Thirteen ventures, including the ones in Africa, are the recipients of around US$13mn in funding from the Powering Agriculture: An Energy Grand Challenge for Development (PAEGC) programme
African agri ventures part of US$13mn global fund
Agriculture
Mansa Sugar plans sugar factory in Zambia for US$6.6mn
Mansa Sugar Limited is planning a sugar plantation and processing factory in Chembe, Zambia for around US$6.63mn
Olam International acquires ADM’s cocoa business, strengthens presence in Ghana
Ghana’s leading agri-commodity company Olam International has completed the acquisition of Archer Daniels Midland (ADM)’s cocoa business
ADB and AFD sign US$15mn agreement to support Ghana’s rubber initiative
The Agricultural Development Bank (ADB) and Agence Francaise de Developpement (AFD) have signed a US$15.34mn finance agreement for the fourth phase of the Rubber Outgrower Project in Ghana
Agrisem launches new seedbed cultivator tillage machine
French company Agrisem showcased its new seedbed cultivator tillage machine at the recent Agritechnica show in Hanover, Germany
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