Angolan sausage company Sano Dia to open a new US$70M factory to cut reliance on imports ANGOLA – Sano Dia, an Angola-based private limited company, is building a new sausage and mortadella factory in the country’s capital Luanda to cut reliance on imports. The US$70 million facility is located at the Zona special economy (ZEE), […]
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Uganda: Businessman turns banana crisps into sizeable snack food company Dennis Ngabirano In 2010, Dennis Ngabirano, a teacher by profession, was required to submit and execute a business plan as part of his coursework for a counselling degree in his home country, Uganda. A fried banana crisp snack, which he had sampled on his honeymoon, […]
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TikTok farmer bounces back after poor matric results While thousands of matriculants celebrate their final results, Malesela Molema remembers the anxiety when his marks were once too low for varsity acceptance. Today, his poultry side-hustle is booming – and he’s not just famous on TikTok Malesela Molema is not only a rising TikTok […]
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Burkina Faso miller Agroserv receives US$14.5m investment to expand agro-processing plant BURKINA FASO– Agroserv, a provider of sustainable agro-processing solutions in Burkina Faso, has received a €12.2 million (about US$14.5m) investment from social impact investor Oikocredit, impact investing group Investisseurs & Partenaires (I&P), and lenders BIO Invest and EDFI AgriFI. Oikocredit and I&P are […]
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Flow Equity Raises $14m To Expand High-growth Poultry Business in Sub-Saharan Africa Nairobi, Kenya, 12 September 2022 – Flow Equity, a rapidly growing, high-impact, and profitable poultrybusiness targeting under served rural households, has raised a combined USD 14 million funding roundwith participation from AgDevCo, AHL Venture Partners, Acumen Resilient Agriculture Fund (ARAF) andthe Bill […]
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Bambara groundnut: Africa’s key to food and nutrition security 22 December 2022 Bambara groundnut seeds from IITA’s Genetic Resource Center Food and nutrition insecurity is a major challenge facing the global community. To fill the food and nutrition security gap in a world with a population predicted to exceed 9 billion by 2050, IITA-CGIAR is […]
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Inventing A Low-Cost Solution To Reduce Moldy Foods How do you see dryness? Drying food is one way many farmers preserve their harvest, but knowing when food is dry enough to store can be difficult — and mold growth on dried foods is a pervasive problem. For farmers, mold growth can mean postharvest losses […]
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Solar pumps improve irrigation options for farmers Rain-fed agriculture can be a high-risk venture, particularly with changing rainfall patterns and high-value crops such as fruits and vegetables. Irrigated cropland is twice as productive as rain-fed agriculture (World Development Report 2008), but many farmers do not have access to irrigation infrastructure, including a nearby water source […]
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Insect protein farm Legendary Foods Africa clinches investment to accelerate expansion plan GHANA – Legendary Foods Africa, a Ghanaian foodtech company focused on production of insect protein for human consumption, has bagged a growth equity investment from an Africa focused private equity firm, Baylis Emerging Markets. Legendary Foods has developed a unique sustainable farming system […]
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Sudan: African Development Bank Group commits nearly $74 million to boost wheat production Picture: Daf’Allah Mohamed Ahmed is one of more than 1,400 farmers and stakeholders taking part in the TAAT program, set to expand under the African Emergency Food Production Facility program for Sudan approved by the African Development Bank Board.” The Board of […]
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