Westfalia secures US$300m to fund global expansion
Avocado multinational Westfalia has secured US$300m funding from three banks for its ongoing international expansion. It will use a multi-million-dollar revolving credit facility (RCF) from HSBC

Moldova is to receive $25 million from WB to restore irrigation systems
The $25 million loan agreement between the government of the Republic of Moldova and the World Bank is expected to be signed on May 10. Earlier, MAIA Minister of Agriculture and Food Industry

Pound sterling surges to become best performing currency this year
Sterling has gained 2.3pc against the dollar this year, ahead of all others in the so-called G10 group of major economies. This means that the pound has surged to become the best performing

“Producing and marketing our own products is key to the success of our stone fruit varieties”
Last Thursday, March 23, PSB Producción Vegetal inaugurated its new facilities in Pliego, Murcia, as part of its 25th-anniversary celebration. The event was attended by producers, suppliers,

Pressure builds on Egypt to further devalue currency
The Egyptian pound lost ground on the black market again in recent days in a sign that halving its official value over the past year could still not be enough and the central bank may have to let

Can lettuce be innovative?
From the Association of Fruit and Vegetable Producers-Exporters of the Region of Murcia (Proexport) they remind us that the Egyptians were already growing lettuces on the banks of the Nile more

Aldi gives to charity over Easter
Aldi says it will be supporting charities, community groups and food banks across the UK by donating up to 400,000 meals to people in need during the school Easter holidays. The supermarket’s

Morocco: Bank Al Maghrib raises key interest rate to stem inflation
Bank Al Maghrib raises its key interest rate by 50 basis points to 3% as the High Commission for Planning reports inflation rose again to 10.1% YoY in February 2023. At its first 2023 quarterly

Dole supplies bananas to the Wuxi Marathon
The 2023 Wuxi Marathon started on March 19th at Taihu Lake. Dole, a century-old fruit brand, has provided healthy fruit and vegetable energy support for the "Cherry Blossom Marathon" for seven