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African News Divestments, Investments & Funding Latest News

FAO launches US$200M land restoration initiative for cocoa, oil palm cultivation in Nigeria

NIGERIA – The Food and Agriculture Organization (FAO) has announced plans to restore 18,000 hectares of degraded land in Cross River and Ondo states, targeting

African News Latest News

Premier Foods Limited recognized as Kenya’s Most Preferred Food Manufacturing Company

KENYA – Premier Foods Limited (PFL), the manufacturer behind the renowned Peptang, PEP, and Orchid Valley brands, has been named Kenya’s Most Preferred Food Manufacturing

African News Latest News Mergers, Acquisitions & Partnerships

Fresh Del Monte enters avocado oil market with Avolio acquisition

UGANDA – Fresh Del Monte Produce Inc. has acquired a majority stake in Avolio, a Uganda-based supplier of bulk crude and cold-pressed avocado oil.  The

African News Latest News Regulatory & Policy

African Coffee Roasters launches Kenya’s first certified organic coffee

KENYA – Kenya’s coffee industry has reached a major milestone with the launch of its first certified organic coffee under the Traceable Organic Coffee from

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TECO Group debuts dual-purpose screw press, digester for palm oil processing at Agrofood & Plastprintpack Nigeria

NIGERIA – TECO Group has introduced a new dual-purpose screw press and digester designed to enhance palm oil processing efficiency for small-scale farmers.  The machine,

African News Latest News New Technology

AquaFedha launches to bridge Africa’s aquaculture financing gap

KENYA – AquaRech Ltd has launched AquaFedha, Africa’s first credit finance product tailored for small and medium-sized fish farmers, to address the critical funding challenges

African News Divestments, Investments & Funding Latest News

West Africa secures US$11.78M grant to boost rice production, reduce import dependency

WEST AFRICA – The African Development Bank (AfDB) and the Economic Community of West African States (ECOWAS) Commission have formalized a funding agreement aimed at

African News Divestments, Investments & Funding Latest News

Opportunik Global Fund launches US$1M Private Credit initiative at Nigeria Food Summit 2025

NIGERIA – Opportunik Global Fund has introduced a US$1 million Private Credit Fund aimed at supporting chefs and food entrepreneurs in scaling their businesses. Launched

African News Divestments, Investments & Funding Latest News

AfDB unveils US$500M facility to unlock US$10B for African agriculture

AFRICA – The African Development Bank (AfDB) has announced a US$500 million facility designed to unlock US$10 billion in financing for smallholder farmers and agribusinesses

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Nigeria strengthens cold chain infrastructure to boost food security

NIGERIA – The Federal Government has reaffirmed its commitment to enhancing cold chain infrastructure in Nigeria to improve food security and reduce post-harvest losses.  Minister