AllAfrica News: Commodities

Tanzania: Tanzanite Hero Salutes Govt

Tue, 04 Aug 2020 14:51:22 GMT

[Daily News] COMETH the hour, cometh the man. And, the man of the moment is none other than Saniniu Laizer.

Kenya: Cutting the Hand That Feeds - the Plight of Smallholder Farmers in Kenya

Tue, 04 Aug 2020 11:21:11 GMT

[Greenpeace] In the pre-colonial days of the early 1900s, Africans predominantly farmed finger millet, sorghum, pearl millet, amaranth, jute mallow, spider plant, and lablab, among other indigenous crops. The farms were so rich in biodiversity that food production thrived. This subsistence nature of farming saw crops being transferred from farm to plate.

South Africa: Commodities' Covid-19 Conundrum - Miners Have Mixed Results, Oil Majors Sink

Mon, 03 Aug 2020 15:00:03 GMT

[Daily Maverick] A tale of two commodities asset classes has broadly emerged under the Covid-19 pandemic. Big-league miners such as Anglo American have had a hit in profits while weathering the storm. By contrast, oil majors have had to make massive asset write-offs as their earnings sink like stones.

Nigeria: Going for Gold

Mon, 03 Aug 2020 09:12:00 GMT

[This Day] The presidential artisanal gold mining initiative could help Nigeria build a profitable gold market

Ethiopia: Exports Rebound Amidst Decline in Global Trends

Fri, 31 Jul 2020 07:15:19 GMT

[Addis Fortune] Due to COVID-19 reducing smuggling routes in tandem with a new National Bank of Ethiopia policy that purchases gold from miners above the global price, the nation is seeing the dawn of a new era of increased gold exports, reports MAYA MISIKIR, FORTUNE STAFF WRITER.

Botswana: Botswana Ash Feels Covid-19 Effects

Fri, 31 Jul 2020 06:59:55 GMT

[Botswana Daily News] Gaborone -- As the COVID-19 crisis deepens, Managing Director of Botswana Ash (Botash), Mr Kangangwani Phatshwane says the company's fundamentals are moving in a positive direction with a chance of regression.

Ethiopia: Teff Disruption Pushes Tigray State Switch to Sorghum

Wed, 29 Jul 2020 10:46:17 GMT

[Addis Fortune] Due to the supply disruption and price hike of teff, Tigray Regional State is considering increasing the production and consumption of sorghum in the Regional State.

Ethiopia: Five Companies Vie to Supply Retendered Wheat

Wed, 29 Jul 2020 09:15:38 GMT

[Addis Fortune] Five companies are vying to supply four million quintals of wheat that was retendered after the contract awarded to two companies two months ago was terminated due to price variations.

Tanzania: Kilombero Sugar Pack Enters Dodoma Market

Wed, 29 Jul 2020 09:01:29 GMT

[Daily News] WITH sugar prices continuing to stabilise after domestic manufacturers resumed production, Kilombero Sugar Company Limited has introduced new sugar packs to cater for the growing demand for the sweetener aimed at increasing accessibility and ultimately penetrate a wider market.

Nigeria: Gold Exploration Conference Holds in Kano August

Wed, 29 Jul 2020 08:18:22 GMT

[Daily Trust] Lagos -- Gold West Africa, a conference with the objective to develop a sustainable and empowered gold value chain in sub-Saharan Africa is set to hold its second edition in Kano next month.

Africa: Small Businesses in Africa Must Innovate to Survive Covid-19

Tue, 28 Jul 2020 15:12:20 GMT

[Africa Renewal] Dorothy Tembo is the acting Executive Director of the International Trade Centre, (ITC) a joint agency of the United Nations and the World Trade Organization. In June, the ITC launched a report titled "COVID-19: The Great Lockdown and its Impact on Small Business." In an interview with Kingsley Ighobor, Ms. Tembo discusses the report, the role of women and youth in post-pandemic recovery in Africa, among other topics. These are excerpts from the interview.

Africa: Africa's Coffee Farmers Losing Billions to Exploitation Annually - Report

Tue, 28 Jul 2020 12:56:43 GMT

[Premium Times] Millions of coffee farmers across Africa are facing economic devastation as coffee prices offered to them continue to be on a downward trajectory, often below production costs, a report by Selina Wamucii has revealed.

Nigeria: Lagos Plans E-Commerce Hub for Agro Commodities' Export

Tue, 28 Jul 2020 09:03:26 GMT

[Daily Trust] Lagos -- The Lagos State Government said it is planning to set up an e-commerce hub for agriculture producers to sell farm produce to create export opportunities.