LATEST NEWS
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Retail-tech startup Omnibiz secures US$15m pre-Series A round to accelerate growth
NIGERIA – Omnibiz, a retail-tech startup, has secured a US$15 million pre-Series A round of funding led by Timon Capital to accelerate retailer growth and…
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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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Lindt & Sprüngli exit Russia citing the invasion of Ukraine
RUSSIA— Swiss chocolate maker Lindt & Sprüngli has decided to withdraw from the Russian market five months after suspending operations in the country, citing the…
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Brazil soybean crop to deliver despite problematic weather
BRAZIL— Despite problematic weather conditions, the soybean crop performed slightly better than expected. Post revised up the forecast for 2022/23 soybean production to 144 million…
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Dry and warm conditions across the EU anticipated to reduce grain production
EU— Dry and warm conditions across the EU, combined with a decline in corn plantings, are anticipated to reduce the bloc’s total grain production in…