AfriAg seeks to become vertically-integrated cannabis firm through Appolon investment

16th May 2019 15:51

(Sharecast News) - AfriAg Global has entered into a conditional subscription agreement to subscribe for shares in Jamaica-focussed medicinal cannabis company Apollon Formularies, it announced on Thursday.

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AfriAg makes maiden investment into medicinal marijuana sector

18th Oct 2018 11:49

(Sharecast News) - London-listed food and logistics group AfriAg Global has made its first investment into the medicinal cannabis sector.

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AfriAg jumps on strong first half performance

4th Aug 2015 10:41

(ShareCast News) - Shares in AfriAg jumped almost 8% early on Tuesday, after the investment group reported strong performances for the first six months of 2015. The London-listed company said that approximately 907,000kg of perishable produce was transported by air in the first half to the end of Ju

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AfriAg reports wider pretax loss as revenue overshadowed by costs

26th Jun 2015 16:46

AfriAg posted a wider pretax loss in 2014, as administration expenses eclipsed its maiden revenue. The agriculture logistics company's pre-tax loss hit £0.8m for the full-year, compared to just £0.3m in 2013. On top of higher-than-expected admin costs of £0.4m, a further £0.4m was lost on an equity

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Afriag's marketing division ready for business

20th Aug 2014 09:08

AIM-listed agri-logistics group Afriag announced its marketing and sales division has now been established in South Africa and expects to secure its first contracts shortly. The firm's focus will be the sourcing, distribution and marketing of African agri-produce within the southern Africa region a

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AfriAg to establish new food marketing and sales division

17th Jun 2014 07:23

AIM-listed agri-logistics group AfriAg announced it plans to establish a new food marketing and sales distribution division. The new wholly-owned division will be based in South Africa and is expected to be operated through a newly incorporated company, AfriAg Marketing, funded from AfriAg's curre

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