AFRICAN & MIDDLE EAST NEWS
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Zimbabwe calls for cheap finance, new mill to strengthen sugar industry
Zimbabwe’s Parliament has proposed cheaper financing, improved infrastructure and greater milling competition to strengthen the sugar value chain and improve farmers’ access to credit
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Ghana’s Complete Farmer secures US$2.4M IFC loan
The financing will support Complete Farmer’s input-financing model and agronomy services as the Ghanaian agritech company targets 240,000 farmers by 2030.
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Bicec loses US$28.5M damages claim in French court over cocoa, coffee loans
The Paris Court of Appeal rejected Bicec’s claim against stock-monitoring firms, while separate loan recovery proceedings against three Cameroonian borrowers remain ongoing.
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High Court rejects Wow Beverages bid to block Namaqua Wines deal termination
The ruling allows Namaqua Wines to end the disputed distribution relationship, while Wow Beverages can pursue its Sh450 million investment and goodwill claims at trial.
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Côte d’Ivoire extends CCAK mandate to regulate mango sector
Both parties agreed on an action plan to strengthen production protection and ensure export continuity, though they did not specify details.