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Carrots + sticks for local wheat farmers to up supply
It’s official: The government will pay farmers more for wheat this season as it looks to maximize production amid turmoil…
Price controls for unsubsidized bread are happening
Gov’t to fix price and specifications of unsubsidized baladi bread: President Abdel Fattah El Sisi ordered the government to set…
THIS MORNING: It’s Fed decision day; Swvl on course to hit the Nasdaq on 31 March; AfDB in town for COP 27 talks
Good morning, wonderful people, and welcome to almost-THURSDAY, which longtime readers know is how we prefer to think of the…
Gov’t imposes ban on some food exports to conserve local supply
The Trade Ministry has banned the export of staple food commodities for three months as it looks to shore up…
Edita’s net income up nearly 57% in 2021
Edita Food Industries’ net income jumped 56.5% y-o-y in FY2021, reaching EGP 473 mn, according to the company’s preliminaryearnings release…
FreshSource secures seven-figure USD in seed round + Kouncel raises EUR 1.2 mn in a pre-seed round led by AfDB
Online B2B fruit and veg platform FreshSource has bagged an undisclosed seven-figure USD seed round led by 4DX Ventures and…
Fresh wheat tender on Monday after war breaks out between top suppliers Russia + Ukraine
State grain buyer issues fresh wheat tender as war in Ukraine threatens supply: State grain buyer GASC will look to…
F&B logistics platform OneOrder raises USD 1 mn from A15
OneOrder scores USD 1 mn round upon launch: Tech-enabled F&B logistics platform OneOrder announced its launch in tandem with securing…
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