Kenyan government issues grant to Kilifi county to bolster its agriculture sector

KENYA – Kenya’s National government through its implementing NGO of various agricultural activities in the country, dubbed National Agricultural and Rural Inclusive Growth Project (NARIGP), has granted 600 farmers in Kilifi County Kshs 41 million […]

UK-based AgDevCo invests in Zambia’s leading eggs supplier Goldenlay

ZAMBIA – AgDevCo, the UK-based social impact investor has expanded its agri investment portfolio in Zambia with a multi-million USD debt investment in Goldenlay, the market leader in table eggs in the country. Established in […]

Stakeholders call for reforms of Kenya’s poultry industry to curb influx of poultry products in the market

KENYA – Kenyan poultry products producers have called for reforms in the poultry sector with an aim of maintaining balance between local poultry producers and importers aimed at protecting the industry. Lobbies representing poultry farmers […]

Zimbabwe’s poultry sector benefit from surging egg production amid declining meat output

ZIMBABWE – According to Zimbabwe Poultry Association (ZPA), egg production in Zimbabwe increased by 35% to 12.6 million dozen of eggs in the third quarter of the year i.e July to September contributed majorly by […]

Nigeria to partner local varsities in US$100.37m programme to revive poultry sector

NIGERIA – The Central Bank of Nigeria (CBN) has unveiled a US$100.37 million (N36 billion) university-based programme that seeks to revive the country’s poultry sector. The programme will provide infrastructure that will support sustainable production […]

Tanzania, Netherlands sign five-year deal to boost aquaculture and poultry subsectors

TANZANIA – Tanzania has signed a Memorandum of Understanding (MoU) with Netherlands to improve performance of Tanzania’s poultry and aquaculture subsectors. The deal will be implemented over the next five years through a public-private partnership […]

Quantum Foods half year profits plunge 51% despite growth in revenues

SOUTH AFRICA – Quantum Foods, South African animal feeds and poultry producer, has reported 51% decline in operating profit to R121m during the six months to end March 2019 attributed to economic pressure on both […]

Zimbabwe’s poultry sector recorded 19% decline in output in first quarter

ZIMBABWE – The poultry industry in Zimbabwe recorded a 19% decline in output during the first quarter of the year attributed to a decline in demand and supply in the sector. Zimbabwe Poultry Association (ZPA) […]

Astral Foods reports 52% decline in earnings as poultry division declines stumbles

SOUTH AFRICA – Astral Foods, a South African poultry producer, has reported a 52% decline headline earnings for the six months to end-March 30 2019 attributed to a significant decline performance of the poultry division. […]

Louis Dreyfus to invest in Malaysian poultry and food firm Leong Hup

ASIA – Leading agribusiness merchant, Louis Dreyfus Company (LDC) has announced that it will invest in Malaysian poultry and livestock feed company, Leong Hup International (LHI) ahead of planned initial public offering. LDC said the […]