USAID, Ethiopian Airlines Partner To Provide Agricultural Products From Local Farmers

USAID, Ethiopian Airlines Partner To Provide Agricultural Products From Local Farmers

Farmers For Ethiopian Airlines and the United States have entered into a new partnership agreement that will enable the nation’s flagship carrier to source locally grown produce and ingredients for preparing in-flight meals for global passengers. Ethiopian Airlines, Group CEO Mr. Tewolde GebreMariam and U.S. Ambassador Michael Raynor signed a Memorandum of Understanding(MoU) in which the U.S. Agency for International Development (USAID) will provide Ethiopian farmers and food producers technical assistance and access to financing in order to ensure they meet the airlines’ standards of quality and volume to serve…

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New Investments Will Give Africa lead In Agric Devt – Standard Bank

New Investments Will Give Africa lead In Agric Devt – Standard Bank

At a time when the rest of the world is re-thinking its approach to commercial agriculture, Africa has a clear opportunity to refresh its approach to the sector and become an emerging force. Big shifts are already happening in food production, land and water use, and the integration of agri-tech and product tracing. If African firms take an early lead during this transition, they will be well placed to compete globally by building enduring assets and commercial advantages beyond primary production. The financing of new investments in agriculture has always…

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CBN Saves Nigeria From Food Crisis Through Maize Importation- Said Poultry Farmers

 “The shortfall must be filled from somewhere, which is why we poultry farmers support the idea of short-term importation so that we can block the demand gap.

The recent importation of 262,000 metric tonnes of maize has saved Nigeria from a food crisis, poultry farmers said. The poultry industry, which reportedly lost about N1.5 trillion to the Coronavirus pandemic, said the Central Bank of Nigeria (CBN) took the right step by granting import waivers to four companies. President of the Poultry Association of Nigeria (PAN), Mr. Ibrahim Ezekiel Mam said the import waiver was a follow up to President Muhammadu Buhari’s intervention when he granted the association 5,000 metric tons of maize from the country’s strategic grains…

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UN Warns Nigeria, Congo Others Of Famine Risk As Farmers May Meet Less Than 20% 2.5 Million Ton Targets

UN Warns Nigeria, Congo Others Of Famine Risk As Farmers May Meet Less Than 20% 2.5 Million Ton Targets

The United Nations Secretary-General Antonio Guterres has warned of a risk of famine and widespread food insecurity in Nigeria and three other African countries affected by conflict and the lives of millions of people are in danger. The other countries are Congo, Yemen, and South Sudan. Already about two million tons of rice has been washed away by floods, according to the Rice Farmers Association of Nigeria in Kebbi State. That is more than 25% of the previously projected national output of 8 million tons. In a note to Security…

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Sterling Bank Agriculture Summit Africa Holds 23rd-24th September, 2020

Sterling Bank to separate Non-Interest Banking arm, adopts holding structure

Sterling Bank Plc, Nigeria’s leading commercial bank, has announced that this year’s Agriculture Summit Africa (ASA) will hold from September 23rd to 24th, 2020, with the theme “Fast Forward Agriculture: Exploiting the Next Revolution.” The statement by the bank also announced the Mastercard Foundation, Africa Development Bank (AfDB), and IDH – the sustainable trade initiative as headline sponsors for the third edition of the Summit. Other partners confirmed to be supporting this year’s event include Flour Mills Nigeria PLC., NIRSAL, and Nourishing Africa.

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Mastercard Adds Hello Tractor, Nigerian Agri- Tech Firm To Accelerate Programme

                              Mastercard has announced the expansion of its Accelerate fintech portfolio, adding dynamic entrepreneurs to its award-winning startup engagement program Start Path and more technology partners to its Engage network, providing access to expert engineers and specialists that can help customers deploy new services quickly and efficiently.

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CBN Ban The Importation Of Maize/Corn Into Nigeria

godwin emefiele

The Central Bank of Nigeria (CBN) today announced the ban on the processing of form M for the Importation of Maize (Corn). The ban was contained in a CBN circular addressed to all authorized dealers in the foreign exchange market and the general public. The circular was signed by CBN’s Trade and Exchange Department Director, Dr. S.O. Nnaji. The circular reads: As part of efforts by the Central Bank of Nigeria to increase local production, stimulate a rapid economic recovery, safeguard rural livelihoods and increase jobs, which were lost as a result of…

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Making Buhari’s 77,400 farmers project work – Vanguard

Why Buhari Approves New Salary Structure For Teachers

President Muhammadu Buhari appears deadly serious about his intention to stop the allocation of precious foreign exchange to food importation by promoting local production. But there are contradictions that must be sorted out. Buhari’s newest initiative which could help stave off the hunger crisis as a result of the coronavirus pandemic (which necessitated massive lockdowns) and the crash in the price of crude oil is the resuscitation of the National Agricultural Land Development Authority, NALDA. The authority was created by the former military president, General Ibrahim Babangida in 1992, had…

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Lassa fever: Lagos Begins Mass Deratisation Of Public Places

The Lagos State Government says it would on March 13, 2020, begin an eight-week massive deratization and fumigation of no fewer than 27 model colleges with hostel facilities, abattoirs and slaughterhouses, agricultural produce markets as well as regular markets in the State. The State Commissioner for Agriculture, Prince Gbolahan Lawal, disclosed this on Wednesday day in Lagos. Lawal noted that the deratization and fumigation exercise is aimed at preventing the outbreak and spread of the Lassa Fever in Lagos State. He listed the Model Colleges to be deratized to include…

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CBN Plans Single-Digit Loans For Rice Farmers

The Central Bank of Nigeria (CBN) said it would offer single-digit loans to rice farmers in the Niger Delta area and provide index insurance for participating farmers. This was contained in a statement signed by the Head, Press and Public Relations at the Ministry of Niger Delta Affairs, Patricia Deworitshe. It was issued after a second collaborative meeting between the Minister of Niger Delta Affairs, Godswil Akpabio, and representatives of the CBN in Abuja. The meeting focused on how to develop the Niger Delta area, using farming as a tool…

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