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AgroBusiness Times

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Cocoa Industry Agrees Plan To Tackle Deforestation

Major chocolate makers, including Ferrero, Nestle and Mars, agreed on Thursday a landmark initiative to tackle deforestation in top cocoa producers Ivory Coast and Ghana – a move hailed by Prince Charles. Twelve cocoa and chocolate companies agreed to “a statement of collective intent” committing them to work to end deforestation and forest degradation in […]

Cassava Growers Make Emir of Daura Patron

The National Association of Cassava Growers has appointed the Emir of Daura, Alhaji Umar Farouk, as its grand patron in recognition of his contribution to agriculture. The President of the association, Pastor Segun Adewunmi, who presented the letter of appointment to the emir in Daura on Thursday, in Daura said the appointment took immediate effect. […]

FG, States Want 1% Interest Rate On China’s $4.5bn Mechanisation Loan

The Federal Government and state governments have called on China-Africa Machinery Corporation (CAMACO) to slash its interest rate on its proposed 4.5-billion-dollar farm mechanisation loan to one per cent. The governments made the request on Thursday during a meeting of the Technical Implementation Committee of CAMACO with state Commissioners of Agriculture in Abuja. News Agency […]

Banks Must Support Farmers If Nigeria Must Survive As A Nation —Audu Ogbe

The Honourable Minister for Agriculture and Rural Development, Chief Audu Ogbe, has said that, for Nigeria to survive as a nation, banks must support farmers through agriculture financing with single digit interest loans, warning of a possible catastrophic disaster in the near future if the nation fails to achieve food sufficiency and security. Audu Ogbe […]

Can Africa Deal With An Expected Boom In Demand For Meat?

Africa is set to experience a unprecedented boom in demand for animal foods over the coming decades that if not properly managed could lead to the spread of new diseases, damage the environment and affect people’s livelihoods, experts say. The United Nations forecasts demand for meat, milk and eggs in Africa will almost quadruple by […]

Global Agriculture Innovators Vie For Top Honours At Future Agro Challenge Awards

Two South African innovators in the agriculture industry, Reel Gardening and Meat Naturally, will on Wednesday battle it out against 48 other agripreneurs for the title of Agripreneur of the Year. As part of agriculture innovation hub Future Agro Challenge’s (FAC’s) Global Championships, held in collaboration with the Securing Water for Food Grand Challenge, in […]

Unlocking The Power of African Soil Microbes

These microscopic marvels are transforming agriculture in the developed world; now it’s Africa’s turn We have heard it over and over—that microbes will revolutionize agriculture. We have seen big investments by larger agricultural companies. We have witnessed a gradual growth in the number of companies and start-ups jumping on the wagon to produce and commercialize […]

Oxfam Seeks Favourable Policy To Boost Women’s Capacity

Oxfam in Nigeria has called on the government to demonstrate the political will to create a macro-economic policy environment that increases women’s productive capacity as full economic agents. IT also canvassed increased investments in the agricultural sector. Its ‎Associate Country Director, Evelyn Mere made the call in Abuja at the 2017 International Women Day, with […]

Customs Intercept Container Of Tilapia Fish From Turkey

The Apapa Command of the Nigeria Customs Service, NCS, has intercepted a 40ft container of frozen Tilapia fish imported from Turkey and valued at N22.1 million. The Customs Area Controller, Comptroller Muhammad Jibrin, said this on Monday when he led journalists to APM Terminals, Apapa, where the container was intercepted. Mr. Jibrin said that the […]

Rice Farmers Enjoy Growth Amid Economic Downturn

Agriculture has been a beneficiary of steps to counter effects of dollar shortage Young men, ageing widows and local chiefs — even civil servants — have taken to the fields to work in rice paddies that stretch for miles around Tarasa, a village in Kebbi State. Two years ago, the land in one of the […]

Fertiliser Production: FG Initiative Saves N60b for 2017-FEPSAN

The President, Fertiliser Producers and Suppliers Association of Nigeria (FEBSAN), Thomas Etuh has said the Presidential Fertiliser Initiative has eliminated subsidy on fertiliser by saving at least N60billion in budgetary Provisions in fertiliser supply for 2017. He also said the initiative “would boost foreign exchange savings of $200 million by maximising local content” Media recalls […]

Nigeria’s Non-oil Economy as Path to Diversification

Bashir Wali (acting Managing Director and CEO of NEXIM Bank) writes on the need for more actions aimed at diversifying the economy and foreign exchange earnings through increased non-oil exports Neither government agencies nor private sector businesses can do enough in supporting the agenda for diversifying the sources of foreign exchange earnings for the country. […]

First Bank Holds Agriculture Expo

As part of plans to enable businesses in the agricultural sector gain insights on how its innovative solutions will support business development, and believe that reinventing agriculture is the key factor to sustainable national development, First Bank of Nigeria plc, one of Africa’s leading banks, will today, the 14th day of March, 2017, play host […]

Obiano Commissions JOSAN Rice Farm And Mills In Anambra State

The Anambra State Governor, Willie Obiano, has commissioned an ultra-modern integrated rice farm and mill, named JOSAN, at Ufuma, Orumba north Local Government Area of the state. At the commissioning, the governor revealed that rice production in the state is presently 400,000 metric tons, above the 320,000 metric tons of annual consumption capacity of the […]

AfDB, Sudan Launch ENABLE Youth Sudan Program

The African Development Bank and the Government of Sudan, in collaboration with the International Institute of Tropical Agriculture (IITA), launched the ENABLE Youth Program in Sudan on Thursday, March 2, 2017. The AfDB Board approved the ENABLE Youth program on November 28, 2016 with total cost estimated at US $32.3 million. The AfDB is contributing […]