Uganda Industrial Research Institute opens new fruit processing facility

UGANDA – The Uganda Industrial Research Institute (UIRI) a parastatal company wholly owned by the government of Uganda has commissioned the Nyakihanga Fruit Processing Facility worth UGX 1.4bn (US$380,000), aimed to add value through production […]

Uganda’s Grainpulse receives US$11m to provide multiple agribusiness services to farmers

UGANDA – IFC, a member of the World Bank Group, and the Private Sector Window of the Global Agriculture and Food Security Program (GAFSP), today announced an US$11 million loan to Ugandan agribusiness company Grainpulse […]

American investment fund The Rise Fund invests in Uganda’s Pearl Dairy

UGANDA – The Rise Fund, a global impact investment fund managed by American private equity firm, TPG Capital has acquired a 34% stake in Uganda’s leading dairy company, Pearl Dairy. Pearl, which markets its products […]

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 a project that seeks to boost rice production in East Africa. With the support of International Fund for Agricultural Development […]

Ugandan government to invest US$6.24m in Mabale tea factory

UGANDA – The government is set to invest US$6.24 million (UGX23 billon) in Mabale tea factory to revive operations of the company. According to Finance Minister, Matia Kasaija the government will invest the proceeds in […]

Diageo to invest US$220M in sustainability projects in African breweries

AFRICA – Diageo, the world’s leading spirits maker has pledged to invest US$220million in green energy and water recovery solutions at 11 of its African breweries. The investment, which represents the company’s largest environmental investment […]