The Federal Government of Nigeria and the Kingdom of Saudi Arabia have pledged to improve bilateral relations, particularly in agriculture, trade and economic opportunities. This commitment was reaffirmed during a meeting between a delegation from Saudi Arabia, led by its Minister of Environment, Water, and Agriculture, Abdulrahman Alfadley, and Nigerian officials on Thursday in Abuja. ...

KUALA LUMPUR, Malaysia, May 08 (IPS) – Africans have long been promised trade liberalisation would accelerate growth and structural transformation. Instead, it has cut its modest production capacities, industry and food security. Berg helped sink Africa The 1981 Berg Report was long the World Bank blueprint for African economic reform. Despite lacking support in theory and experience, ...

The board of directors of the African Development Bank Group has approved the Country Strategy Paper (CSP) for Zambia for 2024-2029, which sets out two priority intervention areas: Boosting the development of the private sector through investments in infrastructure and developing the country’s agricultural value chain. “The aim of this new CSP is to support ...

In its 2023 report, the European Union underscored the socio-economic benefits of the agricultural agreement with Morocco, particularly for the nation’s southern provinces. The report, a collaborative effort between the European Commission and the European External Action Service (EEAS), noted a significant increase in exports from these provinces to the EU, from around 100,000 tons ...

Africa plans to become a global food exporter by 2050, as the continent currently imports about $50 Billion worth of agricultural products per year. This goal is expected to be achieved through the AfCFTA agreement where Intra-African agricultural trade is projected to increase by 574% after the elimination of Import tariffs by 2030. By the year 2035, the total exports ...

According to EastFruit, Egypt is expanding its export markets for vegetables and fruits, and Brazil is one of the most promising destinations. In 2023, Egyptian exporters doubled their shipments of fresh and frozen fruits and vegetables to Brazil and gained a strong foothold for some products. Over the last five years, Egyptian exports of fresh ...

Minnesota’s top ag official points to one African country that could unlock export opportunities throughout the continent. Commissioner Thom Petersen recently returned from a trade mission to Morocco and says the focus was on grain, feed, and the Port of Duluth. “Keep in mind too, Morocco is the only African country that has a free ...

Kenya and the United States are set to begin talks on contentious clauses in a proposed bilateral trade deal amid fears the agreement could flood the market with cheap agricultural imports from America. The delayed third in-person round of talks will focus on agriculture, good regulatory practices and workers’ rights and protections, according to a ...