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Day: March 8, 2023

Malawi partners World Bank to raise agriculture financing to US$235M as new fertilizer consignment arrives from Russia

MALAWI – The government of Malawi in partnership with the World Bank has announced plans to increase the Agriculture Commercialization (Agcom) financing program from US$95 million to US$235 million in a bid to empower more farmers. The announcement was done during the 2023/24 National Budget Statement delivered in the Parliament by Sosten Gwengwe, the Minister of Finance and Economic Affairs.…

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Development Bank of Ghana earmarks rice, maize, and soya bean in push to boost food security in the country

GHANA – The Development Bank of Ghana (DBG) has embarked on an initiative to boost the production of poultry and cereals in a bid to promote food security in the country. The bank has earmarked rice, maize, and soya bean as the cereal sof importance in contributing to the country’s food basket, Michael Mensah Baah, the Deputy Chief Executive Officer…

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Algeria opens new registration window for grain and pulses suppliers 

ALGERIA – The Algerian Inter-professional Office of Cereals (OAIC) has launched a public call for  grain and pulse traders to register on its supplier shortlist as part of an expansion of its cereal’s supplier file. The OAIC is a state agency that procures grains on the domestic as well as international markets for sale and distribution in Algeria. The shortlist…

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Kellogg achieves gender parity goal ahead of schedule as Britania eyes 50% of woman workforce by 2024

UK – As the world marks International Women’s Day, Kellogg, a leading producer of breakfast cereal products, has announced that it has reached its goal of having 50:50 male and female representation at the manager level and above in the UK. The member of the LEAD Network (Leading Executives Advancing Diversity) celebrates the achievement which has come three years ahead…

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Kenya opens up Galana-Kulalu irrigation scheme to private investors, grants Twiga Foods 20,000 acre lease

KENYA – In a fresh attempt to revive Galana-Kulalu and spur growth in local food production, the government of Kenya has opened up the multi-billion dollar irrigation scheme to private investors. Agri-tech firm Twiga Foods is among the first beneficiaries of the new scheme having secures some 20,000 acres in the one-million-acre scheme.  Twiga will be given 10,000 acres that…

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Kenyan farmers allowed to grow maize in Zambia in latest push by the state to boost local supply

KENYA – Zambia has agreed to allow Kenyan farmers to conduct large-scale maize farming within its territory provided they export their products back to their home country; Lusaka Times has reported. The move is the culmination of bilateral talks between the two countries spearheaded by Kenya’s Agriculture Cabinet Secretary (CS) Mithika Linturi and his Zambian counterpart Reuben Mtolo. Speaking during…

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US Trade Representative (USTR) requests talks with Mexico on GM corn import dispute

USA- US Trade Representative Katherine Tai has requested talks with Mexico to resolve the current dispute over GM corn imports from the USA.  Mexican President Andrés Manuel López Obrador has a decree to ban biotech corn imports from 2024.  However, a few weeks ago, the Mexican president eased his stance, allowing GM corn import from the USA for feed manufacture…

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Coyle resigns as independent director for Ceres Global Ag, becomes consultant 

USA- Thomas Coyle has stepped down as an independent director of the board of directors at Ceres Global Ag Corp. and will take on a bigger role as a consultant to the company.  Ceres appointed Coyle to the board as an independent director effective 1st October 2022. In addition to this role, he also led the board’s oversight of Ceres’…

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ADM and Marel partner to increase alternative protein capabilities

NETHERLANDS- Chicago-based ADM has entered into a joint venture agreement with Marel, a leading provider of advanced food processing solutions, to build an innovation center to enhance the production of alternative proteins.  The innovation center will be at the heart of the Netherlands food valley at the Wageningen Campus and is set to open in the second half of 2024,…

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