Category: Agri Business

African Development Bank approves $66 million loan for equity enhancement of Tanzania Agricultural Development Bank

Mr Mohammed

ABIDJAN, Ivory Coast, December 10, 2023/ — The African Development Bank Group’s (www.AfDB.org) Board of Directors has approved a $66 million loan to the government of Tanzania for additional equity in Tanzania Agricultural Development Bank (TADB). The financing will enable TADB to strengthen its capital and enhance the structure and effectiveness of financial and non-financial services it offers to entrepreneurs in the agriculture and related value chains. The Tanzania Agricultural Development Bank Phase II project will also receive $950,000 in technical assistance from the Affirmative Finance Action for Women in…

Africa Day for Food and Nutrition Security: Zambian Vice President underscores role of grey matter infrastructure development

Mr Mohammed

LUSAKA, Zambia, November 7, 2023/ — African Leaders for Nutrition (ALN), a platform for high-level political engagement to advance nutrition in Africa, has joined two crucial forums for advancing policy dialogue on agriculture and nutrition in Africa. ALN representatives attended the commemoration the 14th Africa Day for Food and Nutrition Security (ADFNS) and 19th Comprehensive Africa Agriculture Development Programme (CAADP) Partnership Platform (PP). These platforms are crucial forums for advancing policy dialogue on agriculture and nutrition in Africa. The African Union Commission and its economic development agency AUDA-NEPAD jointly convened the 19th CAADP event to emphasize…

At the DRC Agribusiness Forum, Democratic Republic of Congo shares its ambition to feed Africa and announces $6.6 billion in investments in agriculture

Mr Mohammed

ABIDJAN, Ivory Coast, October 15, 2023/ — The Democratic Republic of Congo aims to invest $6.6 billion over ten years in its Agriculture Transformation Programme (PTA) to fulfil its commitment to becoming Africa’s breadbasket. The announcement was made at the “DRC Agribusiness Forum”, held on 4 and 5 October 2023 in Kinshasa. The investment is evidence of the commitment of Congolese President Félix Antoine Tshisekedi to develop the country’s agricultural potential and ease the economy’s dependence on the extractive sector. “With its 80 million hectares of cultivable land, its four million hectares of…

Africa Business Heroes Spotlight

Mr Mohammed

INVESTIV-AFRIQUE PHYTO PLUS  Join Hands By: Mohammed A. Abu INVESTIV, a pioneer and leader in drone technology in West Africa, recently raised $800,000 (approx. 500 million XOF) from UK impact fund AGDEVCO and RAJ GROUP Holding to set up precision agriculture service centers for rural populations. One of the company’s main challenges is to make its technologies available to small and medium-sized farmers for the production of food crops and perennial crops. To meet this challenge, INVESTIV, in partnership with AFRIQUE PHYTO PLUS, West Africa’s leading distributor of agricultural inputs,…

Ghana-Nebraska Captains of Industry Identify Areas for Mutual Collaboration

Mr Mohammed

The Nebraska-Ghana Trade and Investment Program and Husker Harvest Days event, which saw the participation of twenty-two (22) Ghana Government officials and Private Businesses, has ended successfully in Lincoln, Nebraska. The event, held from 11th to 14th September 2023, UNDER THE THEME – FACILITATING OPPORTUNITIES, has been described by participants as one of the most well-organized Trade and Investment Programs, which is poised to make significant impact, in establishing and building relevant and much needed partnerships. Senator Ken Schilz, the Lead and Co-founder of Nebraska GhaNeb LLC, expressed his satisfaction, with the quality…

Hunger Projections in Mauritania, Sahel Region Alarming!!!

Mr Mohammed

DREF Operation Final Report Reveals ,,,,,,,As Climate Change Impact Cited Story: Mohammed A. Abu The International Federation of Red Cross Societies(IRFC) in its sixteen-page Disaster Response Emergency Fund(DREF) Operation-Final Report on Mauritania Food Insecurity, has noted that, the food crisis and hunger projections in the Sahel have become increasingly alarming over the past decade in all Sahelian countries, including Mauritania. According to the projected situation for the next lean season (June-July-August 2023): five (5) wilayas(regions) are projected to be classified in the “Pressure” phase (IPC 2), namely Nouakchott, Nouadhibou, Adrar,…

Investing in Africa Conference & Expo 2023 Gets Set

Mr Mohammed

Now in its 10th year, AFSIC – Investing in Africa is set to host another world-class gathering of Africa-focused businesses, dealmakers and investors to discover and execute investment deals, network and share insights in London on 9-10th October 2023. IFC, Accion, Verdant Capital, RMB, Old Mutual, Citibank and more than 120 speakers are confirmed to present exceptional content in a highly structured, multi-stream programme which includes focused sessions on Banking, Informed Investing, Building, Fintech Innovation, Sustainable Growth, Agriculture and Power. The highly popular country investment summits led by in-country experts…

Côte d’Ivoire: Gninlnagnon Koné dreams of supplanting the leading players in food supplements in Côte d’Ivoire with his Chérubins baby formula

Mr Mohammed

Cherubins formula is made from brown or black rice, which is high in fibre and also an excellent antioxidant ABIDJAN, Ivory Coast, May 10, 2023/ — Even as a child, Gninlnagnon Koné , a young man from Katiola in north central Côte d’Ivoire, liked to follow his parents, who grew tubers and maize, to their farm. Today, an engineer in agricultural business management, he says, “When I became an engineer, I realised that our agricultural producers still face the same difficulties with processing their products. People work hard but ultimately their…

Cake developing semi-autonomous electric ATV for sustainable farming

Mr Mohammed

By Paul Ridden December 14, 2022 Swedish electric moto maker Cake is aiming to help clean up large-scale farming operations by replacing polluting machinery with the Kibb, an electric four-wheeler that can ride like an all-terrain vehicle or serve as an autonomous cargo hauler. “Sustainable and responsible farming is vital for healthy ecosystems and we are aiming to make Kibb the number one tool for all future farmers,” said company CEO, Stefan Ytterborn. The Kibb concept is inspired by a Masters thesis from transportation designer Fanny Jonsson, who interned with Cake…