Africa is ready to take its place on the world stage, as the poultry industry is evolving, from a national and regional basis to a more global platform, according to RaboResearch’s latest report ‘Time for Africa: Capturing the African Poultry Investment Opportunity’.The year-on-year growth in the global poultry markets is set to continue: a demand growth of more than 60% is expected over the next 20 years. This leads to significant global investment streams in an industry that is evolving, from a national and regional basis to a more global platform. Most recent investments have focused on Europe, the Americas and Asia, driven by bullish market circumstances. Africa has attracted relatively limited investor interest. But this is changing.
The Government has pumped more than $18 million into the establishment of an in vitro propagation of Irish potato seeds programme in a bid to reduce the country’s dependence on imported seeds. The Government is also hoping that the programme will increase the yields of Irish potato farmers across the island. The project, which is a component of the Ministry of Industry, Commerce, Agriculture and Fisheries’ National Irish Potato Development Programme, will be implemented with the assistance of the Jamaica Social Investment Fund (JSIF), the Scientific Research Council (SRC), and the Northern Caribbean University (NCU)
The sugar produced in Mozambique will continue to enter the market of the European Union (EU) free of tariffs and quotas, according to assurances given last week by the organisation, Mozambican daily newspaper Notícias reported. Mozambican sugar is exported to the EU under the “Everything but Arms” (EBA) trade agreement in place since 2011 and which allows products from less developed countries, such as Mozambique, access to the European market free of customs duties and quotas. Apart from sugar, under the EBA scheme, Mozambique exports other products to the EU market with the same benefits.
Vanuatu hosted its first ever Agritourism Festival from 9-11th November at the Agriculture Complex- Tagabe, in the capital city of Port Vila. Agriculture and food production are critical to Vanuatu’s prosperity and welfare: for food security and job creation. Given that animal, vegetable and other food products equate to over 82% of the island’s economy, Vanuatu boasts rich agricultural resources. Yet, the country is still heavily reliant on imports, which in 2011 amounted to over 280 million USD (more than four times the amount of exports). Vanuatu, like many other Pacific Island nations, relies on cheap, calorific and low nutritional food imports from the USA and Australasia.
The sugar industry is widely recognised as making a significant socio-economic contribution to many African, Caribbean and Pacific (ACP) Group of States, particularly in generating export earnings and creating employment in rural areas. Nevertheless, it is important to note that many ACP countries have been diversifying to reduce their reliance on the sugar industry. This means that, in some countries, sugar is not as important as it was in the past. The ACP sugar group is diverse. It includes some of the world’s lowest cost sugar producers where production has been growing over time (Malawi, Swaziland, Zambia).
The African Caribbean and Pacific (ACP) Sugar Group says it welcomes the new study on the sugar industry undertaken by the European Union. The “Study on Current and Forecast Market Developments for ACP Sugar Suppliers to the EU Market” sets out a comprehensive assessment of the risks for ACP/EBA sugar producers as a result of changes to the EU sugar regime and it contains a series of helpful tips. The study was undertaken by United Kingdom-based Cardno/LMC International and funded by the European Union. Chairman of the ACP Sugar Group, Samuel Chandler, who is also the Barbados Ambassador to the EU, said the ACP will actively pursue the implementation of the recommendations.
A new bilateral trade agreement should mean Scottish seed potatoes will soon be found growing on Kenyan farms. Rural Economy Secretary Fergus Ewing, who announced the trade deal at AgriScot, said the potential market demand for Scottish seed tatties in Kenya was significant. “Kenya grows around 160,000 hectares (395,360 acres) of potatoes annually but only 2% of this is grown from certified seed potatoes,” said Mr Ewing. “This agreement with the Kenyan Government will enable farmers to access high-quality Scottish seed potatoes that are free from disease, potentially improving Kenya’s potato crop health and yield.”
The Nigerian Export Promotion Council (NEPC) has complained about the European Union's ban on the exportation of Nigerian beans. NEPC said the ban, announced early this year, has been extended to 2020, adding that the discovery of high residues of preservative chemicals led to the ban. Concerning the ban Director, Export Office, NEPC, Matthew Iranloye said “It has been extended for three years. It was supposed to be lifted in 2017 but they looked at what is still in the ground and said it does not seem that Nigeria is getting it right. We have to redouble our efforts. The next three years, it is still banned but it can still be lifted before the end of that time being 2020.''
A new laboratory equipment donated to the Rwanda Standards Board (RSB) by the United States Agency for International Development (USAID) now positions Rwanda as a regional hub for testing samples from countries in the region, an official said yesterday. During the official hand-over ceremony, yesterday, Raymond Murenzi, acting director-general of RSB, told guests that the event epitomises the importance of USAID’s contribution to Rwanda’s efforts to enhance the trade environment.
The so-called Spanish-French-Italian Citrus Contact Group, which has met in Valencia, agreed to ask the European Commission (EC) for the future implementation of some kind of compensatory measures to alleviate, even in part, the negative impact that the recent agreement between the European Union (EU) and the Southern African Development Community will have.