AFRICA - African Development Bank Group (AfDBG) has presented its planned USD 1 billion facility to provide insurance coverage to more than 40 million farmers across the continent against severe impacts of climate change. The facility was widely lauded by the World...
MOZAMBIQUE – AgDevCo has expanded its portfolio in Mozambique with a USD 10 million investment into Dowson Limitada (“Dowson”), a Sussundenga-based primary producer of macadamias and avocados. Established in 2012 by farmers who recognized the ideal growing conditions...
ZIMBABWE – Blueberry producers in Zimbabwe are working towards expanding their produce export markets to China as demand continues to surge. Currently, these locally produced berries are exported to clients in the European Union and the UK. According to their local...
KENYA - Twiga Foods has successfully obtained an undisclosed amount of funds from its investors, including Creadev and Juven to support its growth plans. Hein Pretorius, Twiga’s Chairman said the move is aimed at repositioning and fine-tuning operating processes as...
KENYA – The European Investment Bank (EIB) has joined forces with other financial institutions to bolster the launch of Africa's pioneering cold storage facility in Kenya by supporting ARCH Cold Chain Solutions with a substantial USD 15 million. This pioneering...
EGYPT - Elsayed Elkosayer, the Minister of Agriculture and Land Reclamation, convened with Saudi investors, spearheaded by Anwar bin Hasusah, the Saudi commercial attaché in Cairo on strategies to increase agricultural investment in Egypt. The meeting focused on ways...
ARGENTINA - The Argentine Rural Society (SRA), Confederations Rurales Argentinas (CRA) and CONINAGRO, Argentina's major rural associations, aspire for significant policy shifts in agriculture following Javier Milei's conservative victory on Nov. 19th. Amidst...
ZIMBABWE – The Horticultural Development Council (HDC) has called on the government to ease access to the USD30 million Horticulture Export Revolving Fund (HERF). The HERF, launched in September 2022, aims at enabling local farmers to boost production and tackling...
TOGO - Togo and the World Bank have joined forces in a groundbreaking collaboration to revolutionize and modernize the nation’s agricultural sector. Filly Sissoko, the Bank’s resident representative, unveiled this transformative endeavor on November 13 in the Avé...