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...
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