Agri-tech

 Senior steel industry executives on Wednesday urged the European Commission to strengthen measures to protect against a surge in imports triggered by U.S. tariffs, saying the future of the European industry was under threat, particularly in Britain. Chief executives, including from Outokumpu, Salzgitter, and a division chief at ArcelorMittal said the EU safeguard measures have […]

Nasarawa, Edo and Ogun states received the highest amount of loans for agriculture among the 36 states in the country and the Federal Capital Territory under the Agricultural Credit Guarantee Scheme of the Federal Government. Latest figures from the Central Bank of Nigeria also showed that the three states made the highest amount of loan […]

U.S. Agriculture Secretary Sonny Perdue acknowledged that American farmers are “casualties” of President Donald Trump’s trade war with China, according to an interview broadcast on Tuesday. Perdue told CNN he did not expect a trade deal to be reached when Trump meets with Chinese President Xi Jinping this month at the G20 summit in Japan […]

Returns on investing in commodities will be boosted as central banks ease monetary policy and governments take steps to offset the impact of global trade disputes, Goldman Sachs said. The investment bank said it was forecasting three-month total commodity index returns of 10% for the S&P Goldman Sachs Index and 9% returns on a 12-month […]

The Cocoa Farmers Association of Nigeria has called on the federal and state governments in the country to make rural roads in cocoa-producing states in the country motorable, to ease transportation of the produce to the market. The group lamented that the poor and inaccessible road networks was one of the major challenges the farmers […]

The German Government with support from the Bill and Mellinda Gates Foundation has provided €2 million for the implementation of the second phase of the Competitive African Rice Initiative (CARI) in the country. The Programme Director of CARI, Jean-Bernard Lalannehe, disclosed this to newsmen, in Abuja on Wednesday. Lalannehe said the second phase of the […]

Despite being the number one producer of beans in the world, Nigeria spends N16bn annually to import the produce from neighbouring countries, the Federal Government has said. Speaking at a training for journalists organised by the Open Forum for Agricultural Biotechnology in Africa in Abuja on Thursday, Bitrus Bako, permanent secretary in the Ministry of Science […]

Governor Yahaya Bello’s agricultural drive is getting international support as Kogi, Lagos, Kano, Cross River, Kaduna and Enugu states are to benefit from the $200 million appeals project of the World Bank agro intervention. The intervention is part of measure which is aimed at enhancing agro-processing, productivity and livelihood. The project is in line with […]

A Vietnamese conglomerate is entering the cashew market with possible deals in West Africa for more than a 10th of global output, a bold start to take on the $7 billion industry’s dominant buyers such as Olam International Ltd. In a fractured sector with dozens of producers, the purchase of such a large amount of […]