Posted on :Monday , 24th February 2020
The AfDB president made a couple of quick highlights to deliberate. The food and agriculture in East Africa expected to rise by $1 trillion by 2030. Africa's population is now at 1.2 billion, which is likely to double by 2.5 billion by 2050.
The continent has 60% of global arable land but has unfortunately become one of the most prospective food importers targeted by j. . .
Posted on :Thursday , 16th January 2020
MIDROC Ethiopia is commenced to build a 4-billion birr worth edible-oil factory which is expected to produce 600,000 liters of cooking oil daily.
A cornerstone for the factory was laid in Addis Ababa's Summit area, adjacent to the Pepsi Cola factory.
The event was laid by Addis Ababa City Mayor Takele Uma, representative of Sheikh Mohammed Al-Amoudi, Chairman and Owner. . .
Posted on :Monday , 16th December 2019
The Government of Ethiopia in partnership with the EU, Denmark, and the Netherlands, has launched the Agricultural Commercialization Cluster (ACC) program.
The program to be implemented with close to EUR 100 million in funding from the European Union, Denmark, and Netherlands, will benefit five million Ethiopian smallholder farmers.
President Sahle-Work Zew. . .
Posted on :Tuesday , 19th November 2019
The Ethiopian Commodity Exchange (ECX) broadcasted the increase in food commodities trade, i.e. a total of 44,394 tonnes commodities worth 2.16 billion birrs in the month of October alone.
According to a statement it extended to Borkena, the exchange has transacted a total of 21,034 tons of coffee, 9,434 tons of sesame, 1,346 tons of white pea bean, 6,534 tons of soya bean an. . .
Posted on :Monday , 18th November 2019
Africa is currently the second most populous continent in the world, its current population is 1.2 billion. This growing population of Africa could reach 2 billion by 2030 and 2.5 billion by 2050 as per the United Nations projections. This shows that one in five consumers globally will be African.
Africaâ€™s agribusiness sector is expected to reach $1 trillio. . .