30 results
- 22 Dec 2019
Stakeholders in Agribusiness Seek Robust Payment System to Stimulate Growth
Stakeholders in the Agribusiness have emphasized that adequate payment system in the sector would transform and create a movement that will change the ecosystem and make it more profitable for…
- 29 Sept 2021
IFC, Africa Re Partnership Boosts Insurer’s Capacity to Underwrite Agribusiness
Insurance Companies in Nigeria and Africa have acquired capacity to underwrite agribusiness towards the support for food security in the continent following a partnership deal between Africa…
- 31 May 2016
Technological Innovation Catalyst in Boosting Africa’s Agribusiness Sector- PwC
Agriculture is currently standing on the edge of a second green revolution. This revolution will entail fundamental shifts in how the agricultural sector utilises and implements innovative technology…
- 19 Dec 2013
DHL Says Agribusiness Set to Boom in Africa
It is no secret that Africa is on the rise and increasingly offering lucrative opportunities to local businesses due to the continent's steady economic growth, increased disposable income and high…
- 5 Jul 2021
Abdulhameed: Global Recognition for Passionate Agribusiness Technocrat
By Cletus Adole “A leader is one who knows the way, goes the way, and shows the way”. —John Maxwell The recent announcement that Mr Aliyu Abdulhameed, MD/CEO of the Nigerian Incentive-Based Risk…
- 28 Aug 2019
WAAS will Enhance Agribusiness, Grow GDP Across West Africa - Asenuga
The need for West African countries to come together to showcase the rich agricultural heritage of their sub-continent and contribute to its Gross Domestic Product (GDP) are the focus of the West…
- 26 Oct 2014
IFC, ARM Capital Partner to Strengthen Nigeria’s Agribusiness Sector
IFC, a member of the World Bank Group, and ARM Capital Partners, the manager of ARM Private Equity Fund, announced a joint $9.5 million equity investment in Boulos Foods and Beverages Limited to…
- 22 Sept 2017
EU–Nigeria Forum to Explore Investment Opportunities in ICT, Agribusiness
The European Union-Nigeria Business Forum will expose attendees to investment opportunities in the information and communication technology (ICT) and agricultural sectors in Nigeria. During a press…
- 10 May 2018
African Fintech, Agribusiness Firms Attract Interest from Investors
African private equity and venture capital deal-making in April were dominated by investments in technology companies, particularly fintech and business-to-business platforms, together with…
- 3 Aug 2021
Microsoft 4Afrika, IFC Partner to Promote Digital Transformation in Africa’s Agri-Food Sector
To support digital transformation in Africa's agribusiness sector, modernize supply chains and boost farmers' productivity and incomes, Microsoft, through its 4Afrika initiative, and IFC have…
- 16 Oct 2014
Over 130 Projects Worth $246Bn Expected At TGAIS 2014
A hundred and thirty-six bankable projects worth a combined total of $246 billion, in the natural resources, agribusiness, power and critical infrastructure sectors, will be presented at The Global…
- 8 Sept 2019
AfDB, AFAP Sign $5.4M Agreements to Boost Fertilizer Market in Nigeria, Tanzania
The African Development Bank (AfDB.org) and the African Fertilizer and Agribusiness Partnership (AFAP) have signed two grant agreements to implement trade credit guarantees worth $5.4 million to…
- 2 Aug 2021
FCMB to Empower Women in Renewable Energy, Others with AfDB’s $50m Credit Facility
First City Monument Bank (FCMB) has said that women and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will soon have access to long-term funding…
- 9 Sept 2015
Teragro, Transcorp Agricbusiness Arm Partners Coca-Cola on New Five Alive Pulpy
The Coca-Cola Company has launched a new line of fruit juice made from concentrate: Five Alive Pulpy Orange, and announced Teragro, agribusiness subsidiary of Nigerian conglomerate Transnational…
- 1 Feb 2017
USAID Pledges Technical Support, Launches New Agricultural PSP
The United States Agency for International Development (USAID) on Tuesday launched two new agribusiness partnerships with Chi Farms and Niji Foods. The event highlighted USAID’s agricultural and…
- 8 Apr 2017
Union Bank to Raise $164m to Bolster Capital Buffers
Union Bank of Nigeria plans to raise 50 billion naira ($164 million) by the end of the second quarter via a rights issue to boost its capital adequacy and tap opportunities to lend to agribusinesses,…
- 15 Jul 2015
Transcorp Agribiz Subsidiary, Teragro Invests in Grade Extraction Cup
Transnational Corporation of Nigeria Plc (Transcorp) said that its agribusiness subsidiary Teragro Commodities Limited has acquired and installed extraction cup technology, instantly enabling…
- 19 Dec 2016
AfDB Group provides $250m to Support ENABLE YOUTH Nigeria Programme
The Board of Directors of the African Development Bank Group (AfDB), has approved the ENABLE Youth Nigeria programme, and will provide a USD 250 million loan, to contribute to job creation, food…
- 9 Sept 2013
Agric has Capacity to Create Wealth, Employment, Says UBA CEO
The capacity for businesses in the agricultural sector in Nigeria to engineer economic growth and sustainable development, generate employment and reduce poverty is the major reason for the UBA…
- 14 Mar 2024
IWD: AGRA Opens Applications for 2024 Edition of the WAYA Awards, Dangles $300,000 Grants for Winners
In a recent event held to commemorate the International Women’s Day celebrations at the Chida Events Center in Abuja Nigeria, AGRA officially launched the call for applications for the 2024 Women…
- 9 Jan 2020
Ecobank Opens up N70Bn Agricultural Financing Scheme
Ecobank Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 billion for practitioners in different value chains of Agriculture within the…
- 10 Jan 2020
Ecobank Opens up Financing Scheme, to Host Biggest Agric-Business, Food Summit
Ecobank Nigeria has announced an Agriculture Businesses Finance Scheme where it plans to disburse additional loan of N70 Billion for practitioners in different value chains of Agriculture within the…
- 27 Feb 2020
NIRSAL Taps Microsoft Azure to Boost Productivity
Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) Plc has entered into a Memorandum of Understanding (MoU) with Microsoft to collaborate in the deployment of the Microsoft…
- 22 Sept 2016
IFC Supports Expansion of Promasidor Nigeria Limited with $25m Loan
IFC, a member of the World Bank Group, will lend $25 million to support the expansion and modernization of Promasidor Nigeria Limited (PNL), a leading Nigerian dairy and seasoning products company…
- 19 Dec 2019
Cellulant Affirms Commitment to Fixing Agric Value Chain with Technology
Cellulant Corporation, a pan-African technology company has affirmed its commitment to helping fix Nigeria's broken agriculture value-chain with innovative solutions. L-R: MD/CEO, Wema Bank, Ademola…
- 8 Aug 2019
AfDB Extols Chinese Commitment to Africa, Explores Potential Partnerships with Investors
The African Development Bank in Nigeria met a private sector consortium from China to help attract investment through partnerships in the development of special agro-Industrial processing zones…
- 6 Aug 2018
Adesina, AfDB President Calls for Technology Transfer to Farmers
The President of the African Development Bank Group, Akinwumi Adesina, has made an urgent call to give farmers across the continent new technologies with the potential to transform agricultural…
- 9 Sept 2013
AGRF Warns of Severe Finance Gap in African Agric
The African Green Revolution Forum (AGRF) has warned that a Green Revolution cannot materialise in Africa without a major concerted effort to secure financing for agricultural production. The Forum,…
- 6 Dec 2016
African Economic Conference Opens in Abuja Focusing on Industrialization
The 11th African Economic Conference (AEC) kicked off in Abuja, Nigeria, yesterday with a consensus on the need to scale up the continent’s agricultural transformation to spur…
- 6 Nov 2015
IFC Nigeria’s Portfolio Fits $1.7Bn
Mrs. Eme Essien Lore, country manager, IFC Nigeria, has said that International Finance Corporation’s total portfolio in Nigeria stood at 1.7 billion dollars (N334.87 billion). Lore made the…