AfDB Board Approves $134 Million Loan to Boost Local Food Production

Aug 29, 2022

The Board of Directors of the African Development Bank Group ,on Friday approved a $134 million loan for the National Agriculture Growth Scheme – Agro Pocket program in Nigeria to scale up food production and boost livelihood resilience. The program will support...

Show Me Your Food Systems Budget

Jul 13, 2022

In announcing the US Budget for 2023, President Biden said “My dad had an expression. Don’t tell me what you value. Show me your budget, and I’ll tell you what you value.” In the follow up to the UN Food Systems Summit, national policymakers are building...

New cocoa processing factory to be built by JB Foods in Ivory Coast

Jun 28, 2022

JB Foods, an SGX-listed company, is adding a new factory to its existing processing facilities for cocoa beans in Abidjan, Ivory Coast. The corporation will first invest roughly EUR 60 million ($87.8 million) in the nation as part of its expansion plans, which also...

East African countries take steps towards continental free trade

Feb 25, 2022

On Friday, 18 February 2022, the East African Community (EAC) countries took a giant stride ahead by approving the bloc’s tariff offer for category A products worth $90.2 billion. It will be liberalised in ten years when the African Continental Free Trade Area...