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Honeywell Flour Mills shares surge by 32% in January

NIGERIA – Honeywell Flour Mills Plc has emerged as the best-performing consumer goods stock on the Nigerian Exchange so far in January 2025, with its

African News Latest News Regulatory & Policy

Cameroon exempts local flours from VAT in push to curb wheat imports

CAMEROON – Effective January 1, 2025, flours made from locally sourced corn, yam, cassava, and plantain are now exempt from Value Added Tax (VAT) in

African News Latest News Trade, Imports & Exports

South Africa resumes white maize imports

SOUTH AFRICA – South Africa has resumed importing white maize for the first time since March 2017, as poor local harvests and heightened regional demand

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African Union unveils decade-long plan to transform agri-food systems

AFRICA – Africa is poised for a transformative decade in agriculture following the adoption of the African Union’s (AU) new agricultural development strategy.  The 10-year

African News Divestments, Investments & Funding Latest News

World Bank commits US$30M to bridge funding gap in Ghana’s Food Systems Resilience Programme

GHANA – The World Bank has pledged to address the US$30 million funding shortfall in Ghana’s Food Systems Resilience Programme (FSRP), a key initiative aimed

African News Latest News Regulatory & Policy

Ghana to rebrand Agriculture Ministry to focus on agribusiness, value addition

GHANA – Ghana’s incoming government has announced plans to rename the Ministry of Food and Agriculture to the Ministry of Food and Agribusiness.  The rebranding,

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Alice Ruhweza appointed President of AGRA

AFRICA – The Alliance for a Green Revolution in Africa (AGRA) has announced the appointment of Alice Ruhweza as its new President, effective March 1,

African News Divestments, Investments & Funding Latest News

Simbisa Brands targets expansion with US$17.8M investment 

ZIMBABWE – Simbisa Brands, a subsidiary of Innscor Africa Limited, is pressing ahead with its expansion strategy, with plans to open 31 additional stores before

African News Divestments, Investments & Funding Latest News

Varun Beverages to bolster South African subsidiary with US$48.2M investment

SOUTH AFRICA – Varun Beverages Limited (VBL), the bottling partner for PepsiCo in several global markets, has announced a US$48.2 million investment in its South

African News Latest News Regulatory & Policy

Kenya’s macadamia sector in turmoil as regulator defies court order on export certification

KENYA – The macadamia industry in Kenya is facing growing unrest following the refusal of the Agriculture and Food Authority (AFA) to issue vital certifications