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Showing posts with label Agribusiness. Show all posts
Showing posts with label Agribusiness. Show all posts

Tuesday, May 31, 2016

Agrotech on edge of second green revolution - Weilbach

Agribusiness industry leader at PwC Africa, FransWeilbach, has said that agriculture is currently standing on the edge of a second green revolution with the aid of technology, NaijaAgroNet reports.

Speaking on desperate need for food security, Weilbach said that as the global population is growing rapidly, innovative technology and advancements in productivity are becoming increasingly important as pressure mounts on food systems.

“It is predicted that technological innovation will act as a catalyst in lifting agribusiness to the next level in Africa. The winners will be those agribusinesses that seize the opportunity to create new opportunities through technology – they will be able to reach their strategic goals faster and more efficiently,” he said.

Also commenting, the PwC Director in Kenya, Edward Kerich, said “Kenya relies heavily on the agricultural sector as the mainstay of its economy, with agriculture contributing 29 per cent of GDP. Kenya is SSA’s leading tea exporter and one of the world’s largest black tea producers. A significant development in the agricultural sector is growth in the number of privately owned tea factories outside of those owned by the KTDA and the large multinationals in the country, and the benefits realized is expected to increase as some factories move to cheaper renewable energy such as hydropower production.”

PwC Partner in Nigeria, Rasheed Rahji said “Agriculture contributed 24.18% to real GDP in Nigeria in Q4 2015 and this is mainly due to mechanised farming and to other activities in the agribusiness value chain.”

NaijaAgroNet gathered that human resources (HR) models and processes are beginning to evolve, with more emphasis being placed on technology to improve networks and data.

Though industry analysts observed that majority of agribusinesses view climate change as having significant impact on SSA agriculture in the future – 41.2 per cent indicated that there will be a significant impact in the short term, while 35.3 per cent said there will be an impact over the next 20 years.

Meanwhile, NaijaAgroNet reports that agribusiness leaders are considering investing in renewable energy, the main forms of energy being considered are solar energy and biogas.

Okoli Vincent/GEE


... Linking agrobiz, sustainable environs, people & technology

Wednesday, October 28, 2015

Smallholder farmers need agribusiness skills to succeed–Nnaemego

The Chief Executive Officer (CEO)/Founder, Fresh Young Brain Development Initiative, Barr.Nkiruka Nnaemego, has said rural women and smallholder farmers need agribusiness skills and transformative leadership to succeed in the sector, NaijaAgroNet reports.

Nnaemego who was speaking at the Rural Women Farmers Forum (RWFF) General Assembly held in Addis Ababa, Ethiopia, said leadership is a process of directing and influencing another individual or group of individuals to accomplish a goal;an art and ability of inspiring, guiding, and directing people so that they ardently desire to do what the leader wishes.
NaijaAgroNet also reports that the training was organised to help women and smallholder farmers have access to additional skills and knowledge to enable them to move from a 'farm' to a'firm (business)’.
Nnaemego enumerated ways to build good customer relation in agribusiness to include keeping customers details (names, phone numbers and other relevant information), which would help for easy contact of clients especially when “you’ve not seen them for a while.”

Listening, she said, is just as important as telling, stressing the importance of talking with your clients often that apart from business purpose, the farmer should build informal relationship by calling them often to show them “you care.”

NaijaAgroNet also reports that Nnaemego encouraged farmers to set and manage realistic expectations,adding that as much as customers want their problems to be fixed, farmers should try as much as possible not to disappoint them.

“It is better to always be truthful and realistic than disappointing them,” she cautioned, pointing out that reward is a very simple form of saying 'thank you.' This could be verbally or in action through discounts or free products.

On customer segmentation, she said, the farmer could group customers according to their common needs, common behaviours or other  afford them to answer the question:Are they willing to pay for your product or service?Who are they?  Are they old, young, and from where, rural or urban?

Customer relationship, she told the women farmers, is a way an agropreneur communicates and deals with existing and future customers in other to retain and gain more client, solidify relation with existing ones and loyalty which increases profitability.

Cyriacus Nnaji/GEE
 ... Linking agrobiz, sustainable environs, people & technology

Saturday, October 3, 2015

Lawmaker advocates agri-business for revenue, agricultural exports

Hon. Oladipupo Adebutu, representing Remo Federal Constituency, Ogun State, in the House of Representatives, has advocated urgent adoption of wholesale, agri-business as a strategy to earn revenue from processed agricultural exports, NaijaAgroNet reports.
Adebutu said, “Nigeria must now as a matter of urgency, adopt wholesale agri-business as a strategy to earn revenue from processed agricultural exports. Agriculture could serve us in several beneficial ways: Apart from becoming the ‘new oil’ and swelling the nation’s coffers, it would generate employment. The non-oil sector of the economy has the potential to serve as a springboard for industrialisation.”  

He added also that the Land Use Act must be amended to cater for small land owners and farmers who because of lack of documentation are unable to access bank and government intervention facilities to raise capital and inputs for their farming. Many economic lands, NaijaAgroNet learnt, are not properly utilised because of the documentary restriction imposed by the Land Use Act. He stated that a holistic reform of the land tenure system will unleash the great potential of the agri-business and reduce the massive unemployment plaguing the nation with its attendant security implications.

Speaking to the media, Hon. Adebutu stated that against the background of the recent Job Creation Report for the second quarter of 2015 released by the National Bureau of Statistics (NBS) which said job creation in Nigeria has slumped by 70 per cent, he called for a strategic framework to be designed for the agriculture sector which will help transform it into a true platform for urgently creating jobs, directly and indirectly for Nigeria's youths, NaijaAgroNet also reports.

“Nigeria is blessed with swathes of arable land and human resources to pursue sustained local food production as a way of engaging the youth. We should utilise our youth demographics to boost agricultural production and reduce unemployment.

Cyriacus Nnaji/GEE. 

... Linking agrobiz, sustainable environs, people & technology

Friday, July 31, 2015

Farmers, buyers’ partnerships guide in the offing


A legal guide to ensure harmonious relationship between farmers and buyers for sustainable agribusiness is being worked out by the International Institute for the Unification of Private Law (UNIDROIT) in collaboration with the Food and Agriculture Organization (FAO) and the International Fund for Agricultural Development (IFAD), NaijaAgroNet reports.

The arrangement would take the form of an expanding practice in which farmers produce agricultural goods for specific buyers in set quantities at prearranged prices and at the same time getting a new tool to guide growers and buyers in establishing sound contracts and conflict resolution procedures.

Contract farming in principle can improve farmers' access to markets and boost their incomes while ensuring that agribusinesses have a stable supply of produce that meets their quality standards, NaijaAgroNet was informed in a press release by FAO.

But as with any contractual relationship, there are potential pitfalls, and farmers can sometimes find themselves on the losing side of the deal. For example, a company might not pay the agreed price for the produce delivered, asserting that its quality was substandard, while the contract does not include any dispute resolution mechanism.

Changes in the world's agrifood systems and consumer preferences, NaijaAgroNet, have been a key driver of this trend. As food demand has risen both in developed and developing countries, processors and marketers need a steady and high volume stream of supplies, which they are not always able to meet buying on open commodities markets.

In contract farming arrangements help buyers gain a stronger hand in production, quality control and pricing, while farmers benefit from guaranteed income and market access. They may also acquire new productive assets – under some contract types, buyers commit to supporting growers by providing farm inputs, equipment, and technical advice.

Cyriacus Nnaji/GEE

 ... Linking agrobiz, sustainable environs, people & technology

Thursday, May 28, 2015

Agribusiness solutions make ‘farming cool’ for Kenyans

A British multinational, Balton CP, is offering advanced agricultural solutions, which seek to change the youth mindset towards agribusiness, while empowering them with the technology: knoMaking farming 'cool' for Kenyan youthledge, skills, support and financing, to engage in modern agribusiness, reports NaijaAgroNet.
The agribusiness inclined company has been around as a major driving force in the agricultural sectors of many countries throughout Africa for over 25 years. They can be credited with being the first to introduce drip irrigation technology in several African countries in the late 1970s, greatly boosting the sector.
The group's 'Farming is Cool' campaign was launched in Kenya in 2011 by its subsidiary Amiran Kenya and following several years of activity, became its pan-African 'Farming is Cool Africa' Initiative. Over the last few years, NaijaAgroNet gathered, the campaign has allowed Amiran Kenya and its partners including the government, donors, NGO communities and private sector to place the Amiran Farmers Kit in over 1,000 primary and secondary schools throughout Kenya and in more than 300 youth polytechnics in the country.

NaijaAgroNet also learnt that AFK is an award winning, modern agribusiness unit anchored on a holistic approach that offers the farmer the tools, training and support required to engage in successful, sustainable agribusiness.
This unit has allowed over three million Kenyan children and youth to be exposed and willingly take up modern agribusiness using the most advanced, cutting edge technologies and methods available in the market tody.
In Kenya  and indeed  most  African communities, NaijaAgroNet  learnt, youth view agriculture as an unbefitting occupation often practised by older people in retirement or by those in 'shags' (rural areas) who have to farm to survive. More so, many schools often use agriculture as a form of punishment for deviant behavior.
Cyriacus Nnaji/GEE
... Linking agrobiz, sustainable environs, people & technology

Tuesday, September 25, 2012

NDE to partner youths to increase youths' interest in agric

The National Directorate of Employment (NDE) in partnership with the Society of Youths in Agriculture (SYA) is set to reawaken youths' interest and agriculture and allied business.
NDE Director General, Malam Abubakar Mohammed said the directorate is ready to collaborate with SYA through the empowerment of youths by providing skills and tools to start agricultural business.
Commenting on the gesture of the directorate, SYA President, Bakere Oladimeji affirmed that the objective of the society is to pave way for an avenue for change in the social order while contributing significantly towards building the nation.
Oladimeji said there is a serious disconnection between youths in Nigeria and agriculture business.
NaijaAgroNet gathered that NDE DG adopted SYA as a development partner that the two bodies would collaborate in rural and integrated farming.
Malam Mohammed advised members of SYA to boost their advocacy and sensitization, and also partner their immediate communities.

... Linking agrobiz, people & technology

Thursday, July 5, 2012

Capacity trends in Nigeria’s agro value chain

Ordinarily, a value chain depicts a chain of activities for a firm operating in a particular industry, like agriculture.
Typically, the agriculture activities very often start with the search for seedlings, followed by the fertilizer acquisition after the clearing of farm lands, only then can the seedlings be planted.
Nowadays, there are various sets of people who specialize in various farming including clearing of lands and in the eastern Nigeria, those are known as the ‘Abakalikis.’ They are also useful during the harvest seasons, according to Madam Okwy, rice farmer at Awba-Ofemili in Anambra State.
She says, another value chain of note are those who put the seedlings on the grounds or cleared farm land for such purposes and those usually coming from neighbour towns, where either wages for farm workers are very low or lack the relevant arable lands. These set of workers go to their home towns as soon as the planting season is over, but once its harvest time, they return.
The food industry has been severally described as a complex, and a collection of diverse businesses that congregate to supply much of the food energy consumed by the world population.
Therefore, it is pertinent to state that though subsistence farmers; those known to grow for self or mere family survival could be considered outside of the scope of the modern food industry, because their original plan was not to engage in large scale farming for commercial purposes.
So, food industry  could be rightly said to involve several stages including regulation at different levels; be it local, regional, national and international rules and regulations for food production and sales, consist of food quality and food safety, and industry lobbying activities.
And to unlock the potential of agriculture to create jobs, the Minister of Agriculture and Natural Resources, Dr. Akinwunmi Adesina, disclosed that there is need to engage the energy, dynamism and entrepreneurship of the youth.
Adesina said that the President Goodluck Ebele Jonathan’s administration no longer treats agriculture as a development programme, declaring that the goal of the government is to treat agriculture as a business and to make the nation an agriculturally industrialized economy.
To this end, he said that under the Agricultural Transformation Agenda, this administration intends to add some 20 million tonnes of food to the domestic food supply with the creation of 3.5 million jobs in all the agriculture value chains before the end of year 2015.
Subsistence farming, he noted, is not viable to feed a nation, hence the importance of expanding the level of use of tractors in the country to boost the agriculture investment by small, medium and large scale farmers.
According to him, agriculture sector is the fastest in terms of employment generation, thus has the capacity to change the trend of economic growth in the country.
Adesina in his remarks at the Ekiti State’s Youth in Commercial Agribusiness Development Programme recently, noting that Governor Kayode Fayemi’s decision to involve the state’s youth in agriculture deserves commendation.
To raise the level of use of improved seeds, Adesina said his Ministry financed the entire seed supply for the country which amounts to N2.7 billion for the 2012 season, adding that the finance, is not from the government but the use of guarantees for banks to lend to seed companies.
Also, he affirmed that the Federal Government was able to secure financing for the supply of fertilizers for 2012, at the level of N27 billion from commercial banks using guarantees from the Ministry of Finance.
In a related development an agreement to establish and implement an agricultural development project was signed by Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Voluntary Services Overseas (VSO).
Alhaji Muhammad Nadada Umar, SMEDAN Director-General said the agreement, tagged SMEDAN-VSO Agro-Enterprise Project, is to engage women and youths between the ages of 18 and 35 years in agrobiz.
NaijaAgroNet learnt at the signing session that the agreement combines expertise of both bodies would add tremendous value to the development of Micro, Small and Medium Enterprises and the nation’s economy.
The pilot programme, Umar revealed would be established in four states; Nasarawa, Ondo, Kaduna and Cross Rivers States. Pointing out, “Our organizations both share the same values in respect of assisting disadvantaged people. SMEDAN, as a gender-sensitive organization, with our high level of professionalism, has a lot to offer to this nation.”
It was not surprising therefore that a multi-million Naira assembly plant was being targeted, a North American company, AGCO which specializes in manufacturing of agricultural equipments, in anticipation of Nigeria’s dream to grow the sector with 300,000 within the next three years.
AGCO, DigitalSENSE News gathered, offers a full product line including tractors, combines, hay tools, sprayers, forage equipment, groundscare and implements through more than 8,500 independent dealers and distributors around the world.
DigitalSENSE News investigations also revealed that AGCO is likely to provide this number of tractors through its worldwide retail financing scheme known as Agricredit joint venture.
Experts at Investopedia says joint venture is the cooperation of two or more individuals or businesses in which each agrees to share profit, loss and control in a specific enterprise. Describing it as a good way for companies to partner without having to merge and are typically taxed as a partnership.
Affirming this development, Dr. Adesina, emphasised that AGCO is the largest manufacturer of Marcy Ferguson tractors globally and that Federal Government has advanced strategies for the establishment of assembly plants in the country following a discussion with the manufacturer in April.
“Nigeria needs at least 300,000 tractors, to enable our youth to get into agriculture as a business,” he declared, pointing out that already the Nigerian government has concluded farmers’ census, while introducing an agric-wallet and employment of 36 agriculture directors, who have been deployed nationwide at the state capitals.
As we look forward to a better youth empowerment with all these laudable government programmes, it is high-time to walk the talk, while the Universities of Agriculture across the country should take up adequate research initiatives on agricultural related products for better production at the end of every farming season.

... Linking agrobiz, people & technology