YEAR 2 | 13 January 2020
EDITION
5
[Angola] Agostinho Neto Cooperative receives tractors from government to boost agricultural production
The Agostinho Neto Cooperative, located in the municipality of Quilenda, province of Kwanza Sul, has received three tractors and their implements from the Government to increase the extension of cultivation areas and agricultural production. The delivery of tractors to 267 associates of this former military cooperative aims to boost...
GCB Bank invests $66 million in Ghana’s agricultural sector
GCB Bank has invested $66m in Ghana’s agricultural sector. Of the total amount, $65m will be channeled into the cocoa industry in what the local media have revealed to be overdrafts, term loans and seed fund guarantees for the funding of cocoa purchases to licensed buying companies. The remaining funds were utilized in funding the purchase...
Global agricultural machinery market to reach $391 million by 2027, research
The global agricultural machinery market reached USD 202.2 billion in 2018 and is expected to reach $391.15 billion by 2027, by registering an annual growth of 7.82 per cent, across the globe. According to a report by Research and Markets, the global market further generated a volume of 38,767.73 thousand units in 2018 and is expected to reach...
[Column] Dr. Nicolas Lohr: Why mechanization makes business sense to African farmers
As global population burgeons to unprecedented levels resulting in growing demand for food, farmers continue to grapple with increasing productivity even as arable land dwindles. With changing weather patterns that have altered farming and harvesting seasons, the situation is becoming even more complicated. Yet, the issue, it is argued, is really...

AFRICA BUSINESS COMMUNITIES NETWORKING EVENT | NAIROBI | 13 FEBRUARY 2020
Africa Business Communities is open for networking! Every last Thursday of the month you are welcome to meet our team and network. This edition Africa Business Communities founder Bas Vlugt will join us. Please note: this is an open, informal, non-sponsored networking event. There will be no program - so no waste of time - this is pure business networking...
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