AFRICAN & MIDDLE EAST NEWS
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Ivory Coast eyes US$1.2 billion financing from EU to aid its gradual transition to sustainable cocoa production
IVORY COAST – The world’s leading cocoa producing country Ivory Coast, is set to clinch €1bln (US$1.2 billion) financing from the European Union over the…
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Zimbabwe sugar cane farmers get backing from commercial bank CABS, avails US$2m financing facility
ZIMBABWE – Zimbabwean commercial bank, CABS has availed a US$2 million financing facility to support sugar cane farmers in the country increase production. According to…
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Fan Milk Ghana reports massive decline in full year profit dropping by 97% due to COVID-19 pandemic
GHANA – Fan Milk Ghana, subsidiary of multinational food-products corporation Danone has reported a 12% decline in full year revenue to GH¢373.58 million (US$64.9m), despite…
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Instant noodles maker Dufil unveils Series 3 and 4 Commercial Papers to support short term funding needs
NIGERIA – Dufil Prima Foods Plc, Nigeria’s pioneer, and largest producer of instant noodles has announced the issuance of its N30 billion (US$78.7m) Series 3…
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Zimbabwe to tap into aquaculture, development of fisheries to meet growing demand
ZIMBABWE – Zimbabwean’s meat consumption is estimated at 120, 000 tonnes of broiler chicken meat, 72, 000 tonnes of beef, 50, 000 tonnes of fish,…