LATEST NEWS
-
India’s annual coffee production to increase by 5% as Honduras, Indonesia record declines
INDIA – India’s Coffee production for marketing year (M/Y) ) 2021/22 is forecast to increase by 5 percent to 5.41 million 60-kilogram bags as above…
-
Indian food processor Allana Group halts operations in Ethiopian unit following harsh operating environment
ETHIOPIA – Frigorifico Boran Foods Plc, the Ethiopian subsidiary of India-based Allana Group, has shut down its US$60m abattoir, after slightly over a year since…
-
Nigeria’s Agvest Limited to list US$12.1m cashew nut contracts to raise funds for expansion
NIGERIA – Agvest Limited, Nigerian agricultural value chain player, is seeking to list cashew nut contracts worth N5 billion (US$12.1m) through diversified financial instruments. The…
-
Shoprite holdings appoints two new non-executive directors to its board
SOUTH AFRICA – Shoprite Holdings Ltd, Africa’s largest consumer goods retailer has added new blood to its board with the appointment of two respectable and…
-
Kakuzi Plc to strengthen business with earmarked US$3.7m capital injection
KENYA – Kenyan integrated agri-business firm, Kakuzi Plc, has announced that it will invest more than Ksh400 million (US$3.7m) in capital expenditures (CAPEX) this year,…