Agriculture

FILE PHOTO: Central Bank of Nigeria's logo is seen on the headquarters building in Abuja, CBN

CBN unveils new guidelines for credit to agric, manufacturing

The Central Bank of Nigeria (CBN) plans to increase the flow of credit to the real sector of the economy to consolidate and sustain the nation’s economic recovery. To this end, the apex bank on Thursday released new guidelines for its intervention in the sector. Speaking on the guidelines, the CBN Acting Director of Corporate […]

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Edo, FG partner to make Nigeria world’s biggest palm oil producer

Edo State governor, Mr. Godwin Obaseki, has said that the state had joined forces with the Federal Government and other partners to re-establish the country to its former position as the largest palm oil producing country in the world. Governor Obaseki stated this at a pre-AGM cocktail, which preceded the Annual General Meeting, AGM, of […]

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300 Edo farmers set for farm mechanization training

About 300 farmers in Edo State are gearing up for a training programme on farm mechanisation organised by the Edo State Chapter of the Nigeria Cassava Growers Association in conjunction with the Dizengoff Nigeria, an agricultural technology company. Farmers cultivating cassava. AGRA is working to improve the lots of cassava farmers in Africa. Special Adviser […]

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Nigeria’s fertilizer consumption rose by 63% in 2017 : report

The International Fertilizer Development Centre has predicted an exponential increase in fertilizer consumption by Nigerian farmers as a result of the remarkable improvements in the local blending of the input under the Presidential Fertilizer Initiative of the Federal Government. According to a report recently released by the IFDC in collaboration with the Food and Agricultural […]

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Agric Business Group tasks FG on economic growth

Nigerian Stockbrokers Agribusiness Group (NSBAG), have tasked the Federal Government, on the need to put in place the right policies that will drive the growth of Agriculture, which will further diversify the income earnings of the country as well as create more values for farmers in the economy. The stakeholders who spoke at a recent […]

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AfDB okays $120 million to boost cassava, others

The African Development Bank (AfDB) yesterday said it will invest $120 million between the next two and three years to boost the productivity and transform cassava and other eight other commodities on the continent. The nine commodities are cassava, rice, maize, sorghum/millet, wheat, livestock, aquaculture, high iron beans and orange fleshed sweet potatoes. “Transforming cassava […]

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Fall Armyworm Tech Prize: Highest Number of Entries from Africa

Nesta (www.Nesta.org.uk), on behalf of Feed the Future (https://goo.gl/dsQfx6), today announced that 228 applications were received, mostly from Africa, for the global Fall Armyworm Tech Prize (http://FallArmyWormTech.Challenges.org). The Prize aims to find digital solutions to identify, track and protect crops from the pest, which has devastated agricultural produce across the continent. Over 80% of the […]

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Fund for African Private Sector Assistance (FAPA) Donors and African Fertilizer and Agribusiness Partnership (AFAP) sign grant agreement in support of local supply and utilization of fertilizer in Africa

On the sidelines of the African Development Bank (www.AfDB.org) Annual Meetings in Busan, Korea, the Fund for African Private Sector Assistance (FAPA) (https://goo.gl/bkP5Bm) donors and the African Fertilizer and Agribusiness Partnership (AFAP) have signed a grant agreement in support of local supply and utilization of fertilizer by smallholder farmers in Africa. This FAPA grant of […]

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Zambian Govt desires to attract International Businesses of all sizes

Zambia’s High Commissioner to the United Kingdom His Excellency Mr. Muyeba Chikonde has said, the Zambian Government desires to attract International Businesses of all sizes and the country has a lot of trade and investment opportunities for those looking to do business. Addressing the Westminster Africa Business Group during a lunch meeting, High Commissioner Chikonde […]

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Côte d’Ivoire is becoming the bread basket of West Africa

Market update: Good business prospects for the agrofood, plastics and packaging industries in Côte d’Ivoire and West Africa According to GTAI Germany Trade & Invest of 16 May 2018, Côte d’Ivoire is becoming the bread basket of West Africa (https://goo.gl/kJPmWm). Agriculture and the food industry, especially in Abidjan, have been very dynamic for years, both […]

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Climate and disaster risk financing get fresh boost from African Development Bank

The President of African Development Bank (www.AfDB.org), Akinwumi A. Adesina, and the Bank’s Board of Governors held a high-level session on “Climate and Disaster Risk Financing” focusing on the Role of the African Risk Capacity (ARC) (www.AfricanRiskCapacity.org) and the Africa Disaster Risk Financing Program (ADRiFi) on Wednesday in Busan, Korea. The high-level session, part of […]

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The African Development Bank and the African Institute for Mathematical Sciences to explore partnerships for scaling up investments in Science, Technology, Engineering and Mathematics

The African Development Bank (www.AfDB.org) signed a Letter of Intent with the African Institute for Mathematical Sciences aimed at finding opportunities for potential partnership between the two institutions. The organizations will specifically explore ways of strengthening education and research in the mathematical sciences across Africa. The African Development Bank and the African Institute for Mathematical […]

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