The loan will also strengthen farmers’ agribusinesses and improve their financial wellbeing through financing purchases of various agricultural commodities such as hazelnuts, dry dairy products, grain and onions in selected countries of operation.
The crops that will be initially coded are pomegranates, beans, onions and grapes, among other crops planted in Upper Egyptian governorates.
IFC announced Tuesday joining forces with the National Bank of Egypt and the Micro, Small and Medium Enterprise Development Agency (MSMEDA) to strengthen the clean technology entrepreneurship sector .
The new amendments guarantee continuous representation of these segments in later parliaments.
Commodity traders, economists, grain merchants and farmers are anxious for crop updates as they work to project their financial balance sheets and make spring planting decisions.
The minister of agriculture asserted that the Cabinet should be committed to the decision taken by Sherif Ismail’s government to receive cotton yields from farmers
The minister of agriculture asserted that the Cabinet should be committed to the decision taken by Sherif Ismail’s government to receive cotton yields from farmers.
A total of 200,000 Egyptian farmers are prone to lose their livelihood as a result of water shortage.
Short-term loans given to farmers hit LE 5.6 billion in FY 206/2017 against LE8.2 billion in the year before.
South Africa accused Donald Trump of fuelling racial tensions on Thursday after he said farmers were being forced off their land and many of them killed.
It is a clear signal the U.S. President Donald Trump is determined to stick with tariffs as his weapon of choice in the conflict.
Last year Egypt procured about 3.6 million tonnes of wheat from farmers.
Ethiopia is preparing to fill the reservoir behind its new $4 billion Grand Renaissance Dam, possibly as soon as this year.
Ministry of Supply and Internal Trade will start receiving the local wheat crop from farmers starting Sunday, April 15.
The bank follows a policy, including debt settlement, from three to seven years so that the treatment is suited to the circumstances and the activity of the customer and his potential to repay.
The Supply Minister inaugurated Sunday renovation works at the Egyptian Sugar and Integrated Industries Co, with investment cost of LE 400 million.
The Supply Ministry denied any increase in the price of sugar after Egypt’s decision to raise the price of sugarcane purchased from local farmers.
Sugar cane farms are expecting difficulty to continue supplying sugar at LE 620/ton.
Egypt is looking to plant 3.25 million acres of wheat this season, down from the previous government target of 3.5 million acres.
Minister of Supply and Internal Trade Ali Moselhi on Saturday chaired a meeting of the wheat higher committee to discuss preparation for the new season.