EU Launches commercial mushroom production project in Ghana to boost sector

GHANA – The European Union (EU) has launched a one million Euro (US$ 1.14 million) commercial mushroom production project in Ghana that seeks to boost diversification in the agricultural sector. According to a report by Ghana News Agency the project will be implemented through a four year period running through 2019-2022 and also seeks to…

Kenya eyes Chinese market for lucrative avocado and stevia exports

KENYA – Kenya is set to market its avocado produce in the Chinese market after the Ministry of Agriculture launched an initiative that seeks to expand the country’s market at a global scale. According to said Agriculture Cabinet Minister, Mwangi Kiunjuri avocado and Stevia, a crop used for the making of calorie free sweetener, are…

Ghana embarks on engineering policy to boost agriculture sector

GHANA - Stakeholders in the agricultural value chain in Ghana have embarked on a new course that seeks to validate the Ghana Agricultural Engineering Policy and Strategy (GAEPS) aimed at boosting the agricultural sector. According to a report by GhanaNewsAgency, the GAEPS when fully adopted also aims at safeguarding food security, assist consistency with environmental…

Rwandan government to bailout Kinazi Cassava Plant to boost operations

RWANDA - Kinazi Cassava Plant Limited, a cassava flour and starch processing plant in Rwanda is set to receive a bailout from government as an intervention that seeks to turn around its unprofitable business operations. According to a report by The New Times, the intervention was informed by government’s assessment of the plant’s operations which…

Rwanda, Israeli firm in US$66.68 million deal to develop agribusiness hub

RWANDA – Netafim, an Israel based irrigation technology firm, has entered into a US$66.68 million joint venture with Rwanda Development Board (RDB) in developing the Gabiro Agribusiness Hub Project (GAHP) that seeks to boost food security. According to New Times, the fund will finance the first phase of the project over a period of 18…

IFAD injects US$11.8m in Sierra Leone to boost agricultural sector

SIERRA LEONE - The government of Sierra Leone has signed a financing agreement with the international Fund for Agricultural Development (IFAD) worth US$11.8 million for the implementation of the Agriculture Value Chain Development project. The agreement signed by the ministry of finance seeks to finance the six year project aimed at promoting agri-business activities for…

Netherlands partners Rwanda in US$18.17m project to boost horticulture output

RWANDA – Netherlands has partnered Rwanda in the launch of a US$18.17million project that seeks to increase horticulture production and improve food security in the country. The project dubbed as ‘Investment in Horticultural Development in Rwanda’ (HortInvest) is funded by the Embassy of the Kingdom of the Netherlands in Rwanda and will run through a…

Flour Mills of Nigeria’s shareholders approve merger of five subsidiaries

NIGERIA – Flour Mills of Nigeria Plc (FMN), an agro-allied company, has received approval from its shareholders to merge five of its subsidiaries with its holding company under a Scheme of External Restructuring. The merger involves; Golden Noodles Nigeria Limited, Golden Transport Company Limited, FMN Cement Industries (Nigeria) Limited, New Horizon Flour Mills Limited and…

Nigeria’s Dangote Tomato Factory resumes tomato paste production

NIGERIA – Dangote Tomato Factory has resumed production of tomato paste after years of shutdown following a challenging operating environment. According to a report by The Guardian, Managing Director, Dangote Tomatoes Farms, Sani Kaita, explained that the multi-million dollar factory had resumed production after overcoming some difficulties. Among the challenges that had seen the shutdown…

Zambia’s Health Minister backs utilisation of GM foodstuffs

ZAMBIA – Zambia’s Health Minister, Dr Chitalu Chilufya, said that Genetically Modified (GM) foodstuffs have been to have no adverse effects on human health hence assuring safety to consumers in the country. According to a report by NewDiggers Dr Chilufya said that the ministry had undertaken relevant studies on the safety of GM food stuffs…