Malawi receives US$4.4m boost from Norway to strengthen agricultural research

MALAWI – The Norwegian Government acting through the Ministry of Foreign Affairs has injected an additional US$4.4 million (about K3.2 billion) towards the Malawi Second Agriculture Sector Wide Approach Support Project (ASWAp SP II). The […]

Mauritius-based Dale Capital completes ZAR X listing for agricultural operations

MAURITIUS – Dale Capital, a private equity investment holding company and Mauritius-listed private equity investment holding company, has completed an inward listing on the ZAR X, seeking to raise US$2m (R15m) to invest in high-technology […]

Middle East based investment firm Al-Hazaa sets up a second flour mill in Egypt

EGYPT – The Jordan based Al-Hazaa Investment Group has added a second flour mill in Egypt, Al-Tajj mill 2 located at the same industrial area as its Al-Tajj mill 1 at 6th October City, a […]

Islamic Development Bank finances US$26m livestock production project in Gambia

GAMBIA – Gambia’s Ministry of Agriculture has launched a US$26m small ruminant production and enhancement project with financing from the Islamic Development Bank (IDB). The small ruminant production and enchantment project is a four-year initiative […]

Zeder shareholders to rip big upon completion of Pioneer Foods buyout

SOUTH AFRICA – Agribusiness and food-focused investment group Zeder expecting subdued value growth in the rest of its financial year, is set to return capital to shareholders and invest in new opportunities if the sale […]

Agritech start-up secures a loan facility for expansion of precision agriculture solutions

KENYA – Lantera a Kenyan agri-tech startup has obtained a loan facility of an undisclosed amount from Kenya Climate Innovation Center (KCIC) to enable it to meet its early targets as it prepares to raise […]

Beta Glass to complete $30m capacity expansion investment in June 2020

NIGERIA – Beta Glass Plc, the Nigerian maker of glass bottles and containers for the beverage industry has announced that the $30 million investment to establishing a new furnace and upgrade existing production lines at […]

Japan to fund US$3.6m for creation of virtual farmers market in Mozambique

MOZAMBIQUE – The Japanese government will be funding Mozambique with upto US$3.6 million for the creation of a Virtual Farmers Market, a project implemented by the United Nations, World Food Programme. The initiative aims to […]