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African Agriculture on a mission to boost global food production.

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African Agriculture on a mission to boost global food production

African Agriculture Inc. (AAGR), a New York-based Africa-focused company, is on a journey to deliver protein to the world through the enhancement of cattle feed via high nutrition content and fiber alfalfa production, the responsible environmental and employment management of Africa’s abundant coastline, and the deployment of cash flow ultimately into a global program of carbon offsets.

With capital in a very strong asset provided by the founder and majority investor, Frank Timis, the company’s wholly owned subsidiary, Les Fermes de la Teranga (LFT), is developing a commercial farming business in Northern Senegal that will initially focus on producing and selling alfalfa for cattle feed and nutrition purposes. Over the next two to three years, the company plans to largely develop 62,000 acres of land located at LFT and also aims to expand within Senegal, Niger, and potentially to other West African countries.

“Protein is a necessary component of every diet. It is necessary for children to develop their brain power and for bone development. So, we want to make sure there is a balance of protein in every aspect of service to the world’s what would be close to 10 billion people by the middle part of the century,” Alan Kessler, Chairman and CEO, African Agriculture, said in an interview last October.

“So, we will be producing alfalfa as our first crop in African Agriculture. Alfalfa provides protein to livestock and cattle necessarily for beef production, dairy product production, which will feed into the making of other products. Additionally, it can be used as a biofuel. So, we think we can really drive protein access both domestically and also potentially for export of what we produce. Our next strategy also involves the production of fish. That will help serve protein directly to the local communities and also potentially for export,” said Kessler, a former investment banker and investment researcher with extensive emerging market investment experience.

Currently, African Agriculture is seeking to raise capital through an initial public offering (IPO). It has filed for an IPO with the U.S. Securities and Exchange Commission, with Spartan Capital Securities as the sole underwriter for the IPO. It did not, however, disclose the amount it expects to raise nor an expected price range for its IPO.

The principal purposes of the initial public offering, according to the management of African Agriculture, are to fund their program of incremental planting expansion of 10,000 hectares at the LFT Farm, which they expect to occur in 2022 with approximately 50 hectares seeded on a daily basis.

The management said they intend to use approximately $9,500,000 of the net proceeds from the offering, together with their existing cash and cash equivalents, to prepare the pivots, irrigation, all farming operations, machinery and infrastructure necessary to complete such expansion, which based on average yield expectations would produce approximately 250,000 tons per year.

“We currently intend to use approximately $18,000,000 of the net proceeds from this offering for phytosanitary products, including Soil treatment, Potassium, Gypsum, Seeds, Fertilizer, payment of salaries and personnel for two years and D&O, Crop and Workers Compensation insurance for two years,” the management said.

“Additionally, we currently intend to use approximately $650,000 of the net proceeds of the offering to conduct feasibility studies for potential new businesses including approximately $50,000 for aquaculture, $300,000 for carbon credit and reforestation programs and $300,000 for biofuel from algae.

“We intend to use the balance of proceeds for ongoing operating expenses and other general corporate uses.”

The outlook for alfalfa is positive, according to a 2021 market research report by Fortune Business Insights, which puts the global market for alfalfa at an estimated $19.9 billion in 2020, with a projection to reach $35.2 billion by 2028 on the back of growing cattle production and the use of more nutritionally balanced feed products.

The demand for food and sources of protein will continue to rise on the projected increase in the world’s population to about 9.7 billion by 2050. Already, the ongoing Russia-Ukraine conflict is piling pressure on food supply. Dana Peterson, in an Op-ed for CNN Business Perspectives published April 9, 2022, points to how sanctions, import bans, destruction of infrastructure, a refuge crisis, and supply chain disruptions due to the Russia-Ukraine conflict are stoking global food prices and risking shortages, paving the way potentially for greater food insecurity around the world.

“The war in Ukraine is seriously disrupting production and exports of grain to vulnerable countries. Not only is it making farming in Ukraine more difficult, but sanctions are disrupting logistics for producing things like fertilizer,” Peterson writes.

Russia and Ukraine together supply a large chunk of the world’s grains – almost one third of its wheat, a quarter of its barley – and nearly three-quarters of its sunflower oil, according to the International Food Policy Research Institute. Apart from being used in the production of breakfast cereal, bread, pasta and corn syrup, the grains also provide feed for animal stocks. The disruption in the supply of these grains will continue to drive up prices of proteins, like chicken or pork.

But with African Agriculture’s investment in alfalfa production beginning in Senegal, with planned expansion into other high margin food product categories in the West African region, the company is well positioned to make a significant contribution to global food and protein security whilst delivering significant value for its shareholders.

Original Source: Farmlandgrab.org

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Govt moves to set up food and agriculture regulatory authority

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Agriculture minister Frank Tumwebaze tabled the Food and Agriculture Regulatory Authority Bill, 2026, for first reading in Parliament on August 25, 2026. (Credit: Maria Wamala)

The Bill has been referred to the Committee on Agriculture for scrutiny. The proposed authority will regulate the manufacture, processing, importation, exportation, distribution, transportation, advertisement, labelling, storage, sale and supply of veterinary medicines, agricultural chemicals, veterinary equipment and devices.

KAMPALA – The Government has proposed the creation of a food and agriculture regulatory authority to bring food, animal medicines, agricultural chemicals and related products under one regulatory framework.

Agriculture minister Frank Tumwebaze tabled the Food and Agriculture Regulatory Authority Bill, 2026, for first reading in Parliament on August 25, 2026.

The Bill has been referred to the Committee on Agriculture for scrutiny. The proposed authority will regulate the manufacture, processing, importation, exportation, distribution, transportation, advertisement, labelling, storage, sale and supply of veterinary medicines, agricultural chemicals, veterinary equipment and devices.

It will regulate food and feed manufacturing, processing and distribution, oversee food and feed safety, develop standards, inspect and certify agricultural inputs, and establish traceability systems for regulated products.

The Bill’s memorandum presents a troubling picture of the current food and agricultural regulatory system, stating that the country is “flooded with counterfeit substandard veterinary medicines and agricultural chemicals.”

It cites concerns over medicines and chemical residues, aflatoxins, harmful microorganisms and heavy metals in food and feed, warning that such contaminants compromise public health and the safety of agricultural exports.

Members of Parliament during Plenary on Tuesday. (Credit: Maria Wamala)The memorandum attributes the problem in part to “fragmented regulation”, which it says has resulted in weak and uncoordinated regulation by multiple agencies, duplication of efforts and inefficiencies in enforcement.

It argues that the absence of a single body overseeing the food and agriculture value chain “undermines the effectiveness of regulation” and creates uncertainty for stakeholders.

The proposed authority will inspect food premises, certify meat for public consumption, inspect and certify fish, regulate processed and semi-processed food, and oversee the storage and transportation of food.

The Bill seeks to regulate food packaging, labelling and advertising, while prohibiting the use of radioactive materials, heavy metals and banned substances in food. It provides for residue monitoring to detect harmful substances in food products.

Members of Parliament during Plenary on Tuesday. (Credit: Maria Wamala)

For agricultural chemicals, the Authority will license manufacturers, distributors, fumigators and commercial applicators. It would regulate the import and export of chemicals, as well as their packaging and labelling, storage, sale and advertising.

The Authority will have powers to recall agricultural chemicals and deal with prohibited, banned, restricted, falsified or adulterated products.

The Bill proposes inspectors and analysts with powers to access establishments, conduct sampling and analysis, seize adulterated products and oversee the disposal of obsolete, banned, prohibited and expired products.

Inspectors will, in certain circumstances, order the detention, return or destruction of non-compliant consignments.

The proposed authority will be a body corporate with perpetual succession. Its functions include the registration of veterinary medicines, veterinary devices, veterinary equipment, agricultural chemical application equipment and agricultural chemicals for use in Uganda.

The authority will be governed by a nine-member board appointed by the minister. The board will comprise a chairperson, six members with expertise in veterinary medicine, agriculture, pharmacy, standards and environmental science, and two representatives of farmers nominated by a recognised farmers’ federation.

The Bill contains 13 parts, 101 clauses and three schedules. It seeks to amend the Dairy Industry Act, Fisheries and Aquaculture Act, National Coffee Act and Animal Feeds Act, while repealing the Agricultural Chemicals (Control) Act and the Food and Drugs Act.

The proposed law seeks to give the Minister power to issue written policy directions to the authority.

The Government argues that the new framework would improve the quality and safety of agricultural inputs, strengthen consumer protection and help Uganda gain access to regional and international agricultural markets.

The Bill moves to the Agriculture Committee, where MPs are expected to examine its regulatory, institutional and enforcement provisions before it returns to the House for further consideration.

The public, including experts, are expected to provide their views on the Bill.

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Concern over low cassava yields in Bukedi region

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For decades, cassava has been more than just a crop in Bukedi Sub-region in eastern Uganda. It has served as a lifeline, providing a reliable source of food during droughts, a key source of household income and an integral part of the region’s cultural identity.

Across the districts of Budaka, Kibuku, Butebo, Pallisa and parts of Butaleja, cassava gardens once stretched across vast expanses of land. Families harvested the crop throughout the year, processed it into flour and sold surplus produce in local markets.

Today, however, those fields are shrinking. Farmers are increasingly abandoning cassava cultivation in favour of crops they consider more profitable and less risky, raising concerns about food security and the future of one of Bukedi’s traditional staples.

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Parliament gives Jinja land office three months to clear backlog

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Some staff of the Jinja Ministry Zonal Office meet members of the Parliamentary Committee on Land on August 27, 2026. PHOTO/TAUSI NAKATO.

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