AFRICAN & MIDDLE EAST NEWS
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TADB partner with AGF to support agribusiness enterprises in Tanzania with US$20m financing
TANZANIA – Tanzania Agricultural Development Bank (TADB) has signed a Memorandum of Understanding with African Guarantee Fund for Small and Medium-sized Enterprises (AGF), that will…
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Dwindling capacity of slaughter-ready animals in Namibia take huge bite in Meatco’s earnings
NAMIBIA – Meat Corporation (Meatco), a state-owned meat processing and marketing entity in Namibia, has reported a loss of N$118 million (US$8.21m) for the year…
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South African sugar manufacturing giants RCL Foods, Tongaat Hulett expect rise in full year earnings
SOUTH AFRICA – RCL Foods, South African consumer goods and milling company expects its profit for the year ended June 2021, to exponentially rise by…
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IFAD supports Guinea’s agriculture sector recover from COVID-19 pandemic by issuing a grant
GUINEA – The International Fund for Agricultural Development (IFAD), is seeking to provide the Republic of Guinea with a grant worth US$530,840, to improve the…
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Cameroonian animal feed producer expands operation with US$9m investment in new plants
CAMEROON – Cameroonian animal feed producer, SPC (Société des provenderies du Cameroun), is undertaking a XAF5 billion (US$9m) investment plan to expand its footprint in…