AFRICAN & MIDDLE EAST NEWS
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Egyptian snacks manufacturer Edita Food receives US$5.725m financing from NBK
EGYPT – Edita Food Industries, Egyptian leader in packaged snack food market has inked a medium-term financing contract worth EGP 90m (US$5.725m) with the National…
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New animal feed factory opens in Angola boosting local production
ANGOLA – Angola has welcomed the inauguration of a new animal feed factory, Rações KN by WM Group a multi-industrial player, with a production capacity…
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Delta Corporation Limited undertakes Executive restructuring following CEO scheduled retirement
ZIMBABWE – Zimbabwe Stock Exchange-listed beverages producer, Delta Corporation has announced the retirement of its CEO Mr Pearson Gowero with effect 30 June 2021, after…
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Zimbabwe agri-tech startup bags grant funding from Hult Prize for expansion
ZIMBABWE – Zimbabwean agri-tech startup Farmhut has secured US$100,000 in grant funding after being selected as one of the winners of the Hult Prize competition.…
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Heifer International, Rwandan government announce US$10m investment in livestock farmers
RWANDA – International development organization, Heifer International and the Rwanda Ministry of Agriculture have partnered to invest more than US$10 million in livestock industry and…