Editor
-
Zimbabwe sugar cane farmers get backing from commercial bank CABS, avails US$2m financing facility
ZIMBABWE – Zimbabwean commercial bank, CABS has availed a US$2 million financing facility to support sugar cane farmers in the country increase production. According to…
-
2020: A Review: Covid-19 knocks the sail on deals in 2020 but Africa’s food industry remains positive
Deals are the lingo of businesses and the food and beverage industry in Africa had its fair share in 2020. Despite the pandemic, companies found…
-
Fan Milk Ghana reports massive decline in full year profit dropping by 97% due to COVID-19 pandemic
GHANA – Fan Milk Ghana, subsidiary of multinational food-products corporation Danone has reported a 12% decline in full year revenue to GH¢373.58 million (US$64.9m), despite…
-
Instant noodles maker Dufil unveils Series 3 and 4 Commercial Papers to support short term funding needs
NIGERIA – Dufil Prima Foods Plc, Nigeria’s pioneer, and largest producer of instant noodles has announced the issuance of its N30 billion (US$78.7m) Series 3…
-
Zimbabwe to tap into aquaculture, development of fisheries to meet growing demand
ZIMBABWE – Zimbabwean’s meat consumption is estimated at 120, 000 tonnes of broiler chicken meat, 72, 000 tonnes of beef, 50, 000 tonnes of fish,…