ZAMBIA – Bowalux Foodhouse System (BFS), an agricultural trading company, has embarked on construction of storage facilitates to be used by small-scale farmers in the country at cost of more than US$130,000.
NIGERIA - The International Fertiliser Development Centre (IFDC) has signed a Memorandum of Understanding (MoU) with Nigerian Breweries and Psaltry International Limited to promote production of cassava in commercial quality.
NIGERIA – Africa’s agriculture and agri-business is expected to grow to $1 trillion by 2030, while the continent’s Foreign Direct Investment (FDI) in agriculture would increase from $10 billion to $45 billion by 2020, the Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, has said.
UGANDA - Coffee farmers earned sh910b from the crop in 2013, according to the agriculture ministry.
ZAMBIA - World Bank has committed a record-breaking US$15.3 billion to sub-Saharan Africa’s development to support shared prosperity and poverty reduction.
World Bank vice-president for Africa, Makhtar Diop, said the money is for the fiscal year July 2013 to June 2014.
NIGERIA - The Managing Director of FrieslandCampina Wamco Nigeria Plc, Mr Peter Eshikena, has disclosed why the company was committed to developing dairy farming in the country.
ZIMBABWE - Zimbabwe’s largest seed company, Seed Co Private Limited plans to invest about $6 million towards research and importation of new technology by 2015 as the company intensifies efforts to compete on the global market, a company official has said.