LATEST NEWS
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IFC to save Egyptian farmers US$875m annually by fostering transition to solar irrigation systems
EGYPT – IFC, a member of the World Bank Group has partnered with ALEXBANK, an Egyptian private bank to provide financing to farmers to enable…
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Global shipping company Hapag-Lloyd to strengthen position in Africa with acquisition of NileDutch
WEST AFRICA – Hapag-Lloyd, a German shipping company mainly transporting agricultural goods out of Africa is seeking to take full ownership of the Dutch container…
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Commodity trading giant Cargill appoints first female chief finance officer
US – America’s largest privately owned corporation, Cargill has appointed Jamie Miller as the company’s new chief financial officer (CFO). Her appointment becomes effective on…
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Delivery startup Quench gets funding from Imvelo Ventures, eyes further expansion
SOUTH AFRICA – Quench, South African same-day delivery startup has obtained an undisclosed amount of funding from Imvelo Ventures to help it build brand awareness…
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New Zealand dairy cooperative Fonterra to exit China to focus on home market
NEW ZEALAND – New Zealand multinational publicly traded dairy co-operative, Fonterra has announced plans to divest from its businesses in China, in a move to…