AFRICAN & MIDDLE EAST NEWS
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COVID-19 shocks on Nigeria’s retail sector to still shape its performance in 2021
NIGERIA – The coronavirus pandemic has caused retailers to retool their operational, merchandising, and marketing strategies to align with consumers’ changing shopping habits across the…
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Egypt’s export of food industries marginally grew by 1% in 11 months of 2020 earning US$3.2 billion
EGYPT – Egypt’s annual exports of food industries increased 1% during the first 11 months of 2020, recording US$3.2 billion, according to head of the…
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Global malting company Boortmalt kick starts production at its US$71m plant in Ethiopia
ETHIOPIA – Boortmalt, world’s leading malting company has commenced operation at its new Birr 2.8 billion (US$71.6m) plant inside the Debre Birhan Industrial Park Zone.…
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Rwandan agro-processing firm Inyange Industries to pump US$20m in construction of milk powder plant
RWANDA – Inyange Industries, one of the leading food processing companies in Rwanda is seeking to invest US$20.8 million to set up a milk powder…
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SA startup Nile introduces online marketplace connecting producers to commercial buyers
SOUTH AFRICA – South African agritech startup Nile is unlocking wider revenue stream for farmers with the launch of a tech-enabled trading market place that…