The latest news from the agricultural sector
2023-11-10
FMN records strong revenue growth of 34% in Q2 2023/24 despite challenging market dynamics
NIGERIA – Flour Mills of Nigeria Plc, one of the largest foods and agro-allied groups has experienced continued strong revenue growth of 34% (Year on Year) ... Read more
african & middle east news financials & economy milling & grains
2023-11-10
Easing production costs inspire farmers to increase rice acreage in Brazil: USDA
BRAZIL-The US Department of Agriculture's Foreign Agricultural Service (FAS) has revised its projection for rice planting in the marketing year 2023/24 ... Read more
commodity & trade updates latest news milling & grains rice world news
2023-11-10
Korean wheat cultivation aims for self-sufficiency with record-breaking production: USDA
SOUTH KOREA- The total wheat production in Marketing Year (MY) 2023/24 in Korea is forecast to reach a 40-year high of 46,000 metric tons (MT), as the gover ... Read more
agriculture & food security commodity & trade updates latest news milling & grains wheat world news
2023-11-10
Agthia Group reports 10.9% revenue growth despite headwinds in Egypt
UAE – Agthia Group, a leading UAE food and beverage company based in Abu Dhabi, has announced a 10.9% revenue increase to Dh3.27 billion (US$882.9million) f ... Read more
african & middle east news baking & snacks financials & economy latest news
2023-11-09
Revolutionizing Agricultural Storage: PIL unveils innovative hermetic bags for grain storage
KENYA – Packaging Industries Limited (PIL) has developed innovative hermetic bags with a plastic liner inside that is both water-resistant and airtight, mak ... Read more
african & middle east news agriculture & food security maize milling & grains new technologies & innovations
2023-11-09
Kigoto Maize Mill makes amends, receives go-ahead to resume operations
KENYA – In a turn of events, the Kenya Bureau of Standards (KEBS) has defended the operations of the Kigoto Maize Mill, dispelling earlier safety concerns ... Read more
african & middle east news food safety & quality latest news milling & grains
2024-10-07
Sky Foods declared insolvent after seven-year struggle with Treetops juice brand | Food Business Africa - Africa's No.1 Food & Beverage Manufacturing Industry Magazine and Website
KENYA - Sky Foods Limited, the producer of the iconic Treetops juice brand, has been declared insolvent, seven years after reintroducing the product to the ... Read more
2024-10-07
Constellation Brands reports 3% sales increase | Food Business Africa - Africa's No.1 Food & Beverage Manufacturing Industry Magazine and Website
USA - Constellation Brands, a leading global beverage alcohol company, has reported a 3 percent rise in net sales to US$2.92 billion for the second quarter ... Read more
2024-10-05
Hershey strengthens cocoa partnership with Côte d'Ivoire, inaugurates schools to combat child labor | Food Business Africa - Africa's No.1 Food & Beverage Manufacturing Industry Magazine and Website
IVORY COAST - Hershey, a leading global chocolate and snack producer, has signed a five-year agreement with nine cocoa-producing cooperatives in Côte d' ... Read more
2024-10-05
Cargill expands cocoa production in Indonesia to meet growing Asian demand | Food Business Africa - Africa's No.1 Food & Beverage Manufacturing Industry Magazine and Website
INDONESIA - Cargill has added a new cocoa production line at its processing plant in Gresik, Indonesia, as part of its efforts to meet the growing demands o ... Read more
2024-10-04
House of Suntory unveils limited Hibiki 40 years old whisky | Food Business Africa - Africa's No.1 Food & Beverage Manufacturing Industry Magazine and Website
JAPAN - House of Suntory has announced the release of its oldest whisky to date, Hibiki 40 Years Old, a prestigious blend featuring whiskies aged over four ... Read more
2024-10-04
LVMH acquires minority stake in alcohol-free wine brand French Bloom | Food Business Africa - Africa's No.1 Food & Beverage Manufacturing Industry Magazine and Website
FRANCE - Moët Hennessy Louis Vuitton (LVMH) has acquired a minority stake in French alcohol-free sparkling wine brand French Bloom. While the financial de ... Read more