ZAMBIA – Zambia has the potential to be self-sufficient in cooking oil in the next 10 years following massive investment in a multi-million dollar palm oil plantation in Mpika by Zambeef Products Plc.
LIBERIA - Malaysian palm oil firm Sime Darby has delayed construction of a mill for its Liberia plantation and has suspended talks to expand its planted acreage there due to the Ebola outbreak, it said on Tuesday.
MALAYSIA - Palm oil tumbled below 2,000 ringgit ($633) a metric ton for the first time in more than five years as forecasts for a record U.S. harvest of soybeans used to produce alternative oil threaten to curb demand.
ZIMBABWE - Cottco Holdings said on Friday it has recouped most of the $7 million that it invested in production of the crop last year through on going deliveries from contracted farmers.
KENYA - When the Wondernuts International processing factory was opened in Athi River last week, the event was not marked with pomp and colour like most that are graced by top politicians.
KENYA - Macadamia farmers are pressing for regulatory framework at county levels to weed out middlemen and protect the crop from premature harvesting.
NIGERIA - In line with its commitment to increase financing efforts in the agro-processing sector, the Bank of Industry (BoI) and the Federal Ministry of Agriculture have expressed optimism of increased investment in the sector.
TANZANIA - All over Africa, millions of women have taken up traditionally male dominated jobs ; in some cases excelling even better than their male counterparts.
KENYA - The Kenya National Chamber of Commerce and Industry (KNCCI) has signed a Memorandum of Understanding with Jomo Kenyatta University of Agriculture and Technology ( JKUAT) to boost cotton production.
ZANZIBAR - After more than four decades of decline and stagnation, clove, the Isles' once economic backbone, is on track following various promising initiatives by the government to bring new life of the industry.
KENYA - Unscrupulous Chinese merchants have been smuggling raw macadamia nuts out of the country dealing a blow to the industry.