Tyson expects a deeper beef loss of up to US$775 million as cattle shortages and volatile prices drive margin pressure and prompt further operational changes.
The resolution clears the way for Bacita’s planned modernisation, expanded sugarcane cultivation, outgrower schemes, and development of an integrated agro-industrial ecosystem.
The four-year financing will help ICP secure sustainably sourced cocoa beans and strengthen local processing as Côte d’Ivoire expands value addition in the cocoa sector.
The cocoa exporter completed its Series 1 redemption on schedule after attracting N165.73 billion in subscriptions across three commercial paper issuances.
Rostom said digital transformation remains a key pillar of Egypt’s efforts to build a modern economy.