LATEST NEWS
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ETG’s subsidiary secures US$30m to support West Africa cocoa, cashew value chains
WEST AFRICA – Agri Commodities & Finance FZ-LLC, the UAE subsidiary of Export Trading Group (ETG), has secured US$30.75 Million extended loan from Symbiotics, a…
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Uganda earns US$49.47m from October coffee exports as newly planted trees start to yield
UGANDA – Uganda coffee exports in October 2021 amounted to 486,534 60-kilo bags worth US$61.43 million, comprising of 426,148 bags of Robusta valued at US$49.47…
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Civil unrest, product recall eat into Tiger Brands earnings resulting in 6% decline of HEPS
SOUTH AFRICA – South African food manufacturing giant, Tiger Brands, has reported a 4% rise in full year revenue for the year ended September 2021…
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Nigerian spice processor Agricorp diversifies operations into poultry farming with US$9m investment
NIGERIA – Agricorp International, one of Nigeria’s fast growing agro-processing companies has deepen its portfolio to include livestock production, processing and eventual export. The company…
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Unilever to sell struggling tea business to CVC Capital Partners for US$5B
UK – British multinational consumer goods company, Unilever Plc has agreed to sell its global tea business to CVC Capital Partners for 4.5 billion euros…