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African News Latest News Market Trends & Industry Reports

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 Market Trends & Industry Reports

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

Latest News Market Trends & Industry Reports World News

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

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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

African News Latest News Market Trends & Industry Reports

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

African News Latest News Market Trends & Industry Reports Retail

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

Latest News Market Trends & Industry Reports World News

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