Kenya embarks on expansion of irrigation schemes to boost agricultural productivity
KENYA – The government of Kenya through the National Irrigation Authority (NIA) has embarked on…
AFRICAN NEWS
Fight against locust invasion gets smarter, tactical with use of night spraying drones
EAST AFRICA – The smart agtech company XAG, has proposed the use of drones in…
Tunisia promotes sustainable fisheries with deployment of satellite monitoring system
TUNISIA – Tunisia has deployed a satellite monitoring system of fishing vessels, in a bid…
Tanzanian alcohol makers turn to local sources of raw materials to boost industry
TANZANIA – Leading breweries in Tanzania i.e., Tanzania Breweries Limited (TBL) and Serengeti Breweries Limited…
South African Breweries suspends contracts of 550 temporary workers as booze ban continues
SOUTH AFRICA – It’s nearly a month since the government of South Africa reinstated the…
Flour Mills of Nigeria diversifies funding sources with listing of US$78.3m bond
NIGERIA – Flour Mills of Nigeria Plc has listed a new N29.89bn (US$78.3m) Tranche A…
Uganda’s sugar exports decline by US$29.2m in three years due to dwindling export market
UGANDA – Uganda exported sugar worth US$83.39m in the year ended November 2020, a decline…
Capital Market Authority of Kenya gives BOC more time to assess US$11.2m takeover by Carbacid
KENYA – The Board of BOC Kenya, manufacturer of industrial, medical and special gases, has…
Potato growing regions in Kenya enforce the 50kg packaging rule
KENYA – Potato farmers in Kenya are expected to earn more in coming months after…
Moroccan B2B e-commerce startup Chari.ma planning expansion after strong growth in Casablanca
MOROCCO – Chari.ma, a Moroccan B2B e-commerce platform that fashions retailers with suppliers is seeking…
Nigeria still depends on food imports despite border closures, halting forex provision
NIGERIA – The Nigerian government spent N1.85 trillion (US$4.85m) on food imports in the first…
ABC Fund supports cocoa farming in Ivory Coast issuing financing ahead of 2020/2021 season
IVORY COAST – The Agri-Business Capital (ABC) Fund managed by Bamboo capital, has issued loan…
Troubled Tuskys exists home town signifying end of an era
KENYA – Troubled Tuskys supermarket has exited Nakuru county, its birth place with the closure…
Central Bank of Nigeria to release 300,000 metric tons of maize to control market price
NIGERIA – The Central Bank of Nigeria (CBN) has announced it will release about 300,000…
FAO seeks US$38m support to supplement continuing efforts of combating locust invasion
EAST AFRICA – The Food and Agriculture Organisation (FAO) is seeking an additional US$38 million…
Massmart reports 7.7% decline is full year sales despite slight improvement in fourth quarter
SOUTH AFRICA – Massmart, Walmart owned South African retailer has reported that its group sales…
South Africa’s wine exports register 7.7% growth in earnings despite COVID-19 disruptions
SOUTH AFRICA – Wine exports from South Africa reached 319.2 million litres in 2020 earning…
Jumia extends food delivery service to five more states in Nigeria
NIGERIA – Leading e-commerce platform in Africa, Jumia has launched its food delivery service Jumia…
TechnoServe promotes smart-cashew farming in Benin leveraging on Artificial Intelligence
BENIN – TechchnoServe, an international non-profit organization has partnered with tech-company Alteia to expand its…
Africa to combat maize lethal necrosis with adoption of resistant seed varieties
AFRICA – Maize is one of the most important staple cereal crops in Africa, occupying…
Distell eyes CBD infused drinks market with acquisition of minority stake in South African CBD brand RETHINK
SOUTH AFRICA – South African wine, cider and spirits company Distell seeks to expand its…
SA booze ban forces Heineken to cut workforce by 7%
SOUTH AFRICA – Heineken SA has announced that it will trim its workforce by 7%…
Kenya registers decline in milk production, first-time in three years
KENYA – Kenya’s milk production in 2020 declined marginally by 0.95% to hit 679 million…
Naivas takes over space left by financially struggling Tuskys supermarket to open 70th Branch
KENYA – Naivas Supermarket, Kenya’s largest locally owned retail store is continuing with its expansion…