Agriculture

Adesina says AfDB secures $31bn at investment forum

Nnamdi Ukwatar, Correspondent President of the African Development Bank, AfDB, Group, Akinwumi Adesina has disclosed that the apex African bank has raised $31 billion in investment commitments for projects, during the Africa Investment Forum. Disclosing this at the end of a three-day said the latest figure brought the total investment for the year to about $64 billion, revealing that the bank secured another $32.8 billion at earlier meeting with investors in March this year. Adesina, who gave few details about the projects, noted that one focus would be agricultural processing zones. Some projects announced earlier in the year were from ...

Read More »

UN says flooding in West, Central Africa displaces 3.4m people

The United Nation’s Refugee Agency has said that destruction from flooding has displaced more than 3.4 million people in West and Central Africa. It also noted that, Nigeria’s worst floods in a decade have killed hundreds, displaced 1.3 million residents and affected over 2.8 million people in the West African nation of 218 million. Survivors had to scurry for higher ground as water submerged farmland and infrastructure. Many have been living in camps for the internally-displaced that were set up in part to help people fleeing simmering violence in the region, among other troubles. “The climate crisis is happening, destroying ...

Read More »

Basket ‘leaks’ in food basket state, as flood wash away crops, homes in Benue

By Sylva Emeka-Okereke, JP, Publisher Sad, regrets and anguish, the people of Makurdi in Benue, the food basket state have it in common, as they gathered around Wuruku rice mill to discuss their misfortune, after a flood ravaged and displaced millers from the market as well as farmland. Benue state has been witnessing devastating flooding with more than 100,000 hectares, about 247,100 acres of farmland affected by the natural disaster. It started majorly last week, as many people were left thinking that the flood may cause more disaster, hence many families were displaced. Benue is not the only state affected ...

Read More »

Enabling growth in Africa’s agricultural economy

An Insight Agriculture has a vital role to play in Africa, as enabling sustainable growth on the continent will require addressing the issue of food security. Because agriculture still remains a predominantly labour-intensive industry in many African countries, it can also provide much-needed employment opportunities for young people. Absa Group, one of Africa’s largest diversified financial services groups with a presence in 14 countries, is the largest agricultural funder in South Africa, and has been working hard to grow its lending book in other African markets. Roux Wildenboer, Sector Head: Agriculture at Absa Corporate and Investment Banking (CIB), says the ...

Read More »

9 habits to a longer, happier life

Want to live longer? Be an optimist, study has revealed. Some habits to give best chances at a longer, happier life. Regular screenings   Young people tend to have fewer chronic illnesses than older ones, but prevention is key, Wen has said. “If you screen positive for pre-diabetes, for example, there are steps that you can take to prevent progressing to diabetes.” Annual checkups also enable you and your doctor to get to know each other, she added. “The best time to see your physician is not when you already have symptoms and need help — it’s on a regular ...

Read More »

Ukraine moves to avert global food crisis, as first grain shipment arrives Turkey

First Shipment of Grains by Ukraine amid war with Russia It was a global celebration of sort, as Ukrainian authorities have welcomed the arrival in Turkey of its first grain shipment to leave the Black Sea port of Odesa, since Russia began its invasion early this year. “The first cargo ship, RAZONI with corn arrived in Istanbul. Our allies are helping us to fight Russian aggression, and Ukraine is helping the world to prevent hunger crisis,” Ukrainian Minister of Infrastructure Oleksandr Kubrakov stated on his Twitter handle. Ukrainian President, Volodymyr Zelensky said this shipment must be the first of its ...

Read More »

Ukraine resumes grains exports to avert food crisis

Sylva Emeka-Okereke with agency reports Ukraine yesterday pressed hard; to restart grain exports from its black seaports under a deal, aimed at easing global food shortages, but warned deliveries would suffer, if a Russian missile strike on Odesa. Ukraine and Russia over the weekend, signed a deal to end the blockage of millions of tons of grain exports from Ukraine’s black seaports. UN Secretary General, Antonio Guterres has called the agreement, which will be implemented in the next few weeks as “a beacon of hope”. Ukraine is one of the world’s largest exporters of wheat, corn, and sunflower oils exporters, ...

Read More »

AfDB approves $134m loan to boost food production in Nigeria

Adewunmi, AfDB boss By Sylva-Emeka-Okereke, JP, Publisher  In order to boost local production of food in the country, the Board of Directors of the African Development Bank Group has approved a $134 million loan for the National Agriculture Growth Scheme, an agro pocket programme in Nigeria, to scale-up food production and boost livelihood resilience. The programme is expected to fast-track the implementation of key policy and institutional reforms while boosting private sector participation in agriculture. This, according to the bank would increase cereals and oil grains production by 7 million tonnes to 35 million tones. It will also increase average ...

Read More »

Agric-investments: ActionAid tasks National, State Assemblies on prompt budget release

By Sylva Emeka-Okereke, JP, Publisher ActionAid, a global movement for human rights and eradication of poverty has urged the National and State Assemblies to shore-up investments in agriculture by ensuring prompt release of annual budgetary allocations.   In a communiqué issued at a one-day Post National Dialogue and Dissemination on Nigeria’s performance at the 3rd Biennial Review Exercise on the Implementation of the Comprehensive Africa Agriculture Development Programme CAADP, held in Abuja, both the state  and non-state actors agreed that timely release of budgets would  go a long way in reducing hunger as well as eradicating poverty while achieving the ...

Read More »

FMARD, ActionAid, Non-state actors rally AU to end hunger by 2025

    Investing in agriculture to end hunger by 2025 By Sylvester Emeka-Okereke As the African Union, AU, gears-up to end hunger by the year 2025 through massive investments in agriculture, state as well as non-state actors have rallied supports for the continent to achieve the desired food security in the next three years. Already, the Federal Ministry of Agriculture and Rural Development, FMARD; the ActionAid Nigeria, a non-profit making international organization and other major stakeholders in agriculture chain, have kicked-started the national dialogue on the 3rd Biennial Review Report, aimed at disseminating necessary information on Comprehensive Africa Agriculture Development ...

Read More »