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FAO to launch fall armyworm research Hub in Kenya to pave way for innovative solutions in crop protection

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FAO to launch fall armyworm research Hub in Kenya to pave way for innovative solutions in crop protection

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Kyosk  The Food and Agriculture Organization (FAO) has announced plans to establish a dedicated Fall Armyworm Research Hub in Kenya.
 

This initiative aims to provide a comprehensive and collaborative platform for research, knowledge sharing, and effective management strategies to mitigate the impact of this pest on agriculture. The Fall Armyworm Research Hub will be located in Kenya, a country significantly affected by the invasive pest.

Establishing this hub in the heart of East Africa reflects the region’s importance as an agricultural hub and highlights Kenya’s commitment to tackling the challenges posed by the fall armyworm.

This move by the FAO comes in response to the urgent need for targeted research and coordinated efforts to control the spread of the fall armyworm.

The pest, native to the Americas, has rapidly spread across Africa, causing substantial damage to crops such as maize, sorghum, rice, and other staple food crops.

The Research Hub will serve as a focal point for scientists, researchers, and policymakers to collaborate on understanding the biology and behavior of the fall armyworm, as well as developing effective strategies for its management.

The hub aims to facilitate knowledge exchange, develop innovative approaches, and strengthen regional capacity to combat this pest effectively by bringing together experts from different fields and countries.

Through the Fall Armyworm Research Hub, the FAO aims to support national and regional efforts in Africa by providing technical expertise, training, and access to advanced technologies.

The collaborative nature of the hub will foster partnerships between governments, research institutions, and other stakeholders, creating a united front in the battle against the fall armyworm.

This initiative aligns with the FAO’s broader commitment to sustainable agriculture, food security, and the livelihoods of smallholder farmers.

The hub is expected to strengthen Africa’s response to the fall armyworm.

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Kenya secures $21 million from AfDB to support women and youth entrepreneurs in Agriculture – Copy

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Kenya secures $21 million from AfDB to support women and youth entrepreneurs in Agriculture

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AfDB approves $21 million to support Kenyan youths and women entrepreneurs in agriculture.
 

The African Development Bank (AFDB) has approved a $21 million financing to support Kenyan youths and women entrepreneurs in agriculture. With agriculture being a crucial sector in the country, contributing to employment, food security, and economic growth, this funding is poised to make a meaningful impact. The approved financing package will provide financial resources, technical assistance, and capacity building to Kenyan youths and women involved in various agricultural value chains.

The ultimate goal is to enhance their productivity, competitiveness, and overall business operations, thus creating a more conducive environment for entrepreneurship in agriculture.

 

The AFDB aims to address critical challenges faced by young and women entrepreneurs in the agricultural sector through targeted interventions and initiatives. This includes access to finance, technical know-how, market linkages, and relevant training opportunities. By bridging these gaps, the AFDB strives to unlock the untapped potential within the agricultural industry and empower a new generation of agripreneurs. The financial support will be channeled towards diverse activities, including:

  • Providing loans and credit facilities to aspiring and existing youth and women entrepreneurs in agriculture.

  • Investing in innovative agribusiness start-ups and initiatives that have high growth potential.

  • Facilitating access to modern technologies, equipment, and machinery to enhance productivity and efficiency.

  • Delivering tailored training programs and mentorship to develop business skills and entrepreneurial acumen.

  •  Strengthening value chains and promoting market integration for agricultural products.

  • Promoting sustainable agricultural practices and climate resilience among entrepreneurs.

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SEACOM secures $207 million from IFC to boost digital connectivity in Africa

Key Developments

SEACOM secures $207 million from IFC to boost digital connectivity in Africa

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SEACOM LTD, one of the leading Pan-African data services providers, has secured $207 million in funding from the International Finance Corporation (IFC) to accelerate digital connectivity in seven African countries.

The funding will be utilized to expand and upgrade its submarine and terrestrial cable infrastructure across the African continent. The funding will also support deploying new fiber-optic networks and enhancing existing infrastructure, ensuring faster, more reliable, and affordable internet connectivity for businesses and consumers.

The seven countries set to benefit from SEACOM’s infrastructure development include Kenya, Tanzania, Mozambique, South Africa, Rwanda, Uganda, and Djibouti. These countries were selected due to their strategic geographic locations and potential to significantly impact regional digital transformation efforts. The investment aligns with SEACOM’s commitment to bridging the digital divide and promoting inclusive growth in Africa.

The project aims to unlock opportunities in various sectors, including e-commerce, telecommunication services, healthcare, education, and finance, by bolstering digital connectivity. Improved internet access will enable businesses to expand operations, drive innovation, and enhance productivity.

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COOKO, an innovative Cameroonian AgTech startup, has raised $872,000 to revolutionize the country’s cocoa value chain

New Investments

COOKO, an innovative Cameroonian AgTech startup has raised $872,000 to revolutionize the country's cocoa value chain

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COOKO, an innovative AgTech startup based in Cameroon, has raised $872,000 in pre-seed funding to revolutionize the country’s cocoa value chain.

The funding round, led by a US family office, will see COOKO bring about significant advancements and sustainability in Cameroon’s cocoa industry.

COOKO aims to address critical challenges cocoa farmers face in Cameroon, including low productivity, supply chain inefficiencies, and climate change’s adverse impact.

With this recent investment, the startup plans to deploy cutting-edge technologies and implement sustainable practices to transform how cocoa is grown, harvested, processed, and marketed. COOKO’s innovative approach involves leveraging technology, data analytics, and precision farming techniques to optimize cocoa cultivation. The startup plans to provide farmers with access to crucial data and insights that can enhance crop management, improve yield, and mitigate the effects of climate change.

Additionally, COOKO plans to establish a digital platform that connects cocoa farmers directly with buyers, eliminating intermediaries and ensuring fair prices for their produce. 

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Shop Zetu, a fast-growing fashion marketplace based in Kenya, has raised $1 million in pre-seed funding to fuel its Africa expansion plans

New Investments

Shop Zetu, a fast-growing fashion marketplace based in Kenya has raised $1 million in pre-seed funding to fuel its Africa expansion plans

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Shop Zetu, a fast-growing fashion marketplace based in Kenya, has secured $1 million in pre-seed funding to fuel its ambitious expansion plans across Africa.

The funding round was led by Chui Ventures, with participation from Launch Africa Ventures, Roselake Ventures, and Logos Ventures. Notable angel investors who also contributed to the funding include Kendall Tang (CEO of RT Knits Ltd), Ben M. (co-founder and CEO of Nadine West), Sumit Bhasin (The Estée Lauder Companies Inc.), Patricia Ithau (CEO of WPP Scangroup), and Peter Njonjo (co-founder and CEO of Twiga Foods).

Shop Zetu’s latest round of investment marks a significant milestone for the company as it aims to revolutionize the fashion e-commerce landscape in the region. Founded in 2021, Shopzetu’s online platform connects fashion-conscious consumers with a wide range of trendy and affordable clothing, footwear, accessories, and beauty products.

 

The marketplace has gained popularity for its curated selection, convenient shopping experience, and reliable delivery services. With a focus on democratizing fashion and empowering local designers and vendors, Shopzetu has positioned itself as a platform that showcases and promotes African fashion and creativity.

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Kubik, a pioneering startup specializing in plastic waste upcycling, secures $3.34 million to promote sustainable practices across Africa

New Investments

Kubik, a pioneering startup specializing in plastic waste upcycling, secures $3.34 millionto promote sustainable practices across Africa

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Kubik, Inc., a pioneering African startup specializing in plastic waste upcycling, has secured $3.34 million in funding.

The investment aims to position Kubik as a leader in combating plastic pollution and promoting sustainable practices across Africa. The funding round was led by prominent venture capital firms, including Plug and Play Tech Center, BESTSELLER FOUNDATION, GIIG Africa Fund, Satgana, Unruly Capital, Savannah Fund, African Renaissance Partners, LLC, Kazana Fund, Princeton Alumni Angels, and Andav Capital.

 

Kubik’s unique upcycling process involves transforming post-consumer plastic waste into valuable and sustainable products. Founded in 2021, the startup repurposes plastic waste into building materials, furniture, and consumer goods. The latest funding round will enable Kubik to expand its operations, invest in research and development, and scale up its production capabilities.

The investment will also support establishing collection networks to ensure a steady supply of plastic waste and foster partnerships with local communities, waste management organizations, and government entities.

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Senegal gets $50 million from World Bank to digitize its healthcare system

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Senegal gets $50 million from World Bank to digitize its healthcare system

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The investment aims to modernize healthcare services, improve access to quality care and foster digital transformation in the country’s healthcare sector.

Senegal has secured $50 million in funding from the World Bank to accelerate the digitization of its healthcare system.

The funding, provided through the World Bank’s International Development Association (IDA), will support Senegal’s efforts to leverage technology and innovation to enhance healthcare delivery and strengthen health information systems.

 

The digital transformation of Senegal’s healthcare system will involve adopting electronic health records, telemedicine services, digital diagnostics, and other digital solutions that improve the efficiency and effectiveness of healthcare delivery. Technology integration is expected to streamline processes, reduce administrative burdens, and enable better coordination and communication among healthcare providers. With the funding, Senegal aims to improve access to healthcare services, particularly in remote and underserved areas. By leveraging digital tools, the country seeks to bridge the gap in healthcare access and ensure that all citizens, regardless of their location, have access to quality care.

 

The investment will also enhance data management and analytics capabilities, allowing healthcare providers and policymakers to make informed decisions based on real-time data. The digitization of health records will enable better monitoring of health trends, disease surveillance, and implementation of evidence-based healthcare policies. Senegal’s efforts to digitize its healthcare system align with the country’s broader development goals, as outlined in its national digital transformation and healthcare reform strategies.

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CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses

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CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses

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CrossBoundary Energy, a leading provider of clean energy solutions in Africa, has secured $50 million in funding to accelerate the deployment of clean and reliable power solutions for businesses across the African continent.
 

CrossBoundary Energy specializes in developing and operating distributed solar energy projects for commercial and industrial clients. By offering solar-as-a-service, the company eliminates the upfront costs and operational complexities associated with traditional energy systems. This approach enables businesses to access clean and reliable power, reduce their carbon footprint, and lower energy costs, boosting their competitiveness and sustainability.

 

The $50 million investment will support CrossBoundary Energy’s ambitious plans to expand its project pipeline, reach new markets, and deepen its impact across the continent. With this funding, the company aims to accelerate the deployment of solar energy systems, providing businesses with a cost-effective and environmentally friendly alternative to conventional power sources. With Africa’s energy demand projected to rise significantly in the coming years, the need for scalable and sustainable power solutions has never been more critical.

CrossBoundary Energy’s $50 million funding injection will play a vital role in addressing this challenge and driving the continent towards a more sustainable and resilient energy infrastructure

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Egyptian-based logistics startup Trella raises $3.5 million for scaling

New Investments

Egyptian-based logistics startup Trella raises $3.5 million for scaling

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Trella, an Egyptian-based logistics startup, has raised $3.5 million in a recent funding round led by Avanz Capital.

This significant investment will enable Trella to expand its operations further, enhance its technology platform, and solidify its position as one of the leading players in the logistics industry. With the newly secured funding, Trella plans to expand its operations, strengthen its presence in existing markets, and explore opportunities in new geographies.

 

The investment will also be allocated towards enhancing its technology platform, which leverages data-driven insights and machine learning algorithms to optimize freight matching, improve efficiency, and deliver a seamless logistics experience.

Launched in 2022, Trella aims to address the logistics challenges businesses face in emerging markets, particularly in the Middle East and Africa. The platform connects shippers with carriers by leveraging technology, streamlining the process and providing real-time visibility and transparency throughout the transportation journey.

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