Fats, Oils, Oilseeds & Nuts
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Nigeria’s Agvest Limited to list US$12.1m cashew nut contracts to raise funds for expansion
NIGERIA – Agvest Limited, Nigerian agricultural value chain player, is seeking to list cashew nut contracts worth N5 billion (US$12.1m) through diversified financial instruments. The…
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Global oilseed production to grow 5 percent in 2021/22 buoyed by rise in soybean output in the Americas
GLOBAL – The global oilseed production is forecast to grow 5 percent in 2021/22, primarily on growth in soybean output in the United States and…
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IFC, FMO to back Tunisian olive oil producer CHO Company with US$14m financing
TUNISIA – One of Tunisia’s largest olive oil producers, CHO Company is eyeing €12 million (US$14.4m) long-term financing facility from the International Finance Corporation (IFC)and…
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Alliance Ginneries Limited invests US$11m in construction of soybean oil processing plant in Zambia
ZAMBIA – Alliance Ginneries Limited (AGL), a cotton ginning company operating in Southern Africa is seeking to diversify its operation by venturing into soybean oil…
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Egypt’s local production of edible oil, meal to rise following expansion of crushing capacity
EGYPT – Egypt to continue relying on oil seed imports as a result of expansion of its crushing industry and local production being far below…