This is your complimentary issue of the weekly Africa Agribusiness Alert, which highlights news from local and international media on all aspects of agribusiness in Africa. This particular alert focuses on agribusiness all over the African continent To find out more about our other Alerts visit our web site. Feel free to forward this Alert to friends or colleagues.

Africa Alert

Agribusiness

Published: 25 Feb 2020 13:58

 Agribusiness (43) 

Top Stories

East Africa: East Africa forewarned about a second locust invasion

East African countries have been warned about a second locust invasion. The Kenya Ministry of Agriculture has said that this is likely to take place in the next one to two months. The swarms of locusts have spread to Kenya, Uganda, Tanzania, Ethiopia, Somalia, Ethiopia and Eritrea. The eggs laid on the migratory paths are expected to hatch between March and April  ...

Source: Farmers Review Africa (17 Feb 2020 )  Share

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Morocco: Morocco's King Launches New Strategies for Inclusive Agriculture & Forestry

King Mohammed VI chaired on Thursday in the province of Chtouka Ait Baha, Agadir region, a ceremony setting out new strategies for the development of the sectors of agriculture and forestry to enable the Kingdom take up future socioeconomic and global warming challenges ...

Source: The North Africa Post (13 Feb 2020 )  Share

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Nigeria:  Unlocking Productivity and Investment Opportunities Across Agribusiness Value Chain

The Nigerian agric sector has the potential to generate trillions of naira in revenue and this is reflected in the N1.1 trillion food deficit as at 2018. Transforming this potential into actual productivity requires more than the N500 billion total lending to the sector which contributes 25 percent of the nation's Gross Domestic Product (GDP) and generates 48 percent of ...

Source: Vanguard (19 Feb 2020 )  Share

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Nigeria, UK: UK to collaborate with Dantata Conglomerate to promote agribusiness in Nigeria

The British government has set up arrangements to collaborate with Dantata Foods and Allied Products Limited with a view to promoting agribusiness in Nigeria. The British High Commissioner to Nigeria, Catriona Laing, disclosed this when she led a delegation of United Kingdom officials to Dantata Foods in Kano ...

Source: The Sun (19 Feb 2020 )  Share

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South Africa: South Africa continues to be a pacesetter in Agriculture

South Africa continues to be a global pacesetter in many aspects of agriculture. This was evident from many of the presentations on the first day of the inaugural Africa Agri Tech Conference and Expo in Pretoria ...

Source: Farmers Review Africa (19 Feb 2020 )  Share

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Development and Aid

Egypt, EU: EBRD to grant Almarai $ 100 loans to boost dairy production

European Bank for Reconstruction and Development is providing loans of US$ 100 million to the Saudi-based food and beverages producer Almarai for new investments in Egypt and Jordan.

Source: Masress (19 Feb 2020 )  Share

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Nigeria:  Groups Collaborate to Assist Adamawa Farmers

The OCP Group, a global leader in phosphate production and plant nutrition, and the International Rescue Committee (IRC), have established a collaboration to assist rural dwellers displaced by conflict to return to the farms. The two-year pilot project which commenced in 2019, was being implemented in Muchalla, a community in Mubi North Local Government ...

Source: This Day (19 Feb 2020 )  Share

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Nigeria: AfDB earmarks $500 million for four agro zones in Nigeria

The African Development Bank (AfDB), has earmarked $500 million loan for the development of four agro-industrial zones across the country. AfDB President, Akinwunmi Adesina, made this known during a courtesy visit on the Chairman Senate Committee on Local and Foreign Debt, Clifford Ordia, on Wednesday in Abuja. Mr Adeshina, represented by his Senior Special Adviser on ...

Source: Premium Times (19 Feb 2020 )  Share

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Events

Egypt: Alexandria to host Aquaculture Africa 2020

Aquaculture Africa 2020 (AFRAQ2020) will be held in the Egyptian city of Alexandria on 28 November to 1 December 2020. The continent’s largest aquaculture conference will be hosted at the famous Bibliotheca Alexandrina and offers a great opportunity for aquaculture researchers, practitioners, decision makers and other stakeholders to meet, network and discuss all aspects of aquaculture in Africa ...

Source: The Fish Site (17 Feb 2020 )  Share

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Zimbabwe, Africa: African Agribusiness Leadership Dialogue 2020 in Zimbabwe on March 23-27

The theme of this year’s dialogue is “Reshaping agriculture and trade in Africa”, looking at 3 main areas: intra-African trade, agribusiness innovation, and agricultural financing and trade ...

Source: Devdiscourse (19 Feb 2020 )  Share

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Investment - domestic

Ghana: Farming and Agribusiness are back in vogue!

Something is definitely up there when of all the choices available to him, famous actor and political aspirant John Dumelo opts to be a large-scale farmer. That’s because he gets it. That’s because he knows that by growing farm produce for both human and animal consumption, he taps into an agricultural sector that contributes to almost 20% of Ghana’s gross domestic product (GDP).

Source: Business Times Africa (18 Feb 2020 )  Share

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Liberia:  Senate Concession Chairman Commends Sime Darby Plantation Liberia

Monrovia — The Senate Chairman on Investment and Concession in the country, Sando Johnson has commended Sime Darby Plantation Liberia for taking responsible business steps in relinquishing its concession to another company-Mano Palm Oil Industries. Speaking to a team of journalists recently in Monrovia, he said, SDPL had some challenges and was not getting returns ...

Source: FrontPageAfrica (19 Feb 2020 )  Share

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Nigeria: If you are thinking of how to make money, agri-investment is what you should be looking at - H&C Founders

The co-founders of Heart & Capital, an innovative agricultural startup, in this interview express the belief that agri-businesses hold the potential to power Nigeria’s economy and lift millions out of poverty. Umar and Abdulquawiy, who also spoke about the brand’s vision, advised Nigerians, especially the youths to take advantage of agri-investment, which can help attain wealth if it is rightly done ...

Source: Pulse (15 Feb 2020 )  Share

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Tanzania:  Lending to Agriculture Soars

THE annual banks' credit to agriculture sector grew by 90.1 per cent in the year ended December 2019 compared to negative 16.0 per cent in the corresponding year on account of government measures to improve business environment. The Bank of Tanzania (BoT) monthly economic review January shows that lenders' appetite to agriculture sector is high than in other sectors ...

Source: Tanzania Daily News (14 Feb 2020 )  Share

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Investment - international

Angola, USA: Angola has potential to supply food worldwide

Speaking to American and Angolan managers and businesspersons, the USACC chairperson stressed that this reality of Angola poses a unique investment opportunity for American companies. American companies can play a key role in the market through partnerships in logistics infrastructure, agribusiness, processing plant initiatives and know-how transfer, she said ...

Source: Angop Angola Press Agency (18 Feb 2020 )  Share

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Ethiopia: IFC invests in Habesha Breweries

IFC, a member of the World Bank Group, has announced an investment of up to €50m in Habesha Breweries S.C. to help the company expand operations in Ethiopia and increase local barley sourcing from smallholder farmers ...

Source: Africa Global Funds (17 Feb 2020 )  Share

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Rwanda, Poland:  Polish Investors Explore Agric Opportunities in Rwanda

A group of investors and Members of Parliament from Poland are in Rwanda to explore investment opportunities in the agriculture among other sectors. The delegation of about 10 is in the country on the invitation of the Rwanda Development Board and is reviewing opportunities in the country, mostly in agriculture sector. The firms represented are involved in the ...

Source: The New Times (19 Feb 2020 )  Share

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Land rights/Land reform

South Africa: Newly launched agency plans to drive agricultural development, ensure successful land reform

The nonprofit Agricultural Development Agency (Agda), launched on Tuesday, in Pretoria, is a cross-sector, government-supported and private-sector-led initiative to develop farmers by providing technical skills and private-sector financial support and linking the farmers into supply chains to ensure national land reform is successfully and sustainably achieved ...

Source: Engineering News (18 Feb 2020 )  Share

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South Africa: Agbiz welcomes Ramaphosa's plans on ports, Eskom, unhappy about land reform

Agbiz on Friday welcomed the emphasis placed by President Cyril Ramaphosa in his state of the nation address (Sona) on inclusive economic growth to address key challenges facing the country ... However, Agbiz said it reaffirmed its opposition to the proposed change in the constitution to allow for expropriation of land without compensation. It said this was an unnecessary and damaging approach to land reform ...

Source: Times Live (14 Feb 2020 )  Share

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Zimbabwe:  Govt Reduces Farm Sizes

Government has streamlined the sizes of all individual farms in the country's five ecological regions, in a move that will see more people having access to land. The reduction in farm sizes will also boost capacity utilisation of land following concerns that some farms were unnecessarily big and underutilised. Government compulsorily acquired over 12 million hectares ...

Source: The Herald (17 Feb 2020 )  Share

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Production - arable

Ghana: MP calls for protection of cocoa farmers from market manipulation

Dr Kwaku Afriyie, the Member of Parliament for Sefwi Wiawso, has called for the strengthening of measures to protect cocoa farmers from undue price and market manipulation so as to get enough rewards for their toils. Without mentioning names, he said there were some nine companies that had formed a cartel and ...

Source: Ghana News Agency (Business) (19 Feb 2020 )  Share

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Liberia:  Agriculture Minister Meets Cocoa Players Ahead of International Chocolate Trade Fair

Monrovia — Liberia's new Minister of Agriculture, Minister Jeanine M. Cooper, last Friday met major players of Liberia's cocoa and coffee sectors at a meet-and-greet event less than 24 hours before they traveled to the Netherlands to participate in the Chocoa Conference, the world's largest cocoa trade fair that brings together global cocoa buyers, investors and ...

Source: FrontPageAfrica (18 Feb 2020 )  Share

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Malawi: Cotton sector can create 40 000 jobs in Malawi

Cotton Council of Malawi (CCM) has said Cotton sector has potential of creating 40,000 employment opportunities in the country. Luwanda: 40,000 jobs in Cotton sector Promising Cotton fields pic by Tione Andsen (Mana) CCM Executive Director, Cosmas Luwanda disclosed this Saturday during a follow up visit to Cotton fields by Members of the Parliamentary Committee on ...

Source: Nyasa Times (17 Feb 2020 )  Share

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Nigeria: FCTA partners with CBN to improve dairy production in Nigeria

The Federal Capital Territory Administration (FCTA) has expressed its willingness to partner with the Central Bank of Nigeria (CBN) to improve dairy production in the country. Towards achieving this objective, strategies are being put in motion for the establishment of processing plants in the territory ...

Source: Nigerian Tribune (18 Feb 2020 )  Share

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Zimbabwe:  Tobacco Farmers Seek Better Access to U.S. Dollars

Tobacco farmers want the Reserve Bank of Zimbabwe to simplify access to the US dollar component of their proceeds, including a portion to be withdrawn in cash, ahead of the opening of this year's marketing season. The tobacco marketing season usually starts in March. Last year farmers were paid half of their earnings through Zimbabwe dollar accounts with the remaining ...

Source: The Herald (17 Feb 2020 )  Share

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Zimbabwe:  Drive to Boost Horticulture Gathers Pace

The drive to boost the horticulture industry among small-holder farmers to increase foreign currency earnings has gathered pace, with the Government now teaming with developmental partners such as the Food and Agriculture Organisation (FAO). The efforts are aimed at encouraging outgrower schemes between commercial and smallholder farmers to increase production. This ...

Source: The Herald (17 Feb 2020 )  Share

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Production - fishing and aquaculture

Kenya: Uasin Gishu, varsity unveil Sh10m fish hatchery

Fish farmers in Uasin Gishu County have received a major boost after the devolved unit completed construction of Sh10 million hatchery in partnership with University of Eldoret. Chief Officer for Fisheries Victoria Tarus said hatching had already started. She said fingerlings would be harvested every one to two weeks to be offered to farmers at affordable charges.

Source: Business Daily Africa (17 Feb 2020 )  Share

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Nigeria: Ban on fish importation to save Nigeria over $1bn - Agropreneur

The Treasurer, National Fish Association of Nigeria( NFAN), Chibunna Ubawuike, says plans by the Federal Government to ban fish importation will save the country over $1billion US dollars ...

Source: Pulse (16 Feb 2020 )  Share

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Production - livestock

Ghana:  Boost for the Poultry Industry

The 'broiler module' of the Rearing for Food and Jobs, a flagship agriculture intervention programme is expected to be rolled out to increase poultry production and to reduce the huge import bill of imported poultry products. According to the Director of Animal Production of the Ministry of Food and Agriculture (MoFA), Edwin Bekoe, the first phase of the project will ...

Source: Ghanaian Times (18 Feb 2020 )  Share

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Kenya: Nakuru’s only snail keeper relishes trade

Dressed in a green apron, black trousers and gumboots, Rose Waweru looks keenly at the hundreds of creatures crawling inside wooden boxes. She is a snail farmer, keeping the slimy creatures on her farm in Lanet, Nakuru. She is the sole snail farmer in the county, an honour she is carrying with great pride ...

Source: Daily Nation  (15 Feb 2020 )  Share

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Kenya: Milk prices to rise as regulator slaps farmers with new levies

The Kenya Dairy Board (KDB) has set maximum deductions dairy cooperatives should deduct from farmers delivering raw milk in a bid to secure stable and reasonable prices to producers. This move comes after the Agriculture Cabinet Secretary Peter Munya directed cooperatives and other entities procuring milk from farmers ...

Source: Daily Nation (19 Feb 2020 )  Share

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Namibia:  Hardap Dam Crisis 'Catastrophic' to Dairy Industry

Namibia Dairy Producers Association (DPA) says the recent closing of the Hardap Dam sluices close to Mariental in the Hardap region will put the country's dairy industry, already faced by the concurrent drought, on the verge of collapse. Before the closure, the dam supplied water to green schemes, farmers around the dam, as well as potable water to residents of ...

Source: New Era (14 Feb 2020 )  Share

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South Africa:  Department Lifts Livestock Auction Ban

Agriculture, Land Reform and Rural Development Minister Thoko Didiza says after clinical assessments were conducted on the foot and mouth disease outbreak, a decision has been taken to lift the ban on the auction of livestock. She said, however, that while this was a complete lifting of the ban, this would come with several conditions to avoid a similar outbreak in the ...

Source: SAnews.gov.za (18 Feb 2020 )  Share

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Uganda:  MP Ssekikubo Threatens to Stage Demo Over Delayed Cattle Vaccination

Lwemiyaga County MP Theodore Ssekikubo and a section of livestock farmers in Sembabule District have given government one week ultimatum to carry out mass vaccination against Foot -and -Mouth Disease (FMD) in the area threatening to stage a demonstration. Sembabule District, like many other cattle corridor districts has been under quarantine since last year, something ...

Source: The Monitor (18 Feb 2020 )  Share

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Trade

Nigeria:  Nigeria Eyes $92.84 Billion Palm Oil Market

By 2021, the global palm oil market worth is expected to hit 92.84 billion US dollars (N33 trillion), amounting to four times the nation’s budget size of N8 trillion. According to a Zion Market Research’s new report titled, “Palm Oil Market Analysis by Derivative (palm oil, palm kernel oil, palm kernel cake ...

Source: Daily Trust (17 Feb 2020 )  Share

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Senegal, China: China's huge demand for Senegal's peanuts is disrupting the local business

Large peanut orders from Chinese traders have cut Senegal's traditional selling season short this year, rewarding farmers with fat profits but leaving local buyers with slim pickings. Peanuts are an important export in the West African state of Senegal, with the area around the central city of Kaolack a hive of production ...

Source: Straits Times (19 Feb 2020 )  Share

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Zambia: Zambia to benefit from regional agriculture agreement

ZAMBIA is among countries that will benefit from a regional agriculture agreement which seeks to promote research and revamping farming in view of climate change. The Common Market for Eastern and Southern Africa (COMESA)/ Alliance for Commodity Trade in Eastern and Southern Africa (ACTESA) and Regional Network of Agricultural Policy Research Institutes (ReNAPRI) have agreed to strengthen their relations through an existing memorandum of understanding ...

Source: Zambia Daily Mail (18 Feb 2020 )  Share

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Technology/R&D

Ghana: Develop software technology to boost agribusiness under PfJ/PERD

The Ministry of Food and Agriculture (MoFA), has been advised to collaborate with experts to develop a cutting-edge software technology to promote agribusiness under the ‘Planting for Food and Jobs (PfJ)’ and ‘Planting for Exports and Rural Development (PERD) initiatives. Dr. Eli Gaveh, a Senior Lecturer ...

Source: Ghana News Agency (Science) (15 Feb 2020 )  Share

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Ghana: Over 160 applicants selected for 2020 KIC Agritech challenge

Over 160 applicants have been selected to join this year’s Kosmos Innovation Center (KIC) AgriTech Challenge out of the total number of 675 applications across the country. The selected applicants were chosen because of their commitment, drive and passion to become successful entrepreneurs, creating jobs and economic growth for the country ...

Source: Ghana News Agency (Science) (18 Feb 2020 )  Share

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Namibia:  Konigstein Introduces Smart Farming to Mashare

Rundu — A local company Konigstein Capital, which has a 25-year lease agreement to operate at the Mashare irrigation scheme, has installed a smart system at the farm to control centre pivots with a computer or on an iPad without physically being in the field. According to the firm's managing director, Lourens le Grange, the system has reduced the running cost at ...

Source: New Era (17 Feb 2020 )  Share

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Women and Youth in Agribusiness

Liberia:  Agriculture Minister Sets Agribusiness, Youth Empowerment, Loans As Priorities

The newly confirmed minister of Agriculture, Jeanine Cooper, has disclosed the development of agribusiness, encouraging more youths for agriculture activities and the provision of loans for smallholder farmers to expand production among other things as priorities for her administration within the next few months. She ...

Source: Liberian Observer (18 Feb 2020 )  Share

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Uganda: Why agriculture should matter to Ugandan youth

Last week, the World Bank Group in Uganda released the 14th Edition of the Uganda Economic Update whose focus was on Strengthening Social Protection to Reduce Vulnerability and Promote Inclusive Growth. It clearly states that although the agriculture sector accounted for only 1.2 per cent of the growth rate of 6.5 per cent in financial year 2018/19, the sector’s importance for livelihoods, poverty reduction and the broader economy is much greater ...

Source: The Monitor (19 Feb 2020 )  Share

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Other

Namibia:  Agra Scoops Five Awards At the Annual Pmr Awards

Agriculture retail giant, Agra Limited's contribution to local agriculture was recently recognised as they received five PMR Diamond Arrow Awards at the annual event held this week. The retail giant got awards in the categories of Agriculture (game), Agriculture (livestock), Livestock Feed Suppliers, Seed Cultivar Providers and Suppliers of Agricultural Equipment and ...

Source: Namibia Economist (18 Feb 2020 )  Share

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