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 […]

Agricultural commodities to significantly boost Nigeria’s US$30bn non-oil export market

NIGERIA – Agricultural exports have been listed among the major revenue generating commodities that have the potential of boosting Nigeria’s revenues from export of non-oil commodities to US$30bn annually. This is according to a recent […]

Guinea-Bissau, IFAD launch US$65.7m project to promote climate resilient agriculture

Guinea-Bissau – The International Fund for Agricultural Development (IFAD) has partnered with the government of Guinea-Bissau to support the Agricultural Diversification, Integrated Markets, Nutrition and Climate Resilience Project (REDE) with an investment of US$65.7 million. […]

Ethiopia to introduce contract farming to meet commodity demand

ETHIOPIA – The Ministry of Agriculture of Ethiopia has drafted a proclamation to introduce contract farming. For the first time, farmers will be able to arrange contracts with buyers, determining prices and what they will […]

Canadian agrifood company La Coop fédérée becomes Sollio Cooperative Group

CANADA – La Coop Fédérée, a Canadian agri-food business has rebranded as Sollio Cooperative Group to better enable the company explore opportunities across the agriculture and agri-food value chain. Sollio Cooperative Group has adopted a […]

USDA launches Agriculture Innovation Agenda to stimulate innovation

USA – The United States Department of Agriculture (USDA) has launched the Agriculture Innovation Agenda, a department-wide initiative to align resources, programs, and research to position American agriculture to better meet future global demands. USDA said […]

African Development Bank commits US$14m to support innovative farming in Sierra Leone

SIERRA LEONE – The African Development Bank has committed US$14 million to help Sierra Leone implement innovation in agriculture. According to Sierra Leone Telegraph, the money from AfDB will also be used to tackle corruption […]

African Union launches the second Biennial Review Report detailing Africa’s agricultural status

AFRICA – The African Union has launched the second Biennial Review Report on the implementation of the June 2014 Malabo Declaration on Accelerated Agricultural Growth and Transformation for Shared Prosperity and Improved Livelihoods. H.E Abiy […]

Reprive to food and agriculture sectors as US and China sign phase one of trade agreement

USA – The United States and Republic of China have reached a consensus on the first phase of the trade agreement in a deal that is expected to significantly benefit the American Agricultural sector. The […]