Donors pledge $17 million to Africa Solidarity Trust Fund
African and non-regional donors on Tuesday pledged $17 million to replenish the Africa Solidarity Trust Fund, an initiative which aims to provide food security and eliminate rural poverty on the continent. The pledges were made at a high-level donor round table convened by the United Nations Food and Agriculture Organisation (FAO) and Equatorial Guinea […]
A unique mapping approach that will give smallholder farmers a ‘best fit’ for what to grow, where and how, has been awarded the 2019 Olam Prize for Innovation in Food Security1 thanks to its potential to improve productivity in food insecure areas and countries. The approach, called Innovation Mapping for Food Security (IM4FS), is […]
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Premium cocoa ingredients and superior spices – explore how Olam is re-imagining global agriculture at IFT 2019 stand 2819 Visit Olam Cocoa and Olam Spices at the Institute of Food Technologists (IFT) Annual Meeting and Food Expo on June 2-5, 2019, in New Orleans at stand 2819. Both business units of Olam International (Olam […]
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Olam International Limited (“Olam”) announced on Tuesday that its wholly-owned subsidiary Olam Americas Inc. (“OAI”) has successfully priced a US$120 million issuance of 5-year fixed rate notes (the “Notes”) via a private placement. The Notes were placed to 9 investors at a fixed coupon of 3.89% for 5 years. Proceeds from the issue of […]
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Deputy President David Mabuza says government is working hard to restore the dignity of all South Africans through the Land Reform Programme. “As government, we want to restore human dignity. We must be at the forefront of transformation,” the Deputy President said at a land handover ceremony in Seoding, Northern Cape, on Tuesday. The […]
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Global food and agri-business Olam International Limited on Monday launched its 2018 Annual Report, which outlines how the Company has among others: – navigated the economic challenges over the year to increase volumes and revenues, progressed in embedding the 6 imperatives of refreshed business model Olam 2.01, created value across all Capitals2 for Olam […]
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By Sharon Tshipa (Thomson Reuters Foundation) Maipato Kesebang normally grows maize, jugo beans and sweet reed on her 20-hectare plot of land northwest of Gaborone, Botswana’s capital. But last year, worsening drought and heatwaves destroyed much of her harvest. “The little that grew feebly we just ate. Nothing was left for storage or to […]
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Tanzania has set aside 4.3 million dollars to boost cultivation of oil palm as part of its strategy to end importation of edible oils, Prime Minister, Kassim Majaliwa, said on Monday. Majaliwa revealed this when speaking in the Western Tanzania’s region of Kigoma soon after inspecting an oil palm farm of the National Service […]
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