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October 2017
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EDITO
Tuesday, 17 October 2017

Africa needs more than token action towards building green economies. Without adequate climate action, African farmers may lose 40 % to 80 % of their croplands for growing grains. Preventing the loss of biodiversity (SDG 9) and ecosystem degradation will safeguard urban people’s food supply too. The big question is: how will private sector resources be mobilised? No doubt, African financial institutions have significant capacities to support investors. However, they have a history of risk aversion and lack sufficient market instruments to facilitate risk-sharing. Therefore investments in agribusiness has stayed below what is needed. A further drag is the macroeconomic situation. Interest rates are rising and are increasingly beyond what smallholder farmers and small and mid-sized enterprises can afford.

Thursday, 20 April 2017

Celorrio is to build a large complex in Ethiopia. It would be the largest investment ever made by the La Rioja-based group and will employ more than 3,000 people, intending to increase substantially its capacity to manufacture vegetable preserves (asparagus, Piquillo pepper and artichoke). After several years of research across several countries, it seems that the town of Mek’ele has the microclimate suitable for theses crops and a great water capacity. The factory, which will be ready in September 2018, will have a constructed area of 65,000 m2, over a total acreage of 5,000 hectares of land, with the aim of reaching a production capacity of 80,000 tons. The aggregated sales of Grupo Celorrio amounted to €190 million in 2016, 9% more than the previous year. Of that turnover, 20% comes from exports.

Wednesday, 19 April 2017

On Tuesday, the Minister of Industry, Trade and Investment, Okechukwu Enelamah, outlined a new tomato policy, conceived in collaboration with the federal ministry of agriculture, which he said will create 60,000 jobs in the country. The new policy is expected to increase domestic production and processing of fresh tomatoes in order to reduce post-harvest losses. This policy will “stop the importation of tomatoes, preserved or otherwise by vinegar or acetic acid; increase the tariff on tomato concentrate to 50% with an additional levy of $1,500/MT…, accelerate the growth of the manufacturing industry and deepen diversification,” he said

With over 1.2m sq km of land, South Africa comprises Mediterranean, subtropical and semi-desert regions, producing everything from deciduous, citrus and subtropical fruit to grain, wool, cut flowers, livestock and game. Its farm holdings range in size from the vast fields of the Eastern Cape to subsistence-based production in deep, rural parts. When things become quiet around the Irish countryside, South Africa's counter-seasonality offers agritech and farm-machinery producers an additional southern hemisphere market to provide a counterbalance to the end of a busy period back at home.

There is considerable scope for joint ventures between the two countries for the production of gold and fabrication and marketing of jewellery in Mali," the embassy said in an email interaction with IANS. The West African country currently produces 60 tonnes of gold per year. Mali offers good opportunities and prospects for Indian entrepreneurs and investors in the gold mining and food processing space, among others, the Indian Embassy in capital Bamako has said. “Mali is Africa’s third-leading gold producer (after South Africa and Ghana) and has an estimated reserve of 600-800 tonnes. There is considerable scope for joint ventures between the two countries for the production of gold and fabrication and marketing of jewellery in Mali,” the embassy said in an email interaction with IANS. The West African country currently produces 60 tonnes of gold per year.