Tanzania is planning to build massive grain storage facilities and distribution centres in Mombasa to help market the country's surplus food supplies. The projected big silos will make it easier for Kenya and Tanzania to trade surplus food supplies. The investment will boost bilateral trade, which was worth US$905.5 million in 2021. Tanzania has high ambitions for grain storage facilities, as it currently has two grain storage.... Read more »

Posted on : Wednesday , 2nd March 2022

DOB Equity, one of the leading Dutch family-backed impact investors in East Africa, has announced an additional investment in Tanga Fresh, a Tanzanian dairy processor.DOB's additional investment is expected to assist Tanga Fresh in expanding its production in the long-life milk market. East African consumers are increasingly shifting away from fresh milk and toward long-life milk, presenting a significant opportunity for market growth.Tanga.... Read more »

Posted on : Tuesday , 1st February 2022

As part of its COVID-19 response in Tanzania, the International Fund for Agricultural Development (IFAD) is seeking funds in the amount of US$882,841. The assistance, which will be provided through the Rural Poor Stimulus Facility (RPSF), would benefit 6,240 vulnerable small-scale farmers in rural Tanzania. The IFAD award will assist farmers in gaining access to inputs, establishing market connections, and gaining access to.... Read more »

Posted on : Wednesday , 29th December 2021

Kenya's horticulture export revenues increased by 6.4 percent to Ksh 8.7 billion (US$77 million) in the 11 months to November 2021, owing to increased demand for Kenyan produce on the global market as export destinations continue to relax in Covid-19 stipulations. Kenya earned Ksh145.4 billion (US$1.29 billion) for the period under review, up from Ksh136.7 billion (US$1.2 billion) the previous year, according to the Horticultural Crops.... Read more »

Posted on : Wednesday , 29th December 2021

Prof Siza Tumbo, the Deputy Permanent Secretary at the Ministry of Agriculture, said the Tanzanian government was working with a variety of partners to combat climate change in the agriculture sector. As a first mitigation strategy against climate change, he stated that Tanzania was dedicated to ensuring an appropriate supply of inexpensive, nutritious food was kept for the population. Second, irrigated farming is being promoted in.... Read more »

Posted on : Friday , 26th November 2021

ADAPTA, Africa's first climate adaptation credit facility for agriculture, was started in Kenya with support from the Bill and Melinda Gates Foundation of USD 1.5 million for Phase I. ADAPTA will create and test a cutting-edge loan underwriting platform that blends agricultural technology and climate-smart agriculture. To unlock finance for farmers and Agri-SMEs, ADAPTA proposes to employ climate scoring algorithms to change how banks.... Read more »

Posted on : Friday , 26th November 2021

Tanzania's agro-industrial education and agro-management skills will receive a $250 million (Sh575 billion) investment from Aie Holding Ltd. The company, which was founded in Tanzania last year, plans to invest in agricultural education, logistics, a vegetable oil plant, a feed mill, packing and storage, solar power, a cattle farm, a poultry farm, a fish farm, field crops, tropical fruit concentrate, solar power, and wastewater treatment,.... Read more »

Posted on : Monday , 25th October 2021

A new investor is interested in Sanergy. The U.S. Company is promoting an innovative approach to the circular economy in developing countries, including Kenya. The Japan International Cooperation Agency (Jica) is investing $2.5 million in Sanergy’s capital. This equity investment will enable Sanergy to provide more fertilizer for agriculture and insect protein for animal feed. In Kenya, Sanergy already has a faecal sludge treatment plant.... Read more »

Posted on : Monday , 25th October 2021

The rules for drinking wines and spirits were once pretty simple. Drink what you know. But in this time where consumers are trading up to more expensive and uncommon brands, do not assume you know what your favourite tipple tastes like.It is this desire to enjoy food and drink that is opening new opportunities for wine and spirits investors from France, seeking a bigger share of the Kenyan market.Nineteen French wine and spirits producers and.... Read more »

Posted on : Monday , 27th September 2021

Djibouti-based African businessmen have indicated interest in establishing a state-of-the-art abattoir in Ethiopia. The statement was made during a three-day investment mission to Ethiopia, which was targeted at assessing and adding value to Ethiopia's large and untapped livestock potential. During their visit, the investors met with high-ranking government officials, relevant authorities, and Ethiopian private sector representatives,.... Read more »

Posted on : Wednesday , 22nd September 2021

Tanzania agriculture investment potential will be highlighted in Nairobi, Kenya, at the worldwide Agricultural Green Revolution Alliance (AGRA) Summit. Tanzania will showcase and propose investment prospects and priorities in agribusiness during the summit in order to attract investors to the industry. Tanzania has immense potential to become a major food producer, manufacturer, and exporter. What we need to do is boost.... Read more »

Posted on : Wednesday , 22nd September 2021

The Kenya Climate Smart Agriculture Project (KCSAP), in collaboration with the Kajiado County government, has donated seedlings, farm machines, Sahiwal cattle, and Dorper sheep to farmers in Oleikaitoriori, Ildala Lekutuk ward to enable them to adopt contemporary farming practises. Improved manual hay bailers, fodder choppers, powered back pack weeders, and brush cutters are among the farm machines given. Farmers affiliated with 11.... Read more »

Posted on : Friday , 27th August 2021