US agricultural equipment manufacturer, AGCO, revealed it will invest US$100mn in Africa over a three-year period by the end of 2012 at AGCO Africa Summit 2014
Agriculture
Gates Foundation issues US$26mn grant to East African farmers
The Bill and Belinda Gates Foundation has issued a US$26mn grant to boost technology among dairy farmers in Kenya, Uganda and Tanzania
Nigerian government to distribute US$24mn loan to farmers
The state government in Kebbi, Nigeria has announced it will issue a US$24mn loan to farmers in the region as part of plans to improve agricultural production
Kenyan government launches US$3bn irrigation project
A US$3bn irrigation project has been launched in Kenya’s Coastal region, Galana-Kulalu to increase food security in the country
Gambian fish market earns nearly US$100,000 million in 2013
The Bakoteh Fish Market and Ice Plant in The Gambia has profited nearly US$100mn from its vendors eight months after it began operations in April last year