Nakuru — Africa’s heavy reliance on imported livestock products is costing the continent billions of dollars annually, prompting calls for stronger political commitment to enhance local production and regional trade. Despite possessing significant livestock resources, the region imported over $10 billion (KSh1.3 trillion) worth of livestock products last year, while exporting only $3.8 billion (KSh490.2…
The government has leased a large piece of land in Tororo District that previously housed offices of the National Livestock Resources Research Institute to the newly established Africa Tech University, a private institution expected to transform the area into a major centre for higher learning. The more than 700-hectare property is currently undergoing renovation as…
STORY HIGHLIGHTS The Horn of Africa has the largest concentration of livestock keepers in the world, as many as 7 million of them in Kenya. World Bank funding is fostering private sector opportunities that make pastoralism and livestock keeping a safer and more viable investment. Kenya’s thriving farming sectors could help university graduate and school…
Ntuthuko Shezi, Livestock Wealth founder and CEO. The Financial Sector Conduct Authority (FSCA) says it has concluded its investigation into Livestock Wealth Financial Services (Mother Company) and Livestock Wealth, finding no evidence that the companies conducted unregistered financial business. The FSCA last January warned the public to exercise caution when dealing with Livestock Wealth, following…
Nairobi — Millions of African pastoralists could soon see relief as the continent intensifies efforts to eliminate Peste des Petits Ruminants (PPR), a fast-spreading disease that kills sheep and goats and pushes vulnerable families deeper into poverty. Speaking in Nairobi, AU-IBAR Director Dr Huyam Salih said Africa is mobilising resources and political support to finally…
Addis Ababa — The Horn of Africa’s livestock sector, a cornerstone of the region’s economy and a critical source of food, income, and employment, faces growing threats that require urgent action, according to Baba Soumare, Deputy Director General of the World Organization for Animal Health (WOAH). “Livestock has huge potential for food security, livelihoods, business,…
Nairobi — EAST Africa faces the worsening climate extremes, where recent droughts and floods are said to have wiped out about 10 million livestock worth 2bn US Dollars, crippling livelihoods from 2020 to 2022. A climate scientist who is also coordinating projects at Delivering Climate Services to Eastern Africa (ICPAC), Titike Bahaga, made the revelation…
SwiftVEE co-founder and COO Christine van Breda and SwiftVEE co-founder and CEO Russel Luck. Online livestock trading platform SwiftVEE is planning to expand after concluding a Series A funding round from several funders. According to a statement, the new funding has helped the platform raise about R173 million in equity and funding instruments. Backers include…
