News And Events
Côte d’Ivoire secures USD 28M investment to boost cashew processing industry
Abidjan, Côte d’Ivoire Côte d’Ivoire secures USD 28.7M investment to boost cashew processing industry from three foreign companies, marking a significant step toward boosting local processing capabilities. The investment deals were finalized during the Cashew Sector Investment Forum, held by the CCA on September 23 in Abidjan. TORQ Commodities, a UK-based commodity trader, committed USD 10 million to the project.
FAO reaffirms support for Africa’s Post-Malabo Agenda
Syracuse, Italy. The Food and Agriculture Organization of the United Nations (FAO) on Thursday reaffirmed its commitment to supporting Africa beyond 2025. The Director-General was invited to participate in a G7 panel session with agriculture ministers in Syracuse, Italy, on how best to support Africa’s post-Malabo agenda. Agreed by African heads of state and government at the 2014 African Union
African Development Bank grants $129 million loan to agricultural project generating decent jobs for young people
Abidjan Côte d’Ivoire. The Board of Directors of the African Development Bank Group on 20 September 2024 approved a $129.71 million loan to Tanzania for the implementation of a youth-focused agribusiness program. The loan will fund the first phase of the “Building a Better Tomorrow: Youth Initiatives for Agribusiness” program, which aims to create business opportunities and jobs for young
DeSIRA CONNECT Days in Accra, Ghana
Accra, Ghana | September 24-26, 2024 We are pleased to invite you to the DeSIRA CONNECT Days Western Africa, Central Africa & Madagascar, which will occur from September 24 to 26, 2024, at the ISSER Conference Hall, University of Ghana, Accra. This event is organised by the European Commission through the DeSIRALIFT initiative and the Forum for Agricultural Research in
Sierra Leone Secures $100 Million AfDB Investment to Transform Agriculture and Tackle Food Insecurity
Freetown, Sierra Leone Sierra Leone is ramping up investments to position itself as a key player in the global food export market. Located near major cocoa-producing countries like Côte d’Ivoire and Ghana, and sharing a similar climate, Sierra Leone has strong potential to become a significant exporter of commodities such as cocoa, cashew, rice, and cassava. However, the country faces
AfDB Approves USD 102.79 Million for Agricultural Development in Guinea, Senegal, and Togo
Abidjan, Côte d’Ivoire The African Development Bank Group (AfDB) has approved $102.79 million in funding for a pioneering initiative aimed at promoting sustainable agriculture across Guinea, Senegal, and Togo. This substantial investment will bolster the Multinational Program for Promoting Sustainable Agricultural Value Chains in Special Agro-Industrial Processing Zones (SAPZ), focusing on areas like climate change adaptation and renewable energy integration.
Innovation Platforms: A Tool for Fostering Agricultural Sustainability in Ghana
written by: Mabel Shu Lum[1], Benjamin Abugri [2]& Abdulrazak Ibrahim [3] In Africa, the agriculture sector contributes to the economic development and livelihood improvement of a majority of the population. In 2022, this sector contributed 17% of sub-Saharan Africa’s GDP. As a continent with a vibrant youth population and productive land, Africa possesses the potential to provide sufficient and nutritious
Gabon introduces five new rice varieties to boost local production, reduce imports
GABON – The Gabonese National Program for Selection and Varietal Improvement-Seed Production (PNSAV-PS) has successfully developed five new rice varieties tailored to Gabon’s unique soil conditions promising to enhance food security and reduce the economic burden of rice imports. This milestone was achieved through a collaborative effort with the Japanese International Cooperation Agency (JICA), AfricaRice, and Kafaci, a South Korean
Ethiopian Industrial parks ordered to begin transition into Special Economic Zones
By Ashenafi Endale, August 31, 2024 The management teams of the country’s industrial parks have been given short notice to transition into Special Economic Zones following the federal government’s policy change. Officials at the Ethiopian Investment Commission (EIC) revealed details of the transition plans during a recent round of discussions with foreign investors operating in the flagship Hawassa Industrial Park
Academia seeks private sector collaboration for research implementation
By: Rachel Kakraba A Postharvest Technology Specialist, Department of Crop Science, University of Ghana, Dr. Gloria Essilfie, has rallied support of the private sector to partner academia in implementing research findings. This she said is critical to national development as many valuable research outcomes which could propel national development remain untapped. Dr. Essilfie who is Project Lead, “Enhancing the production and
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