Dubai Investments, the leading investment company listed on the Dubai Financial Market, and E20 Investment, an Abu Dhabi-based agribusiness investment company, signed a Memorandum of Understanding (MoU) to develop 3,750 Ha of agricultural land in Angola, harnessing the potential of the country’s agricultural sector for sustainable growth and economic development
Crops
Challenging stone fruit season draws to a close in South Africa
The South African stone fruit industry has drawn a line under a difficult export season that suffered from low volumes and logistical problems at ports, although improved profitability represented a beacon of light for producer
Invictus plans to invest US$272.2mn to diversify into agro-food trading
Invictus Investment Company Plc announces plans to expand into North and East Africa through acquisitions and joint ventures with leading local entities in the region
AfDB and Libyan government discuss strategy to bolster food security
The African Development Bank (AfDB) has restated its support for the Libyan Government’s agenda to boost food security and build resilience in the North African country
Cocoa prices reach a 46-year high
According to industry analysis, the price of cocoa has reached its highest level in 46 years, potentially leading to an increase in the cost of chocolate