Chief Executive Officer of Sourcing and Produce – an agricultural trading company, Lanre Awojoodu, the firm is working to unlock the potential of the agricultural sector to contribute to sustainable and inclusive growth for Africa, recently in Lagos. Awojoodu, who says the firm has directly Continue Reading
Agro Exports
Egypt has toppled South Africa as the main exporter of oranges to the European Union from non-EU countries, according to a new report by Spain’s Ministry of Agriculture, Fisheries, and Food (MAPA) on citrus imports to the EU. According to the report, between September 2020 and July 2021, Egypt exported almost 310 000 tonnes of oranges to […]Continue Reading
In its quest to boost Nigerian agric export, the Nigerian Export Promotion Council (NEPC) Calabar Smart Office has organized a one-day workshop to train farmers on organic farming and certification for export. The workshop themed ‘Boosting Global Demand for Nigerian Agro products through Organic Certification’ is geared towards ensuring food safety, and encouraging the Continue Reading
The global coconut products market is expected to hit $31.1 billion by 2026, according to ReportLinker, a market research firm. Reportlinker says increase in demand for coconut products such as coconut milk, coconut water, and desiccated coconut in the food and beverage industry is among the factors that will drive the market globally. In 2019, […]Continue Reading
Nigeria’s export of edible vegetables remains vastly unexploited, according to the International Trade Centre (ITC). The ITC reported that edible vegetables, tuber and roots exports from Nigeria constituted only three per cent of world’s imports. India remains the largest importer of Nigeria’s edible vegetables. It imported 47 .91 per cent of edible vegetables, tuber and Continue Reading
According to the USDA forecast, exports during this fiscal year would be $11.7 billion, or nearly 8%, larger than the record set in 2014 at the crest of a multiyear commodity boom. Thanks to high demand for American-grown corn, soybeans, and meat, U.S. farm exports will soar to a record $164 billion this year, far […]Continue Reading
Following the passage and implementation of the Plant Variety Protection (PVP) Bill, Nigeria is projected to increase its export proceeds by $2 billion from seeds export, according to the Nigerian Economic Summit Group (NESG). The increase is expected over the next five years as the country makes efforts to establish a well-functioning and regulated PVP […]Continue Reading
The Italian Trade Agency (ITA), a governmental agency that supports business development, partnerships and collaborations between Italian companies and their local counterparts, has launched the first E-Lab Innova in Nigeria. The E-Lab Innova is an educational training program for the agri-food sector in Nigeria, which will be implemented in collaboration with the Nigerian Continue Reading
Importers bought 3.876 million tonnes of u.s. corn for delivery to china this marketing year. In a four-day shopping spree, importers bought 3.876 million tonnes of U.S. corn for delivery to China this marketing year, said the USDA. The corn was worth $850 million, based on futures prices in Chicago. High domestic prices have made imported […]Continue Reading
HOW COOPERATIVE SOCIETIES CAN BOOST NATION’S ECONOMY THROUGH AGRICULURAL COMMODITIES EXPORT —AWOLOWO
Nigerian Export Promotion Council (NEPC) has sensitised cooperative societies and other groups in Kwara state to embrace non-oil export promotion such as agriculture to boost the Nigerian economy. The executive director of NEPC, Olusegun Awolowo, in a keynote address at a stakeholders’ forum on “Developing the Nigeria Agricultural Value Chain for Export through Effective Continue Reading