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Nestlé posts 7.7% organic growth in Q1 as Heineken remains resilient amid mounting challenges
EUROPE – Nestlé, the world’s biggest company, has recorded 7.7% organic sales growth in the first quarter, driven by a boost in coffee sales and…
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Insurtech start-up OKO raises US$1.2m to bring innovative products to smallholder farmers in Africa
MALI – Insurtech start-up OKO, a provider of inclusive agricultural insurance to secure farmers’ income across Africa, has closed a seed investment of US$1.2 million…
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SA retailer Pick n Pay reports 21.4% decline in annual earnings weighed down trade restrictions
SOUTH AFRICA – South African retail chain, Pick n Pay reported an increase in group turnover by 4.3% to R93.1 billion (US$6.5 billion) for the…
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China soybean imports from US surge in March as Brazil temporarily halts import duties to curtail inflation
CHINA — China’s soybean imports from the United States in March increased 320% to 7.18 million tonnes as delivery from the world’s top soybean exporter…
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Researchers work to upcycle avocado waste into biodegradable packaging system
SPAIN – Researchers under the Guacapack Project are developing a biodegradable packaging system from avocado waste capable of extending food shelf life by 15 percent.…