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GHANA – The Ghanaian Government has commissioned an avocado processing factory in Akuapem under government’s One-District-One-Factory industrialization initiative. The Akuapem Gold Agro Processing Limited has a capacity to process six to eight tons of avocado per hour, which also integrates 200 acres of land to support consistent fruit supply. Speaking during the inauguration ceremony, Albert…
EU – The European Commission has proposed to increase price transparency in what it says would help promote fairness in the food supply chain. The proposal seeks to introduce better ways to enhance transparency in the way prices are reported throughout the chain. The draft regulations will make available crucial information on how prices are…
ZIMBABWE - The government of Zimbabwe has launched the Zimbabwe Smallholder Horticulture Empowerment and Promotion project (ZIM-SHEP) which is expected to boost production in the sector. According to a Herald report, the project will be sponsored by Japan International Cooperation Agency (JICA) and will be implemented in eight provinces over the next five years. ZIM-SHEP…
UGANDA – The Uganda Development Corporation (UDC) in partnership with the Korean International Cooperation Agency (KOICA) have commissioned a US$12.88 million (Ushs 48 billion) fruit processing factory. The Soroti Fruit Factory, financed by UDC and KOICA, will be processing orange and mango juice and has future plans of expanding production lines to include a…
TANZANIA – The Tanzania Horticultural Association (Taha) has unveiled plans of expanding its market into China’s US$105 million as it seeks to tap the potential market for local growers amid increased production. Jacqueline Mkindi, chief executive, Tanzania Horticultural Association noted that there has been an increase in demand of the produce in Asia, specifically China,…
AFRICA - The African Development Bank (AfDB) through the Board of Directors of the Agriculture Fast Track Fund (AFT) has approved US$23 million grant to support agribusiness Small-and-Medium- sized Enterprises (SMEs) in eight African countries. The fund will be used to finance agribusiness in Ghana, Burkina Faso, Ethiopia, Malawi, Mozambique, Nigeria, Senegal and Tanzania with…
KENYA – Kenya is set to market its avocado produce in the Chinese market after the Ministry of Agriculture launched an initiative that seeks to expand the country’s market at a global scale. According to said Agriculture Cabinet Minister, Mwangi Kiunjuri avocado and Stevia, a crop used for the making of calorie free sweetener, are…
RWANDA – Netherlands has partnered Rwanda in the launch of a US$18.17million project that seeks to increase horticulture production and improve food security in the country. The project dubbed as ‘Investment in Horticultural Development in Rwanda’ (HortInvest) is funded by the Embassy of the Kingdom of the Netherlands in Rwanda and will run through a…
TANZANIA – Africado Limited, a Tanzanaian avocado producer, has secured US$2.8 million loan from Finnfund, a Finnish development finance company, to boost production. Africado Chief Executive Officer, James Parsons, said that the funding will enable the company to expand and develop its operations and diversify into other investments. “Finnfund’s funding of Africado has enabled Africado…
ETHIOPIA – Ethiopia is set to complete construction of its 4 pilot Integrated Agro-Processing Industrial Parks (IAIPs), an investment worth US$10 billion, by the end of June this year reports Ethiopia News Agency. The pilot agro-processing parks have been under construction since 2016 and features; a Baeker for sesame, sorghum and livestock; Bulbula for cereal…