World Bank provides US$230m for commercialization of agriculture in Angola
ANGOLA – The World Bank and the French Development Agency have made available US$230 million…
Agriculture & Food Security
Incofin IM, KfW, BMZ launch US$46.6m Agri-Finance Liquidity Facility targeting African farmers
AFRICA – Covid-19 disrupted global food systems, testing the resilience of farmers who already receive…
Kenyan county Makueni commences tomato pulping at fruit processing plant
KENYA – Makueni County in Eastern Kenya has commenced pulping of tomatoes at its fruit…
FAO, OIE kickstart initiative to combat spread of African swine fever
AFRICA – The Food and Agriculture Organization of the United Nations (FAO) and the World…
Agtech start-up based in Cameroon seeks US$207K to expand operations
CAMEROON – Promagric, an agtech solution provider based in Cameroon has initiated a fundraising campaign…
GrainsConnect Canada, UFA launch new canola program to help farmers maximise returns
CANADA— GrainsConnect Canada (GCC) has partnered with the United Farmers of Alberta Co-operative (UFA) to…
Cameroon records 19k tons decline in banana exports in first nine months
CAMEROON – Cameroon, one of the largest banana exporters in Africa, has reported a 19,…
AfDB launches AgriPitch competition with US$120,000 cash prize
AFRICA – The African Development Bank is calling for agribusiness plans entry submission for its…
Tea export volumes in Kenya decline by 4% in first eight months despite rise in production
KENYA – Tea production in Kenya for the first eight months of the year (January…
AfDB partners with fertilizer giant OCP Africa to undertake US$4m agribusiness project in West Africa
WEST AFRICA – The African Development Bank (AfDB) through the Africa Fertilizer Financing Mechanism (AFFM)…
AngloGold Ashanti launches agribusiness programme to support host communities in Ghana
GHANA – Gold mining giant AngloGold Ashanti Ghana has launched a new Agri business programme…
African Development Bank supports Guinea’s honey value chain with US$642K grant
GUINEA – The African Development Bank has partnered with the Republic of Guinea to improve…
President of Uganda commissions agro-processing equipment under US$150m development program
UGANDA – The President of Uganda, Yoweri Museveni has handed over agro-processing equipment and machineries…
Uganda to establish specialized agricultural bank to boost sector’s financing
UGANDA – The government of Uganda is considering to set up an agricultural bank to…
Struggling state-owned agricultural lender Land Bank seeks additional US$604.3m
SOUTH AFRICA – Land and Development Bank of South Africa (Land Bank), government owned development…
Tanzania launches five-year plan to boost agriculture insurance
TANZANIA – The government of Tanzania through the Tanzania Insurance Regulatory Authority (Tira) has introduced…
Namibian private equity firm EOS Capital seeks to raise US$33.5m for agriculture investment
NAMIBIA – EOS Capital, a Namibian private equity fund manager has launched its third fund,…
Liberia secures US$9.6m from CCAF to support climate resilient agriculture
LIBERIA – The Government of Liberia has secured US$9.6 million (about L$2 billion) from the…
African Risk Capacity Ltd, insuretech Pula sign partnership to deliver agriculture index insurance
KENYA – The African Risk Capacity Limited (ARC Ltd) has announced a partnership agreement with…
IFC, OCP Africa partner to strengthen rice sectors in Côte d’Ivoire, millet in Senegal
WEST AFRICA – OCP Africa has forged a partnership with the International Finance Corporation (IFC)…
Zimbabwe farm implement manufacturer diversifies operations with acquisition of 3 businesses, property
ZIMBABWE – Zimbabwean maker of farm implements, Zimplow Limited is seeking to acquire the entire…
Microsoft partners with AGRA to digitize agriculture in sub-Saharan Africa
AFRICA – US software giant Microsoft has entered a Memorandum of Understanding with the Alliance…
USAID injects US$6m grant to establish animal health innovation lab in Kenya
KENYA – Kenya to host a regional Feed the Future Animal Health Innovation Lab funded…
Global agri-food trade doubles in last two decades reaching US$1.5 trillion in 2018
GLOBAL – Major global disruptions such as the recent COVID-19 pandemic outbreak, locust invasion and…