Kenya to raise US$250m to set up value-addition hubs under industrialisation initiative

KENYA – The government of Kenya is seeking to raise US$250 million (Shs25 billion) through partnership with development partners to facilitate establishment of value-addition hubs for agriculture produce. Mwangi Kiunjuri, the Agriculture Cabinet Secretary, said […]

World Bank, India commit to support food security efforts in Kenya

KENYA – The World Bank and India have promised to help Kenya adopt new agricultural technology to boost food production and cut reliance on imports. Ashok Dalwal, chief executive officer in the Ministry of Agriculture […]

US-based agric equipment firm AGCO opens regional office in Morroco

MOROCCO – US-based manufacturer and distributor of agricultural equipment, AGCO has opened a regional office in the northeast of Casablanca, Morocco to serve the West and North African market. The new office seeks to further […]

NIRSAL secures US$12.48m funding to finance Nigeria’s agriculture sector

NIGERIA – The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has secured a total of US$12.48 million (N4.5bn) from four deposit money banks to boost cereal production in the country. According to a […]

AfDB approves US$113.42m to facilitate agriculture commercialisation in Africa

AFRICA – The African Development Bank (AfDB) has approved a US$113.42 million partial credit guarantee for the development of commercial agriculture projects across the continent. In a statement, AfDB said the funding will be disbursed […]

Zimbabwe’s maize output to sink 54% as adverse weather impacts on production

ZIMBABWE- A crop and livestock assessment carried out in Zimbabwe projects that the country’s maize production for the 2018-2019 summer cropping season is expected to decline 54% to 776 635 tonnes of maize. This is […]

EU to launch US$45.04m livestock programme in Zimbabwe

ZIMBABWE – The European Union (EU) is set to launch a US$45.04 million (€40m) four-year agricultural growth programme to improve Zimbabwe’s livestock sector. The EU will partner with the Zimbabwe Agricultural Growth Programme (ZAGP) in […]

Zimbabwe signs US$100m agriculture mechanisation deal to boost sector

ZIMBABWE – The government of Zimbabwe has entered into an agriculture mechanisation deal with Belarus and John Deere, manufacturer of agriculture equipment, valued at US$100 million. Under the agreement, the two will supply agriculture mechanisation […]

IBM launches tech platform to boost agriculture productivity in Kenya

KENYA – International Business Machines (IBM) Corporation, an American multinational information technology company has launched a technology platform in Kenya that seeks to help farmers increase productivity. The Watson Decision Platform for Agriculture will provide […]

Zimbabwe’s Agriculture Marketing Authority records 26% growth in revenue

ZIMBABWE – The Agriculture Marketing Authority (AMA) recorded 26 percent growth in revenues to US$2.3 million for the year ended December 31, 2018 supported by increased agricultural production during the period under review. According to […]