Commodity & Trade Updates

The strategy combines Chinese expertise in high-yield hybrid rice with Brazilian agricultural technology and investment, reflecting Conakry’s wider push to modernize farming, improve productivity and reduce reliance on imported rice.

Nigeria is intensifying efforts to bridge the widening gap between domestic wheat production and surging consumption, even as imports remain the primary source of supply.

The new phase follows three previous stages of PAPRIZ that helped improve farmers’ technical skills, promote better cultivation practices and increase rice productivity.

The concern comes as the country remains heavily dependent on rice for food security, even as efforts continue to strengthen domestic production.

The project provides a full-service grain elevator capable of loading more than 200 containers per week, with an annual export capacity of approximately 275,000 tonnes.