AFRICAN & MIDDLE EAST NEWS
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Mondelēz names Othmane Nadifi as Gulf Managing Director
Nadifi’s appointment follows leadership changes across Mondelēz’s African and Middle Eastern operations as the snacking group reports revenue growth in the second quarter of 2026.
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Senegal to halt sugar imports as domestic production resumes
The restriction aims to support Compagnie Sucrière Sénégalaise, with Brazil facing potential disruption as Senegal’s largest sugar supplier.
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KTDA’S Chai Trading Company unveils five-year strategic plan
The strategy includes completing the Miritini Mega Warehouse Complex in 2027 and expanding tea trading into new markets to improve operational efficiency and farmer dividends.
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FTN Cocoa Processors cuts 2025 loss by 97% as revenue surges 310%
Cocoa butter sales supported the revenue increase, while a N5bn (US$3.75M) NEXIM Bank loan funded cocoa bean procurement and processing for export.
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Kirinyaga tea farmers demand refund over delayed fertiliser subsidy payments
KTDA is reportedly owed Kes 7 billion (53.9M) in unpaid government reimbursements, while Thumaita Tea Factory says it has used growers’ funds to cover subsidy-related costs.