State releases 600,000 bags of maize to ease grain shortage

KENYA – Kenya’s National Cereals and Produce Board (NCPB) has resolved to release 600,000 bags of subsidised maize to grain millers aimed at easing grain shortage in the country. According to a Business Daily report, […]

USDA to relocate key offices to Kansas in cost-savings strategy

USA – The U.S. Department of Agriculture is planning to relocate its Economic Research Service and National Institute of Food and Agriculture from Washington to Kansas City after carrying out a cost-benefit analysis. The move […]

World Bank, India commit to support food security efforts in Kenya

KENYA – The World Bank and India have promised to help Kenya adopt new agricultural technology to boost food production and cut reliance on imports. Ashok Dalwal, chief executive officer in the Ministry of Agriculture […]

EU unveils US$66.2m agro-processing loan scheme in Kenya

KENYA – The European Union has unveiled a US$66.2 million (Kshs6.62 billion) financial package for onward lending to farmers and agro-processors servicing demand-driven contracts in Kenya. The financing program, dubbed the Kenya Agriculture Value Chain […]

Buhler launches single-screw extruder for pet and aquafeed industry

GERMANY – Buhler has launched its multifunctional single-screw extruder, PolyOne, for the pet food and aqua feed industry during the VICTAM International 2019 trade fair, reports World Grain. “PolyOne enables our customers to maximize their […]

Insect protein firm Ynsect receives US$22m European Commission backing

FRANCE – Ynsect, French agri-tech innovator specializing in insect protein has received US$22.6 million (€20 million) worth of funding backed by the European Commission and the Bio-Based Industries Joint Undertaking (BBI JU). The funding will […]

Liberia partners with FAO to launch an integrated sustainable rice project

LIBERIA – The Liberian government in collaboration with the United Nations Food and Agriculture Organization (FAO) have launched an Integrated Sustainable Rice System Development Project aimed to boost production. The project was launched at the […]

NIRSAL secures US$12.48m funding to finance Nigeria’s agriculture sector

NIGERIA – The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has secured a total of US$12.48 million (N4.5bn) from four deposit money banks to boost cereal production in the country. According to a […]

Nestlé partners with AGRA to support young agriculture entrepreneurs in West Africa

WEST AFRICA – Nestlé Central and West Africa (CWA) and the Alliance for a Green Revolution in Africa (AGRA) have launched a new joint initiative aimed at catalysing development of agri-food businesses in West Africa […]

Ocado unveils US$21.6m investment in vertical farming, forms joint venture

UK – Ocado Group has announced that it is investing about US$21.6 million (£17 million) in vertical farming as it aims to become a leader in sustainable vertical farming. The company which is one of […]