Africa
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AfDB deploys US$5.1B financing mechanism to cushion Africa’s fertilizer crisis
The framework is designed to provide immediate financial and policy support to countries facing heightened vulnerabilities while strengthening their capacity to withstand future external shocks.
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Olam Agri unveils ‘Baking Brighter Futures’ with US$2M commitment for African bakers
The initiative brings together Olam Agri’s existing baker-development programmes across several African markets under a broader platform designed to expand skills development and economic opportunities in the baking sector.
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Black Sea tensions threaten global wheat supplies, raise risks for Africa
Black Sea tensions are putting fresh pressure on global wheat supplies, with disruptions to Russian and Ukrainian exports creating risks for import-dependent markets across Africa.
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ETG invests US$600M to strengthen agricultural value chains across Africa
The facility will provide fresh capital for agricultural supply chains and working capital needs across the continent.
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India turns to African fertilizer producers as Hormuz disruptions reshape supply chains
The move comes as the conflict involving Iran, Israel and the United States has disrupted shipments through the Strait of Hormuz since late February, exposing vulnerabilities for India as the world’s most populous country, the second-largest fertilizer consumer, and a major agricultural producer.