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MOZAMBIQUE : Mauritian ETG hungry for cashews after Olam s exit

MOZAMBIQUE : Mauritian ETG hungry for cashews after Olam s exit
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Public, Private and Civil Society Organizations launch ASASE Project in Ghana to Support Climate-Smart Cocoa and Thriving Forests

+ 12 January, 2021 – This month, public sector, private sector and civil society organization partners jointly launched the Accessible Soils And Sustainable Environments (ASASE) project in Ghana. Over the coming four years, this groundbreaking initiative will be working towards an environmentally sustainable future for the cocoa sector, tackling deforestation and working to rehabilitate ageing cocoa farms and restore natural forests. ASASE, which also means “land” in the local Ghanaian language Twi, is a 2.3 million Euro project co-funded by the Netherlands Enterprise Agency (RVO) as part of the Sustainable Development Goals Partnership (SDGP). Driven by a belief that a thriving, climate-smart cocoa sector is possible, this project will work with 5,000 farmers in two of Ghana’s main cocoa producing areas: the Ashanti and Eastern regions. Using a landscape approach, the ASASE project moves away from the traditional focus on the direct supply chain and instead intervenes o

FMO, FinDev Canada and OeEB support critical food supply in Africa

FMO, FinDev Canada, and OeEB have  announced a $115m syndicated loan facility that will allow Agri Commodities and Finance (ACF), one of the main trading companies of Export Trading Group (ETG) to improve and expand its operations in Africa. FMO acted as lead arranger in this syndicated facility that will indirectly support an estimated 600,000 smallholder farmers and the communities, while also contributing to more sustainable and climate-resilient agricultural practices across the continent.  Pieternel Boogard, Director Agribusiness, Food, and Water of FMO, said: “We are very pleased to strengthen our commitment towards ETG s mission and empower small holder farmers across Africa for a brighter future. ETG s impact and success contribute to a stronger African agricultural sector, which will reduce poverty of smallholder farmers in Africa and improve their overall wellbeing through ETG’s sustainable and climate-smart programmes focused on agriculture and agro-processing. We

A Landscape Approach to Supporting Sustainable Cocoa | World Cocoa Foundation

Beyond Beans Photo by Beyond Beans Natural forests capture carbon dioxide, increase biodiversity, and improve soil quality, providing ecosystem services that entire communities benefit from. For Ghana’s 800,000 cocoa-farming households however, the country’s high risk of deforestation brings with it the threat of lower, less reliable rainfall and rising temperatures that could damage cocoa trees, reducing yields and household incomes.   At the end of last year, the public sector, private sector and civil society organization partners jointly began the inception phase of a new project, working towards a climate-smart cocoa sector where forests and natural ecosystems can thrive alongside sustainable cocoa production. This project is called ASASE, which stands for Accessible Soils and Sustainable Environments and also means “land” in the local Ghanaian language Twi. Ove

Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa – TechCrunch

Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa Pula, a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. The round was led by Pan-African early-stage venture capital firm, TLcom Capital, with participation from nonprofit Women’s World Banking. The raise comes after Pula closed $1 million in seed investment from Rocher Participations with support from Accion Venture Lab, Omidyar Network and several angel investors in 2018.   Founded by Rose Goslinga and Thomas Njeru in 2015, Pula delivers agricultural insurance and digital products to help smallholder farmers navigate climate risks, improve their farming practices and bolster their incomes over time.

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