Yemi Osinbajo, acting president of Nigeria has inaugurated the new US$1.5bn fertiliser plant in Port Harcourt, which was built by Indorama Eleme Fertilizer and Chemicals Limited (IEFCL) in Nigeria
Agriculture
Helios acquires 100 per cent stake in Fertilizers and Inputs Holdings
Africa’s private investment firm Helios Investment Partners has announced the acquisition of Fertilizers and Inputs Holding BV, aiming to improve agricultural yield in the country to contribute to Africa’s economic development
Microinsurance to help Ethiopian farmers protect against drought
Farm Africa is piloting the use of microinsurance to help pastoralists in the Ethiopian lowlands protect their livestock
IFC, WFP collaborate to finance smallholder farmers in Rwanda and Tanzania
The International Finance Corporation (IFC) and the Global Agriculture and Food Security Program (GAFSP) are collaborating with the United Nations World Food Programme (WFP) to launch smallholder farmer financing programs aimed at improving food security among vulnerable people in Rwanda and Tanzania
Poor rainfall aggravates hunger situation in east Africa: FAO
In an alert released on 14 July 2017, FAO stated that poor rainfall across the east African countries worsened hunger and left crops scorched, pastures dry and thousands of livestock dead