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Fats, Oils, Oilseeds & Nuts
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India turns to Russia for sunflower oil supplies to ease vegetable oil shortage
INDIA – India has turned to Russia for sunflower oil supplies to beef up local supplies which have been dwindling since the outbreak of the…
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Pyxus Agriculture Limited inaugurates groundnut processing plant in Malawi
MALAWI – Pyxus Agriculture Limited, Malawian processor focusing on value addition of groundnuts and sunflower, has opened a new ground nut processing plant with a…
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Tanzania based cashew processor YYTZ cliches US$1.3m financing to accelerate expansion
TANZANIA – YYTZ, a Tanzanian cashew processor has closed its extended series seed funding totalling US$1.3m that was running in 2020 and 2021. The round…
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Nigerian palm oil processing firm Presco eyes full ownership of Siat Nigeria Limited
NIGERIA – Presco Plc, a fully integrated oil palm processing firm in Nigeria is seeking to take full ownership of its competitor Siat Nigeria Limited…
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HRD Industries invests US$12 million in cashew nut shell processing plant in Benin
BENIN – HRD Industries, a subsidiary of Indian multinational HRD Group, is seeking to set up a US$12 million (CFA 7 billion) cashew nut shell…