CAIRO – 13 September 2020: Chairman of the Internal Trade Development Agency Ibrahim Ashmawi attended on Sunday the signing of an MoU between the Egyptian company GRG and the Italian Sopria Holding Company. The latter is the owner of Crai Retail Modeling working in the sector of food processing retail.
Agribusiness
Agribusiness in Africa: Investor reveals which areas hold the most potential
AgDevCo is an impact investment firm specialising in agribusiness in sub-Saharan Africa. It has a portfolio consisting of over 40 active investments throughout the continent. How we made it in Africa speaks to Chris Isaac, chief investment officer at AgDevCo, about the continent’s agribusiness opportunities and the investment lessons he
Egyptian cheese maker Domty, FrieslandCampina partner to explore Africa’s cheese market
EGYPT – The Arabian Food Industries Company, popularly known as Domty has signed a Memorandum of Understanding (MoU) with Dutch dairy processor, FrieslandCampina to explore and undertake cheese export to African countries. Founded in 1988, Domty is an Egypt-based manufacturer and marker of a range of branded white and processed cheeses
Nigerian startup ColdHubs secures funding from FCMB after winning Agtech EPIC Pitch
NIGERIA – Nigeria based social enterprise ColdHubs has secured US$2,600 in prize money after emerging the winner of the FCMB Agritech EPIC Pitch 2020 competition. Apart from a monetary prize, the startup that specializes in developing solar powered walk in refrigerators, will also benefit from access to workspace and networks for
Kenya seeks warehouses in China for more sales
Nairobi has asked China to help it secure warehouses to boost greater penetration of Kenya’s fresh produce, including tea and flowers, in the world’s most populous country. The Kenya Export Promotion and Branding Agency (Keproba), the parastatal tasked with marketing Kenyan goods, says the storage facilities will help ease market
Kenyan government receives bids from private institutions for five State-owned sugar firms
KENYA – The government of Kenya approved the leasing of five state owned sugar factories last month July, in a bid to increase value addition, farmers’ incomes and improve competitiveness and service delivery in the sugar Sector. The factories will be leased through long term leases of at least 20 years
Microsoft invests R40m into South Africa’s agricultural sector
Microsoft South Africa plans to invest up to R40-million to bolster the use of technology as an enabler to tackle the challenges facing South Africa’s agriculture sector. The investment aims to drive sustainability in the agriculture sector for South Africa’s smallholder farmers, which have significant potential to drive growth and







