Sunday, May 26, 2019
Accra (Ghana), February 4 (IANS) A $5 billion Exim Bank of India fund to support Africa’s agriculture development through the “Feed Africa” project seems to fit into the Africa Development Bank’s plans to improve the agriculture sector to increase...
New financing mechanisms are helping to increase rice production in Nigeria. The country has a long way to go, however, before it has the milling capacity and irrigation systems needed to become self-sufficient, and can begin seeking export markets. For...
Fusion Capital, a Kenyan-based private equity firm with a focus on property and real estate, has urged African governments and private sector stakeholders to invest in modernizing agriculture in order to ensure economic growth across the region. The company has...
Three major organisations have partnered to roll out a farming technology aimed at revolutionising farming among smallholder farmers across the country. Mercy Corps, MasterCard Foundation, and Safaricom have introduced DigiFarm, a mobile phone platform which enables farmers access variety of...

Smart Agriculture

The World Bank has recently approved a $250 million USD investment to the Climate-Smart Agriculture Project in Kenya. The main goal of the project is to “increase agricultural productivity and build resilience to climate change risks for smallholder farming...
The Ayka textile group, a Turkey-based company, plans to invest CFA200 billion francs to open within the next six months a cotton processing plant in Burkina Faso, APA learned from reliable sources. According to the Turkish investor, the quality of...
The Federal Government, in partnership with the African Development Bank (AfDB), two years ago launched the Agricultural Transformation Agenda Support Programme Phase One (ATASP-1) with commodity value chain development alongside infrastructure development as some of its key components in...
The African Development Bank (AfDB) has approved a $50 million line of credit to Nigeria’s Sterling Bank Plc to support micro, small and medium-sized enterprises (MSMEs) in strategic sectors such as renewable energy, agriculture and social sectors including health...
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group (www.IsDB.org), signed a EUR 107 Million Murabaha Financing Agreement (CFA franc 70 billion) to finance Burkina Faso 2017/2018 Cotton Season with SOFITEX...
Mechanisation of agriculture has become a priority across many African countries as the continent gears up to exploit its well-recognised potential to become the world’s food basket. This comes on the back of the fact that African farming systems remain...
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