implement a...

June 8, 2023

Kenyan MPs want US$29M more for Fertilizer Subsidy Program in the upcoming financial year

KENYA – The Kenyan parliament has proposed an additional Sh4 billion (US$29M) for Fertilizer Subsidy Program in the upcoming financial year, raising the total allocation to Sh8.5 billion as part...

June 8, 2023

Nigeria’s palm oil imports from Malaysia surges 353% in 4months as demand rises

Nigeria – Nigeria’s palm oil import from Malaysia increased to 92,961 metric tons (MT) between January-April 2023 from 20,513 MT, a 353 percent jump despite increasing government intervention to ramp...

June 7, 2023

Ghana Commodity Exchange plans to start trading cashew nuts in the quest to bolster the industry

GHANA – Ghana Commodity Exchange (GCX) is considering the listing of raw cashew nuts on its trading platform to facilitate the development of the cashew value chain in the country....

June 7, 2023

Zimbabwe embarks on a mission to enter export market after achieving wheat self-sufficiency

ZIMBABWE – The government of Zimbabwe targets to put 90 000ha under wheat in a bid to surpass last year’s yield of 375 000 tonnes following various interventions implemented by...

June 6, 2023

S.African food producer Premier Group posts nearly 40% jump in annual profit, revenue hits US$928M

SOUTH AFRICA – South African food producer Premier Group has posted a near 40% jump in annual profit despite increasing commodity prices and rising inflation According to the company, the headline...

June 8, 2023

Associated British Foods acquires National Milk Records for US$ 60M to boost its animal feed firm, AB Agri

UK – Associated British Foods (ABF), a British multinational food processing, plans to buy local dairy technology firm National Milk Records (NMR) in a deal worth £48m (US$59.6m) to boost AB Agri, its agri-food unit. In an announcement to the London Stock Exchange, Kingsmill bread and Patak’s sauces...