AFRICAN & MIDDLE EAST NEWS
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Nigeria’s palm oil production to rise on back of private, public sector investment efforts
NIGERIA – Nigeria’s palm oil production in the Marketing Year (MY) 2021/22 is expected to reach 1.4 million metric tons (MMT), up about 9 percent…
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Rwanda to boost local production of edible oil with US$10m investment in new processing plant
RWANDA – Kayonza Distribution Company Ltd, a Rwandese retail and distribution company, has invested US$10 million in the establishment of an edible oil manufacturing plant.…
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Tunisian olive oil producer CHO company clinches US$26m financing, management support from IFC
TUNISIA – One of Tunisia’s largest olive oil producers, CHO Company, has been offered a financing and advisory services package by World Bank Group’s IFC,…
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IFC, Kobo360 identifies global innovators to pilot sustainable cooling innovations in Nigeria
NIGERIA – IFC in partnership with Kobo360, an African digital logistics platform, have selected eleven global innovators to take part in the recently launched TechEmerge…
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Golden Penny incorporates classic Nigerian goat meat pepper soup flavour into its new noodles
NIGERIA – Golden Penny, the iconic brand of Flour Mills of Nigeria, has launched a new flavour for its noodles brand, now coming in Goat…