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Kenya Overhauls Sugar Licensing Regime with Import Freeze and Tougher Factory Approval Rules

By the Numbers Sugar imports (2025) 210,000 MT Sugar imports (2026) 60,000 MT Import decline 71% Import excise duty KSh40/kg Outstanding farmer arrears KSh265M Grower elections 5 Sept. 2026 NAIROBI – Kenya has unveiled one of its...

Economist Says Nigeria Needs One Million Tractors to Modernise Agriculture

Nigeria would need at least one million tractors to achieve effective agricultural mechanisation and unlock its full farming potential, investment banker and development economist...

South Africa Tractor Sales Slip 2% in June 2026 as Farmers Delay Machinery Purchases

South Africa's agricultural machinery market remained under pressure in June 2026, with tractor and combine harvester sales edging lower as farmers navigated an unusually...

Brazil’s Machinery Makers Turn to Export Markets as Domestic Demand Falls 17%

🇧🇷 BRAZIL MACHINERY INDUSTRY ▼17% Domestic Revenue ▲12.7% Exports ▲15.9% China Imports 47.7% Import Share Brazil's machinery and equipment manufacturers are increasingly looking beyond their home market as weakening domestic demand reshapes the...

CNH Sees Early Signs of Agriculture Recovery Despite Weak Second-Quarter Profit

Basildon, UK — CNH Industrial believes the global agricultural equipment market may be approaching a turning point despite reporting weaker profitability during the second...

AGCO Reports Strong North American Growth but Africa and Asia Remain Soft

DULUTH, Georgia – Global agricultural machinery manufacturer AGCO delivered mixed second-quarter 2026 results, with strong sales growth in North America helping offset weaker demand...

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