Fats, Oils, Oilseeds & Nuts
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MiAlgae secures US$2.7m funding to scale sustainable production of Omega 3 oils
SCOTLAND— Scottish biotechnology start-up, MiAlgae has attracted further investment of £2.3m (US$2.77m), to help drive growth of its platform for the production of sustainable Omega…
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Mozambique beefs up local production of cooking oil with opening of new factory
MOZAMBIQUE – Niassa Cotton Company (SAN), subsidiary of Portuguese Joao Ferreira dos Santos group in Mozambique, has opened a new vegetable oil factory in the…
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Enezol new fry oil reduces food industry waste, carbon footprint
CANADA– Canadian clean energy company Enezol, working alongside Japanese and Australian research firms specializing in advanced food science, has produced all-natural vegetable-based fry oils that…
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Ghana Export-Import Bank boosts coconut production in new US$3.2m project
GHANA – Ghana Export-Import (EXIM) Bank has embarked on a GH¢ 30 million (US$3.2m) Coconut for Life project targeted at increasing the country’s coconut production.…
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Benin’s Africa Negoce Industries receives US$2.7m financial backing from Oikocredit
BENIN – Social impact investor Oikocredit has provided a credit line of € 2.7 million (US$2.7m) to Africa Negoce Industries (ANI), a cashew trading and…