FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo



ATA, Mercy Corps to Establish Data Hub

Apr 4 , 2020

[ssba-buttons]

The Ethiopian Agricultural Transformation Agency (ATA) and Mercy Corps' AgriFin programme have signed a memorandum of understanding (MoU) to establish a data hub. The CEO of ATA, Khalid Bomba, and the Programme Director of Mercy Corps, Leesa Shrader, signed the partnership agreement. With the agreement, Mercy Corps will support ATA to develop a data hub through which it will provide data-driven, holistic solutions to farmers. The data hub will also enable ATA to implement a digital management tool that will allow farmers to make data-driven decisions and improve existing processes and performances within ATA’s Farmer Production Clusters (FPC) programme. These solutions will ultimately be scaled up, benefiting the 2.5 million smallholder farmers under the FPC.

Radar

State-Owned Enterprises Deliver, But Fund Seeks More from Underperformers

Ethiopian Investment Holdings (EIH), the country's sovereign wealth fund, closed its annual performance review with a mix of strong gains and lingering concerns across its portfolio of state-owned enterprises. Ethiopian Shipping & Logistics led the year with 4.5 million tons of cargo, driving revenues up 90pc and doubling pre-tax profit. Sugar production from Wonji Shoa, Metehara, and Fincha climbed 34.8pc to 163,290 tons, nearly doubling revenues to 15.6 billion Br, though EIH flagged ch...

Read more >>

Radar

MIDROC Cocoa Drive, Local Production Focus on Value Addition

MIDROC Investment Group is placing a bold wager on cocoa in the lowlands of Sheka. Building on extensive trials at the Bebeka Coffee State Farm, the company has introduced globally prized Forastero, Trinitario, and Criollo varieties alongside coffee. "The results are astonishing," said General Manager Beshada Worku, pointing to international prices that range from 8,200 to 14,000 dollars a ton. The project's first phase covers 50 hectares, with 44,000 seedlings already planted. Expansion to ...

Read more >>

Radar

Bureau Maps Out 1,700 Land Rights in a Month

The Rights Registration & Holding Service Directorate under the Bureau of Land Development & Administration prepared over 1,700 landholding certification maps in a single month. The update came during the bureau's July performance review, which measured progress against the upcoming fiscal year's targets. Director Tesfamichael Endale said efforts are being scaled up to give farmers secure land rights and quicker certification. Deputy Head WendwossenBanjaw added that the priority ahead...

Read more >>