LATEST NEWS
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Shoprite shuts down operations in Nigeria
Workers, suppliers, and mall tenants face declining income and uncertain recovery
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Hain Celestial sells North American snacks business to Snackruptors for US$115M
Hain Celestial divests its North American snacks unit to Snackruptors for $115 million as part of a strategy to reduce debt and refocus on core food and beverage categories.
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IFC considers US$40M investment in Nile Sugar project to boost Egypt’s sugar production
IFC is reviewing a $40 million loan to support Nile Sugar’s expansion in Upper Egypt, aiming to strengthen domestic sugar production and reduce reliance on imports.
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Ghana bans land transit of sugar, rice and other imports to curb smuggling and protect revenue
Ghana introduces new border controls banning land transit of key imported goods to prevent revenue leakages and curb smuggling through abuse of the transit trade regime.
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Nigerian Breweries cultivates local barley to cut US$150M import billl, build domestic supply chain
Nigerian Breweries successfully pilots local barley cultivation with smallholder farmers, aiming to reduce imports and develop a sustainable domestic barley supply chain for Nigeria’s brewing industry.