ZIMBABWE – Zimbabwe stands to lose over US$250 million revenue annually in cotton exports.
NIGERIA - The National Cashew Association of Nigeria (NCAN) has stated that Nigeria will generate a turnover of about N1 trillion in the next 10 years, noting however that necessary support and encouragement from regulators would make the target achievable.
ZIMBABWE - The hectarage under soya beans has decreased this season with the country expecting to produce 100,000 tonnes of the crop, down from 150 000 tons last year.
TANZANIA - Cotton production in Tanzania, East Africa’s biggest producer of the crop, fell 19 percent short of the country’s target after farmers used less pesticides and high quality seeds, the industry regulator has said.
TANZANIA - Global demand for sisal is booming up to the new heights thanks to the technological advancement that has diversified use of fibres.
GAMBIA - The government through the Gambia Groundnut Corporation (GGC) is poised to purchase an estimated 30 to 35, 000 metric tonnes of groundnuts for the 2014/15 trade season, the managing director of the Sarro-based company has disclosed.
NIGERIA - Executive Director of Nigerian Export Promotion Council (NEPC), Olusegun Awolowo, has said Nigeria is targeting the export of cashew nuts worth $2billion in the two years as part of the measures to diversify the economy and move it away from over-dependence on oil.
NIGERIA - The growing use of soybeans for human consumption and animal feed is creating a shortfall in the supply of the commodity in Nigeria.
TANZANIA - Cashewnut Board of Tanzania (CBT) has said 149,742 tonnes of raw cashew nuts worth USD225, 585,503 have been exported overseas during the 2014/15 agricultural season.
KENYA - The Government has applied to renew its membership of the international organisation of major sisal producers and exporters, the Inter-Governmental Group on Hard Fibres after more than a decade. The Agriculture, Fisheries and Food Authority Sisal Inspectorate move seeks to reverse its predecessor, the Kenya Sisal Board’s decision to quit the global body.
TANZANIA - A grand cotton revival plan is underway aimed at enhancing productivity levels of the cash crop that at one time saw Tanzania highly ranked in the list of major producing countries in Africa only to register a drastic decline in recent years.
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