Presently, 3,740 hectares are used in Mauritania for vegetable production, against 2,500ha previously, thus nearly 50% more. This was disclosed by the general secretary of the Ministry of Agriculture, Ahmedou Bouh. 3 740 hectares. The official who was expressing himself during a workshop to validate the national strategy for the development of vegetable farms held jointly by the ministry of...

Caverton Offshore Support Group Plc has secured a five-year logistics support contract from Chevron Nigeria Limited, to provide aviation services in Nigeria. The contract, awarded to Caverton Helicopters, one of the company’s subsidiaries, comes with a 2-year renewable option. According to Olabode Makanjuola, Chief Executive Officer at Caverton, the contract was granted to the company after a...

The British Broadcasting Corporation (BBC) has on Monday launched the first African digital service which aims to provide news, current affairs and analysis of Nigeria, West and Central Africa, in Pidgin. With a production hub in Lagos, BBC Pidgin which targets the youth and women will offer online services in digital platforms. “For more than eighty years, the BBC World Service has brought...

The two institutions have committed US$ 58 million each for two 50 MW solar photovoltaic power plants. The EBRD and Proparco have together provided US 116 million of financing for the construction and operation of two 50 MW solar photovoltaic power plants. These are the first two projects to be financed under the second round of Egypt's ambitious feed-in tariff scheme and will be part of...

The Corporate Farmers International Limited (CFIL) and International Institute for Tropical Agriculture (IITA), in partnership with the Tony Elumelu Foundation, have unveiled plans to launch the first Agric reality show in Nigeria by September. This show which will feature 20 contestants, aims to showcase the agricultural potential of young Nigerians. According to Akin Alabi, a Co-Founder of...

Nigeria’s President Muhammadu Buhari (photo), has on Monday promised to intensify the fight against Boko Haram as well as those supporting secession. This he stated in his first speech after returning from three months of sick leave in London. “Nigeria’s national unity is not negotiable. Terrorists and criminals must be fought and destroyed relentlessly so that the majority of us can live...

In its latest report on the coffee market released in July, the International Coffee Organization (ICO) said global coffee output should reach 153.9 million bags, thus 1.5% more than previous estimates, setting a new record. The new volume comprises 97.3 million bags of Arabica and 56.6 million bags of Robusta. According to the ICO, the new forecast is due to the scaling up of coffee outputs in...

Next September 7th, shareholders of the Banque de l’Habitat (BH) of Tunisia will hold an extraordinary general meeting during which they will discuss the capital increase of the lender, raising it by 170 million dinars ($70.4 million) to 238 million dinars ($98.55 million). The capital raising will occur via an incorporation of reserves valued at 34 million dinars ($14.07 million) and a...

Launched in 2005 with a financial support from the World Bank, Madagascar’s land reform has yielded satisfying results, the Bretton Woods institution said on its website. “Many other countries could follow Madagascar’s example. Actually, various African nations are already showing interest in the Malagasy land reform as it tackles key challenges and provide technical and legal solutions...

Two private indigenous companies have been selected by the Nigerian government to construct 217,000 barrels per day refineries in Port Harcourt and Warri under a new co-location concept. The concept initiated by the Minister of State for Petroleum Resources, Emmanuel Kachikwu, aims to ensure that new refineries are established to share infrastructure with the country’s existing refineries in...