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October 2017
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EDITO
Friday, 20 October 2017

The European Union (EU), and the National Association of Commerce, Industry, Mines and Agriculture (NACCIMA), have insisted that the imperative of economic integration in West African sub region cannot be over emphasised. The EU Ambassador to Nigeria, Michel Arrion, during a visit to NACCIMA, in Lagos recently, noted that Nigeria plays a vital in the promotion of economic integration in the sub region. According to him, by 2050, Nigeria will be the third largest country in the world after China and India, adding that the EU is ready to work with Nigeria and other Economic Community of West African States (ECOWAS) member countries to promote trade in the region. Noting that the country is also one of the biggest markets in the world, he said Nigeria in ECOWAS is like Germany in Europe - with huge population and the biggest economy.

Monday, 03 July 2017

Samoa's minister of agriculture, La'aulialemalietoa Leuatea Polata'ivao Schmidt, confirmed in Parliament that negotiations with the World Bank to fund the project should be finalised in the near future. The minister said construction of the abattoir at Nu'u should start before the end of the year, with $US1.2 million from the World Bank allocated for the project. The government said the new abattoir would improve meat hygiene for domestic consumption and ultimately satisfy international regulations. The minister said the facility would take over the processing of all meat before it can be sold commercially and any products not processed through the abattoir will be banned from the commercial market.

Friday, 30 June 2017

Belarus is preparing to build a tractor factory in Angola to modernize agriculture, a logistics center and a diverse machinery network for industry. This was said on Monday in the country by the Foreign Affairs Minister of Belarus, Wladimir Makei, at the end of a meeting with his Angolan counterpart, Georges Chikoti, who is paying a working visit to that European country, reads a note from the MIREX that reached Angop. According to Wladimir Makei, the visit of the Angolan official paves the way for the exchange of information on financial, technological, scientific, academic and cultural capacity.

If going by the forecast, Nigeria market is billed to become the third largest world economy after China by 2050, said the European Ambassador to ECOWAS, Mr. Michel Arrion. Speaking during his working visit to the Nigerian Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) National Secretariat, Oba Akinjobi, Ikeja GRA, Lagos, on Friday, Arrion who was accompanied on the visit by Mr. Filipo Amato, EU Head, Trade & Economic Section, said that Nigeria remained one of the biggest markets in the world with potentials market for exportation. According to the Ambassador, “Nigeria is paradoxical and it is one of the richest markets in the world. Because private sector contributes a bulk to income generation and distribution Nigeria will be the third largest world economy in 2050.

Kenya is likely to lose her European Union (EU) market share of French beans to Morocco and Guatemala due to high cost of production, exporters have warned. Favoured by efficient production factors, the two countries are said to have grown their market share almost edging out Kenya, a situation that might be disastrous to local farmers. Fresh Produce Exporters Association of Kenya (FPEAK) new CEO Hosea Machuki said Kenya is grappling with high production and freight cost coupled with overpricing despite producing high quality beans. Morocco, he said, though produces mainly bobby beans that are considered of lower value as compared to Kenyan products that are usually premium class has expanded her market share in EU owing to aggressive marketing and its proximity.

As a company focused on its customers, and one that is expanding in Africa, it was natural for Aller Aqua to support World Aquaculture 2017 the first time it takes place in Africa. Since Aller Aqua was established, focus has been on the customers and what the company could do to help them achieve maximum output from their fish farms. Implementing costumer focus as one of the company values has enabled Aller Aqua to achieve continued growth, first in Europe, then Asia and now Africa. World Aquaculture 2017 is sponsored by Aller Aqua, and puts a spotlight on Africa.

The Agriculture Sector in OECS Member States is on the brink of a new era in collaborative production for regional and international trade. A comprehensive grouping of regional agriculture stakeholders, which include Ministers, Manufacturers, Traders, representatives from the Bureau of Standards and the OECS Commission, are working together to ensure the success of the initiative. The virtual OECS Agri-Export Working group began in June of 2016 and, only one year later, has seen many achievements due to the influence and reach of the agricultural stakeholders involved, paired with the technological nature of the ongoing online meeting, which facilitates speedy action and decision making. Main achievements of the Agri-Export Initiative to date include:

Wednesday, 28 June 2017

China stands ready to further cooperate with Mali in its agricultural and industrial development, with a view to helping the West African nation establish an industrial system, visiting Chinese Foreign Minister Wang Yi said here Sunday. Meanwhile, China will also help Mali to nurture capacities in the three major areas of infrastructure construction, human resources, and peace and security. These efforts are aimed at allowing the country to strengthen its capability for independent development and realize economic independence after it had achieved political independence, Wang said during talks with his Malian counterpart Abdoulaye Diop.

Thursday, 22 June 2017

The Ministry of Food and Agriculture in Ghana is working with stakeholders to have the ban on vegetable exports to the European Union lifted in the next three months. That’s the assurance from the Minister for Food and Agriculture, Dr Afriyie Akoto. The ban was imposed on some vegetables exported to the EU as a result of the failure of exporters to meet international quality standards. The ban was placed by the food and veterinary Office of the European Commission for some vegetables mainly pepper, egg plant, and gourds. This was attributed to several interceptions due to the presence of harmful organisms in exported produce.

The African Development Bank has approved a US $100- million facility to finance Export Trading Group (ETG’s) soft commodity value chain operations in sub-Saharan Africa. This Soft Commodity Finance Facility (SCFF) is one of the core Trade Finance instruments in the Bank, innovatively structured to provide pre- and post-shipment finance along various stages of ETG’s commodity value chain operations in the 17 countries expected to benefit from the initiative. This intervention will help local farmers and soft commodity suppliers grow their revenues and produce quality crops for export.