News

OPEC Fund extends $25 million credit facility to boost regional agricultural integration in Benin and Togo

10-22-2021 | 11:23:58
The OPEC Fund for International Development has signed loan agreements with the governments of Benin ($15 million) and Togo ($10 million) to support the Regional Program for the Integration of Agricultural Markets

BASF and Cargill expand partnership to develop innovative enzyme-based solutions for the animal feed industry

10-21-2021 | 09:36:41
BASF and Cargill are expanding their partnership in the animal nutrition business, adding research and development capabilities and new markets to the partners’ existing feed enzymes distribution agreements.

EBRD loans €6.2m to Compagnie Générale des Industries Alimentaires to promote Tunisia’s olive-oil sector

10-15-2021 | 08:53:00
The European Bank for Reconstruction and Development (EBRD) is supporting olive-oil production in Tunisia with a €6.2 million loan to Compagnie Générale des Industries Alimentaires (COGIA SA).

Adenia Partners acquires Kenya’s grower of premium roses Red Lands

10-13-2021 | 10:14:48
Red Lands is internationally recognized for its green horticultural practices that respect people and the environment. Financial terms of the transaction were not disclosed.

CMA extends provisional licenses of coffee brokers in Kenya

10-08-2021 | 09:12:00
The Capital Markets Authority (CMA) extended the provisional licenses granted to four coffee brokers by a further 30 days from 30 September 2021, in line with the Capital Markets (Coffee Exchange) Regulations, 2020.

Zanaco, Team Europe launch €30m agriculture investment initiative for smallholder farmers in Zambia

10-05-2021 | 08:41:00
Smallholder farmers and rural cooperatives across Zambia will benefit from a new €30 million initiative from Zanaco and Team Europe to accelerate agricultural investment launched in Lusaka and Luxembourg .

Global agriculture drones and robots market to reach $30.08 billion by 2026, report

10-01-2021 | 11:22:19
The primary drivers for the market growth include increasing automation in the agriculture industry and the shortage of manual labor in the sector.

World Bank provides $100m to accelerate digital transformation, smart agriculture in Cameroon

10-01-2021 | 09:23:00
The World Bank approved a credit from the International Development Association (IDA) in the amount of $100 million to support Cameroon’s efforts in promoting digital inclusion and the use of digital solutions in the agriculture sector.

NEOGEN partners with Hendrix Genetics to improve poultry genetic performance in Africa

09-29-2021 | 16:04:00
NEOGEN Corporation announced partnership with Hendrix Genetics, a multi-species animal breeding, genetics, and technology company, to improve poultry genetic performance in Africa.

Nigeria's dried fruit snack company ReelFruit raises $3m Series A funding to expand production

09-29-2021 | 09:41:00
ReelFruit, a premium dried fruit company known for its high quality nutritious snacks, announced a Series A investment of $3 million to expand production with new factory in Nigeria.

[Benin] Un projet agricole renforce la résilience des populations dans le nord-est du pays

09-29-2021 | 08:56:00
Le Projet d’appui à la production vivrière et de renforcement de la résilience dans les départements de l’Alibori, du Borgou et des Collines, est en bonne voie.

Kenya challenges global financial institutions to increase investment In agriculture

09-28-2021 | 09:18:48
Kenya’s President Uhuru Kenyatta has challenged global financial institutions to ramp up investments in agriculture as part of their support for African economies.

[Côte d’Ivoire] L'AfDB evalue les avancées du Projet Agro-industriel de Yamoussoukro

09-27-2021 | 09:07:00
Le vice-présidente chargée de l’Agriculture et du Développement humain et social, s’est rendue à Yamoussoukro afin d’évaluer les avancées du Projet de pôle agro-industriel dans la région du Bélier

Drought in south-western Angola drives severe hunger

09-24-2021 | 15:42:00
More than 1.3 million people in Angola's three south-western provinces of Cunene, Huila and Namibe are facing severe hunger as the worst drought in 40 years leaves fields barren, pasture lands dry and food reserves depleted.

World Bank approves $40m financing to improve Liberia’s fisheries sector

09-24-2021 | 08:53:00
The World Bank has approved new financing to improve Liberia’s fisheries sector management and enhance the livelihoods of targeted beneficiaries and increase Government revenues.