AFRICAN & MIDDLE EAST NEWS
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Seed Co International posts bumper profits following stellar performance in all its markets
AFRICA – Seed Co International Limited (SCIL), has recorded a 26% spike in revenue to US$88.5 million in the year ended March 2021, compared to…
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Absa Bank Ghana alongside other investors participate in Ghanaian Green Gold Farms’ US$1.6m fundraising
GHANA – Green Gold Farms, a Ghanaian agribusiness start-up, has completed raising US$1.6 million from Absa Bank Ghana, Diaspora Capital, Channel Ventures, EPMT Fund, and…
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Leading Moroccan agricultural companies CMGP, CAS complete merger creating pan-African entity
MOROCCO – African Development Partners II (ADP II), a fund advised by Development Partners International (DPI), and AfricInvest, have announced the completion of merger between…
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Flour Mills of Nigeria reports triple digit growth in profit despite economic headwinds
NIGERIA – Flour Mills of Nigeria (FMN) Plc, one of Nigeria’s leading food and agro-allied companies, has achieved impressive top-line and bottom-line growth in the…
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Nigeria’s Ellah Lakes crosses boarder into Ghana, enters into partnership with KJM Trading Limited
WEST AFRICA – Ellah Lakes Plc, a diversified Nigerian agribusiness company has entered into a partnership with Ghanaian KJM Trading Limited, to establish its presence…