Tag: DRC
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Ukraine looks at expanding grain exports to Africa
Maksym Subkh, Ukraine’s special representative for the Middle East and Africa. Image: Andisiwe Makinana War-torn Ukraine wants to increase investments and expand its grain exports to more African countries. The country’s economy has been ravaged after the invasion by Russia. Since Ukraine gained independence in 1991, its focus in Africa has been on northern and eastern ... -
Democratic Republic of Congo: African Development Bank to lend $117 million to support agricultural transformation
Democratic Republic of Congo: African Development Bank to lend $117 million to support agricultural transformation The financial support comes from the African Development Fund, the Bank Group’s concessional lending window, and includes $78.6 million from the Transition Support Facility BIDJAN, Ivory Coast, March 4, 2024/ — Meeting in Abidjan on 14 February 2024, the Board ... -
IN A CHALLENGING OPERATING ENVIRONMENT, OMNIA SHOWS RESILIENCE AND MAINTAINS SECURITY OF SUPPLY TO CUSTOMERS
Revenue decreased by 14% to R10.4 billion Operating profit decreased by 15% to R684 million Headline earnings per share decreased by 4% to 295 cents Robust financial position with an increase in net cash of over 100% to R1.6 billion Net asset value increased to R10.3 billion Strong growth in volumes in Agriculture and ... -
AfCFTA opens new era of possibilities for African trade
Since colonial times, African trade has been dominated by the export of commodities to more developed countries outside the continent. Raw materials such as petroleum from Angola, lithium from the Democratic Republic of Congo and copper from Zambia are transformed into higher-value products in Europe, Asia and North America. With limited possibilities to turn them ... -
At the DRC Agribusiness Forum, Democratic Republic of Congo shares its ambition to feed Africa and announces $6.6 billion in investments in agriculture
African Development Bank Director-General for Central Africa Serge N’Guessan and his deputy Solomane Koné, the Bank’s Manager for DR Congo, actively participated in the Forum with other Bank officials. The Democratic Republic of Congo aims to invest $6.6 billion over ten years in its Agriculture Transformation Programme (PTA) to fulfil its commitment to becoming Africa’s breadbasket. ... -
At the DRC Agribusiness Forum, Democratic Republic of Congo shares its ambition to feed Africa and announces $6.6 billion in investments in agriculture
African Development Bank Director-General for Central Africa Serge N’Guessan and his deputy Solomane Koné, the Bank’s Manager for DR Congo, actively participated in the Forum with other Bank officials. The Democratic Republic of Congo aims to invest $6.6 billion over ten years in its Agriculture Transformation Programme (PTA) to fulfil its commitment to becoming Africa’s breadbasket. ... -
DRC: Business leaders and politicians call for agricultural development
With its vast territory, agricultural production potential capable of feeding a quarter of the world’s population, climatic diversity, freshwater reserves, hydroelectric potential and a regional market of 260 million consumers, the Democratic Republic of Congo enjoys major advantages. But these assets appear insignificant when it comes to food insecurity affecting 27 million people. Every year, ... -
DRC: Business leaders and politicians call for agricultural development
With its vast territory, agricultural production potential capable of feeding a quarter of the world’s population, climatic diversity, freshwater reserves, hydroelectric potential and a regional market of 260 million consumers, the Democratic Republic of Congo enjoys major advantages. But these assets appear insignificant when it comes to food insecurity affecting 27 million people. Every year, ... -
Goodwell Supports Agricultural Innovation in West Africa with Complete Farmer Investment
Goodwell is pleased to announce its recent investment in Complete Farmer (“CF”) – a digital marketplace that brings together African farmers and international buyers to create a stronger, more efficient agricultural value chain in West Africa. Working in collaboration with long-term partner Alitheia Capital, Goodwell invested USD 2 million in equity via its uMunthu II ... -
Improving food security in DRC’s Yangambi Landscape
A man sorts through maize in the village of Yangandi, DRC. Photo by Axel Fassio/CIFOR-ICRAF Gliding west for the first time through the silent waters and noisy forests of the Congo River from Kisangani to Yangambi, in the northern Democratic Republic of the Congo (DRC), I couldn’t help but think that this place was all ...










