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Manufacturing and agriculture record fastest rise in production costs in January – report
Stanbic IBTC Plc’s Purchase Managers Index (PMI) report showed that the Nigerian economy’s performance in January 2023 resulted in the highest input costs for operators in ...
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Zanzibar Secures Market for Neglect Seaweed
Zanzibar – The newly formed Zanzibar Seaweed Company (ZASCO) has secured a market for sea lettuce seaweed, previously neglected as a waste and environmental hazard. ZASCO Executive Director Dr. Masoud Rashid Mohammed said here over the weekend that since last September the company has spent more than $960 million on his purchases of 800 tonnes ...Manufacturing and agriculture record fastest rise in production costs in January – report
Stanbic IBTC Plc’s Purchase Managers Index (PMI) report showed that the Nigerian economy’s performance in January 2023 resulted in the highest input costs for operators in the manufacturing and agriculture sectors. The PMI report said the rise in input costs was due to rising fuel and commodity prices, exacerbated by the naira’s depreciation in the ...Nigerian government plans to improve food and nutrition security with a tractor rental program.
Izu Red Mary The ministry will buy 10,000 tractors to get the program off the ground, officials said. The Nigerian government launched a tractor rental scheme in Kaduna on Saturday to promote farming practices in the country. This initiative was realized by the Federal Ministry of Agriculture and Rural Development in cooperation with the Bank ...Nine agribusiness ideas to consider in Africa in 2023
As the new year begins, it’s a great time to think about new opportunities in the African agro-food industry. This list of his nine possible ideas for 2023 is intended to encourage initial consideration and further investigation, rather than presenting specific opportunities or broader business plans. Possibility of local production of baby food in Africa ...Nigeria 2023 – Attic of Benue pledges to fight insecurity and promote agriculture if elected
Mohammed Babangida The former vice president said he would merge Fulani and Tivs. People’s Democratic Party (PDP) presidential candidate Atiku Abubakar has promised to restore peace in Benue state if he is elected president in this month’s elections. Atiku also pledged to promote agriculture for the development of the state and the country. He was ...Heatwave threat to SADC agricultural prospects
Switching to hotter conditions is a new challenge for the agricultural sector in the South African region. One expert expressed concern about this shift from favorable rainfall to drier conditions amid the deepening energy crisis that continues to plague various parts of the agricultural sector. South Africa, a net grain exporter in the South African ...
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