Tanzania heavy equipment rental and logistics firm major stake sold to Kenyan equity company

Catalyst acquires EFFCO Tanzania Ltd *Nairobi*- Kenya-based private equity firm Catalyst Principal Partners has announced acquisition of majority stake in Tanzania of a heavy equipment rental and logistics firm, EFFCO. Catalyst Principal Partners invests amounts of between US$5million – US$20million into deals with an average investment period of between 4 to 6 years. The management-backed buyout is consistent with…

Read More

Tanzania contractors in limbo

Deleting contractors: Plummeting standards or hide and seek statutes, guilds? *********** By Nimi Mweta *************** SCARCELY a tenth of newspaper readers can usually make head and tail out of frequent reports of deletion of contractors by the Contractors Registration Board (CRB). allied with the Engineers Registration Board (ERB). There is usually a lot to be heard from the former…

Read More

Diamond among artists for agriculture African biggest music video collaboration

The ONE Campaign is bringing together 20 of Africa’s most popular urban music stars in Johannesburg this week for Do Agric, It Pays. Among them are Tanzania’s Diamond, Nigeria’s D’banj, Congo DR’s Fally Ipupa, Mozambique’s Dama Do Bling, and South Africa’s Judith Sephuma, as part of ONE’s new campaign: Do Agric, It Pays. Africa’s top artists will be using…

Read More

TPSF to launch its strategy for EAC

Tanzania Private Sector Foundation (TPSF) has teamed up with TradeMark East Africa (TMEA) to work out on a five year Strategy/Programme for enhancing Tanzanian private sector’s appetite, awareness and participation in the East African Community’s integration agenda. The overall objective of the project is to develop a mid-term strategic plan for raising the level of awareness and building the…

Read More

Tanzania: Agro dealers’ network, the long journey

By Anthony Muchoki “Alliance for Green Revolution in Africa (AGRA) programs have provided us with innovative financing and high-yield crop varieties. The partnerships created with private seed companies and small agro-dealers have become our lifeline as farmers,” notes National Agrodealer Association(TANADA) chairman Micheal Mahecha Building Rural Incomes Through Enterprise (BRiTEN) Managing Director Mrs Josefynne Miingi-Kaiza, is grateful to AGRA…

Read More

USAID AND AGRA to improve access to input and output markets

*N**airobi, Kenya. 19 February 2014 *- Today, the United State Agency for In ternational Development (USAID) and the Alliance for a Green Revolution in A frica (AGRA) launched a multi-partner initiative – Strengthening Agricultural Input and Output Markets in Africa (SAIOMA). This initiative will improve f armers’ access to markets, increase their earnings, and improve the liveliho od and…

Read More

Future of Wheat at Stake as Rust, Climate Change, Market Volatility Collide

Global experts will hold critical talks in Ciudad Obregón, Mexico on March 22-28 about rapidly evolving risks and opportunities for wheat, one of the world’s three key staple food crops. The meetings also will celebrate the 100th anniversary of the birth of Dr. Norman Borlaug, a legendary scientist who developed high-yielding, semi-dwarf wheat that is credited with sparking the…

Read More

AGRA, USAID project targets 100,000 smallholder farmers in Kenya

Pamoma Correspondent About 100,000 smallholder farmers and 550 agro-dealers in six districts in four counties in Eastern Kenya are set to improve access to markets, increase earnings and livelihood thanks to a project to be launched by AGRA and USAID, Communications Director at Alliance for a Green Revolution in Africa (AGRA) Sylvia Mwichuli has said. According to a media…

Read More

Clove industry in Zanzibar at crossroads – will the government allow market forces to prevail?

Pamoma Reporter: For almost two centuries successive government interest in the clove industry in Zanzibar has been promoted by the income wealth emanating from the crop. For the farmers, the growing and marketing of the cash crop has always known a heavy state control, sometimes bringing in boon and other times doom. From 1968 onwards, it has been the…

Read More

Paynet in merger with Pep Intermedius to expand the PesaPoint network

Nairobi, 11th February 2014: Paynet, a full payments service provider for banks and mobile money companies in Kenya, Tanzania, Uganda, Rwanda and South Sudan has today announced a merger of its PesaPoint agent network with that of Pep Intermedius – to further grow the PesaPoint brand and expand its network. Pep Intermedius, one of Kenya’s leading agent aggregators, has…

Read More