AgDevCo, in partnership with The MasterCard Foundation, has announced a US$15.4mn initiative to boost the incomes of smallholder farmers in seven African countries
Crops
African agri ventures part of US$13mn global fund
Thirteen ventures, including the ones in Africa, are the recipients of around US$13mn in funding from the Powering Agriculture: An Energy Grand Challenge for Development (PAEGC) programme
Mansa Sugar plans sugar factory in Zambia for US$6.6mn
Mansa Sugar Limited is planning a sugar plantation and processing factory in Chembe, Zambia for around US$6.63mn
CBN banks on SMEs to improve agriculture sector in Nigeria
The bankers committee of the Central Bank of Nigeria (CBN) have decided to grant US$1.2bn to Nigeria’s agriculture sector by supporting small and medium enterprises (SMEs)
Olam International acquires ADM’s cocoa business, strengthens presence in Ghana
Ghana’s leading agri-commodity company Olam International has completed the acquisition of Archer Daniels Midland (ADM)’s cocoa business