Private equity firm Fanisi Capital has announced that it had bought a minority stake in a Tanzanian agro-processing company for US$6mn, expanding its footprint in the region
Crops
FAO, Rabobank Foundation to scale up East Africa partnership
Food and Agriculture Organization (FAO) and the Dutch Rabobank Foundation will expand their collaboration after two years of successful initiatives in three countries in East Africa
Zambia to get US$10mn in agriculture investment
Germany’s Amatheon Agri Group and Japan’s Toyota Tsusho Corporation have announced a joint venture that will invest approximately US$10mn in an agricultural project in Zambia
Goat and sheep rearers in Lesotho to get financial assistance
Lesotho and the International Fund for Agricultural Development (IFAD) have signed an agreement that will bring relief to the country’s livestock producers
Chinese firm plans investment in Nigeria’s agribusiness
New Hope Liuhe Company Limited (NHLCL), an agribusiness company from China, has expressed its desire to invest in the sector’s development in Nigeria