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UNITED STATES – Mission Produce reported revenue of US$450.0 million for the third quarter of fiscal 2026, an increase of 26% compared with the same period last year, according to the company’s financial results.
Founded in 1983 by Steve Barnard and Ed Williams, Mission Produce is a global leader in sourcing, producing, and distributing fresh Hass a...
TANZANIA – Demand for organic products is rising in Tanzania, creating investment opportunities across production, inputs, processing, certification and farmer aggregation, according to the Tanzania Organic Agriculture Movement (TOAM).
TOAM Senior Projects Officer Brigitha Massawe said avocados, fruits and vegetables have market potential, though li...
SOUTH AFRICA – Transnet has reported a R4.6 billion (approx. US$283.8 million) profit for the year to the end of March 2026, its first annual profit in four years, driven by the sale of its Pier 2 terminal and improved rail and pipeline volumes, according to the company statement.
The state-owned freight rail, ports and pipelines group reported reve...
AFRICA – The African Development Bank (AfDB) has approved a US$5 billion crisis-response framework to help African economies absorb energy and fertiliser shocks before higher import costs put deeper pressure on public finances, households and agricultural production.
The bank’s board approved the Global Energy and Fertiliser Crisis Response Framewor...
UK – Associated British Foods (ABF) expects its sugar business to post an adjusted operating loss at the higher end of its previously forecast range in fiscal 2026, as weak European sugar prices, higher gas costs and lower UK beet yields continue to pressure the division.
The British conglomerate previously forecast an adjusted operating loss of £2...