Nigeria to double milk output to 1.4 mln tons within 5 years
The strategy includes a national livestock council and a six-pillar growth program. Public-private partnerships with firms like Arla and Promasidor drive sector momentum. Nigeria, the largest milk and dairy market in West Africa, is advancing a strategy to boost local production and reduce import dependence. Minister of Livestock Development Idi Mukhtar Maiha announced that the […]
Dairy firm Almarai to invest over $4.8 bln under five-year plan
The Middle East’s biggest dairy firm Almarai (2280.SE), plans to spend over 18 billion riyals ($4.8 billion) through 2028 under a new plan aimed at boosting growth while focusing on areas including supply chain capabilities and food security. Saudi Arabia’s sovereign wealth fund, Public Investment Fund, owns a stake of around 16% in the firm through […]