Market News | FoodAgro Kenya 2020

Market News

  • New Investment Plans For Agribusiness In Africa

    Posted on :Monday , 18th November 2019

    Africa is currently the second most populous continent in the world, its current population is 1.2 billion. This growing population of Africa could reach 2 billion by 2030 and 2.5 billion by 2050 as per the United Nations projections. This shows that one in five consumers globally will be African.

     

    Africa’s agribusiness sector is expected to reach $1 trillio. . .

  • Twiga’s Mobile By Kenya Raises $30m For West Africa’s Growth

    Posted on :Friday , 1st November 2019

    Twiga’s mobile platform connects retailers with farmers and food manufacturers. These makes food economical and more accessible to a region with a growing population and food crisis.

     

    This leads to increase $23.75m in equity from Goldman Sachs and existing VC investors the international Finance Corporation (IFC), TLcom Capital, Wamda Capital and Creadev, as . . .

  • Ethiopia And Kenya Set To Explore Bilateral Grain Trade Opportunities

    Posted on :Wednesday , 30th October 2019

    A Kenyan delegation will convene in Addis Ababa, Ethiopia on 22nd to 25th October 2019 on a grain trade mission to explore business opportunities for grain trade and processing between Ethiopia and Kenya.

     

    It will help to bridge cross border trade gap and enhance food security.

     

    Efforts to increase intra-regional trade between Ethiopia and East African Commun. . .

  • Tanzania's Bakhresa Group Rebranded Its Azam Wheat Flour Into Multipurpose Flour To Boost Market Penetration

    Posted on :Tuesday , 8th October 2019

    The Corporate Affairs Director at Bakhresa Group, Mr Hussein Sufian, said that the rebranding coupled with the expansive production capacity of 2,750 tonnes per day, guarantees sufficient wheat products for the domestic market and surplus to be exported to the regional markets.

     
    The group operates one of the largest flour mills in Tanzania and exports its wheat flour. . .

  • Kenya Partners With South Korea To Increase Productivity.

    Posted on :Wednesday , 21st August 2019

    The government of Kenya has partnered with South Korea on an agricultural mechanisation project that seeks to increase productivity.

    The governments will work jointly under the Korea Africa Food and Agricultural Corporation Initiative (KAFACI) project, which is targeting small-scale farmers.

    T. . .

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