ZAMBIA - Zambian Fertilisers Limited has acquired three hectares of land in the Lusaka South MultiFacility Economic Zone (MFEZ) for the construction of a new blending facility at the cost of US$4 million.
NIGERIA - Livestock Feeds Plc a subsidiary of UAC of Nigeria Plc, has achieved a turnover of N7.9 billion and Profit After Tax (PAT) of N252 million in its 2014 operations.
ZAMBIA - IFC, a member of the World Bank Group, has announced the financing of Agrivision Africa to help the company expand its grain production to become a market leader in Zambia, and eventually outside its home market.
ZIMBABWE - Rome-basedInternational Fund for Agricultural Development (IFAD) says it is ready to help revive Zimbabwe’s agriculture sector, only when the country resolves its debt arrears with the institution.
KENYA - Tea prices at the Mombasa auction have risen 46 per cent compared to the same period last year as the cold season sets in.
ZIMBABWE – Zimbabwe Stock Exchange-listed seed producer, Seed-Co Limited, is planning a major regional expansion drive for Prime Seeds after it swooped on the vegetable seed breeding outfits recently.
ETHIOPIA - Sher Ethiopia Plc, which is implementing an expansion project in Adami Tulu, 170Km south of Addis Abeba in the Oromia Regional State on a 203ha plot of land, has so far, completed expansion on 50 ha of the total plot.
TANZANIA - The European Union has staked a budget of Euros140m which is equal to 280bn/- under the adopted National Indicative Programme for Tanzania of the 11th European Development Fund that is intended to scale up its engagement in sustainable agriculture as one of three priority sectors of intervention.
ZIMBABWE - Seed maker SeedCo has recorded an 11 percent decline in revenue to $95 million for the full-year to March 31 due to maize seed product shortages.
ZIMBABWE - Zimbabwe tobacco farmers have so far earned nearly $430 million from the sale of 145,5 million kilogrammes (kg) of flue cured tobacco since the beginning of the current marketing season in March this year, official figures show.
NIGERIA - The Director, Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL), Alhaji Aliyu Hameed has disclosed that N54 billion has been spent to support the agricultural value chain in the past four years.
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