NIGERIA - Promasidor Nigeria Limited announced on Tuesday the appointment of Mr. Anders Einarsson as its new Managing Director, taking over from Mr. Olivier Thiry, who has now been moved up to the chief executive officer position.
KENYA - The Sugar Directorate has issued permits to nearly all private millers to import 150,000 tonnes of the commodity ahead of the expiry of the Common Market for Eastern and Central Africa (Comesa) duty-free window.
NIGERIA - In efforts to diversify the nation's economy from the oil to non-oil sectors like agriculture and solid minerals, the Federal Government has set a target of 500,000 metric tonnes (MT) cocoa production and processing by year 2021.
NIGERIA - WACOT Rice Limited has said that it intends to increase its rice milling capacity in Nigeria to 500,000 metric tonnes per annum in the next few years in order to reduce Nigeria’s dependence on imported rice.
SOUTH AFRICA - Astral Foods says a second outbreak of the highly pathogenic H5N8 avian flu virus has been confirmed and isolated at its poultry-breeding facility at the Grootdraai dam near Standerton in Mpumalanga.
NIGERIA - The current earning season for listed company has favoured shareholders of Dangote Sugar Refinery (DSR) Plc as the company has declared an interim dividend of 50 kobo per share for the half year ended June 30, 2017.