-
AfDF invest $99 million for development of rice cultivation value chains in West Africa
27-Nov-2024 - 0 Comments.
The Board of Directors of the African Development Fund has approved initial funding of $99.16 million to develop regional rice cultivation value chains as part of the Regional West Africa Rice Development project. Â
-
OPEC Fund Breaks New Ground with Sustainability-Linked Loan to Boost African Agriculture
25-Nov-2024 - 0 Comments.
The OPEC Fund for International Development (OPEC Fund) is stepping into innovative territory with its first-ever sustainability-linked loan.
-
AfDB grants $260 million loan to strengthen agricultural sector and value chains to Congo
20-Jul-2024 - 0 Comments.
The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $260.4 million to the Democratic Republic of Congo (DRC) to help finance the Project to Support the Development of Value Chains as part of its backing for the Agriculture Transformation Programme (PADCV-PTA).
-
African Development Fund approves $10 million to scale up nutrition project
22-Jun-2024 - 0 Comments.
The Board of Directors of the African Development Fund has approved an additional $10 million from the Global Agriculture and Food Security Program (GAFSP) to implement activities and scale up the impact of the Smallholder Agriculture Development for Food and Nutrition Security project in Liberia.
-
African Development Bank, Ethiopia launch $94 MN project to boost Climate Resilient Wheat Value Chain Development
13-Jun-2024 - 0 Comments.
The African Development Bank Group (www.AfDB.org) and the government of Ethiopia, in partnership with the Netherlands, fertilizer company OCP-Africa, and the Global Center on Adaptation (GCA), have launched an ambitious project to transform Ethiopia from a wheat importer to a self-sufficient producer and exporter.
-
Can India Cultivate the Allure of African Blackwood?
22-Apr-2024 - 0 Comments.
African Blackwood, also known as Dalbergia melanoxylon, is a tree shrouded in mystique. Its dense, jet-black heartwood is considered the most expensive wood in the world, fetching prices exceeding â‚ą7 lakh per kilogram.
-
African Development Bank empowers agri youth programs for greater impact
15-Apr-2024 - 0 Comments.
The African Development Bank (www.AfDB.org) successfully concluded a three-day workshop in Nairobi, Kenya, aimed at enhancing its Empowering Novel Agri-Business-Led Employment (ENABLE) Youth Program in preparation for its next phase.
-
Burkina Faso government, African Development Bank launch project to bolster food security
12-Feb-2024 - 0 Comments.
The government of Burkina Faso has officially launched an African Development Bank (www.AfDB.org) supported project to bolster food security in the country against the impacts of Russia’s invasion of Ukraine.
-
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.
-
SupPlant raises USD 27m to combat climate change by assisting South African farmers
18-Mar-2022 - 0 Comments.
SupPlant, an Israeli agritech company, has raised an additional USD 27m (R408 million) to assist South African farmers to adopt digital solutions for fighting climate change.
-
AgDevCo secures USD 90m of DFI funding to invest in African agribusinesses
04-Mar-2022 - 0 Comments.
AgDevCo, the specialist investor in early-stage African agribusinesses, recently announced a USD 90m package of new funding from the CDC Group (USD 50m), Norfund (USD 20m) and DFC (USD 20m) which will allow AgDevCo to continue to grow its investment activities in agriculture across Sub-Saharan Africa.
-
AfDB to assign USD 150m for women in agricultural sector
03-Aug-2021 - 0 Comments.
The African Development Bank (AfDB) says it will provide USD 150 million to support women in the agriculture sector before the close of the year.
-
Indian fertilizer company eyeing big orders from African countries
12-May-2020 - 0 Comments.
Despite enormous logistic and other challenges posed by COVID-19 lockdown, Hindustan Insecticides Limited (India) is making all efforts to ensure adequate supply of insecticides to farmer community in the country and at the same time eyeing big export orders of DDT from African countries.
-
International Workshop Calls for Joint Fisheries Management Plans for Afro-Asian Nations
30-Jan-2019 - 0 Comments.
An international workshop on fisheries and aquaculture has called for regional cooperation among the member countries of African Asian Rural Development Organisation (AARDO) in an effort to develop joint fisheries management plans aiming to achieve sustainable development of the fisheries in Afro-Asian countries
-
India sign long term pact for pulses import with Mozambique
07-Jul-2016 - 0 Comments.
In order to meet growing pulses demand and control prices, India has singed a long term pact with African nation, Mozaqmbique for pulses imports.
