Inspiring Sustainable Business in Africa
KENYA – Bioline Agrosciences, a biocontrol company that produces a wide range of predatory mites and insects in North America, has announced the acquisition of the Kenyan Biocontrol Company Dudutech from the British Company Flamingo Group International (a World Leader in the production and sale of Cut Flowers & Plants and Fresh Vegetables). “This acquisition is a huge step for…
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ZAMBIA – The European Union – EU Zambia office has called for agribusiness proposals from eligible Zambians to access grant funding of up-to €1 million under its Enterprise Zambia Challenge Fund. In an emailed statement to the Zambian Business Times – ZBT, the Enterprise Zambia Challenge Fund (FED/2019/413-674) is inviting agri-businesses in Zambia who meet the eligibility criteria to apply…
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MOROCCO – Morocco’s National Office for Food Health Safety (ONSSA) has announced that the United States has approved the import of Moroccan raspberries. According to a Maghreb Arab Press report, negotiations between ONSSA and the Animal and Plant Health Inspection Service (APHIS) led to the signing of an action plan, allowing the import of Moroccan fresh raspberries into the US…
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GHANA – The United States Ambassador to Ghana, H.E Madam Stephanie Sullivan has presided over the opening of a new shea butter processing and warehousing facility at Sorogu in the Sagnarigu Municipality of the Northern Region. The new facility, meant for Tiyumtaba Women’s Shea Cooperative, will provide the needed infrastructure to add value to the commodity in the area and…
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WEST AFRICA – The United States Department of Agriculture’s (USDA) Food For Progress (FFPr) Regional Cashew Value Chain Project is implementing a US$38 million, six-year project in The Gambia, Senegal, and Guinea-Bissau. USDA says that the project will enhance the regional cashew value chain to improve the trade of processed cashews in local and international markets. Facilitating the processing of…
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FOOD & BEVERAGE MANUFACTURING Capwell Industries Limited has grown its business since it entered the food industry by investing in a maize milling plant 20 years ago. With a new drive to be a food and beverage company, the company recently installed a new 250 tonnes per day wheat mill and has introduced Kenya’s first cereal beverage drink. We sat…
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MOROCCO – Morocco’s monarch, King Mohammed VI has ordered the Hassan II Fund to allocate MAD 2 billion (€188.42), to support the financing of entrepreneurship in rural communities. Morocco’s ministry of Economy said that the program will mainly target small and medium-sized enterprises and young project holders who will get to enjoy a significant reduction in interest rates charged on…
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COTE D’IVORE – Lesaffre Ivoire has inaugurated its new Baking Center, the first of its kind in West Africa, in Abidjan to be closer to its customers and to meet growing demand in West Africa. The official opening of the center was done in the presence of Mr David Jousselme, Director of the Lesaffre Overseas region and Mr Gilles Huberson…
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MOROCCO – IFC, a member of the World Bank Group, is providing US$24 million in financing to Zalar Agri to help the company expand its fruit and nut growing operations, creating both permanent and seasonal jobs in Morocco’s countryside. The financing includes a US$12 million C loan for IFC’s own account and a mobilization of a US$12 million B loan…
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NIGERIA – The President, Major-General Muhammadu Buhari (retd) has directed the Ministry of Industry, Trade and Investment to establish agro-allied industry in each state of the federation. Minister of State for Industry, Trade and Investment, Mariam Katagum, confirmed the development during a meeting with a delegation from the Amana Farmers and Grains Suppliers Association of Nigeria. Katagum said the Federal…
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