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- January 22, 2025
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
Mozambique’s sugar sector bounces back amid climate challenges
MOZAMBIQUE – In the first half of the year, Mozambique’s sugar exports generated US$14.7 million, marking a notable 36% increase compared to the same period
Agricultural giant Cargill to cut jobs as profits plummet
USA – Cargill Inc., a leading player in the global agriculture and commodities sector, has announced plans to cut approximately 8,000 jobs—roughly 5% of its
Global chicken meat consumption to outpace other proteins by 2027
WORLD – By 2027, chicken meat consumption is projected to surpass all other protein sources worldwide, driven by rapid income growth, urbanization, and its adaptability
Premier Group reports strong profit growth, allocates US$60.91 million for strategic acquisitions
SOUTH AFRICA – Premier Group, a prominent South African food producer has announced a 32.4% increase in its interim profit for the six months ending
Naivas records US$14.7M profit amid rising costs, competitive retail market
KENYA – Naivas, Kenya’s largest grocery retailer, reported a KSh 1.9 billion (US$13.4 million) profit after tax for the fiscal year ending June 2024, marking
Entlaq releases agritech report highlighting Egypt’s potential for agricultural innovation, growth
EGYPT – Entlaq, a leading agritech advisory firm, has published its first annual report on Egypt’s agritech sector, titled The Untapped Potential of the Egyptian
Baladna’s nine-month financial results show robust growth
ALGERIA – Qatari dairy giant Baladna has reported solid financial gains for the nine months ending September 30, 2024, marking year-on-year increases in revenue, net
Nestlé Côte d’Ivoire rebounds with 52.3% profit increase in H1 2024
CÔTE D’IVOIRE – Nestlé Côte d’Ivoire reported a robust recovery for the first half of 2024, with net profits rising by 52.3% compared to the