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 […]

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 […]

Olam International restructures its business to maximize long-term value

SINGAPORE – Global food and agri-business comapany, Olam International has re-organised its diverse business portfolio into two new operating groups; Olam Food Ingredients and Olam Global Agri. Olam’s operations will now focus on food ingredients […]

Rwandan government sells Burera Dairy Ltd to Zimbabwean investor Afrisol

RWANDA – African Solutions Private Ltd (Afrisol), a Zimbabwean firm which has been investing in Rwanda over the past two years, has bought off the 98.3% shareholding in Burera Diary Limited from the Rwanda Government. […]

Kenyan government issues grant to Kilifi county to bolster its agriculture sector

KENYA – Kenya’s National government through its implementing NGO of various agricultural activities in the country, dubbed National Agricultural and Rural Inclusive Growth Project (NARIGP), has granted 600 farmers in Kilifi County Kshs 41 million […]

‘Unlocking Nature. Enriching Life’: ADM unveils updated corporate identity

USA – The multinational food processing and commodities trading corporation, ADM has unveiled an updated corporate identity, reflecting the company’s recent evolution as part of the company’s continued growth as a global leader in nutrition. […]

Burkina Faso gets US$20m facility to support agricultural value chains

BURKINA FASO – The government of Burkina Faso has penned a US$20m development loan from the OPEC Fund for International Development to help finance the country’s Agricultural Value Chain Support Project (PAPFA). The total cost […]

Agribusiness trade modernization initiative advances with new project name, Covantis

USA – The founding members of the industry-wide initiative to modernize global trade operations; ADM, Bunge, Cargill, COFCO International, Louis Dreyfus Company and Glencore Agriculture have announced its new project name, Covantis. The initiative has […]

Mars partners with USAID to improve resilience in agricultural supply chains

USA – American confectionery giant, Mars Incorporated has formalized its partnership with the United States Agency for International Development (USAID), in joint efforts to improve economic opportunity and resilience in agricultural supply chains. The partnership […]