The Hub works to substantially increase intra-regional and global trade of agricultural commodities directly contributing to economic growth and consequently to the attainment of Feed the Future outcomes. As part of the latter, the Hub’s activities under the Agriculture and Agribusiness component will contribute to increasing the access, availability and utilization of African-grown staple foods in regionally integrated markets.
The Hub works across all East African Community (EAC) countries with the overall goal of doubling intra-regional trade in staple foods by the end of the project. To date, the Hub has supported an increase of 36 percent in value ($176 million) and 25 percent in volume (491 million kg.) of staple foods traded within the EAC and facilitated transactions worth more than $20.3 million.
At the policy level, the Hub has supported the EAC Partner States to expedite the ratification of the EAC sanitary and phytosanitary (SPS) Protocol, which Kenya ratified in June 2016. The Hub also supported the EAC Partner States to draft the revision of East African Standards of Staple Foods and the SPS bill, both expected to be enacted in 2017.The latter included developing the capacity of specialists from the national seed authorities to apply COMESA regulations and thereby ease seed trade, as well as work with informal cross-border traders to identify interventions to address key constraints to small-scale grain trade.
In the area of technology and innovation, the Hub contributed to the introduction of six productivity-enhancing technologies in the agribusiness and dairy industries in Kenya and Ethiopia to enhance competiveness in selected value chains.
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Published on January 23, 2018
Rwanda is anticipating the visit of Zimbabwean representatives who are interested in venturing into potential business opportunities in finance, energy, manufacturing and agriculture sectors.
Business-to-business meeting have been arranged by PSF, between the local entrepreneurs and the visiting delegates. Kamanzi is optimistic the two states will sign a Memorandum of Understanding (MoU), which will set the gear for other partnerships between the business bodies. Read more. Source | The Exchange
Published on January 23, 2018
Mahoro smiles contentedly as she counts a bundle of brand new banknotes at a local cooperative in Gisagara District. The maize grower has just been paid for the 200kg of the grain she supplied the previous week. Unlike many other farmers in the country who complain about low prices, Mahoro gets premium rate for her produce thanks to its high quality.
The farmer, who works under Koperative Jyambere Muhinzi Gisagara (KOJYAMUGI), a cooperative of maize growers in the district, ensures the maize is properly handled and stored after harvest. Read more. Source | New Times
Published on January 22, 2018
The African Development Bank (AfDB) has made a compelling case for industrialisation in order to create jobs, reduce poverty and promote inclusive economic growth.
Data from the Bank’s 2018 African Economic Outlook launched last week, shows that infrastructure projects were among the most profitable investments any society can make as they significantly contribute to, propel, and sustain a country’s economic growth. Read more. Source | Business Daily
Published on January 17, 2018
The 7th Horti Flora Expo is to kick off in Addis from 14th to16th of March 2018 at the millennium hall as a biennial trade fair. Briefing journalists, Ethiopian Horticulture Producers Exporters Association (EHPEA) Executive Director Tewoderos Zewdie said that Ethiopia's horticulture and flori-culture industry has developed over the last 15 years.
The country has endeavored towards a full grown player and put itself on the world map as one of the leading exporters of cut flowers, he said. Read more. Source | Ethiopian Herald
Published on January 17, 2018
Uganda is mainly an agricultural country, whose biggest population (80 per cent) live in rural areas and depend on subsistence agriculture.
Consequently, many economic and policy experts have urged government to increase its annual budget allocation to for meaningful social economic transformation to take place from the current 7 per cent to 15 per cent of Gross Domestic Product as recommended by the Maputo Declaration of 2003. Read more. Source | Daily Monitor
Published on January 08, 2018
The Ministry of Agriculture and Animal Resources has unveiled a new initiative aimed at addressing the challenges faced by farmers. Under the initiative, the ministry will partner with universities in research to help find solutions to the sector’s problems, Fulgence Nsengiyumva, the State Minister in charge of agriculture, has said.
According to the minister, universities and other higher learning institutions should be at the forefront of efforts geared at addressing problems in the sector. Read more. Source | New Times
Published on December 20, 2017
The rapidly transforming agrifood systems have the potential to drive the expansion of youth employment and broadbased economic development in East Africa.
Agriculture is widely perceived by youth as an unappealing, traditional, labour intensive farm activity not as a potentially high-profit business activity. However, according to African Economic Outlook, agriculture sector currently involves a spectrum of new opportunities on and off the farm connected to marketing, processing, packaging and food service, in addition to on-farm production. Read more. Source | Daily News
Published on December 14, 2017
The Eastern Africa Grain Council (EAGC) issued a Communique on the Regional Grain Trade Facilitation Forum held in Kigali, Rwanda in November 2017. The forum brought together over 90 sellers and buyers of rice and other grain commodities from the Eastern and Southern Africa nations.
The objective of the Grain Trade Forum was to create a forum for networking among the grain stakeholders in the EAC region, with a focus on strengthening regional trade by creating market opportunities that offer enhanced opportunities for trade and investment and by engaging policy makers and private sector actors for reducing barriers to grain trade, thus simulating increased productivity and trade in the grain sector.