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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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Diageo appoints Kavita Hans as General Manager for West, Central Africa

AFRICA – Diageo has announced the appointment of Kavita Hans as the new General Manager for West and Central Africa, including Diageo Nigeria Limited (DNL). 

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Diageo appoints Hina Nagarajan as President of Africa

AFRICA – Diageo has appointed Hina Nagarajan as the new President of Diageo Africa, effective April 1, 2025.  Nagarajan, who recently transitioned from her role

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AfDB, Standard Bank collaborate to enhance SMME financing and boost African trade

AFRICA – In a move to bolster small, medium, and micro enterprises (SMMEs) and enhance trade across Africa, the African Development Bank Group (AfDB) and

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AGRA, GCF join forces to curb food loss and strengthen climate resilience in Africa

AFRICA – The Alliance for a Green Revolution in Africa (AGRA) has partnered with the Green Climate Fund (GCF) to implement a large-scale initiative aimed

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Foodpreneurs Hub to launch Africa’s first online School of Food Technology

AFRICA – Foodpreneurs Hub is set to break new ground with the upcoming launch of Africa’s first online School of Food Technology, a comprehensive digital

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Cohort 2 of Food Business Funding Program kicks off

AFRICA – Foodpreneurs Hub proudly announces the start of Cohort 2 of its Food Business Funding Program, a transformative initiative for food entrepreneurs in sub-Saharan

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Alice Ruhweza appointed President of AGRA

AFRICA – The Alliance for a Green Revolution in Africa (AGRA) has announced the appointment of Alice Ruhweza as its new President, effective March 1,

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Foodpreneurs Hub supports African food startups with new funding program

AFRICA – Foodpreneurs Hub recently launched its flagship Food Business Funding Program, designed to bridge the gap between food science and business while equipping entrepreneurs

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OPEC Fund invests US$40M in sustainable agriculture for Africa

AFRICA – The OPEC Fund for International Development (OPEC Fund) has announced a US$40 million loan as part of a US$394 million sustainability-linked financing package