Microsoft, IFC partners to promote food sector, agriculture in Africa
Mike Ochonma
November 19, 2022
BY MIKE OCHONMA International Finance Corporation (IFC) and Microsoft are partnering to support digital transformation in Africa’s agriculture sector. A suite of digital agriculture solutions addresses capacity constraints and inefficiencies in the supply chain of African agribusinesses. The partnership makes digital tools and training resources more accessible to small-scale farmers and agriculture-linked small […]
NSPRI pushes technology adoption to tackle post-harvest losses in agriculture
Onome AmugeNovember 25, 2020
By Onome Amuge The Nigerian Stored Produce Research Institute (NSPRI) has enjoined farmers and stakeholders in the agriculture sector to facilitate the adoption of technology towards curtailing post-harvest loss affecting the agricultural sector. Patricia Pessu, the institute’s executive director, made the call during the Nigeria Post-harvest and Agroprocessing Summit (NIPHAS), a virtual webinar hosted […]
African youth agripreneurs compete for $120,000 in AfDB programme
Onome AmugeOctober 26, 2020
Onome Amuge The African Youth Agripreneurs Forum (AYAF), one of the continent’s most exciting platforms for African youths in the agriculture start-up sector is set to organise its AgriPitch competition where selected African youth agripreneurs will present their agribusiness startup plans and compete for a share of $120,000 in funding seed prices. The competition, which […]
Embracing technology, empowering smallholder farmers will change reality of agribusiness in Nigeria -NYFN Coordinator
Onome AmugeOctober 20, 2020
Onome Amuge An agripreneur and experienced farmer, PROMISE AMAHAH is the founder/nation- al coordinator of the Nigerian Young Farmers Network (NYFN), a youth-oriented agricultural empowerment organisation. In an interview with Business A.M’s Onome Amuge, the young agricultural expert discusses the challenges facing the agriculture sector, how Nigerian youths can be empowered towards restructuring the agriculture […]
Lessons for crowdfunding platforms in Nigeria’s emerging agro-financing landscape
Aderemi OjekunleOctober 13, 2020
Agriculture in today’s world has transformed beyond the traditional production of food for human consumption and animal feeds into a global financial stronghold and economic reserve. Understandably, to harness the challenges of sustaining a growing world economy and overcome the problems of food production, climate volatility, modernised policies and urbanisation trends, the agriculture sector has […]
Buhari directs trade minister to set up agro-allied industry in 36 states
Businessam StaffJanuary 24, 2020
President Muhammadu Buhari has directed the ministry of industry, trade and investment to establish agro-allied industry in each state of the federation. Mariam Katagum, the minister of state for industry, trade and investment, confirmed the development during a meeting with a delegation from the Amana Farmers and Grains Suppliers Association of Nigeria. The association was […]
Rice millers in Ebonyi get processing mill plants to ramp up production output
Kenneth AforJanuary 15, 2020
By Kenneth Afor Rice millers in Ebonyi state, the sixth largest producer of paddy in the country, recently received new rice processing mill plant from the International Fund for Agricultural Development (IFAD) under the organization’s value chain development programme (VCDP), to ramp up the state’s milling capacity of about 2 million metric tonnes annual processing […]
693 agric projects aided with loans of N101bn by NIRSAL
Businessam StaffNovember 13, 2019
Since its incorporation in 2013 by the Central Bank of Nigeria, a total of N101bn has been facilitated by the Nigerian Incentive-Based Risk Sharing System for agricultural lending from deposit money banks for the agricultural sector. Aliyu Abdulhameed, the managing director, NIRSAL, gave this figure on Tuesday in Abuja while presenting a paper at the […]
Malaysian govt. to revive the country’s 3.5MT of bauxite ore mining industry
Kenneth AforNovember 5, 2019
By Kenneth Afor After four years of inactive mining activity of bauxite ore in Malaysia, the government has announced that it will start issuing mining license to prospective miners in the country to ramp up the 3.5 million metric tonnes per annum of bauxite ore lying low in the country’s mining industry. Xavier Jayakumar, the […]
CBN to recover N36bn loans from North-East farmers
Businessam StaffNovember 4, 2019
The Central Bank of Nigeria has inaugurated a committee in all local governments in the North-East to recover N36bn loans advanced to farmers. The loan facility advanced to the farmers through the North-East Commodity Association is part of the Anchor Borrowers Programme of the Federal Government. Inaugurating the committee for Borno State and its 27 […]