Market News
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Nigeria: Banking Sector Plans Fresh N300 Billion Agriculture Financing for 2016
Posted on :Tuesday , 15th December 2015
A new window of opportunities may have been opened up in the nation's agriculture sector, with a pledge of N300 billion fresh financing of the economic segment and its value chains in 2016 by the Bankers' Committee.
Besides, the earlier plans by the Central Bank of Nigeria (CBN) to create about one million jobs through small businesses' development and support by le. . .
Malawi Cotton Farmers to Smile All the Way to the Bank
Posted on :Monday , 14th December 2015
Cotton farmers in Malawi are all smiles following the raise in cotton prices by over 90 per cent for those on contract farming with Cotton Ginners Africa Limited.
The company's general manager Spencer Dzimbiri told a news conference in Blantyre that the cotton firm will splash out K1.3 billion in loans for farm input for over 100000 cotton farmers.. . .Tanzania\'s Sardines Attract Markets in Developed World
Posted on :Friday , 11th December 2015
Dar es Salaam — Dried sardines, known in Kiswahili as dagaa from Tanzania's fresh water bodies, have begun penetrating the Australian and Canadian markets to boost fish exports in the country.
Tanzania's exports of fish and fish products rose by 49.4 per cent in 2014 to reach $195 million from $130.6 million, according to the Bank of Tanzania (BoT) figures.Meru County to Start Processing Fish
Posted on :Friday , 11th December 2015
Kanyakine Fish Factory constructed at a cost of Sh60 million is set to start processing fish from farms in Meru County.
The plant is capable of handing 15 tonnes of fish weekly once it is operationalised.Speaking to the Nation, Meru county director of Fisheries Patrick Mbaabu said the fish factory will be run by a private firm or grou. . .Uganda: Regional Tea Sales Grow By 6.4 Per Cent
Posted on :Friday , 11th December 2015
Kampala — Despite experiencing a prolonged dry spell early in the year, East Africa registered a 6.4 per cent increase in tea sales at the Mombasa auction.
The latest auction report released on December 1 shows the region exported 8.9 million kilogrammes, up from 8.3 million sold around the same time last year.Kenya recorded mos. . .Please Select an Option
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