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
Crops
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
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