SA sees decline in agribusiness confidence

The South African agribusiness sector has maintained positive results for the past 5 quarters, however, the sector weakened by 5 points in Agbiz’s Agribusiness Confidence Index during the 4th quarter of 2017. Factors that contributed to the confidence decline are bad weather conditions in the Western Cape, uncertainty about land…

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AgDevCo invests US$1.5m in Mozambican banana plantation

AgDevCo have announced substantial financial backing for the rehabilitation of a Mozambican owned and managed farm to supply bananas to the local and South African market. AgDevCo, a social impact investor and agribusiness project developer, is teaming up with the new owners of the farm Nika, consisting of a group…

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East African traders strengthen food trade to secure food supplies from Southern Africa

The Regional Trade Facilitation Forum in Lusaka is working to strengthen food trade linkages between southern African countries. More than 195 maize and other grain commodity traders attended the meeting where buyers and sellers signed trade deals valued at US$100 million for the export of grain commodities. The forum was…

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AGCO coming to root in Africa in 2017

The AGCO (agricultural company) corporation has expanded into Africa from their Asia Pacific region, and has said it hoped to offer solutions to small-scale farmers. “Our line of mechanisation, grain storage, seed processing and protein solutions supports the complete spectrum of farmers, from emerging sector to large [scale farmers] and…

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