After months of difficulty in deciding over the fate of a fertilizer purchase worth USD 400 million, the government is now renegotiating prices with the suppliers, The Reporter has learnt.

GIZ, the Ministry of Agriculture of Ethiopia and Iceaddis, an innovation hub and a startup incubator,have teamed up to honor eight businesses who have provided innovative solutions to the agriculture challenges of the nation.

Grappling with vicious cycles of drought and low productivity, the African Agricultural sector is about to see new initiatives that will propel innovation and technology oriented farming practices in which the African Development Bank (AfDB) has announced a USD 50 billion in financing.

The newly built National Rice Research and Training Center has commenced operations to expand the production and consumption of rice in Ethiopia.

Expected to host thousands of visitors for the fourth year; the African Livestock Exhibition and Congress opened its premier event in the presence of government officials, diplomats and exhibitors from 13 countries on Thursday at the Millennium Hall.

The Ethiopian Agricultural Business Corporation is waiting on the government’s approval on a multimillion dollar fertilizer bid, The Reporter has learnt. The procuring entity sent a letter to Ministry of Agriculture and Natural Resource for the approval before it proceeds to the next steps.

Following the merger of Dow Chemical and DuPont last year, Corteva Agri-science, a newly formed agricultural division of DowDupont has expressed its plans to consider supplying sunflower, sorghum and soybeans in addition to the long-existing hybrid maize seed business in Ethiopia.

AddisBuild, Ethiopia’s premier construction event, is set to host its annual event at the Millennium Hall starting Wednesday next week. In collaboration with the Turkish based Ladin International Fair & Congress Organization INC. and Ethel Advertising and Communication PLC. Of Ethiopia; the exhibition is expected to host hundreds of investors inching to get into the booming local construction industry. 

The Ethiopian Agricultural Business Corporation is evaluating a USD 400 million (11 billion birr) worth of fertilizer purchase, The Reporter has learnt.

The OCP Group – a Moroccan fertilizer giant – is to revamp the five state-owned fertilizer blending factories which were damaged following an import of substandard fertilizers, The Reporter has learnt.