Menu
Indimi
Advert

Business

UK Firm, Bioline Agrosciences, Acquires Kenya’s Dudutech

Published

on

Dudutech, a division of Flamingo Group International, announces that they have been acquired by Bioline Agrosciences, a subsidiary of InVivo Group.

By joining up with Bioline Agrosciences (InVivo), Dudutech becomes part of a world-class IPM provider, with over 40 years of experience in the manufacturing and distribution of biologicals.

Established in 2001, Dudutech is Africa’s leader in Integrated Pest Management (IPM) with a wealth of experience in designing and delivering biological pest control solutions.

With its new biofactory in Kenya Bioline Agrosciences owns now 8 production sites in the world (Europe/ North America and Africa).

Tom Mason, Managing Director of Dudutech said, “this acquisition is a unique chance for us to affirm our leading position in Africa, combining our technologies with the well-known brand and the extensive experience of Bioline Agrosciences.”

“We look forward to working with the global Bioline team to enhance our service and product offering and to contribute to a future with sustainable, secure, and safe agriculture,” Mason added.

Giles Turrell, CEO of the Flamingo Group, said that Flamingo, with its substantial Growing operations in Kenya and Ethiopia, will continue to use Integrated Crop Management solutions as a production strategy.

“Therefore, it made sense for us to select Bioline Agrosciences as the future owner of Dudutech and preferred supplier. Our leading position in technology with a strong commitment to sustainable farming, will ensure premium quality and innovative biocontrol solutions are widely available for our Group,” Turrell said.

This new site in Kenya will be the tool for spearheading Bioline Group’s expansion in Africa to promote new environmental-friendly technologies in agriculture, according to Laurent Martel, CEO of Bioline Group.

Thierry Blandinières, CEO of InVivo group, believes that “this acquisition is a huge step for Bioline, our agricultural subsidiary, which is becoming a major player in biocontrol at the international level.”

He added that it’s perfectly aligned with the company’s vision to promote the agricultural and food transition towards a resilient agrosystem, by deploying innovative and responsible solutions and products.

The biocontrol market is growing strongly, and the acquisition of Dudutech will allow Bioline Agrosciences to increase technological leadership and complete product portfolio.

“This is a unique opportunity to specialize in flower production by creating this partnership with the Flamingo Group and to bring our 40-year-old expertise on other crops in the region,” said Ludwik Pokorny, CEO of Bioline Agrosciences.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Rwanda’s Weekly Agro Exports Performance

Published

on

Last week Rwanda shipped out various tonnes of horticultural products coffee and tea fetching an impressive amount of foreign revenue.

According to National Agricultural Export Development Board (NAEB) mandated to develop and enhance Rwanda’s agricultural exports, Last week Rwanda exported 255,298Kg of horticultural products which earned U$441,679.

Details show the Main Countries of destination of Rwanda’s horticultural products were mainly Holland, United Kingdom, DRC, Germany, among others including USA, UAE, France, Uganda, Belgium, Tanzania and Denmark.

A total of 431,107Kg of Rwanda Coffee worth U$1,383,622 was exported compared to previous week, export quantities and revenues increased by 86.2% and 83.9% respectively. 52.2% of the consignment was fully washed. Destinations: China, UK, Belgium, Russia, Kenya, South Sudan & Nigeria.

Meanwhile, 449,000Kg of Rwanda Tea  were exported generating U$1,146,118. Compared to last week, the average price slightly reduced from U$2.78/Kg to U$2.5/Kg. Main country buyers were Pakistan, and UK among others.

Continue Reading

Business

Tanzania Unveils Aggressive Plan For Livestock

Published

on

Tanzania has announced that it is seeking to revamp its livestock subsector with the aim of making it more profitable.

Dr. Jonas Kizima the Acting Director-General of Tanzania Livestock Research Institute (Taliri) said on Tuesday that Preliminary studies have discovered that most industries in the livestock products category are performing shoddily due to poor production and supply of raw materials.

The Tanzanian government said it is embarking on implementing a special five-year programme (2021-2025) to push for improvement of the livestock industry.

“The programme seeks to enable stakeholders in the beef and dairy cattle chains in all regions of to improve their performance by adopting better technologies and practices so that they can stand a professional chance to meet actual raw material demand in the livestock industry,” Dr. Jonas Kizima said.

Tanzania is therefore arguing that it is going to introduce and help livestock keepers across the country to raise hybrid animals, provide best animal health services, animal compounded and feeds, put in place animal husbandry infrastructure, improve milk handling, grazing systems and maintain good diary animal genetics.

“Inbreeding is the biggest technical challenge livestock keepers are facing- it is detrimental to livestock,” Dr Kizima noted.

The new agenda is in compliance with President John Magufuli’s directive issued to revive and promote animal industries for the next five years in the coastal East African country.

According to Concerns by Magufuli at least 90% of animal skins and skins produced in Tanzania were of very poor quality due to poor slaughtering methods.

Magufuli says he is seeking to motivate investors from within and outside the country to invest in meat industries, but also in leather production and other animal products such as hoofs.

Under this new program, Tanzania wants to construct seven major abattoirs in different regions with the capacity to slaughter at least 6700 cows and 11000 goats per day.

Continue Reading

Business

Global Oil Prices Fall Ahead of OPEC Meeting

Published

on

As the alliance of Oil producing countries under OPEC meet on Thursday, global oil prices have reportedly fallen according to sector experts.

Details indicate that the alliance is expected to loosen the taps after prices got off to their best ever start to a year.

But it’s unclear how robustly the group will act, with the Saudi Arabian energy minister calling for producers to remain “extremely cautious.”

The market continues to face risks in the near term. China’s Unipec was re-offering cargoes of April Angolan crude amid weaker sales.

Diesel demand in India was also down versus a year earlier amid record pump prices in the country. Both point to a limit on some of the recent firmness seen within the oil market.

“Now that oil’s back at $60, there’s going to be a push to wean off of those cuts,” said Stewart Glickman, energy equity analyst at CFRA Research.

“The question is how much are they going to bring back. The biggest risk is if supply presumes we’re back to pre-pandemic demand in 2021 and that turns out not to be the case.”

Still, there has been a raft of bullish calls in recent weeks predicting the rally will continue as the producer response trails consumption, while maintenance in North Sea fields is set to further reduce supply.

There are also some signs that demand is starting to pick up. U.S. gasoline demand jumped by 1 million barrels a day last week to 8.76 million barrels a day, a level comparable to March 2020 before the pandemic, according to Descartes Labs.

“People have become very optimistic about the ability of OPEC+ to manage a return to a balanced market,” said Michael Lynch, president of Strategic Energy & Economic Research.

The market continues to “see improved demand down the road and OPEC+ not oversupplying the market as they ramp up again.”

The Organization of Petroleum Exporting Countries and its allies must decide how much output gets restored — and at what pace — with current reductions amounting to just over 7 million barrels a day, or 7% of global supply.

The 23-nation coalition will choose whether to revive a 500,000-barrel tranche in April, and in addition, whether the Saudis confirm an extra 1 million barrels they’ve taken offline will return as scheduled.

Citigroup Inc. thinks the coalition will boost output by about 500,000 barrels a day next month, with Saudi Arabia unlikely to continue its voluntary curbs.

“A higher oil-price environment, an increasingly promising demand picture by summer, and the recovering but still growing U.S. oil production outlook for 2021 should give OPEC+ the confidence to slightly increase supply,” said Louise Dickson, an analyst at consultant Rystad Energy AS.

Continue Reading
Advertisement
Advertisement
Advertisement Enter ad code here
Advertisement Enter ad code here

Trending