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The Latest Hip African Coffee? Nespresso Says It’s Zimbabwe Brew

The Latest Hip African Coffee? Nespresso Says It’s Zimbabwe Brew

As single-origin beans from nations like Ethiopia and Kenya gain in popularity, Nespresso is poised to add Zimbabwe to the list of trendy African coffees. The unit of Nestle SA plans to start selling limited-edition Zimbabwe capsules in May in 15 countries including the U.S. and the U.K., according to Chief Executive Officer Jean-Marc Duvoisin. […]

Zimbabwe pays $200m to ex-commercial white farmers

Zimbabwe pays $200m to ex-commercial white farmers

Government has so far paid $200 million as compensation to former white commercial farmers whose land it acquired for resettlement, but was protected under the Bilateral Investment Promotion and Protection Agreements (Bippas). The payment of the compensation is part of efforts to send a positive message to foreign investors over private property rights. It comes […]

African Development Bank President Adesina calls for emerging agriculture technologies to optimize farmers’ output

African Development Bank President Adesina calls for emerging agriculture technologies to optimize farmers’ output

The President of the African Development Bank Group (www.afdb.org), Akinwumi Adesina, has made an urgent call to give farmers across the continent new technologies with the potential to transform agricultural production. Adesina said the technology transfer was needed immediately and that evidence from countries like Nigeria demonstrated that technology plus strong government backing was already […]

Could Oil Overtake Agriculture as East Africa’s Economic Giant?

Could Oil Overtake Agriculture as East Africa’s Economic Giant?

Holger A. Kray is the lead agricultural economist for Africa in the World Bank’s Agriculture Global Practice and head of the Africa Agricultural Policy Unit, which carries out and oversees economic and other policy work related to agriculture in the region. The World Bank economist was in Uganda and spoke to Charles Mpagi on the […]

First-ever Nutrition Africa Investor Forum to discuss tackling malnutrition by attracting private sector investment into the dynamic African food industry

First-ever Nutrition Africa Investor Forum to discuss tackling malnutrition by attracting private sector investment into the dynamic African food industry

The Global Alliance for Improved Nutrition (GAIN) (www.GainHealth.org) – an international organisation founded by the Bill and Melinda Gates Foundation and driven by the mission of a world without malnutrition- is hosting the first-ever Nutrition Africa Investor Forum (NAIF) in Nairobi, Kenya, on October 16-17, to invite and engage private sector investors to play a […]

Nigeria Becomes World’s Poverty Capital – Report

Nigeria Becomes World’s Poverty Capital – Report

Nigeria has now taken over as the nation with the highest number of extremely poor people, a report by Brookings Institution has shown. Before now, India used to hold the position with a population of 1.324 billion people as against Nigeria’s 200 million. According to the report, the number of Nigerians in extreme poverty increases […]

Smelling the Coffee Gets Harder for Kenyans to Do

Smelling the Coffee Gets Harder for Kenyans to Do

Kenyan legislator Moses Kuria has planned a motion in parliament that will discuss a bill that will ban the export of raw coffee compelling Kenyan companies to process the local produce thereby increasing the sale price and creating employment. The bill according to the MP will sort out the perennial loss of income to small […]

Gabon’s sacred plant ‘Iboga’ under threat of extinction

Gabon’s sacred plant ‘Iboga’ under threat of extinction

Iboga, is one of the world’s strongest psychedelic drugs. Used to induce deep hallucinogenic trances, the plant mostly grown in Gabon is under the threat of extinction. In Oyem, a town located about 372 km from Libreville, a farmer, Hervé Omva has given himself a challenge: to industrially grow this plant, which is used to […]

Ivory Coast Govt Wants Bigger Piece of Chocolate Profits

Ivory Coast Govt Wants Bigger Piece of Chocolate Profits

For many years, Ivory Coast has been the world’s largest producer of cocoa. Most of it leaves the country in bulk and ends up in Europe, where it gets turned into fine and expensive chocolate, fetching up to 50 times the price of the raw cocoa. Chocolate is the world’s favorite comfort food. Two-thirds of […]

Euro 100 Million for Supporting Cotton in Cameroon by the International Islamic Trade Finance Corporation (ITFC)

Euro 100 Million for Supporting Cotton in Cameroon by the International Islamic Trade Finance Corporation (ITFC)

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IDB) Group (www.IsDB.org), signed a EUR 100 million syndicated agreement with the Government of Cameroon and Sodecoton as the Executing Agency for the export of cotton and the import of agricultural inputs. The Agreement was signed by HE Louis Paul […]

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