Namibia’s inflation eases as cooking oil, bread prices drop
NAMIBIA – The latest data from the Namibia Statistics Agency (NSA) has reported a...
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Category: Financials & Economy
Tanzania’s fertilizer import bill soars 155% amid global price rise
TANZANIA – According to recent statistics from the Bank of Tanzania (BoT), the import value...
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Indomie Nigeria slashes prices in a strategic response to economic challenges
NIGERIA – Dufil Prima Foods Limited, the maker of Indomie Instant Noodles, has announced a...
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Morocco’s OCP Group saw a 49% profit dip in 2023 due to dropping revenues, rising expenses
MOROCCO – Morocco’s phosphates and fertilizers giant, OCP Group, stated in its recent...
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BUA Foods PLC’s profit surges 23% despite Naira devaluation
NIGERIA – BUA Foods, a leading Food and Fast-moving consumer goods (FMCG) in Nigeria has...
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General Mills reports decline in pet segment sales in Q3 amid supply chain challenges
USA – General Mills faced a challenging third quarter in fiscal 2024, grappling with supply...
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General Mills yet to cope with elevated operating costs 4 years post-pandemic
USA – General Mills, an American multinational manufacturer of processed consumer foods has...
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National Foods reports strong revenue growth driven by volume surge in stock feed, flour divisions
ZIMBABWE – National Foods Ltd, a leading agri-industrial company in Zimbabwe has witnessed a...
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Louis Dreyfus Co. demonstrates resilience amid challenges
NETHERLANDS – Louis Dreyfus Co. (LDC) has announced its financial results for the year...
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ADM discloses accounting issues, unveils plan to address concerns
USA – Archer-Daniels-Midland Co. (ADM), a global grains merchant, has confirmed accounting...
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Saudi’s First Milling Company reports a US$257.1M revenue for FY2023 driven by a surge in flour, bran production
SAUDI ARABIA – First Milling Company, a market-leading Saudi milling company has reported...
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Unga Group Plc reports 160% net profit loss amid rising input costs and currency volatility
KENYA – The Kenyan-listed food processing firm, Unga Group Plc, reported a net loss of KES...
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