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AFRICAN & MIDDLE EAST NEWS
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Cameroon attains rise in cocoa production while Uganda continues growth trend in coffee export volumes
CAMEROON/UGANDA – Cameroon has registered a 12% rise in cocoa production in the 2020/2021 season to 292,471 tons. The 35,319 tons increase in produced volumes…
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Old Mutual managed fund ULIMI backs growth of Malawi’s macadamia sector with investment in Gala Agriculture
MALAWI – ULIMI Fund, a private equity fund managed by Old Mutual Investment Group Malawi, has made an undisclosed amount of investment in Gala Agriculture…
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Ugandan agro-processor Pura Organics receives US$2.5m investment from Pearl Capital Partners
UGANDA – Pura Organic Agro Tech Ltd, an agro-processing company focused on the cassava value chain in Uganda, has clinched a US$2.5 million straight equity…
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Researches call for reintroduction of millet as staple to minimize risk of developing diabetes, management of condition
AFRICA – Grains such as millets were consumed as staple cereals in many parts of the world until half a century ago. The norm shifted…
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Francophone countries lead in Africa’s wine consuming ranking courtesy of historic influences
AFRICA – Across the globe people are opening wine bottles in bars, restaurants and homes ready to kick back and relax or add a perfect…