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Financials & Economy
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Egypt seeks barter trade agreement with Kenya for tea amid dollar shortage
EGYPT – Egypt is considering a unique solution to sustain its tea trade with Kenya amid a severe shortage of US dollars in both countries…
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FAO reveals US$105B hidden costs in Nigeria’s Agri-food system underscoring global need for true cost accounting
NIGERIA – A recent report by the Food and Agriculture Organisation (FAO) has shed light on the environmental, health, and social hidden costs of Nigeria’s…
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Danone cuts Alpro plant-based milk prices in Belgium to boost consumption
BELGIUM – Danone, a global food and beverage company, has initiated a six-week promotion in collaboration with retailers to lower the prices of Alpro plant-based…
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Global food commodity prices continue four-month decline as FAO Index drops 10.9% year-on-year in October
GLOBAL – In a trend spanning four consecutive months, global food commodity prices have continued to retreat, with sugar prices playing a crucial role in…
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El Niño phenomenon expected to impact global palm oil supply in 2024
GLOBAL – Palm oil, the most widely used cooking oil in the world, is facing potential supply disruptions in 2024 due to the recurrence of…