UK – As part of Nestlé’s 2050 net zero roadmap, the Swiss multinational food giant has begun pilot testing for a new sustainable agriculture solution that uses cocoa shells to create a low-carbon fertilizer in the United Kingdom. As part of the deal, Cargill will process the cocoa at its York facility to create ingredients for Nestle’s confectionary brands, and…
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Egypt weighs swapping Russian wheat for France, Bulgaria
EGYPT – Egypt is considering sourcing nearly 500,000 tons of wheat from France and Bulgaria after Moscow blocked the supply of Russian grain, Zawya has reported. The decision came after Russia halted supplying wheat, objecting to the pricing of a mega-deal as the authorities in Moscow seek to impose an unofficial minimum price on grain deals. It’s the second time…
Read MoreGhana seeks investments in rice mills and drying facilities to cope with the surging production
GHANA – Ghanaian officials in agriculture have called for more investments in rice mills and drying facilities in the Adansi South District to cope with the increasing production of the food crop in the area. Speaking to the Ghana News Agency in an interview, Mr. Alfred David Mensah, Adansi South District Director of Agriculture said that rice production in the…
Read MoreCôte d’Ivoire temporarily suspends rice, sugar export to curb domestic price hikes
CÔTE D’IVOIRE – The Ivorian government has announced a precautionary suspension of the export of local rice and sugar, for the period from September 18 to December 31, 2023, to protect the purchasing power of the population. The decision follows strong tensions in recent days due to the skyrocketing prices of rice and sugar in the Ivorian market. According to…
Read MoreZEMA to set up two organic fertilizer blending plants in Lusaka
ZAMBIA – Zambia Environmental Management Agency (ZEMA) has approved two organic fertilizer blending plant projects with total investment values of US$2 million and US$1 million respectively in Chilanga, Lusaka. Speaking to Zambia Monitor, ZEMA acting Director General, Maxwell Nkoya, said the decision was as per the Environmental Management Act No. 12 of 2012 and the Environmental Protection and Pollution Control…
Read MoreEgypt purchases 3.8M tons of wheat from local farmers as the country makes effort toward self-sufficiency
EGYPT – The Egyptian cabinet has announced that the Ministry of Supply and Internal Trade purchased 3.8 million tons of wheat from local farmers during this year’s harvest season which started in April and ended in September. According to the statement, the volume aligns with the initial plan by governments to procure four million tons of local wheat supplies from…
Read MoreRIPAN asks the state to import 2MMT of husked rice to ease the pain of rising prices
NIGERIA – The Rice Processors Association of Nigeria (RIPAN) has urged the federal government to enter into a rice trade agreement with India to import two million metric tonnes (2MMT) of husked brown rice for millers to stabilize the prices of the grain in the country. The call comes as millers scramble for paddy amid a worsening shortage in Africa’s…
Read MoreCOTTCO Holdings Zimbabwe to start producing cooking oil next year
ZIMBABWE – COTTCO Holdings, a listed cotton procuring, processing, and marketing company plans to explore the edible oil market in Zimbabwe with an oil expression plant in Gokwe, Midlands. The company revealed the plan during the release of an interim report for the trading period update for the 14 months to August 2023. According to Cottco, the move is part…
Read MoreUganda embarks on a US$159.93M initiative to revive edible fats and oils earnings after contracting by 70%
UGANDA – Uganda has rolled out a seven-year project plan worth US$159.93 million aimed at revitalizing its declining export earnings from edible fats and oils, which have decreased by nearly 70%. According to The East African, export earnings fell from Ush1.05 trillion (US$281.1 million) in the same period last year to Ush338.2 billion (US$90.5 million) in July 2023. Uganda has…
Read MoreEni Angola to start production of vegetable oil in 2024
ANGOLA – Italian multinational oil and gas company Eni has revealed its plans to establish an “agro bio” business, an agro-industrial complex that will focus on large-scale production of vegetable oil in Angola starting next year. The announcement was made by Guido Brusco, the company’s Natural Resources Director at the Angola Oil & Gas conference held in Luanda. Brusco revealed…
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