Market News
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Ugandan firm Pearl to construct dairy factory in Kenya
Posted on :Monday , 16th November 2015
Ugandan firm Pearl Dairy Farms has announced plans to construct a dairy factory in Kenya that will be tasked with production and repackaging of milk products. The factory to be constructed in the capital Nairobi is aimed at growing Pearl’s market share in the region.
Atul Chaturvedi, the CEO of Pearl confirmed the reports and said that the initial estimate of the investment. . .East Africa Exchange to Lend Grain Farmers U.S.$70 Million
Posted on :Monday , 16th November 2015
The East Africa Exchange (EAX), a regional commodities exchange warehouse receipt system, is expected to advance over $70 million in credit to smallholder grain farmers who have been starved of funding.
The EAX is a subsidiary of Africa Exchange Holdings, Ltd (AFEX), which comprises Heirs Holdings, Berggruen Holdings, 50 Ventures, and Ngali Holdings, a local investm. . .Wienco to Invest U.S.$5 Million in Cocoa Production
Posted on :Friday , 13th November 2015
An agronomist at Wienco Liberia Limited (WLL), Eric Asante Antwi, has said that the company is poised to invest US$5m in Liberia's cocoa sector to help boost the production of the crop in the country.
Antwi said this amount will be invested in the next couple of years in order to empower cocoa farmers with the requisite fertilizers and other agriculture inputs that . . .Somabhula Farmers Cash in On Hay
Posted on :Friday , 13th November 2015
"DESPERATE times call for desperate measures" is an adage that A2 farmers in Somabhula, Vungu district, now know quite well after they turned to hay bailing for a living.
With most of the country's farms having now virtually turned into grasslands because of very little production taking place on the properties ever since the land reforms in 2000, such an . . .Tunisian Olive Oil to Be Labelled From 2016
Posted on :Friday , 13th November 2015
Tunis — Tunisia's flagship product, olive oil will be officially labelled from 2016, Director at the Technical Centre of Food Industry (CTAA) Narjes El Hammar said on Thursday.Speaking at a national seminar on olive oil held in Tunis, she added that the label will allow a better valuation of the olive growing sector and bring greater added value to the Tu. . .Please Select an Option
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