Ghana Commodity Exchange to launch rice trading on its platform

GHANA – The Ghana Commodity Exchange revealed that it has completed feasibility studies into the local rice market ahead of the listing of the commodity on the exchange later this year. The move, which seeks […]

Ghanaian varsity develops technology to detect substandard rice

GHANA – The school of Agriculture at the University of Cape Coast in Ghana in collaboration with Queen’s University of the UK has developed a technology that detects substandard rice. The technology seeks to among […]

Nigerian rice processor to invest US$50m in new high capacity processing plant

NIGERIA – Darma Rice Mill Ltd has unveiled plans of investing about US$50 million (N15.2 billion) in setting up a new rice mill with an annual capacity of processing 600,000 tonnes. According to a report […]

German government injects US$2.25m in Nigeria’s rice production initiative

NIGERIA – The German government, with support from the Bill and Melinda Gates Foundation, has provided US$2.25 million for the implementation of the second phase of the Competitive African Rice Initiative (CARI) in Nigeria. Mr […]

Research institution develops new drought-tolerant seed cultivars to boost food security in Ghana

GHANA – The Council for Scientific and Industrial Research – Savannah Agricultural Research Institute (CSIR-SARI) has unveiled new drought-tolerant seed varieties with an aim of improving food security in Ghana. The research institution has developed […]

Kenya’s grain imports to increase as local production dwindles, says USDA

KENYA – Kenya’s imports of corn, wheat and rice are expected to increase in the 2019-20 marketing year as local supply of the commodities is projected to decline during the period. This is according to […]

Ministry partners Japanese agency in project to boost rice production

GHANA- The Ministry of Food and Agriculture (MoFA) in Ghana, has partnered the Japanese International Cooperation Agency (JICA), in a move to help rice farmers to scale up the production of quality local rice in […]

RiceBran completes US$12m private placement led by strategic investors

USA – RiceBran Technologies, global leader in processed rice bran products has announced that it has completed a private placement valued at US$12 million led by strategic and institutional investors including Continental Grain Company, DG […]

Rwanda reduces rice prices to protect processing factories

RWANDA – The government of Rwanda through the Ministry of Trade and Industry has reduced rice farm-gate prices down to Rwf270 (US$0.3) for short grain rice and Rwf290 (US$ O.32) for long grain rice per […]

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 […]