Musika patners with Kemiko to boost Zambia’s cassava processing sector

ZAMBIA – Musika, a non-profit company with focus on stimulating private investment in the Zambian agricultural sector has signed a Memorandum of Understanding (MoU) with Kemiko ltd, a SME that operates a starch and cassava flour […]

DAL Group secures US$75m to improve food security in Sudan

SUDAN – The African Development Bank (AfDB) has signed an agreement with DAL Group, Sudan’s largest foods and agriculture business company, for the provision of up to US$75 million to improve the agribusiness sector, as […]

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 […]

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 […]

Ecobank partners with financial institutions to increase loans to farmers

NIGERIA – Ecobank Nigeria Limited has said that it is partnering with financial institutions in Nigeria to double the amount of credit it provides to the agricultural sector over the next two/three years. The financial […]

Danone and Microsoft partner to accelerate adoption of AI in the food industry

FRANCE – Danone and Microsoft have partnered in an artificial intelligence (AI) program dubbed ‘AI Factory For AgriFood’ that seeks to support sustainable food and regenerative agriculture in France. The AI Factory For AgriFood is […]

Malawi launches US$95m Agriculture Commercialization Project

MALAWI – The President of Malawi has officially launched the Agriculture Commercialization Project (AGCOM) worth US$95 million with financing from the World Bank. The project which is set to run for six years nation-wide, will […]

The Kenyan Cabinet approves US$29.5m Cherry Advance Revolving Fund regulations to boost coffee production

KENYA – The Kenyan government has approved Kshs. 3 Billion (US$29.5m) Cherry Advance Revolving Fund regulations to boost coffee farming in the country. The government has established the Rules and Regulations titled “The Public Finance […]

Malawi Agricultural and Industrial Investment Corporation launched

MALAWI – The newly established Malawi Agricultural and Industrial Investment Corporation (MAIIC) is now in full force to drive private sector led economic development in the country. MAIIC chief executive officer, Taziona Chaponda said during […]