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TOGO – The government of Japan within the framework of the Kennedy Round food assistance project has donated a total of US$1.7 million to buy 3,600 tons of rice in Togo. The agreement was inked on September 25, in Lomé, by the Japanese Ambassador to Togo, Ikkatai Katsuya, and the Togolese Minister of Agriculture, Antoine Gbégbéni. According to the executives,…
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KENYA – Kapa Foods Innovations Limited, a Kenyan-based joint venture company between Sojitz Corporation (“Sojitz”) and Kapa Oil Refineries Limited (KOR) has released an instant noodle offering ‘Nala Instant Noodles, expanding its presence in the convenient foods market. Headquartered in Tokyo, Japan, Sojitz Corp (Sojitz) is an integrated global trading and investment group with operations in the America, Europe, the…
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USA – NIPPN Corp., one of the largest flour millers in Japan, is entering the U.S. flour milling market through a US$ 25 million (3.3 billion yen) investment for a 25% stake in Utah Flour Milling, Just Foods reports. Utah Flour is a newly planned flour mill to be constructed by PHM Brands LLC, a vertically integrated agriculture and biotech company and…
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ETHIOPIA – Ethiopia has embarked on an aggressive agricultural expansion drive with Agricultural Businesses Corporation (EABC) committing to distribute 253,000 quintals (25,300 tonnes) of seeds this coming season, ENA has reported. The Ethiopian Agricultural Businesses Corporation (EABC) is a public enterprise established in December 2015 that provides agricultural inputs and technologies to improve production and productivity. It is also mandated to boost modern…
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JAPAN – Japanese snack food maker, Calbee, plans to invest about 140 billion yen (US$1 billion) in automation, mergers and acquisitions (M&A), and facility upgrades to bolster its operations both at home and abroad. According to COO and incoming President and CEO Makoto Ehara, the company has earmarked North America and China as key markets to boost its recognition as…
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