EU to pump US$166.74m in Ghana’s agriculture to boost food security

GHANA – The European Union, has committed US$166.74 million (£147 million) as an intervention to revolutionize the agricultural sector in Northern Ghana with an aim of improving food security in the country. The funding is part of a partnership between the European Union and the Ministry of Food and Agriculture in the country. The agricultural…

Ethiopia’s US$10bn Agro-processing parks set for completion by June

ETHIOPIA – Ethiopia is set to complete construction of its 4 pilot Integrated Agro-Processing Industrial Parks (IAIPs), an investment worth US$10 billion, by the end of June this year reports Ethiopia News Agency. The pilot agro-processing parks have been under construction since 2016 and features; a Baeker for sesame, sorghum and livestock; Bulbula for cereal…

Standards Organisation of Nigeria develops new standards for indigenous foods

NIGERIA – The Standards Organisation of Nigeria (SON) in collaboration with other institutions has developed five new standards on indigenous foods as it seeks to promote the government agenda on economic diversification through agriculture. The Vanguard reports that the on-going development of the Standards also seeks to promote the application of research and technology to…

Nigeria’s coconut company targets 10000 hectares plantation to boost production

NIGERIA - Nigeria’s start up coconut company, First African Coconut Company, has unveiled plans of establishing a 10,000 hacares coconut plantation in Nigeria to boost local production. John-Bede Anthonio, an agribusiness entrepreneur and pioneer of the coconut company said that the firm is working in partnership with the Lagos State Coconut Development Authority with an…

World Bank pumps US$95m to transform Malawi’s agricultural sector

MALAWI - Malawi’sagricultural sector is set to receive US$95 million from the World Bank through a six-year Agricultural Commercialization (AGCOM) Project that seeks to transform the sector into a high productive commercial division. Malawi News Agency reports that AGCOM National Project Coordinator, Dr. Ted Nankhumwa said the project aims at commercialising the subsistence orientation among…

South Africa farmers appeal for governments support as drought escalates

SOUTH AFRICA – Commercial farmers in South Africa have appealed for financial support from the government as researchers say dry weather and hot conditions may persist in the country, reports Business Day. AgriSA, a farmers’ lobby group in SA, said that the country’s crop and livestock sector is facing serious challenges that could affect agricultural…

SAGCOT commits to transforming agriculture

TANZANIA - The Southern Agricultural Growth Corridor of Tanzania (SAGCOT) has unveiled plans of partnering with stakeholders in both the private and public sectors to ensure growth and development in the agricultural sector, reports Daily News. Director General of SAGCOT, Mr Geoffrey Kirenga said that this is part of the strategy that will ensure the…

South Africa farmers receive US$ 0.6m drought support fund

SOUTH AFRICA - The department of agriculture in South Africa’s Western Cape Province has disbursed US$0.6 million (R8.3 million) in drought support to 586 farmers in the central Karoo region, reports IOL Business. Beverley Schäfer, minister of economic opportunities in the Province on his visit to meet farmers who are currently in the fourth year…

World Bank launches US$25m project to support Liberian farmers

LIBERIA -  The world bank has approved a US$25 million International Development Association (IDA) credit set to benefit over 17,500 smallholder farmers through Smallholder Agriculture Transformation and Agribusiness Revitalization Project (STAR-P) of Liberia. The Daily Observer reports that the funding is aimed at facilitating increased productivity of smallholder farmers for commercial purpose through the STAR-Project.…

Nigeria partners Brazil through US$ 1.1b investment loan to boost agriculture

NIGERIA – The federal government of Nigeria has taken a US$1.1 billion loan from Brazil to boost agricultural sector and create 5 million jobs, reports Premium Times The programme under the name “The Green Imperative” was inaugurated by Vice President Yemi Osinbajo and the Brazilian Ambassador to Nigeria, Ricardo Guerra de Araujo. Osinbajo said that…