Tag: AFDB

AfDB approves US$13.2m funding for sustainable fisheries, aquaculture development in Malawi

Food Business Africa

MALAWI – The African Development Bank Group (AfDB) has approved a US$13.2 million financing package from the African Development Fund for a fisheries and aquaculture development project in Malawi for sustainable fisheries, aquaculture development and […]

AfDB signs US$5.4m financing agreements to boost agriculture sector

Food Business Africa

AFRICA – The African Development Bank (AfDB) and the African Fertilizer and Agribusiness Partnership (AFAP) have signed grant agreements worth US$5.4 million that seek to boost the agriculture sector. The agreement aims to officially launch Africa […]

AfDB relaunches initiative to support African agricultural transformation

Food Business Africa

AFRICA – The African Development Bank (AfDB) with support from the Rockefeller Foundation and the Bill & Melinda Gates Foundation has relaunched the Leadership for Agriculture (L4AG) Forum. The L4AG Forum is a platform that […]

AfDB calls for more investments in Africa’s food markets to enhance food security

Food Business Africa

AFRICA – The African Development Bank (AfDB) has called on governments across Africa to invest in food markets in order to enhance food security in the continent. Speaking during the 7th Tokyo International Conference on […]

AfDB, African Union launch scorecard to track nutrition progress

Food Business Africa

AFRICA – The African Union Commission, African Development Bank (AfDB) and global partners have launched the Continental Nutrition Accountability Scorecard to raise awareness and help in curbing malnutrition. The nutrition assessment kit encompasses key nutrition […]

Global Food Safety Partnership calls for more investments to promote domestic food safety

Food Business Africa

AFRICA – Global Food Safety Partnership (GFSP), a public-private partnership that promotes food safety, has called for more investments into the domestic food safety across African countries in order to curb food-borne diseases. According to […]

AfDB approves US$75m investment in Sudan’s largest food and agro firm, Dal Group

Food Business Africa

SUDAN – The African Development Bank (AfDB) has approved a multi-currency loan equivalent to US$75 million to DAL Group Co. Ltd, one of Sudan’s largest food and agriculture business groups. The transaction is expected to […]

AfDB approves US$130 million to improve access to water in Rwanda

Food Business Africa

RWANDA – The African Development Bank’s (AfDB) Board has approved additional funding support of €115 million(US$130 million) to Rwanda’s Sustainable Water Supply and Sanitation Program, enabling 1.5 million people to access improved, reliable and sustainable […]

AfDB to invest US$20m in Zimbabwe’s agricultural value chain

Food Business Africa

ZIMBABWE – Africa focused finance institution, African Development Bank (AfDB) has lined up US$20 million of investments in an agricultural value chain development programme in Zimbabwe, the Herald reports. The programme, which awaits approval from […]