LATEST NEWS
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Cargill increases grain industry dominance with full control of Dakota Plains Ag Center
USA— American global food corporation Cargill increases grain industry dominance with full control of Dakota Plains Ag Center after buying out partner Agrex. Dakota Plains…
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Mexico seeks to tame run away food prices with waiver on import duties
MEXICO – The government of Mexico has suspended import duties on food staples including corn oil, rice and wheat an attempt to tame soaring inflation.…
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Shoprite Checkers establishes US$599m evergreen B-BBEE employee trust
SOUTH AFRICA – JSE-listed retailer Shoprite Holdings, through its subsidiary Shoprite Checkers Propriety Limited, has formed an Employee Trust with 40 million Shoprite Checkers’ shares…
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French Development Agency loans US$104.78M to Moroccan Water Company
MOROCCO – The French Development Agency (AFD) has agreed to provide MAD1.05 billion (US$104.78 million) loan to Morocco’s RADEEM and RADEETA through two separate agreements.…
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B2B food distributor in Southern Africa Nile raises US$5.1m equity round led by Naspers Foundry
SOUTH AFRICA – Nile, an agritech company that connects farmers to buyers of fresh produce in Southern Africa, has raised R83 million (US$5.1m) equity round…