ZIMBABWE - Zimbabwe’s tobacco exports surged to $341 million in the first week of August from the sale of 64 million kilogrammes (kg), compared to $231 million recorded in the corresponding period last year, latest official figures show.
ETHIOPIA - Tepi Coffee Plantation became a fully private company in a 733.2 million Br deal, which saw the transfer of the 49pc government share to Green Coffee Agro Industry Plc, which already held a 51pc share.
RWANDA - Livestock keepers in Burera District are upbeat as a new milk factory nears completion.
ZIMBABWE - French seed company Limagrain has increased its stake in Zimbabwe’s largest seed producer, SeedCo, from 15 percent to 30 percent, a top company official has said.
ETHIOPIA - Three foreign floricultural companies have become operational during the past six months, according to Ethiopian Horticultural Development Agency.
ZIMBABWE - Cottco Holdings Limited (Cottco) has registered a $30,2 million loss in the full year to March 31, 2015 from a profit of $14,9 million recorded in the same period last year.
ZIMBABWE – Zimbabwe’s largest seed producer, SeedCo, has so far collected $16,2 million from a total of $56 million owed by creditors, a company official has said.
RWANDA - The Golden Circle, a group of investors under the Private Sector Federation (PSF), is looking to tap into the investment opportunities in the key priority sectors of the economy to support government’s push to create 200,000 off-farm jobs per year.
ZAMBIA - Investors in The Netherlands have been attracted to Zambia’s underdeveloped poultry sector and the Dutch government is currently studying opportunities with a view to advising companies in that country.
ZAMBIA - Hybrid Poultry Farms Limited intends to invest US$310,000 to improve existing irrigation facilities and equipment.
KENYA - Norwegian private equity fund, Norfund, has bought shares in agriculture firm Vertical Agro in a Sh476 million (38.7 million Norwegian krone) deal.
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