Agriculture: Latest News

  • 12 Reasons South Sudan’s Economy Has Not Recovered Post Civil War

    South Sudan's Economy By Keren Mikva, 1:07 pm

    In August 2015, South Sudan’s warring parties agreed to form a transitional government, ending the civil war that cost tens of thousands of lives and created 2 million refugees. Nearly 90 percent of South Sudan’s land is arable and cattle and sheep are plentiful, yet the country imports the vast majority of food and non-food items. Lack of economic diversity has made the declining oil revenue an even bigger problem.

  • Nigerian Tomato Emergency Forces Dangote Factory Shutdown, Spreads To Other African Countries

    Nigerian Tomato Emergency By Dana Sanchez, 6:00 pm

    A threat to the Nigerian tomato crop is affecting Africa’s richest man in a country trying desperately to diversify its economy and add value locally to products produced within its borders. The tomato-leaf miner has spread to at least 15 African countries. It has the potential to eliminate tomato from the agricultural cycle, a pest researcher said. “Until it hits, nobody’s ready and there’s total devastation. Eventually the farmer will find a way to deal with it but at a cost to the consumer’s health,” said the head of a U.K. pest control firm.

  • Made In Africa: Hello Tractor Seeks To Disrupt Agriculture In Nigeria

    hello tractor By Kevin Mwanza, 9:16 am

    Jehiel Oliver’s resume doesn’t scream agriculture or tractors. The masters in economics graduate from Cornell University, left a life as an investment banker in the US and come to Africa to set up an agriculture startup that uses text messages and mobile money to connect rural farmers to rentable low-cost tractors The startup, known as Hello Tractor, has already raised $3 million in seed funding from USAID and other sources.

  • Why Is Japan Investing In Zimbabwe And What Does N. Korea Have To Do With It?

    Japan investing in Zimbabwe By Staff, 4:21 pm

    Japan’s diplomatic overtures toward Zimbabwe occur at a time when North Korea’s longstanding African alliances are being challenged by South Korean President Park Geun-hye’s recent sub-Saharan African tour and offers of investment. The defection of Uganda from Pyongyang’s security umbrella after Park’s visit demonstrated to Japanese policymakers that sustained diplomatic outreach can convince even North Korea’s strongest allies to comply with international sanctions.

  • Africa Needs More Than $2.7 Trillion To Mitigate Climate Change

    By Staff, 2:36 am

    African countries need at least $2.7 trillion for mitigation measures and another $488 billion for adaptation to climatic change to be met in 2030, according to the estimates from Intended Nationally Determined Contributions (INDCs) for adaptation to climate change. Speaking during the Africa Carbon Forum in Kigali, yesterday, Yasser El-Gammal, the World Bank country manager, said the amount is based on countries that have already declared their INDCs, adding that there are few others yet to submit.

  • 8 Things You Should Know About African Blackwood, One Of The Most Expensive Woods And Disappearing

    African blackwood one of Most Expensive Woods african blackwood By Julia Austin, 9:11 am AFKI Original

    Coveted by makers of musical instruments and fine furniture, African blackwood can sell for $9,000 a log. Processed timber is $13,000 per cubic square meter. It’s a small tree, and low germination rate plus lack of planning for conservation mean it’s in danger of disappearing in its native habitat. The threat to its survival has driven up the price of the wood. You’ll pay $80 per board-foot for this wood, compared to $4 for birch.

  • 12 Things You Didn’t Know About the Economy of the Zambezi River

    By Keren Mikva, 4:50 pm

    It’s the fourth-longest river in Africa, and vital to the economies of countries it runs through. The fertile Zambezi river basin plays host to a vast variety of wildlife, including crocodiles, lions, and hundreds of bird species. While some species are protected, hunting safaris are common. But areas once considered protected are also being exploited for mining. Australian-owned company Zambezi Resources received a 25-year license to mine for copper in the Lower Zambezi National Park.

  • Seeking New Markets: Venture Capital Fund Leaving London, Moving To East Africa. Here’s Who’s Already There

    moving to East Africa By Dana Sanchez, 11:35 am

    London’s startup ecosystem is flooded with early stage funding for tech startups, so one of the city’s best-known venture capital funds is planning to move to a much less crowded neighborhood — East Africa. East Africa’s angel investment scene is rising, but slowly. Angel investing in Africa can make a big difference to economies there, said the founder of London VC fund Playfair Capital.

  • Here Is How African Markets Reacted To Brexit

    African Markets reacted to brexit By Kevin Mwanza, 5:04 am

    Results of a referendum in the United Kingdom on Thursday to leave the European Union shocked markets across the globe, with over $2 trillion wipe out in a single day. African economies were not spared the volatility that the Brexit vote caused on different asset classes. Currencies, stocks and bonds plunged across the continent after the UK’s vote to leave. Africa’s largest economies – that have been struggling with commodity prices rout – were the most affected

  • Opinion: African Heroes And The Superpowers Of Agriculture

    By Staff

    What Africa needs, each and every day, are heroes of a different sort – “action heroes” with ideas and vision, ready to respond to challenges that could determine the fate of a continent with a land mass larger than the United States, Western Europe, China and India combined. This is a lot of land, with a lot of potential. Africa’s challenges are well known: A devastating drought is destroying crops in Eastern and Southern Africa.

More Headlines