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AgroBusiness Times

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How agro processors can access finance with Warehouse Receipts System-NCX

[ad_1] The Managing Director of the Nigeria Commodity Exchange (NCX), Zaheera Baba-Ari, has advocated the use of Warehouse Receipt System (WRs) in the trading of agricultural produce. Baba-Ari spoke in Lagos recently at the Nigeria Manufacturing and Equipment Expo, which was co-located with the 6th Nigerian Raw Materials Expo. According to her, Warehouse Receipt System […]

Farm mechanisation suffers as Nigeria needs more 63,000 tractors

[ad_1] Food security efforts of the country are suffering roadblocks as mechanisation of farm operations with tractors and other equipment urgently requires at least 63,000 additional functional tractors to close the demand and supply gap. A tractor-deficiency assessment reveals that Nigeria needs 70,000 tractors and other mechanical equipment to meet up farm mechanisation services required […]

Cowpea: Nigeria to come out of EU ban in 2021

[ad_1] The Cowpea and Beans Farmers, Processors and Marketers Association of Nigeria has begun plans that will see Nigeria export quality beans to the European market, as the ban placed on the country is expected to be lifted by 2021. The National President of the association, Shittu Mohammed, disclosed this to PREMIUM TIMES in Abuja […]

Lagos launches farm record handbook, trains farmers on e-record portal

[ad_1] The Lagos Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS) Project has launched a Farm Record Handbook and e-record portal application for collecting, organising and categorising records to enhance good farm management among farmers in the state. Speaking at the stakeholders workshop, Lagos State Commissioner for Agriculture, Prince Gbolahan Lawal, said that farm record […]

Coronavirus, CBN and Nigerian farmers

[ad_1] WITH the reported slump in oil prices due to Coronavirus plaguing the world today, many are already scared that the forecast for Nigeria’s 2020 growth might nose dive as it is projected a fall in oil prices will quicken depreciation of the Nigerian currency amid rising external debt. Brent crude oil prices fell to […]

Benson Hill to grow, process, and sell ultra-high protein soy to meet demand for plant-based alternatives

[ad_1] Plant-based food products are often touted for their environmental benefits over those involving animal agriculture, but they’re certainly not perfect. Growing and processing crops into food products still requires a lot of natural resources including water, fertilizer, pesticides, and energy. Benson Hill, the crop genetics startup based out of St Louis, Missouri, is working […]

How Indian agritech can help address climate risks

[ad_1] Editor’s Note: Hemendra Mathur is an investor, mentor and board member of many Indian agritech, food, and foodtech startups and overseas. He works as venture partner with Bharat Innovation Fund. He is also co-founder of ThinkAg – a platform for accelerating adoption of innovations in the agriculture and food space. The views expressed in this […]

Asia drives $786m global investment in Agribusiness Marketplaces last year

[ad_1] Alternative protein gets plenty of limelight in the agri-foodtech arena nowadays. But there are startups from outside the “fake meat” craze that are having just as big an impact on the global ecosystem. Agribusiness marketplaces are one such category, seeking to bring greater efficiency to the agrifood supply chain both upstream and downstream of […]

Lagos, Ogun partner to train 3,000 youths in agriculture

[ad_1] By Adejoke Adeleye In a bid to make Southwest food basket of the nation, Ogun and Lagos States have partnered to train over 3000 youths on tomatoes, chili pepper, garment value chain, and many others The Ogun State Commissioner for Agriculture, Dr Adeola Odedina, revealed the training was not just to make the state […]

APPEALS project coordinator proffers solution to herdsmen, farmers crises

[ad_1] The Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS), Kogi State Project Coordinator, Dr Sanni Abdullahi Ozomata, has said integrating herdsmen into the local farming activities of where they reside will go a long way in resolving farmers/herders clashes in the country. Dr Ozomata stated this during an interactive session held with farmers at […]

Oil price crash: Nigeria needs agriculture to sustain economy —AFAN

[ad_1]   The National President of All Farmers Association of Nigeria (AFAN) Kabir Ibrahim, has said that Nigeria would be the worst hit by the current oil price crash due to over-dependent on oil. He said, at this point, unnecessary importation of food items should be discouraged, and the government should open windows for farmers […]

Fulani herdsmen attack OPC member in Ondo

[ad_1] A member of Oodua People’s Congress (OPC), Sola Oguntade was reportedly attacked by suspected Fulani herdsmen in Araromi area of Oba-Ile in Akure North area of Ondo State. He was attacked at Owode/Araromi axis along airport road on last week Friday night while he was working with his motorcycle. The victim is a commercial […]

Startup Spotlight: Transport Genie is tackling animal welfare during transport with its micro-climate sensors

[ad_1] Livestock technology is gaining momentum both in terms of investor interest and the types of technologies being developed. From precision biologics to replace antibiotics to AI-powered tools to help get the headcount right to computer vision to do daily health checkups, startups are tackling some of the industry’s biggest pain points. For consumers, welfare […]

Borno sets up committee to revive fishing at Lake Chad basin

[ad_1] The Borno State governor, Babagana Zulum, has constituted a committee on the processing and sale of fish in the Lake Chad Basin following a clearance from the Chief of Army Staff, Lt-Gen. Tukur Buratai. About five years ago, the military banned fishing, processing and sale of fish based on the intelligence reports that Boko […]

FG, Edo disburse N202m grants to 2,250 agric start-ups

[ad_1] Edo State government, on Thursday, commenced the disbursement of over N202 million to 2,250 start-ups spread across five local government areas of the state. The Focal Person, Project Support Unit, Edo Sustainable Development Goals (PSU-SDG), Mrs Ifueko Alufohai, said this at the training and disbursement of the grants to beneficiaries in Ovia South-West Local […]