Ghana to add rice on local commodity exchange in efforts towards becoming self sufficient

GHANA – The Ghana Commodity Exchange (GCX) is set to list rice to its trading platform by December this year after clearance and certification from the Securities and Exchange Commission (SEC). After clearance from SEC, […]

Nigerian Rice Mill injects US$13.4m to boost production capacity

NIGERIA – Tiamin Rice Mill Limited has invested a total of US$13.37M to boost its production capacity from the current 320 tonnes to 1,520 tonnes per day in line with the Federal Government’s rice sufficiency […]

Popular Farms invests US$70m to make Nigeria self-sufficient in rice and sesame production

NIGERIA – Popular Farms and Mills Limited, a subsidiary of Stallion group has invested over US$70 million to boost production of paddy rice and sesame in Nigeria to enhance economic fortune of the country. The […]

Azman partners with Nigerian state government to boost rice production

NIGERIA – Azman Rice Mills and Farms Limited, a Nigerian rice processing company has singed a Memorandum of Understanding with Kano State Government that seeks o boost rice production in the State. The agreement will […]

International Grain Council raises global grain production forecast by 11m tonnes

USA – The International Grains Council (IGC) has revised its forecast for total world grain production in 2019-20 upwards by 11 million tonnes. In its most recent monthly Grain Market Review (GMR) the IGC said […]

Hain Celestial sells Tilda rice brand to Spain’s Ebro Foods for US$342m

USA – American food group, Hain Celestial has sold its Tilda rice brand to Spain based Ebro Foods for US$342 million, as it continues to simplify its portfolio of brands. Tilda will contribute approximately US$200 […]

South Korea injects US$8m into Ghana’s rice sector to improve production

GHANA- The Government of South Korea will be injecting US$8 million in Ghana’s rice sector to improve production and activities along the value chains over the next four years. The two governments have also signed […]

Liberia partners with FAO to launch an integrated sustainable rice project

LIBERIA – The Liberian government in collaboration with the United Nations Food and Agriculture Organization (FAO) have launched an Integrated Sustainable Rice System Development Project aimed to boost production. The project was launched at the […]

Ghana unveils rice self-sufficiency initiatives targeting 1.66m MT by 2023

GHANA – Ghana has embarked on comprehensive initiatives to promote rice production as part of the country’s ambitions of realising rice self-sufficiency by 2023.   According to Dr. Owusu Afriyie Akoto, Minister of Food and […]