Africa’s agriculture sector can emerge as the food provider to the world by implementing better policies… After years of neglect, Africa’s agriculture sector is finally being recognised as a powerful driver of the continents growing economy. Agriculture and the business of buying and selling agricultural produce grown in Africa now accounts for nearly half the
Category: East Africa
Al Futtaim Eyes East African Market
Seen by many as a sign of a new business trend, Gulf Arab companies are increasing their direct investments in Africa with an eye on the continent’s huge untapped resources and rapidly expanding rising middle-class with increasing disposable incomes. The new interest in the African markets by GCC nations is seen as a shift away
Rwanda to set up wholesale market for potato farmers
Rwanda will set up a wholesale market in Kigali for the benefit of potato farmers in the country. To be built in the Gisozi area of the capital city, the market’s aim will be to provide farmers with a guaranteed market for the popular Irish potato crop, tackling price uncertainty and simultaneously promoting the export
Irrigation project to come up in Rwandan province
The government of Rwanda and Howard G Buffett Foundation have signed a US$24mn partnership deal to fund the development of irrigation infrastructure in Kirehe district in the country’s Eastern Province. The project is set to start next week over 1,280 ha of land in the Nosha sector of Kirehe district. The area is drought-prone and
New Holland launches T6 Series tractors in Kenya
New Holland Agriculture has launched the new four-model TS6 Series tractor range in the Kenyan market. At the launch in Kisumu in western Kenya, Federico Bellotto, business director for Africa and Middle East at New Holland, said that the new line of TS6 Series tractors “are customised to operate in the tough conditions here in
Online trading platform for commodities in Ethiopia
Ethiopia Commodity Exchange (ECX) has inaugurated its online trading platform, simply called eTRADE Platform. The new online trading platform has the capacity to trade nearly 5,000 times more transactions than ECX’s current ‘pit trading’ platform. The eTRADE platform was developed entirely by the Exchange over the past two years and is expected to dramatically increase
China funding agriculture research lab in Kenya
The Chinese government is funding a laboratory at a Kenyan university that will train students and conduct agricultural research. The lab will come up in Egerton University which has its main campus in Njoro in south-western Kenya. A crop molecular laboratory is under construction in the campus, in collaboration with China’s Nanjing Agricultural University, for
Uganda to get agriculture assistance from FAO and China
FAO, China and Uganda have signed a two year agreement worth almost US$2.5mn to support small-scale farmers in Uganda The agreement marks the second phase of a partnership that was established in 2012 to make training and technical advice available to the Ugandan agriculture sector. It will help farmers in the African country boost their
Chinese firm to set up fish processing plant in Kenya
A Chinese company has signed an agreement with a Kenyan regional government to set up a fish processing plant at the cost of US$9mn China’s Beijing Xidan Company Limited will build an ultra-modern fish processing plant in Naivasha in the Nakuru country, about 120 km northwest of Nairobi. Kinuthia Mbugua, governor of Nakuru county, said
Construction begins on East Africa’s largest port
Construction on Tanzania’s Bagamoyo Port is finally underway, and when completed, will be the largest port in East Africa The project covers 2,400 hectares and is expected to take around seven years to reach completion, said officials in the government. The mega project is being funded by China Merchants Group and Oman’s State Government Reserve
Port Sudan a centre of industry, logistics and export
Port Sudan – lying on the spectacular Red Sea coast – is a logistics hub that holds a visionary investment park and a key oil refinery, as well as acting as a strategic maritime gateway and potential tourism destination Every year from Port Sudan – home to Sudan’s main seaport – around $4 billion worth
A plan to power the country
Following the Gulf funded extension of the Roseires Dam in 2013, Sudan is further looking to harness the country’s huge hydropower potential in order to boost power generation, while investment opportunities in renewables are also available Provision of basic services such as electricity remains closely linked to economic growth. Electricity services are particularly essential, and
Queen Bee shows women the way in business
Having built a highly successful company in ‘Bee Group’, Widad Yakoub Ibrahim is one of Sudan’s most influential women, and has used her position inspirationally to help empower people throughout the country. The characteristics of honey bees are well known; highly organized; highly active and highly productive. Having strongly identified with such values, Widad Yakoub
Sudan makes remarkable progress in growth, stability and making business easier
Khartoum’s doors open for international investment amidst wealth of opportunities Safety and security may not be the first words that come to mind when thinking about Sudan, especially given the portrayal the country gets from global media coverage. But the reality of the situation is that they should be. Sudan is a modern, dynamic, safe
Kenya: An African financial centre
Mr. Habil Olaka CEO of the Kenyan Bankers Association CEO of the Kenyan Bankers Association Mr. Habil Olaka talks to United World about the role played by the banking sector in the country’s remarkable growth and the plans for the future of the industry in Kenya, including a move to create the Nairobi International Financial
Kenya Tourism Board Wins Accolades
After scooping numerous accolades at this year’s “travel Oscars” – The World Tourism Awards – including number one safari destination and best African airline, the Kenyan Tourism Board, which was also voted the world’s best for the second year in a row, is now aiming to win the prize for a third consecutive year by