Improve food security programme to be launched in Africa
A unique, Africa-led fund designed to improve food security across the continent has become a reality for the first six countries slated to benefit from the initiative.
The Central African Republic, Ethiopia, Malawi, Mali, Niger and South Sudan signed agreements in Tunis with the Food and Agriculture Organization of the United Nations (FAO) to receive $2 million each from the Africa Solidarity Trust Fund.
“The Africa Solidarity Trust Fund shows that African countries are ready to step up and work with their neighbours to build a sustainable and food secure region, and to have the future we want,” said FAO Director-General José Graziano da Silva.
The agreements were signed during the FAO Regional Conference for Africa.
Read more: Improve food security programme to be launched in Africa
KFC follows Nigerian fast food pioneer in African growth
When investment banker Ebele Enunwa moved to Nigeria's oil industry hub more than a decade ago, he was distraught by a lack of places he wanted to eat. To tackle the problem, he raised $1-million from banks and friends to open a chain of fast-food outlets called Kilimanjaro—named for Africa's highest peak—in 2004.
Now, competitors including Yum! Brands, Domino's Pizza and Johnny Rockets International are following suit and opening outlets, while McDonald's says it's eyeing opportunities in Africa's most populous country.
The chains are staking claim to an industry that has grown more than 10% annually this decade despite operating in a nation where chicken imports are banned, power supply is unreliable and a meal costs more than most people make in a day.
Read more: KFC follows Nigerian fast food pioneer in African growth
Kenya works to boost agriculture
A national drive to increase food production in Kenya is gathering strength, as the government moves to streamline the regulatory environment and roll out major initiatives aimed at supporting farmers, in line with its long-term vision.
As with many African markets, agriculture plays a key part in Kenya’s economy, representing roughly a quarter of GDP.
Africa food deal to double turnover
A ROMSEY-BASED international courier looks set to double its turnover. Regional Express, a courier and freight-forwarding company, has won a major contract delivering food to Africa.
It recently secured the deal transporting 1m kilos a month of food there for
