African News

Nigerian poultry farmers face financial strain as feed costs surge

NIGERIA - Nigerian poultry farmers are grappling with rising costs as the price of poultry feed continues to escalate, threatening…

8 months ago

Rio Fish,  Koolboks partner to improve fish storage in Migori County

KENYA - Fish traders in Migori County are set to benefit from improved storage and preservation solutions through a new…

8 months ago

Kenya moves to address unsold tea stock as industry faces market challenges

KENYA - The Kenyan government and the Kenya Tea Development Agency (KTDA) have introduced a series of measures aimed at…

8 months ago

Nigerian consumer goods market sees growth

NIGERIA - The consumer goods sector on the Nigerian Exchange has reached a total market capitalization of N11.1 billion (US$7.4…

8 months ago

Nampak sells Bevcan Nigeria to Alucan Investment for US$68.5M

NIGERIA - South African packaging giant Nampak has finalized the sale of its Nigerian subsidiary, Bevcan Nigeria, to Singapore-based Alucan…

8 months ago

Nigeria partners Brazil to modernize livestock sector with US$2.5B investment

NIGERIA - The Nigerian government has entered into a partnership with Brazil to enhance the country’s livestock sector through advanced…

8 months ago

West Sugar begins revival of Mumias Distillery, Co-Gen plants

KENYA - West Sugar Company has embarked on reviving the distillery and co-generation plants at Mumias Sugar Company Limited in…

8 months ago

Pret A Manger to open first South African store at Melrose Arch

SOUTH AFRICA - British multinational sandwich and coffee shop Pret A Manger is set to make its debut in South…

8 months ago

BUA Foods reports strong growth in 2024

NIGERIA – BUA Foods Plc has posted impressive financial results for the 2024 fiscal year, with revenue more than doubling…

8 months ago

NAFDAC shuts down Aba Cemetery Market over counterfeit wine, beverage production

NIGERIA - The National Agency for Food and Drug Administration and Control (NAFDAC) has, for the second time, shut down…

8 months ago