Africa Archive

Africa agribusiness, a US$1 trillion business by 2030

Johannesburg, South Africa, 09 November, 2018 – As project sponsors, borrowers, lenders and investors gathered at the Africa Investment Forum to make deals on investment opportunities, leaders of the continent’s  top agribusiness companies shared their thoughts on the future of the industry. With its vast agricultural potential, Africa’s agribusiness sector is predicted to reach US$1

The Trade and Development Bank and USAID Sign MoU to Power Africa

Johannesburg, November 7, 2018 – The Eastern and Southern African Trade and Development Bank (TDB) and USAID’s Power Africa initiative have today signed a memorandum of understanding (MoU) that will finance power projects in 22 African countries. The memorandum was signed at African Development Bank’s inaugural Africa Investment Forum, where emphasis on investment is at

Africa Investment Forum: All Set to Tilt the Tide of Investments into Africa

Forum to advance projects to bankable stages, raise capital, and accelerate financial closure of deals   JOHANNESBURG, South Africa, 05 November, 2018 – The Africa Investment Forum kicked off on Monday with a media briefing in the South African capital. The game changing event, aimed at attracting multi-billion-dollar deals across the continent, is set to

Kilitch Drugs plans to start manufacturing operations in Ethiopia, Africa

Commercial production to commence from next financial year   Mumbai October 24, 2018 – Kilitch Drugs, one of the leading listed pharmaceutical Indian exporters is all set to boost its expansion plans in Africa with its first manufacturing plant in Addis Ababa, the capital city of Ethiopia. The company has been successfully operating in the

Aeris and Altizon Partner to Deliver Industrial Internet of Things Solutions for the Manufacturing Sector in India, ASEAN, Middle East and Africa

Partnership to Leverage Altizon’s IIoT Technologies and Aeris’ IoT Services Platform to Expand Availability of Robust and Distinct IoT Solutions for Manufacturing Enterprises SCOTTS VALLEY, PUNE and DELHI, India, Sept. 18, 2018 – Aeris, a preferred Internet of Things (IoT) technology partner for the enterprise, and Altizon, a global industrial IIoT (Industrial IoT) platform company

“Africa is the place to be,” African Development Bank President tells Chinese business leaders at the China-Africa forum

Beijing, China, 5 September 2018 – The President of the African Development Bank, Akinwumi Adesina, has urged Chinese business leaders to attend the Africa Investment Forum scheduled to take place in Johannesburg, South Africa, from 7-9 November 2018. Adesina made the call while addressing delegates at the 6th Conference of Chinese and African Entrepreneurs, which took

Could the future of food in the world depend on what Africa does with agriculture?

Addressing a standing room only crowd of global agriculture experts at the FAO headquarters in Rome, 2017 World Food Prize Laureate and President of the African Development Bank, Akinwumi Adesina,says the answer is a resounding yes! He believes Africa does not need aid but disciplined investments. According to this grandson of a subsistence farmer, he

Project calls for women entrepreneurs in Africa to build region’s first intelligence network

Wageningen, Netherlands, 27 July 2018 VALUE4HER a new CTA project will empower women entrepreneurs working in the agricultural sector – agripreneurs – by giving them the skills, knowledge and access to markets, finance and services they need to build their businesses. The project is calling for women-led agribusinesses to register to become part of the

The Facility for Agricultural Finance in Africa receives FAPA donors’ approval seal

Abidjan, Côte d’Ivoire, 24 July 2018 – By 2030, it is estimated that Africa’s urban food markets will be valued at US$1 trillion. Despite this potential, the sector substantially lacks financial investment. The share of commercial bank lending to agriculture remains very low, ranging from 3% in Sierra Leone, 4% in Ghana and Kenya, 6%

Governments must move to harness game-changing potential of drones in Africa in order to bolster security and millions of jobs

Brussels, Belgium, 5 June, 2018: Drones can save lives, provide hi-tech rural jobs, and ensure developing countries take a major step forward towards self-sufficiency in food production – but only if governments come up with enabling national regulations governing their use. That is the joint message from agriculture specialists CTA and agricultural drone pioneers Parrot-Airinov.