A wide range of products are exported from African economies The African continent is endowed with plenty of natural resources that help boost the economic growth of member states. The natural resources in Africa range all the way from gold and diamonds to agricultural products
The Ministry of Industry, Trade and Investment, says Nigeria has signed a Memorandum of Understanding (MoU) with a Chinese firm, the first-ever cotton value chain industry, worth two billion US dollars. The Minister of Industry, Trade and Investment, Mr Okechukwu Enelamah, who made this disclosure
NIGERIA’s hope of exceeding earnings of $402 million from cashew exports this year is being threatened, National President, Federation of Agricultural Commodity Association of Nigeria, Dr Victor Iyama, has said. Iyama said this was due to the plummeting of international prices and reduced demand for
Nigeria loses $8.9 billion annually to agricultural post-harvest losses as a result of poor and unsecured haulage system. The Managing Director, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Aliyu Abdulhameed made this known yesterday in Abuja, when he hosted private and public sector
821 million people now hungry and over 150 million children stunted, putting hunger eradication goal at risk The number of hungry people in the world is growing – reaching one in every nine people – while limited progress is being made in addressing the multiple
On September 7, The International Institute of Tropical Agriculture (IITA), based in Ibadan, Nigeria, became the first institution to receive the distinguished Africa Food Prize at the 2018 African Green Revolution Forum (AGRF) held in Kigali, Rwanda. The independent Africa Food Prize Committee, chaired by
“Cocoa yields are declining across Ghana, the world’s second-biggest producer after neighboring Ivory Coast, where about 800,000 family farmers supply cocoa beans to chocolate companies such as Hershey’s and Nestle, according to the government”. NYAME NNAE, Ghana (Thomson Reuters Foundation) – Since Emmanuel Agyekum took
In the world today, the number of hungry people has increased from 777 million in 2015 to 815 million people in 2016. In the case of Africa, climate change will add an additional 38 million people that are hungry by 2050, according to the International
Coffee Coffee is one of the most prominent soft commodities. There are two main types of coffee crop which are traded and consumed, Arabica and Robusta. The market for Arabica is the larger of these two species. Coffee is almost exclusively used for human consumption.
Addressing a standing room only crowd of global agriculture experts at the FAO headquarters in Rome, 2017 World Food Prize Laureate and President of the African Development Bank, Akinwumi Adesina, says the answer is a resounding yes! He believes Africa does not need aid but