Mixed Trends in the Nigerian Commodities Market
The commodities market displayed a mix of trends and performances during the most recent trading week. The trajectory of maize
Read MoreBusiness news and information on agriculture, agricultural markets, agritech, agricultural development, Nigerian agriculture, agriculture in Nigeria, Food and nutrition, agricultural entrepreneurship and agro startups
The commodities market displayed a mix of trends and performances during the most recent trading week. The trajectory of maize
Read MoreGeneration Africa Awards US$116,000 to Winners in the 2023 GoGettaz Agripreneur Prize Competition hosted at Africa Food Systems Summit in
Read MoreThe Pitch AgriHack Results from the 2023 competition have been released, capping a motivational journey honoring Africa’s most promising agritech
Read MoreCommodities experienced varied results during the previous trading week. Maize prices fell 18.26%, while Paddy rice prices rose by 2.76%.
Read MoreAFEX, Nigeria’s premier commodities exchange, has signed a Memorandum of Understanding (MoU) with Ghana Commodities Exchange (GCX) to boost the
Read MoreSeveral key commodities showed significant fluctuations in performance over the most recent trading week. Maize dropped by 5.23%, while paddy
Read MoreAccording to the National Bureau of Statistics’ (NBS) Selected Food Price Watch for June 2023, food prices have risen considerably
Read MoreMost commodities saw price increases in the open market last week, with Paddy Rice leading the pack with an impressive
Read MoreAccording to Save the Children, armed groups in Nigeria have been attacking farmers nonstop, disrupting vital food supply and raising the possibility that the nation may experience a severe food crisis this year. Increased attacks on farmers are displacing people, disrupting markets, and causing people to lose their livelihoods in many sections of the nation. According to the Nigerian Security Tracker, between January and June 2023, armed groups killed more than 128 farmers in Nigeria and abducted 37 more. Only in Borno State in northern Nigeria did non-state armed groups kill 19 farmers in June. Bulama has been a farmer in northeast Nigeria for 35 years, so he is accustomed to instability, but this year has been particularly challenging. Most of the farmers Bulama has worked with have been abducted or killed by armed persons. The majority of the time, the ransom demanded by armed groups when they kidnap farmers who are also our friends and brothers is an amount that no villager can afford, according to Bulama. “They killed and took our farm’s produce, leaving us defenceless and unable to transport anything home. Most of us in this community suffer from hunger and starvation as a result of the rebels’ refusal to allow us access to the farmlands. Even when we risk our lives in our fields, they grab everything and allow us to starve Although farming puts his life at danger, Bulama explained that if he stops, his children will perish—a heartbreaking dilemma that is all too prevalent for farmers in the north. The persistent insecurity, protracted wars, and anticipated increases in food costs are mostly to blame for the UN’s January forecast that more than 25 million people in Nigeria could experience food insecurity this year, a 47% increase from the 17 million people who were already at risk of going hungry. Additionally, it is anticipated that in 2023, acute malnutrition will affect an estimated two million children under the age of five in the northeastern Nigerian states of Borno, Adamawa, and Yobe, with roughly 700,000 of those children on the verge of death. Extreme weather events, which are occurring more frequently and with more severity as a result of the climate catastrophe, are also expected to cause far more people to go hungry than was previously anticipated. Bulama continued, “The lack of rain this year has made the hunger problem my family is currently experiencing worse. All of the crops we still have are dried and dead. Because most farmers are cutting down their dried crops in order to plant new ones, it has forced us to start over from scratch. We are starving and have nowhere to go.
Read MoreBühler will provide the technology for this through its Grain Processing and Innovation Center (GPIC), which will open in Kano,
Read MoreCommodity prices showed varied returns in the most recent trading week. Maize climbed by 10.85%, Soybean decreased by 1.32%, and
Read MoreMost commodity price results during the most recent trading week were inconsistent wow. After falling last week, maize recovered and
Read MoreMost commodity prices rose year on year in the most recent trading week. Sorghum recovered from last week’s loss and
Read MoreThe performance of the majority of commodities on the Exchange was inconsistent. With a weekly rise of 1.07%, maize led
Read MoreLeading Nigerian company Olam Agri (https://www.OlamAgri.com/), which specializes in food, feed, and fiber, has received recognition for its significant sustainability
Read MoreIn the first quarter (Q1) of 2023, Nigeria’s agricultural sector experienced a negative growth rate of -0.9%, according to the
Read MoreAs the week drew to a close, commodities prices showed a bullish trend on the open market, rising an average
Read MoreGinger was the top gainer on the Exchange during the most recent trading week, increasing by 6.78% week over week.
Read MoreThe leading gainers on the Exchange were sorghum and maize, which saw w-o-w gains of 4.50% and 3.44%, respectively. Both
Read MoreThe open market price of soybeans has continued to fall for a second week in a row due to an
Read MoreAt least 52.39 percent of the loans issued under the Anchor Borrowers’ Programme (ABP) have been paid back, according to
Read MoreWith a weekly rise of 4.40% in Maize, it was the only stock to increase on the Exchange last week.
Read MoreAccording to the Food Price Watch of the National Bureau of Statistics (NBS) for February 2023, prices per kilogram (kg)
Read MoreA new study reveals that acute food insecurity in West and Central Africa is on track to reach a 10-year
Read MoreAre you prepared to flex your creative muscles and transform the food systems in Africa? If so, get ready to
Read MoreMarket activity is exhibiting signs of recovery due to an increase in cash availability, which is supported by rising supply
Read MoreThe Green Climate Fund, GFC, has made its single largest equity investment in Africa to date with its junior first-loss
Read MoreThe Syngenta Group has announced the launch of “Shoots by SyngentaTM,” a worldwide platform created to support innovation growth and
Read MoreMost commodities on the Exchange closed higher during the most recent trading week. Commodity prices increased by an average of
Read MoreThe Hadejia Jama’are Komadugu Yobe Basin-Trust Fund and the African Development Bank (www.AfDB.org) have agreed to a grant agreement worth
Read MoreOCP Africa Fertilizers Nigeria Limited received a $1.4 million (N574 million) co-investment grant from the West Africa Trade & Investment
Read MoreDue to ongoing cash constraints and election-related activity, the prices of the majority of grain commodities have fallen for six
Read MoreOn the Exchange and in the free market, the prices of the majority of goods decreased week over week. On
Read MoreOne of the biggest livestock markets in Africa is located in northeastern Nigeria. Being a source of livelihood for many
Read MoreThe Agrifood Systems Transformation Accelerator (ASTA), a global program created to assist Least Developed Countries in improving their agrifood systems
Read MoreElections and the cash crunch are still slowing down market activity. The open market saw a fall in all grains
Read MoreLeading agricultural technology startup ThriveAgric just won the biennial AYuTe Africa Challenge in West Africa, earning a $1 million grant
Read MoreMillions of smallholder farmers in Sub-Saharan Africa will now have access to Mastercard’s Community Pass, a digital platform that makes
Read MoreReviewing recent trading activity revealed that the prices of the majority of grains had increased on the open market. Due
Read MoreThe Norwegian Agency for Development Cooperation (NADC) has provided an additional $10.15 million to the Africa Fertilizer Financing Mechanism (AFFM).
Read MoreAs major players continue to purchase significant amounts of the commodity, sorghum has maintained a 2-week bullish trend in the
Read MoreIn the open market, soybean achieved a gain of 3.26%, continuing a third week of gains. Large players are becoming
Read MoreReleaf, an agritech firm in Nigeria, raised $3.3 million in a Pre-Series A fundraising round that was oversubscribed. Two new
Read MoreThe NGX recovered today, recouping the loss from the previous session as the benchmark Index reached its highest level since
Read MoreThe majority of grains’ prices on the Exchange and in the open market had a red week. Soybeans were the
Read MoreIn the open market, paddy rice saw a gain of 8.10%, continuing a two-week streak of gains. Due to its
Read MoreIn the open market, Maize and Sorghum sustained a 2-week dip, plunging 3.73% and 0.02% respectively. This was attributed to
Read MoreIt was a buyer’s market in the open market last week. Prices plunged across grains commodities with Soybean topping the
Read MoreNigeria’s leading commodities market player, AFEX, has unveiled its 2022 Wet Season Crop Production Report in a hybrid event hosted
Read MoreIn a review of last week’s performance, Maize and Paddy rice appreciated marginally by 0.06% and 0.32% respectively on the
Read MoreEvery season, trends influence the production and output volumes of commodities in our food systems. This makes it pertinent to
Read MoreLast week, most grain commodities closed in the green territory, returning gains to investors on the Exchange. Paddy rice led
Read MoreSterling Bank Plc, Nigeria’s leading commercial bank, has said there are massive opportunities in the agricultural sector of the Nigerian
Read MoreNigeria on Monday began its long journey to end hunger and achieve food security by launching the Special Agro-industrial Processing
Read MoreThe President of Nigeria, Muhammadu Buhari, jointly with the African Development Bank, the Islamic Development Bank and the International Fund
Read MoreAFEX, Africa’s leading private commodities market player, on Friday, marked World Food Day 2022, with the launch of a new
Read MoreAn estimated 670 million people are projected to be undernourished in 2030, as noted in FAO’s The State of Food
Read MoreSyngenta Crop Protection is launching a commercial digital solution to diagnose infestations of plant-parasitic nematodes in crops by analysing photographs
Read MoreSterling Bank Plc has announced plans with her partners Leadway Assurance, Nestle Nigeria Plc, Microsoft Nigeria, Thrive Agric, GIZ, Stears
Read MoreThe incidence of floods across 29 of 36 states in Nigeria casts more worries for Nigeria’s food security in the
Read MoreAgriculture remains integral for developing economies, capable of stimulating growth across the non-oil economy via its broad potential value-chain interlinkages.
Read MoreSecondSTAX (Secondary Securities Trading and Aggregation eXchange) of Ghana, announced it has raised $1.6 million in pre-seed funding from private investors
Read MoreAs part of Union Bank’s commitment to driving financial inclusion in Nigeria, the Bank has partnered with WACOT Rice Limited
Read MoreIn the last trading week, commodities closed flat on the Exchange except for Maize, Paddy rice, and Ginger. Maize topped
Read MoreAfrican agritech innovators from all four corners of the continent claimed victory in the 8th edition of Pitch AgriHack. The 2022
Read MoreIn a review of last week’s trading activities, paddy rice and sorghum sustained a 2-week price increase in the open
Read MoreTo support the growth and sustainability of Nigeria’s livestock industry, IFC announced a partnership with the Nigerian subsidiary of Bar
Read MoreAs the current crises and disruption in food networks lay bare most African countries’ dependence on food imports, it has
Read MoreEndowed with a budget of $19.6 million until 2025, the African Agricultural Transformation Initiative (AATI), has been launched to improve
Read MoreIn a review of last week’s trading activities, maize plunged for the third consecutive week on the Exchange by 1.93%,
Read MoreAccording to a 2019 report by McKinsey (https://mck.co/2XHsEcv), 60 percent of Africans are engaged in subsistence farming. It makes up
Read MoreIt didn’t take long for Russia’s war in Ukraine to impact Africa. Already grappling with soaring inflation and still recovering
Read MoreIn a review of last week’s price performance, maize plunged for the second consecutive week by 4.12% w-o-w to maintain
Read MoreAt the close of the trading week on the Exchange, maize dipped by 16.67% to close at N207,812 per metric
Read MoreThe Women Agripreneurs of the Year Awards (WAYA) has announced the 2022 edition’s Top 15 applicants. The outstanding women agripreneurs
Read MoreAs global temperatures continue to soar unseasonably early, it has added pressure to the many factors piling pressure on Africa’s
Read MoreA pilot to increase access to finance. In 2019, SCOPEinsight and AGRA began a project to graduate agribusinesses and link them to
Read MoreDuring the week, the Exchange recorded an increase in the prices of most grain commodities. Paddy rice was the top
Read MoreThe Food and Agriculture Organization of the United Nations (FAO) will fast track an impact-oriented project in Central America and
Read MoreFSD Africa and Rabobank ACORN / Rabo Foundation have launched a collaboration to help African small-scale farmers transition to Agroforestry,
Read MoreIFC and Jubaili Agrotec, a Nigeria-based agrochemicals manufacturer and distributor, announced a partnership that will support the company to expand
Read MoreSorghum, maize, and soybean were the top traded commodities on the Exchange during the week. The price of maize reversed
Read MoreIn the middle of Kamba market in Nigeria’s north-western Kebbi State, hub agro-dealer Umar Sani points to a stack of
Read MoreThe Board of Directors of the African Development Bank Group (www.AfDB.org) on Friday approved a $134 million loan for the
Read MoreCompared to the previous week, the prices of most commodities on the Exchange were muted except for maize which gained
Read MoreThe Nigerian agricultural sector, achieved yet another milestone as tech giant, Microsoft, in collaboration with Sterling Bank, NITDA and TedPrime
Read MoreDuring the week, activities on the African Commodities Exchange saw a mixed performance across commodities with ginger topping the gainers’
Read MoreA new Regional Integrated Initiative in West and Central Africa entitled ‘Transforming Agrifood Systems in West and Central Africa’(TAFS-WCA) that
Read MoreOn the Exchange last week, we observed mixed performances across prices of grain commodities. Soybean topped the laggard chart, plunging
Read MoreLack of youth involvement in Agriculture is inhibiting the sector’s growth according to industry experts. Speaking during the ongoing Digital
Read MoreAFEX, Nigeria’s leading commodities exchange and commodities market player, announces its expansion into Kenya, following a successful pilot phase in
Read MoreSorghum and maize closed the trading week, gaining 25.27% and 0.08% w-o-w on the Exchange. A similar trend was witnessed
Read MoreEcobank Nigeria (Ecobank.com/ng), an affiliate of the leading Pan-African banking Group, Ecobank Group, has launched Season 3 of its Super
Read MoreMastercard and Ecobank Group (www.Ecobank.com) will deploy Mastercard Farm Pass, an award-winning, innovative solution that helps connect smallholder farmers to
Read MorePrices of domestic commodities are increasing due to the onset of the planting season. This has led to increased demand
Read MoreOur products are safe and effective when used as intended. Wherever we operate, we do this in full compliance with
Read MoreVICTRATO® is a new seed treatment that targets nematodes and key soil borne fungal diseases, increasing the quality and yield of
Read MoreEXPLOYO™ Vit is a natural, pheromone-based and sprayable solution to improve quality and yield of grapes and control pests The
Read MoreDomestic prices of soybean, paddy rice, and sorghum have been rising due to the hoarding activities of the farmers in
Read MoreApplication Deadline: August 1st, 2022 IFT is partnering with the Seeding The Future Foundation who has provided funding for IFT to conduct the
Read MoreThe Indian government has placed a ban on wheat export to moderate domestic prices in the domestic market. The effect
Read MoreIn the domestic market, prices of commodities fell W-o-W due to traders’ inaccessibility to the market because of the frequent
Read MoreThe latest national accounts released by the National Bureau of Statistics (NBS) show that the agriculture sector grew by 2.1%
Read MoreThe number of people facing acute food insecurity and requiring urgent life-saving food assistance and livelihood support continues to grow
Read MoreFarmerline Group the continent’s Amazon for African farmers has secured a US$6.4 million Pre-Series A investment and $6.5 million debt
Read MoreSeeking innovative ways to generate agribusiness opportunities for young African entrepreneurs, Heifer International announced today that it is investing $1 million USD
Read MoreHere is your official invite to join us as we host one of the biggest Ag-hackathons in Africa. Join us for
Read MoreThe number of children facing severe drought conditions across the Horn of Africa has increased by more than 40 per
Read MoreAs market pressure on commodity prices abates due to a decline in market activities amongst off-takers and market makers, the
Read MoreThe latest foreign trade data by the National Bureau of Statistics (NBS) shows that in 2021 Nigeria imported N1.29 trillion
Read MoreMeeting Africa’s overlapping challenges and realizing its enormous potential both require extraordinary efforts and new ways of working together, Director-General
Read MoreGRA signed a Memorandum of Understanding (MOU) with the United States Department of Agriculture (USDA) to enhance the agricultural transformation
Read MoreCase studies across Africa demonstrate the positive impact that access to even the most basic mobile technology can offer smallholder
Read MoreSingapore’s private sector will play a critical role in improving the livelihoods of thousands of smallholder farmers and lowering greenhouse
Read MoreThe Food and Agriculture Organization of the United Nations (FAO) has launched a new phase of its key agricultural policy
Read MoreInstitutional members of the Africa Fertilizer Financing Mechanism’s Governing Council endorsed plans to attract more private sector financing to the
Read MoreFlapmax has announced it is working with the University of Florida (UF) to help support training and upskilling opportunities in Africa
Read MoreToday The Rockefeller Foundation launched its new Good Food Strategy, which will invest USD 105 million over three years to
Read MoreAGRA has begun accepting applications for the 2022 Women Agripreneurs of the Year Awards (WAYA), which recognizes female entrepreneurs excelling
Read MoreApplication Deadline: April 30th 2022 The Africa Agri-Food Development Programme (AADP) supports and enables Irish companies to realise their ambition of
Read MoreAround a third of the world’s food is produced by smallholder farmers on less than two hectares of land. In
Read MoreNigeria’s administrative and political capital, Abuja, is hosting the 13th Multidisciplinary Team meeting of FAO in West Africa, from 15
Read MoreThe Africa Food Prize committee is pleased to announce the launch of the 2022 nominations for the Africa Food Prize.
Read MoreCommodities on the Exchange closed the week in red except for paddy rice which increased marginally by 0.03%. Cocoa topped
Read MoreAgDevCo, the specialist investor in early-stage African agribusinesses, has announced a $90m package of new funding from the CDC Group,
Read MoreAt the close of trading last week, contracts recorded mixed performances on the Exchange. Sorghum and soybean topped the laggard
Read MoreThe Agri-Business Capital Fund, ABC Fund, has announced that it has received its first investment from a corporate global financial
Read MoreIf we were to “follow the money” to a sector booming with growth opportunities, then currently the place looking most
Read MoreThis action plan was implemented jointly with the Commission for the Control of Desert Locusts in the Western Region (CLCPRO)
Read MoreThe declining trend witnessed in the price of grains on the Exchange and in the Nigerian open market has endured
Read MoreThe United Nations General Assembly has declared 2022 the International Year of Artisanal Fisheries and Aquaculture (IYAFA 2022). FAO is the
Read MoreThe Farmers for the Future (F4F) Grant is an Agricultural Entrepreneurship grant designed to support young people with viable Agri-Business
Read MoreThe Food and Agriculture Organization of the United Nations (FAO) and the World Food Programme (WFP) have launched a project
Read MoreCoffee prices this morning are rallying, with arabica at a 2-month high and robusta at a 3-1/2 week high. Dwindling
Read MoreAs global food production is on the rise, food waste is soaring. About 40% of all food goes uneaten, but
Read MoreGinger maintain a 3-week decline on the Exchange last week, the price of maize and cocoa plummeted marginally, while sorghum
Read MoreFood security can only be achieved together with water security, the Director-General of the Food and Agriculture Organization of the
Read MoreHumanity is waging war on nature. Nature always strikes back – and it is already doing so with growing force
Read MoreDeveloping countries sharing solutions to many of the challenges they collectively face is a cost-efficient and effective path to achieving
Read MoreAgBiome, a company that develops innovative products from the Earth’s microbial communities, has announced the Bill & Melinda Gates Foundation
Read MoreAutomobile manufacturer The Honda team from Ogun State in Nigeria recently visited IITA Headquarters to strengthen the partnership between IITA
Read MorePresident Muhammadu Buhari on Tueseay January 18th unveiled a 1.2 million paddy rice bags pyramid in Abuja. The 13 pyramids
Read MoreLast week all grain commodities closed in the green territory, returning gains to investors on the Exchange. Prices are not
Read MoreOn the Exchange, we witnessed a 6.41% increase in the price of maize and a marginal increase in paddy rice
Read MoreA $210 million loan approved by the African Development Bank’s Board of Directors (www.AfDB.org) on Monday could impact the lives
Read MoreAhead of the Year End festivity, the price of grains on the Exchange and in the Open market increased w-o-w
Read MoreA new, interactive digital report launched today shows that the number of hungry people in Africa continues to rise, spurred by conflict,
Read MoreApplication Deadline: January 31, 2022 The program “Scaling Digital Agriculture Innovations through Startups” (SAIS) is funded by the German Federal
Read MoreAFEX, Nigeria’s leading commodities market player, has today announced a new $100m 10-year bond called The Food Security Fund (FSF).
Read MoreSymbiotics, the leading market access platform for impact investing, dedicated to financing micro, small and medium enterprises and low and middle-income
Read MoreFood security can only be achieved together with water security, the Director-General of the Food and Agriculture Organization of the
Read MoreYouth leaders took centre stage in the fight to feed the world by raising awareness, inspiring action and identifying solutions
Read MoreThe production, distribution and consumption of food uses about a third of the world’s energy and is responsible for about
Read MoreSocial investor Oikocredit provided a three-year $3.5 million loan to agricultural processors, wholesalers and retailers of Valency Agro Nigeria, a
Read MoreStaple crops in eight African countries could decrease by as much as 80 percent by 2050 in some areas if
Read MoreApplication Deadline: October 1st 2021 AgroHack Challenge is seeking innovative ideas across the value chain of the agriculture industry. These ideas
Read MoreNestlé (www.Nestle.com) is laying out its plans to support and accelerate the transition to a regenerative food system – one
Read MoreFourteen inspiring, young entrepreneurs from across Africa, pitched their innovative agribusinesses to influential judges and delegates at the pitch finale
Read MoreAgricorp International, Nigerian based spices producing, processing, and exporting company has raised $17.5 million in Series A funding to increase
Read MoreMany communities in North-East, North-Central and South South regions of Nigeria have faced renewed violence in recent months. While we
Read MoreThe AGRF (www.agrf.org) and Heifer International (www.Heifer.org) today announced the launch of Pitch AgriHack 2021, a competition focused on accelerating
Read MoreThe African Development Bank (AfDB), International Fund for Agricultural Development (IFAD), the Bank of Industry (BoI) and Islamic Development Bank
Read MoreA business which gives out virtual cash in exchange for rubbish, a start-up which converts faecal sludge into fuel briquettes,
Read MoreRural businesses will get a boost from new financing programme launched by the UN’s International Fund for Agricultural Development (IFAD),
Read MoreApplication Deadline: 30th July 2021. The Africa Agri-Food Development Programme (AADP) is a joint initiative between the Department of Agriculture, Food and the
Read MoreOCP, the phosphate mining and fertilizer group, signed a financing agreement with the IFC, to support OCP expand its value
Read MoreThe world’s soils, which provide 95% of humanity’s food, are “under great pressure”, according to a UN report on soil pollution.
Read MoreBuilding on its work to boost food security in Nigeria through technology-driven agricultural services, Thrive Agric has launched an ambitious
Read MoreApplication Deadline: December 2021 The Milken-Motsepe Innovation Prize program is a series of multi-year, multimillion-dollar prize competitions for technological solutions that
Read MoreRural Farmers Hub encourages the sustained economic development of smallholder farmers. The company provides agricultural services to under-served smallholder farmers
Read MoreThe Green Innovation Centre for the Agriculture and Food Sector Program (GIAE) – Nigeria is launching an 18-month project to
Read MoreThe Syngenta Foundation for Sustainable Agriculture (SFSA) launched 13 Farmers’ Hubs to service 13,000 sorghum and cowpea farmers in Kano
Read MoreApplication Deadline: December 2021 The Milken-Motsepe Innovation Prize program is a series of multi-year, multimillion-dollar prize competitions for technological solutions that
Read MoreThe Alliance for a Green Revolution in Africa (AGRA) has launched a unique Centre to provide hands-on implementation support for
Read MoreAs part of efforts to improve the production capacity of rice nationwide and enhance food security, the Federal Government launched
Read MoreApplication Deadline: April 26, 2021 IFC 9th International Food Safety Forum Virtual Event IFC invites retailers, manufacturers and other players in
Read MoreThe Pan-African Farmers Organization (PAFO) and the Alliance for a Green Revolution in Africa (AGRA) have signed a cooperation and
Read MoreGood times are ahead for farmers in the South-East geopolitical zone as Dangote Fertilizer has promised to train them on
Read MoreThe United States Agency for International Development (USAID) has tapped a consortium led by Cargill and including Ausvet, Heifer International, and the
Read MoreDangote Fertilizer has promised to train them on better ways of farming to obtain bumper yields. This is as the
Read MoreNestlé, IDH the Sustainable Trade Initiative, and TechnoServe have announced the launch of the Developing Inclusive Grain Value Chains project.
Read MoreThe Mastercard Foundation has partnered with Nourishing Africa and U.S. African Development Foundation (USADF) to train 2,0000 young agripreneurs and
Read MoreThe authorities of Benin Republic, Tuesday, dispatched a delegation to hunt President Muhammadu Buhari’s intervention for Nigeria to assist the
Read MoreApplication Deadline: Ongoing The Agri-Business/Small and Medium Enterprise Investment Scheme is an initiative to support the Federal Government’s efforts and policy measures
Read MoreThe multifaceted Technologies for African Agricultural Transformation (TAAT) project registered another success story, this time, in Nigeria’s poultry sector. A
Read MoreApplication Deadline: 6 June, 2021 FATE Foundation in partnership with Mitsubishi Corporation is pleased to announce the call for applications for the virtual
Read MoreIFAD has provided a first grant of $900,000 through its Rural Poor Stimulus Facility (RPSF) to support the worst affected
Read MoreApplication Deadline:15th March 2021 Olam International Limited, one of the world’s leading food and agri-businesses, has extended the application deadline for
Read MoreAchieving food security also involves addressing nutrient deficiency. Using the space around a house, families can often raise a homestead
Read MoreGlobally, the number of outbreaks of Peste des petits ruminants (PPR), also known as sheep and goat plague, fell by
Read More10,000 women in Nigeria will be selected as direct beneficiaries of a two-year agricultural intervention, as Value Seeds launches their
Read MoreFarmers in Nigeria, the first country where Fall Armyworm (FAW) was detected in Africa in 2016, will soon get access
Read MoreA free tool that will help farmers and pastoralists across Africa to predict and control locust behaviour has been launched. Kuzi—the
Read MoreThe World Bank approved a $60 million International Development Association (IDA) grant to help African countries strengthen the resilience of
Read MoreThe U.S. Agency for International Development (USAID), the Swiss Agency for Development and Cooperation, and the IKEA Foundation have announced
Read MoreIn May this year, the International Institute of Tropical Agriculture (IITA) partnered with the Mastercard Foundation to start the Young
Read MoreFrench development agency, Agence Française de Développement (AFD), signed a €300 million loan to UN’s International Fund for Agricultural Development
Read MoreGerman Development Minister Gerd Müller has announced the launch of Agri-Finance Liquidity Facility (“ALF”) , a new initiative of the
Read MoreThere are just hours to go until the 23 October deadline to enter the African Development Bank’s (www.AfDB.org) AgriPitch Competition.
Read MoreIn the International Commodity Market, Maize and Soybeans prices increased marginally in September; by 4.1% and 7.3% M-o-M respectively. Paddy rice
Read MoreThe AFEX Commodities Index composite retained its performance as that of the previous week, closing at 271.02 points since there
Read MoreACI monthly prompt: CBN’s Policy Response on Maize caused by Lean Season. The open market prices surged for maize (14.72%
Read MoreThe African Development Bank’s Youth Agripreneur AgriPitch Competition and DealRoom connects expansion-ready, youth-led African businesses with global investors (debt, equity and/or grant).
Read MoreA panel of some of Africa’s most promising small and medium-enterprise (SME) agripreneurs gathered online to call for more selective
Read MoreThe AFEX Commodities Index composite experienced no change in the week under review, as it closed at 249.47points. This is
Read MoreNigerian Minister for Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono said the Federal Government will inject over N600 billion
Read MoreThe Federal Government of Nigeria, through the Ministry of Environment in partnership with IITA, under the Hydrocarbon Pollution Remediation Project
Read MoreSterling Bank Plc, Nigeria’s leading commercial bank, has extended coverage of its Farmers’ Radio programme to cover the six-geo-political zones
Read MoreThe National Information Technology Agency (NITDA), under the supervision of Federal Ministry of Communications and Digital Economy, has adopted 130
Read MoreIn its move to digitize agricultural sector, the National Information Technology Agency (NITDA), under the supervision of Federal Ministry of
Read MoreA farmer cooperative society in Mali has experienced a significant increase in production of quality seeds, setting an example for
Read MoreYield improvement of important African food crops will get a boost with the launch of a new project to be
Read MoreAfrican swine Fever (ASF), which may cause up to 100 percent mortality in pigs, has become a major crisis for
Read MoreApplication Deadline: 23:59 CET (France) 11th January 2021. Olam International, in partnership with Agropolis Foundation, is on the hunt for ground-breaking scientific
Read MoreThe AFEX Commodities Index composite experienced a massive uptick to close at 246.46 points in the week under review. The index
Read MoreA key goal for AFEX since we launched ComX in January has been introducing some innovative financial products/ instruments that
Read MoreThe International Institute of Tropical Agriculture (IITA), through its Youth in Agribusiness office, is partnering with the Mastercard Foundation in
Read MoreTo assist smallholder farmers in Asia, Africa and Latin America who are facing additional challenges resulting from COVID-19, Bayer, as
Read MoreNigeria’s central bank said it will support farmers with a 432 billion naira ($1.1 billion) loan in the 2020 wet
Read MoreIn Nigeria, crop production is an old tradition, many families in the country solely depends on it for the provision
Read MoreGBfoods, a global player in culinary product manufacturing, in partnership with the Central Bank of Nigeria (CBN), Kebbi State Government
Read MoreInvasion of desert locusts, civil conflicts in parts of the West African region, and the global outbreak of COVID-19 pause
Read MoreAfrica’s most populous country and largest economy faces rising food insecurity as a combination of a mostly informal agriculture sector
Read MorePromasidor Nigeria, a consumer goods manufacturer says it has committed $5 million to jumpstart Ikun Dairy Farm in Ekiti State
Read MorePresident Muhammadu Buhari has approved the immediate dissolution of the Interim Management Team and the appointment of an Acting Managing
Read MoreGrain market in Africa is continuing to exude a bullish performance according to a report by IndexBox, citing that the
Read MoreLaunched today, the GoGettaz Agripreneur Prize is receiving applications from young agrifood entrepreneurs. Now more than ever strong agriculture and
Read MoreThe Business Incubation Platform (BIP) of IITA has achieved an impressive yield of 23 tonnes per hectare for yam production
Read MoreApplication Deadline:May 31, 2020 5:00 pm GMT. The GCHERA WORLD AGRICULTURE PRIZE is the international award of the Global Confederation
Read MoreThe Japanese Government has donated a rice mill worth over N26m$70,650) to the Edo State Government, as part of efforts
Read MoreThe Africa Fertilizer Financing Mechanism (AFFM) has kick-started a $2.2 million project to provide fertilizer suppliers in Nigeria with financial
Read MoreThe Business Incubation Platform (BIP) of IITA has set a new production record for maize in Nigeria. BIP exceeded the
Read MoreThe Financial Market Dealers Exchange and the AFEX Commodities Exchange Limited of Nigeria have signed a Memorandum of Understanding to
Read MoreThe Nigerian Minister for Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono stated that quality seed is a key input towards
Read MoreThe Federal Government of Nigeria has launched the National Fertilizer Quality Control Act 2019 as a vital component of the
Read MoreThe Nigerian Minister for Agriculture and Rural Development, Alhaji Muhammad Sabo Nanono has lauded the effort of rice farmers in
Read MoreThe Food and Agricultural Organisation (FAO) of the United Nations has urged the Federal Government to maximize efforts to prevent
Read MoreThe African Development Bank (AfDB.org), in collaboration with the government of Nigeria, has held a meeting with stakeholders to discuss
Read MoreFarmcrowdy, Nigeria’s digital agriculture platform is officially exploring the business of selling meat after it acquired a majority stake in
Read MoreThe interconnection of the different sectors of the Angolan fisheries value chain is contributing to the sustainable development of the
Read MoreThe Federal Government of Nigeria has received request from the Government of Guninea Bissau seeking assistance in rice production so
Read MoreIDH Sustainable Trade Initiative, in coalition with Unilever, Jacobs DE, Mondelez and Rabobank, has launched the IDH Farmfit Fund, world’s
Read MoreThe U.S. Agency for International Development (USAID) has awarded a three-year, $8 million Cooperative Agreement to Catholic Relief Services (CRS)
Read MoreThe Federal Government of Nigeria has approved registration and release of a new Pod Borer Resistant (PBR) Cowpea variety for
Read MoreThe land border closure with neighbouring countries has saved the poultry industry in Nigeria about N50 billion since its commencement
Read MoreWema Bank has committed N2 billion to fund agriculture, support farmers and agric-value chain. The investment reaffirms the bank’s commitment
Read MoreThe Global Organic Fertilizers Market is expected to grow with a significant rate during the forecast period 2018-2025, owing to
Read MoreMicrosoft, through its 4Afrika Initiative, has pledged support to the One Million Farmers Platform, a World Bank initiative aiming to improve
Read MoreAn alliance of West African nations seeking to help small farmers cope with climate change are helping them adopt agricultural
Read MoreApplication Deadline:18th December 2019 AgriLab is focused on enabling AgriTech Entrepreneurs to succeed. AgriLab aims to enable young Nigerians to
Read MoreThe African Plant Breeders Association (APBA) (https://africaplantbreeders.com) was launched recently to bring together plant breeders from several African nations to
Read MoreFarmshine, a Nairobi based agritech start-up has raised funding of USD 250,000 from US-based impact investor Gray Matters Capital’s gender lens
Read MoreIn a first-of-its-kind enterprise in Nigeria, a large-scale flour mill has come up with processed sorghum flour with a shelf
Read MoreAn IITA-led partnership has honed aflatoxin biocontrol for sub-Saharan Africa (SSA) for over 15 years. Recently, the team published a
Read MoreWithout changing the approach towards the efforts to end hunger, Africa risks remaining as the only continent struggling with hunger
Read MoreWith decades of research contributing to the improvement of plant health globally and across Africa in particular, the International Institute
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