No.1 Grains Industry Magazine & Website for Africa & the Middle East
USA- The Association of American Feed Control Officials (AAFCO) issued a statement expressing concerns about Pet Food Institute’s (PFI) proposal for a new system to federally regulate pet food. Over the past few months, PFI proposed a federal system to address concerns about the current label review process, which varies from state to state. The proposal involves lobbying for a…
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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 earnings reported on June 6 correspond to earnings per share of 634 cents for the year ended 31 March, up from 453 cents a year earlier. In addition, the company…
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USA- Belgian ingredients supplier Puratos is expanding its West Coast operations with two key investments in the Los Angeles region. The two investments include a new manufacturing line at its Rancho Dominguez, Calif., facility and a planned relocation to a new warehouse and distribution facility in Gardena, Calif. According to Puratos, the new manufacturing line in Rancho Dominguez will double…
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GHANA –Ghana’s cowpea production in 2022 stood at 367,787 tonnes, the highest volume ever recorded according to the official data relayed by the United States Department of Agriculture (USDA). Ecofin Agency, citing the USDA data, reports that this record level crowns a decade of development of this crop which has seen the harvest increase by 5% on average per year between…
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ZIMBABWE – The Zimbabwe Mercantile Exchange (ZMX), a commodity marketplace, has announced that its Warehouse Receipt System has been conferred with Liquid Asset Status by the Reserve Bank of Zimbabwe (RBZ). According to ZMX, a liquid asset is an asset that can be easily converted into cash in a short amount of time. Liquid assets include things like cash, money…
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SOUTH AFRICA- MC (Mühlenchemie) is expanding its presence in Africa, opening its third African location, Stern Ingredients South Africa, with labs and a technology center. The other two existing locations include one in Lagos and one in Nairobi, and this new addition means that MC can perform the entire value-addition chain in flour improvement and fortification on-site, from sourcing, rheology,…
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SOUTH AFRICA- The BRICS (Brazil, Russia, India, China, and South Africa) foreign ministers concluded their meeting at Cape Town in South Africa, calling for full and effective implementation of the Black Sea Grain Initiative. These leaders strongly condemned terrorism in all its forms and manifestations whenever, wherever, and by whomsoever committed. The foreign minister recognized the threat emanating from terrorism…
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