Agriculture: Latest News
Makula Dunbar, 4:28 pm
There’s plenty of work in resources-rich Angola and Mozambique but non-domestic lawyers and investors find it hard to get a piece of the action. As two of the world’s fastest growing economies and driven by a wealth of natural resources, both Angola and Mozambique are booming, but not everyone is invited to the party. In a bid to protect the local players, foreign investors and lawyers face restrictions.
Dana Sanchez, 1:35 pm
Ugandan Agriculture Minister Tress Bucyanayandi said he has no problem with China growing food in Africa to tackle its own increasing food deficit. A recent study by Standard Chartered predicted that China will have to import 100 million tons of food a year within 20 to 30 years to avoid shortages.
Ann Brown, 7:00 pm
The business community is saying Nigeria is moving too slow on agriculture reform. The country is reforming its farming sector to bolster production and draw investment but companies say more needs to be done to tackle entrenched corruption, poor infrastructure and rogue government agencies, reports Business Day Live. For the first time Nigeria’s annual economic summit […]
Dana Sanchez, 11:14 am
The rebasing could boost Nigeria’s economy from $250 billion to around $350 billion. That brings it closer to South Africa’s current $385 billion economy. With a growth rate of more than 6 percent a year compared with 3 percent in South Africa, Nigeria may eventually overtake its rival to take top spot as Africa’s largest economy
Makula Dunbar, 2:54 pm
The Angolan Foreign minister, Georges Rebelo Chikoti, said Tuesday in Lisbon he wishes for Angolan investments in Portugal, alike the Portuguese investors do in the country, adding this is a due opportunity for businesspeople to find a place on each others side.
Jeffrey Cavanaugh, 10:41 am AFKI Original
Across the continent they are disappearing. Masukus and baobabs. jackalberry, marula, and Natal mahogany – tall trees that for centuries spread their limbs and provided shelter, fuel, and food for man and beast. Now, however, Africa’s forests are coming under increasing pressure as population growth and globalization increase the rate at with which the lumberjacks’ […]
Makula Dunbar, 9:07 am
Farmers in 20 African countries will soon benefit from an agricultural initiative that will double their incomes and increase yields of four crops including corn, cassava, wheat and rice by 20 percent.
Makula Dunbar, 6:04 pm
According to How We Made it in Africa, multinational companies including French retailer Carrefour and Singapore-based agribusiness Olam, have stepped into Gabon’s business arena. Now the country, through special incentives, is encouraging more investors to set up shop, create jobs and help stimulate the economy.
Ann Brown, 7:00 pm
Is agriculture and not oil the key for Nigeria’s long-term stability? One scholar in the U.S. thinks so. “Agriculture is one of the most significant opportunities in Nigeria today as the government looks to reverse current situation of high importation and low yield to encourage more efficient domestic agricultural output,” announced Prof. Alphonso Ogbuehi, a […]
Makula Dunbar, 4:20 pm
The government today signed a memorandum of understanding with the Prime minister of the Kingdom of Thailand, Yingluck Shinawatra, to supply agricultural products and commodities for five years.
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