North Africa Economic Outlook 2020: An unparalleled crisis and a conditional recovery
In 2020, the region will face an economic contraction forecast between 0.8 and 2.3%; Socioeconomic stability, social inclusion and human capital development...
Cold Solutions Kenya to invest US $70m in state-of-the-art storage warehouses in the country
Cold Solutions Kenya Limited has announced that it will invest US $70m in constructing state-of-the-art, temperature-controlled cold storage warehouses in the country....
Tanzania: African Development Bank project tripled incomes of rural producers and traders
An African Development Bank project to enhance market infrastructure, value addition and rural finance (MIVARF) (https://bit.ly/38xRvFo) in Tanzania produced highly satisfactory results,...
Adoption of precision agriculture to match fertilizer inputs in livestock farming
Livestock farmers are increasingly adopting precision
agriculture techniques to match fertilizer inputs more closely to grassland
requirements. The techniques, underpinned by a combined package...
Development banks fund livestock farms to the tune of US $2.6Bn
Livestock farms around the world are set
to receive US $2.6Bn in funding from the International Finance Corporation
(IFC) and the European Bank for...
IFAD invests €77.7 million in Niger for food and nutrition security and climate change...
The
International Fund for Agricultural Development of the United Nations (IFAD)
today announced a new project that will boost support for about 210,000 poor
rural...
Resilience in the time of COVID
Many companies are struggling to cope with the pandemic
that has caused deaths of well over 400,000 people globally. In Kenya it is...
ITFC Finances Afreximbank with US$200 Million COVID-19 Response Package for the Agriculture Sector in...
Hani Salem Sonbol, ITFC CEO and Benedict Okey Oramah president signing a finance agreement in 2019
Ghana Cocoa Board, African Development Bank and financial partners celebrate first $200 million disbursement...
Ghana Cocoa Board (COCOBOD) and lenders
have welcomed the first disbursement of $200 million of a syndicated loan
facility to boost cocoa productivity in...
African Development Bank approves $3 million loan reallocation to agriculture sector for COVID-19 response
Togo is highly
dependent on its agricultural sector, which accounts for more than 40% of GDP
and employs almost 65% of its active population