In order to increase capacity at its plants in South Africa, Country Bird has secured a US$25mn loan from the International Finance Corporation (IFC), a member of the World Bank Group
Country Bird secures US$25 million World Bank loan
Poultry
Nigerian chicken disease kills more than 200,000 birds
More than 215,000 chickens from poultry farms in Nigerias Federal Capital Territory (FCT) and Kogi state are said to have died as a result of being struck by a disease, according to poultry farmers in the country
Rainbow Chicken profit hit by rising costs and imports
Rainbow Chicken Ltd has revealed its early earnings fell an estimated 75 per cent as a result of an increase in imports, high costs and oversupply in its domestic South African market
Zambeef to sell stake in Zamchick subsidiary
Zambeef Products plans to sell 49 per cent of its shares in its Zamchick subsidiary to a South African firm at a cost of US$14mn
Nutreco to invest in Ghanaian poultry
Global animal nutrition and feed company, Nutreco, has shown interest in investing in Ghana’s poultry industry
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