Browsing: Agri commodities
AFEX tops Financial Times’ Africa Fastest-Growing Companies ranking
AFEX: Impressive growth, expansion and efforts to support trade have been recognized in prestigious listing.
Al Ain Farms will export local dairy products to countries including Kenya, Tanzania, Rwanda and Ghana and Zambia.
IsDB: Islamic Development Bank Group announces USD 10.54 billion package to address food security
The IsDB Group is financing agricultural and food security initiatives across 1,538 operations to the amount of USD 20.6 billion.
MENA states buying EU wheat as Ukraine conflict continues
EU wheat is being purchased by African and Middle Eastern states as exports from Ukraine continue to be disrupted by war amid food security concerns.
ITFC begins disbursing additional USD 3 billion in credit to Egypt, willing to provide more
The ITFC has begun dispersing a USD 3 billion credit extension to Egypt to address the rising costs of food and energy imports.
Ethiopia-UAE trade surpasses USD 2.5 billion over five years
Trade between Ethiopia and the UAE has surpassed USD 2.5 billion over the past five years, according to the Ethiopian Ministry of Trade and Regional Integration.
Egypt to begin testing new wheat mutations next August
Wheat shortages due to the Ukrainian conflict have led to rising costs and concerns over food security.
ITFC doubles Egypt’s credit limit to USD 6 billion to cover imports of wheat
The Saudi Arabia-based International Islamic Trade Finance Corporation (IFTC) has raised Egypt’s credit rating to USD 6 billion to address rising costs of wheat.
The North African Trade Finance Summit (NATF 2022) will take place in Cairo on June 7 and 8 and will run under the theme of “Trade Resilience and Optimization Amidst Global Supply Chain Disruptions”.
Kenya’s New KCC fails to deliver lactose-free milk to Oman due to an ongoing drought in the country.