AfDB to invest US$120 million to boost cassava and rice production

NIGERIA - The African Development Bank Group has revealed plans to invest US$120 million over the next two to three years in the production and transformation of cassava among other important commodities. As part of a strategy to achieve agricultural diversity, the funding will also boost production of maize, sorghum/millet, wheat, livestock, aquaculture, high iron…

Former CBH CEO to join Australia’s consumer brand, SunRice

AUSTRALIA - Sun-Rice, the Australian consumer brand and trading name of Ricegrowers Limited is set to receive Andy Crane, former chief executive officer of CBH as additional external director. She will be elected to the board during SunRice’s annual general meeting (AGM) on September 20 According to WorldGrain, Crane has more than 30 years’ experience…

IRRI partners with quality assurance group Intertek for sustainable rice production

ASIA - The International Rice Research Institute (IRRI) has partnered with the UK based multinational inspection, product testing and certification company, Intertek to enhance sustainable rice production and global food security. The collaboration will see Intertek use rice DNA markers developed by IRRI in a joint initiative geared at equitable sharing of knowledge and provision…

World Bank, federal government opens up markets for rice farmers

NIGERIA - The Federal Government of Nigeria in collaboration with the World Bank is opening new market frontiers for rice farmers by linking them with off-takers and aggregators, reported This Day Nigeria. Through the Ministry of Water Resources, the government organised a business forum bringing together rice farmers, off-takers and other value chain actors in…

IFC partners with Myanmar Rice Federation to boost growth in rice industry

ASIA - The International Finance Corporation (IFC), a member of the World Bank Group and Myanmar Rice Federation (MRF) have signed a memorandum of understanding to support sustainable growth of Myanmar’s rice industry. The partnership made by a collaboration with Australia, United Kingdom and Japan aims to accelerate changes in the industry through development, improvement,…

IFC partners with Mars Food to promote sustainable development in the rice industry

ASIA - IFC, a member of the World Bank Group, and Mars Food and Battambang Rice Investment Co., Ltd, have launched a partnership to promote sustainable development of Cambodia’s rice industry. According to IFC, the partnership will work toward improving rice production and enhancing linkages with the global rice value chain and will help Cambodia’s…

Nigeria’s Lagos State to commission the ‘biggest in Africa’ rice mill in Feb 2019

NIGERIA - Nigeria’s Lagos State has revealed that it was planning to commission and start production for 32 metric tons per hour rice mill in February 2019, which Adebowale Akinsanya, Commissioner for Works described as the biggest in Africa, according to the Guardian Nigeria. This forms part of the Federal Government’s initiative to self-sufficiency and…

Nigeria to import more rice and wheat as consumption needs rise

NIGERIA - Nigeria, one of the largest economies in Africa is set to import more grain supplies; wheat and rice to meet increasing consumer needs, consumption rates impacted by an influx of refugees in the country. According to a report by the Global Agricultural Information Network (GAIN) of the USDA, the country’s rice production is…

Investors to pump US$693.7m in Nigeria rice production

NIGERIA - Investors in the Nigerian rice industry are planning to invest about US$693.7 million to enhance domestic production and save on importation costs the country has always incurred. The Guardian Nigeria reports that the announcement was made by the Minister of Agriculture Audi Ogbeh during a Rice Conference organised by Agro Nigeria. This is…

Dangote, Flour Mills of Nigeria boost wheat production with threshing machines

NIGERIA - Dangote, Flour Mills of Nigeria and other stakeholders in the milling industry have donated 50 units AMAR multi-crop threshers to wheat farmers to boost wheat production in the country. According to the Guardian Nigeria, this aims at improving grain production for Nigeria estimated at about 16.3 million tons for wheat, rice, corn and…