AFRICAN & MIDDLE EAST NEWS
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USAID partners with Senegalese companies to realize US$9.9m investment in food industry
SENEGAL – The USAID-funded West Africa Trade & Investment Hub (Trade Hub) has entered into a US$9.9 million co-investment partnership with a trio of Senegalese…
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SimpliFine launches factory in Kenya seeking to expand market share in frozen foods, ready-to-cook segment
KENYA – SimpliFine, a food production company offering fresh, locally-sourced meat, vegetables, baked goods, and other foods to restaurants, hotels, and retail grocers across East…
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Flour Mills of Nigeria showcases amazing top line performance in first quarter as it remains profitable
NIGERIA – Flour Mills of Nigeria (FMN) Plc, one of Nigeria’s leading food and agro-allied companies, has started the year with a bang announcing a…
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High volumes sales sweeten Dangote Sugar Refinery’s half year revenue rising by 27.8%
NIGERIA – One of Nigeria’s leading sugar processors, Dangote Sugar Refinery, has recorded a double-digit growth in its half-year revenue for the period ended June…
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Retailer OK Zimbabwe registers 49% growth in revenue driven by rise in volume sales
ZIMBABWE – Zimbabwe’s largest retail group, OK Zimbabwe has reported a 49% surge in revenue in the first quarter of its current financial year to…