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...
NEWS HEADLINES

18-09-2020 | 13:05:00
Bunge unveils shea butter processing plant in Ghana, the largest in Africa
Bunge Loders Croklaan (BLC), the specialty oils and fats business of Bunge Limited, has announced the opening of its state-of-the-art shea butter processing facility in Tema, Ghana.


18-09-2020 | 06:04:41
[South Africa] Naspers Foundry invests in FSN to boost food ordering system
Naspers Foundry, Naspers’s R1.4 billion early-stage tech investment vehicle aimed at boosting the South African tech sector, has closed its third deal, an investment in Food Supply Network (FSN).


17-09-2020 | 06:25:56
Rwanda government, scientists introduce disease-resistant cassava varieties to farmers
The Government of Rwanda has been working with partners to find clean, safe, and productive cassava seeds.


16-09-2020 | 07:12:57
World Bank provides additional agricultural support for smallholder farmers in Ethiopia
The World Bank approved a $80 million grant from the International Development Association (IDA) to support the government of Ethiopia boost agricultural productivity and enhance market access for smallholder farmers.


15-09-2020 | 09:21:00
The U.S., Chipsy for Food Industries renew partnership to improve farmer livelihoods in Egypt
The U.S. government, through the USAID and Chipsy for Food Industries, a PepsiCo Egypt company, renewed a partnership that boosts the productivity of farmers and builds a more transparent and sustainable potato supply chain.


15-09-2020 | 07:22:38
Isuzu invests in South African farmers
Supporting communities who are affected by natural disasters is a key pillar guiding Isuzu Motors South Africa's (IMSA) corporate social responsibility initiatives.


11-09-2020 | 13:10:00
Zambia sets global benchmark for community forest conservation
Twelve communities in the Luangwa Valley are benefitting from direct cash payments of K50 million ($2.3 million) thanks to a partnership with forest conservation business BCP.


11-09-2020 | 06:16:46
GreenTec invests in Cameroon digital farm startup Freshbag
GreenTec has announced its investment in Freshbag, an innovative digital Cameroon platform that connects farmers and vendors to ensure a fair and reliable food supply network.


10-09-2020 | 07:45:00
Continental Reinsurance leverages Agritask's risk management platform to enhance agricultural reinsurance across Africa
Continental Reinsurance, the largest private pan-African reinsurer, has selected the Agritask risk management platform to enhance its agricultural reinsurance operations.


10-09-2020 | 06:35:00
Africa’s 60 million farms offer opportunities for urban food markets, report
The 2020 Africa Agriculture Status Report (AASR) has been launched at the African Green Revolution Forum (AGRF) virtual summit in Kigali, Rwanda.


09-09-2020 | 08:05:00
Success of Olam food distribution mobile app in Ghana inspires West African rollout
Olam Markets, Ghana's first and only B2B mobile app in the food sector, has made such a positive impact with grocery distributors that its owner, global food and agri-business Olam International, is now planning to take the app into West Africa.


07-09-2020 | 10:30:00
FMO invests $10m into eco.business Fund to boost biodiversity conservation in sub-Saharan Africa
The eco.business Fund has received a commitment of $10 million from Dutch development financier, FMO for its recently launched sub-Saharan Africa sub-fund.


07-09-2020 | 10:16:00
Lato Milk expands its footprint to Ethiopia, South Sudan and Malawi
Pearl Dairy Farms is now exporting its range of milk powder products to Ethiopia, Malawi and South Sudan underpinned by the ratification of the Africa Continental Free Trade Area (AfCFTA) agreement.


04-09-2020 | 11:29:00
Government pumps over N600b for food security and sustainability in Nigeria
Nigerian Minister for Agriculture and Rural Development said the Federal Government will inject over N600 billion as stimulus-response into the agriculture sector, targetting small scale farmers, to ensure food security and sustainability.


04-09-2020 | 09:44:00
Global food prices rise in August, FAO Index
Global food prices rose for the third consecutive month in August, influenced by generally firmer demand and a weaker U.S. dollar, according to a report released by FAO.


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