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Bayer honors three young agricultural leaders with an award supporting the projects they designed to help feed the world
12-Apr-2022 - 0 Comments.
Three young leaders, each with a passion for sustainable global agriculture, have been named winners of Bayer’s Youth Ag Summit Thrive for Change Awards. Bruno Ferreira from Bolivia, Chidinma Ezeh from Nigeria and Emiliano Barbero from Argentina will each receive a €5,000 bursary award to help put their winning Thrive for Change project ideas into action.
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ThriveAgric secures USD 56m in debt funding for business expansion in African market
24-Mar-2022 - 0 Comments.
ThriveAgric, an Abuja, Nigeria-based agtech company, raised USD 56.4m in debt funding. Investors included local commercial banks and institutional investors. The USAID-funded West Africa Trade and Investment provided USD 1.75m as a co-investment grant.
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UNILORIN secure USD 1.44m from Central Bank of Nigeria to set up poultry farm
07-Mar-2022 - 0 Comments.
The University of Ilorin (UNILORIN) has secured a USD 1.44m (N600 million) loan from the Central Bank of Nigeria to establish a commercial poultry farm to boost the production of eggs and chicken, Mikhail Buhari, the Deputy Vice-Chancellor Research, Technology and Innovation, of the university stated this while speaking with the local news agency.
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AFEX launches second round of funding to strengthen Nigeria's agricultural sector
01-Feb-2022 - 0 Comments.
AFEX has announced the reopening of its USD 240m Asset-Backed Commercial Paper (ABCP) to help stabilize Nigeria's agriculture sector by providing low-cost loans to Agro-processors to bridge the funding gap between lenders and borrowers, according to media report.