Cargill invests US$29.1m to expand animal nutrition plant in the US

USA – Diamond V, an animal nutrition business owned by Cargill, has opened its expanded manufacturing plant in Cedar Rapids, Iowa, to complete all production and packaging of its natural immune support products in one […]

The Africa Climate Change Fund invests US$4.7m in new projects

AFRICA – The Africa Climate Change Fund (ACCF) recently approved seven new project proposals amounting to around US$4.7 million. The approval of these projects increases ACCF’s overall portfolio to 15 projects which demonstrate how the […]

World Bank backs Kenyan Climate Smart Agriculture project with funding

KENYA – The World Bank has issued over ksh. 40 million (US$ 396, 738) financing to Laikipia County, North-West of Kenya to facilitate the Climate Smart Agriculture programme aimed at empowering rural farmers on climate […]

Global agric trade platform Covantis partners with blockchain company ConsenSys

SWITZERLAND – Covantis, the industry-wide initiative to modernize global agricultural trade, has partnered with ConsenSys, a market-leading Ethereum blockchain technology company. Covantis was introduced the founding members of the trade initiative; ADM, Bunge, Cargill, COFCO […]

IDH Sustainable Trade Initiative launches a fund for smallholder farmers finance

AFRICA – IDH Sustainable Trade Initiative, in coalition with Unilever, Jacobs DE, Mondelez and Rabobank, has launched the world’s biggest-ever impact fund for smallholder farmers finance. Starting with US$110.82 million, the IDH Farmfit Fund is […]

Louis Dreyfus Company secures US$100m to expand operations

NETHERLANDS – Louis Dreyfus Company, a leading merchant and processor of agricultural products has secured a US$100 million financing facility from the EBRD to facilitate the company’s regional expansion. The funding will support LDC’s operations […]

Yara and IBM launch collaboration to advance sustainable food production

SWITZERLAND – Yara International, a crop nutrition and digital farming solutions provider has partnered with IBM to launch the Open Farm & Field Data Exchange, a collaboration for farm and field data that seeks to […]

LIBA to invest US$157.9m to boost food production on commercial scale

LIBERIA – The Liberia Business Association (LIBA), the umbrella Association for all indigenous Liberian business owners has announced that it will invest U.S.$157.9 Million in collaboration with other Liberian institutions in the food production sector […]

Tyson Foods initiates global coalition to advance the future of sustainable protein

SWITZERLAND – American food company, Tyson Foods, in collaboration with other stakeholders in the food industry, has launched the Coalition for Global Protein – a multi-stakeholder initiative to advance the future of sustainable protein. The […]

AfDB approves US$37.2m to fund high credit risk projects in Africa

AFRICA – Africa Development Bank Group (AfDB) through its concessional financing window, the African Development Fund (ADF) has approved loans amounting to US$37.2 million to cover related credit risk for projects such as agriculture and […]