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World food prices jump in November 2019

December 12th, 2019 / African Farming, UK

World food prices rose significantly in November, reaching their highest point in more than two years, driven by jumps in the international prices of meat products and vegetable oils.

The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 177.2 points over the …

Nigeria refocuses on farming as oil money shrinks

December 16th, 2016 / African Farming, UK

Nigeria is turning to farming as dwindling oil income has driven the economy to the brink of its first full-year contraction in more than two decades.
The government plans to capitalise the state-owned Bank of Agriculture Ltd. with US$3.2bn so it can lend to farming projects at less than half the …