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Japan has granted Tunisia $1 million to help the North African country assist vulnerable populations in three governorates gravely affected by the shortage of wheat and inflation, the Japanese mission has announced. The assistance, according to the Japanese embassy in Read more
The World Bank’s Board of Executive Directors yesterday approved a $500 million loan to bolster Egypt’s efforts to ensure that poor and vulnerable households have uninterrupted access to bread, to strengthen Egypt’s resilience to food crises and to support reforms Read more
India has exempted Egypt from its ban on wheat exports after heat waves dealt a blow to the crop’s production, reports say. Egyptian Minister of Agriculture Al-Sayed El-Quseir reportedly Sunday told Bloomberg Agency that India’s decision of last week will Read more
The African Development Bank, AfDB, is raising $1 billion to help increase local production of wheat in Africa to surf the commodity shortage caused by the Russia-Ukraine conflict, reports say. The Abidjan-based bank, according to its President Akinwumi Adesina, aims Read more
The Egyptian Ministry of Trade and Industry has banned the exportation of a number of commodities including wheat, flour pasta, for three months. Trade minister Nevine Gamea in a statement said the decision targets cooking oils, freekeh, corn, fava beans, Read more
Local prices of wheat has increased by EGP 1,000 ($63) in the six days following the Russia-Ukraine war, reports say. Egypt is the world largest wheat importer and consumer with 11 million tons imported. The Arab country locally produces 9 Read more