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Fri,24Nov2017

agribusiness

India to import pulses from Mozambique through govt channels

Photo©AP/SIPAIndia, the world's biggest consumer of pulses, will help Mozambique in cultivation of pulses and import them through government-to-government deals in the coming years, Telecoms Minister, Ravi Shankar Prasad said on Tuesday.

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My Journey Back to the Future of African Farming - Olusegun Obasanjo

Former President of Nigeria, H.E. President Olusegun Obasanjo. Photo©YOSHIKO KUSANO/AP/SIPAEvery year, thousands of young Africans join an exodus from their families' small, often struggling farms in the countryside. Their dream – sometimes fulfilled, often not – is to find a more rewarding and stimulating life in the continent´s rapidly growing cities. Few return, but even fewer ever completely sever their ties.

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Cote d'Ivoire: Global demand and smuggling push cashew prices

A man working in a cashew nut factory packs a container in Bissau, Guinea Bissau. File Photo© SCHALK VAN ZUYDAM/AP/SIPAHigh global demand for cashews is pushing up prices in Ivory Coast, the world's leading producer of the nut, where local exporters are battling with smugglers for supplies, farmers and exporters said on Friday.

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Agribusiness: Guinness Ghana unveils new local made beer

One of Ghana's top beverages makers has introduced a fresh home-grown beverage made of blended indigenous African herbs and spices.

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Agribusiness: Tiger loses its stripes

From sacks of flour to sackings, Tiger Brands has had a disastrous year. Photo© The New York Times/REATiger Brands caught executives fudging sales figures in Kenya, and now it has written off $120m from its Nigerian business. What is next for one of the continent's largest agribusiness firms?

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Top 500 Companies: Growing pains for some but not for others

Bidvest remains the giant of the sector, expanding its exports to Asia and Europe, while the competition bites into the sugar pie.

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Trade: As EU sugar quota ends, African producers to shift sales to domestic markets

File photo©ReutersSub-Saharan African sugar producers will shift sales to growing regional and domestic markets when exports to the European Union become less attractive after production quotas are dismantled in 2017, industry sources and analysts said last week.

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Manufacturing: East African Breweries to make more cheap beer as taxes rise

Kenya's East African Breweries Ltd (EABL) expects a hike in beer excise duty to hit demand in its home market in the coming months and will raise output of a lower-taxed cheap brand in an attempt to offset the impact, its CEO said on Friday.

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American fund acquires Ethiopian diary firm

Ethiopia has the largest number of milking cows in Africa. Photo©ReutersAn American investment company, Schulze Global Investments Limited, has completed the acquisition of a 45 percent stake in Ethiopian dairy products producer, MB Plc.

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Agriculture: From copper to cows, a Zambian move

Photos© Adrià Fruitos for TARThe mining downturn is leading Zambia's government to look to agricultural development for opportunities

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Agribusiness: Tanzania waits for sweet salvation

Photo©Noor KhamisThe government's partnership with Swedish company EcoEnergy was touted as a flagship for foreign investment. NGOs say it is a land grab. Caught in the middle for the past four years are the farmers due compensation.

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Cote d'Ivoire to set 2015 cocoa farmer price

File photo©ReutersTop cocoa grower Ivory Coast will announce a minimum farmer price of 1,000 CFA francs ($1.70) per kilogram at the opening of the 2015/16 marketing season on Thursday, an economic adviser to President Alassane Ouattara said.

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Agribusiness: Ghana to miss $5 billion exports earnings target

File photo©ReutersGhana could lose billions from non-traditional exports following the country's food and agriculture ministry's ban on vegetable exports to the European Union market.

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Horticulture: Green shoots for Ghana's flower industry

Photo©Billie Adwoa McTernanAs profit grows so does the capacity and this provides the opportunity to employ more women farmhands. The women would become masters of their land and hopefully their pockets too.

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We built a world-class food facility in Ethiopia - Vivian Imerman

Vivian Imerman Chairman, Vasari Global. Photo©Vasari GlobalVasari Global and its partners have entered the Ethiopian biscuit business and have their eyes on the wider East African market as consumer spending rises.

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Nestle scales back Africa workforce

Swiss food and drinks company Nestle is cutting 15 percent of its workforce in 21 African countries, the company confirmed on Wednesday.

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Broken machines and broken trust in Nigeria

Cattle theft and conflict with farmers are just two of Fulani herders’ woes. Photo©Jacob SILBERBERG/PANOS-REAThe cattle industry in Nigeria will not take off unless more money is invested and more time is spent on addressing the conditions of pastoralist herding communities.

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Ethiopia: World Bank invests in local company

Photo©ReutersEthiopian based flower grower, Afriflora Group, is set to benefit from a World Bank finance facility, after the bank announced it will lend up to €90 million to the company.

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Ethiopian farmers are getting 60% more of the value

Ermias Eshetu Chief executive, Ethiopia Commodity Exchange. Photo©All Rights ReservedHaving launched operations in 2008, the ethiopia Commodity exchange has moved out of its pilot phase and plans to ramp up technology to improve speed and traceability.

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Zimbabwe registers low bread consumption amid low wheat production

Zimbabwe's bread consumption has declined to 850 000 loaves a day from 1, 5 million loaves five years ago.

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