There has been an increased interest in investing in Africa over the past 20 years. The GDP for sub-Saharan Africa, an area where 10 of the poorest countries reside, rose from $396 billion in 2000 to $1.69 trillion in 2017. Investors are taking notice of
To strengthen agriculture, the most important sector of the African economy, Sterling Bank brings together policymakers, development agencies, international financial institutions, and value chain players on the continent through Agriculture Summit Africa, slated for September 5 and 6, 2019, in Abuja. The international summit themed
More than 70% of Kenya’s employed population and 64% of small to medium-sized enterprises are in the agriculture sector, while 99% of exports are agricultural products. Allocating only 3% of the budget to agriculture is “the height of confusion”, argues Amana Capital in its half-year
Resilience must be boosted in Africa in response to climate change, according to participants at the high-level Africa Food Security Leadership Dialogue hosted by the Government of Rwanda in Kigali (5-6 August), in partnership with the Food and Agriculture Organization of the United Nations, the
Executives will gather to trade agricultural inputs and discuss investment, partnership, and innovation across the African supply chain. The premier fertilizer marketplace returns to Cape Town International Convention Centre from 1-3 October 2019. The three-day conference is now established in the fertilizer trading calendar and
President Muhammadu Buhari yesterday restated the commitment of his administration to create jobs for the youthful population of Nigeria. He stated this during an audience with Guy Ryder, the Director-General of the International Labour Organisation (ILO). Buhari said in the last four years, his government
A selection of African private equity deal, fundraising and exit announcements that came across our desk in July 2019. DEALS Mediterrania Capital Partners has announced the acquisition, through its third fund, MC III, of a stake in Aziza, a private Tunisian company operating in the food retail sector.
Onyeka Akumah, Founder and CEO, Farmcrowdy, at the unveiling ceremony in Lagos, said the platform was launched to foster a broader avenue for economic growth and build a system that will span across Nigeria and the rest of Africa. He said: “We have been able
OCP Africa, a subsidiary of the OCP Group, a leading global producer of phosphate and its derivatives, has successfully launched its agro school lab initiative known as the ‘OCP School Lab(OSL)’ at Ejura in the Ashanti Region, to support smallholder farmers. The OCP School Lab
Within one month of the meeting between President Cyril Ramaphosa and President Xi Jinping at the G20, China has announced that it is lifting the ban on South African beef exports to China. This will be a major boost to South Africa’s economy given that