Trade and Development Bank to fund agribusiness SME’s in East Africa with US$1m financing facility
EAST AFRICA – The Eastern and Southern African Trade and Development Bank (TDB) has announced…
east africa
European Union injects additional US$16.9m supporting FAO fight the desert locust upsurge
EAST AFRICA – The Food and Agriculture Organization (FAO) has received an additional €15 million…
SNV implements US$2.1m project targeting East Africa’s agribusiness companies
EAST AFRICA – SNV Netherlands Development Organisation, a non-profit international development organisation is implementing a…
Shoprite Holdings evaluating operations in East Africa
EAST AFRICA – Shoprite Holdings Ltd, Africa’s largest consumer goods retailer, is evaluating its operations…
Unilever East Africa contributes towards fight against the COVID-19 pandemic
EAST AFRICA – Unilever East Africa has spelt out a wide-ranging set of measures in…
East African Breweries to raise stake in Serengeti Breweries by 30%
EAST AFRICA – East African Breweries Limited (EABL) seeks to acquire an additional 30 percent…
EAC seeks funding from US for establishment of aflatoxin legal frame work
EAST AFRICA – The East African Community (EAC) is seeking Sh20 million (US$194,000) financing from…
FAO receives additional US$12.1m from the European Union to fight desert locust outbreak
EAST AFRICA – FAO Director-General QU Dongyu today welcomed an € 11 million (US$12.1m) contribution…
FAO receives US$10m towards fight against the East Africa desert locust infestation
EAST AFRICA – FAO has received a US$10 million donation from the Bill & Melinda…
EU promotes sustainable fisheries for blue economy in the Lake Victoria region
EAST AFRICA – The European Union has injected £2m (US$2.2m) into the European Union Development…
Fanisi Capital merges with Ascent Capital to raise funds for expansion in East Africa
EAST AFRICA – Fanisi Capital, a fund which makes direct investments and Ascent Capital, a…
FMO invests US$7.5m in ARAF to support climate smart agriculture
AFRICA – Dutch development bank FMO has invested US$7.5m in the Acumen Resilient Agriculture Fund…
Competition Authority of Kenya approves VIVO, KFC East Africa joint venture
KENYA – The Competition Authority of Kenya (CAK) has approved the 50:50 joint venture deal…
Coca-Cola plans US$1bn investment in Southern and East African regions
AFRICA – The Coca-Cola Company plans to invest US$1 billion in its Southern and East…
South Africa’s Zeder Investments acquires stake in East African Seeds Company
SOUTH AFRICA – Zeder Investments, a South African agribusiness group, has secured an agreement to…
AfricaRice teams up with Africa Harvest to boost rice production in East Africa
EAST AFRICA – Africa Rice Centre has partnered with Africa Harvest Biotech Foundation International in…
East African Breweries reports 57% jump in full-year profits to US$115m
KENYA – The East African Breweries Limited (EABL) posted a 57.34 per cent growth in…
Tetra Pak appoints Jonathan Kinisu as Managing Director East Africa
KENYA – Tetra Pak, the world’s leading food processing and packaging solutions company, has appointed…
Denmark based biotech company Novozymes opens regional office in Kenya
KENYA – Novozymes, a Denmark based global biotechnology company, has opened a regional office in…
KFC franchisee in joint venture with Vivo Energy to accelerate growth in East Africa
EAST AFRICA – Kuku Foods East Africa Holdings, the owner of KFC franchises in East…
Tanzania launches 12-year plan to boost rice supply in East Africa
TANZANIA – The government of Tanzania in partnership with the World Bank, Japan International Co-operation…
East African Legislative Assembly calls for regional food security and nutrition body
EAST AFRICA – The East African Legislative Assembly (EALA) has tabled a motion seeking for…
EA manufacturers call for uniform tariffs on imports to shield local industries
EAST AFRICA – Manufacturers in the East African region are pushing for the full implementation…
EA Grain Council seeks Tanzania agricultural stakeholder’s partnership
TANZANIA – The East African Grain Council (EAGC) has called for partnership with the ministry…