Fresh Produce – African & Middle East News

The new banana variety, NARITA 17, offers higher yields and disease resistance, giving farmers in Uganda a major boost.

Strong demand for Fuerte avocados in Turkey is driving Kenyan exports, while the Hass season faces uncertainty due to shipping risks.

The company has reported a 10.1% increase in revenue for 2024, reaching US$2.41 billion, alongside a 51.8% rise in commodity transaction volumes.

Fresh Del Monte strengthens its specialty ingredients division and sustainability initiatives with a majority stake in Uganda-based Avolio.

Despite these setbacks, the Kakuzi Board has recommended a final dividend of Ksh 8 (approximately US$0.06)) per share.