The African Development Bank (AfDB), with financing from the Italian Technical Cooperation Fund, has provided approximately US$1,182,400 grant to help smaller agro-processing enterprises boost production and quality control
Agriculture
BASF’s new production facility in Ethiopia produces first vegetable seeds
Located in the country’s Amhara region, the first seeds produced at BASF’s new production facility in Ethiopia enter the global vegetable seed market
CNH Industrial enters agreement to acquire Raven Industries
CNH Industrial has announced that it has agreed to acquire Raven Industries, a US-based specialist in precision agriculture technology, for US$58 per share
AfDB approves US$1.4mn grant to improve household food security in Zambia
The African Development Bank (AfDB) has approved a US$1.4mn grant from the global agriculture and food security programme to reduce malnutrition among the southern African nation’s most vulnerable households
IFC, BMZ partner to strengthen supply chains for smallholder farmers in Africa
IFC and the German Ministry for Economic Cooperation and Development (BMZ) has launched a new programme that will leverage greater private sector investments to support the food production value chain across Africa and increase access to finance for rural farmers and businesses
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