In The Spotlight
Swedfund backs Phatisa Food Fund 3 to strengthen Africa’s food systems
Swedfund has committed US$15mn to Phatisa Food Fund 3, a private equity fund focused on established businesses operating across the food value chain in several African countries.
The investment is designed to strengthen food security, support the creation of decent jobs, and help build more resilient and sustainable food systems across the region.
Food systems in Africa are facing growing pressure from rapid population growth, climate related challenges, and fragmented supply chains. These factors continue to limit access to affordable and nutritious food while placing strain on producers, processors, and distributors. Improving how food is produced, processed, and delivered is increasingly important to ensure food availability while supporting livelihoods and long term economic stability.
Phatisa Food Fund 3 plans to invest in companies that are looking to scale their operations or transition ownership. Drawing on Phatisa’s long standing experience in the food and agriculture sector, the fund is expected to support businesses with the potential to increase production capacity, improve operational efficiency, and create more stable employment opportunities. These investments are aimed at strengthening local and regional markets while encouraging sustainable business practices.
Sebastian Süllmann, Investment Manager for Food Systems at Swedfund, said, “Strengthening food systems is essential for inclusive and resilient growth across African markets. Through this investment, we help channel long-term capital to companies that can expand production, support decent jobs, and improve access to affordable and nutritious food. The investment also contributes to deeper value chain integration, supporting more stable and sustainable livelihoods over time.”
Swedfund’s contribution forms part of an US$86mn first close for the fund, alongside other development finance institutions including BII, Norfund, IFC, and FinDev Canada. Together, these partners aim to mobilise long term capital to support food system transformation and economic development across Africa.
New Holland tractors now more affordable in Kenya
New Holland tractors are set to play a bigger role in transforming agriculture in Kenya following a new partnership between Inchcape and NCBA Group, one of East Africa’s leading financial institutions.
The collaboration focuses on making New Holland’s modern tractor range more accessible to farmers through a flexible and affordable financing solution designed around real farming needs.
The initiative enables farmers to acquire New Holland tractors with financing of up to 95 percent of the purchase value, making advanced machinery attainable for both small and large scale operations. Repayment periods can extend up to 60 months, with options structured to suit farming cash flows. Farmers can choose monthly or seasonal repayments aligned with harvest cycles, helping them manage costs without disrupting day to day operations. The financing package also includes cover for up to two farm implements, allowing farmers to fully utilise the capabilities of their New Holland equipment. To further support customers, each financed tractor comes with one year of free insurance through NCBA Bancassurance, offering reassurance throughout the loan term.
New Holland tractors are known for their durability, efficiency and suitability for a wide range of farming applications, from land preparation to harvesting support. By pairing these machines with tailored financial solutions, the partnership aims to improve farm productivity while reducing the operational strain often associated with equipment investment.
Marion Gathoga Mwangi, Managing Director of Inchcape Kenya, said, “Through this collaboration, we are not just offering financing; we are driving mechanisation, which remains a key pillar in increasing agricultural productivity and efficiency. When farmers have access to modern, reliable machines, their yields rise, their costs reduce, and their work becomes more rewarding.”
NCBA Group also emphasised the importance of aligning finance with the realities of farming. Lennox Mugambi, Group Director of NCBA Asset Finance and Business Solutions, added, “This partnership with Inchcape Kenya marks a major step in our mission. We aim to support farmers by providing accessible and flexible finance. By matching repayment schedules to the realities of farming, we remove barriers that have held back mechanization. We believe this will empower farmers to boost productivity and improve their livelihoods across Kenya.”
The programme brings Inchcape’s Accelerate+ strategy to life by combining high quality New Holland products with value added services such as financing and insurance. By improving access to trusted machinery, the initiative supports sustainable agricultural growth and creates long term benefits for farming communities across Kenya.
The project will be led by the African Development Bank Group and will focus on one of Southern Africa’s most important shared river systems.(Image credit: GEF)
GEF supports climate resilient water management in the Zambezi Basin
The Global Environment Facility has approved a grant of US$9.45million to support a major regional initiative aimed at improving water governance, protecting ecosystems and strengthening climate resilience across the Zambezi River Basin.
The project will be led by the African Development Bank Group and will focus on one of Southern Africa’s most important shared river systems.
Stretching across eight countries Angola, Botswana, Malawi, Mozambique, Namibia, Tanzania, Zambia and Zimbabwe the Zambezi River Basin plays a central role in the lives of more than 51 million people. It provides water for homes and farms, supports hydropower generation, sustains fisheries and underpins globally important ecosystems such as the Barotse Floodplain and the Zambezi Delta. In recent years, however, the basin has come under growing strain from climate variability, deforestation, pollution and weak coordination in water management. Average river flows have fallen by almost 20 percent over the past two decades, while repeated droughts and floods continue to threaten food production, energy supply and natural habitats.
The new GEF funded project will strengthen the ability of the Zambezi Watercourse Commission and its member states to manage shared water resources more effectively. A key focus will be the adoption of an integrated water energy food environment approach that supports long term planning and cooperation, in line with regional strategies and agreed water protocols. The initiative will promote better coordination across countries through shared guidelines, aligned environmental and social assessments and improved access to climate informed decision making tools, including the Zambezi Water Information System.
To respond to increasingly unpredictable river flows, the project will test more flexible dam operation and environmental flow practices designed to balance power generation, flood management and ecosystem protection. New financing approaches will also be introduced, including payments for ecosystem services and user fee systems, to help secure sustainable funding for water and environmental management.
Gareth Phillips, Climate and Environment Finance Manager at the African Development Bank said, “Working together, Zambezi riparian states are strengthening climate resilient river basin management to protect ecosystems and secure water, energy, and food for millions across Southern Africa.This project supports coordinated, climate informed, and financially sustainable river basin management that underpins ecosystems, thereby promoting Southern Africa’s development agenda.”
Women, young people and local communities will be actively involved throughout the project to ensure inclusive and locally grounded outcomes.The GEF grant is expected to unlock more than $140 million in additional funding from governments, development partners and the private sector, helping to deliver lasting environmental and development benefits across the region.
Manila, Philippines
IFTEX 2026 International Floriculture Trade Fair in Nairobi Kenya
IFTEX 2026 marks the 13th edition of the International Flower Trade Exhibition and continues to strengthen its reputation as one of the most important business focused floriculture events in the world.
Set to take place in Nairobi, Kenya, the exhibition will be held from June 2 to June 4, 2026, at the Visa Oshwal Centre in Ring Road Parklands. Organised by HPP Worldwide, the event brings together the global flower trade under one roof and places East Africa firmly on the international floriculture map.
Designed exclusively for industry professionals, IFTEX 2026 is a trade only exhibition that welcomes growers, breeders, exporters, logistics providers and international buyers from across the globe. Entry is restricted to qualified visitors aged 18 years and above, ensuring a professional environment where meaningful business discussions and long term partnerships can flourish. The exhibition provides a focused platform for networking, sourcing new products and exploring opportunities within the fast growing global flower market.
The three day programme begins on Tuesday, June 2, 2026, with an official opening ceremony scheduled from 09:00 to 11:00 hrs, followed by exhibition hours running until 18:00 hrs. On Wednesday, June 3, 2026, the exhibition continues from 10:00 to 18:00 hrs and concludes with the official exhibition party from 18:30 to 23:00 hrs, offering a relaxed setting for industry networking. The final day, Thursday, June 4, 2026, runs from 10:00 to 16:00 hrs, allowing visitors to finalise meetings and business deals.
IFTEX has consistently positioned itself as a central global platform for the floriculture industry, attracting international participation and supporting large scale trade connections. While previous editions such as 2025 highlight the event’s growth, the confirmed dates and format underline the importance of IFTEX 2026 as a key calendar event.
For floriculture professionals seeking access to global markets, innovative flower varieties and valuable industry connections, IFTEX 2026 offers a unique opportunity to engage with the heart of the international flower trade.
High-Genetic bulls enhance Rwanda’s dairy
Rwanda is taking a significant step in modernising its livestock sector with the arrival of the first batch of 10 high-genetic-potential Holstein-Friesian dairy bulls imported from Germany.
This initiative is designed to strengthen breeding programmes and accelerate improvements in both dairy and beef herds. A second shipment of 20 bulls is expected by April 2026, featuring additional dairy breeds including Holstein-Friesian, Jersey, and Brown Swiss, alongside top beef breeds such as Angus and Charolais.
These elite bulls will be central to Rwanda’s national bovine artificial insemination (AI) programme, producing high-quality semen distributed nationwide to enhance cattle genetics. By providing farmers with superior semen rather than requiring the purchase of costly breeding animals, the initiative aims to increase productivity, improve herd health, and raise milk yields significantly above those of many local breeds.
The project forms part of Phase II of the Rwanda Dairy Development Project (RDDP-2), a US $100 million programme funded by the International Fund for Agricultural Development (IFAD) and running from 2024 to 2029. RDDP-2 aims to modernise Rwanda’s dairy value chain, raise milk quality standards, and boost overall sector productivity.
Rwanda’s efforts to improve livestock genetics trace back to the “One Cow per Poor Family” (Girinka) programme launched in 2006, which introduced improved dairy breeds to rural households. Since then, structured crossbreeding, artificial insemination, and veterinary support initiatives have led to notable gains in national milk and meat production, though authorities emphasise that expansion remains crucial to meet targets outlined in the country’s Strategic Plan for Agricultural Transformation.
By integrating high-genetic bulls and modern AI techniques, Rwanda is laying the foundation for a more productive, resilient, and competitive livestock sector, supporting farmers while contributing to the country’s broader agricultural development goals.
Poor maize yields blamed on reuse of hybrid seeds
The government has defended the long standing practice that requires maize farmers to buy new seeds every planting season, explaining that most maize grown across the country comes from hybrid varieties that do not perform well when replanted.
David Silinde, Deputy Minister for Agriculture addressed concerns raised by Urambo MP Magreth Sitta, who questioned why farmers are unable to reuse seeds harvested from the previous season instead of purchasing fresh supplies each year.
Silinde said the issue lies in the nature of hybrid seeds, which are specifically developed to deliver high yields, resist diseases and tolerate harsh weather conditions. These qualities, he explained, are only guaranteed during the first planting.
“Most of the maize seeds used by farmers nationwide are hybrid seeds, developed by crossing two or more parent lines of the same family. Due to their scientific structure, these seeds cannot retain their superior qualities when reused, which affects harvests and overall agricultural efficiency,” he said.
According to the Deputy Minister, certified seeds sold through registered agro dealer shops undergo extensive laboratory testing before reaching farmers. These tests confirm their quality and ensure they meet standards for productivity and resilience. However, once farmers save and replant seeds harvested from hybrid crops, the original traits weaken or disappear completely.
He added that this decline results in smaller harvests, reduced income and lower overall productivity, which ultimately affects national food security. For this reason, farmers are advised to use certified seeds each season to maintain stable production.
In a supplementary question, Sitta asked what steps the government is taking to lower maize production costs for low income farmers and how it plans to protect crops from destructive pests.
In response, Silinde said the government remains committed to supporting farmers through its agricultural input subsidy programme. The initiative provides subsidised seeds, fertilisers and pesticides, helping to reduce farming expenses while improving yields.
He noted that the programme is designed to ensure small scale farmers can access quality inputs without placing too much strain on their finances, while also strengthening pest control efforts to safeguard crops throughout the growing season.
Insights into the future of agricultural technology
Global agriculture continues to expand, yet the agricultural machinery market is navigating a period of turbulence.
Economic uncertainty, geopolitical tensions and shifting trade policies are reshaping where and how farm equipment is bought and sold. This evolving landscape was outlined during the press conference launching the 47th edition of EIMA International, the world’s leading exhibition for agricultural technologies, set to take place in Bologna from 10 to 14 November.
Mariateresa Maschio, FederUnacoma President, said, “Protectionist policies in some countries, economic sanctions, interference with trade routes, and tariff wars have led to market fragmentation and a sharp slowdown in trade which is weighing on the performance of the agromechanical sector.”
Traditional markets are feeling the strain. The United States recorded a 10 percent fall in tractor sales in 2025, while Germany, France and the United Kingdom also posted double digit declines. In contrast, southern Europe is showing renewed momentum. Italy and Spain both closed the year with strong growth, signalling cautious optimism within the European agricultural machinery industry.
India remains the standout performer. With tractor sales exceeding 1.1 million units, the country continues to dominate the global market. According to Maschio, this growth reflects deeper structural demand rather than a short term spike. “Over the past fifteen years, output in the primary sector has grown significantly,” said Mariateresa Maschio, “but to meet the needs of the world’s population it will have to grow by a further 14% by 2034, especially in India and in those countries of North Africa, Sub-Saharan Africa, and the Middle East that are experiencing the highest demographic growth.”
A new geography of agricultural production is emerging, driven by mechanisation, digital farming solutions and expanding demand in Asia, Africa and Latin America. Chinese manufacturers are rapidly increasing their presence across these regions and even gaining ground in Europe.
“In the coming years we will have a highly segmented agromechanical sector, with low-cost basic technologies alongside highly advanced technologies for complex operations,” added Mariateresa Maschio, underlining the importance of innovation, policy support and international cooperation as the sector looks ahead.
