Crops have been plentiful in recent months for Kizito Edward, a 29-year-old smallholder who plants maize, coffee, and bananas on his small farm in Buikwe in central Uganda. The relative bounty has allowed him to finish construction on his family home, pay his son’s school fees and even buy a
Agribusiness
Goodwell leads $2.05m equity round in East Africa Fruits
East Africa Fruits, a Tanzanian company addressing food distribution challenges to improve efficiencies in the farm-to-market sector, has closed Series A equity funding totaling $2.05m. The fundraising round was led by Goodwell Investments with participation from FINCA Ventures and elea. The combined $3.1m in Series A equity and debt capital will help the company to
Kenya’s tea production reaches all time high but faced depressed demand
KENYA – Kenya has recorded an all-time high Tea production in the month of March this year after registering more than 55.7 million kilograms against 26.5 million kilos reported during the same period in 2019. A similar high monthly output was previously recorded in December 2018 and January 2016 at 51.8
VAELL offers farmers 50 trucks for logistics
Vehicle and Equipment Leasing Limited (VAELL) has deployed 50 trucks to offer smallholder farmers affordable logistical services for their produce. Through its agricultural arm dubbed TingA, the initiative targets 12 agricultural-rich counties. These services, which will also apply to small and medium enterprises, will see transport charges slashed by 35
Ivory Coast cocoa farmers fear low output after below-average rainfall
ABIDJAN (Reuters) – Below-average rainfall in Ivory Coast last week has raised fears of a cocoa supply shortage in the coming months and a weak end to the April-to-September mid-crop, farmers said on Monday. The world’s top cocoa producer relies on regular downpours during the rainy season from mid-March to
Uganda to export sugar to Tanzania
KAMPALA, April 28 — Uganda is making final deliberations in trading off its surplus sugar to neighboring Tanzania with the first consignment of 20,000 tons being agreed upon. A State House statement issued on Tuesday said the consignment of brown sugar will be exported to Tanzania by the end of
Kenya – coffee, tea auctions ordered to go digital
The Ministry of Agriculture will not renew the trading licences of the tea and coffee auctions if they fail to permanently migrate trading to an online platform in two months. Agriculture Secretary Peter Munya has asked Mombasa tea auction and the Nairobi Coffee Exchange (NCE) to move to digital trading,







