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- Agribusiness including the entire agriculture and livestock sector represents approximately 17 per cent of Senegal’s GDP.
- The agriculture sector is currently employing 70 per cent of the population.
- Food imports, especially rice, which is the population’s main staple crop with imports accounting for 65 percent of the national consumption.
The African Development Bank (AfDB) Group has approved a $95 million (€86.89 million) loan to Senegal to develop an agribusiness processing zone in the north of the country.
The Bank’s contribution accounts for 30.7 per cent of the estimated €283.05 million total project cost. The Islamic Development Bank (21.2 per cent), the West African Development Bank (15.9 per cent), Sponsor Dette (19.3 per cent) and Sponsor Equity (7.7 per cent) are the other contributors to the implementation of ‘Projet Agropole Nord‘, in English, ‘Agricultural Hub North Project’.
Agribusiness plant to enhance forestry, and fisheries segments
The project is intended …
Africa's human development cannot proceed until the first and most basic need—food—is met. A report by AusAID titled Improving food security in Africa reveals that over two-thirds of the population relies on agriculture for income and basic food needs. With food, fuel, and fertiliser crises that have followed the extended Russia-Ukraine crisis, the World Bank has described the current conditions in sub-Saharan Africa as "the perfect storm," which includes the COVID-19 pandemic, skyrocketing inflation, a growing debt burden, and harsh weather.
The World Food Programme's 2022 Global Report on Food Crises estimates that 140 million people across Africa are experiencing food insecurity on a regular basis.
With many countries facing food security issues, many nations have partnered with the World Bank to implement a series of short-, medium-, and long-term actions to combat the effects of food insecurity, such as overreliance on imports and persistent drought. These measures are also…
According to Statista, agriculture contributes at least 4% of the annual value added to the gross domestic product of Brazil. It accounts for at least 9% of the people who are employed and able to work. On the face of it reading numbers 4% and 9% seem like they are nominal until one considers the sheer size of the country of Brazil in terms of land mass. Brazil is one of the largest countries in the world in terms of land area. It sits on no less than 8.5 million square kilometres.
Of this land mass, approximately a third is used for agriculture. For perspective’s sake, Brazil is the fifth largest country in the world after Russia, Canada, China, and the United States. The Brazilian Report states that all the countries that make up the European Union would fit inside Brazil’s borders!
To bring the perspective much closer to home, …
- Kenya exported coffee worth 26.1 billion shillings (about 229 million U.S. dollars) in 2021
- Kenya’s coffee farmers have over the years complained about the poor prices and mismanagement
Kenya’s coffee farmers have over the years complained about the poor prices and mismanagement that bedevil the commodity.
While coffee was for a long time known as the main forex earner for the country, other sectors like tourism and ICT have overtaken its earnings. So rich was coffee earnings in a newly independent Kenya in the 1960s that it was nicknamed ‘black gold’.
Last year, Kenya exported coffee worth 26.1 billion shillings (about 229 million U.S. dollars) in 2021, up from 195 million dollars in 2020. This was almost a hundred per cent improvement of the US$102 million (KShs10.2bn) at the end of the 2018/2019 crop year which was a 20 per cent drop from the previous year.
Read: Uganda leaves international …
Kenya’s National Cereals and Produce Board has signed a Memorandum of Understanding (MOU) with Safaricom’s DigiFarm Kenya Ltd to help small-scale farmers in Kenya access post-harvest management services through the digital platform.
The MoU comes at a time when a new survey has indicated that African farmers are missing out on agritech innovations that could supercharge the sector with opportunities for youth.
The board said it shall offer post-harvest management services to farmers present on the platform, while DigiFarm will connect NCPB to small-scale farmers, who will in turn, access NCPB services at prevailing rates.
DifiFarm bypasses middlemen, giving small-holder farmers direct access to low-cost seeds and fertiliser, credit providers, and bulk purchasers of their produce.
NCPB Managing Director J. Kimote said the MoU is aligned to the agriculture hub model that the board is required to establish under the Reforms.
“The hub shall provide a one-stop shop for farmers …
Data by the bloc reveals that the sector provides livelihoods for about 80 per cent of the region’s workers, and accounts for about 65 per cent of foreign exchange earnings.
The continent, which COMESA Secretary General Chileshe Kapwepwe said last month has the potential to feed its self and export to the rest of the world, has remained a net food importer for the last 15 years.…
Stakeholders of agriculture on the continent have urged governments to work with the private sector to build resillient food systems to bridge the widening gap in production.
Speaking during the Alliance for a Green Revoluton in Africa (AGRA) organized Africa Green Revolution Forum (AGRF) Summit last week, speakers reiterated that food security cannot be achieved without a gvernment facilitated enabling environemnt for agribusiness to thrive.
The summit was held ahead AGRF , slated for September in Nairobi, where leaders, while celebrating the milestones the agriculture sector has made over the years, called on enhanced collaboration in transforming the continent’s food systems amid rising concerns over global food shortages owing to increasing population, shrinking land and climate change.
“As we look at innovative ways of producing food to feed our people, assist our farmers and bolsters agribusinesses, we must explore ways of working together to actualize this commitment. The partnership between …
NAIROBI, Kenya, Jun 14 – South Sudan will benefit from two new projects totaling $116 million that aim to strengthen the capacity of farmers, improve agricultural production, and restore livelihoods and food security.
This comes at a time when the East African nation is facing increasing levels of food insecurity despite increased production, with exceptionally high food prices constraining access to food for large segments of the population and desert locusts devouring crops.
Available data projects that 7.2 million people will face acute food insecurity in the coming months, which is the highest number since the country’s independence.
The first project is dubbed ‘South Sudan Resilient Agricultural Livelihoods Project (RALP)’, and will provide a grant of $62.5 million to support investments in training for farmers to help them efficiently manage their organizations, adopt new technology, and use climate-smart agriculture practices to boost their yields.
The funds will also be invested …
In the months surrounding the birth of our own republic, from 1961 to 1963, a crucial, international organisation was also being born, to assure food safety across the globe.
As a partnership between the Food and Agriculture Organisation of the United Nations and the World Health Organisation, the Codex Alimentarius Commission produces the Codex Alimentarius, which is Latin for the ‘Book of Food’. It contains internationally recognised guidelines, standards, codes of practice and recommendations on food safety, with just two goals: to ensure the health of consumers and fair trade in food.
Yet, today, both are under threat.
Over the 60 years since the Codex was launched, the commission has been led by the world’s top scientists, drawing on every global study to set food safety standards that include assessing pesticides for their impact on human health. To do that, Codex sets Maximum…
Additionally, a 2020 survey by CPS International shows that 30 per cent of employers are unsatisfied with the talents newly-hired graduates cause board from university.
As a result, over the last several years, there has been a gradual change within the perception that young, educated Kenyans have had about what would are called less-glamorous jobs like in agriculture. …