Tiger Brands launches development fund to boost South African smallholder farmers

SOUTH AFRICA – Tiger Brands, a South African packaged food company has launched its enterprise supplier development fund to support smallholder farmers, processors and distributors in the food-processing value chain. According to Mary-Jane Morifi, chief […]

Cocoa cooperative in Côte d’Ivoire receives backing from ABC Fund

COTE D IVOIRE – Socak Katana, a cocoa cooperative in Côte d’Ivoire has received an undisclosed amount of investment from the Agri-Business Capital Fund (ABC Fund), managed by Bamboo Capital Partners, in partnership with Injaro. […]

Nigerian commodity exchange platform AFEX clinches investment from Consonance

NIGERIA – AFEX Commodities Exchange Limited (AFEX), a private commodity exchange firm in Nigeria has secured an investment for an undisclosed amount from Consonance Investment Managers, a Sub-Saharan Africa focused early-stage and growth investment firm. […]

Nigeria secures key fertilizer production ingredient from Russia to boost local production

NIGERIA – The Federal Government on Monday entered into an agreement with a Russian firm, Uralchem, on fertiliser production in Nigeria. The signing which was done under the Presidential Fertiliser Initiative (PFI) will see Russia […]

Namibian meat processor Ohlthaver & List buys majority stake in rival company

NAMIBIA – The Ohlthaver & List Group has acquired a 60% stake in Hartlief Corporation Limited, a meat producer, a move that is in line with the group’s 2025 corporate strategy. This majority stake ownership […]

Ghana acquires US$188m loan facility for Agricultural mechanization

GHANA – The government of Ghana through the Ministry of Food and Agriculture has secured loan facilities of US$150m from India and US$33m from Brazil to enhance agro-processing in the country through purchase of machinery. […]

Italian bottle screw-top maker Guala Closures opens US$5.5m factory in Kenya

KENYA – Guala Closures East Africa (GCEA) subsidiary of the Guala Closures Group (GCG), screw-top manufacturer, has opened its KSh570 million (US$5.5m) factory in Nairobi, Kenya. The Italian listed company has set up the plant […]

Pyxus Agriculture to invest US$50m in value addition of Malawi’s agric produce

MALAWI – Pyxus Agriculture Limited, subsidiary of United Kingdom-based company Pyxus Agriculture Holding Limited, focusing on groundnuts and sunflower value addition ventures has announced that it will invest $50 million (about K37 billion) in Malawi’s […]