YEAR 2 | 5 MARCH 2020
EDITION
7
South Africa agriculture equipment market to reach over $600 million by end of 2025, Ken Research
By the end of 2023, tillage equipment would continue to lead the market share capturing over 27 per cent annual growth and registering a growth of close to two percent during 2018-2023 according to Ken Research in its latest study “South Africa Agricultural Equipment Market Outlook to 2025 - By Product Type. Tractors market is likely to expand with a CAGR close...
BASF opens Africa’s first customer experience center in Kenya
German human nutrition company and food ingredients supplier, BASF has opened a Customer Experience Centre in Nairobi, Kenya to provide tailor-made support for formulation and application of food solutions. The center offers an open space architectural design that fosters closer collaboration and nurtures cross industry pollination, allowing BASF...
[Kenya] Rockefeller Foundation invests $6 million in mango value chain
Rockefeller Foundation has released a grant of $6 million to go towards value addition initiatives in mango farming in Kenya through its YieldWise Food Loss initiative. Betty Kibaara, the Director in charge of Food Initiative at the Rockefeller foundation says the funding aims at helping reduce post-harvest losses of mangoes that currently stands at 90%...
Guinea-Bissau, IFAD partner to build farmers’ resilience to climate change
The International Fund for Agricultural Development (IFAD) has announced support for a new project in Guinea-Bissau to reduce poverty, increase productivity and incomes, improve food and nutrition security and build the resilience of at least 287,000 small-scale farmers in the face of climate change. Guinea-Bissau is one of the world’s least developed...
[Nigeria] Government sets up SAPZs, targets food sufficiency, employment and revenue generation
The Federal Government of Nigeria has commenced the setting up of Special Agro-Industrial Processing Zones (SAPZs) as a major strategy in the economic diversification programme and repositioning for sustainable economic growth and development. This was revealed by the Minister of Agriculture and Rural Development, Alhaji Muhammad...
[Startup Interview] Priscilla Musenge, Director, Prote-IN, Zambia
Inspired by the school of thought that holds that insects are the future of food, Priscilla Musenge runs a Zambia-based startup Prote-IN producing low cost, high quality protein alternatives from insects to make fish, chicken, pig feed, fertilizer as well as for human consumption. Prote-IN is a newly registered Zambian company, whose mission is to produce low cost...
[Startup Interview] Mhlengi Ngcobo, CEO, CoffeMM, South Africa
CoffeeMM, a South African startup in the coffee business has been working with smallholder farmers in South Africa, Mozambique, Burundi and Zimbabwe to process their raw coffee for the retail market. Besides connecting them to international markets and boosting their earnings, the startup has also assisted in creating a viable value chain. Mhlengi...
[Column] Paul Makube: South Africa petrol and diesel price decrease bring relief to farmers
The latest drop in the South Africa fuel and diesel prices of 19c and 55c a litre, respectively, as a result of lower oil prices on the back off the coronavirus, will provide relief for farmers. The cumulative decrease in petrol and diesel so far this year will help limit the impact of the expected fuel levy increase of 25c per litre by April 2020. This will likely contribute...
WANTED: AFRICAN AGRIBUSINESS STARTUPS FOR INTERVIEWS
Africa Business Communities is conducting a series of interviews with startup businesses in Africa. Are you a startup in Africa and interested in an interview? Great! Send an e-mail to bas@africabusinesscommunities.com These are some of the Startup Interviews that we have published in the past few months...
NEWS HEADLINES

03-07-2020 | 12:21:00
[Nigeria] Agriculture Minister flags off wet season farming for APPEALS rice farmers
The Nigerian Minister for Agriculture and Rural Development Alh. Mohammad Sabo Nanono flagged off the distribution of wet season farming support for improved rice production technologies among rice farmers at Tofai community.


03-07-2020 | 11:12:00
Olam to speed up innovation to address global food security
Olam International, in partnership with Agropolis Fondation, is on the hunt for ground-breaking scientific research that can deliver transformational impacts within global agriculture and win of $75,000 grant to support development.


03-07-2020 | 06:23:29
Global food commodity prices rebound in June, FAO Index
FAO expects new record-high global cereal production and comfortable stock levels for 2020/21, while food assistance needs up.


03-07-2020 | 06:07:00
WFP supplements government support to poor families hit by COVID-19 in Kenya
The United Nations World Food Programme (WFP) has launched cash transfers and nutrition support for more than a quarter of a million people struggling to survive from the impact of COVID-19 on informal settlements in Nairobi.


02-07-2020 | 14:22:56
Water project boosts yields in Mozambique as farmers grapple with climate extremes
With funding from the African Development Bank the project provided irrigation kits, constructed boreholes, small dams and water troughs that boost farmers’ yields.


02-07-2020 | 07:34:09
[Column] Maria Helena Semedo: We must act now to avert an imminent food crisis in Africa
The Covid-19 pandemic has reached Africa at a time when the continent is already grappling with multiple crises.


01-07-2020 | 09:38:00
Two wheel tractors assist Zimbabwe and Ethiopia farmers grow yields and income
Smallholder farmers in Zimbabwe and Ethiopia have embraced small-scale mechanization thanks to an innovative CIMMYT-led project, which is now drawing to a close.


01-07-2020 | 06:46:29
African Green Resources and African Fertilizer Agribusiness partner to boost crop yields in Zambia
An initiative, which involves a $40 million fertilizer-revolving facility and another $170 million for value addition is to be implemented in the Eastern, Northern, Western, Central, Lusaka and Copperbelt provinces.


30-06-2020 | 14:27:00
AfreximBank receives $200 million financing from ITFC to boost agriculture sector in Sub Saharan Africa
The International Islamic Trade Finance Corporation, has signed a $200 million syndicated Murabaha financing agreement with Afreximbank to support the agriculture sector in Sub Saharan Africa.


30-06-2020 | 07:20:00
World Bank approves $40 million emergency financing to support Somalia’s Desert Locust response
The World Bank approved a $40 million International Development Assistance (IDA) grant for Somalia as part of the Emergency Locust Response Program, which seeks to respond to the threat posed by the locust outbreak.


30-06-2020 | 06:46:00
IFC provides €10 million to Tunisian date exporter VACPA
The International Finance Corporation (IFC) is providing €10 million in funding to the Tunisian date processing company VACPA.


26-06-2020 | 14:12:00
Japan provides support to drought affected people in Namibia
The United Nations World Food Programme (WFP) received Japanese Government contribution of $ 700,000 that will enable WFP to provide food assistance to some 30,000 vulnerable people in Namibia.


26-06-2020 | 12:59:00
[Nigeria] IITA, Mastercard Foundation partnership to equip youth in agrifood value chain with skills
The International Institute of Tropical Agriculture (IITA), through its Youth in Agribusiness office, is partnering with the Mastercard Foundation in Nigeria to implement the Young Africa Works strategy.


26-06-2020 | 07:44:00
UNICEF, WFP partner to help fight malnutrition in Ethiopia
The United Nations Children’s Fund (UNICEF) and World Food Programme (WFP) have launched a three-year partnership in Ethiopia to support the Government in preventing acute malnutrition in children and mothers.


26-06-2020 | 07:25:00
African Development Bank grants $1.1 million to improve meat production in Rwanda
The African Development Bank approved a donation of 1.1 million US dollars to the Rwandan government for the implementation of the Project of commercial competitiveness of the value chain of the meat.


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