SAUDI ARABIA – Saudi Arabia-based agritech startup Nabt has secured SAR 5.63 million (USD 1.5 million) in a seed funding round led by Merak Capital, a technology-focused investment firm, alongside support from angel investors. This capital injection will accelerate...
TUNISIA - The United States has committed US$24.85 million in funding to support date production in Tunisia over the next five years. The announcement, made by the U.S. Embassy in Tunis on November 4, is part of a broader effort under the U.S. Department of...
SOUTH AFRICA - Sunriver Citrus, a prominent citrus producer and exporter in South Africa's Sundays River Valley, is setting new standards in fruit sorting efficiency with the implementation of TOMRA 5S Advanced sorters. Established in 1937, the company specializes in...
NIGERIA - Dangote Group has launched Africa’s largest tomato processing factory in northern Nigeria, a USD 20 million project that promises to reduce Nigeria's reliance on imported tomatoes, create jobs, and support local agriculture. After five years of development,...
SENEGAL - DP World has made a significant investment of over USD 300 million to modernize its operations in Senegal, increasing the terminal's handling capacity from 265,000 TEUs in 2008 to 800,000 TEUs in 2023. This expansion is part of the company’s ongoing...
GHANA – Ghana-based agritech firm Oyster Agribusiness has raised USD 2 million in funding to enhance its operations and extend support to smallholder farmers throughout the country. This funding round was facilitated by Root Capital, RDF Ghana, and the Sahel Capital...
MOROCCO - As Morocco's agricultural industry faces mounting pressure from prolonged drought conditions, the government has announced a USD 1.2 billion support package for farmers for the 2024/2025 growing season. This financial aid, provided by the Crédit Agricole du...
ETHIOPIA - Ethiopia has launched new irrigation projects led by Irrigation and Lowland Minister Abraham Belay (PhD), to expand commercial agriculture and support agro-industrial parks while creating employment for youth in the Amhara, Oromia, and Sidama regions....
NAMIBIA - The Otjimbele Grape Project in Namibia’s Omusati region has launched a NAD 120 million (USD 6.8 million) investment to diversify agricultural production and reduce the country’s reliance on imported produce. This initiative is set to transform the former...