Agribusiness – New Business Ethiopia

ITC expands East Africa, India business partnerships

January 28, 2019February 1, 2019 newbusinessethiopia

For the past few years Indian private sector has been partnering with East Africa countries on selected investment areas under a project initiated by the Geneva based International Trade Center (ITC).

BASF acquires Bayer’s vegetable seeds business

August 16, 2018August 16, 2018 newbusinessethiopia

BASF, a German chemical company with businesses across the world, today closed acquisition of Bayer’s global vegetable seeds business, mainly operating under the brand Nunhems®.

IFAD to assist Sudan’s rural transformation

July 5, 2018July 5, 2018 newbusinessethiopia

Sudan’s economic future may rest in the hands of its smallholder farmers. Two thirds of the country’s population (36.2 million people) live in rural areas and agriculture provides essential employment for 70-80 percent of the labour force.

Morocco agribusiness gets EUR 200 million

May 17, 2018May 17, 2018 newbusinessethiopia

The Board of Directors of the African Development Bank has approved EUR 200 million loan to support inclusive and Sustainable Development of Agricultural Value Chains in Morocco.

Korea helps to improve rural people lives in Cote D’Ivoire

May 9, 2018May 10, 2018 newbusinessethiopia

By Andualem Sisay Gessesse – Yamoussoukro, Cote D’Ivoire – Multiple projects financed by the Korean government and implemented by Cote D’Ivoire government agency specialized in rural development – ANADER – are improving the lives of the people in the rural areas of the country over the past few years.

Corporation launches Africalease to promote leasing in sub-Saharan Africa

April 26, 2018April 26, 2018 newbusinessethiopia

The International Finance Corporation (IFC), a member of the World Bank Group, today formally launches ‘Africalease’, an association that will promote leasing across sub-Saharan Africa in agribusinesses and transport, among others.

First African youth agribusiness forum held in Nigeria

May 2, 2017April 14, 2019 NBE

Youth from all over Africa came together in the first-ever African Youth Agripreneurs (AYA) Forum held in Ibadan, Nigeria last week.

Six African countries launch regional livestock development project

February 24, 2017March 31, 2017 NBE

Six African countries along with two international development partners launched a continental project- Africa Sustainable Livestock 2015 (ASL) to help them properly manage the sector.

Ethiopian pastoralists receive insurance compensation for livestock loss

February 20, 2017August 16, 2018 NBE

Oromia Insurance Company (OIC) on Saturday payout 1.6 million birr in livestock insurance compensation to 1,474 pastoralists in Borena and West Guji zones of Oromia Region.

Investing in the resilience of smallholder farmers key says FAO chief

January 27, 2017March 31, 2017 NBE

Press Release – Investing in the resilience of smallholder farmers is more important than ever if we are to maintain the food security gains now being threatened by the after effects of El Niño and La Niña, says Kanayo F. Nwanze, President of the International Fund for Agricultural Development (IFAD).

Tunisia receives funding to boost agriculture

January 26, 2017April 1, 2017 NBE

Some 110,000 people in five districts of Tunisia in the Governorate of Siliana, home to some of the country’s most disadvantaged people, are set to benefit from $24 million financing by the United Nations’ International Fund for Agricultural Development (IFAD).

Youth critical for Africa’s agricultural transformation

January 23, 2017April 1, 2017 NBE

More than 300 global and African thought leaders and youth agripreneurs will come together for The MasterCard Foundation’s second Young Africa Works Summit on February 16-17 in Kigali, Rwanda.