LATEST NEWS
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AfDB approves loans to Zambia, Malawi and Zimbabwe to scale up food production
SOUTHERN AFRICA – The African Development Bank (AfDB) has approved loans to Zambia, Malawi and Zimbabwe to scale up food production. The loans have been…
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General Mills partners ALUS on US$2.3m Regenerative Agriculture investment
CANADA— General Mills is investing $2.3 million as part of a multi-year partnership with ALUS to support farmers and accelerate regenerative agriculture in Manitoba and…
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Buhler and Al-Hazaa open state-of-the-art flour mill in Jordan
JORDAN— Swiss technology group Bühler and Jordanian Al-Hazaa Investment Group have opened the Red Sea Flour (Ayla Mill) in Aqaba, Jordan powered by Bühler’s state-of-the-art…
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Grupo Bimbo posts record Q2 net profit on increased demand
MEXICO— Mexican bakery giant Grupo Bimbo reported second-quarter net profit doubled from the same period the previous year, and the company raised its sales and…
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Cargill, Continental Grain finalize US$4.5b Sanderson Farms acquisition
USA— Cargill and Continental Grain Company have finalized their US$4.5billion acquisition of Sanderson Farms, Inc. through a joint venture between the two companies. Following the…