Market News
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Nigeria: State Assembly Approves N1 Billion Loan for Commercial Farming
Posted on :Saturday , 19th March 2016
The Kano State House of Assembly has approved a request by the state governor, Abdullahi Ganduje, to obtain N1billion loan from the Central Bank of Nigeria to boost commercial farming in the state.
During the house emergency plenary on Thursday, the speaker, Kabiru Rurum, presented a letter signed by Mr. Ganduje seeking the house's approval.. . .World Bank, Sierra Leone Sign US$40 Million Agreement for Project Linking Farmers to Agribusiness
Posted on :Friday , 18th March 2016
Freetown — The Government of Sierra Leone and the World Bank today signed a US$40 million credit agreement to support smallholder commercialization and agribusiness development in Sierra Leone.
The project is co-financed by the UK's Department for International Development (DFID) with an additional US$15 million making the total project funding of US$55 millio. . .Rwanda to Decentralize National Grain Strategic Reserve
Posted on :Thursday , 10th March 2016
The Ministry of Agriculture has embarked on a move to decentralise the national grain strategic reserve down to the sector level.
The move is expected to enhance food security readiness in case of famine.Emmanuel Kayiranga, the chairperson of post-harvest handling and storage taskforce at the ministry, said the initiative will not onl. . .Significant scope for Africa's agriculture to benefit from India's experience
Posted on :Saturday , 5th March 2016
India Inc. has said that with Africa's farm sector projected to grow to $1 trillion by 2030, there is significant scope for the continent's agriculture to benefit from India's experience.
In a forward to a global accounting firm PricewaterhouseCoopers (PwC) report on agricultural partnership between India and the 54-nation continent, the secretary general of the Fed. . .Sugar Production set to Increase in Tanzania
Posted on :Friday , 4th March 2016
Moshi — The Tanganyika Planting Company (TPC) plans to expand its sugar production factory from 95,000 tonnes per season at present to 110,000 tonnes in the near future.
TPC Director of Corporate Services, Mr Jaffari Ally, said here that the firm is set to spend more than 11bn/- on investment in machinery and expansion of farms. Mr Jaffari was briefing the Kil. . .Please Select an Option
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