Author: Hithaishi CB

InteliGro, a leading provider of integrated crop solutions in South Africa and Namibia, has announced the integration of InteliSeed into its business operations, effective 1 April 2024. This strategic decision aims to streamline business structures and enhance focus to better serve customers and collaborate with suppliers. The integration is set to fortify InteliGro’s position in the market, empowering the company to cater to the diverse needs of growers through an extensive network of seed specialists and crop advisors across the country. The move underscores InteliGro’s commitment to delivering high-quality seeds and comprehensive agricultural solutions. Barry Erasmus will lead the InteliGro…

The loan will enable Singapore’s Indorama to increase its fertilizer production and develop a port terminal for exports, supporting food production and food security The African Development Bank has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. The loan will enable Indorama to increase its fertilizer production and develop a port terminal for exports, supporting food production and food security across regional and international markets, while fostering job creation in Nigeria. The expansion will include the development of a third urea fertilizer production line and a new shipping terminal at Indorama’s facilities in Port…

WTCA aims to strengthening this collaboration by harnessing the economic potential and industrial competitiveness in both regions in agriculture, fisheries, forestry, energy, and more World Trade Centers Association® (WTCA®) — an international trade organization connecting more than 300 World Trade Center® (WTC®) locations in nearly 100 countries — and World Trade Center Bengaluru have successfully concluded the 54th annual WTCA Global Business Forum (GBF) in Bengaluru, India in early March. WTCA Members from nearly 100 countries identifies significant opportunities for bilateral trade and business growth between the Association of Southeast Asian Nations (ASEAN) and India, and encourages businesses in Singapore to leverage and optimize the potential and opportunities for increased investments between the…

Exporters and Investors will have access to financial products, market knowledge and connections to boost major sectors like clean technology and renewables, agriculture, advanced manufacturing, infrastructure and more Export Development Canada (EDC), Canada’s export credit agency, states that Vietnam is welcoming Canadian exporters and investors take advantage of the vast potential within this market. ECD will soon open a new representation this fall in Vietnam’s Ho Chi Minh City to ensure it can provide Canadian exporters and investors what they need to enter this fast-growing market. With significant capital available to deploy in the region, on-the-ground market intelligence, connections to the right people and availability…

The startup expanded its leadership team with climate tech veteran Kristin Brief joining as CEO, Lee Lynd transitions to CTO Terragia Biofuel, a technology startup aiming to drive the next generation of biofuels, today announced it has raised a $6 million seed round led by Engine Ventures and Energy Impact Partners (EIP). The company will use the capital to commercialize its novel biology-based approach to converting cellulosic biomass into ethanol and other products, expand its employee headcount and initiate partnerships with major biofuel producers. Terragia uses engineered thermophilic bacteria to break down cellulosic biomass and convert it into ethanol and other chemical products. The…

Fund will be looking to invest in a variety of sectors, with a special focus on eight critical sectors including manufacturing, green energy, fisheries, agriculture, ports, logistics and more In line with the national directive to boost Oman’s economic development and attract international investors, Oman Investment Authority (OIA) has launched the ‘Future Fund Oman’ with a robust capital of $5.2 billion. Designated for deployment over the next five years at a rate of approximately $1 billion annually, the Fund will allocate 90% of its capital to investing directly in commercially and economically viable new or existing large-scale projects located in Oman. The Fund will also allocate 7% of its capital towards…

Sign Strategic Partnership Agreement to expand the range of target crops to strengthen support for farmers and contribute to sustainable agriculture NEC Corporation and Sumitomo Corporation have signed a strategic partnership agreement to expand global sales of NEC’s agricultural ICT platform CropScope. Based on this partnership, NEC and Sumitomo aim to develop markets mainly in South America and the ASEAN region by utilizing Sumitomo’s global network. To this end, NEC will expand the range of crops from the tomato farming support it has been focusing on and add functions to optimize and streamline a series of processes from cultivation to harvesting and processing.…

Soybean Cyst Nematode (SCN) is present in most areas where soybeans are grown, and because nematodes feed on the roots of the plant, the damage is often invisible without any above ground symptoms. To help farmers do the Biggest Job on Earth, BASF is launching SCNFields.com, a website dedicated to providing farmers with SCN sampling results from more than 4,000 collected samples across the United States. Soil sampling is the best way for farmers to determine SCN population levels and help inform decision-making as they work to protect soybean yields. SCNFields.com allows farmers to search SCN sampling results from their area…

Japan has donated JPY 90.1 million in funding to advance the promotion of energy efficiency and low-carbon related activities in the APEC region by supporting activities under the purview of the APEC Energy Working Group.   The contribution was confirmed in a Memorandum of Understanding signed by Tsuyoshi Okuyama, Japan’s Senior Official for APEC and Dr Rebecca Sta Maria, Executive Director of the APEC Secretariat earlier this month, on the sidelines of the First APEC Senior Officials’ Meeting held in Lima, Peru. “APEC member economies are facing an increasing and urgent climate change that threatens our economies and people’s livelihoods,” said Okuyama. “It is crucial for us now…

Philippines premiere trade event for the Philippine livestock, poultry, and aquaculture industries will open its gates to the public from May 22 to 24, 2024 at the World Trade Center in Pasay City. With the theme “Harnessing Innovation and Technology for Sustainable Farm Development,” this year’s edition of Livestock Philippines and Aquaculture Philippines aims to bridge the activities of public and private sectors, establish business opportunities for manufacturers and suppliers with potential distributors, partners, and buyers, and create an environment of knowledge and expertise sharing. “The livestock and aquaculture subsectors of the country’s agriculture industry are pivotal growth drivers of…