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30-10-2014 23:52:00 | by: Administrator | hits: 32565768 | Tags:

AfDB, Government of Canada announce funding facility to grow agriculture small and medium enterprises
01-02-2023 | 11:39:46
The Agri-food SME Catalytic Financing Mechanism aims to catalyze and de-risk investment for agriculture SMEs, as well as strengthen agricultural value chains and improve food security across the continent.
Heifer International to partner with Mastercard to empower millions of smallholder farmers in Africa
01-02-2023 | 09:07:37
Heifer International and Mastercard have announced an agreement to connect millions of smallholder farmers in Sub-Saharan Africa to Mastercard's Community Pass – a digital platform that makes it safer and easier for farmers to get paid more and faster for their produce.
[Kenya] Capital Markets Authority licenses four new coffee brokers
31-01-2023 | 09:22:42
The coffee brokers were licensed under the Capital Markets (Coffee Exchange) Regulations, 2020. This brings the number of coffee brokers so far licensed by CMA to ten.
Ghana begins receiving payments for reducing carbon emissions in forest landscapes
31-01-2023 | 09:04:01
Ghana has become the second country in Africa after Mozambique to receive payments from a World Bank trust fund for reducing emissions from deforestation and forest degradation, commonly known as REDD+.
[Sommet Nourrir l’Afrique] :10 milliards de dollars pour faire de l’Afrique le grenier du monde
30-01-2023 | 11:14:00
Le Groupe de la Banque africaine de développement prévoit d’investir dix milliards de dollars au cours des cinq prochaines années pour aider l’Afrique à éradiquer la faim et devenir le principal fournisseur de denrées alimentaires pour elle-même et pour le reste du monde.
Les partenaires vont investir 30 milliards de dollars pour stimuler la production alimentaire en Afrique
30-01-2023 | 09:30:13
Les partenaires au développement sont convenus d’investir 30 milliards de dollars pour soutenir la détermination du continent à stimuler la productivité agricole et à devenir un grenier pour le monde.
IFAD partners with AfDB to boost agricultural productivity in Africa
30-01-2023 | 05:12:00
The African Development Bank (AfDB) and the UN’s International Fund for Agricultural Development (IFAD) are joining forces to address the structural problems hampering agricultural productivity in Africa through a new programme aimed at feeding Africa sustainably.
ACTESA develops a regional seed information system
27-01-2023 | 08:46:54
The Alliance for Commodity Trade in Eastern and Southern Africa (ACTESA), has developed a Seed Information System which will be used to measure performance of the COMESA Seed Trade Harmonization Implementation Plan (COMSHIP).
Ugandan Startup, Agro Supply received $200k to accelerate their growth
26-01-2023 | 12:18:00
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund has announced a $2 million investment in 10 startups developing solutions to improve the resilience of communities most vulnerable to climate change in Africa including Agro Supply from Uganda.
AfDB to commit $10 billion to make continent the breadbasket of the world
26-01-2023 | 12:14:18
The African Development Bank Group, will commit $10 billion over the next five years to boost Africa’s efforts to end hunger and become a primary food provider for itself and the rest of the world.
The Water Project deepens its commitment to clean water in Vihiga county, Kenya
26-01-2023 | 10:23:00
On January 20th, the County of Vihiga in Western Kenya signed a Memorandum of Understanding with The Water Project, a U.S.-based NGO building sustainable water projects to bring clean, safe, and reliable water to the communities of Vihiga County.
Dekel Agri-Vision pour la production de noix de cajou en Côte d’Ivoire
25-01-2023 | 12:58:00
En Côte d’Ivoire, l’entreprise agro-industrielle Dekel Agri-Vision prévoit de lancer une usine de transformation de noix de cajou cette année.
Over Sh3.1 billion worth of deals to be struck at the 6th Edition of Africa Agri Expo
25-01-2023 | 12:45:00
Agriculture deals worth multi-million dollars to be struck next month as investors throng the Kenyan capital for the 6th edition of Africa Agri Expo (AAE) in February 2023.
Criterion Africa Partners completes investment form Ghana
25-01-2023 | 12:31:00
Criterion Africa Partners has completed an investment of up to $17.1 million in Form Ghana, one of the largest reforestation companies in Africa.
[Kenya] CMA extends approval to the Nairobi Coffee Exchange
23-01-2023 | 05:12:00
The Capital Markets Authority (CMA) has extended the in-principle approval granted to the Nairobi Coffee Exchange (NCE) to continue operating as a coffee exchange to April 30, 2023.
Proparco, BIC-BRED et Céréalis s’associent pour soutenir les importations de céréales en Afrique
19-01-2023 | 13:05:00
Proparco et Bic-Bred (Suisse) SA ont signé un partenariat, sous la forme d’une participation en risque dans une facilité de financement octroyée à Céréalis.
Aruwa makes follow-on investment in AgroEknor
19-01-2023 | 10:49:00
Aruwa Capital Management to announce a follow-on investment into AgroEknor International, a fast-growing hibiscus flower exporter and wellness brand.
$10.15 million from to boost fertilizer supply to 850,000 African smallholder farmers
18-01-2023 | 14:32:00
Africa Fertilizer Financing Mechanism welcomes $10.15 million from the Norwegian Agency for Development Cooperation to boost fertilizer supply to 850,000 African smallholder farmers.
Dr Eliane Ubalijoro appointed CEO of CIFOR-ICRAF
17-01-2023 | 11:58:51
Ubalijoro will be the first African woman Director General of a CGIAR Research Center and CEO of two Centers in CGIAR’s 52-year history.
[Kenya] Cisco Grant Program empowers smallholder farmers with innovative tech
16-01-2023 | 14:39:21
With the help of a Cisco grant, Kenyan-based social enterprise company One Acre Fund has launched a mobile application, the Tupande app, that helps smallholder farmers order and access high-quality seeds and fertilisers.
[Interview] Temitope O. Oguntosin, CTO, Femsin Technologies Solutions, Nigeria
16-01-2023 | 11:38:00
Femsin Technoloigies Solutions Limited is an IT solution company based in Lagos. Temitope O. Oguntosin, the company's CTO, in an interview with Africa Business Communities talks on the state of the company as well as its future growth strategies.
Allemagne et FIDA unissent pour mobiliser les financements privés en faveur des communautés rurales
16-01-2023 | 11:02:33
L’Allemagne et le FIDA unissent leurs forces pour mobiliser les financements privés en faveur des communautés rurales sur le continent africain.
[Nigeria Business Week] Andrea Ayemoba: 2022 statistics outline Nigeria's economic status quo
13-01-2023 | 12:48:00
Despite all the setbacks plaguing economies the world over, Nigeria’s GDP for 2022 is projected to be north of $500billion, the largest in Africa. All eyes are now turned to what these next 12 months could bring Africa’s largest economy.
Oikocredit soutient les petits producteurs de cacao en Côte d'Ivoire
11-01-2023 | 09:23:00
Principale culture agricole et produit d'exportation, le cacao fait vivre environ 1,5 million de ménages sur les plus de 28 millions d'habitants que compte le pays raison par laquelle Oikocredit travaille avec des coopératives de producteurs de cacao, des PME et des institutions de microfinance (IMF) actives dans le secteur du cacao ivoirien.
AgDevCo élargit son portefeuille en Côte d'Ivoire pour faciliter l'accès aux intrants agricoles
05-01-2023 | 11:17:00
AgDevCo a annoncé son investissement dans le secteur agroalimentaire de 5,5 millions d'euros dans le groupe Afrique Phyto Plus (A2P), une entreprise de négoce et de production d'intrants agricoles opérant en Côte d'Ivoire, au Mali, au Burkina Faso et en Afrique de l'Ouest plus généralement.
EIB Climate Survey in Kenya
05-01-2023 | 10:05:46
97% of Kenyan respondents say climate change is already affecting their everyday life.
U.S. Agencies forge partnership to improve food safety standards globally
05-01-2023 | 09:39:46
The initiative includes the investment of $15 million over the next five years to support the availability and trade of safe food products to reduce poverty, hunger, and malnutrition in low- and middle-income countries.
Kenya to host the sixth edition of Africa Agri Expo
04-01-2023 | 09:00:00
The region's leading agricultural 2-day event - AAE 2023 will happen on 8th February to 9th February at the Kenyatta International Convention Centre (KICC) and is designed to provide solutions to Farmers, Agribusiness professionals, Agronomists, Government representatives to improve their yields and revenue.
[East Africa Business Week] Bob Koigi: Enhancing regional digital integration
23-12-2022 | 10:01:20
As East Africa seeks to become a more deeply integrated and dynamic digital investment, innovation, and growth hub, it is exploring initiatives and partners to help it drive that agenda as it seeks to boost its competitiveness as an investment hub.
TDB Group extends usd100 million financing to the export trading group to support farmers in Africa
22-12-2022 | 10:46:00
The Eastern and Southern African Trade and Development Bank (TDB) has extended a USD 100 million trade finance facility to Agri Commodities and Finance FZE-LLC (ACF), a subsidiary of the Export Trading Group (ETG), one of the largest agricultural supply chain operators in Africa.
East African Community bets on Bioeconomy Strategy to boost food security
22-12-2022 | 06:51:59
Dr. Mathuki said that the bioeconomy strategy – the first of its kind in Africa and the second in the world after that of the European Union – will increase opportunities for the EAC Partner States to deepen their cooperation in developing a sustainable and resilient bioeconomy.
WFP launches virtual marketplace to boost smallholder farmers’ income in Namibia
21-12-2022 | 13:33:00
The United Nations World Food Programme (WFP), is collaborating with Tololi Online, an e-Commerce platform to set up a virtual marketplace as part of efforts to improve market access and boost farmers’ income in Namibia.
Germany and IFAD join forces to mobilize support for rural communities in Africa through private sector financing
21-12-2022 | 13:19:30
Following its recent €30 million contribution in support of IFAD's response to the global food and energy crisis, Germany has committed to investing an additional €22 million to strengthen the agricultural business sector in Africa.
RSSB, Norfund and SOS Children’s Villages are investing in the Katapult Africa Accelerator Program
21-12-2022 | 10:37:00
Rwandan pension fund RSSB, Norfund and SOS Children’s Villages are investing in the Katapult Africa Accelerator Program. Nine agriculture and technology startups will receive funding to scale up new solutions that will both create jobs and increase food security.
FMN-Golden Agri Limited awarded 500 million Naira in to improve the production of maize and soybean in Nigeria
19-12-2022 | 12:37:01
The USAID-funded West Africa Trade and Investment Hub (Trade Hub) has awarded 562.9 million naira in co-investment grants to Golden Agri – Inputs Limited (GAIL), a wholly owned subsidiary of Flour Mills of Nigeria Plc (FMN).
DFC announced $369 million in new projects including in health, energy and food security
19-12-2022 | 11:06:17
At the U.S.-Africa Business Forum, U.S. International Development Finance Corporation (DFC) announced active commitments across Africa totaling more than $11 billion. This includes $369 million of new active commitments announced as part of the U.S.-Africa Leaders Summit.
[East Africa Business Week] Growing the region’s investment portfolio
16-12-2022 | 13:15:00
In the last week, a series of investments across East Africa have been unveiled by corporates, banks, multinationals and development partners as the region continues to position itself as an investment hub in the continent.
OPEC Fund approves over $500 million in new global development support
16-12-2022 | 06:00:00
The OPEC Fund for International Development has approved more than $500 million in new financing at the most recent meeting of its Governing Board and in the final quarter of 2022.
Mobility for Africa receives $2 million funding from InfraCo
15-12-2022 | 09:33:00
InfraCo Africa has signed an agreement committing US$2 million to scale the offering of Mobility for Africa, an electric mobility company delivering affordable, cargo-carrying e-tricycles and solar-powered battery charging solutions for underserved communities in rural Zimbabwe.
Planet collaborate with ZEP-RE on drought insurance programme in Africa
15-12-2022 | 06:32:29
ZEP-RE aims to leverage PlanetScope 3-5 meter resolution imagery through Planet’s analysis-ready, Surface Reflectance Basemaps products.
Tanzania to host the AGRF, Africa’s Food System Forum 2023
14-12-2022 | 08:01:00
The AGRF, Africa’s Food Systems Forum, is the premier platform for advancing the agriculture and food systems agenda on the continent; from food security to agri-food investments.
Oikocredit et I&P prennent des participations dans l'agro-transformateur Agroserv au Burkina Faso
12-12-2022 | 12:16:00
Oikocredit et Investisseurs & Partenaires, avec le soutien des prêteurs BIO Invest et EDFI AgriFI, investissent 12,2 millions d'euros dans Agroserv.
Germany provides €30 million to IFAD's immediate response to the global food and energy crisis
06-12-2022 | 10:09:03
Germany's funding will be channelled as immediate support, through existing IFAD programmes operating in countries that are hardest hit by setbacks.
GMO ban in Kenya and why it's being lifted
05-12-2022 | 10:45:00
In 2012, the Kenyan government announced a ban on genetically modified organisms (GMOs).
[East Africa Business Week] Bob Koigi: Scaling startups’ investment in the region
02-12-2022 | 16:51:39
As startups successfully raise funding, they are boosting their product and service portfolio while setting sight on the East African region for expansion. This
Africa seeks US$170 bln for Resilient infrastructure
01-12-2022 | 10:18:00
AFRICA needs to mobilise a staggering US$170 billion annually in long term financing to develop infrastructure key sectors, agriculture included to accelerate growth dwarfed by the COVID 19, conflicts and climate change.
African female policy practitioners selected for the AWARD new career development programme
30-11-2022 | 12:15:00
African Women in Agricultural Research and Development (AWARD) has announced the selection of 50 African mid-career women as Fellows in the first cohort of its newest two-year career development program.
Whole grain impact on global food security
30-11-2022 | 08:04:47
The processing of these grains reduces their volume by 20 to 30 percent and removes even more of their nutritional value.
AECF and AFAWA partner to unlock the entrepreneurial capacity of women-led enterprises in Africa
28-11-2022 | 09:42:34
The project aims to expose women to critical financial and expertise training integral to support the scaling of their businesses
GAIN and CARE signed MoU to improve access to affordable healthy diets
24-11-2022 | 09:22:29
CARE and the Global Alliance for Improved Nutrition (GAIN) announced the signing of a memorandum of understanding, establishing a global partnership to improve access to affordable healthy diets.
Ethiopian innovator emerges as winner of USAID-Funded Food Safety Challenge
24-11-2022 | 07:52:00
The USAID-Funded Food Safety Challenge aims to enable lasting improvements in the safety of nutritious foods in Ethiopia and Nigeria, and over 750 applications were received.
[Ghana]: $27.9 million grant for Savannah Agriculture Value Chain Development Project
24-11-2022 | 07:24:00
The grant will increase the climate-resilient production of maize, rice and soybean, support the poultry value chain, and generate employment for women and youth.
Les fonds ARAF renforce les activités de Famerline, FarmWorks et Sunculture
22-11-2022 | 11:19:00
Famerline, FarmWorks et Sunculture, ont été financé par le fonds ARAF aident, par l’innovation technologique, les petits exploitants agricoles à s’adapter au changement climatique en Afrique de l’Est et de l’Ouest.
Kenya set to host international poultry expo
21-11-2022 | 13:00:00
Demand for poultry products is on the rise in Kenya driven by an emerging middle-class created in existing and new urban settlements as a result of devolution.
Perennial rice incorporates African wild rice genes and halves production cost, study
21-11-2022 | 12:50:00
The global population was projected to reach 8 billion by 15 November 2022, according to the UN’s recently-released World Population Prospects 2022.
[Column] Inga Jacobs-Mata: Building African climate resilience will depend on unlocking African ingenuity and collaboration
18-11-2022 | 12:02:15
To have a lasting impact, climate negotiators and decisionmakers at COP27 should work to strengthen the enabling environment needed to leverage such initiatives by firstly engaging with a wide range of private sector players.
[Column] Rajan Shah: Let’s make Kenya a sustainable agriculture powerhouse
17-11-2022 | 08:35:10
Climate change has led to rising temperatures, changing precipitation patterns and extreme weather events, which have impacted food production and distribution systems globally.
Esri and Microsoft collaborate on sustainable agriculture development in Africa
15-11-2022 | 06:34:27
Together, Esri and Microsoft will create and launch technology solutions enabling organizations in Africa to perform crop-type mapping at scale to improve agricultural management.
AGRA, Barbados Government sign MoU for collaboration on Africa-Americas agri-food system transformation
14-11-2022 | 05:45:00
The partnership will strengthen cooperation and advocacy in areas of common interest in food systems and climate change adaptation between relevant stakeholders in Barbados and Africa.
UNIDO and Camco to catalyze adaptation finance for climate-resilient agriculture in Southern Africa
14-11-2022 | 05:30:00
The United Nations Industrial Development Organization (UNIDO) and climate and impact fund manager Camco have signed a Memorandum of Understanding to ramp up investments in climate-resilient agriculture in Southern Africa.
Kenyan farmers turn to picture-based insurance to tackle weather changes
11-11-2022 | 14:15:00
Insurance can help cushion smallholder farmers from crop and financial losses that occur as a result of climate change, yet many are reluctant to invest in such schemes. But why?
New study shows $100 billion in climate change adaptation investment opportunities in Africa by 2040
11-11-2022 | 08:56:00
Private investment opportunities to support climate change adaptation against floods and droughts in Africa could reach a total of $100 billion by 2040, according to a new IFC study.
EABC calls for set up of consolidation centers to boost export of fresh produce from the EAC bloc
11-11-2022 | 07:09:21
The intricacies and competitiveness of EAC economies rely on the transport and logistics sector
Planete Urgence, le Groupe Orange et Sia Partners lancent le projet de restauration de mangroves au Cameroun
10-11-2022 | 12:44:00
Projet de restauration de mangroves, une action majeure pour lutter contre le changement climatique et augmenter la résilience des habitants de l’estuaire du Cameroun et du Ntem
Vanu a rejoint Orange pour fournir de la connectivité dans les zones rurales
10-11-2022 | 12:13:00
Le groupe Orange Côte d'Ivoire et Vanu, Inc. ont annoncé un partenariat pour fournir de la connectivité dans les zones rurales de Côte d'Ivoire et aux filiales du groupe Orange Côte d'Ivoire au Burkina Faso et au Liberia.
AGRA and Grow Asia in a deal to drive South-South Cooperation between Africa and Asia
09-11-2022 | 10:44:30
South-South cooperation is characterized by technical collaboration by developing countries in the Global South.
Nestlé partners with Africa Food Prize to strengthen food security and climate change resilience
09-11-2022 | 09:30:00
Nestlé announced that it is partnering with the Africa Food Prize to help accelerate the transformation of food systems in Africa, as a way of strengthening the continent's food security and building greater climate change resilience.
African Guarantee Fund and Responsability partner to boost agri-SME financing in Africa
09-11-2022 | 07:57:00
The partnership is entirely dedicated to increasing the financing of Small and Medium Enterprises (SMEs) in the agricultural value chain with a focus on businesses engaged in activities related to crops and farming products or commodities.
Afreximbank announcesd US$1.5 Billion financing programme to Botswana
09-11-2022 | 07:08:00
African Export-Import Bank (Afreximbank) has announced a historic lending arrangement to Botswana, in the form of a three-year Country Programme of up to US$1.5 billion(on a net basis), with funding for up to seven years for eligible transactions.
Study shows digital tools can help farmers in Africa fight climate change, but need more help from government
08-11-2022 | 12:57:00
African farmers urgently need government support to increase their use of digital tools. This is according to a new survey conducted by Savanta ComRes, commissioned by Vodacom.
TDB extends $10m trade finance to NMB Bank to support exporters in Zimbabwe
08-11-2022 | 11:17:00
The Eastern and Southern African Trade and Development (TDB) has extended a 3-year $10 million trade finance line of credit to support NMB Bank’s corporate clients in export-focused sectors of the economy.
Banque Mondiale prête 265 milliards de FCFA au Cameroun
03-11-2022 | 12:34:00
Le ministre en charge de l’Économie, Alamine Ousmane Mey et le directeur pays de la Banque mondiale au Cameroun, Abdoulaye Seck, ont procédé à la signature des trois accords de financement d’un montant global de 265 milliards de FCFA.
Evidence-based science to guide African negotiators at the upcoming COP27
02-11-2022 | 12:15:00
And yet, prior to 2008, each African country negotiated on its own, unlike the European Union that took a common stand on behalf of its member states.
Novo Nordisk Foundation, WFP launch partnership to improve food systems in Rwanda and Uganda
01-11-2022 | 10:17:00
The Novo Nordisk Foundation and the United Nations World Food Programme (WFP) have sealed a partnership to further advance WFP's homegrown school feeding and smallholder farmer support programmes in Rwanda and Uganda.
[Ghana] Women Rear project taps tech to enhance vaccine delivery among women livestock holders
31-10-2022 | 10:15:00
The Women Rear project, a collaborative initiative between Care International in Ghana, the International Livestock Research Institute, and Cowtribe Technology (a Ghanaian start up), aims to reach women livestock owners with animal vaccinations and encourage women to adopt a greater role in vaccination programmes.
[column] Frans Frida: Positioning Africa MSMEs to tap into and benefit from the AfCFTA
28-10-2022 | 14:58:00
The African Continental Free Trade Area (AfCFTA) is a continental treaty that seeks to, among other things, eliminate tariff and non-tariff barriers that have hindered intracontinental trade and the movement of people and goods for centuries on the continent.
IFC, FMO invest in United Exports to strengthen South Africa’s blueberry sector
28-10-2022 | 11:19:00
IFC and the Dutch entrepreneurial development bank (FMO) have partnered to provide funding and advisory support to United Exports to help the company increase sustainable blueberry production in South Africa.
[South Africa] Agrarius lists first Shari’ah-compliant sustainability-linked Sukuk on the JSE
28-10-2022 | 10:32:00
Agrarius Sustainability Engineered (Agrarius), listed Africa’s first Shari’ah-compliant sustainability-linked Sukuk (Sukuk) on the Johannesburg Stock Exchange (JSE).
Un prêt 63 millions d’euros pour un projet d'agro-industrie au Sénégal par BAD
27-10-2022 | 10:17:00
Le Conseil d’administration du Groupe de la Banque Africaine de Développement a approuvé le un prêt de 63,6 millions d’euros au Sénégal pour financer la mise en œuvre du Projet de zone de transformation agro-industrielle du Centre, dénommé Agropole-Centre.
Kineden sécurise près de 40 M€ menée par OBARA Capital
26-10-2022 | 13:15:00
KINEDEN Commodities SA, l’entreprise ivoirienne de négoce de cacao durable, a fait une importante annonce, affirmant qu’elle a réussi à sécuriser près de 40 millions d’euros auprès d’un pool de banques internationales grâce à OBARA Capital, dirigé par Bernard Ayitee.
Arunma Oteh appointed as new board member of FSD Africa
26-10-2022 | 12:10:00
FSD Africa announced the appointment of Arunma Oteh, a seasoned business leader, to the Board of Directors to support the organisation’s work to strengthen and deepen Africa’s financial markets, particularly in the area of green finance.
Project targets East African women livestock holders with lifesaving vaccines
26-10-2022 | 09:45:00
Currently, 24 women have been trained across three countries to provide vaccination and animal health-related services to 140,000 farming households.
AfDB, partners launch special agro-industrial processing zones to transform Nigeria’s agriculture
26-10-2022 | 09:01:00
African Development Bank and partners launched $520 million special agro-industrial processing zones to transform Nigeria’s agriculture
Pezesha is partnering with EzyAgric to offer Buy Now Pay Later services to farmers in Uganda
24-10-2022 | 11:33:00
Agro-inputs distributors working with EzyAgric will be able to apply for inventory financing in the form of short-term credit to buy genuine and affordable inputs stock right when they need it and pay for it later.
Nigeria Special Agro-Industrial Processing Zones initiative to be launched today
24-10-2022 | 06:48:11
The President of Nigeria, Muhammadu Buhari, jointly with the African Development Bank, the Islamic Development Bank and the International Fund for Agricultural Development will launch today the Special Agro-industrial Processing Zones (SAPZ) initiative for Nigeria.
IFC partners with Nespresso to support coffee farmers in Uganda and Zimbabwe
21-10-2022 | 11:04:00
IFC and Nespresso announced a new partnership to promote more sustainable, resilient, and inclusive livelihoods for coffee-growing communities in Africa while preserving some of the world's rarest coffee varieties.
Sakhumnotho acquires minority stake in South African citrus grapes farm Boschkrans
19-10-2022 | 16:40:55
In a move that signifies the entry of a new member into the business’ agricultural portfolio, Sakhumnotho Group has acquired partial ownership in the Boschkrans Boerdery Business.
Nigeria, Cameroon to join Côte d’Ivoire-Ghana cocoa initiative
19-10-2022 | 16:15:00
Nigeria and Cameroon have expressed interest in joining the alliance for economic relations on cocoa between Côte d’Ivoire and Ghana; the two-leading cocoa-producing countries in the world.
OPEC Fund provides $20m loan to enhance social and economic infrastructure, improve livelihoods in Ghana
18-10-2022 | 13:11:00
The OPEC Fund for International Development is providing a $20 million loan to the Republic of Ghana to support the Integrated Rural Development Project - Phase 2.
Agritech startup eLivestock partners with nChain to deliver blockchain-based solutions to farmers in Africa
18-10-2022 | 12:43:00
eLivestock Global (ELG) and nChain announced a partnership to launch a cattle traceability platform with the goal of ensuring livestock are healthier and farmers can secure their livelihood.
IFC, BIC-BRED (Suisse) SA and Agro Companies International SA partner to boost grain imports in West and Central Africa
18-10-2022 | 09:18:14
Under the partnership, IFC will invest $20 million - through a risk participation agreement - in a $60 million trade finance facility arranged by commodity trade finance bank BIC-BRED (Suisse) SA for Swiss commodity trading group Agro Companies International SA.
Uganda eyes world silk market as supply drops
18-10-2022 | 09:12:12
Uganda has the opportunity to graduate from subsistence to commercial farming in some strategic sectors like silk production to become one of the leading suppliers.
[East Africa Business Week] Bob Koigi: Deepening diaspora remittances, driving regional investment
14-10-2022 | 13:30:00
In a first of its kind move, The East African Community (EAC) has announced setting up a Diaspora desk that will focus on facilitating East Africans living in the diaspora to invest and trade in the region.
[Column] Apollos Nwafor: The Green Deal could help address Africa’s food security challenges
14-10-2022 | 08:59:38
The conflict between Russia and Ukraine has brought about new complexities in the global supply of staple food items and inputs like fertilizer, affecting many African countries.
Diago Dièye joins the Nyala Venture team as Managing Director
13-10-2022 | 11:30:00
Diago’s previous position was Chief Operating Officer and Program Director of an impact investment fund that finances SGBs.
Ugandan agritech startup Inputi receives investment to boost inputs distribution
13-10-2022 | 09:21:29
The Ugandan tech company Inputi is improving the odds in its region with funding from Renew Capital, an impact investment firm growing small and medium-sized businesses in East Africa through its network of investors, Renew Capital Angels.
[Column] Scott Coles: Climate change is making coffee growing in Africa difficult
12-10-2022 | 12:35:38
Climatologists have warned that without action, coffee farmers in Africa will lose their livelihoods. So, if we want to keep enjoying that precious cup, we need to ensure our coffee is sustainably sourced.
[Kenya] Twiga Foods taps Google Cloud to enhance efficiency of the food value chain
12-10-2022 | 08:37:59
Twiga Foods will leverage Google Cloud technologies in running an efficient food value chain that connects farmers directly with vendors to bring high quality, locally harvested fresh produce to people every day—increasing accessibility to food items in Kenya.
Eni starts exporting vegetable oil for biorefining from Kenya
12-10-2022 | 08:28:29
The vegetable oil is produced in the Makueni agri-hub, the pressing plant opened by the company in July 2022 and that actually processes castor, croton and cotton seeds.
Novo Nordisk Foundation and World Food Programme launch partnership to improve food systems in Rwanda and Uganda
11-10-2022 | 08:12:24
The Novo Nordisk Foundation has committed a $4.1 million grant to improve health, nutrition, food security and incomes for marginalized and vulnerable smallholder farming communities. The objective is to build the resilience and functionality of food systems in the most food insecure regions of both countries.