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The Africa Business Confidence Index (ABCI) for November shows expansion in both the index for manufacturing and non-manufacturing sectors in Africa... read the story


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Blog Posts

Suza Adam

Public relations for life sciences, pharmaceutical, medical devices, diagnostic and healthcare companies

Spindle Communications partners with clients on strategic communications programs – including strategy and brand positioning, corporate communications, as well as public and investor relations to life science, pharmaceutical, medical device and diagnostics and clean and renewable technologies  clients.

At Spindle Comms, our objective is to make our clients better known, better regarded and more successful through effective public relations, marketing communications…

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Posted by Suza Adam on January 17, 2012 at 12:03pm

Isaac Twumasi Quantus

New Food and Agriculture Organisation chief pledges to prioritise Africa.

José Graziano da Silva outlines vision of 'one FAO' acting at country level as he sets out reformist agenda



The new director general of the Food and Agriculture Organisation (FAO), the world's flagship agency for food policy, has indicated that Africa will be his priority at a time of limited resources.



In his first press conference, held on…

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Posted by Isaac Twumasi Quantus on January 5, 2012 at 2:00pm

Isaac Twumasi Quantus

Ugandan cocoa exports projected to rise next year.

Uganda is projecting a 12 per cent jump in its cocoa exports in the 2011/2012 (Oct-Sep) season compared with the last season, as newly planted trees start producing beans, a senior government official has told Prosper.

Mr John Muwanga Musisi, the Co-ordinator Support for Tea/Cocoa Project in the Ministry of Agriculture, said production is expected to reach 18,000 metric tonnes, up from last year’s 16,478 metric tonnes, an improvement that should push earnings to $55 million (basing on…

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Posted by Isaac Twumasi Quantus on December 21, 2011 at 1:30pm

Isaac Twumasi Quantus

Ghana cocoa purchases hit 448,528 T by Dec. 8

Cocoa purchases declared to Ghana's Cocobod reached 448,528 tonnes by Dec. 8 since the start of the season on Oct. 14, data from the industry regulator showed on Tuesday.



The figures compare with 421,711 tonnes of official purchases recorded during the corresponding eight weeks of the previous season, which ran from Oct. 1 to Nov. 25, according to the data seen by Reuters.



Total purchases for the week ending Dec. 8 were 36,822 tonnes, slightly up from 35,197 tonnes the week…

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Posted by Isaac Twumasi Quantus on December 20, 2011 at 2:52pm

Isaac Twumasi Quantus

Zambian Breweries completes US$70 million rights offer

Zambian Breweries Plc has successfully completed its Rights Offer aimed at raising US$70 million from the capital market.



Company corporate affairs director Chibamba Kanyama in an interview said the objective of the rights offer issued last month was to increase the Zambian Breweries’ beer production capacity by refurbishing and expanding the Ndola brewery facility due to increased demand for beer.



Mr Kanyama said total capital required for the project is US$90 million,…

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Posted by Isaac Twumasi Quantus on December 20, 2011 at 2:38pm

Africa Agribusiness News

Angola: Over 6,000 Tonnes of Crops Harvested in Tomboco

ANGOP (Luanda)-At least 8,423 tonnes of crops were harvested in the 2010/2011 agricultural season in Tomboco district, northern Zaire province, Angop learned.

Rwanda: Maize Harvests to Hit 0.7m Tonnes

New Times (Kigali)-Rwanda expects a bumper maize harvest of at least 700,000 tonnes by the end of season 2011-2012 A.

Rwanda: Increase Market Access for Farmers

New Times (Kigali)-Last week, the World Bank Vice President for Sustainable Development, Rachel Kyte, applauded Rwanda as one of the countries where one can easily see the impact of investment made after the 2008 food crisis, particularly in the agriculture sector.

Kenya: Western Leaders to Push for Reduced Cane Transport Prices

Nairobi Star (Nairobi)-Leaders from Western province have pledged to compel sugar millers to upgrade their services to farmers.

Kenya: Pokot Farmers Uproot Pyrethrum Over Pay

Nairobi Star (Nairobi)-Several pyrethrum farmers in West Pokot county have uprooted the crop to protest the failure by the Ministry of Agriculture to pay them over Sh40 million.

Africa Food news

Angola: Agriculture Pledges Solution to Kilunda Lake Drying

ANGOP (Luanda)-The secretary of State for Agriculture, José Amaro Tati, said there are solutions to the drying of the Kilunda Lake, in Luanda.

South Africa: Eastern Cape Revives Agriculture in Schools

BuaNews (Tshwane)-Officials from the Eastern Cape Rural Development and Agrarian Reform Department are on a mission to revive agriculture in schools.

Kenya: Farmers Told to Stop Using Pesticides With Dimethoate

Nairobi Star (Nairobi)-Farmers have been directed to stop using a popular chemical in pesticides that was found to have adverse health and environment effects.

Nigeria: Senate Rejects State House Budget of N766 Million for Food

Leadership (Abuja)-The senate has rejected an allocation of N473 million for foodstuff and catering and another N293million for refreshment in the State House. This was just as it described as outrageous the personnel and overhead budget of the State House.

Africa: New Soil Carbon Methodology Approved

World Bank (Washington, DC)-A new methodology to encourage smallholder farmers in Kenya - and potentially worldwide - to adopt improved farming techniques, boost productivity, increase their resilience to climate change, and earn carbon credits, has been given international approval.

Africa Business News

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Developing nations should boost economic defences: IMF

The director of the International Monetary Fund Christine Lagarde urged developing countries on Monday to shore up their defences, especially foreign exchange reserves, against a possible European recession next year.
Lagarde was speaking during a visit to Nigeria in which she met President Goodluck Jonathan and Finance Minister Ngosi Okonjo-Iwaela and praised their planned economic reforms.

European finance ministers were discussing ways of boosting IMF resources to build a better firewall against the debt

Ghana cocoa purchases hit 448,528 T by Dec. 8

Cocoa purchases declared to Ghana's Cocobod reached 448,528 tonnes by Dec. 8 since the start of the season on Oct. 14, data from the industry regulator showed on Tuesday.

The figures compare with 421,711 tonnes of official purchases recorded during the corresponding eight weeks of the previous season, which ran from Oct. 1 to Nov. 25, according to the data seen by Reuters.

Total purchases for the week ending Dec. 8 were 36,822

 
 
 

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