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Tag: Maize

Advans Côte d’Ivoire partners AFD in US$245,000 deal to finance maize producers’ access to inputs

CÔTE D’IVOIRE – Advans Côte d’Ivoire (Advans-CI), a microfinance institution and member of the Advans group, has signed a financing agreement of 150 million CFA francs (US$245,000) to implement a pilot program intended to finance cooperatives of maize producers. According to Ecofin Agency, Advans has partnered with Proparco, a subsidiary of the French Development Agency (AFD) dedicated to financing the…

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Hope for Kenya as maize farmers anticipate bountiful harvests on the back of subsidized inputs

KENYA – Farmers in Uasin Gishu County, the grain basket of the country, have expressed high expectations that they were set to have a bumper in maize crop, thanks to the reduced cost of production after the government rolled out the Fertilizer Subsidy Programme. The good news gives hope to consumers who are currently struggling to afford a packet of…

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Anxiety strikes Kenyan millers as Tanzania bans farmgate purchases of maize amid shortage

KENYA – Kenyan maize milling sector has expressed fear that maize meal prices may further go up as Tanzania bans farmgate purchase of the rare commodity by foreigners, the Nation has reported. The panic follows a statement published by the Tanzanian Ministry of Agriculture on May 23, requiring buyers from outside the country to source the produce through registered traders…

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Kenya to compete with China for maize in traditional source market creating fears of supply crunch

KENYA- Asia’s largest economy is diversifying its corn source markets from the US to South Africa and Latin American countries such as Brazil, which are key buying destinations for Kenya’s imports. The move by China spells doom for Kenya, which is relying on imports to address the runaway cost of flour that now stands at KES 6,100 (US$44.44) for a…

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Kenyan maize prices shatter hope for cheaper maize meal as the 90kg bag hits KES 6100

KENYA –Kenyan consumers might soon dig deeper into their pockets to afford a packet of maize meal as maize prices hit a historic high of KES 6,100 (US$44.44) for a 90-kilogram bag amid import claims, Business Daily has reported. The price jumped from KES 5,700 (US$41.53) late last month on reduced supply, adding more pressure on flour and pain to…

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Kenyans anticipate maize meal price drop to Kes140 on expectation that imports will reach the country in 10 days

KENYA- The agriculture ministry has once again said the price of maize meal will drop in 10 days as 150,000 metric tonnes of maize imports are likely to arrive in Mombasa within the next fortnight. “We have 150,000 tonnes of maize that will be landing in Mombasa in the next 10 days, which will lower the cost of flour to…

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Over 20 millers summoned by the agriculture CS over maize meal prices in Kenya

KENYA – The Kenyan Agriculture Cabinet Secretary (CS) Mithika Linturi has summoned over 20 local millers as the price of maize meal, the country’s staple gets sour, Citizen News has reported. According to Linturi, the summon is intended to establish when millers who were granted the duty-free import licenses will be bringing their consignments to effect the proposed price of…

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South Africa to produce 15.88M tonnes of corn in 2023: Crop Estimates Committee forecasts

SOUTH AFRICA – South African farmers are expected to harvest 2.65% more maize in the 2022/2023 season compared with the previous season, according to the latest forecast the by Crop Estimates Committee (CEC). According to CEC, the estimate for South Africa’s total corn crop (subsistence and commercial production) for the second summer crop is estimated at 15.88 million tonnes, up from…

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Kenya commissions grain storage facilities in Nakuru county to curb post-harvest losses

KENYA – Farmers in Nakuru County, one of the major maize growing areas in Kenya, are poised for better days following the commissioning of two warehouses with grain drying and storage capabilities. According to a report by the Kenya News Agency, the facilities are the brainchild of the Kenya Cereal Enhancement Programme Climate-Resilient Agricultural Livelihoods (KCEP-CRAL) program. The KCEP-CRAL program…

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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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