Market News

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The African Development Bank (AfDB) has stated that its Africa Fertilizer Financing Mechanism (AFFM) strategic plan 2022-2028 is committed to mobilising funds to support the availability and appropriate use of fertilizer on the continent.

The move is apt especially at a time when Small Holder Farmers (SHFs) are grappling with high cost of farm inputs as a result of the unending Russia-Ukraine conflict.

The AFFM strategic plan 2022-2028 prioritises broadening …

The African Fertiliser and Agribusiness Partnership (AFAP) and West Africa Fertiliser Association (WAFA) have signed a Memorandum of Understanding (MoU) to promote the fertiliser and agribusiness sector in West Africa. The MoU was signed on the margins of the AFAP Regional West Africa PPD in Accra, Ghana, on April 18, 2023.

The MoU seeks to improve the availability, accessibility and affordability of fertiliser and soil-enhancing products among farmers in West …

A two-day fertilizer technical working group workshop to present, analyse and validate country-level fertilizer statistics, is going on at Sogakope in the Volta Region.

The workshop, dubbed “2022 fertilizer statistics validation work­shop,” is also to discuss imports, exports and apparent fertilizer consumption to help policy makers make informed decisions concern­ing fertilizers.

Read the full article on the Ghanaian Times

The combined impact of Covid-19 and war in Ukraine has wreaked unprecedented disruption on global supply chains, and sharply increased the need for both short and long-term solutions to Africa’s food and fertilizer needs. African institutions have a responsibility to intervene in the agricultural input sector to ensure the security and viability of our continent’s vital food supply and agribusiness sector.

Moreover, the Bank’s discussions with large agro dealers in …