PXAfrica Limited has launched an online grain exchange in Kenya, providing a platform for wheat and maize trading
Infrastructure
Toyota Tsusho starts work on fertiliser plant in Kenya
The first phase of the construction of a fertiliser plant at the cost of about US$980mn started in Eldoret, Kenya last week
Flour Mills of Nigeria to invest US$1bn over five years
Nigerian agribusiness group, Flour Mills of Nigeria (FMN), is planning to invest about US$1bn in its business over the next five years
Two Zimbabwe fertiliser companies get US$36mn funding
The African Export-Import Bank (Afreximbank) has provided more than US$35mn to two fertiliser companies in Zimbabwe for working capital and recapitalisation
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