Tanzania Agricultural Development Bank supports agricultural initiative with US$4.9m investment

TANZANIA – State-owned Tanzania Agricultural Development Bank (TADB) has reaffirmed its commitment to increase funding for irrigation schemes by dishing out loans amounting to 11.48bn/- (US$4.9m) for various projects countrywide. The regions that have so […]

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. […]

Co-op Bank Kenya, CFAO launch financing scheme for Agri-Machinery and Equipment

KENYA – Co-operative Bank, a commercial bank in Kenya has penned a joint scheme with CFAO Kenya Ltd formally known as Toyota Tsusho East Africa Ltd, to enable farmers and agricultural co-operative societies get up […]

AGCO to increase investment in Zambia’s Future Farm training facility

ZAMBIA – AGCO, a US based agriculture equipment firm, has said it will make a significant investment towards further development of the Future Farm training facility in Zambia. Speaking during the ground-breaking ceremony on the […]

AGCO to invest in key agriculture project in Mozambique

MOZAMBIQUE – Agricultural firm AGCO has signed a memorandum of understanding with AT Capital S.A to collaborate in implementing the Parque Agro-industrial de Moamba (PAM) agri-industry park in Maputo, Mozambique. The announcement was made at […]

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 […]

Corteva, John Deere sign MoU to bolster growth in Africa’s agriculture sector

AFRICA – Corteva Agriscience, a global leader in seed production and crop protection has signed a memorandum of Understanding (MoU) with the world’s largest manufacturer of agricultural equipment, John Deere, aimed at accelerating growth in […]