Stanbic Bank Tanzania and Agricom Africa have partnered through a Memorandum of Understanding to modernize Tanzania's agricultural sector, providing asset financing and access to agri-technology.
Floods in China's northeastern region, responsible for a significant portion of the country's grain, soybeans, and rice production, have raised concerns about global food security.
Insecurity due to frequent herdsmen attacks has led farmers to abandon agricultural lands in Benue State, Nigeria, resulting in a significant reduction in irrigation farming.
Governor Caleb Mutfwang of Plateau State, Nigeria, has ordered the immediate cultivation of 900 hectares of farmland in 3 Local Government Areas to address the food crisis.
The World Bank's biannual Food Security Update report for July 2023 highlights high food inflation worldwide, affecting low- and middle-income countries.
