Zambian cotton seed produces low yields and fetches poor prices, says the Indaba Agricultural Policy Research Institute (IAPRI). IAPRI Executive Director Chance Kabaghe says the number of cotton farmers has drastically dropped from 400 000 to just below 100 000 due to uncompetitive conditions in local cotton production. “The Zambian…
The 2017/’18 cotton farming season in Burkina Faso will be financed by a €65 million facility brought into being by an agreement between 3 European financial institutions. The International Finance Corporation (IFC) will provide €28.5 million while French banks Société Générale and BNP Paribas will invest €28.5 and €10 million…
The United Nations Conference on Trade and Development (UNCTAD) will support Zambia, Zimbabwe, Tanzania and Uganda to add value to their cotton sectors. “We expect improved capacity of policymakers to formulate evidence-based polices that improve the value add to cotton and devise investment profiles to attract investors,” said Kris Terauds,…
Cotton ginneries in Zambia are slowing down as the country’s annual cotton production falls short of the 400 000 ton annual ginning capacity. Cotton Board of Zambia (CBZ) Executive Director Dafulin Kaonga urged more farmers to venture into the production of the crop, saying worldwide demand is increasing. “There is…
