By Mildred Kaunda | +260 977 989545 | mildred@cuttingedge.co.zm and Andrew Chinambu   CHIPATA, Zambia. August. 30, 2017–Cargill has reached agreement withParrogate Ginnery Ltd.to purchase Cargill’s cotton gin, maize mill as well as land, buildings and equipment associated with Cargill’s operationsin Chipata, Zambia. The transaction is subject to clearance by the relevant competition authorities.   In Parrogate Ginnery Ltd., Cargillhas found a buyer who will secure a future for the cotton and maize operations in Chipata. Parrogate Ginnery Ltd.’s extensive experience with cotton origination and ginning operationsin Zambia, Zimbabwe and Malawi, as well as its considerable network in the region...

In countries beset by violence, displacement, conflict and instability, children’s most basic means of survival – water – must be a priority, the United Nations Children’s Fund (UNICEF) said today, warning that children living in fragile situations are four times more likely to lack access to drinking water.“Children’s access to safe water and sanitation, especially in conflicts and emergencies, is a right, not a privilege” said Sanjay Wijesekera, UNICEF’s global chief of water, sanitation and hygiene, who warned, as World Water Week gets underway, that more than 180 million people in crisis-torn countries have no access to drinking water. UNICEF said that in Yemen,...

By Media Contact: Obi Emekekwue (oemekekwue@afreximbank.com; Tel. +202-2456-4238) Cairo, 25 August 2017: – The African Export-Import Bank’s (Afreximbank) has invited African banking and trade finance professionals to the 2017 edition of its annual Structured Trade Finance Seminar and Workshops scheduled to take place from 6 to 9 November in Sal, Cape Verde. The four-day event, expected to attract some 200 participants from banks and other financial institutions across Africa, is aimed at strengthening the capacity of Afreximbank’s stakeholders in understanding international trade and trade-related project financing issues. It is being organized in collaboration with the Ministry of Finance of Cape...