tagresults
BUA Group invests in Wärtsilä smart power technology to reduce carbon footprint in its Nigeria cement plant
Wärtsilä is to supply an engine power plant based on Smart Power Generation technology that will enhance the output and reduce the carbon footprint of a Nigerian cement production facility.
Egypt, Hungary explore partnerships in the livestock sector
Egypt Deputy Agriculture Minister for Animal Resources, Mona Mehrez has discussed in a meeting with Hungarian Ambassador in Cairo Peter Kveck means of boosting bilateral cooperation in the field of livestock.
Bayer, Fair Planet renew commitment to improve access to seeds in Ethiopia
Bayer has renewed its commitment to the “Bridging the Seed Gap” project for five years in Ethiopia.
[Mauritius] Maaden acquires Meridian Fertilizer Group
Saudi Arabia’s largest mining company, Ma’aden, will make its first international acquisition with the purchase of an African Fertilizer distribution company.
FAO distributes seeds and tools to farmers in Mozambique
A joint effort by FAO and Mozambique's Ministry of Agriculture and Food Security has seen farmers in areas left devastated by Tropical Cyclone Idai receive agricultural inputs to assist hard-hit rural families get a head-start.
Vivo Energy Uganda commissions Fuel & Lubes Management Systems
Vivo Energy Uganda has officially handed over a Fuel and Lubricants Management System to its commercial customers Markh Investments in Ntinda and Q3 Holdings in Bweyogerere.
Nigeria is the seed hub of Western and Central Africa, Access to Seeds Index
Nigeria-based Value Seeds tops the rankings in new research on seed companies operating in Western and Central Africa.
[Nigeria] Farmcrowdy partners with Livestock 247 to streamline farming operations
Farmgate Africa, Nigeria’s agro-commodity aggregator platform has announced its partnership with Livestock247.com, an online Livestock Market.
[Gabon] Japan, UNIDO invest in food security, women projects
The Government of Japan has agreed to fund a $ 419, 682 project to improve livelihoods in Gabon through strengthened food security.
[Kenya] Oserian flower farm blazes the trail in renewable energy
Kenya’s largest grower of rose flowers, Oserian Development company, has been recognized as the renewable energy champion further boosting its goal of creating a carbon-free environment by 2020.
[Kenya] Devenish invests $2.25 million in Sidai Africa
Global agri-technology company, Devenish, has announced a $2.25 million investment in Kenyan company, Sidai Africa Ltd.
[Nigeria] NNPC pledges support for agro-allied industries
The Nigerian National Petroleum Corporation (NNPC), has said that it would support the Federal Government's initiative to diversify the nation’s economy through agriculture.
Economic empowerment project points Tanzania women entrepreneurs to new income and status
Women entrepreneurs working in agricultural processing in the Kigoma Region have seen a boost to their income and social position thanks to a programme led by Energy 4 Impact.
[Rwanda] AgDevCo enters into a $3 million deal with Minimex Limited
UK-based social impact investor AgDevCo has closed a $3 million mezzanine loan with Minimex Limited, a maize milling company.
[Kenya] Nairobi Farmers Market seeks to link food producers directly with buyers in a country’s first
Kenyan farmers will soon have their own market where they sell produce directly to consumers, cutting off the traditional value chain that is replete with middlemen.
Farmcrowdy launches online market place for African agriculture commodities
Nigeria's digital agriculture platform Farmcrowdy Group has launched a new subsidiary, Farmgate Africa, a technology-driven agro-trading market place for agriculture commodities in Africa.
Over 10,000 Liberia cocoa farmers to benefit from a $47 million IFAD project on food security and market access
About 10,000 cocoa smallholder producers in Liberia will benefit from a new $47.6 million project that aims to improve their food and nutrition security.
Royal Swaziland Sugar Corporation bets on IoT to streamline operations
In the highly competitive and scientific sugar production industry, even incremental improvements can enhance the profitability, efficiency and long-term sustainability of sugar production companies.
[Kenya] Over 600 Makueni sunflower farmers reap from partnership with DigiFarm
More than 600 Sunflower farmers in Makueni County are set to benefit from a partnership between Safaricom’s DigiFarm product, Bidco Africa and the Makueni County Government in Kenya.
Kenya pushes for improved trade ties with Tunisia
The KNCCI in collaboration with the Embassy of the Republic of Tunisia organized the 1st Kenya-Tunisia Business Forum with the aim of creating long-term economic relations between Tunisia and Kenya.
IFC, Africa RE to develop new insurance market for Nigeria farmers
IFC has announced that it has signed an agreement with Africa RE, to help thousands of small holder Nigerian farmers more easily access insurance to protect their crops and livelihoods.
Rwanda’s anchor sectors receive $33 million from European Investment Bank
The European Investment Bank, the long-term lending institution of the European Union, and Bank of Kigali have agreed their largest ever cooperation to support new business investment across Rwanda.
[Nigeria] Farmcrowdy raises US$ 1 Million in funding
Farmcrowdy, a Nigerian agritech company has raised an additional $US 1 million in funding from international investors Cox Enterprises and Techstars, along with local investor Ajayi Solutions.
[Interview] Natalie Miller, CEO, GreenFingers Mobile, South Africa
Natalie Miller is an American entrepreneur and business development professional with over a decade of experience leading and growing organizations across Africa. In April 2018, Natalie joined agritech solutions provider, GreenFingers Mobile, as its CEO.
[Nigeria] Farmcrowdy closes on additional $1m seed funding
Farmcrowdy, Nigerian digital agriculture platform which allows Nigerians to invest in agriculture, has closed on additional seed funding of $1 million.
[South Africa] Small Scale Fisheries Sector launches in Kwazulu Natal
The Department of Agriculture, Forestry and Fisheries has launched the Small-Scale Fisheries Sector in KwaZulu-Natal, South Africa.
Hershey unveils plans to restore forest cover in cocoa growing regions of West Africa
Global chocolate manufacturer The Hershey Company has announced plans to protect forests and restore forest cover in the cocoa growing regions in West Africa.
OFID invests $12 million in Mozambique fisheries project
OFID has signed a $12 million loan agreement with Mozambique to co-finance a project aimed at strengthening artisanal and industrial fishing to boost food security and improve living standards.
South Africa companies to seek trade and investment opportunities in Ghana
Twenty-seven South African companies will get an opportunity to explore trade and investment opportunities in Ghana when they participate in an Outward Trade and Investment Mission from 24-30 March 2019.
Angola government invests $2 million in industrial park
At least 636.9 million kwanzas, approximately $2 million, are being invested by the Angolan Government in the construction of the rural industrial park.
South Africa, Mozambique and the UK progress in finalizing a roll-over Economic Partnership Agreement
South Africa Minister for Trade and Industry says progress has been made to finalize a roll-over Economic Partnership Agreement between the Southern African Customs Union, Mozambique and the UK.
[Kenya] Blockchain Startup CapAgri selected into æternity Ventures’s 2nd Starfleet Accelerator Program
Kenya’s CapAGRI Africa has been selected among the most-promising seed stage blockchain startups from around the world to take part in æternity Venture’s ‘Starfleet’ Accelerator Programme.
Government intervenes to save poultry industry in South Africa
The South African government continues to deploy a number of interventions to support the poultry industry including measures to boost competitiveness, value-addition and technology upgrading.
[Interview] Eric Acquah, Founder, AcquahMeyer Drone Tech, Ghana
Ghanaian entrepreneur, Eric Acquah, uses his experience in the Aerospace and Aviation industry to better Agriculture and farm productivity in Ghana.
Kenya, Zimbabwe seed companies outperform multinational peers in serving smallholder farmers, Index
Two homegrown African seed companies top the 2019 Access to Seeds Index for Eastern and Southern Africa, for playing a key role in raising smallholder farmer productivity.
[Sierra Leone] IFAD targets 34,000 households with $72 million project to boost food security and incomes
About 34,000 vulnerable rural households in Sierra Leone will benefit from a new $72.6 million project that aims to improve food and nutrition security and raise the incomes of smallholder farmers.
COMESA seeks to raise its global share of seed trade value to 5 per cent
Regional economic bloc, The Common Market for Eastern and Southern Africa, COMESA, says it targets to increase its share of the total global seed trade value from 2 to 5 per cent in the next three years.
[Interview] Samson Ogbole, Co-Founder, PS Nutraceuticals, Nigeria
Agriculture and technology working together create a environment condusive to efficiency, empowerment and health. This is the mandate at PS Nutraceuticals, co-founded by Samson Ogbole.
Mozambique, Soliridad Southern Africa ink agric investment deal
The National Institute for Standardization and Quality and the regional organization “Solidaridad Southern Africa” have begun to work together on the certification of agricultural products in Mozambique.
UNIDO pilots Better Cotton Initiative in Egypt towards sustainable cotton production
The United Nations Industrial Development Organization (UNIDO) has launched the Better Cotton Initiative (BCI) pilot in the country to support the Egyptian Cotton branding.
[Column] Diphetogo Lefhoko: Business risks that Botswana faces in 2019
One of the most important trends to emerge in recent years is that it is increasingly difficult to identify individual risks in isolation.
[Côte d'Ivoire] IFC develops guide to increase market access for processed cashew nuts
IFC, in partnership with the Government of Côte d'Ivoire and Canada, and the Cotton and Cashew Council announced the publication of a guide to improve market access for SMEs in the cashew processing sector in Côte d'Ivoire.
Big data Project grows Ugandan smallholder yields, incomes by 70 per cent
Leveraging big data, a CTA-led project has significantly increased crop yields and incomes for thousands of Ugandan smallholder farmers.
Corteva Agriscience Agriculture Division picks Casablanca as hub for North-West and West Central Africa
Corteva Agriscience™, Agriculture Division of DowDuPont, has launched its official North-West & West Central Africa regional headquarters in Casablanca, Morocco.
AgDevCo, Centurion Agricultural Partners invest in Uganda’s pork industry
AgDevCo and Centurion Agricultural Partners have unveiled a multimillion-dollar investment in the Nakifuma Farming Company.
Project targets 235,000 Burundi households with nutrition security and income
Nearly 235,000 vulnerable households will benefit from a $101 million project that aims to improve the living conditions and climate resilience of rural populations in five provinces of Burundi.
Panalpina flies record 1.6 million roses from Kenya to Sydney in ‘love plane’
International freight forwarding and logistics company Panalpina has flown an entire Boeing 777 cargo aircraft packed full of freshly cut roses from Nairobi to Sydney, right in time for the romantic holiday.
Liberia launches country profile, bets on agribusiness to spur economic growth
The Ministry of Finance and Development Planning of Liberia has unveiled the Liberia's Country Profile.
[Kenya] Oserian targets top students with scholarships, job opportunities
One of Kenya’s largest flower growers and exporters, Oserian Development Company has announced a series of scholarships for best students in the schools it manages.
South Africa set to showcase its fruit and vegetable export capabilities in Germany
South Africa’s fruit and vegetable export capabilities will be on full display to the world when the dti will showcase 25 of the finest local fruit and vegetable exporting companies in Germany, this February.
Tanzania, South Africa and Kenya benefit most from investments in local seed business activities, Index shows
Global seed companies are adapting their products to combat the impact of climate change and address nutrition needs.
Italy to contribute €5.8 million to three new UNIDO projects in Africa and the MENA region
The Director General of the Italian Ministry of Foreign Affairs and International Cooperation signed three new funding agreements of €5.8 million for projects in Mozambique, Tunisia and MENA regions.
[Kenya] Monetary Policy Committee retains Central Bank Rate at 9%, survey
The Monetary Policy Committee (MPC) retained the Central Bank Rate (CBR) at 9.00 percent during its January 28, 2019 meeting.
South Africa, India to strengthen cooperation in agriculture
The governments of South and India have agreed to strengthen cooperation in the fields of agriculture, forestry and fisheries.
Oserian named best grower of cut flowers at global awards
Oserian Development Company Limited has started the year on a high note by winning a coveted prize at this year’s International Grower of the Year awards.
AGCO and Germany cooperate in deepening farm mechanization across Sub-Saharan Africa
AGCO has signed a Letter of Intent with the German Federal Ministry of Economic Cooperation and Development to implement a joint agricultural project in Africa.
Egypt, Tunisia sign working program on fishing
Egypt and Tunisia have signed a working program to exchange expertise in the fields of sea fishing and fish farming for 2019/20.
AGCO launches innovative Farm in a Box initiative for Africa taking farm mechanization into rural communities
AGCO, Your Agriculture Company, a worldwide manufacturer and distributor of agricultural equipment, has unveiled its pioneering Farm in a Box (FIAB) initiative for Africa.
[Nigeria] Growsel receives Oracle Netsuite for its agriculture crowdfunding platform
Growsel, has received software from Oracle NetSuite Social Impact for growing social enterprises.
AgDevCo invests $3million in Ghanaian farmer-owned Cocoa Company
Impact investor AgDevCo has invested in Kuapa Kokoo Limited, the only licensed cocoa buying company in Ghana which is owned by a cooperative of Ghanaian smallholder cocoa farmers.
China reiterates financial and infrastructural support to Angola
The Chinese government will continue to provide aid to Angola, mainly in the financial and infrastructure sectors, as well as encouraging local companies to invest in Angola.
Business trends shaping Africa in 2019
The progress of Africa’s economy over the last decade has been remarkable. In 2018, six African nations – Ethiopia, Ghana, Tanzania, Senegal, Ivory Coast and Djibouti – feature in the fastest-growing economies in the world.
[Nigeria Business Week] Industries partner to reach common goals
The sectors are revving up to keep up momentum as the 2019 opens new doors for Nigeria’s stride toward economic balance.
Angola and Vietnam deepen cooperation on agriculture
Angola and Vietnam will increase cooperation in agriculture and technology, as part of the ongoing economic diversification process in the country.
[Angola] Webcor Group acquires Lactiango for $30 million
Lactiangol, Angola's main dairy unit, has been acquired by the Webcor group, in a deal valued at $30 million.
Nigerian tomato growers charge Federal Government on processing plant
The Tomato Growers Association of Nigeria (TOGAN) has urged the Federal Government to establish cottage processing plants in tomato producing areas.
Kazungula Bridge to link, open up markets in eight African countries
Scenes of traders, travelers, fishermen and women crossing the Zambezi river on floating planks, ferries, rickshaw boats, and canoes will soon come to an end.
[Column] Sachen Gudka: Tracking Kenya Big Four Agenda’s performance
By deliberately centering Manufacturing in the Big 4 Agenda, Kenya made an expedient decision to steer itself back on the fast track towards realizing Vision 2030.
Ghana announces plans to process half of its cocoa locally
Ghana has announced plans to start locally processing 50 per cent of all the cocoa it produces as it seeks to tap into the revenues of the lucrative crop while creating more jobs for the locals.
Angola collects $9 billion from timber exports in three months
Nine million dollars were deposited in Angolan commercial banks, from September to December, in favor of the national exporters of saw timber.
World Bank injects $50 million to improve agriculture productivity in Angola and Lesotho
Efforts to improve agriculture productivity in Southern Africa got a boost following the World Bank Board approval of a $50 million project to increase the availability of agricultural technologies in Angola and Lesotho.
[Angola] UAE invests $200 million in agrarian technological centers
The United Arab Emirates (UAE) will invest US $ 200 million in 18 agricultural technology centers in Angola.
[Ghana] AgroCenta receives $250,000 GSMA Ecosystem Accelerator Grant
AgroCenta has been selected to be the recipient of $250,000 GSMA Ecosystem Accelerator Grant, funded by UK DFID, Australian AID, and the GSMA and its members.
IFC signs accords with NBE to support Ethiopia's private sector
IFC CEO has signed accords with the National Bank of Ethiopia (NBE) to expand trade and local currency financing as part of broad effort to support private sector in Ethiopia.
[Senegal] IFAD’s $72 million food security programme targets 43,000 rural households
Over 43,700 vulnerable rural households in Senegal will benefit from a US$72.4 million programme that aims to improve food and nutrition security.
Angola, Lesotho benefit from $50 million World Bank facility to boost agriculture technologies
The World Bank's Board of Directors have approved a $ 50 million project to increase the availability of agricultural technologies in Angola and Lesotho.
MafAfrique commits to invest $1.5 Million to boost East Africa’s fruits and vegetable exports to Middle East and Europe
MafAfrique, has committed to raising and investing up to $1.5 Million in ISQCL, Kenya to scale up its sustainable fruits and vegetables sourcing , production and value addition.
AgDevCo to purchase coffee from 21,000 Ugandan smallholder farmers and cooperatives
AgDevCo has announced an investment in Great Lakes Coffee, Uganda's leading producer and exporter of fully traceable, high-grade coffees.
EU and Mauritius step up partnership on climate change
The Government of Mauritius and the EU have held a High Level Policy Dialogue on Climate Change to discuss how to bring their partnership in climate change to the next level.
Mauritania rolls out the welcome mat to investors with new iGuide
Mauritania is serious about “rolling out the welcome mat” to foreign direct investment (FDI) following the launch of an online investment guide in the capital Nouakchott on 22 November.
African leaders urged to recommit to boosting continent’s agriculture sector
ECA’s African Trade Policy Centre Programme Management Officer has urged African leaders to honour their commitment to allocate 10% of their budgets to agriculture to improve continent's food security, reduce poverty and spur economic growth.
GreenTec Invests in Tanzanian organic honey producer Afrilife
GreenTec has announced its investment in Afrilife, a Tanzania-based producer of organic honey and bee products.
[Ghana] Esoko enhaces farmers communication, bolstering markets
Esoko, a Ghanaian technology firm is empowering farmers to get better prices for their products one text message at a time, connecting them directly with the traders.
AfDB approves $75 million to DAL Group to transform Sudan’s food and agriculture
The African Development Bank has approved its first private sector investment in Sudan in a multi-currency loan equivalent to $75 million to DAL Group.
Tunisia trains first set of drone pilots for agricultural productivity
Eight pilots have successfully passed their drone flight training in Tunisia.
[Kenya] Boreal Light launches unique Water Kiosk system in Miamba
Boreal Light GmbH has announced the launch of one of its most unique implementations of the Winture Planet Cube Water Desalination Systems in Miamba, Kenya.
IFAD invests $210 million to support 30,000 Ugandan households who rely on palm oil
Over 30,800 vulnerable rural households in Uganda will benefit from a $210.4 million project that aims to sustainably increase rural livelihoods by supporting an efficient oil palm industry.
[Angola] IFAD to invest $7.6 million in agriculture projects across eight municipalities
The International Fund for Agricultural Development (IFAD) will support the Angolan Government in the implementation of the ARP, with a $ 7.6 million financing.
Boehringer Ingelheim launches LastMile initiative targeting animal healthcare in Sub Saharan Africa
Boehringer Ingelheim has launched the ‘LastMile’ initiative, an integrated, solutions-driven programme that seeks to address crucial animal health challenges.
[Column] Bob Koigi: Cultivating the Facebook farming revolution to grow African economies
In less than a decade, Africa ICT sector has experienced an unprecedented boom that has caught the world’s attention.
South Africa -Tunisia Business Council mooted to boost trade and investment
South Africa Deputy Minister for Trade and Industry has received the assurance of the Tunisian business people that they are keen and committed to the establishment of the joint South Africa-Tunisia Business Council.
[Kenya] Panalpina expands facilities at Jomo Kenyatta International Airport
Panalpina continues to expand and invest in Kenya, doubling its cold storage space at Nairobi’s Jomo Kenyatta International Airport.
Elanco Animal Health, Farm Radio International partner to support livestock farmers in Tanzania
Elanco Animal Health and Farm Radio International have partnered to produce a 13-week series of radio programs to educate small-scale livestock farmers in North Tanzania.
Norway commits $3million to market initiative for East Africa farmers
The Government of Norway has announced its contribution to the Farm to Market Alliance, a global private-sector led initiative with the aim to make markets work better for smallholder farmers.
[Kenya Business Week] Leveraging the blue economy wave to boost national purse
Kenya has this week successfully hosted the first global conference on blue economy that brought together over 16,000 delegates.
AfDB partners with Entreprenarium to build capacity of 1,000 women entrepreneurs in Africa
The African Development Bank (AfDB), as part of its African Women's Access to Finance Initiative (AFAWA), is partnering with Entreprenarium to build the capacity of 1,000 women entrepreneurs on the continent.
Kenya Power posts KShs3.1 billion in annual gross profit
Kenya Power has announced a gross profit of KShs.3.1 billion for the year ended 30th June 2018. During the trading period, electricity sales increased by 2.3 % from 8,272 million units the previous year to 8,459 million units.
Mozambique making economic and social progress, AfDB report
According to the latest African Development Bank (AfDB) Country Result Brief, Mozambique has made significant strides despite an economic slump over the past two years.
Netherlands invests $9million to rehabilitate roads in South Sudan
The Kingdom of the Netherlands has invested $9 million to improve smallholder farmers’ access to markets by rehabilitating and maintaining roads in South Sudan.
[Kenya] ICIPE discovers cricket species to bolster food security
Researchers at the International Centre of Insect Physiology and Ecology (icipe) in Nairobi, Kenya, have discovered a new, previously undescribed edible cricket with great promise for mass production.
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