Gambia, Senegal, Guinea-Bissau to benefit from USDA funded Cashew Value Chain

WEST AFRICA – The United States Department of Agriculture’s (USDA) Food For Progress (FFPr) Regional Cashew Value Chain Project is implementing a US$38 million, six-year project in the Gambia, Senegal, and Guinea-Bissau. USDA says that the project will enhance the regional cashew value chain to improve the trade of processed cashews in local and international markets. Facilitating the processing of cashew nuts within the region will create new jobs and increase incomes. During the launch, the United States was represented by both the U.S. Ambassador to The Gambia, Richard Carlton…

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Nestlé launches research & development innovation challenge in Africa

AFRICA – Nestlé has launched a Research and Development (R&D) innovation challenge in Sub-Saharan Africa as part of the company’s efforts to contribute to the local innovation ecosystem. The challenge will help boost local entrepreneurship, as well as provide a platform for start-ups and universities to contribute to local sustainable growth by bringing breakthrough ideas to the market. The R&D innovation challenge, which was officially launched in Ghana, will be implemented across several countries in the continent including Côte d’Ivoire, Kenya, Nigeria, Senegal and South Africa. According to the firm,…

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Livelihoods Funds strengthen investments in Africa to promote sustainability

AFRICA – Livelihood Funds, an impact investment fund created by private investors, has announced that it will be investing in new projects to support sustainability across the continent. The group said that new projects seek to combat climate change, poverty and environmental degradation by leveraging the carbon economy and the agricultural supply chains of its 12 corporate investors. Currently, 12 companies have invested in Livelihoods Funds which include;, Danone, Firmenich, Hermès, Crédit Agricole SA, Groupe Caisse des Dépôts, La Poste, Mars Inc., Michelin, SAP, Schneider Electric, Veolia and Voyageurs du…

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