Market News

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 …

Agriculture places a critical role in the sustenance of lives and livelihoods on the continent. A 2019 McKinsey report emphasised the role of agriculture in Africa, which has a massive social and economic footprint. “More than 60% of the population of sub-Saharan Africa is smallholder farmers, and about 23% of sub-Saharan Africa’s GDP comes from agriculture. Yet, Africa’s full agricultural potential remains untapped,” the report shows. According to the World …

Dangote Fertilizer Limited has begun countdown to the inauguration of its $2 billion Granulated Urea Fertilizer complex, with several critical sections of the plant going through various stages of pre-commissioning and test-run.

With a capacity of three million tonnes per annum, the plant complex located in the Dangote Free Zone, has been classified as the biggest project in the entire fertilizer industry history in the world.

Saipem of Italy is …

The Feed the future Enhancing Growth through Regional Agricultural Input Systems (EnGRAIS) and the West Africa Fertilizer Association (WAFA), have revealed their commitment to boost the capacity of women in the agro-input industry.

This, according to the sub-regional coordinator, EnGRAIS, Kido Kouassi, is to help WAFA along their journey into building a stronger association with gender in perspective.

Speaking recently at the Africa Agri Expo Exhibition in Lagos, he said, …

As the 2020 planting season commences, investigations have revealed the country does not have enough fertilizer, a development posing serious challenge to farmers across the country.

This, according to reliable sources, is due to inability of fertilizer companies to import the product.

The Guardian learned the scarcity was largely due to the Federal Government’s refusal to grant waivers to importers of about 1.5million metric tonnes of fertilizer to bridge the …