KENYA – The Kenyan horticulture industry faces mounting challenges as it struggles to maintain its share in international markets. Rising production costs, logistical hurdles, and stiff competition from neighboring countries have raised alarms among...
NIGERIA – The Nigerian government is allocating US$85.6 million to the National Agricultural Development Fund (NADF) in its 2025 budget, a 30% increase from the US$66 million provided in 2024. According to project details, approximately US$82.3 million, or 96% of the...
USA – Floral industry leaders are making a concerted effort to convince Congress to renew a trade program that could save the industry about USD 20 million annually. The Generalized System of Preferences (GSP) allows for duty-free access to imported flowers, a...
KENYA – Sahel Capital, a leading investor in Africa’s food and agriculture sectors, has approved a USD 1 million loan to Apple Orchards, a Kenyan enterprise specializing in apple seedling cultivation and fruit production. The funding, provided through the Social...
EGYPT/MOROCCO – The untapped potential of Egypt and Morocco’s fruit and vegetable exports to Eastern Europe presents new opportunities for both nations, according to a recent study by the Food and Agriculture Organization (FAO) and the European Bank for...
KENYA – Kakuzi PLC, a Kenya based agricultural company, has announced a substantial investment plan amounting to Sh100 million (USD 776,699.02) for 2025, aimed at diversifying its agricultural portfolio and enhancing sustainability. This commitment comes as part...
USA – Monterey Mushrooms, a major producer based in Watsonville, California, has announced the closure of its Royal Oaks facility in Prunedale, leading to 605 job losses. The closure is attributed to increasing costs and regulatory pressures that have made it...
EAST AFRICA – Recent reports indicate that rose production in key equatorial regions has sharply declined, particularly affecting East African and Latin-American producers. This limited availability has triggered a rise in market prices, highlighting the basic...
MOROCCO – Société de Production Maraîchère Samir (SPMS), a prominent agricultural company based in Agadir, Morocco, has secured USD 15.6 million in financing from Vantage Capital, a South African fund manager. The agreement, announced on September 23, marks a...