Zambia’s agriculture minister Given Lubinda has invited Chinese investors to tap into the potential of agricultural sector in the African country, promising an array of incentives for them
Crops
New grain storage facility to come up in Kenya
Dryland Seed Limited is building three new warehouses, with a capacity of 500 tonnes each, spread over 2,000 sqm for storing seeds in Machakos County in Kenya
Nigeria looking for rice expertise from Thailand
Nigeria’s Federal Ministry of Agriculture and Rural Development (FMARD) has invited Thailand’s agribusiness community to invest in rice production and other agricultural sub-sectors in the West African nation
AfDB approves US$109mn loan for Côte d’Ivoire’s cocoa industry
African Development Bank (AfDB) has approved a US$109mn loan to Sucres et Denrées Côte d’Ivoire (Sucden CI) for investment in the cocoa sector in the country
Fanisi Capital invests US$6mn in Tanzanian agribusiness
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
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