Cashew industry drives NTEs growth to US$2.8bn

The Non-Traditional Exports (NTEs) of the economy have seen a 10 percent growth in 2018 – the highest in recent years and largely driven by the cashew industry’s performance, the Ghana Export Promotion Authority report has shown. The 2018 Non-Traditional Export statistics report indicates that more than US$2.8billion was realised last year, with the cashewContinue reading “Cashew industry drives NTEs growth to US$2.8bn”

OCP Group signs MoU with African Union to develop agriculture in Africa

The African Union Commission, together with the African Union’s Development Agency, AUDA-NEPAD, and OCP Group, have committed to supporting the development of the African agricultural sector through the signature of a comprehensive Memorandum of Understanding (MoU). The MoU was signed by HE Josefa Leonel Correia Sacko, African Union Commissioner for Rural Economy and Agriculture, OCPContinue reading “OCP Group signs MoU with African Union to develop agriculture in Africa”

Agriculture Fast Track (AFT) Fund

Date of agreement: The Agriculture Fast Track Fund was approved by the AfDB Board of Directors on May 8, 2013 and launched on May 9, 2013. The Multi-Donor Trust Fund will be effective in July 2013 (est.). Current volume of the fund: US $23 million Financial contributors: USA and Sweden   Background and Objectives The AgricultureContinue reading “Agriculture Fast Track (AFT) Fund”

AGRICULTURE: INNOVATION RUSH AIMS TO HELP FARMERS, RICH AND POOR, BEAT CLIMATE CHANGE

In decades to come, African farmers may pool their money to buy small robot vehicles to weed their fields or drones that can hover to squirt a few drops of pesticide only where needed. Researchers also are trying to train crops like maize and wheat to produce their own nitrogen fertiliser from the air –Continue reading “AGRICULTURE: INNOVATION RUSH AIMS TO HELP FARMERS, RICH AND POOR, BEAT CLIMATE CHANGE”

Sterling seeks to unlock $1tn African agribusiness economy

Samuel Awoyinfa The Sterling Bank will in the first week of September bring together in a summit in Abuja policy makers, development agencies, international financial institutions, and value chain players in agriculture on the continent. The international summit with the theme, ‘Agriculture – Your piece of the trillion-dollar economy’ according to the organisers, seeks theContinue reading “Sterling seeks to unlock $1tn African agribusiness economy”

Support African women working in agriculture

EMPOWERMENT As South Africa commemorates Women’s Month, the country will reflect on the progress made in achieving gender equality and main-streaming the gender agenda across all areas, including agriculture. Agriculture sustains 70% of Africa’s livelihoods, while playing an integral role as an engine of economic growth and poverty reduction. African women, on average, make upContinue reading “Support African women working in agriculture”