The African Export-Import Bank (Afreximbank) has provided more than US$35mn to two fertiliser companies in Zimbabwe for working capital and recapitalisation
Infrastructure
Online grain trading platform debuts in East Africa
The Eastern Africa Grain Council (EAGC) has launched G-Soko, an online trading platform for farmers to sell grains through a structured mechanism
Ethiopia secures Chinese funding for sugar project
The Ethiopian government has secured financing from a Chinese bank for Kuraz V, the fifth factory in the Omo-Kuraz Sugar Project
WACOT to invest US$25mn in Nigerian state
The West African Cotton Company (WACOT) has announced it will invest a substantial sum in Nigeria’s Ogun State
Village Capital funds two East Africa start-ups
Village Capital, US-based venture capital firm, has announced Atikus Insurance of Rwanda and Farmerline from Ghana as the winners of its business development and mentorship programme, East Africa: FinTech for Agriculture 2015