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EMEA- Global ingredient manufacturer Kemin Industries has unveiled its latest ingredient in the EMEA region (Europe, Middle East, and Africa) that inhibits mold growth and allows manufacturers to extend the shelf life of bakery products without synthetic additives. The product, Shield V Plus Dry, is a natural ingredient that combines buffered vinegar and botanical extracts to prevent mold growth in…
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USA- A team of wheat buyers from Nigeria and Kenya recently toured the United States, learning about the supply chain for hard red winter, hard red spring, and hard white wheat, according to a report by World Grain. According to the US Wheat Associates (USW) which was guiding the visiting team, Nigeria is an established customer and the fourth-largest importer…
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AFRICA- A recent report by Rabobank provides that the growing population, urbanization, and dietary changes in eastern Sub-Saharan Africa (ESSA) will boost the consumption of grains, especially wheat, in the next decade. The report also reveals that this growth in demand will provide considerable opportunities for trade and business development in the region. According to the report, ESSA comprises 22…
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AFRICA – PhosAgro Group, one of the Russian-based world’s largest producers of phosphate-based fertilizers, plans to double its fertilizer exports to Africa in the next three years. The sentiments were made by Mikhail Rybnikov, PhosAgro CEO during the Russia–Africa Economic and Humanitarian Forum. To achieve the objective, Rybnikov added, the Company plans to expand its export potential to Africa with…
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RUSSIA- Following its withdrawal from the UN-brokered Black Sea grain initiative, Russia boasts of its ability to replace exports of Ukrainian grain to Africa, according to a recent statement by President Vladimir Putin. According to the statement published on the Kremlin’s website, Russia intends to continue its energetic efforts to provide supplies of grain, food products, fertilizers, and other goods…
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MENA- Invictus Investment Company, a UAE-based agricultural commodity trader, has announced plans to invest US$272 million to expand into the MENA region via acquisitions and joint ventures with regional entities. The expansion will see the Abu Dhabi-listed firm significantly increase its presence in Africa to potentially include Morocco, Algeria, Kenya, Tanzania, and Mozambique. According to a statement issued by the…
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KENYA – One of the largest flour milling companies in Kenya, Capwell Industries Ltd, bagged the New Product of the Year Award for their innovative product, Soko Nutrigo Whole Grain Maize Meal, at the just concluded Africa Food Awards 2023, held in Nairobi, Kenya. Soko Nutrigo joined Capwell’s stable of maize meals comprising the Soko Maize meal and the premium sifted…
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ETHIOPIA- Global commodities trading company Louis Dreyfus Company is celebrating its 10th year of organically producing coffee in Ethiopia – a decade in which its coffee origination program has grown exponentially in volume and value, focusing on specialty coffees. LDC holds the coffee that grows in Ethiopia in high regard and has witnessed its growing worldwide demand during its tenure…
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ITALY- Global ingredients manufacturer Kemin Industries recently appointed João Marcelo Gomes as President of Kemin Food Technologies – EMEA (Europe, Middle East, and Africa) as the unit considers regional expansion. The 62-year-old company manufactures over 500 ingredients for different applications in food and feed, serving customers in over 120 countries globally. The EMEA region has been a significant part of…
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GHANA – Paddy rice production in Ghana is expected to stand at 1.1 million tonnes in the 2023/24 rice season which starts in April, according to the latest report by the United States Department of Agriculture (USDA). Agence Ecofin citing the report noted that the announced volume would mark a 16% increase compared to the stock of 987,000 tonnes harvested…
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