Liberia: African Development Bank Group approves $5.12 million financing for Emergency Food Production Program
The funding includes a grant of $2.28 million and a loan of $2.84 million from the Bank Group’s Transition Support Facility
The Board of directors...
South Korea to provide aid to farmers in Central Mozambique
The government of South Korea is set to aid smallholder farmers in the central Mozambican province of Sofala.
Through its Korean International Cooperation Agency (KOICA),...
AfDB, Government of Canada announce funding facility to grow agriculture small and medium enterprises
The African Development Bank Group and the Government of Canada have established a new special fund to support Africa’s small and medium-sized enterprises (SMEs)...
Uganda in a $24.8 million cocoa factory plan to improve smallholder farmers’ income
For many years smallholder cocoa farmers in Uganda have been selling their produce through middlemen who pay small amounts for a kilo of wet...
AgDevCo Announces USD 3.0m Follow-On Investment Into East Africa Poultry Company, Uzima Chicken Ltd
AgDevCo is pleased to announce a USD 3.0 million follow-on mezzanine debt investment into Uzima Chicken Limited, a poultry company operating in Rwanda and Uganda.
Gambia, Japan ink food aid agreement
The government of Gambia and Japan have sealed a food aid agreement. The government of Japan allocated about 125 million Gambian Dalasis dedicated to...
VodaPay launches new Deposit and Send Money services on the super app
Two new Deposit and Send Money services have been added to the VodaPay super app. The innovation is the latest step in Vodacom Financial...
Agribusinesses to shift from importing to self sufficiency
In November 2019, the African Agri Council (AAC) held the fourth edition of the African Agri Investment Indaba (AAII), hosted by the South African...
Victory Farms Poised for Further Growth after successful Series B Drive
East Africa’s fastest-growing aquaculture platform, Victory Farms, has successfully completed its Series B capital-raising drive to fund the expansion of its operations in Kenya,...
FMDQ Exchange approves N30bn commercial paper programme to boost agriculture
FMDQ Securities Exchange Limited, in furtherance of its commitment to the transformative development of the Nigerian debt markets, has approved the registration of the...