AFRICAN & MIDDLE EAST NEWS
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COVID-19 interrupts Southern Africa, USA agricultural trade slashing it by 17% in 2020
SOUTH AFRICA – The bullish Southern Africa and United States agricultural trade which has always ranged from US$983 million to about US$1.7 billion per year,…
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Uganda welcomes second Carrefour store as the retailer continues with expansion plans in East Africa
UGANDA – Dubai-based conglomerate Majid Al Futtaim (MAF) and the regional franchise holder of Carrefour has opened its second store in Uganda. Launch of the…
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Shoprite soars above COVID-19 hiccups reporting 4.7% rise in half year sales, banking on home market
SOUTH AFRICA – South African retailer Shoprite has eased Africa push to focus on domestic market gains with the supermarket chain owner revealing that it…
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Malawi’s agriculture sector prevailed COVID-19 headwinds registering 6.6% growth
MALAWI – The agriculture sector of Malawi has reported a 6.6% jump in the fourth quarter of 2020, a rise from 4.3% achieved in 2019.…
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Zimbabwean grain millers to invest US$8 million towards breakfast category in anticipation of bumper harvest
ZIMBABWE – In anticipation of a bumper grain harvest in the 2020/21 season, Zimbabwean millers are seeking to pump US$8 million towards the breakfast category.…