African Business News

Ifad and Agra Call for More Investment for Smallholder Farmers

London – Kanayo F. Nwanze, President of International Fund for Agricultural Development (IFAD) and Alliance for a Green Revolution in Africa (AGRA) President Jane Karuku called for a continued global push for increased smart investments in Africa’s agriculture, both by governments and the private sector. After speaking at the Chatham House Food Security 2012 Sustainable Intensification:

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Tanzania: Commercial Agriculture Can Reduce Poverty

POVERTY levels deeply entrenched among rural folks can be significantly reduced if smallholder farmers are allowed to go into commercial agriculture with access to lucrative urban markets.

World Bank Lead Economist for Burundi, Tanzania and Uganda, Jacques Morriset said in Dar es Salaam

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Senegal: Bumper Grain Harvest Expected in South

Dakar – Farmers in Médina Yoro Foula, in Senegal’s southern Kolda region, are expecting a good grain harvest this year, and hope to sell thousands of tonnes of grain in the local and regional markets.

“The harvest will be far better than last year’s,” said Moussa Sabaly, from the Regional Office for Rural Development (DRDR) in Kolda.

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Poultry Farming Company Introduces New Machinery

Asmara – Eritrean Poultry Farming Company, a private business located around Mai-Nefhi area, indicated that it has introduced new machinery worth 28 million Nakfa with a view to boosting production.

Mr. Tsehaye Gebreyesus, Manager of the company, said that availability of new incubators would save the company from chick imports,

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