Category Archives: Agribusiness

Agric commodity market: Maltaise oranges from Tunisia see 20% increase in volumes this year

This year, the first truck of Maltaise oranges from Tunisia arrived at Rungis on January 12th. Mourad Ben Salem, manager of Med’Essor, has been importing this juicing orange to Paris for 15 years. He has been selling it under the brand Med’Essor since 2007. “The variety is becoming more and more established on the market over the years. There is

Read more

Brazil: Government greenlights the import of Spanish blueberries

Freshuelva is happy about the positive response of the Government of Brazil to the blueberry management systems proposed through the Spanish Government by the blueberry sector of the province of Huelva. It means that the fruit’s marketing in the South American country has been greenlighted, thus opening an important market for which Freshuelva has been preparing for years. Last November,

Read more

Dutch cooperative, Kompany, has first conventional lit-cultivation cucumbers available again

Last year, the Dutch cooperative, Kompany, had own-grown cucumbers available year-round for the first time. That was thanks to one of its growers using LED lightning. “That went well for both the client and grower. We aim to expand this further this year,” says a Kompany representative. Read also Acute poverty affects Ghana’s Savanna Region: How oilseeds could help boost

Read more

A Common Roadmap to Spread the Benefits of West Africa’s Blue Treasure

Fish is key to Ghanaians’ diets, as it provides 50 percent of the average per capita intake of animal proteins. Every Ghanaian eats an average of 25 kilos of fish per year, five kilos over the world’s average. However, the enormous potential of West Africa’s ‘blue treasure’ – its fisheries and aquaculture resources – for the country’s welfare and economic

Read more

Ghana’s Industrialisation to benefit from Tema LNG Terminal

Sub-Saharan Africa’s first liquefied natural gas (LNG) import terminal at Tema can turn Ghana into a petroleum hub, Tema LNG managing director Edmund Agyeman-Duah tells The Africa Report. The project, built at a cost of $350m, can be a “driver of growth” for Ghana and the region, says Agyeman-Duah. It will provide year-round guaranteed supply and promote investment in industries

Read more

Trade Report: Nigeria’s decade-long woeful wheat production; 98% is imported

Nigeria’s wheat production has been so dismal that for a decade the country only managed to produce just about two per cent of all the wheat it consumed. Nigeria’s trade report shows wheat was the country’s second most imported item in the second and third quarters of 2020. Data from the United States Department of Agriculture shows that between 2010

Read more

GIRSAL guarantees GH¢66 million of credit to agribusinesses.

The Ghana Incentive-Based Risk-Sharing System for Agricultural Lending (GIRSAL) has issued guarantee cover for loans of about GH¢66 million given by financial institutions to agribusinesses. This was made known by Ken Ofori -Atta, the President’s nominee for Minister of Finance, in a speech read on his behalf by the former Minister of Planning, Prof. George Gyan-Baffour, at the 72nd Annual

Read more

Over-reliance on Foreign Direct Investment undermines AfCFTA’s rules of origin – Trade Expert

While Africa embarks on a journey to bring prosperity to its citizens and make the continent economically strong through the African Continental Free Trade Area (AfCFTA) agreement, one major challenge that may derail this goal and work to the advantage of foreigners is non-enforcement for rules of origin, as it will create unfair competition for member-states, international trade law consultant

Read more

The Great Green Wall and the African Development Bank’s TAAT: Two bold initiatives planting Africa’s seeds of change

Just five years ago, Sudan’s farmers harvested a mere 472,000 tons of wheat from about a quarter-million hectares of land. Today, the Sahel country is on the cusp of becoming a regional breadbasket. One of the reasons for Sudan’s agricultural turnaround is the Technologies for African Agricultural Transformation (TAAT) program, which is funded by the African Development Bank. Within the

Read more

Commodity market: Ghana Commodity Exchange considers trading cocoa

As part of the medium-term plan for the trade of commodities in Ghana, the Ghana Commodity Exchange (GCX) is considering listing on its trading floor the light cocoa bean, which is mostly consumed by domestic processors. Currently, the exchange does not trade cash crop contracts but plans to introduce a number of them in the coming years. “In the medium-term

Read more

Ghana Standards Authority maintains fees to bring relief for importers and traders

The Ghana Standards Authority (GSA) has agreed to maintain its old fees for the registration of importers. This agreement was reached after a consensus-building meeting jointly organised by the National Standards Body and the Ghana Shippers’ Authority on Thursday, January 14, 2012, for industry players such as importers and exporters, traders and other members of the business community. The meeting

Read more

Gov’t of Ghana to meet fruit, vegetable exporters over threats of Brexit

Government is preparing to meet fruit and vegetable exporters who may be negatively impacted as the United Kingdom (UK) prepares to implement the provisions of its exit from the European Union (Brexit). Some banana exporters have told the B&FT the UK is likely to increase its import duty for fruit and vegetable exporters by as much as £95 per tonne.

Read more

Agricultural commodity market: Overview global avocado market

The price for avocados on the global market has been rising in recent weeks due to a smaller supply and a shortage of large sizes. At the moment, Mexico and Chile dominate the market, but their volumes are declining. In Europe, there is also an on-going switch to the productions from Israel, Spain and other countries around the Mediterranean, where

Read more

Moldovan traders expect to increase apple exports to Russia starting from second half of January

CEOs of several horticultural enterprises claim that at the beginning of January, they received offers from their Russian buyers (suppliers of supermarket chains) to start sorting and packing Gala and Granny Smith apples. In the middle of this month, they should be able to export them to Russia. So far, we are not talking about orders of batches with specific

Read more

Ban on pomegranate imports lifted in Kurdistan Region

The Ministry of Agriculture and Water Resources of the Kurdistan Region has announced that it would again allow the import of pomegranates. The ministry had announced in mid-July 2020 that it would prevent the import of seven agricultural crops, including pomegranates. The others were figs, apples, watermelons, potatoes, cucumbers, and honey. The decision was made by Minister Begard Talabani, directing

Read more

Government must pursue policies to improve business environment – AGI

The Greater Accra Regional Chairman of the Association of Ghana Industries (AGI), Tsonam Cleanse Akpeloo, has asked the government to pursue policies that would improve the business environment, reduce the cost of capital and financing, and remove regulatory bottlenecks for growth. “We expect that Government will continue to bail out troubled businesses and provide stimulus packages to support efforts by

Read more

Agricultural commodity market: Overview global mandarin market

The demand for oranges rose sharply this year due to the coronavirus. One would expect that mandarins would also benefit from this higher demand, but that wasn’t the case. In fact, in some countries, such as the US and South Africa, mandarins were somewhat overshadowed by the success of oranges. Still, the demand for mandarins remains stable. Especially in the

Read more

A tour of an apiary [bee farm] in the Kwahu Afram Plains in Ghana

Bees for development Ghana, charity organisation in Ghana, is turning honey hunters who used to porch in the Digya National Park. The activities of these people affected the park negatively hence something needed to be done. Bees for development Ghana came in and trained these people on sustainable beekeeping and they are currently keeping bees. Read also Promoting Sustainable Beekeeping

Read more

AfCFTA to bring trade, socio-economic advantages in Africa – Expert

The African Continental Free Trade Area (AfCFTA) Agreement will have great economic, trade as well as social advantages for Africa if the African continent advances in infrastructure connectivity, an Ethiopian scholar said on Thursday. The AfCFTA agreement, which is regarded as the world’s largest free trade zone by the number of countries covering over 1.2 billion people, started on January

Read more
« Older Entries