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Tag: wheat
Morocco seeks more Russian wheat
Moroccan wheat traders FNCL and the Russian grain trader’s union (Rusgrain) signed a deal to promote Russian grain exports to Morocco as the north African ... Read More
Nigeria secures $134 million loan for agriculture
The Nigerian Government has secured a $134 million loan from the African Development Bank (AfDB) to strengthen its agricultural sector amid growing food insecurity concerns. ... Read More
France outclasses Russia as Cameroon’s leading wheat supplier
France has emerged as Cameroon’s leading wheat supplier, ahead of Russia which has seen its supplies shrink by 65 per cent, per data published by ... Read More
Russia will send fertilizers, wheat, petroleum products worth $100m to Mali
Mali announced Wednesday Russia is set to send 60,000 tons of oil, 25,000 tons of wheat and 35,000 tons of fertilizers worth $100 million through ... Read More
AfDB loans Tunisia $80m for food security project
The African Development Bank, AfDB, has accorded $80 million credit facility earmarked to enhance food self-sufficiency and security, through securing the supply of soft wheat, ... Read More
Egypt, IMF ink $3bn new loan program deal
The International Monetary Fund (IMF) said on Thursday it had agreed a $3 billion Extended Fund Facility (EFF) over 46 months with Egypt, Reuters reports. ... Read More
World Bank: Tunisia’s trade deficit continues to widen amid soaring inflation
The trade deficit in Tunisia widened by record 56% in the first semester of 2022, reaching 8.1% of GDP, while the budget deficit, exacerbated by ... Read More
Russia-Ukraine War Impacts Severely on Nigeria’s Economy
With Russia's invasion of Ukraine in its seventh month, Nigerians are feeling a harder punch with the scarcity of energy sources, wheat and fertilizer, as ... Read More
Pandemic and Ukraine war are pushing Africa’s power companies to the brink
The COVID-19 pandemic and the ongoing war in Ukraine have been pushing many electric grid utilities in Africa — which have long been strapped for ... Read More
UN-chartered food aid cargo ship readies to sail from Ukraine to Ethiopia
The United Nations-chartered ship Brave Commander will shortly set sail from Ukraine bound for Africa after it finishes loading more than 23,000 metric tonnes of ... Read More