Milling Middle East & Africa- Week 28, Midweek News

LATEST AFRICAN & MIDDLE EAST NEWS

E20 and Dubai Investments ink MOU for rice production in Angola

ANGOLA-?E20 Investment?and Dubai Investments have signed a Memorandum of Understanding (MOU) to develop 3,750 Ha of agricultural land in Angola in an effort to harness?the country’s agricultural sector potential. . .?MORE

Touton Négoce divests its palm subsidiaries in C?te d’Ivoire to PALMCI

C?TE D’IVOIRE-?Touton Négoce C?te d’Ivoire, a leading cocoa trading company, is selling 2 of its subsidiaries?operating palm oil plantations?to PALMCI, a subsidiary of SIFCA and the first producer of crude palm oil in C?te d’Ivoire?...?MORE

Kenya to host India-Africa International Millet Conference in August 2023?

KENYA-?India?and?Kenya will be co-hosting the ‘India-Africa International Millet Conference’ in Nairobi on 30-31 August 2023, to celebrate the International Year of Millets?. . .?MORE

Abu Dhabi’s Invictus to invest US$272mln in MENA agro-food processing?

MENA-?Invictus Investment Company has announced plans to invest US$272 million to expand into the MENA region via acquisitions and joint ventures to bolster its food processing capabilities?. . .?MORE

Kenya to partner with Indonesia to bolster edible oil industry

KENYA-?Kenya?is collaborating with the Indonesian government to establish large-scale and outgrowth schemes in eight counties for palm oil, sunflower oil, and soybeans production?. . .?MORE

LATEST WORLD NEWS

Richardson International acquires UK-based Anglia Maltings?

UK-?Through its subsidiary Richardson Malting,?Canadian grain handler Richardson International is entering the malt sector by acquiring UK-based Anglia Maltings Holdings (AMH)??. . .?MORE

Russia rejects bank compromise as Black Sea grain deal expiry looms

RUSSIA-?Russia has restated a demand for its state agricultural bank to be reconnected to the global SWIFT payments system to avert the collapse of the grain deal, rejecting a reported compromise proposal?. . .?MORE

Insights from our latest issue of MILLING MEA Magazine

ICYMI: In your latest Issue of Milling Middle East & Africa:

In this issue, our special feature is on?Broadway Group, Kenya's premier baking and milling company. Read on to discover the secret behind the company's illustrious 65-year history and how it's plotting to continue meeting Kenya's insatiable demand for healthy and nutritious bread. . .?More?

Danisco’s phytase enzyme secures EU approval for use in poultry and swine feed

EUROPE-?IFF-owned Danisco Animal Nutrition & Health recently announced that its phytase enzyme, Axtra PHY GOLD, has received regulatory approvals for use in poultry and swine feed?.?.?.?MORE

?nsect replaces CEO Antoine Hubert with?Shankar Krishnamoorthy?

FRANCE-??nsect, a leading company in insect production has?appointed?Shankar Krishnamoorthy to replace Antoine Hubert as?its chief executive officer (CEO).?.?.?MORE

Mexico predicts 2M metric tonnes increase in corn production amid US trade tensions

MEXICO-?The Mexican Ministry of Agriculture and Rural Development predicts domestic corn production will increase by 2 million tonnes in 2023, reaching a projected total of 28.5 million?. .?.?MORE