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 […]

Kenyan poultry firm Suguna to clinch US$4m financing from IFC

KENYA – Suguna Poultry Kenya, subsidiary of India’s multinational Suguna Foods is seeking US$8.4m to invest in the construction of feed mills, breeders and hatcheries with an already proposed partial financing from The International Finance […]

AGCO partners with Equity Bank to bolster agriculture mechanization in Kenya

KENYA – AGCO, US-based agricultural equipment manufacturer has inked a deal with Equity Bank to enable farmer in Kenya acquire the firm’s Massey Ferguson tractors and accompanying implements via a 80 percent credit line payable […]

Agritech start-up secures a loan facility for expansion of precision agriculture solutions

KENYA – Lantera a Kenyan agri-tech startup has obtained a loan facility of an undisclosed amount from Kenya Climate Innovation Center (KCIC) to enable it to meet its early targets as it prepares to raise […]