ZAMBIA - The Ministry of Agriculture has approved an application from an investor who has expressed interest to develop Luswishi farm block in Lufwanyama.
GHANA - The Agence Francaise de Development (afd) and the Agricultural Development Bank (adb) have signed a €17.7million financial agreement for implementing phase-five of the rubber outgrower plantation project.
ZAMBIA - Mansa Sugar Limited proposes to set up a sugar plantation and processing factory in Chembe at a cost of over K72 million.
KENYA - Kenya Seed Company subsidiaries in the neighbouring Tanzania and Uganda are in deep losses, which could affect their long-term viability, Auditor General Edward Ouko has warned.
GHANA - Olam International, one of Ghana’s largest agri-commodity companies, has completed its acquisition of Archer Daniels Midland (ADM) Company’s worldwide cocoa business.
ZAMBIA - Yalelo Limited will invest US$9.5 million to increase production at the company’s cage fish farming operations in Siavonga.
AFRICA - Co-operation in agriculture between China and Africa has made significant progress since the establishment of the China-Africa Co-operation Forum in 2000.
GHANA - The Agricultural Development Bank (adb) has for the past five years invested more than GH¢500m million in the agricultural sector being the highest investment in the sector by any bank in the country.
KENYA - The Privatisation Commission has warned further delays in the sale of State-owned sugar millers will delay reforms in the sector and expose the ailing industry to stiff competition on expiry of regional safeguards in February.
RWANDA - A Rwf 40 million horticulture training centre has been opened in Rulindo District as part of the efforts to improve the sector.
SOUTH AFRICA - One Thousand & One Voices (1K1V) — a US-based private capital fund backed by some influential family investors — is on the hunt for opportunities in the sub-Saharan Africa agricultural sector.
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