Browsing: Agribusiness

Brazil’s agriculture sector is massive and highly integrated. So central and so extensive is this country’s farming industry that it is virtually food secure.

If Brazil were a diversified corporation and its economic sectors division of that corporation, then its agriculture sector would be classified on its books as a profit centre. A profit centre is a business unit or department within an organization that generates revenues and profits or losses. Management closely monitors the results of profit centres since these entities are the key drivers of the total results of the parent entity.

  • The “B” in BRICS stands for Brazil. The south American country is part of the group of countries recognized to be the fastest growing economies in the world.
  • The other countries that make up the BRICS club are Russia, India, China, and South Africa.
  • The centrepiece of Brazil’s economy is its burgeoning agriculture sector. The BRICS
  • Kenya exported coffee worth 26.1 billion shillings (about 229 million U.S. dollars) in 2021
  • Kenya’s coffee farmers have over the years complained about the poor prices and mismanagement

Kenya’s coffee farmers have over the years complained about the poor prices and mismanagement that bedevil the commodity.

While coffee was for a long time known as the main forex earner for the country, other sectors like tourism and ICT have overtaken its earnings. So rich was coffee earnings in a newly independent Kenya in the 1960s that it was nicknamed ‘black gold’.

Last year, Kenya exported coffee worth 26.1 billion shillings (about 229 million U.S. dollars) in 2021, up from 195 million dollars in 2020. This was almost a hundred per cent improvement of the US$102 million (KShs10.2bn) at the end of the 2018/2019 crop year which was a 20 per cent drop from the previous year.

Read: Uganda leaves international

Kenya’s National Cereals and Produce Board has signed a Memorandum of Understanding (MOU) with Safaricom’s DigiFarm Kenya Ltd to help small-scale farmers in Kenya access post-harvest management services through the digital platform. 

The MoU comes at a time when a new survey has indicated that African farmers are missing out on agritech innovations that could supercharge the sector with opportunities for youth.

The board said it shall offer post-harvest management services to farmers present on the platform, while DigiFarm will connect NCPB to small-scale farmers, who will in turn, access NCPB services at prevailing rates.

DifiFarm bypasses middlemen, giving small-holder farmers direct access to low-cost seeds and fertiliser, credit providers, and bulk purchasers of their produce.

NCPB Managing Director J. Kimote said the MoU is aligned to the agriculture hub model that the board is required to establish under the Reforms.

“The hub shall provide a one-stop shop for farmers …

Despite agriculture being the backbone of the economy in COMESA, it accounts for only 32 per cent of the region’s GDP.

Sandra Uwera, Chief Executive Officer of the COMESA Business Council, says the sector provides a pivotal role as a driver of economic growth in the region.

She further highlighted the role of women as a vital link within the chain of agriculture, industry, and trade, noting that three-quarters of the employed women in COMESA work within the sector.

They also dominate sub-sectors such as flowers, fresh fruits, and vegetables.

Data by the bloc reveals that the sector provides livelihoods for about 80 per cent of the region’s workers, and accounts for about 65 per cent of foreign exchange earnings.

The continent, which COMESA Secretary General Chileshe Kapwepwe said last month has the potential to feed its self and export to the rest of the world, has remained a net …

Stakeholders of agriculture on the continent have urged governments to work with the private sector to build resillient food systems to bridge the widening gap in production.

Speaking during the Alliance for a Green Revoluton in Africa (AGRA)  organized Africa Green Revolution Forum (AGRF) Summit last week, speakers reiterated that food security cannot be achieved without a gvernment facilitated enabling environemnt for agribusiness to thrive. 

The summit was held ahead AGRF ,  slated for September in Nairobi, where   leaders, while celebrating the milestones the agriculture sector has made over the years, called on enhanced collaboration in transforming the continent’s food systems  amid rising concerns over global food shortages owing to increasing population, shrinking land and climate change.

“As we look at innovative ways of producing food to feed our people, assist our farmers and bolsters agribusinesses, we must explore ways of working together to actualize this commitment. The partnership between

NAIROBI, Kenya, Jun 14 – South Sudan will benefit from two new projects totaling $116 million that aim to strengthen the capacity of farmers, improve agricultural production, and restore livelihoods and food security.

This comes at a time when the East African nation is facing increasing levels of food insecurity despite increased production, with exceptionally high food prices constraining access to food for large segments of the population and desert locusts devouring crops.

Available data projects that 7.2 million people will face acute food insecurity in the coming months, which is the highest number since the country’s independence.

The first project is dubbed ‘South Sudan Resilient Agricultural Livelihoods Project (RALP)’, and will provide a grant of $62.5 million to support investments in training for farmers to help them efficiently manage their organizations, adopt new technology, and use climate-smart agriculture practices to boost their yields.

The funds will also be invested …

In the months surrounding the birth of our own republic, from 1961 to 1963, a crucial, international organisation was also being born, to assure food safety across the globe. 

As a partnership between the Food and Agriculture Organisation of the United Nations and the World Health Organisation, the Codex Alimentarius Commission produces the Codex Alimentarius, which is Latin for the ‘Book of Food’. It contains internationally recognised guidelines, standards, codes of practice and recommendations on food safety, with just two goals: to ensure the health of consumers and fair trade in food. 

Yet, today, both are under threat. 

Over the 60 years since the Codex was launched, the commission has been led by the world’s top scientists, drawing on every global study to set food safety standards that include assessing pesticides for their impact on human health. To do that, Codex sets Maximum

Gone are the times when a university degree in Kenya guaranteed one a cushy, well-paying job.

While some graduates could secure good employment across the country, many others are seeking alternative income-generating avenues away from urban centres due to poor job prospects.

Every year, over 30,000 students graduate from universities which adds to a pool of hundreds of thousands of job seekers in the East African nation that has a very high level of youth unemployment in the region.

Read: Uganda’s beacon of hope to curb unemployment revealed

Additionally, a 2020 survey by CPS International shows that 30 per cent of employers are unsatisfied with the talents newly-hired graduates cause board from university.

As a result, over the last several years, there has been a gradual change within the perception that young, educated Kenyans have had about what would are called less-glamorous jobs like in agriculture.

Technology has played a …

SMEs are the major contributor to investments in the agricultural sector in Africa. In most cases, most African enterprises are run as opportunistic arbitrage entities keen on profiting from demand/ supply disparities because of a lack of substantial capital. 

Investment into value addition business is limited in this sector due to challenges arising from lack of finance, poor access to markets, and lack of supporting policies. The continent’s main formal economic activity is agriculture, contributing 80% to the region’s employment. 

Snapshot of the industry

Crocodile farming is an agricultural niche that holds vast potential for profit-making and value addition for SMEs. The risk of failure in this market segment is relatively low because of farming support systems and a readily available high-demand market. 

The sector generates hundreds of millions in exports through the global demand for crocodile skins.

Other uses and income-generating avenues from this farming venture include

The high prevalence of aflatoxins in maize and other staple foods in the EAC is the main obstacle to domestic and regional food trade a recent report has stated. 

World Bank report ‘Boosting Africa's Food Supply: Rethinking Aflatoxin Management for Improved Food Trade in East Africa’  is looking to shed light on ways to foster growth in the food security area in the region saying that the high prevalence of aflatoxins in maize and other staple foods in East Africa has become an important obstacle to domestic and regional food trade. 

This is however not meant to water down all the valuab...

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