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agro news
[ad_1] One of last year’s biggest tech investors in agrifood globally has warned of an eye-watering ¥2.6 trillion ($24.2 billion) annual loss on its startup bets. SoftBank said in a note to shareholders that it made an estimated loss of ¥1.8 trillion ($16.8 billion) last year on its Vision Fund – the $100 billion-plus investment […]
[ad_1] A tangible hint of food insecurity wafted through Kuwait several weeks back, when a cheap and common food item—onions—disappeared from grocery stores in the small Gulf country. With global supply chains disrupted by the coronavirus crisis, the Kuwaiti government sent trucks to buy and haul back 120,000 kilos of onions from nearby Yemen, a […]
[ad_1] The government of the Philippines is boosting a state-led agribusiness marketplace initiative with technology and private sector partnerships to help farmers and consumers during the Covid-19 crisis. The country’s Department of Agriculture (DA) originally launched the project alongside the Department of Interior & Local Government and state-owned enterprise Food Terminal Inc in September last […]
[ad_1] Editor’s Note: Joseph Byrum, a geneticist, is chief data scientist at Principal Financial Group and a regular contributor to AFN. Read more of his contributions here. The next harvest is becoming a matter of economic survival for some growers in uncertain times. With trade wars, pandemics and market plunges, farmers now more than ever need […]
[ad_1] The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), says it has received 80,000 applications on the N50 billion Targeted Credit Facility (TCF) released by the Central Bank of Nigeria (CBN). The Managing Director of NIRSAL, Abubakar Kure, disclosed at a news conference in Abuja on Tuesday. The News Agency of Nigeria (NAN) […]
The Central Bank of Nigeria says interested stakeholders must meet its set criteria to access its N50bn intervention loans for small and medium scale enterprises. The CBN introduced the N50bn Targeted Credit Facility as a stimulus package to support households and Micro, Small and Medium Enterprises affected by the COVID-19 pandemic, and guidelines to access […]
[ad_1] It was a sad Easter Monday in ldanre, Ondo state as a 71-year-old farmer, Eric Olowokande, killed his 52-year-old wife, Mojere, with blows during a fisticuff. A family source disclosed that the couple had a disagreement and in the process, the suspect rained some blows on the wife which led to her death. Mojere […]
[ad_1] Edo State Government said it has commenced the disbursement of over N202 million to 2,250 startups, which spreads across five Local Government Areas of the state. READ MORE: FG Commences Training Of 730 Niger Delta Youths In ICT, Fish Farming, Others Ifueko Alufohai, of the Project Support Unit, Edo Sustainable Development Goals (PSU-SDG), who […]
[ad_1] In her statement, Mrs Ineba Tongkam, the Foundation’s Program Coordinator, explained that the items are to be distributed to the elderly and vulnerable. She said, “On behalf of Dr Mrs Seinye O. B. Lulu-Briggs, the Chairman and the board of the O. B. Lulu-Briggs Foundation, I want to express our gratitude to the leadership […]
[ad_1] Editor’s Note: Henry Gordon-Smith is founder of urban farming consultancy Agritecture and is today launching a new urban farm planning software tool called Agritecture Designer. Every so often, something happens that changes everything. Maybe it was your wedding day, the birth of a child, a hurricane, or 9/11. COVID-19 is one of those moments, […]
[ad_1] President Muhammadu Buhari, in his broadcast, said he had directed some ministers to work on ways of ensuring that the economy functions well during the coronavirus while also ensuring that its effect on this year’s farming season is minimised. “To ensure our economy adapts to this new reality, I am directing the ministers of […]
[ad_1] Suspected herdsmen have killed two young men in Agatu Local Government Area of Benue State. In a renewed attack launched by the suspected herdsmen, the two people were said to have been beheaded and their heads taken away. An uncle to one of those beheaded, Mr Oyaje Sule, told Tribune Online that his nephew, […]
[ad_1] Now more than ever farmers are probably looking for ways to bring more income as an uncertain financial future lies ahead. Markets are taking unpredictable cartwheels, consumers are abandoning traditional buying patterns and the supply chain is on a topsy turvy tailspin. Yet, the same problems that so many agrifood tech startups were working […]
[ad_1] Amidst the upsurge of the coronavirus pandemic, the Nigerian food system would be strained in the coming weeks and months, some agricultural experts have posited. The experts, who spoke with PREMIUM TIMES, also suggested ways the country can navigate this period of uncertainty and ensure food security, especially in the light of the declining […]
[ad_1] New Zealand’s largest e-commerce company is re-listing online livestock and feed sales as the country enters the third week of a Covid-19 lockdown which has severely restricted farmers’ ability to buy, sell, and feed their animals. When New Zealand prime minister Jacinda Ardern announced the country would go into a strict ‘alert level four‘ […]