As impacts of the pandemic continue to impact adversely its business as one of South Africa’s leading poultry companies, Astral Foods is forecasting significant year-on-year reductions in share earnings.
Highly pathogenic avian influenza (HPAI) continues to cause losses among poultry flocks in Niger and Nigeria. Combined with other recent challenges, the disease is leading to shortages of poultry on the Niger market. In South Africa, the HPAI situation appears to be easing.
In West Africa, Niger has reported the country’s first outbreak of highly pathogenic avian influenza (HPAI) for more than three years. Meanwhile, tests have revealed further cases in poultry in Nigeria and Algeria.
As Algeria reports its first outbreak of highly pathogenic avian influenza (HPAI) in poultry, there are further cases in Asia — in India, Iran, and Vietnam. The disease situation appears to be under control in Nepal.
Shortages of raw materials and consequent hikes in the price of feeds in Nigeria are ruining the prospects for poultry industry. In contrast to this gloomy prospect, Nigeria’s largest egg producer has been selected as the site of the sector’s largest clean energy project.