KENYA – The leading dairy processing company in East Africa, Brookside Dairy Limited has announced it would pay an additional shilling for every kilo of raw milk supplied to it from Wednesday, 1 April to cushion dairy farmers against the economic effects of coronavirus. The increase will see the processor pay
AfricaPLC | News Contributor
CACOVID to upgrade medical facilities in 6 geo-political zones of Nigeria
As part of the effort to curb the spread of coronavirus pandemic in Nigeria, the Private Sector Coalition Against COVID-19, CACOVID, is to upgrade and equip medical facilities in six geo-political zones of the country. This was made known in a statement signed by Isaac Okorafor, director, Corporate Communications, Central
NCPB to start selling maize in diversification strategy
The National Cereals and Produce Board (NCPB) will start trading in maize following a Cabinet directive to the Ministry of Agriculture to establish a trading division. The move that will help NCPB grow revenues is part of the far-reaching reforms the government wants implemented at the grain handler in the
Construction of COVID-19 ward at Walvis Bay in Namibia begins
The construction of a 150 bed capacity COVID-19 containerize ward behind the Walvis Bay state hospital in Namibia has commenced. The ward which will be accessible to patients from constituencies in the Erongo region is expected to be up and running in three weeks time. The business community, private sector,
US $78m Disease research centre to be built in Kenya
The government of Kenya has announced plans to develop a disease research centre worth US $78m following requests by the African Union and the World Health Organization (WHO) for Kenya to host the centre that will serve the entire continent. The Cabinet revealed the plans and said that the centre will position Kenya as
New acquisitions to emerge from Nigeria’s food, dairy businesses
With the Federal Government’s resolve to encourage firms to backwardly integrate their processes, as well as the prevailing economic situation in the country, there are indications that new mergers and acquisitions are expected in the food, beverages and dairy industry. Indeed, the Central Bank of Nigeria (CBN) last month, restricted
Afreximbank approves US$3bn coronavirus package
The African Export-Import Bank (Afreximbank) has announced a US$3bn facility to help its member countries weather the economic and health impacts of Covid-19. As part of its new Pandemic Trade Impact Mitigation Facility (PATIMFA), Afreximbank will provide financial support to more than 50 nations through direct funding, lines of credit,
