Browsing: Agriculture

Dangote also plans to launch an oil refinery that would produce 650,000 barrels per day. Currently, the Dangote Group is the second-largest employer in Nigeria after the federal government, and a new plant is a tremendous opportunity to replace Russian fertilizer imports with African jobs that create warehousing, transport, and logistics infrastructure that help to reduce poverty.

Global wheat, sunflower, and oil crude prices have soared to unprecedented levels. Africa is heavily reliant on food imports from both countries, and the Continent is already experiencing price shocks and disruptions in the supply chain of these commodities.

Over the past decade, the Continent has seen growing demand for cereal crops, including wheat and sunflower, which has been mainly supported by imports than local production. Africa’s wheat imports increased by 68 per cent between 2007 to 2019, surging to 47 million tonnes.…

• Uganda to resume sugar imports into Tanzania
• Kenya is yet to allow the proposed import of 90000 tonnes of Ugandan sugar
• Investigation missions pry into a source of Ugandan sugar

Tanzania will now import sugar and anti-retroviral (ARVs) drugs from Uganda after President Samia Suluhu managed to iron out over three years of trade creases between the two countries.

After the agreement, the two countries released a joint communiqué in which they published the trade agreement details. According to the executive communication, Uganda will now supply up to 10,000 tonnes of sugar to Tanzania every year.

This is a major turn of events from zero to 10000 tonnes which finally ends Tanzania’s 2019 ban on Uganda sugar. Before the 2019 ban on Uganda sugar imports into Tanzania, Uganda was exporting into Tanzania in excess of 20000 tonnes.

During the ban, Tanzanian officials had argued that the sugar that Uganda was …

East Africa’s economy is booming, with yearly GDP growth trending upward. The region’s GDP was expected to grow by roughly 5 per cent by 2020. Despite the Covid-19 epidemic, the region increased by 3 per cent in 2021 and is expected to increase to 5 per cent in 2022.…

A road here and a railway there can never equate to bloodshed, torture endured, families separated, a history lost, a culture destroyed, a people lost. Because of colonisation modern-day Africans no longer know who they are or what their heritage is. 

They look up to the Caucasians as the embodiment of beauty, progress, of reason, none the wiser that it is their forefathers in Puntland and Ohir, in Egypt and Mesopotamia, that brought civilization to the world.

2022 Africa Day must be about recognition of Africa, re-branding Africa and re-establishing Africa’s position in the global socio-economic and political arena. On this Africa Day we must not only ask what is Africa but who is Africa. …

Zimbabwe allows for 100% ownership of medicinal cannabis investments, allows for farming on private land, and has put in an added layer of protection called the Investment Stability Agreement.

Recently, Zimbabwe’s President Emmerson Mnangagwa commissioned a US$27 million Swiss Bioceuticals Limited Medicinal Cannabis Farm and Processing Plant in Mount Hampden, Mashonaland West Province.

Farmers Review Africa on May 12, 2022, said Swiss Bioceuticals limited constructed a state-of-the-art medicinal cannabis processing plant, fitted with the first line of medicinal cannabis oil processing. It is also equipped with a cannabis oil processing line aimed at stimulating bio-medical solutions and pharmaceutical products for both local and international markets.…

Agriculture value chain analysis, also commonly referred to as mapping the agriculture value chain, is the assessment of the value chain participants and factors influencing the performance of the agricultural commodity industry and evaluating the relationships between these participants to identify the main constraints.

The purpose of agricultural value chain analysis (AVCA) is to increase the efficiency, productivity and competitiveness of an agricultural sub-sector or industry and develop solutions for how the identified constraints can be overcome.

AVCA assists in developing an understanding of how value chain actors/participants deal with powers and who governs or influences the chain.…

On a spiritual level, the fracturing of the relationship between the people and the land as urbanisation kicked in with a vengeance is causing lasting and severe damage to the environment and the population’s food security.  

The curious thing to a British observer is that nearly all of the people of my age (more than 50 years!) whom I know and who are at the top of their professions in finance, government, trade, hospitality or retail are also…..farmers.

In fact, I know hardly anyone who came to the big city seeking an escape from rural ways who is not now farming in the village or on the outskirts of their city. Many times I see them a good deal more excited about their crops than they are about their balance sheets.…

However, economic growth and the rapid expansion of digital and mobile services are set to change this. 

With the African middle class growing across many African nations, the target market for insurance products is growing.

The report highlighted that there has been a significant rise in demand for digital solutions, as smartphone and affordable internet penetration deepens across the continent, providing opportunities for InsureTechs to step in and offer innovative products.…

Senegal is looking towards learning from the mistakes of other African countries in an attempt to reverse the so-called “resource curse” that plagues many oil and gas producing African countries. In a further demonstration of enlisting public opinion, such a broad meeting was called to brain-storm for ideas and incorporate into a national development programme.
“It is extremely import to remind you all today, we remain convinced that the promotion of a participatory, multi-institutional, and collaborative approach is imperative for capable governance and guaranteeing sustainable prosperity,” stated President Macky Sall of the Republic of Senegal.
Under this new legislation, the citizens of Senegal will have a seat at the table, with civil society to play a leading role in driving the discussion surrounding the monetization of the country’s oil and gas industry. This landmark act will ensure a trickle-down economy that guarantees investments within petrochemicals, agriculture, power, gas, and transportation, …

The government of Tanzania has received 1.3tri/- as Covid-19 relief package from the International Monetary Fund (IMF). Now the government has announced plans to implement a score of projects that will be financed with this fund in a move it says, will help the private sector’s liquidity.

As part of its own fiscal policies to cushion the economy from the negative effects of the global pandemic, the government, through the Central Bank has also released another 1tri/- to commercial banks in a bid to increase their lending capacity.

With these funds, the Central Bank released funding and IMF funding that goes into implementing national projects, the private sector is empowered to borrow and win project tenders and as such increase money circulation in the economy.

The strategy is meant to back the economy which had slowed down due to reduced demand which in turn reduced produced production stagnating the whole …