KENYA – Kenya has registered a 23% increase in sugar imports in the first four months of the year, standing at 184,677 tonnes compared to 150,302 tonnes recorded in the same period last year despite a 13% increase in local production. According to the Sugar Directorate, the improved local production is
Agribusiness
Egypt’s olive sales to Brazil up 210%
São Paulo – Although Brazil eased down on olive imports year-to-date through April, sales from Egypt went up. As per information compile by the Arab Brazilian Chamber of Commerce based on Brazilian Ministry of Economy numbers, olive oil sales from Egypt to Brazil amounted to USD 6.7 million, up 210% year-over-year. Brazilian
COVID-19 Update: Food price in Kenya still on the high despite improved supply
KENYA – As the world grapples with the COVID-19 pandemic and its devastating impact on people’s health and livelihoods, Kenya has registered a decline in Food inflation by a percentage point in May than the previous month due to favourable weather which reduced the cost of some food items. However, supply
Zambian seed producer Zamseed clinches US$5m investment from SilverStreet Capital
ZAMBIA – Zambia’s first seed company, Zamseed has secured K91 million (US$5m) investment from UK based investment advisor managing African agricultural funds, SilverStreet capital to expand its operation and ensure continuity of business. According to Zamseed managing director, William Rutherford-Smith, the financing will be used to revamp the company’s processing plant
Safeguarding food security in sub-saharan Africa
Sub-Saharan Africa is on the front lines of climate change with extreme weather wreaking havoc on infrastructure and agricultural production. COVID-19 introduces yet another level of risk to the food chain. In this podcast, IMF economists Pritha Mitra and Seung Mo Choi say the increase in frequency and intensity of
Nigeria, Others Urged to Retool Budgets, Enhance Agric Production
African countries need to urgently expand food reserves, keep food supply flowing and boost their agriculture budgets to avert a possible hunger pandemic, partly caused by the COVID-19 pandemic, delegates at a two-day webinar hosted by the African Development Institute (ADI) have advised. They noted that Africa must now, more
Nigeria: Produce More, Nigeria Has No Money to Import Food, Buhari Urges Farmers
President Muhammadu Buhari has advised Nigerian farmers to increase their food production as Nigeria has ‘no money’ for food importation. Even before the coronavirus pandemic, Nigeria has restricted food importation as the country strived to produce a lot of the food it consumes. The country also shut its borders with







