Agritech start-up Lentera to hold fundraising for expansion of solutions to farmers

KENYA – Lentera, a Kenyan Agri-tech startup, is raising a US$560,000 funding round to build out crop-specific versions of its climate smart solutions for African farmers. Lentera started as a soil health and crop nutrition […]

Japanese consortium to fund Kenyan small-scale sorghum processors

KENYA – A consortium of private firms from Japan have rolled out an initiative to equip and fund Kenyan small scale processors to add value to sorghum in efforts to boost uptake of the traditional […]

Bunge acquires stake in Brazilian grains and inputs supplier Agrofel Grains

BRAZIL – Global agribusiness company, Bunge has entered into an agreement to acquire 30% stake in a Brazilian-grain sourcing business, Agrofel Grains and Inputs. Agrofel sells agricultural supplies in the southern state of Rio Grande […]

Africa Improved Foods partners with Clinton Foundation on soybean project in Malawi

MALAWI – Africa Improved Foods (AIF) has partnered with The Clinton Foundation to promote production and sourcing of high-quality soybeans from farmers in Malawi through the Clinton Development Initiative (CDI). The foundation has worked across […]

Zimbabwean government approves US$51m agriculture mechanization deal

ZIMBABWE – The government of Zimbabwe has approved a US$51 million farm equipment deal with John Deere for the supply of agricultural mechanisation equipment, to boost the Farm Mechanisation Programme. The loan arrangement will be […]

China reaches soymeal import deal with Argentina as trade talks near

ARGENTINA – The world’s top soymeal producer by volume, Argentina has reached an agreement to export the product to China, marking the first soymeal shipment that Argentina has made to China. According to a report […]

AfDB signs US$5.4m financing agreements to boost agriculture sector

AFRICA – The African Development Bank (AfDB) and the African Fertilizer and Agribusiness Partnership (AFAP) have signed grant agreements worth US$5.4 million that seek to boost the agriculture sector. The agreement aims to officially launch Africa […]

FAO, United Arab Emirates invest US$4m to support women in agriculture in Liberia

LIBERIA – The United Arab Emirates signed a Memorandum of Understanding with FAO to invest US$4 million in Liberia to help the rural women develop sustainable agribusiness models. The funding will support poultry and vegetable […]

AfDB relaunches initiative to support African agricultural transformation

AFRICA – The African Development Bank (AfDB) with support from the Rockefeller Foundation and the Bill & Melinda Gates Foundation has relaunched the Leadership for Agriculture (L4AG) Forum. The L4AG Forum is a platform that […]

AfDB calls for more investments in Africa’s food markets to enhance food security

AFRICA – The African Development Bank (AfDB) has called on governments across Africa to invest in food markets in order to enhance food security in the continent. Speaking during the 7th Tokyo International Conference on […]