agribusiness
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News
Refugees excited over extension of financial services to settlement
KIKUUBE, August 19, 2024 — Refugees in Kyangwali Refugee Settlement in Kikuube district are celebrating the recent extension of financial services to their area, a development they say will greatly ease their…
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News
GROW project funds misallocated, says Auditor General
KAMPALA, June 18, 2024 – Parliament’s Public Accounts Committee [PAC] has raised concerns over the utilisation of a Shs 803 billion [US$ 217 million] World Bank grant intended for the Generating Growth…
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Cooperatives & Communities
Agricultural development: USADF, Govt of Malawi renew US$ 7.5mln partnership
LILONGWE, February 14, 2024 – The U.S. African Development Foundation [USADF] and the Government of Malawi recently renewed a US$ 7.5 million strategic partnership to support the development of Malawian smallholder agricultural producers, cooperatives,…
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International
Access to finance, unfair taxation in focus at UN Women in Agribusiness Expo
KAMPALA, January 19, 2024 – As the United Nations [UN] Women in Agribusiness Expo in Kampala concluded on January 16, 2024, women entrepreneurs voiced concerns over the formidable challenges posed by inadequate…
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Cooperatives & Communities
Agribusiness should benefit from the attention of banks and institutional donors, experts say
MARRAKESH, November 14, 2023 – Banks, institutional partners and the private sector should invest heavily in agribusiness in Africa, a sector that suffers from a financing gap just as it becomes the…
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Northern
Chia farmers maximise profits with mechanisation
NWOYA – To maximise profits, farmers growing chia in Nwoya district have embraced mechanisation in planting and harvesting of the crop. Farmers hire machines [planters] at Shs 50,000 to plant an acre of…
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Western
aBi Finance injects Shs 120bln in green agribusiness
MBARARA -aBi Finance Limited in partnership with local commercial banks, Microfinance Deposit-taking Institutions [MDIs], and SACCOs has so far sunk Shs 120 billion in the agribusiness sector in form of cheap credit.…
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East Africa
Kenya: AfDB okays funds to support women and youth in agribusiness
NAIROBI – The African Development Bank [AfDB] has approved an equity investment of €18 million in the Africa Guarantee Fund [AGF] and another €1.2mln to support youth and women entrepreneurs engaged in…
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East Africa
Co-operative Bank raises Ksh 12.6bn for lending
NAIROBI-The Co-operative Bank of Kenya has raised a total Ksh 12.6 billion [US$ 100 million] in long-term debt from global institutional investors led by the German fund DEG, according to the local…
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International
US top 100 co-ops had joint turnover of US$ 255bln in 2021, report says
WASHINGTON-The top 100 co-ops in the US had joint turnover of US$ 255 billion in 2021, according to a report from National Cooperative Bank [NCB], marking an increase of 11 percent from…
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