Chinese want to invest big in Kenyan Flowers
A group of Chinese firms have proposed to set up a 28 million euro flower farm in Naivasha, Kenya, in a move that is set to shake up the industry currently controlled by Dutch investors read more >>>>
Africa
Gates Foundation backs East Africa project
New project sets out to grow bananas and sweet potatoes in parts of Ethiopia, Tanzania and Uganda A pioneering scheme backed by the Bill & Melinda Gates Foundation is aiming to improve food security in parts of Africa by establishing new production of bananas and sweet potatoes read more>>>
Poverty in Ethiopia Down 33 Percent Since 2000
Agricultural growth was the main driver of poverty reduction in Ethiopia since 2000, according to the World Bank Group’s latest Poverty Assessment. Poverty in Ethiopia fell from 44 percent in 2000 to 30 percent in 2011, which translated to a 33 percent reduction in the share of people living in […]
White House encourages US firms to invest in Africa
From major oil companies to hamburger restaurants, the US is investing in Africa, with many American companies now firmly established in more countries on the continent than ever before. The BBC’s Matthew Davies has been taking a look at US trade investment in Africa and how it has changed to […]
DFID invests £9M in West African farms
Farmers in West Africa now have the chance to grow and sell more crops on the open market following investment from the U.K. Department for International Development (DFID) >>>> read more
Light at the end of the tunnel?
East Africa Agrees Draft EU Trade Pact to Avoid Tax Charges The East African Community negotiated a draft agreement to extend preferential trade access with the European Union, intended to replace an interim accord expiring next week, Kenya’s Foreign Ministry said. Read more>>>
EU Supports Agribusiness
At least 35 private small and medium enterprises, engaged in agribusinesses, will benefit from the 25 million Euros (approximately Shs 87.5bn) donor-supported equity fund set up to avail interest-free grants and technical services Read more>>>
Grand Vision for an African-Owned Drive on Food Security
“Your granary will never be filled by your neighbour.” This is a Mozambican saying that was used by Graca Michel, member of International Panel of Elders and a former Mozambican minister of education, to illustrate the point that Africa cannot rely on outside help to achieve food security. Read more […]
Ugandan farmers tackle fake farm inputs
Seed companies, agro-dealers, and service providers in the horticultural sector in Uganda have welcomed the move by Transparency International (TI) to establish a mobile number where farmers can report cases of counterfeit seeds, herbicides and fertilizers. Francis Ekadu, the programmes coordinator at TI, has told farmers, agro dealers and service […]
Ethiopia earns $245M from horticulture export
The Ethiopian Horticulture Development Agency said 245 million USD was earned from the export of flowers, vegetables and fruits during the just-ended Ethiopian fiscal year. Agency Director-General Alem Woldegerima told Ethiopian News Agency that of the total revenue earned, 199.74 million USD was secured from flowers, 40 million USD from vegetables and 6 million USD from […]