An American non-profit organisation has launched a $40 million joint venture with one of Zambia’s top farm suppliers to boost crop yields and food security as farmers struggle to access finance amid the COVID-19 pandemic, the local company said on Sunday. The chairman of African Green Resources (AGR), Zuneid Yousuf, said the private sector deal with U.S-based African Fertiliser and Agribusiness Partnership (AFAP) included a scheme supporting 250,000 mainly subsistence farmers to double their maize yields and help feed around 10 million people in Zambia and the southern African region. Credit packages for seed, fertiliser and training will be provided to the farmers, while plans are also being made to use soya beans and maize to produce animal stock feed, among other products, Yousuf said. The southern African nation is rebuilding an agriculture sector hit hard by a recent drought, with small-scale subsistence farmers who produce over 90% of Zambia’s maize, losing access to markets and seeing a dip in productivity as they battle the impact of the COVID-19 outbreak.
SOURCE: REUTERS AFRICA
Tinubu Hits the Ground Running
Russian Minister Makes a Quick Stop in Nairobi
Four Men Absolved of Drug Trafficking in Liberia Disappear
Governments in Sub-Saharan Africa Struggle to Regulate the Mass Expansion of Online Gambling
Why Returns from European Countries are Hugely Unpopular in Most African Countries
A $3 billion IMF Bailout Will Not Instantly Solve Ghana’s Economic Problems
Can Kenya Successfully Establish Efficient and Affordable Smartphone Manufacturing?
How to Be a Female Politician in Africa
Egyptian Firm Unveils IoT-enabled Smartwatch
Women at the Forefront of Africa’s Peace Efforts
With ‘Banel & Adama,’ Ramata-Toulaye Sy Takes Her Place Among Cannes’ Top Names
The Lion Sleeps Tonight: One Song’s Journey from 1930s South Africa to Disney Money-Spinner