https://www.agrospectrumasia.com/rssfeed/agri-finance/investment investment https://www.agrospectrumasia.com/news/47/4749/genomines-wants-to-grow-nickel-not-mine-it.html https://www.agrospectrumasia.com/news/47/4749/genomines-wants-to-grow-nickel-not-mine-it.html Tue, 29 Sep 2026 09:36:31 +0530 French deeptech startup Genomines has raised $45 million in Series A funding to scale its plant-based approach to nickel extraction, betting that agriculture and biotechnology could open up new sources of a metal increasingly important to the global battery and industrial economy. The Paris-based company’s latest funding round comprises $37 million in equity and $8 million in debt. It was led by US-based VC Engine Ventures and European biotech investor Forbion BioEconomy, with participation from Deeptech & Climate Fonds, Wind Capital, Lowercarbon Capital, AlphaTech Investment Group and Entrepreneurs First. Carmaker Hyundai and mining-focused investor Prospect Innovation also joined the round. Genomines is developing genetically enhanced plants that can absorb and concentrate nickel from soil. The approach is designed for deposits where nickel exists close to the surface but at concentrations too low for conventional mining to be economically viable. Turning Plants into Nickel Collectors The technology builds on a natural phenomenon known as phytomining, in which certain plants absorb metals through their roots and accumulate them in their tissues. Genomines is modifying plants to increase their capacity to capture nickel, including by increasing plant height and leaf size. The startup has also developed a specialised soil designed to improve nickel uptake. The resulting process is intended to access shallow deposits without the large-scale infrastructure typically associated with conventional mining. Genomines co-founder Fabien Koutchekian estimates that between 30 million and 40 million hectares of deposits globally could potentially be exploited using the technology. Once scaled, he says, the approach could increase annual nickel production by seven- to 14-fold. The company is positioning the technology not as a substitute for nickel itself, but as an alternative route to producing the same industrial commodity. Nickel Supply Meets the Energy Transition Nickel is widely used in stainless steel and has gained strategic importance in the automotive industry because of its role in some battery chemistries. Global nickel production is also geographically concentrated, with Indonesia accounting for more than half of global output, according to the startup. That concentration has increased interest among industrial users and automakers in securing alternative supply sources. Genomines argues that its model could offer a different economics from conventional mining. Traditional mines can require billions of dollars of upfront investment and take more than a decade before production begins, while the company believes its process could be economically viable across a roughly 200-hectare surface area. The model is deliberately framed around the convergence of agriculture and mineral extraction: grow plants, harvest the nickel-rich biomass and then recover the metal through a comparatively simple extraction process. From Kilograms to Tonnes The technology remains at an early commercial stage. Genomines is currently developing its process on experimental land in South Africa and has produced only a few hundred kilograms of nickel so far. The new capital will be used to scale production towards several hundred tonnes of nickel in the coming years. The startup is also working with automakers including Hyundai and Jaguar Land Rover, whose supply chains require access to nickel. Revenue remains limited at present, with Genomines expecting the business to reach several million dollars in annual revenue over the next three to five years. Scaling Will Test the Business Model The central commercial challenge is no longer simply demonstrating that plants can accumulate nickel. Genomines must show that the resulting metal can be produced at a cost that is competitive with conventional sources and in volumes large enough for industrial customers. That will require the startup to move from experimental production measured in kilograms to an industrial model capable of delivering hundreds of tonnes and eventually much larger volumes. Genomines is not alone in pursuing plant-based metal extraction. French startup Econick, for example, entered a joint venture with stainless steel producer Aperam in 2023 to develop plant-based nickel production. Its proposition is therefore less about creating a new nickel product than changing how and where nickel can be extracted. If the technology can achieve commercial scale, it could turn marginal mineral deposits into agricultural production systems—and add biotechnology and farming to the toolbox for securing critical mineral supply. ]]> https://www.agrospectrumasia.com/news/47/4744/velocity-agri-capital-raises-150-million-to-back-canadian-agri-food-expansion-in-southeast-asia.html https://www.agrospectrumasia.com/news/47/4744/velocity-agri-capital-raises-150-million-to-back-canadian-agri-food-expansion-in-southeast-asia.html Mon, 28 Sep 2026 10:02:54 +0530 A new growth-equity fund is targeting $500 million to help Canadian agriculture and food companies expand into Southeast Asia, with Farm Credit Canada committing $150 million as the lead investor. Velocity Agri-Capital has secured the initial commitment as it seeks to close the remaining $350 million from Canadian and international investors. The fund will focus on middle-market companies across the agriculture and food value chain, with plans to invest in about 12 businesses through initial cheques of at least $25 million each. Its investment mandate spans emerging and established segments of the food economy, including vertical farming, aquaculture, food processing and packaging. The strategy is designed to provide growth capital to companies moving beyond domestic markets and build commercial links between Canadian businesses and Southeast Asian markets. The fund will also consider investments in Southeast Asian companies establishing operations in Canada, provided those businesses contribute to domestic job creation. Closing the agri-food growth capital gap Velocity Agri-Capital is positioning itself around a financing gap between early-stage venture capital and larger institutional capital. The fund will focus on companies that have moved beyond the start-up phase but require substantial capital to expand production, develop new markets and build international operations. The strategy comes against a broader push to increase the economic value captured within Canada’s agriculture and food system. Canada has historically been a major exporter of agricultural commodities and ingredients, while a larger share of processing and manufacturing value is captured further along the supply chain. Greater investment in domestic food processing could create additional value before products enter international markets, while giving Canadian companies greater control over branded and processed food exports. Farm Credit Canada estimated in a June report that stronger growth in Canada’s food and beverage manufacturing sector could add C$40 billion to the country’s GDP over the next decade and create 217,000 jobs, assuming annual sector growth of 3 per cent. The report identified investment, infrastructure, skills and trade as key requirements for achieving that expansion. Southeast Asia becomes the growth market Velocity’s geographic strategy reflects the growing importance of Southeast Asia as a destination for food, agriculture and technology companies seeking new markets. The fund plans to maintain a presence in the region to support portfolio companies with market entry, commercial relationships and local business development. Its investment thesis is built around the region’s large consumer base, rising food-security requirements and existing trade links with Canada. Southeast Asia offers an alternative growth pathway at a time when businesses and policymakers are looking to diversify export markets and reduce exposure to the US. The fund’s approach extends beyond traditional commodity exports, focusing instead on companies capable of exporting higher-value products, technologies and processing capabilities. From commodities to higher-value agriculture The launch comes as Canada looks to strengthen domestic investment across its agriculture and food economy and capture more value within the country. Velocity Agri-Capital will operate independently of District Ventures Capital, an earlier-stage venture capital fund focused primarily on consumer businesses across food, beverage, health and wellness and beauty. The new vehicle represents a later-stage investment model, with substantially larger individual commitments aimed at businesses with established operations and ambitions for international expansion. Its $500 million target therefore places the focus not simply on financing Canadian agriculture, but on building companies that can compete across international food and agriculture markets while creating additional economic activity at home. ]]> https://www.agrospectrumasia.com/news/47/4742/microlub-raises-10-mn-to-cut-fat-without-sacrificing-mouthfeel.html https://www.agrospectrumasia.com/news/47/4742/microlub-raises-10-mn-to-cut-fat-without-sacrificing-mouthfeel.html Mon, 28 Sep 2026 09:46:43 +0530 UK food technology company MicroLub has raised $10 million to accelerate the commercialisation of its protein-based fat reduction technology, expand manufacturing capacity and support market entry in the US and Asia. The University of Leeds spinout has developed patented ingredients designed to replicate the lubrication properties of fat using water, addressing one of the central challenges in reduced-fat food formulation: cutting calories without sacrificing creaminess, smoothness and overall eating experience. MicroLub says its technology has demonstrated fat and calorie reductions of up to 75 per cent in some formulations, although the level of reduction varies according to the application. The platform is being evaluated across dairy and plant-based dairy products, bakery, sauces, dips and other food categories. The latest financing was led by Northern Gritstone, with existing investors also participating, including NPIF II – PXN Equity Finance, managed by PXN Ventures. Founded by Professor Anwesha Sarkar, MicroLub continues to collaborate with the University of Leeds and operates a food innovation laboratory at Nexus in Leeds. “We have already moved from laboratory-scale development to industrial-scale manufacturing and are working with some of the world’s largest food and ingredient companies,” said David Peters, CEO of MicroLub. “The $10 million investment allows us to accelerate the next step: converting those development programs and customer trials into products that can be manufactured commercially and ultimately reach the shelf,” he added. Targeting fat without losing mouthfeel Fat plays several roles in food beyond its calorie contribution. It influences lubrication, creaminess, texture, flavour release and the way food behaves during consumption. Replacing it therefore requires more than simply matching its nutritional function. MicroLub's technology focuses specifically on lubrication and friction, using protein-based ingredients to create a sensory experience closer to that of conventional fat. The company uses tribology to measure friction and lubrication, alongside rheology and other instrumental techniques that assess texture and flow. Reformulated products are then compared with full-fat equivalents through sensory testing. According to Peters, blind sensory trials across several food categories have found that tasters were unable to distinguish between products containing MicroLub technology and their full-fat counterparts. “In some formulations, fat and calorie content can be reduced by up to 75 per cent,” Peters said, while emphasising that the maximum reduction is not necessarily the objective for every formulation. The technology can also potentially reduce the need for other formulation components, including certain emulsifiers and thickeners, depending on the application. A platform rather than a single fat replacer MicroLub is positioning its technology as an ingredient platform rather than a universal drop-in replacement for fats. The role of fat varies significantly between food products. In formulations where a solid fat network provides structure, replacing fat can be more complex. Fat-soluble flavour compounds can also require additional formulation work because removing or reducing fat can affect flavour delivery. “This is why we approach MicroLub as an ingredient technology platform rather than a single drop-in fat replacer,” Peters said. “We develop application-specific solutions around the particular role fat is playing in that product.” The company draws on dairy and plant proteins as well as polysaccharides to develop formulations according to customers' technical, cost and supply-chain requirements. It says the technology is being designed to work with existing food manufacturing infrastructure, with the precise addition point and processing conditions established through trials on individual manufacturers' production lines. Protein trend creates another opening The company's expansion comes as food manufacturers face growing demand for products that combine higher protein content with lower calorie density. Peters said MicroLub's opportunity extends beyond the growing market for foods associated with GLP-1 use. Instead, he sees the broader shift towards protein-enriched and nutrient-dense foods as a driver for the technology. Higher protein formulations can introduce sensory challenges including grittiness, astringency and undesirable mouth-coating. By addressing lubrication and mouthfeel, MicroLub believes its technology could help manufacturers increase protein levels while maintaining consumer acceptance. Potential applications include high-protein drinks and yogurts, reduced-fat dairy products, sauces and dips, desserts and other nutrient-dense foods. Commercial scale-up takes centre stage MicroLub has already moved from laboratory development to industrial-scale manufacturing, but the latest funding is intended to accelerate the transition from customer development programmes to commercial products. The company has not disclosed its customers or provided a specific launch timetable. Its next steps include completing customer qualification and validation, transferring formulations to commercial production lines, strengthening supply chains and meeting regulatory and labelling requirements across individual markets. With the new capital, MicroLub plans to work more closely with both large and smaller food manufacturers as it expands commercial validation. The company's proposition ultimately rests on a familiar food industry challenge: consumers increasingly want products with improved nutritional profiles, but remain unwilling to compromise on taste and texture. MicroLub is betting that controlling the friction and lubrication properties of food can help narrow that gap. ]]> https://www.agrospectrumasia.com/news/47/4724/nitro-invests-brl-10-mn-in-next-generation-bionematicide-for-brazil.html https://www.agrospectrumasia.com/news/47/4724/nitro-invests-brl-10-mn-in-next-generation-bionematicide-for-brazil.html Wed, 23 Sep 2026 16:50:25 +0530 Brazilian agricultural inputs company Nitro has launched Elmo Max, a multi-strain biological nematicide developed through a BRL 10 million investment in research and development as the country’s growers increasingly turn to biological technologies to manage one of the most persistent constraints on crop productivity: nematode damage. The new formulation brings together five Bacillus strains with complementary biological functions. Nitro's strategy is to move beyond single-strain or single-mechanism approaches and build a microbial consortium capable of establishing itself around plant roots while attacking nematode pressure through several pathways. The formulation contains Bacillus amyloliquefaciens CCT 810, Bacillus subtilis CCT 8100, B. subtilis ATCC 6051, Bacillus licheniformis ATCC 14580 and Bacillus megaterium CCT 8101. Elmo Max is registered in Brazil as a biological nematicide with the Ministry of Agriculture and Livestock under registration No. 21424. The product is formulated as a concentrated suspension with a guaranteed concentration of 1×10⁸ CFU/mL and an 18-month shelf life. Five strains, multiple biological functions The central proposition behind Elmo Max is not simply the number of microorganisms in the formulation, but how their functions can work together around the root system. Nitro's technology is designed to colonise roots and establish a protective biofilm in the rhizosphere, creating a biological barrier between the plant and nematode populations. The bacterial consortium can compete for space and nutrients, as well as oxygen and root exudates, potentially reducing the biological resources available to nematodes and making roots more difficult for the pests to locate and exploit. The formulation also incorporates antibiosis and induced plant defence mechanisms. According to Nitro, the bacteria produce metabolites with activity against nematodes and can contribute to degradation of the nematode cuticle. At the same time, microbial interaction with the plant can stimulate induced resistance mechanisms that prime plants to respond to biological and environmental stresses. This combination is intended to create a broader mode of action than a product relying on a single biological pathway. Nematodes turn root damage into a yield problem For Brazilian agriculture, nematode management is fundamentally a root-management challenge. Nematodes attack underground plant tissues, compromising root development and interfering with the crop's ability to acquire water and nutrients. The consequences can extend well beyond visible root damage, affecting crop establishment, plant development and ultimately yield potential. The issue is particularly important in soybean production, where nematode pressure can become a significant constraint across successive production cycles. This has created a growing role for biological nematicides within integrated pest-management programmes. Rather than treating nematode control solely as a direct pest-suppression problem, biological approaches can combine organism suppression with efforts to maintain healthier roots and a more resilient rhizosphere. Nitro is positioning Elmo Max within that broader management model. From single strains to microbial consortia The development of Elmo Max reflects a wider evolution in agricultural biologicals: the move toward microbial consortia that combine different biological functions in a single formulation. A single microbial strain may have strong activity under specific conditions, but agricultural environments vary considerably in soil characteristics, temperature, moisture, crop systems and existing microbial populations. Nitro's five-strain architecture is designed to address some of that variability by combining organisms with complementary characteristics rather than relying on one biological mechanism. The company says this approach is intended to provide greater consistency across different soil and production conditions while maintaining the core objective of protecting the crop's root system. Broad crop opportunity Nitro is positioning Elmo Max for use across a wide range of Brazilian crops, including soybean, corn, cotton, coffee, sugarcane, citrus, winter crops, beans and sesame, as well as fruit and vegetable production. That breadth gives the technology a potential role across both major row-crop systems and higher-value perennial and horticultural production. The company identifies root-system protection and vigor, multiple modes of action, performance across production systems and compatibility with chemical crop-protection products among the principal characteristics of the formulation. The compatibility dimension is particularly relevant to integrated pest management, where biological products increasingly need to fit within existing crop-protection programmes rather than operate as standalone interventions. BRL 10 million bet on biological technology The BRL 10 million R&D investment behind Elmo Max signals Nitro's broader ambition in biological crop protection. Brazil has become one of the world's most important markets for agricultural biologicals, supported by the scale and diversity of its cropping systems as well as growing demand for alternatives and complements to conventional crop-protection technologies. For Nitro, the opportunity is to convert microbial diversity into commercially reliable products. Elmo Max represents that strategy in nematode management, using a defined consortium of five Bacillus strains rather than a single-organism approach. The commercial test will ultimately be field consistency: whether the technology can translate its multiple biological mechanisms into reliable root protection under the wide range of conditions encountered across Brazilian agriculture. If that proposition holds at scale, Elmo Max could strengthen Nitro's position in a market where the next stage of biological innovation is increasingly focused not simply on finding useful microorganisms, but on combining them into more resilient and predictable crop-protection systems. ]]> https://www.agrospectrumasia.com/news/47/4723/lilac-agriculture-raises-2-3-mn-to-re-engineer-rhizobium-inoculants-for-pulse-growers.html https://www.agrospectrumasia.com/news/47/4723/lilac-agriculture-raises-2-3-mn-to-re-engineer-rhizobium-inoculants-for-pulse-growers.html Wed, 23 Sep 2026 16:44:00 +0530 Lilac Agriculture has raised $2.3 million in an oversubscribed Series Seed financing round as the agricultural biologicals company moves to commercialise a new generation of rhizobium inoculants designed around a longstanding weakness in pulse production: the inability of commercial strains to consistently compete with native soil bacteria. The round was led by Innova and closed more than 50 per cent above Lilac’s original $1.5 million target. 701 Fund, Ag Ventures Alliance, Evergreen Climate Innovations, North Dakota Development Fund, Pathway Ventures, Tall Grass Ventures and other investors also participated. For Lilac, the financing represents more than a conventional early-stage capital raise. The company is attempting to apply the logic of crop breeding to microorganisms, selecting and adapting rhizobial strains for the specific crops and soil environments in which they need to perform. That distinction addresses a critical problem in biological nitrogen fixation. Peas, lentils and dry beans form symbiotic relationships with rhizobia, bacteria that colonise plant roots and convert atmospheric nitrogen into forms the crop can use. Seed inoculation with rhizobial bacteria is already standard practice among pulse growers. The challenge is that the commercial strain applied to seed does not necessarily become the strain that dominates the plant's root nodules. Native rhizobial populations can already be established in agricultural soils and may out-compete introduced strains for access to nodules. When that happens, an inoculant may contain a highly effective nitrogen-fixing strain but deliver less benefit in the field than its laboratory characteristics would suggest. Lilac is building its technology around this competitiveness problem. Turning rhizobium development into a targeted adaptation process The company's Guided Adaptation platform is designed to optimise two characteristics simultaneously: nitrogen-fixing efficiency and the ability of a rhizobial strain to compete for nodule occupancy under real soil conditions. Rather than relying on a single broadly deployed microbial strain, Lilac begins with a diverse collection of rhizobial strains licensed exclusively from North Dakota State University. It then applies systematic selection and adaptation to develop strains suited to the environments in which they will ultimately be used. The approach is intended to create microorganisms that can both fix nitrogen efficiently and establish themselves successfully in the presence of native microbial populations. That could have direct implications for pulse productivity and input economics. A strain capable of more effective nitrogen fixation, while maintaining strong nodule occupancy, could improve the crop's nitrogen supply and potentially reduce dependence on synthetic nitrogen inputs. Lilac is initially focused on pulses, but the company sees the underlying platform as applicable beyond peas, lentils and dry beans, including potentially other row crops. Moving biological efficacy from the laboratory to the field The company is positioning field performance as a central part of its development model. Dr. Natalie DiNicola, CEO of Lilac Agriculture, said the company's objective is to address the gap between the performance expected from an inoculant and its ability to establish itself in the soil where growers actually use it. The current financing will support an expanded field-trial programme, the company's research and development pipeline, broader deployment of its lead product PL11 and preparations for entry into Canada. PL11 is already being used by pea and lentil growers across the Northern Plains. Early trials have reported strong colonisation of the target strain across multiple locations, while broader field testing is now underway to establish performance across a wider range of growing environments ahead of the next commercial season. For a biological product, that validation phase is strategically important. Microbial performance can be influenced by soil conditions, existing microbial populations, crop variety and environmental conditions, making consistency across locations a key commercial hurdle. Lilac's strategy is therefore built around measuring what happens after the inoculant reaches the field, rather than relying solely on laboratory characteristics or generic claims of biological activity. A large but underexploited microbial diversity The company's scientific thesis rests on the diversity of rhizobial bacteria available for development. Dr. Barney Geddes, Chief Scientific Officer at Lilac Agriculture, said commercial rhizobial development has historically relied on a relatively narrow set of strains, leaving significant microbial variation unexplored. Geddes grew up farming before developing a career as a rhizobium researcher and building an extensive laboratory programme at North Dakota State University. His experience underpins Lilac's effort to connect microbial discovery with field-level performance. The company argues that adapting strains to the specific crop and soil environment, while measuring nodulation under commercial field conditions, could provide a more reliable route to improving inoculant efficacy. That approach also reflects a broader shift taking place across agricultural biologicals. The first phase of the sector was largely about identifying useful microorganisms and bringing them into commercial formulations. The next challenge is making those organisms more predictable, robust and effective across the variability of commercial agriculture. Investor interest reflects the nitrogen-efficiency opportunityInnova's investment marks its first move into agricultural biologicals. Dean Didato, Partner at Innova, said the firm was attracted to Lilac's focus on improving strains that growers already understand and use rather than requiring farmers to adopt an entirely unfamiliar production practice. The investment thesis also extends beyond the company's initial pulse market. Lilac's platform has been designed with the potential to adapt microbial strains for additional crops, creating a pathway from a focused rhizobium business into a broader agricultural biologicals platform. That scalability is significant as growers and the agricultural industry look for ways to improve nutrient-use efficiency without simply increasing synthetic input use. Canada becomes the next commercial frontier Lilac is also preparing for expansion into Canada, where registration is underway. The market is strategically relevant because Canada is the world's largest producer and exporter of both peas and lentils. Establishing a product that can demonstrate consistent strain performance across Canadian growing conditions could therefore provide the company with a significant extension of its pulse business beyond the Northern Plains. The Canadian registration effort will also test the portability of Lilac's strain-development approach across different production environments. The larger proposition is a shift in how microbial inoculants are developed: from selecting strains for broad utility to adapting them for the specific biological and soil environments in which they must compete. If Lilac can translate that approach into repeatable field performance, rhizobium inoculation could move closer to becoming a precision biological input rather than a largely standardised seed-treatment practice. ]]> https://www.agrospectrumasia.com/news/47/4716/usda-funds-80-beef-projects-as-producers-move-further-up-value-chain.html https://www.agrospectrumasia.com/news/47/4716/usda-funds-80-beef-projects-as-producers-move-further-up-value-chain.html Tue, 22 Sep 2026 17:44:20 +0530 The US Department of Agriculture is directing $26.5 million into 194 value-added agriculture projects across the country, with beef producers accounting for nearly half of the funding as farmers and ranchers seek to capture more value beyond the sale of raw agricultural commodities. The funding, announced on 18 September through the Value Added Producer Grant programme, includes $11.6 million for 80 beef producer projects. The grants can be used for value-added product development, market research, processing, distribution and business and marketing strategies. The economics behind the programme are straightforward: moving further along the value chain can allow producers to retain a greater share of the final product's value. Rather than selling agricultural commodities at the farm gate, producers can use processing, branding, direct marketing and product development to reach higher-value consumer and institutional markets. For the US beef sector, the grants are supporting a range of business models, from expanded processing and distribution to specialised food products. Light Hill Meats in Columbia, Tennessee, for example, will receive $199,309 to support processing, marketing, sales and distribution as it expands its grain-finished, hormone-free beef products to new customers. Family Farm Direct LLC in Waynesboro, Pennsylvania, has received $145,838 for supplies, distribution, processing and manufacturing linked to its Angus beef business. The company plans to turn its beef into dry-aged primal products, pet products and beef jerky. USDA estimates that the project could expand its customer base by almost 31,000 people and increase revenue by approximately $165,000. In Iowa, Blair Carney Farms LLC has been awarded $48,000 to support marketing and processing activities as the family-owned operation expands its market for Black Angus beef products. The individual projects point to a broader trend in agricultural business: producers are increasingly looking at processing and differentiated products as tools to diversify revenue rather than relying exclusively on commodity markets. USDA Rural Development Under Secretary Glen Smith said the programme is intended to give rural producers tools to build stronger businesses, create jobs and retain more economic value within rural communities. The department said value-added operations can help producers reduce their reliance on intermediaries while creating products from crops and livestock they produce themselves. US Agriculture Secretary Brooke L. Rollins said the grants would support producers as they develop new products and increase the value of agricultural commodities, creating additional revenue opportunities and supporting economic activity in rural communities. The funding comes at a time when value addition is becoming an increasingly important component of agricultural competitiveness. Producers who can differentiate products and establish direct relationships with consumers or institutional buyers have opportunities to capture margins that would otherwise accrue further downstream. But the grants also underline the operational challenge of moving beyond primary production. Processing capacity, food-safety compliance, marketing expertise, distribution networks and access to reliable customers all become critical once a farm or ranch takes on more of the value chain. For the beef projects receiving funding, the commercial test will therefore extend beyond the grant itself. The ability to translate processing and marketing investments into sustained sales, stronger customer bases and higher producer revenues will determine the long-term impact. The USDA's latest funding round signals a clear push towards value creation rather than volume alone. With $26.5 million spread across 194 agricultural projects and $11.6 million directed specifically towards beef producers, the programme is putting capital behind a model in which farmers and ranchers seek to capture more of the value generated between the farm and the final customer. ]]> https://www.agrospectrumasia.com/features/47/4706/indian-agritech-enters-its-capital-efficiency-era-as-investors-shift-from-growth-to-value-creation.html https://www.agrospectrumasia.com/features/47/4706/indian-agritech-enters-its-capital-efficiency-era-as-investors-shift-from-growth-to-value-creation.html Tue, 22 Sep 2026 16:07:45 +0530 India’s agritech sector is entering a more disciplined investment cycle, with investors moving beyond growth-at-all-costs to focus on capital efficiency, sustainable revenues and measurable value creation. As global agrifoodtech funding moderates, the emphasis is shifting towards businesses with stronger unit economics, predictable cash flows, proven technology and a credible path to profitability. In India, this reset is reshaping funding strategies, business models and exit expectations, directing capital towards supply-chain infrastructure, precision agriculture, biologicals, post-harvest solutions and B2B market linkages. The next phase will be defined not by how much capital agritech companies raise, but by how effectively they convert it into enterprise value and measurable outcomes for farmers. The global agrifoodtech market did not retreat in 2025; it merely changed course. Funding slipped from $16.75 billion in 2024 to $16.2 billion, while deal count fell by 12 per cent, according to the latest report from AgFunder. Investors were, in effect, placing almost the same amount of capital behind fewer companies, marking a sharp departure from the exuberance of 2021, when startups raised about $51.7 billion and the largest deal alone approached $3 billion. In 2025, Wonder’s $600 million Series D emerged as the biggest financing—nearly 80 per cent smaller. During the boom years, capital chased customer acquisition, geographic expansion and market share, often long before profitability entered the picture. Harsh Deodhar, Principal, Enrission India Capital, therefore believes India is entering a post-narrative, value-creation cycle. “Capital isn't leaving Indian agriculture; it is moving deeper into the value chain – look at the recent positive movements we have seen with impressive backings for Superplum — Series A, Arboreal Bioinnovations — Series A, KisaanSay — Series A, Pehle Jaisa — Pre-Series A and Milky Mist — IPO + institutional capital,” he says. Investors, perhaps, are now seeking reliable revenues, controlled costs, proven technology and a credible path to break-even. “Indian agritech is certainly moving into a more mature and disciplined phase,” says Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace. “Investors are now looking beyond growth narratives and placing greater emphasis on the ability to create sustainable, measurable value.” The shift was clearest in upstream agrifoodtech. The AgFunder report found that global companies working on farms, food production and biological systems attracted about $9 billion, up 7 per cent from the previous year, even as deal count fell 12 per cent. Late-stage and debt funding rose 72.7 per cent to $3.8 billion, suggesting that more businesses now have revenues, assets, receivables or predictable cash flows. Prem Kumar Vislawath, Founder and CEO of Marut Drones, describes the shift as a move from “growth at all costs to sustainable growth”. Agriculture’s longer operating cycles, fragmented customers, seasonal demand and working-capital needs make this discipline particularly important, he says. Other segments, however, came under pressure. The AgFunder report found that Midstream technology investment fell from $1.85 billion to $1.5 billion, while downstream businesses such as food retail and marketplaces declined from $6.5 billion to $5.8 billion. eGrocery remained the largest category, attracting $2.1 billion across only 86 deals, as investors backed established leaders rather than another wave of challengers. Capital also shifted towards science-led agriculture. Bioenergy & Biomaterials raised $1.8 billion, while Agricultural Biotechnology, Farm Management Software, Sensing & IoT, Midstream Technologies, and In-store Retail & Restaurant Technology each drew $1.4 billion. Agricultural Biotechnology led deal activity with 256 financings. Deeptech accounted for 32 per cent of agrifoodtech funding, a ten-year high, while climate-tech investment recovered to $3.9 billion. The United States led investment with $5.9 billion, followed by India at $2.2 billion, China at $1.2 billion, the Netherlands at $900 million and the United Kingdom at $700 million. India took a more practical route: only 9 per cent of its funding went into deeptech, with most capital supporting eGrocery, digital marketplaces and agrifintech. Sonali Singh, Head of Strategy and Planning at Annam.ai, IIT Ropar, says that investors are focusing on scalable models, operational execution and measurable value creation. “Investors have become more selective, with greater emphasis on demonstrated execution in areas such as precision agriculture with measurable ROI, supply-chain infrastructure, embedded finance and B2B agricultural commerce,” she says. Vinay Nair, Co-founder and CEO of KhetiBuddy, sees a more mature relationship between capital and agriculture. Five years ago, investors focused on farmers onboarded, districts covered and growth rates. Today, they are asking what value a product creates, what it costs to deliver and whether the economics improve over time. “That shift is healthy,” he says. “It is pushing the sector towards building things that genuinely work rather than things that look good in a pitch deck.” That scrutiny is reshaping business models. Marketplaces may handle large transaction volumes and still lose money after logistics, fulfilment, credit and support costs. Software businesses can offer recurring revenue, but agritech SaaS companies often carry the cost of sensors, field agents, agronomists and hardware installation. Deepak Pareek, Founder of HnyB Tech-Incubations, says that investors are moving beyond digital reach and transaction volumes. “Gross merchandise value and top-line growth were the primary proxies for scale,” he says. “Today, contribution margin and net unit economics per transaction or per acre take precedence.” The test, ultimately, is whether capital produces durable value. As Dr Prithwi Singh, Co-founder and CEO of Khetika, puts it: “If farmers are not becoming more profitable, if quality isn’t improving, and if supply chains aren’t becoming more transparent, then scale alone has very little meaning.” From Funding to Enterprise Value India’s agritech funding cycle is entering a more exacting phase. The opportunity remains large, spanning supply-chain modernisation, farm productivity, post-harvest infrastructure and formal credit. Investors, however, are asking whether companies can convert that opportunity into sustainable businesses. India ranked second globally in agrifoodtech funding in 2025, attracting $2.2 billion. During FY22 and FY23, Indian agritech companies raised about $1.8 billion across 189 deals, averaging roughly $10 million. Ninjacart raised $145 million, DeHaat $115 million and FreshToHome $104 million. The focus was on building customer networks, expanding distribution and increasing transaction volumes before prioritising profitability. That model became harder to sustain as global liquidity tightened and valuations came under pressure. “For founders, the right balance is not necessarily between growth and profitability, but between growth and responsible capital deployment,” says Agnishwar Jayaprakash. “Businesses should invest in expansion where there is clear demand and a viable path to sustainable returns. At the same time, they should maintain financial discipline, strengthen governance and build capabilities that can support long-term growth.” In FY24, funding fell to about $380 million across 83 deals, with the average deal size dropping to roughly $5 million. Around 70 per cent went to B2B market-linkage platforms, farm analytics, advisory services and agri-inputs. LeadsConnect raised $60 million and Vegrow $46 million, with both rounds focused on specific commercial capabilities. FY25 reinforced the shift. Funding held broadly steady at $383 million, but deals fell to 68 and the average cheque rose to roughly $6 million. Nearly 70 per cent went to B2B market linkage, precision agriculture and Farm-as-a-Service models. Sahyadri Farms raised $46 million, while Ecozen Solutions secured $30 million. The change is not simply about deal size, but about the purpose of capital. Earlier funding was largely aimed at capturing markets; recent rounds are supporting procurement networks, productivity tools, advisory services, input distribution and climate-linked infrastructure. Investors are examining repeat revenue, post-logistics margins, customer-acquisition recovery and the effect of growth on cash generation and working capital. “The market is increasingly distinguishing between valuation and actual enterprise value creation,” says Pravin Patel, Founder, Brio Hydroponics. “During the earlier funding cycle, companies could sometimes command significant valuations based primarily on growth expectations. Today, investors are looking more closely at revenue quality, margins, cash flows, governance and the capital required to generate incremental growth.” The economics vary by model. Produce marketplaces require capital for inventory, logistics and receivables. Farm-management software companies face longer sales cycles and costly implementations, while precision-agriculture platforms may need sensors, field teams and agronomists before recurring revenue takes hold. A company can process large volumes and still lose money. “Every funding round should create measurable business milestones rather than simply extending runway,” says Sonali. Founders, she adds, should focus on markets where they have a competitive advantage, stronger-margin business lines, operational efficiency and predictable revenue. Debt is becoming part of this discipline. Companies with revenues, assets or predictable deployment models can expand without repeated dilution, while lenders impose a repayment test that venture capital can defer. Valuations are consequently shifting towards revenue quality, gross margins, retention, capital efficiency and the path to break-even. “Valuations are undergoing a necessary alignment with ground-level economics,” says Deepak Pareek. “During the funding boom, many agritech companies were priced like enterprise SaaS or hyper-growth consumer platforms, despite operating in low-margin, high-touch supply-chain environments. Modern valuations are anchored around sustainable EBITDA multiples and real net revenues.” The FY25 operating numbers help explain this scrutiny. Poshn generated Rs 923 crore in gross revenue on Rs 66 crore of funding, a revenue-to-funding ratio of 14.07. BigHaat reported Rs 1,100 crore on Rs 200 crore, while FarMart generated Rs 1,961 crore on Rs 491 crore. Their revenue-to-funding ratios were 5.50 and 4.00, respectively. Samunnati recorded 1.73, DeHaat 1.57, Ninjacart 0.60, Stellapps 0.41 and Arya.ag 0.21. These ratios should not be read as a direct measure of capital efficiency or profitability, as business models have very different capital requirements. Asset-light companies may naturally generate higher revenue relative to funding, while businesses investing in inventory, logistics, credit or physical infrastructure require more capital upfront. A marketplace facilitating Rs 100 crore of transactions at a 5 per cent commission earns only Rs 5 crore before logistics, payments, credit, fulfilment and support costs. Profitability provides another lens. Ergos reported Rs 6 crore in profit on Rs 223 crore in revenue. Nutrifresh generated Rs 14 crore on Rs 145 crore, while Arya.ag recorded Rs 34 crore on Rs 436 crore. Ninjacart reported a loss of Rs 256 crore, followed by DeHaat at Rs 207 crore, Samunnati at Rs 74 crore and Stellapps at Rs 55 crore. Capital efficiency will also shape exits. Over the next three to five years, strategic acquisitions, private equity buyouts, secondary transactions and selective IPOs are likely. Strategic M&A could lead as agribusinesses, global input companies, FMCG groups and logistics players seek farmgate access, technology and stronger supply chains. “Strategic acquisitions will be the most natural and most value-creating exit path over the next several years,” Vinay Nair says. Public listings will remain selective. “Only a smaller group of full-stack, profitable agribusinesses with transparent governance and robust revenue scale will successfully list,” Deepak Pareek says. Agnishwar Jayaprakash sees IPOs as one possible route. “IPOs may emerge as a viable option for a smaller number of mature companies with strong governance, predictable revenue and sustainable profitability,” he says. “However, public listings should be viewed as one of several possible outcomes rather than the only measure of success.” Harsh Deodhar expects India to see a combination of strategic acquisitions, IPOs and secondary transactions, rather than one dominant exit route. “Large FMCG companies, food processors, agricultural-input companies, logistics companies, financial institutions and global corporations have strong reasons to acquire technology, distribution networks, brands and intellectual property. We are already seeing how strategic capital is entering food and agriculture. For example, Temasek invested in Milky Mist ahead of its IPO, while the company has built a large-scale value-added dairy business with significant profitability and distribution,” he says. According to Harsh Deodhar, India’s agricultural exports rose from $34.5 billion in FY20 to $51.1 billion in FY25, while processed food’s share reached 20.4 per cent, underscoring the shift from commodity production towards processing, branding and export-led value creation. The exit ecosystem is expected to deepen as more Indian agribusinesses achieve institutional scale and strategic buyers increasingly view startups as acquisition targets rather than merely technology vendors. However, a deeper exit ecosystem will require more than headline valuations. It will depend on deeper late-stage capital, stronger governance, greater M&A participation and predictable regulation. As Pravin Patel points out, “The objective should not be to achieve the highest possible valuation in every funding round. The objective should be to build a company whose fundamentals continuously justify a higher valuation over time.” For Indian agritech, therefore, capital efficiency is emerging as the critical link between growth, profitability and long-term exit value. Making Agritech Investable India’s agricultural economy offers enormous scale. What it lacks is a sufficiently predictable investment environment. For Deepak Pareek, moving from boutique venture bets to large pools of institutional and sovereign capital will require structural and policy changes. Trade policy is a key concern: sudden export bans, stocking limits and duty changes create uncertainty for institutional investors. Stable, long-term trade policies, modernised spot markets and stronger contract-farming enforcement would reduce that risk. India also needs institutionalised testing, assaying and block-level traceability to ensure commodities consistently meet stringent overseas maximum residue limit (MRL) standards. Open, privacy-compliant data systems linking land records, soil health, crop signatures and weather data could simplify risk assessment for insurers and lenders while reducing customer-acquisition and servicing costs. He also sees a role for blended finance, with risk-sharing facilities, credit guarantees and parametric weather insurance backed by multilateral agencies helping reduce risks for private equity and institutional debt funds investing in agricultural infrastructure. The next requirement is a stronger market and data infrastructure. Vinay Nair points to interoperability as foundational. “Platforms like AgriStack and Bharat-VISTAAR are building important layers, but the ecosystem needs open standards that allow enterprise platforms and government data systems to exchange verified information seamlessly,” he says. Better price discovery and contract enforcement are equally important, particularly as institutional investors demand transparent supply chains and independently verifiable sustainability claims. The transition to regenerative or organic farming can itself carry significant costs, including input changes, certification timelines and early-season yield variability. “If policy frameworks and blended finance instruments can help absorb some of that switching cost, it would unlock a significant wave of investment into the practices and platforms that support sustainable agriculture at scale,” he says. Agnishwar Jayaprakash believes the investment case will depend on progress across policy, infrastructure, technology adoption and market access. “Stable and supportive regulations can provide greater confidence to investors, while improved rural infrastructure can help technology-led businesses scale more efficiently,” he says. Reliable agricultural data, stronger digital connectivity and wider technology adoption could improve decision-making, while investors will increasingly expect strong governance, transparent reporting and scalable operating models. Greater collaboration among government, industry, financial institutions, technology companies and farmer communities, he argues, can help translate agriculture’s scale and diversity into productivity, sustainability and long-term value. For Pravin Patel, the larger transformation will come when agriculture is treated not merely as an activity shaped by seasons and subsidies, but as a professionally managed, technology-enabled and investable economic sector. That requires stronger infrastructure, long-term finance, better crop and market data, insurance, predictable policies, contract enforcement, post-harvest systems, cold chains and faster adoption of precision and climate-resilient technologies. Financing structures must also reflect agriculture’s longer gestation periods and different cash-flow patterns. Pravin Patel sees an opportunity for a new generation of “agripreneurs”—professionals, investors and entrepreneurs willing to enter agriculture when infrastructure, technology, professional farm management and market linkages are in place. “The future of agricultural investment, therefore, may not be capital simply funding agritech companies; it will increasingly be capital funding productive agricultural ecosystems,” he says. Sonali says Indian agribusiness must move from being viewed as a fragmented, high-risk sector to a scalable, technology-enabled industry with more predictable returns. Greater market formalisation, supply-chain modernisation and digital infrastructure could turn India’s fragmented agricultural landscape into greater scale and efficiency. But data access must be balanced with farmer protection. “The ecosystem requires responsible data-sharing frameworks that allow agribusinesses to build solutions around input optimisation, advisory services, insurance, credit and supply-chain efficiency while protecting farmer interests,” Sonali says. Technology adoption, meanwhile, will depend less on headline adoption numbers than on demonstrable economic value. Lower input costs, higher productivity, reduced risk and better market access will determine whether technologies become embedded in farmers’ workflows. Policy consistency remains equally critical because state-level market regulations, food-safety rules, export policies, land regulations and commodity-movement controls can materially affect agribusiness economics. Harsh Deodhar believes India’s biggest agricultural opportunity lies in formalising and connecting its fragmented value chain through stronger FPOs, digital systems, institutional credit, warehousing, cold chains and modern processing. He sees investments such as KiVi, Fishmongers and Loopworm as examples of businesses addressing structural inefficiencies across finance, distribution, aquaculture and biological production, signalling a broader shift from agritech investing towards agricultural infrastructure and value creation. For Prem Kumar Vislawath, policy consistency is the first priority, followed by technology adoption at scale and stronger institutional financing. Agricultural technology businesses often require equipment finance, working capital and structured debt alongside venture capital. Better digital land records, farm data, weather intelligence, storage, logistics and traceability could unlock new business models. The final requirement is linking capital to outcomes. “Capital should increasingly be directed towards companies that can demonstrate measurable outcomes—higher farm productivity, lower input costs, improved resource efficiency, greater farmer income and climate resilience,” he says. The dairy industry illustrates why such investment may need to be patient. Tamal Chatterjee, Chief Growth Officer of Sid’s Farm, says success by 2030 should not be measured by annual recurring revenue or customer numbers alone, but by whether “safe, trustworthy milk” becomes the default expectation for Indian consumers. That means making traceability the norm, ensuring more value flows to farmers, expanding quality-led operations and building an Indian dairy brand capable of representing the country’s dairy quality globally. Investment, he says, requires patient capital to build infrastructure, farmer ecosystems and quality systems. “Ultimately, an investment is more than working capital—it’s a commitment to building the things that genuinely make a difference,” he says. The requirements are closely linked. Policy certainty supports infrastructure investment; better data improves credit and insurance; stronger markets improve price discovery; and clear economic benefits accelerate technology adoption. India has the scale, entrepreneurial talent and technology capability to build globally relevant agricultural businesses. The next task is creating conditions that make those businesses easier to assess, finance and scale. As Prem Kumar Vislawath puts it, “The next decade of Indian agritech will not be defined by how much capital the sector raises, but by how effectively that capital is converted into productive assets, sustainable businesses and measurable value for farmers.” -- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/4697/swen-terra-reaches-125-million-one-year-after-launch-as-regenerative-agriculture-strategy-gathers-momentum.html https://www.agrospectrumasia.com/news/47/4697/swen-terra-reaches-125-million-one-year-after-launch-as-regenerative-agriculture-strategy-gathers-momentum.html Mon, 21 Sep 2026 16:44:28 +0530 The SWEN Terra fund, which is targeting €200 million, has attracted strong interest from institutional investors, notably COFIDES, the Spanish public fund manager, investing through the Social Impact Fund (FIS), seeking exposure to regenerative agriculture through a strategy that combines environmental impact with long-term financial performance. Classified as an Article 9 fund under the Sustainable Finance Disclosure Regulation (SFDR), SWEN Terra is an agriculture impact strategy dedicated to ecosystem restoration through regenerative agriculture in Europe. The fund invests in developers and operators of agricultural assets (annual crops and orchards) and transformation projects for logistics assets, processing units and distribution networks that support regenerative agriculture assets. The fundraising milestone comes as SWEN Terra announces its second investment in Horizom, a French company developing bamboo plantations to support a domestic biomaterials value chain. The €10 million investment will help establish bamboo plantations on farmers' land, diversifying farm incomes while supplying low-carbon materials for the construction sector, including insulation and building materials. This follows the fund’s first investment in GreenPods, a French developer of regenerative agriculture farms specialising in nut production, in September 2025. Emmanuel Simon, Managing Director who leads the SWEN Terra strategy, said: "Reaching €125 million in commitments in one year of fundraising is a strong endorsement of our investment thesis. Investors increasingly recognise that regenerative agriculture is not only essential for restoring natural capital and strengthening food systems but can also deliver attractive long-term financial returns. “As we continue deploying capital, we are building a diversified portfolio of businesses that demonstrates environmental impact and attractive financial returns can go hand in hand. We are proud to be supporting Horizom as it invests to promote biodiversity on farmers’ land and increase supply of sustainable construction materials." The fund's investment pipeline continues to develop across several agricultural sectors, reflecting a broader evolution in the market. SWEN Terra is actively engaging with established agricultural businesses and experienced entrepreneurs seeking growth capital to accelerate the transition towards more regenerative production models. The fund is targeting around 12 investments in total and plans to complete a number of additional investments by end 2026/early 2027. The strategy is also strengthening its investment capabilities with the appointment of Loïse Desailly, who joins SWEN Terra as Senior Analyst on 1 September, bringing the dedicated investment team to four professionals. Emmanuel added: "There is a wealth of investment opportunities across Europe as established players and entrepreneurs embrace the benefits of regenerative agriculture. This reinforces our conviction that this is becoming an increasingly attractive investment opportunity. The emergence of additional specialist investors is also a positive sign for the asset class and highlights the need for specialist expertise to finance the transition towards more resilient agricultural systems." ]]> https://www.agrospectrumasia.com/news/47/4675/world-bank-group-approves-666-74-mn-for-viet-nams-trade-and-coastal-economy.html https://www.agrospectrumasia.com/news/47/4675/world-bank-group-approves-666-74-mn-for-viet-nams-trade-and-coastal-economy.html Wed, 16 Sep 2026 17:14:35 +0530 The World Bank Group has approved three projects worth a combined $666.74 million to strengthen Viet Nam’s trade connectivity, improve climate resilience and support sustainable fisheries, targeting infrastructure that links agricultural and manufactured exports to markets while strengthening livelihoods along the country’s coast. The financing will support transport corridors in Hai Phong and the Mekong Delta, alongside investments in fishing ports and coastal infrastructure across the North, Central and Mekong Delta regions. The projects are designed to reduce the cost of moving goods, improve access to markets and help communities manage growing climate and environmental risks. “Better transport corridors and urban services lower the cost of doing business, and that is how infrastructure turns into growth and jobs. These operations will help Viet Nam improve competitiveness while managing climate risks and using its natural resources sustainably,” said Mariam J. Sherman, World Bank Division Director for Viet Nam, Cambodia and Lao PDR. In Hai Phong, the Hai Phong City Resilience Development Project will finance a new section of Ring Road 3 to reduce truck travel times between key locations. The project will also expand wastewater treatment capacity and strengthen flood protection around the historic city centre. More than 311,000 residents are expected to benefit, while construction is projected to create employment for approximately 10,700 casual workers and 2,300 professionals. The Mekong Resilient Regional Connectivity Project will rehabilitate 251 kilometres of key highways in the Mekong Delta to international road safety standards. The upgraded network is expected to provide reliable, year-round connectivity for 856,800 direct users and improve farmers’ ability to move agricultural goods to markets during periods of heavy rainfall. Construction is expected to generate approximately 10,900 jobs annually. The third operation, the Sustainable Fisheries Development Project, will modernise nine fishing ports across the North, Central and Mekong Delta regions and strengthen the infrastructure and institutional capacity needed to support sustainable and climate-resilient fishing and aquaculture. The fisheries programme is expected to benefit more than 525,000 fishers, aquaculture farmers and coastal residents through higher incomes, improved seafood quality and lower post-harvest losses. Women are expected to account for at least half of the project’s direct beneficiaries. The three operations are being financed through loans from the International Bank for Reconstruction and Development (IBRD), the World Bank Group’s lending arm for middle-income countries. The $260.1 million Hai Phong City Resilience Development Project was approved on September 4, followed by the $251.12 million Mekong Resilient Regional Connectivity Project on September 9 and the $155.52 million Sustainable Fisheries Development Project on September 14. Together, the projects connect two priorities that are increasingly central to Viet Nam’s growth strategy: making the movement of goods more efficient and strengthening the resilience of the communities and natural-resource sectors that underpin regional economies. The World Bank Group said its broader operations are focused on creating more and better jobs by strengthening the foundations for economic growth, supporting private-sector development and mobilising investment. ]]> https://www.agrospectrumasia.com/news/47/4674/world-bank-group-backs-1-06-billion-push-to-decarbonise-brazils-energy-intensive-industries.html https://www.agrospectrumasia.com/news/47/4674/world-bank-group-backs-1-06-billion-push-to-decarbonise-brazils-energy-intensive-industries.html Wed, 16 Sep 2026 17:04:45 +0530 The World Bank Group is backing Brazil’s push to decarbonise its most energy-intensive industries, combining more than $1 billion in concessional and development financing with an effort to turn the country’s renewable energy advantage into a new source of industrial competitiveness, investment and jobs. Implemented in partnership with Banco Nacional de Desenvolvimento Econômico e Social (BNDES), the initiative targets industrial and energy value chains including steel, cement, chemicals, aluminium and low-carbon fuels. The programme is designed to accelerate deployment of emerging technologies, reduce the risks associated with early-stage investments and draw private capital into Brazil’s industrial transition. The financing comprises a $1 billion loan from the International Bank for Reconstruction and Development (IBRD) and a $60 million Clean Technology Fund loan. It is expected to mobilise a further $1.8 billion in development and commercial financing, taking the potential financing pool linked to the initiative to about $2.86 billion. Resources will be channelled through BNDES, which has a financing portfolio of approximately R$585 billion and is positioned to help move low-carbon technologies from demonstration and early investment towards commercial scale. The project supports Brazil’s target of reducing the greenhouse gas intensity of industrial GDP by 30 per cent by 2033. The programme will focus on three interconnected areas. The first is low-carbon industrial commodities, with financing directed towards cement, steel, glass, chemicals and aluminium producers seeking to cut emissions while maintaining competitiveness in international markets. The second is low-carbon fuels, where investments will support sustainable aviation fuel, e-methanol, biomethane and other next-generation fuels. These technologies are expected to play a growing role in reducing emissions from sectors such as aviation and maritime transport, where direct electrification remains challenging. The third area is common-user infrastructure. Shared assets such as green hydrogen and ammonia storage facilities and pipelines can provide multiple industrial users with access to low-carbon inputs, helping reduce infrastructure costs and lowering barriers to technology adoption. A key objective is to use public and development finance to demonstrate the commercial viability of low-carbon industrial investments and crowd in private capital as markets mature. By reducing the risks faced by early movers, the initiative seeks to create conditions for broader commercial financing of industrial decarbonisation. “Brazil's clean energy matrix is one of its greatest competitive advantages. This project is about turning that advantage into a driver of industrial transformation, one that reduces emissions, attracts investment, and creates quality jobs in the industries of tomorrow. By working with BNDES, we are combining the reach of Brazil's premier development bank with the World Bank's global experience towards a more prosperous and more sustainable Brazil,” said Cécile Fruman, World Bank Director for Brazil. The initiative places Brazil’s relatively clean power system at the centre of a broader industrial strategy: using renewable energy and emerging low-carbon technologies not only to cut industrial emissions, but also to build new value chains around cleaner commodities, fuels and shared infrastructure. ]]> https://www.agrospectrumasia.com/news/47/4673/adb-reaffirms-support-for-imt-gt-with-more-than-3-7-billion-in-regional-initiatives.html https://www.agrospectrumasia.com/news/47/4673/adb-reaffirms-support-for-imt-gt-with-more-than-3-7-billion-in-regional-initiatives.html Wed, 16 Sep 2026 16:57:36 +0530 The Asian Development Bank (ADB) has reaffirmed its support for the Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT), positioning regional connectivity, sustainable development and cross-border economic integration as priorities for the next phase of cooperation across the three countries. “As the region’s main bank, ADB remains committed to supporting ASEAN and its subregional cooperation programs, including IMT-GT, in advancing connectivity, sustainability, resilience, and economic opportunity,” said Nianshan Zhang, Director General of ADB’s Southeast Asia Department, at the 32nd IMT-GT Ministerial Meeting. In a joint ministerial statement, Indonesia, Malaysia and Thailand welcomed ADB’s continued role as IMT-GT’s regional development partner and recognised its broader role in ASEAN. The ministers highlighted ADB’s financial and technical support across green cities, tourism, economic corridors and zones, institutional strengthening and project management. The meeting comes as IMT-GT prepares to enter a new implementation cycle. ADB commended the preparation of the group’s Implementation Blueprint 2027–2031, which places greater emphasis on economic resilience, integrated networks and shared prosperity. The development bank supported preparation of the blueprint and said it is ready to assist with implementation, including project identification and financing mobilisation. ADB’s involvement in IMT-GT has already built a substantial portfolio across the subregion. As of August 2026, ADB-supported initiatives benefiting IMT-GT areas were valued at more than $3.7 billion, spanning transport, energy, agriculture, education, health, water, urban services, finance and trade. The portfolio includes 23 sovereign loans and grants totalling almost $2.7 billion, alongside eight private-sector investments worth about $805 million in energy and information and communication technology. ADB has also provided 40 technical assistance initiatives valued at more than $24 million. The scale and breadth of the portfolio underline the increasingly integrated nature of IMT-GT’s development agenda, where infrastructure investment is being combined with private-sector participation, institutional capacity building and initiatives aimed at strengthening regional economic links. With the 2027–2031 blueprint now taking shape, ADB’s role is expected to extend beyond project financing towards helping the three countries translate regional priorities into investable projects and mobilise capital for implementation. The focus on connectivity, resilience and integrated networks also reflects the growing importance of subregional platforms in supporting more diversified and sustainable economic growth across Southeast Asia. ]]> https://www.agrospectrumasia.com/news/47/4671/xfarm-technologies-adds-8-mn-hectares-with-sibium-analytics-deal.html https://www.agrospectrumasia.com/news/47/4671/xfarm-technologies-adds-8-mn-hectares-with-sibium-analytics-deal.html Wed, 16 Sep 2026 16:21:50 +0530 xFarm Technologies is expanding deeper into Brazil’s sugarcane and bioenergy economy through a strategic combination with Sibium Analytics, adding 8 million tracked hectares to its global agricultural data ecosystem and marking the company’s sixth strategic transaction worldwide and second in Brazil in the past year. The Lugano-based agtech company said the transaction will broaden its presence across Brazil’s sugarcane value chain, combining Sibium Analytics’ expertise in geospatial intelligence, business intelligence, ESG compliance and planning with xFarm Technologies’ digital farming, IoT and decision-support capabilities. The deal follows xFarm’s integration with Brazilian agritech company Checkplant and was supported by existing and new investors, including a new partnership with BlackRock. The transaction gives xFarm access to one of Brazil’s most strategically important agricultural value chains. Sugarcane sits at the intersection of food, agriculture and renewable energy in the country, supporting a large ethanol and bioelectricity industry. Brazil produces roughly 36.8 billion litres of ethanol annually from sugarcane, alongside 21,218 GWh of bioelectricity, making the crop an important component of the country’s low-carbon energy system. Sibium Analytics brings 8 million tracked hectares into xFarm’s platform, extending its coverage across Brazil’s major crops, including sugarcane, corn, soybeans, cotton, coffee, citrus and grapes. The combined platform is designed to connect farm-level data with processing, traceability, sustainability and supply-chain intelligence. “Our vision has always been to support farmers and ag-innovators with world class data-driven decision making across entire agricultural value chains,” said Matteo Vanotti, CEO of xFarm Technologies. “Following our successful integration with Checkplant, this operation represents another massive leap in our growth trajectory. By bringing Sibium Analytics’ deep geospatial intelligence and ESG audit capabilities into our group and introducing our existing offering to sugarcane producers, we are creating an unprecedented, data-driven platform for farmers and processors alike.” The deal also creates a two-way technology exchange between the companies. Sibium’s existing customers, which include sugarcane mills and biofuel processors, will gain access to xFarm’s IoT ecosystem, including hyper-local weather stations, field sensors and AI-powered decision-support systems. These tools are expected to support field operations, production planning, crop monitoring and supply-chain forecasting. At the same time, xFarm customers will gain access to Sibium’s Sigma Digital remote-sensing platform and Ambium Digital ESG and traceability solution. The technologies will be extended across crops covered by xFarm, with applications spanning sustainability certification, risk monitoring and traceability across Latin American agricultural supply chains. For food, finance and insurance companies, the combined offering is positioned as a single data infrastructure layer capable of providing transparent and auditable information across multi-crop supply chains. That could become increasingly important as agricultural businesses face growing requirements around ESG reporting, traceability and climate-related risk. “Joining the xFarm Technologies group is a natural evolution for Sibium Analytics,” said Ronaldo Marani, Director of Sibium Analytics. “We will be able to deliver even greater value to our customers and expand our solutions to new crops. Together, we are broadening the possibilities for using data and technology to support more efficient decision-making in agribusiness. Together, we are setting a new standard for intelligence in agribusiness.” The Brazilian expansion comes as xFarm scales its international footprint. The company now supports more than 600,000 farms covering a combined 24 million hectares globally. Its investor base includes Partech, Mouro Capital and United Ventures, while the company raised €36 million in a Series C funding round in October 2024. The Sibium transaction strengthens xFarm’s position at a time when agricultural technology is moving beyond farm-management software towards integrated data infrastructure linking growers, processors, financiers and downstream supply chains. By adding sugarcane and bioenergy to its existing crop portfolio, xFarm is seeking to make that integration relevant across a broader portion of the agricultural economy. ]]> https://www.agrospectrumasia.com/news/47/4663/bejo-invests-in-new-dongen-facility-to-accelerate-lettuce-breeding-and-speed-breeding.html https://www.agrospectrumasia.com/news/47/4663/bejo-invests-in-new-dongen-facility-to-accelerate-lettuce-breeding-and-speed-breeding.html Tue, 15 Sep 2026 19:30:49 +0530 Bejo has completed the acquisition of a new facility in Dongen, the Netherlands, as part of a strategic investment to expand its lettuce breeding programme and accelerate the development of new varieties. The site, a former orchid greenhouse, will replace the company’s current lettuce breeding facility in Breda, with the relocation expected to take place in summer 2027. The investment comes as advances in plant breeding place greater demands on infrastructure, particularly facilities capable of supporting controlled growing conditions and faster breeding cycles. For Bejo, the Dongen site provides the additional space and technical capacity needed to scale its speed-breeding activities while keeping the lettuce programme within the same region. A major advantage of the new location is its extensive electricity connection. This will allow Bejo to expand its use of speed breeding, a technique that enables breeders to shorten generation times under controlled growing conditions and move promising genetic material through breeding cycles more rapidly. For a crop such as lettuce, where breeding cycles and market requirements can move quickly, the ability to accelerate the development and evaluation of new varieties can provide a significant competitive advantage. Bejo sees the additional capacity as a way to strengthen its ability to develop varieties that offer growers reliable performance across changing production conditions. Jenco Krooneman, General Manager of Bejo Benelux, said the investment creates the space required to further develop the company’s lettuce breeding programme while preserving operational continuity in the region. “With this investment, we are creating the space to further develop our lettuce breeding programme. The site not only offers the technical capabilities we need, but also enables us to remain active in the same region. That is important for the continuity of our operations and for our colleagues,” Krooneman said. The facility also gives Bejo an opportunity to combine breeding expansion with improvements in energy management. The former orchid greenhouse is equipped with around 2,650 solar panels and a battery storage system, providing the infrastructure to generate and store electricity and manage energy consumption more efficiently. That combination is increasingly relevant for modern breeding operations, where controlled environments can require substantial and consistent energy inputs. By retaining an existing greenhouse facility and using its renewable-energy infrastructure, Bejo can expand its breeding capacity while integrating energy efficiency into the development of the new site. The company’s focus on speed breeding is central to the investment. Bejo had already begun using the technique at its Breda facility, but available space limited the scope for further expansion. Roel Veenstra, Head of Breeding at Bejo, said lettuce is a fast-growing and dynamic crop, making the ability to accelerate breeding particularly important. He said the Dongen facility will allow Bejo to take its speed-breeding programme to the next level while providing experienced employees with opportunities to develop alongside the expanded operation. “Lettuce is a fast-growing and dynamic crop. We had already started speed breeding in Breda, but we couldn’t grow any further there. The site in Dongen offers us the opportunity to further develop this technique and take our lettuce programme to the next level. I also think it’s important that we remain in the same region, so that our experienced colleagues can grow with us,” Veenstra said. The regional continuity is also an important element of the investment. Rather than moving the programme to a different part of the country, Bejo is shifting its operations from Breda to nearby Dongen, allowing the company to retain access to its existing pool of experienced breeding and technical personnel. The acquisition is now complete and Bejo has begun preparations to commission the facility. Work will include adapting the greenhouses for Bejo’s crops, creating additional speed-breeding cells and expanding office and canteen facilities. The move is scheduled for summer 2027, giving Bejo time to prepare the site for the requirements of its lettuce breeding programme. The company expects the expanded infrastructure to provide greater flexibility for breeding activities while supporting the development of new varieties for growers in its markets. The investment also illustrates how seed companies are increasingly treating breeding infrastructure as a strategic asset rather than simply a research facility. Faster breeding cycles, controlled environments, energy availability and data-driven selection are becoming increasingly important as growers seek varieties capable of delivering consistent performance amid changing production conditions. Dongen facility brings those requirements together in one location. Its combination of expanded greenhouse capacity, speed-breeding infrastructure and renewable-energy assets is intended to give the lettuce programme room to grow without breaking its operational links with the region. With commissioning preparations under way and the relocation planned for 2027, the company is effectively laying the physical foundation for the next phase of its lettuce breeding strategy. ]]> https://www.agrospectrumasia.com/news/47/4661/african-development-bank-approves-5-1-billion-framework-to-tackle-energy-and-fertilizer-crisis.html https://www.agrospectrumasia.com/news/47/4661/african-development-bank-approves-5-1-billion-framework-to-tackle-energy-and-fertilizer-crisis.html Tue, 15 Sep 2026 19:07:43 +0530 The African Development Bank Group has approved a financing framework that could mobilise up to $5.1 billion to help African countries absorb the economic shock from the global energy and fertilizer crisis, as elevated commodity prices and disruptions to international trade routes put renewed pressure on import-dependent economies. The Global Energy and Fertilizer Crisis Response Framework, approved by the Bank’s Board of Directors on September 1, will bring together $4.1 billion in additional lending from the African Development Bank and up to $960 million from the African Development Fund, the Group’s concessional financing arm. The scale of the intervention reflects the growing overlap between energy security, food security and fertilizer availability. Higher energy and fertilizer costs feed directly into agricultural production expenses, while disruptions along major trade corridors can make already expensive inputs harder to source. For countries heavily dependent on imported fuel, food and agricultural inputs, the resulting pressure can quickly move from commodity markets into government budgets, farm economics and household food prices. The Bank said the framework will be demand-driven, with support tailored to individual countries according to their degree of vulnerability. The additional resources will also lift the African Development Bank Group’s 2026 lending target to about $12.7 billion. At the centre of the response is the need to keep critical agricultural and energy supply systems functioning while governments deal with broader macroeconomic pressures. The framework will focus on four areas: macroeconomic stabilisation; protection of food, energy and fertilizer supply systems; support for essential public spending and vulnerable households; and longer-term reforms designed to reduce exposure to external commodity and supply-chain shocks. Fertilizer is a particular priority because disruptions in availability or affordability can quickly translate into lower application rates and weaker crop yields. The framework is expected to provide emergency and trade finance to help keep fertilizer supplies moving to farmers while supporting vulnerable populations and limiting market disruptions. The Bank also plans to support efforts to diversify fertilizer supply chains and develop more locally based production and distribution systems across Africa. That longer-term component is important because the continent’s exposure to international fertilizer markets leaves farmers vulnerable to movements in global prices, freight costs, currency markets and geopolitical disruptions. “The Bank’s new Global Energy and Fertilizer Crisis Response Framework gives us a way to respond to the pressures African farmers are facing as the conflict in the Middle East disrupts global trade,” said Martin Fregene, Officer in Charge Vice President for Agriculture, Human and Social Development. “When fertilizer becomes too expensive or difficult to find, farmers use less and harvests can suffer,” Fregene said. “Access to finance is part of the solution, helping businesses keep fertilizer moving to farmers, while we work to build stronger fertilizer markets and more local supply in Africa.” The emphasis on finance reflects a practical constraint in fertilizer markets: even when product is physically available, businesses across the import, distribution and retail chain require working capital to purchase, transport and hold stocks. Tight financial conditions can therefore amplify a supply shock, particularly in markets where import dependence is high. The Bank said disruptions affecting major maritime corridors are compounding the problem. Longer shipping routes, higher transportation costs and delivery delays can increase the landed cost of commodities and expose vulnerabilities in supply networks that depend on a limited number of international suppliers and trade routes. The new framework is partly modelled on the African Development Bank’s previous COVID-19 Response Facility and African Emergency Food Production Facility. But the institution is positioning the latest intervention as more than an emergency financing mechanism. Alongside immediate support, it is intended to create policy and investment space for reforms that can reduce African economies’ structural exposure to volatile international energy, food and fertilizer markets. That distinction could prove critical for agriculture. Emergency financing can help prevent an immediate supply crunch, but it does not by itself resolve the underlying vulnerabilities created by import dependence. Building diversified sources of fertilizer, strengthening domestic and regional supply chains and improving the ability of businesses to finance inventories could provide a more durable buffer against future disruptions. The framework also places food and energy security within the same policy equation. Energy prices influence fertilizer manufacturing and transportation costs, while fertilizer availability influences agricultural productivity and food prices. A disruption in either market can therefore transmit pressure through the other. For African governments already managing fiscal and external financing constraints, the framework is designed to provide room to protect essential spending and vulnerable households while maintaining critical supply systems. The combination of concessional and non-concessional financing is intended to allow the Bank Group to respond across countries with different levels of financial capacity and vulnerability. The GEFCRF will remain in effect for one year from its September 1 approval date. The African Development Bank Group said it will review the framework before deciding whether to extend it. The immediate test will be whether the financing can move quickly enough through trade and supply chains to prevent fertilizer and energy disruptions from becoming agricultural and food-security shocks. The longer-term measure of success, however, will be whether the programme helps Africa build supply chains that are less exposed to the next global commodity or geopolitical crisis. ]]> https://www.agrospectrumasia.com/news/47/4653/dien-biens-next-agricultural-push-starts-with-54-mn-water-investment.html https://www.agrospectrumasia.com/news/47/4653/dien-biens-next-agricultural-push-starts-with-54-mn-water-investment.html Fri, 11 Sep 2026 18:08:07 +0530 Vietnam and France are putting water infrastructure at the centre of a broader agricultural and climate-resilience push in Dien Bien province, with a financing package worth nearly VND1.39 trillion ($54 million) for an integrated water-resources management project in Tuan Giao district. The financing agreements were exchanged on September 10 at the Élysée Palace in Paris by Vietnamese Minister of Finance Ngo Van Tuan and French Development Agency (AFD) Director General Christophe Lecourtier, in the presence of Vietnamese Party General Secretary and State President To Lam and French President Emmanuel Macron. The project, titled “Integrated Water Resources Management for Livelihoods, Climate Change Adaptation and Socioeconomic Development in Tuan Giao District, Dien Bien Province,” is designed to address a problem that increasingly sits at the intersection of agriculture, infrastructure and climate policy: how to make limited water supplies more reliable while protecting rural economies from drought, erosion and flooding. $45 Million Loan Anchors Water Investment The project will be financed through a $45 million AFD loan, a $1.7 million non-refundable grant from the Water and Natural Resources Management Fund, entrusted to AFD for management, and nearly $12 million in counterpart funding. The AFD loan has an 18-year maturity, including a seven-year grace period. It is denominated in euros and carries an interest rate of six-month EURIBOR plus 0.97 per cent a year. Dien Bien People's Committee is the project owner, with the provincial Department of Agriculture and Environment serving as the implementing agency. The project proposal was approved by the Vietnamese Government in August 2024, followed by provincial approval of the investment policy in December 2024 and formal project approval in June 2025. Water Security Becomes an Agricultural Growth Lever At its core, the project is intended to improve how water is stored, regulated, distributed and used across Tuan Giao. The programme will strengthen water-resource management, regulate supplies between river basins, address drought risks and reduce erosion and flooding. It will also develop connections between water-regulation networks across sub-regions, gradually completing local irrigation infrastructure and improving the operation and management of water resources. The agricultural implications are significant. The project is expected to provide irrigation for 21,000 hectares of agricultural land, creating more reliable conditions for crop production while improving water availability during periods of climatic stress. It is also designed to support a shift towards higher-value, longer-term crops such as macadamia, potentially raising the economic value generated from local farmland and encouraging farmers to move beyond traditional cropping models. That makes the investment more than an infrastructure project. By improving the reliability of water supplies, it seeks to create the conditions for farmers to make longer-term decisions about what they grow and how they invest in their land. 35,000 People to Gain Domestic Water Access The benefits extend beyond agriculture. The project is expected to provide a stable domestic water supply for around 35,000 people, while reducing disaster risks associated with drought, flooding and erosion. Better-connected irrigation and water-regulation systems should also improve the province's ability to manage water across different sub-regions, rather than treating individual water systems as isolated assets. That integrated approach is increasingly important as climate variability places pressure on both agricultural production and rural infrastructure. Climate Adaptation Built Into the Investment The project also carries an environmental objective. By improving water management, rehabilitating degraded hills and strengthening environmental protection, the programme is expected to contribute to climate-change adaptation and greenhouse-gas emissions reduction in Tuan Giao and across Dien Bien province. For a mountainous agricultural region, the underlying proposition is straightforward: stronger water infrastructure can reduce exposure to climate shocks while creating the foundation for more productive and higher-value farming. The Vietnam-France financing therefore places water at the centre of a wider rural-development strategy — linking irrigation, household water security, agricultural diversification and climate resilience in a single investment framework. ]]> https://www.agrospectrumasia.com/news/47/4639/sunshiki-raises-80-mn-to-turn-seaweed-into-scalable-cattle-feed-solution.html https://www.agrospectrumasia.com/news/47/4639/sunshiki-raises-80-mn-to-turn-seaweed-into-scalable-cattle-feed-solution.html Wed, 09 Sep 2026 18:00:54 +0530 Japanese climate-tech start-up Sunshiki has raised ¥80 million in pre-seed funding to scale production and advance the commercialisation of a seaweed-based cattle feed additive designed to significantly reduce methane emissions. The Kochi University spin-out, based in Shibuya, Tokyo, is developing a cattle feed supplement using kagikenori (Asparagopsis taxiformis), a seaweed that has been associated with methane reductions of 49 to 77 per cent in cattle. The funding comes as the livestock industry faces growing pressure to reduce methane emissions without compromising productivity. For Sunshiki, however, the next challenge is less about demonstrating the technology and more about producing the seaweed consistently and economically at commercial scale. The funding will support increased production capacity, research and development for commercialisation and new hiring. The round was structured as convertible preferred stock and was led by the Circular Economy Nature Positive No. 1 Fund, co-managed by SBI Shinsei Corporate Investment and Sumitomo Mitsui Trust Investment, with Hazama Ando also participating. The Real Test Is Scaling Supply Seaweed-based methane reduction has attracted significant attention because of its potential to address one of livestock agriculture’s most difficult climate challenges. But turning laboratory and pilot results into a dependable feed ingredient requires a reliable supply of the underlying seaweed. Sunshiki says its key challenge is developing low-cost, stable cultivation methods that preserve the active compounds responsible for methane reduction. The company has already moved beyond small-scale experimentation, reporting stable output in commercial-scale test tanks, including 7,000-litre land-based systems. That transition is critical. A cattle feed additive cannot become a meaningful emissions-reduction tool if its supply is too expensive, inconsistent or difficult to integrate into existing feed chains. Sunshiki is therefore building capabilities across the production chain, from seaweed seed production to cultivation and optimisation. Its broader Seaweed Platform Initiative also incorporates artificial intelligence-based optimisation, reflecting the company’s effort to make cultivation more predictable and commercially scalable. Japan’s Seaweed Economy Adds Another Dimension The start-up’s ambitions also intersect with Japan’s broader interest in expanding the economic and environmental value of seaweed cultivation. Research and commercial initiatives are increasingly looking at seaweed not only as a source of food and industrial materials but also as a potential tool for carbon management, marine ecosystem restoration and livestock emissions reduction. A related Japanese initiative is testing marine cultivation in Yamakawa Bay, with trials running from August through March 2028. The project is examining the cultivation of seaweed while also linking the activity to fisheries and blue-carbon objectives. For coastal communities, that creates the possibility of an additional revenue stream alongside environmental benefits. For livestock producers, meanwhile, a locally developed seaweed supply chain could eventually support the availability of methane-reducing feed ingredients. From Climate Science To Farm Economics Sunshiki’s investment comes at a point when methane reduction is increasingly moving from a climate-policy discussion towards a commercial question for livestock businesses. The opportunity is significant, but adoption will ultimately depend on more than the headline emissions reduction. Feed manufacturers and cattle producers will need products that can be supplied reliably, incorporated into feeding systems and justified economically. That makes production efficiency a decisive factor. Sunshiki’s move towards larger cultivation tanks and an integrated production platform suggests that the company sees cultivation technology as its core competitive advantage. If it can maintain the active compounds in Asparagopsis taxiformis while bringing production costs down, the business could move from a promising climate technology towards a scalable livestock-input model.   ]]> https://www.agrospectrumasia.com/news/47/4623/chs-and-ocp-north-america-launch-major-initiative-to-strengthen-u-s-fertilizer-supply.html https://www.agrospectrumasia.com/news/47/4623/chs-and-ocp-north-america-launch-major-initiative-to-strengthen-u-s-fertilizer-supply.html Tue, 08 Sep 2026 17:14:19 +0530 CHS, America’s leading farmer-owned cooperative, and OCP North America, a subsidiary of the OCP Group, are taking a major step to strengthen domestic fertilizer production in the United States. Through a proposed joint venture, the two companies are preparing to build and operate a phosphate fertilizer production facility at the Cornerstone Energy Park located in Waggaman, Louisiana. The new plant is expected to produce over 1 million metric tonnes of phosphate-based fertilizer annually and would be the first of its kind constructed in the United States since 1984.  American farmers use phosphate fertilizer to grow the crops that fuel and feed the world. However, phosphate reserves in the country are declining and today the U.S. imports approximately 40 per cent of the phosphate-based fertilizer that is used to meet farmer demand. The potential to bring this new capacity online could reduce U.S. dependency on imported phosphate-based fertilizer by more than 48 per cent, significantly strengthening the domestic fertilizer supply chain.      “This is an exciting moment for American agriculture,” said Jay Debertin, president and CEO of CHS. “As a farmer-owned cooperative, we exist to help farmers succeed. Together with OCP North America, we have the opportunity to build the first phosphate fertilizer plant in the U.S. in more than 40 years. This investment has the potential to create more value for our owners by bringing fertilizer production closer to the American farmer and the cooperative network.” In connection with the proposed joint venture, the OCP Group will supply phosphoric acid to the facility, drawing on its global phosphate expertise and resources. Finished fertilizer products will be distributed through both OCP North America and CHS, which serves cooperatives, retailers and farmers across the United States through its extensive wholesale and retail crop nutrients network. The new fertilizer plant’s expected location within the Cornerstone Energy Park in Waggaman helps ensure access to raw materials and the ability to transport products via the Mississippi River system. “This project represents a milestone in OCP North America’s commitment to serving American agriculture,” said Kevin Kimm, CEO of OCP North America. “Together with CHS, we aim to build lasting infrastructure that strengthens U.S. food security and delivers a reliable, domestically produced supply of the crop nutrients American farmers need.”  Once approved, the project is expected to create approximately 60 permanent, high impact jobs in Jefferson Parish along with 500 construction jobs. The parties estimate that the project will have a total job impact of 924 direct and services-support jobs. This is expected to bring real, positive economic and community impact to the state of Louisiana. Subject to project-related and funding approvals, construction is expected to take up to 24 months. “This announcement by CHS and OCP North America further solidifies the Cornerstone Energy Park and Jefferson Parish as key economic development locations attracting global industry,” said Matthew Sokol, president and CEO of Cornerstone Chemical Company. “As one of the largest employers in Jefferson Parish supporting hundreds of employees who call South Louisiana home, the Energy Park plays an important role in the area economy and the Greater New Orleans region.” The project aligns closely with the U.S. government’s priority to expand U.S. fertilizer production capacity to support America’s farmers. Reflecting this, an application has been submitted for potential funding through the U.S. Department of Agriculture’s Fertilizer Investment & Expansion for Long-term Domestic Supply (FIELDS) program.    In addition to announcing the potential project in Waggaman, CHS and OCP have also committed to charitable giving in the greater New Orleans area. “OCP believes that where we do business, we have a responsibility to invest in the people and communities around us, and we’re proud to stand with CHS in making that commitment to greater New Orleans,” stated Kevin Kimm, CEO of OCP North America. “At CHS, we operate with the value of cooperative spirit, which means we invest in the communities where we live and work,” said Debertin. “We are excited to be joining with OCP to invest in this area as it supports a key role in serving America’s farmers.”  ]]> https://www.agrospectrumasia.com/news/47/4613/viresco-group-launches-queensland-farmland-fund-with-acquisition-of-22000-hectare-queensland-beef-aggregation.html https://www.agrospectrumasia.com/news/47/4613/viresco-group-launches-queensland-farmland-fund-with-acquisition-of-22000-hectare-queensland-beef-aggregation.html Mon, 07 Sep 2026 13:58:08 +0530 Viresco Group, a specialist agricultural investment and asset manager, today announced the launch of its Queensland Farmland Fund, a dedicated strategy for Queensland beef production spanning breeding, backgrounding and finishing. The Fund launches with a cornerstone commitment from an institutional investor, targeting an eventual fund size of A$500 million, and with capital already deployed: the acquisition of Kellys Creek and Pauralos Park, a 22,000 hectare contiguous beef aggregation in Central West Queensland. The world's population is projected to approach 9.7 billion by 2050, while the amount of productive agricultural land available per person continues to decline through urbanisation, water stress and land degradation. Australia sits apart from that trend. It is the world's second-largest beef exporter, backed by a stable political system, secure land title and enforceable property rights, positioning it to supply global protein demand as production constraints tighten elsewhere. Viresco treats farmland and food production more broadly, as a strategic asset class in the same way institutional capital treats energy. Not a passive commodity exposure, but an operating business core to long-term economic security. The Fund's approach centres on integrating the production chain from breeding through to finishing and adopting systems to increase productivity and operating margin. Natural capital revenues sit alongside the livestock platform as a secondary revenue stream, not the basis for the investment case. The launch follows Viresco's recent appointment of Peter Maher as Chair of the Group. Maher is an investment industry veteran who previously oversaw the initial launch of Macquarie’s farmland platform, Paraway. Viresco's senior team combines investment management and governance with hands-on experience operating large-scale agricultural assets across Australasia, Europe and Central Asia, under an operator-led model in which investment management and on-the-ground execution sit within a single team. Quote from Hadyn Craig, Co-Founder and Chief Executive Officer, Viresco Group: “The launch of the Queensland Farmland Fund, alongside the acquisition of Kellys Creek and Pauralos Park, demonstrates the Fund's ability to source, underwrite and execute against institutional-scale opportunities in Queensland beef production. Kellys Creek and Pauralos Park will be run in a way that lifts productivity while improving the condition of the land itself. Securing an aggregation of this quality as our first acquisition reflects the strength of our pipeline and the discipline behind how we deploy capital.” Quote from Griff Williams, Co-founder and Chief Investment Officer, Viresco Group: “The quality of soils, climate profile, extensive infrastructure and scale available in Queensland offer a significant opportunity for the Fund to build a meaningful presence across the beef production value chain and deliver risk-adjusted returns to our investors. Kellys Creek and Pauralos Park is the first step in that build, consistent with the disciplined underwriting approach we apply to every acquisition.” ]]> https://www.agrospectrumasia.com/news/47/4597/eden-research-raises-10-8-mn-as-mevalone-ecovelex-gain-international-approvals.html https://www.agrospectrumasia.com/news/47/4597/eden-research-raises-10-8-mn-as-mevalone-ecovelex-gain-international-approvals.html Wed, 02 Sep 2026 17:28:49 +0530 Eden Research has raised £10.8 million to support the next phase of its biopesticide business as regulatory approvals for its flagship products open new markets and applications. The UK-based sustainable crop-protection company reported revenue of £4.9 million for the 15 months ended March 31, 2026, up from £4.3 million in calendar 2024. Its operating loss widened to £2.9 million from £2.2 million, while cash at the end of the reporting period stood at £1.5 million, compared with £3.7 million previously. The fundraise, completed around the end of the financial period, provided £10.8 million in gross proceeds, with £7.6 million received after March 31. Part of the new capital is being directed toward 2026 field trials for late blight and septoria, two disease areas central to Eden’s pipeline. Regulatory progress has meanwhile expanded the commercial footprint of the company’s products. Mevalone, its leading fungicide, received approval in California for controlling powdery mildew in grapes. France also authorised Mevalone for grape production against downy and powdery mildew, subject to restrictions. Eden sees the French approval as particularly significant because restrictions and bans on some incumbent crop-protection products could create room for alternative solutions. In Italy, 3LOGY, known as Mevalone in most other markets, received approval for use on several additional crops against Botrytis and diseases including powdery mildew and Sclerotinia. The company also secured Chilean regulatory authorisation for Novellus+, an enhanced version of Mevalone. Eden is expanding its distribution network alongside those regulatory gains. Andermatt Kenya has been appointed exclusive distributor for Mevalone in Kenya, while Syngenta Crop Protection has taken on exclusive distribution for professional applications in indoor and outdoor ornamental crops across several European countries and the UK. Ecovelex, Eden’s bird-repellent seed-treatment product, also gained regulatory momentum. Italy granted temporary approval for Ecovelex during the 2025 season for use on maize for the 2026 growing season. The company expects future sales to benefit from additional approvals and temporary authorisations. Beyond crop protection, Eden has signed an agreement with French pharmaceutical laboratory Veto-pharma to supply thymol for bee-health applications in the US. The company also reached a £0.4 million data-access agreement with associate company TerpeneTech covering Eden’s geraniol dossier. The data will support TerpeneTech’s continued role as a notified geraniol supplier under the EU Biocidal Products Regulations. The commercial outlook, however, remains sensitive to weather. Demand for Mevalone is closely linked to disease pressure created by humidity and rainfall during the growing season. Prolonged hot and dry conditions in Europe and the US can reduce disease incidence, shorten treatment windows and lead to lower in-season applications and distributor reorders. Eden said the resulting impact on year-end sales and channel inventories will become clearer later in 2026. The company is also pursuing its next product opportunity. Discussions are continuing with two potential partners for Eden’s insecticide product, with the company expecting to sign an agreement by the end of 2026. Lykele van der Broek, Chairman of Eden Research, highlighted the French Mevalone approval as one of the most commercially important developments during the period. He said the product’s coverage of both downy and powdery mildew could allow Eden to capture a meaningful share of a sizeable market as existing products face restrictions. Corteva Agriscience, Eden’s French partner for Mevalone, is working to establish the product in that market. Van der Broek said the opportunity could become a significant contributor to Eden’s future growth, while pointing to a broader pipeline of opportunities moving toward commercialisation. For Eden, the combination of fresh capital, expanding regulatory clearances and a broader distribution network puts greater emphasis on converting its biopesticide technology into recurring international sales. The immediate challenge will be turning those approvals into market share while navigating weather-driven demand and the timing of distributor stocking cycles. ]]> https://www.agrospectrumasia.com/news/47/4591/bioscouts-next-growth-phase-starts-with-a6-75-mn-raise.html https://www.agrospectrumasia.com/news/47/4591/bioscouts-next-growth-phase-starts-with-a6-75-mn-raise.html Wed, 02 Sep 2026 15:57:40 +0530 Australian agtech company BioScout has raised A$6.75 million in fresh capital to accelerate international expansion of its crop disease-surveillance technology, as growers increasingly look for ways to identify fungal threats before they become costly outbreaks. The latest funding round marks another step in the evolution of the University of Sydney spinout, which has developed an in-field monitoring network designed to detect airborne agricultural pathogens in real time. BioScout says its technology is aimed at addressing a persistent problem in crop production: farmers often have to treat disease risks before they can see them. Fungal disease is estimated to account for around 20 per cent of global food losses each year, while growers collectively spend approximately $25 billion annually on fungicides. BioScout's approach is built around providing earlier information about disease pressure, allowing farmers to make more targeted decisions about when and where crop protection products are required. The company currently has more than 250 sensors operating across five continents. Designed and manufactured at BioScout's facility in Marrickville, Sydney, the units continuously analyse the air for more than 40 airborne agricultural threats. The company says the technology can help growers reduce fungicide spraying costs by up to 50 per cent, with potential savings running into thousands of dollars per hectare depending on the crop and disease pressure. The new capital will support BioScout's international growth and the expansion of its surveillance network to 1,000 sensors by 2029. The ambition is to establish coverage across major agricultural production regions worldwide, creating a larger disease-monitoring network capable of generating increasingly valuable real-time information for growers. The funding round was co-led by Demea Sustainable Investment and Astanor, with additional participation from GrainInnovate, on behalf of the Grains Research and Development Corporation, GrainCorp Ventures, Hort Innovation, Artesian and Division Q. For BioScout, the investment represents a transition from building and validating the technology to scaling its deployment across global agriculture. Its sensors are designed to provide growers with information that can complement conventional crop scouting and weather-based disease forecasting, potentially allowing crop protection decisions to become more precise. The expansion also reflects a broader shift in agriculture toward technologies that can reduce unnecessary input use while maintaining yields. As regulatory pressure, input costs and sustainability expectations reshape crop protection, the ability to identify disease risks earlier could become increasingly important. BioScout's growth illustrates how agricultural technology is moving from simply digitising farm records toward creating continuous streams of field-level biological data. By monitoring what is present in the air around crops, the company is seeking to give growers a clearer picture of disease risk before symptoms become visible in the field. With its latest funding, the company now faces the larger challenge of taking that proposition from hundreds of sensors to a truly global network. If it succeeds, BioScout could turn real-time airborne disease surveillance into a more standard part of crop-management decisions across major agricultural markets. ]]> https://www.agrospectrumasia.com/news/47/4590/china-dairy-firm-invests-51-5-mn-in-new-intelligent-processing-park.html https://www.agrospectrumasia.com/news/47/4590/china-dairy-firm-invests-51-5-mn-in-new-intelligent-processing-park.html Wed, 02 Sep 2026 14:41:37 +0530 Anhui Liangdianshui Dairy Products Co., Ltd. is investing RMB350 million (US$51.55 million) in a new digital and intelligent dairy industrial park in Huaiyuan, Anhui, as the company moves to expand its deep-processing capacity and strengthen its position in China's growing value-added dairy market. The foundation stone for the project was laid on August 18, 2026, at the Huaiyuan Economic Development Zone. The facility will cover about 4.53 hectares, with a total floor area of 53,000 square metres, and will bring together production workshops, cold-chain storage, a digital exhibition centre and supporting office and living facilities. Once fully operational, the park is expected to process 51,000 tonnes of deep-processed dairy products annually, including butter and cheese. The project is projected to generate an annual output value of around RMB710 million ($104.57 million), giving Liangdianshui Dairy a significantly larger platform for developing higher-value dairy products. The investment is part of the company's broader digital and intelligent transformation. Rather than focusing solely on expanding physical production, Liangdianshui Dairy plans to connect research and development, manufacturing, warehousing and sales through digital systems, creating end-to-end control over its operations. The project is being developed around three principles—digital empowerment, intelligent manufacturing and green development—reflecting the changing priorities of China's food-processing industry. For dairy manufacturers, greater digital integration can improve production management, inventory control, traceability and coordination with cold-chain logistics, particularly as companies expand into more specialised product categories. The timing of the investment also reflects a wider opportunity in China's dairy market. Demand for products such as cheese, butter and other deep-processed dairy products continues to grow, but the country remains dependent on imports for some high-end dairy raw materials and products. That dependence has created space for domestic companies to expand processing capabilities and capture a greater share of the value generated further down the dairy chain. The shift is closely linked to China's efforts to revitalise its dairy sector and improve the industry's technological and processing capabilities. As the market matures, increasing milk production alone is no longer the only route to growth. The ability to convert dairy inputs into differentiated, higher-value products is becoming increasingly important for domestic processors. Huaiyuan project represents a bet on that transition. By combining large-scale processing capacity with digital manufacturing and integrated cold-chain infrastructure, the company is positioning the new park as a domestic base for deep-processed dairy products and as a platform for competing in segments where China still has considerable scope for import substitution. ]]> https://www.agrospectrumasia.com/news/47/4582/guizhou-phosphate-moves-to-insulate-fertilizer-production-from-global-sulfur-volatility.html https://www.agrospectrumasia.com/news/47/4582/guizhou-phosphate-moves-to-insulate-fertilizer-production-from-global-sulfur-volatility.html Tue, 01 Sep 2026 16:59:45 +0530 Guizhou Phosphate (Group) Co., Ltd. has secured 73,000 tonnes of sulfur directly from the Middle East, with the shipment arriving at Zhanjiang Port as the Chinese fertilizer industry prepares for the autumn-winter production cycle and the next spring planting season. The shipment is part of a broader strategy by the company to diversify and strengthen its access to sulfur, a critical input for phosphate fertilizer manufacturing. The successful delivery also provides Guizhou Phosphate with operational experience as it moves toward making direct overseas procurement a more regular component of its raw-material sourcing strategy. The sulfur was purchased directly from producers in the Middle East under an international trading arrangement involving direct factory procurement, CIF (Cost, Insurance and Freight) terms and letter-of-credit settlement. The material was transported to China by sea in bulk. The timing of the procurement reflects growing pressure on the global sulfur market. Disruptions affecting major international shipping routes have added to existing supply constraints, intensifying concerns over the availability and cost of sulfur, particularly for fertilizer manufacturers that depend on imported material. For Guizhou Phosphate, securing the 73,000-tonne cargo provides additional inventory cover and strengthens its ability to maintain stable fertilizer production during a period when seasonal demand is expected to increase. Sulfur occupies a critical position in the phosphate fertilizer value chain. It is primarily converted into sulfuric acid, which is then used to process phosphate rock and produce phosphoric acid. The phosphoric acid subsequently reacts with ammonia to manufacture key phosphate fertilizers, including monoammonium phosphate (MAP) and diammonium phosphate (DAP). This makes sulfur more than just another industrial raw material. Its availability directly influences the ability of phosphate fertilizer producers to maintain output. The structure of the global sulfur industry also makes supply security particularly complex. Contrary to the common perception that sulfur is mainly extracted through dedicated mining operations, most of the world's sulfur is recovered as a byproduct of oil refining and natural gas processing. China remains dependent on overseas supplies to bridge the gap between domestic availability and industrial requirements. The country's sulfur import dependence is estimated at approximately 50%, with the Middle East accounting for roughly half of those imports. The Middle East is one of the world's most important sulfur-producing regions, making the region strategically significant for Chinese fertilizer manufacturers. But geopolitical tensions, shipping disruptions and tighter global supply conditions have increased the risks associated with relying heavily on international markets. Sulfur prices have also risen sharply since last year and continue to trade at elevated and volatile levels. For fertilizer producers, sustained price increases can quickly translate into higher production costs, putting pressure on margins and potentially affecting fertilizer availability. Guizhou Phosphate is therefore pursuing a two-track strategy. The first is to strengthen access to international supplies through direct procurement. The second is to reduce its dependence on external sulfur by developing internal recycling and recovery capabilities. At its Fuquan production base, Guizhou Phosphate Chemical is operating a phosphogypsum decomposition sulfuric acid facility that also produces cementitious materials. The unit has an annual processing capacity of approximately 1.4 million tonnes of phosphogypsum and can produce around 650,000 tonnes of sulfuric acid and 800,000 tonnes of cementitious materials. The facility provides the company with an alternative source of sulfuric acid and helps insulate its fertilizer operations from fluctuations in the international sulfur market. More importantly, the technology enables Guizhou Phosphate to establish an internal resource loop. Instead of treating phosphogypsum solely as a byproduct of phosphate production, the company can recover sulfur from the material and convert it back into sulfuric acid. The resulting industrial pathway effectively connects sulfuric acid, phosphoric acid, phosphogypsum and sulfuric acid into a recycling loop within the company's production system. In simple terms, the process recovers sulfur contained in phosphogypsum and converts it back into sulfuric acid, allowing the element to be reused in phosphate fertilizer production. This creates an internal source of sulfuric acid while simultaneously providing a productive use for phosphogypsum. Guizhou Phosphate is expanding this capability. The company is currently constructing two additional phosphogypsum decomposition acid-production units, with the objective of further reducing its exposure to external sulfur supplies. The investment highlights a broader shift in the fertilizer industry, where supply-chain resilience is increasingly being treated as a strategic issue rather than simply a procurement function. Guizhou Phosphate's approach combines the two. Overseas procurement provides immediate access to additional raw materials and helps replenish inventories, while domestic recycling infrastructure offers a longer-term hedge against global sulfur volatility. The strategy is particularly relevant as China's agricultural calendar moves into a period of heightened fertilizer demand. Production preparations for the upcoming autumn-winter application season are gathering pace, while manufacturers are already planning inventories for fertilizer demand associated with next spring's planting cycle. Maintaining reliable access to sulfur will therefore be important not only for individual producers but also for the broader phosphate fertilizer supply chain. The 73,000-tonne shipment gives Guizhou Phosphate additional inventory at a critical point in that cycle. But the company's longer-term strategy suggests that it does not intend to rely solely on imported sulfur to manage future supply risks. Instead, the company is combining global sourcing with domestic resource recovery—using international markets to secure near-term supply while building internal capabilities designed to reduce structural exposure to external raw materials. That model could become increasingly relevant as fertilizer producers confront a more fragmented global commodity landscape. Shipping disruptions, geopolitical tensions and commodity price volatility are making raw-material security an increasingly important component of industrial competitiveness. For Guizhou Phosphate, the immediate priority is clear: ensure that sulfur availability does not become a bottleneck for phosphate fertilizer production during the upcoming agricultural seasons. The Middle East shipment strengthens that near-term position. The company's investment in phosphogypsum-based sulfur recovery, meanwhile, points to a longer-term objective—building a production system in which a greater share of critical sulfur resources can circulate within the industrial chain. Together, the two strategies give Guizhou Phosphate a more diversified approach to sulfur security and demonstrate how fertilizer manufacturers are adapting their supply chains to a more uncertain global market. ]]> https://www.agrospectrumasia.com/news/47/4570/royal-group-brings-in-jiadao-capital-as-it-pursues-bigger-bet-on-buffalo-milk.html https://www.agrospectrumasia.com/news/47/4570/royal-group-brings-in-jiadao-capital-as-it-pursues-bigger-bet-on-buffalo-milk.html Mon, 31 Aug 2026 11:54:49 +0530 Royal Group Co., Ltd. has moved to bring strategic capital into its shareholder base, selling a 5.80 per cent stake to Shenzhen Jiadao Green Low-Carbon Technology Investment Partnership, a vehicle associated with Chinese investor Gong Hongjia and Chen Chunmei. Huang Jiadi, Royal Group’s controlling shareholder and actual controller, signed an agreement on July 30 to transfer 48.2794 million unrestricted tradable shares to the Shenzhen-based partnership at RMB 3.50 per share. The transaction is valued at approximately RMB 169 million. On completion, Jiadao Green Low-Carbon will become a shareholder with more than 5 per cent of Royal Group’s equity. The transaction does not change control of the company. Huang’s shareholding is expected to fall from 25.87 per cent to 20.07 per cent, while he remains Royal Group’s controlling shareholder. Shenzhen Jiadao has committed not to reduce the shares acquired in the transaction for 18 months and is expected to nominate one director to Royal Group’s board. For Royal Group, the deal is more than a routine stake transfer. It is an attempt to bring in an investor with technology, industrial and consumer-market connections at a time when the company is trying to sharpen its focus on buffalo milk and reposition itself in a crowded dairy market. Royal Group occupies an unusual position in China’s listed dairy sector. It is widely identified as the country’s only A-share-listed company with buffalo milk as its core business. That distinction gives it a differentiated product, but it does not remove the commercial challenges facing dairy companies: intense competition, consumer sensitivity to price, rising demands around quality and a market where conventional capacity expansion has become a less reliable route to growth. The company is seeking to respond by developing a more integrated buffalo-milk value chain. Its strategy spans breeding, genetic resources, dairy farming, processing and smart manufacturing. Upstream, Royal Group is working on buffalo germplasm, including a breeding programme built around genetic chips, high-quality embryo introduction and whole-genome breeding. The stated aim is to improve breeding resources and address constraints in the water-buffalo supply chain. In the middle of the value chain, the company is focusing on processing technology, including high-end buffalo-milk purification and stable milk-tea production. The commercial objective is to create higher-value and functional dairy products rather than compete solely on volume in the mass-market milk category. Downstream, Royal Group has been investing in 5G-enabled manufacturing systems intended to improve production efficiency, quality control and operational visibility. The broader plan is to link breeding, farming, processing and manufacturing in one system. That model, however, requires patient capital. Buffalo breeding, genetic-resource development, biomanufacturing and smart-ranch upgrades are long-cycle projects. They involve scientific research, fixed assets, technical teams, animal husbandry, quality control and a period of commercial development before they can materially affect earnings. Royal Group’s decision to bring in Jiadao therefore appears to be based on the expectation that an industrial investor can provide more than funding. The company is looking for access to technology relationships, consumer-market capabilities and broader industrial resources that may help turn its buffalo-milk position into a stronger business. Jiadao Green Low-Carbon is linked to Gong Hongjia and Chen Chunmei. Gong is known in China as an early investor in Hikvision and has built a portfolio across technology, healthcare, biotechnology and industrial businesses. The investment platform’s relevance to Royal Group lies in its potential ability to connect the dairy company with capabilities outside traditional dairy operations. The most immediate potential linkage is in biotechnology and breeding. Royal Group’s buffalo-milk strategy depends partly on better genetics, breeding efficiency and herd quality. Jiadao’s investments and networks in areas such as cell technology, gene-related research and biotechnology could potentially complement the company’s germplasm and breeding ambitions. Another possible area is circular farming and low-carbon livestock management. The Jiadao system’s association with microbial-cycle technologies could be relevant to manure treatment, waste management, nutrient recovery and integrated planting-and-breeding systems. For a dairy company, these are not peripheral concerns. Manure handling, feed, water, energy and land use can affect both environmental performance and operating costs. Digital marketing is also a potential avenue. Royal Group’s buffalo-milk products occupy a premium and differentiated category, making branding, consumer education and targeted distribution especially important. The company may seek support in customer management, digital channels and brand operations as it competes with larger dairy groups that have broader retail reach and more established consumer brands. The transaction price of RMB 3.50 per share represented a premium of approximately 13.27 per cent to Royal Group’s closing price on the trading day before the announcement, according to market reports. That premium has drawn attention because it suggests the incoming investor is taking a long-term view of the company’s underlying assets and potential rather than relying only on short-term share-price movements.  However, strategic investment does not automatically solve operating problems. Royal Group has faced financial pressure in recent years, and media reports have pointed to cumulative losses over a six-year period. The company’s ability to turn its buffalo-milk franchise into sustained value will depend on execution: improving herd quality, controlling production costs, building premium products, expanding distribution and translating technology investment into commercial returns.finance.sina.com The company’s challenge is to prove that buffalo milk can support a durable premium business rather than remain a niche proposition. That will require products with clear differentiation, consistent quality, consumer trust and a distribution model that does not depend excessively on costly promotions or fragmented channels. The board representation planned for Jiadao Green Low-Carbon is therefore important. A director nomination gives the investor a role in major strategic planning and operating decisions, rather than limiting its involvement to a financial position. The 18-month lock-up commitment also signals that the investment is intended to support a medium-term strategy rather than a short-term trade. Royal Group’s story reflects a broader shift in China’s consumer and agricultural businesses. Differentiated agricultural products increasingly need more than capacity and distribution. They need control over biological resources, processing know-how, product development, data systems, brand building and patient capital. For Royal Group, buffalo milk remains the centre of that strategy. The Jiadao transaction gives the company an opportunity to combine a specialised dairy platform with an investor ecosystem spanning technology, biomanufacturing and digital consumer engagement. Whether that combination produces a second growth curve remains uncertain. The deal is still subject to the relevant exchange review and completion procedures. But the transaction gives Royal Group fresh strategic backing as it attempts to move beyond conventional dairy competition and build a more distinctive, technology-led buffalo milk business.   ]]> https://www.agrospectrumasia.com/news/47/4547/fao-at-cop17-pastoralists-are-essential-partners-in-rangeland-restoration.html https://www.agrospectrumasia.com/news/47/4547/fao-at-cop17-pastoralists-are-essential-partners-in-rangeland-restoration.html Wed, 26 Aug 2026 14:19:06 +0530 Restoring rangelands and desert landscapes is central to food security, livelihoods and resilient rural economies, FAO Deputy Director-General Beth Bechdol said on Monday at the 17th Conference of the Parties (COP17) to the UN Convention to Combat Desertification (UNCCD). Some 60 percent of the 1.66 billion hectares of land degraded by unsustainable land use and management are agricultural land, including cropland and pastureland. Reversing just 10 percent of that degradation could feed an additional 154 million people each year, according to FAO. The two-week event aims to mobilize policy action and investment to restore degraded land and sustainably manage land, soils and water, while meeting growing demand for food, feed and fiber. In a keynote speech at the launch of the Rangelands Flagship Initiative, which aims to significantly increase investment to achieve Land Degradation Neutrality, Bechdol said: “Restoration cannot simply mean making degraded land green again. What grows matters. The diversity and quality of grasses, forage and other vegetation matter - for livestock, for biodiversity and for the long-term productivity and health of these ecosystems.” She also emphasized the importance of recognizing pastoralists as partners, leaders and decision-makers in the sustainable management and restoration of rangelands. FAO welcomes the initiative’s three pillars: a shared knowledge agenda, an investment platform to mobilize public and private financing, and a Coalition on Rangelands and Pastoralists to bring key stakeholders around a common vision. FAO has led the International Year of Rangelands and Pastoralists 2026, which has generated significant visibility and momentum. Now it is time to ensure that this momentum endures and leads to investments and partnerships that deliver results for rangeland ecosystems and pastoral communities, Bechdol said. The Great Green Wall Earlier on Monday, Bechdol participated in a high-level side event focused on restoring African landscapes, in particular by scaling up the Great Green Wall initiative across the Sahel, which FAO has supported with practical action on the ground since 2007. The Deputy Director-General highlighted FAO’s leadership of Open DEAL – Data for Environment, Agriculture and Land, the first continental-scale biophysical baseline assessment of land use in Africa. It assessed more than 300,000 sampling points using very high-resolution satellite imagery, identifying 162 million hectares of degraded land in the Sahel Great Green Wall area that require restoration. FAO is working with partners, including the Pan-African Agency of the Great Green Wall, to develop an integrated monitoring and reporting system using advanced technologies to track progress and results, with information accessible to all. Ultimately, delivery depends on finance, but significant technical de-risking can be undertaken even before funding decisions are made, Bechdol noted. FAO’s role, she said, “is to help create the conditions that make capital more likely to move – and more likely to succeed once it does.” ]]> https://www.agrospectrumasia.com/news/47/4541/australia-invests-nearly-5-mn-to-strengthen-fruit-fly-defences-and-protect-horticultural-exports.html https://www.agrospectrumasia.com/news/47/4541/australia-invests-nearly-5-mn-to-strengthen-fruit-fly-defences-and-protect-horticultural-exports.html Wed, 26 Aug 2026 12:46:05 +0530 Australia is stepping up its defence against one of horticulture’s most persistent biosecurity threats, with the Australian and Queensland Governments investing almost $5 million to strengthen fruit fly research, management and export market access. The centrepiece of the initiative is a $4.7 million contribution from the Albanese Government through the Building Resilience to Manage Fruit Fly Package. The funding will support new infrastructure at the Queensland Department of Primary Industries’ Redlands Research Facility, which will house the National Export Market Access Centre for Horticulture. Fruit fly remains a significant challenge for Australia’s horticulture industry, with outbreaks capable of disrupting production, imposing trade restrictions and threatening access to international markets. The new facility is designed to address these risks by strengthening the scientific and technical capabilities needed to manage fruit fly and meet the requirements of importing countries. The investment will deliver new fumigation infrastructure, a netted orchard and dedicated pest management testing areas. Together, these facilities will support research into fruit fly management and help generate the evidence required to maintain and expand horticultural export opportunities. The project also aims to strengthen Australia’s preparedness for exotic fruit fly outbreaks, an increasingly important capability as biosecurity threats become more complex and trade requirements more stringent. By improving research infrastructure and testing capacity, the initiative is expected to reduce the impact of fruit fly-related trade barriers on growers and exporters. Minister for Agriculture, Fisheries and Forestry Julie Collins said strong biosecurity systems were fundamental to the future of Australian agriculture and horticulture. “The Albanese Government has delivered over $2 billion in additional biosecurity resourcing since coming to Government, because a strong biosecurity system underpins a strong horticulture and agriculture industry,” Collins said. She said the $4.7 million investment would strengthen Australia’s fruit fly research capability while helping growers and exporters retain access to valuable overseas markets. “By investing in the infrastructure and scientific capability needed to meet trading partner requirements, we are helping build a more resilient and competitive horticulture sector,” she said. Queensland Minister for Primary Industries Tony Perrett said the project would provide critical support to Queensland’s horticultural producers and exporters. “This project is a critical initiative to protect Queensland’s horticultural industry and support our producers and exporters,” Perrett said, adding that home-grown research and fit-for-purpose facilities would play an important role in securing and growing export markets. The investment reflects a broader shift in agricultural policy, where biosecurity infrastructure is increasingly being viewed not simply as a protective measure but as a foundation for trade competitiveness. For Australia’s horticulture industry, the ability to demonstrate effective pest management and comply with importing-country protocols is closely tied to its capacity to compete in global markets. With the National Export Market Access Centre for Horticulture set to become a hub for fruit fly market access research, the new infrastructure at Redlands is expected to give growers, exporters and researchers a stronger platform to respond to pest threats, manage outbreaks and navigate increasingly demanding international market requirements. As fruit fly continues to pose risks to production and trade, the nearly $5 million investment signals that Australia is placing scientific capability, biosecurity resilience and market access at the centre of its strategy to safeguard the long-term growth of its horticulture sector. ]]> https://www.agrospectrumasia.com/news/47/4536/117-6-mn-climate-fund-targets-mongolias-livestock-and-rural-economy.html https://www.agrospectrumasia.com/news/47/4536/117-6-mn-climate-fund-targets-mongolias-livestock-and-rural-economy.html Tue, 25 Aug 2026 17:03:21 +0530 Mongolia's vast pastoral economy is set to receive a major injection of climate-focused capital as the Asian Development Bank (ADB) and the Green Climate Fund (GCF) launch a new financing vehicle designed to modernise livestock value chains, strengthen rural enterprises and bring more private capital into sustainable agribusiness. The Green Inclusive Regional Agribusiness Fund, or GIRAF, brings together $92.6 million in funding from the Green Climate Fund and an anticipated $25 million in co-financing from commercial banks, creating a potential $117.6 million capital pool for Mongolia's agricultural economy. The initiative is designed to address one of the sector's most persistent challenges: limited access to affordable finance for the herder cooperatives, micro-enterprises and small and medium-sized businesses that form the backbone of rural economic activity. Initial financing is expected to direct $37.5 million towards rural businesses, including $3 million earmarked for direct innovation grants. The broader fund structure combines concessional financing with credit guarantees, aiming to reduce the risks that have traditionally discouraged lenders from expanding their presence in Mongolia's agricultural and rural markets. For Mongolia, where livestock production remains deeply connected to the country's economy, communities and landscape, the financing initiative arrives against a backdrop of mounting climate pressures. Rangeland degradation and increasingly severe weather events are creating new challenges for traditional livestock systems, while rural businesses often face significant barriers when seeking the capital needed to invest in more sustainable and resilient operations. GIRAF is intended to change that equation by lowering the cost of finance and reducing lending risks for businesses and cooperatives willing to adopt sustainable rangeland management and climate-resilient agricultural practices. The model goes beyond simply providing cheaper loans. Preferential access to financing will be linked to commercial structures designed to bring herder communities more directly into organised value chains, potentially creating stronger connections between primary producers, cooperatives, processors and markets. The approach is intended to ensure that climate finance delivers benefits across the supply chain rather than remaining concentrated among larger businesses or financial institutions. A major component of the initiative will be the use of digital monitoring and traceability systems. Remote sensing and geospatial technologies will be deployed to assess the environmental and socioeconomic performance of projects receiving support from the fund. That digital infrastructure is expected to provide lenders and impact investors with measurable data on outcomes including land restoration, carbon sequestration and operational efficiency. For climate finance, the ability to verify results could prove as important as the availability of capital itself. By combining concessional financing with measurable environmental performance, GIRAF is designed to create a structure capable of attracting a broader pool of institutional and commercial investors into Mongolia's rural economy. Over the next decade, the fund aims to support approximately 500 small and medium-sized enterprises and cooperatives, along with 1,000 rural micro-enterprises. The initiative represents a significant attempt to connect three areas that have often developed separately: agricultural finance, climate resilience and digital verification. For rural businesses, the fund could provide access to capital that is both more affordable and better aligned with the realities of climate-exposed agricultural operations. For banks, credit guarantees and digital monitoring could reduce some of the risks associated with lending to smaller enterprises in remote areas. And for investors focused on measurable climate outcomes, the programme creates a framework for tracking the environmental impact of deployed capital. The larger ambition is to build a more resilient livestock and agribusiness economy without disconnecting Mongolia's traditional herding communities from the value they create. By combining public climate finance with commercial banking capital, GIRAF is positioning private-sector participation as a central part of its model. The expected $25 million in bank co-financing also signals an effort to use concessional capital not only as direct funding but as a mechanism for unlocking additional investment. As Mongolia confronts the combined pressures of climate volatility, land degradation and rural financing gaps, the new fund is intended to provide a more integrated response. Its success will ultimately depend on whether it can translate climate finance into commercially viable rural businesses while delivering measurable improvements in land management and resilience. But with a target of reaching 1,500 enterprises and cooperatives over the next decade, the GIRAF initiative represents one of the more ambitious efforts to connect sustainable finance with the transformation of Mongolia's pastoral and agribusiness economy.   ]]> https://www.agrospectrumasia.com/news/47/4532/nigeria-advances-1-bn-sugar-industry-investment-plan-with-chinese-partner.html https://www.agrospectrumasia.com/news/47/4532/nigeria-advances-1-bn-sugar-industry-investment-plan-with-chinese-partner.html Tue, 25 Aug 2026 15:42:55 +0530 Nigeria is preparing a major investment push aimed at strengthening its sugar industry and reducing the country’s long-standing reliance on imported sugar. The Nigerian Sugar Development Council recently said it had assembled an investment pipeline exceeding $1 billion for large-scale sugarcane cultivation and supporting sugar-processing projects, according to Nigerian media reports cited by CCM.Nigeria-Secures-a-1-Billion-Sugar-Industry-EPC-Investment-from-a-Chinese-Company-CCM-Cnchemicals.pdf The initiative comes as Nigeria’s domestic sugar industry remains far below the scale of national demand. The country consumes approximately 1.8 million tonnes of sugar annually, while average domestic production is estimated at only around 40,000 tonnes. The resulting supply gap is largely filled through imports, with more than $1 billion reportedly flowing overseas each year to meet domestic requirements. At the centre of the investment plan is a proposed $1 billion EPC-plus-financing cooperation project being advanced by the Nigerian Sugar Development Council with a Chinese company. The partnership is intended to combine engineering and construction capabilities with project financing, creating a more integrated route for developing sugarcane farms and sugar mills. The two sides signed a memorandum of cooperation in April 2025. The initial plan envisaged the development of sugarcane cultivation bases and related sugar-processing facilities. The first phase is expected to establish a production base with annual sugar output of approximately 100,000 tonnes, with capacity potentially expanded in subsequent stages. The project is designed to combine plantation development with processing infrastructure rather than treating sugarcane cultivation and milling as separate investments. The proposed structure differs from a conventional EPC contract. In addition to undertaking engineering design, procurement and construction, the Chinese partner is expected to participate in project financing. That arrangement could help address one of the main challenges facing large agricultural-industrial projects: the gap between project conception and financial closure. Financing the sugar expansion Alongside the proposed Chinese partnership, the Nigerian Sugar Development Council and the Bank of Industry of Nigeria have established a 10 billion naira Sugar Project Acceleration Fund. The fund is intended to support feasibility studies, project design and early-stage development work for new sugar-industry projects. By helping projects reach a more advanced stage of preparation, the facility could improve their ability to secure financing from commercial banks, development institutions and investment funds. Agricultural infrastructure projects often struggle to attract capital when feasibility work, land assessment, irrigation planning, farm design, logistics and processing requirements remain incomplete. A project-preparation fund can reduce that early-stage risk and create a larger pipeline of investment-ready opportunities. The broader objective is to move the sugar industry from isolated proposals towards a more structured project-development ecosystem. According to the Nigerian Sugar Master Plan 2.0, Nigeria aims to increase domestic sugar production to approximately 2 million tonnes, enough to meet or exceed current consumption of around 1.8 million tonnes. The Nigerian Sugar Development Council estimates that achieving this production target will require several billion dollars of investment across the industry. The funding requirement would cover land development, irrigation, sugarcane cultivation, farm machinery, roads, storage, power, sugar mills and related infrastructure. The proposed $1 billion Chinese cooperation project and the 10 billion naira acceleration fund would therefore represent important components of a much broader national investment requirement. Linking imports to local production Nigeria is also preparing to strengthen the connection between raw-sugar import quotas and domestic production commitments. Under the proposed approach, sugar-refining companies receiving raw-sugar import quotas would be required to submit audited local-production targets and demonstrate actual progress in sugarcane cultivation and sugar-processing projects. The policy would seek to ensure that access to imported raw sugar is linked to measurable investment in domestic agricultural and industrial capacity. Rather than allowing import dependence to remain disconnected from local production, the framework would place greater emphasis on long-term development commitments. The Nigerian Sugar Development Council also plans to use satellite remote sensing and on-site inspections to verify sugarcane cultivation areas and monitor project construction. The approach would represent a shift away from a regulatory system that relies primarily on self-reported information from companies. Satellite-based monitoring could provide independent evidence of cultivated acreage, while field inspections could verify farm infrastructure, processing capacity and construction progress. The effectiveness of the system will depend on the quality of the data, the frequency of verification and the consequences attached to missed production or cultivation commitments. Beyond sugar production Nigeria’s strategy is not limited to producing more sugar. The Nigerian Sugar Development Council is also seeking to develop a broader bioindustry based on sugarcane and its by-products. Potential areas include ethanol, animal feed and power generation. Sugarcane cultivation and milling can generate multiple commercial outputs, including molasses, bagasse, press mud and other biomass streams. Molasses can support ethanol production. Bagasse can provide renewable process heat and electricity. Agricultural residues can potentially support biogas, compressed biogas and other bioenergy applications. Processing by-products can also contribute to animal-feed and fertiliser markets. The development of a sugarcane-based bioindustry could improve the economics of the sugar sector by creating several revenue streams around the same crop. It could also help Nigeria connect agricultural development with energy security, industrialisation and rural employment. For the model to succeed, however, cultivation and processing must be planned as an integrated system. Sugar mills need reliable cane supply, while farmers need dependable procurement, access to inputs, irrigation, technical assistance and timely payment. Large-scale sugar projects also require substantial infrastructure. Roads, water systems, electricity, storage and transport must connect farms with mills and mills with domestic markets. Commercial execution remains the test Nigeria has one of Africa’s larger sugar-consumption markets, but domestic supply capacity remains limited. The opportunity is therefore clear: a successful expansion programme could reduce imports, retain foreign exchange within the country and create new industrial and rural-economy opportunities. The challenge is execution. The proposed $1 billion Chinese cooperation project must be converted from a planned partnership into functioning sugarcane farms, irrigation systems and sugar mills. The 10 billion naira project fund must generate a pipeline of projects capable of reaching financial closure. Domestic production commitments must be independently monitored, and import-linked obligations must be implemented transparently. The production target of approximately 2 million tonnes will require more than new milling capacity. It will require sustained agricultural productivity, reliable cane supply, modern processing, competitive operating costs and access to markets. The bioindustry ambition also requires commercial discipline. Ethanol, animal feed and power generation can improve project returns, but each product needs technology, investment, customers, regulatory approvals and dependable logistics. Nigeria’s sugar strategy is therefore moving from import substitution towards integrated agricultural-industrial development. The proposed Chinese EPC and financing partnership could provide a significant catalyst, while the Sugar Project Acceleration Fund could help create a broader pipeline of investable projects. The outcome will ultimately depend on whether financial commitments translate into cultivated hectares, operating mills and measurable domestic output. If that happens, Nigeria could begin to reduce its dependence on imported sugar while creating a more diversified sugarcane economy built around food, fuel, feed and renewable power. ]]> https://www.agrospectrumasia.com/news/47/4529/queensland-invests-2-mn-in-cattle-breeding-startup-nbryo-to-accelerate-genetic-gains.html https://www.agrospectrumasia.com/news/47/4529/queensland-invests-2-mn-in-cattle-breeding-startup-nbryo-to-accelerate-genetic-gains.html Mon, 24 Aug 2026 17:53:14 +0530 The Queensland Government is investing $2 million in Brisbane-based cattle breeding technology company Nbryo, marking the first investment announced under the state’s $30 million Sowing the Seeds of Farming Innovation Fund. The investment, managed by Queensland Investment Corporation (QIC), will support Nbryo’s efforts to develop and commercialise embryo production technologies designed to accelerate genetic improvement in cattle while making advanced breeding tools more accessible and affordable to producers. Founded in 2024, Nbryo is developing a platform that combines in vitro embryo production with bio-digital and robotic technologies to enable the production of high-quality embryos at scale. The company’s ambition is to compress what would traditionally require years of conventional breeding into a significantly shorter cycle. Its technology platform is designed around the potential to achieve seven years’ worth of breeding progress within a seven-day in-vitro embryo production cycle. The Queensland Government said the investment will help Nbryo move its technology towards commercial deployment and expand access to superior livestock genetics for beef and dairy producers. “Queensland has an incredible opportunity to lead the world in agricultural technology innovation,” said Paul Niven, Chief Executive Officer of Nbryo. “We’re proud to showcase the work being undertaken at Nbryo and the role advanced reproductive technologies can play in helping make better herds faster,” Niven said. “Translating scientific innovation into practical outcomes for cattle farmers is at the core of our mission. Every improvement in reproductive efficiency has the potential to deliver significant benefits for producers, the supply chain and the broader agricultural sector.” Tackling the slow pace of genetic improvement Nbryo is targeting a longstanding challenge in livestock production: the time required to achieve meaningful genetic improvement through conventional breeding. Existing breeding systems can be slow and difficult to scale. In many cases, achieving a 10 per cent improvement in a trait or group of traits can take around seven years, while annual improvement may be limited to approximately 1.5 per cent. Nbryo aims to change that equation by combining advanced reproductive technologies with digital systems and robotics. The company’s platform is designed to increase selection intensity and accuracy while enabling elite embryos to be produced at scale. The approach could allow cattle breeders to identify desirable genetic traits and multiply them more rapidly, potentially shortening breeding cycles and improving the speed at which superior genetics enter commercial herds. For producers, faster genetic progress could translate into improvements in herd performance, productivity and profitability, while also helping reduce the cost and time associated with accessing advanced breeding technologies. First investment under Queensland’s $30 million innovation fundThe Nbryo investment is the first commitment announced through the Queensland Government’s $30 million Sowing the Seeds of Farming Innovation Fund, launched in 2024. The fund was established to make equity investments across multiple stages of business growth and help agricultural technologies move beyond pilot projects into commercially scalable enterprises. The programme is designed to support businesses developing technologies that can deliver measurable improvements across Queensland’s agricultural value chain, including on-farm productivity, profitability and sustainability. QIC is managing the investment using its commercial investment expertise to identify and support innovative businesses with the potential to deliver long-term benefits to Queensland’s primary industries. The investment in Nbryo will help the company expand its technology and improve producers’ access to superior livestock genetics. Government targets $30 billion primary production sector The investment comes as the Queensland Government pursues a target of increasing the value of the state’s primary production sector to $30 billion by 2030. Queensland Primary Industries Minister Tony Perrett said agricultural technology would be critical to achieving that goal. “The Sowing the Seeds of Farming Innovation Fund will help Queensland producers reach this bold goal by getting game-changing technology from concept to on-farm application sooner,” Perrett said. “Queensland is home to almost half Australia’s beef herd, and this investment will help accelerate technologies that improve access to superior genetics, reduce costs and support a more productive and profitable beef and dairy sector,” he added. Perrett, who is also a beef producer, said the technology being developed by Nbryo could help make advanced breeding tools more accessible to producers. “As a beef producer myself, I know how important it is to maximise productivity and make every dollar count,” he said. “Nbryo is developing technology that has the potential to make advanced breeding tools more accessible and affordable for producers, helping them improve herd performance and profitability.” Agriculture innovation moves from lab to farm The Queensland Government sees the Sowing the Seeds of Farming Innovation Fund as a mechanism for closing the gap between scientific research and commercial agricultural applications. Rather than focusing only on early-stage research, the fund is intended to help promising technologies progress towards commercialisation and practical on-farm use. For Nbryo, that means scaling a technology platform that combines reproductive science with automation, digital systems and robotics. The company’s longer-term objective is to make accelerated genetic improvement available to cattle breeders globally, potentially creating a new model for how elite genetics are selected, reproduced and distributed. The ability to produce high-quality embryos at scale could also provide producers with greater access to genetics that might otherwise be difficult or expensive to obtain. Queensland backs technology-led agricultural growth State Minister for Finance, Trade, Employment and Training Ros Bates said the investment reflected the Queensland Government’s broader focus on creating the conditions for agricultural innovation and business growth. “We are backing our primary producers to develop the technology they need to stay at the forefront and continue to grow our agricultural sector,” Bates said. “The Government is creating the conditions for innovation, investment and job creation and supporting the long-term success of Queensland’s primary industries.” The investment in Nbryo gives the Sowing the Seeds of Farming Innovation Fund its first major test in the market, while providing the Brisbane-based startup with capital to advance its reproductive technology platform.   ]]> https://www.agrospectrumasia.com/news/47/4514/basf-invests-millions-in-new-climate-center-to-reinforce-crop-protection-rd.html https://www.agrospectrumasia.com/news/47/4514/basf-invests-millions-in-new-climate-center-to-reinforce-crop-protection-rd.html Fri, 21 Aug 2026 09:15:00 +0530 BASF Agricultural Solutions is putting fresh capital behind one of the less visible but increasingly critical bottlenecks in crop-protection innovation: the ability to generate robust scientific data quickly enough to meet tougher regulatory requirements worldwide. The company is investing a low double-digit million-euro amount in a new Climate Center at its headquarters in Limburgerhof, Germany. Construction has begun, with completion scheduled for the first half of 2027. The facility will house advanced climate chambers capable of precisely controlling environmental conditions for scientific studies, strengthening BASF’s research and regulatory infrastructure for the global registration of crop-protection products. The investment comes as regulatory scrutiny of agricultural chemicals intensifies and demand rises for high-quality, Good Laboratory Practice-compliant ecotoxicology studies. For BASF, the strategic value extends beyond additional laboratory capacity. The Climate Center is designed to give the company greater control over one of the critical steps between discovery and commercialisation: generating reproducible data that can withstand regulatory assessment across markets. Turning climate control into a research advantage Climate chambers may sound like laboratory infrastructure, but their importance lies in the ability to remove variability from biological studies. The new facility will allow researchers to precisely regulate temperature, humidity and light, creating controlled and repeatable conditions for ecotoxicology research. That matters because environmental conditions can influence biological responses. By controlling those variables, BASF expects to improve the reproducibility and scientific robustness of its studies while increasing planning reliability, data quality and research capacity. The facility is therefore being designed around a simple strategic objective: make complex biological research more predictable. As crop-protection development becomes increasingly data intensive, that predictability can translate into greater efficiency in research and regulatory programmes. Regulation is becoming part of the innovation equation The investment also highlights how closely product innovation and regulatory science are now intertwined. Developing a new crop-protection product is no longer simply a chemistry challenge. Companies must generate extensive evidence on efficacy, environmental fate, non-target organisms and other potential impacts before products can reach farmers. The regulatory burden varies across markets, but the direction is broadly towards greater scrutiny and more sophisticated data requirements. BASF’s decision to expand its own controlled research infrastructure suggests that regulatory capability is increasingly becoming a competitive asset for agricultural-input companies. Melanie Bausen-Wiens, Member of the Management Board of BASF Agricultural Solutions in charge of Technology, said the Climate Center is intended to combine research capabilities with enhanced regulatory capacity and help the company bring innovations to farmers more efficiently and in line with evolving requirements. Insect research gets dedicated capacity Some of the facility’s climate chambers will be dedicated to insecticide research. The controlled environments will support the production of insect populations used in early-stage screening and discovery programmes. That capability could become increasingly important as the crop-protection industry searches for new modes of action and more targeted solutions amid resistance concerns and tighter environmental expectations. Maintaining consistent insect populations under controlled conditions can improve the reliability of early-stage testing and help researchers compare potential solutions under repeatable conditions. In other words, the Climate Center is designed not only to support products already moving through regulatory pipelines but also to strengthen the front end of BASF’s future discovery engine. Limburgerhof becomes a bigger strategic asset The investment reinforces BASF’s long-term commitment to its Agricultural Center in Limburgerhof as a global hub for agricultural innovation. The site already plays a central role in BASF’s agricultural research activities. Expanding its infrastructure is intended to strengthen its scientific capabilities and competitiveness while supporting the company’s ability to attract future research talent. The strategic significance is broader than a new building. As agricultural-input companies face rising R&D costs, increasingly complex regulatory pathways and growing demand for evidence-based product development, research infrastructure itself is becoming an important part of the competitive landscape. Companies that can generate high-quality data efficiently may be better positioned to move innovations through development and registration. The industry is under pressure to develop products that are effective against increasingly complex agricultural threats while meeting higher expectations around environmental safety and sustainability. That means the competitive race is increasingly taking place not only in the discovery laboratory, but also in the testing infrastructure that determines how quickly and confidently products can progress. By investing a low double-digit million-euro amount in controlled-environment research at Limburgerhof, BASF is effectively betting that better science infrastructure can shorten uncertainty between innovation and market approval. The Climate Center is scheduled to become operational in the first half of 2027. For BASF, the facility represents more than additional laboratory space. It is an investment in the data, regulatory readiness and research capacity that increasingly determine whether the next generation of crop-protection products can reach farmers at all. ]]> https://www.agrospectrumasia.com/interviews/47/4510/why-indias-next-agritech-wave-will-be-driven-by-value-creation.html https://www.agrospectrumasia.com/interviews/47/4510/why-indias-next-agritech-wave-will-be-driven-by-value-creation.html Thu, 20 Aug 2026 17:37:46 +0530 The Indian agriculture investment story is entering an important new phase. Rather than viewing it simply as a “post-hype” cycle, it may be more accurate to describe it as a post-narrative, value-creation cycle—one where investors are looking beyond market size and technology narratives to assess the fundamentals of building enduring businesses. Capital is certainly not leaving Indian agriculture. Instead, it is moving deeper into the value chain, as reflected in recent fund-raises and institutional interest in companies such as Superplum, Arboreal Bioinnovations, KisaanSay and Pehle Jaisa, alongside the IPO and institutional capital raised by Milky Mist. These developments point to a more discerning investment environment, where differentiated business models and demonstrable value creation are gaining importance. For several years, investors were willing to underwrite large market opportunities, rapid technology adoption and aggressive growth. Today, the questions are far more fundamental: Does the business solve a real problem? Who is willing to pay for that solution? Can customers be acquired efficiently? Are revenues and cash flows predictable? And, ultimately, can technology deliver measurable economic value across the agricultural value chain? In this context, the investment lens is also broadening. Agriculture is no longer being viewed merely through the prism of farm-level opportunities. The larger opportunity lies across an interconnected ecosystem spanning farm mechanisation, rural credit, aquaculture, biotechnology, food processing, logistics and supply chains. In an exclusive interview with AgroSpectrum, Harsh Deodhar, Principal, Enrission India Capital, offers insights into this changing investment landscape. Drawing from Enrission India Capital’s experience and its broader approach to agriculture, Deodhar examines where capital is moving, what investors are demanding from agritech businesses, and why the next phase of growth will be defined less by compelling narratives and more by sustainable economics, execution and measurable value creation. His perspective offers an important takeaway for entrepreneurs and investors alike: the next chapter of Indian agritech may not be about discovering the next big story, but about building businesses that can prove their value. Has Indian agritech entered a post-hype investment cycle? Yes—but I would call it a maturity cycle rather than a correction cycle. The first wave of Indian agritech investing was largely about digitising a fragmented sector. Marketplaces, farmer apps, advisory platforms and digital distribution models attracted significant investor attention. Some of those businesses created tremendous value, but the sector also learned that agricultural technology has a different scaling curve from consumer internet. Agriculture has fragmented customers, seasonal cash flows, working-capital requirements, regulatory dependencies and significant physical-world execution. Technology alone cannot eliminate those realities. It can improve the way the ecosystem functions, but the underlying economics of agriculture still have to work. The numbers tell us that capital has already become more selective. Indian agrifood tech startups raised approximately $940 million across 129 deals in 2023, a 60 per cent decline in funding from 2022, even though deal count remained relatively stable. That is an important distinction: investor interest did not disappear; the price and size of capital changed. I therefore do not see this as investors losing interest in agriculture. Rather, the investment lens has become more sophisticated. Investors are asking deeper questions about the businesses they are backing and the economic value they are creating. At EIC, our evaluation framework today is therefore much more focused on quality of revenue rather than just quantity of revenue. We look at the nature of the revenue, the customer, retention, contribution margins, working-capital requirements and the underlying economics of the business. A company may show rapid top-line growth, but if that growth requires disproportionately higher capital, discounts or customer acquisition costs, the quality of that growth becomes questionable. For us, this value-chain approach can be observed with KiVi. KiVi represents a different part of the same value chain. It works across credit, commerce and distribution for the farm-gate ecosystem. The interesting proposition is not simply “fintech for farmers”; it is the ability to build a technology layer around an existing agricultural economic network. That distinction is important. The opportunity is not necessarily to create an entirely new agricultural behaviour. It can also be about making an existing economic network more efficient. That is the change I see in the market: investors are increasingly asking where the economic surplus is being created and how much of that surplus the startup can capture. The next phase of agritech investment will therefore be less about the strength of the narrative and more about the strength of the underlying business. Where is institutional capital moving next? I expect the next significant wave of institutional capital to move towards businesses that sit between agriculture and industrial-scale value creation. The opportunity is much broader than what has traditionally been classified as agritech. Agriculture is connected to infrastructure, manufacturing, biotechnology, finance, logistics, food processing, energy and the broader biological economy. As investors become more sophisticated, these intersections are becoming increasingly interesting. Three areas particularly interest me. First is agri-infrastructure and mechanisation. India's agricultural productivity cannot be transformed purely through software. Mechanisation, storage, cold chains, logistics, irrigation, processing and supply-chain infrastructure are enormous opportunities. There is a fundamental physical layer to agriculture. Farmers need access to machinery, water, storage and markets. Produce needs to move efficiently from the farm to processors, retailers and consumers. Losses need to be reduced. Productivity needs to improve. Therefore, technology businesses that are enabling these physical assets to operate more efficiently can create significant value. In many cases, the next generation of agricultural technology may be less about an app and more about improving the economics of a physical agricultural process. Second is biologicals and climate-resilient agriculture. There is a growing opportunity around alternative proteins, biological inputs, waste utilisation, carbon efficiency, water efficiency and technologies that improve agricultural productivity without proportionally increasing resource consumption. Our investment in Loopworm is a good illustration. The company operates at the intersection of biotechnology, agriculture, animal nutrition and the circular economy, using insects as a biological platform to create products from agricultural and organic waste. It demonstrates why the future opportunity is not necessarily “agritech” in the traditional sense—it is technology applied to the broader agri-biological economy. This is an important shift in how we think about the sector. Agricultural value creation does not stop at the farm gate. Biological resources, agricultural waste, animal nutrition and alternative production systems can all become part of the investment opportunity. Third is digitally enabled financial and distribution infrastructure. Agriculture remains fundamentally constrained by access to working capital, market linkages and fragmented distribution. Platforms such as KiVi demonstrate that there is substantial opportunity in building the infrastructure through which farmers, FPOs, rural entrepreneurs, lenders and buyers interact. The value here comes from connecting fragmented participants and making transactions more efficient. If technology can reduce friction, improve access to capital or make distribution more predictable, it can create measurable economic value. I also expect aquaculture and allied agriculture to become increasingly important. At EIC, our investment in Fishmongers is an example of this broader approach. The company is building a technology-enabled fish supply chain using IoT-based aquaculture and transportation technologies. Aquaculture illustrates how large the opportunity becomes when we stop defining agriculture narrowly. It has production, biological risk, logistics, cold chains, transportation, quality management and market-linkage requirements. Technology can potentially improve each of these layers. This is agriculture investing expanding beyond the traditional definition of the farm. The larger opportunity, therefore, is the agri-value chain, not just the farm. Are valuations becoming more realistic? Valuation getting more realistic is a healthy sign of maturity for the ecosystem. During the funding boom, some businesses were valued primarily on future potential—large TAMs, user numbers and aggressive growth projections. The market today is much more interested in what I would call quality-adjusted growth. A company growing 100 per cent but consuming significant amounts of capital may be less attractive than a company growing 40–50 per cent with strong contribution margins, high retention and a credible path to profitability. That is particularly relevant in agriculture because scaling often requires working capital and physical execution. The capital required to grow can therefore be materially different from what we see in purely digital businesses. For agriculture in particular, I think investors will increasingly value contribution margin rather than GMV; cash conversion rather than bookings; repeat transactions rather than registered farmers; farmer income or productivity improvement where relevant; working-capital efficiency; customer retention; revenue predictability; and the capital required to reach the next Rs 100 crore of revenue. These metrics tell us much more about the sustainability of a business than headline growth alone. The question is not simply whether a company can grow. The question is how efficiently it can grow. This is also changing the conversation between founders and investors. Founders need to think about capital efficiency from the beginning because the market will increasingly reward businesses that can demonstrate operating leverage. Founders also need to recognise that the objective of a fundraising round is not to maximise valuation at any cost. An unnecessarily high valuation can create a problem in the next round if operating performance does not catch up. A valuation is ultimately a reflection of the business that has been built. If the underlying economics improve, the valuation can follow. The best founders today are building businesses that can earn their next valuation rather than negotiate it. That, in my view, is one of the clearest signs that the ecosystem is maturing. What will successful exits look like? I expect India to see a combination of strategic acquisitions, IPOs and secondary transactions, rather than one dominant exit route. For many agribusinesses, strategic acquisition may actually be more logical than an IPO. Large FMCG companies, food processors, agricultural-input companies, logistics companies, financial institutions and global corporations have strong reasons to acquire technology, distribution networks, brands and intellectual property. The strategic value of an agritech company may therefore extend beyond its standalone financial performance. A larger company may see value in its distribution network, customer relationships, technology, data capabilities, brand or access to a particular agricultural ecosystem. We are already seeing how strategic capital is entering food and agriculture. For example, Temasek invested in Milky Mist ahead of its IPO, while the company has built a large-scale value-added dairy business with significant profitability and distribution. That is instructive because it demonstrates the type of business that can eventually attract multiple pools of capital: a real operating business, with scale, margins, distribution and a credible public-market pathway. Food processing is particularly interesting in this context. India's agricultural exports increased from $34.5 billion in FY20 to $51.1 billion in FY25, while processed food accounted for 20.4 per cent of exports. That suggests the value-creation opportunity is increasingly moving from simply producing agricultural commodities to processing, branding and exporting them. This is a significant opportunity because value addition can fundamentally change the economics of agricultural production. Instead of competing only on the price of a commodity, businesses can build differentiated products, brands and distribution networks. The exit ecosystem will strengthen when more Indian agribusinesses reach institutional scale and when strategic buyers begin viewing startups as acquisition targets rather than merely technology vendors. I also expect secondary transactions to become more relevant as the ecosystem matures. As businesses grow, early investors and founders will have opportunities to partially realise value while allowing companies to bring in larger institutional investors for the next phase of growth. Ultimately, successful exits will come from businesses that have demonstrated that their economic model works at scale. What would make Indian agribusiness truly investable at scale? The biggest requirement is formalisation of the agricultural value chain. India has enormous agricultural output, but the value chain remains fragmented across millions of farmers, intermediaries, traders, processors, financiers and logistics providers. Unity in diversity is an absolute truth for agri-based startups. Every 100 km in India, language changes, habits change, buying patterns change, problem definition changes and hence the agri-economics changes. That makes scaling particularly challenging. Post-pandemic, we have seen a great spike in farm-to-plate startups, and many of these businesses have real value. But scale is a massive challenge. A model that works in one geography or commodity may not automatically work across another. The unit economics can change because of differences in crop patterns, farmer behaviour, logistics, purchasing power, infrastructure and market structures. Technology can connect these participants, but technology alone is not enough. We need better agricultural data infrastructure, stronger FPOs, interoperable digital systems, easier access to institutional credit, improved warehousing and cold-chain infrastructure, predictable regulations and greater adoption of modern processing and logistics. There is encouraging progress. By February 2026, India had registered 10,000 Farmer Producer Organisations, while food-processing initiatives have expanded cold-chain, processing and backward- and forward-linkage infrastructure. Agricultural exports and processed-food exports are also growing. From an investor's perspective, however, the biggest opportunity is to connect these pieces. The agricultural ecosystem has many individual components, but the value is often lost because these components do not interact efficiently. Better connectivity between farmers, FPOs, financial institutions, processors, logistics providers and buyers can unlock significant economic value. This is why our investment philosophy at EIC increasingly looks at the economic infrastructure surrounding agriculture rather than agriculture in isolation. For us, KiVi addresses capital and distribution. Fishmongers addresses aquaculture and supply-chain efficiency. Loopworm looks at biological production and circularity. These may appear to be very different businesses, but they have one thing in common: each attempts to remove a structural inefficiency from the agricultural economy. That is the lens through which we look at opportunities. We are not necessarily looking for businesses that simply call themselves agritech. We are looking for businesses that solve important problems within the agricultural economy and can build scalable, defensible businesses around those solutions. The real opportunity is therefore not simply to build more agritech companies. It is to build the infrastructure, technology, financial systems and businesses that make Indian agriculture more productive, efficient, resilient and globally competitive. That is the transition from venture capital to value creation—and I believe it is only beginning. -- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/4492/petrovietnam-and-afd-forge-partnership-to-accelerate-vietnams-energy-transition.html https://www.agrospectrumasia.com/news/47/4492/petrovietnam-and-afd-forge-partnership-to-accelerate-vietnams-energy-transition.html Tue, 18 Aug 2026 20:56:12 +0530 Petrovietnam and France’s development agency Agence Française de Développement (AFD) have signed a memorandum of understanding to cooperate on energy-transition projects, strengthening the financial and technical foundations for Vietnam’s shift towards a lower-carbon energy system. Supported by the French Government, the European Union and the Team Europe Energy Transition Facility in Vietnam, the partnership is designed to connect Petrovietnam’s industrial and energy capabilities with international expertise, project-development experience and long-term financing. The agreement comes as Vietnam works towards its target of achieving net-zero emissions by 2050, a transition that will require significant investment in clean energy, infrastructure, technology and energy efficiency. From transition targets to investable projects The MoU is intended to move cooperation beyond broad energy-transition objectives towards projects that can be developed, financed and implemented. For Petrovietnam, the partnership provides access to international technical expertise and financing networks while supporting the group’s efforts to strengthen its capabilities in preparing and executing projects aligned with global environmental and social standards. AFD will support the Vietnamese energy group with technical assistance, international best practices and expertise, while helping create pathways to long-term financing for strategically important investments. The cooperation could become particularly relevant as Vietnam expands its clean-energy infrastructure and modernises its power system. European expertise meets Vietnam’s energy ambitions The partnership also reinforces the broader energy-transition relationship between Vietnam, France and the European Union. Energy transition is emerging as a strategic area for Vietnam as the country seeks to improve energy security, upgrade infrastructure and accelerate clean-energy deployment while maintaining economic growth. European companies and institutions bring expertise across several areas relevant to Vietnam’s transition, including offshore wind, electricity grids, system integration, digital technologies, energy efficiency and project engineering. The EU’s Global Gateway strategy provides a broader framework for developing sustainable infrastructure and investment partnerships, creating additional opportunities for cooperation between European institutions and Vietnamese companies. Project preparation becomes a financing priority A major focus of the partnership will be improving the quality and bankability of energy-transition projects. AFD considers robust project preparation essential for attracting financing and ensuring successful implementation. Projects that meet high environmental, social and governance standards can also gain improved access to international sources of capital. For Petrovietnam, developing these capabilities could become increasingly important as the group moves into new energy areas and seeks to diversify its investment portfolio. The partnership is therefore expected to cover not only financing but also project preparation, technical assistance, implementation capabilities and alignment with international sustainability standards. Petrovietnam seeks a larger role in the transition As Vietnam’s national industrial and energy group, Petrovietnam faces the dual challenge of supporting national energy security while adapting its business to the country’s long-term decarbonisation objectives. The company has been developing an energy-transition roadmap with defined priorities and actions and is also expanding its international engagement. The cooperation with AFD is expected to strengthen Petrovietnam’s ability to evaluate and develop energy-transition investments while exposing its project teams to international experience and technical standards. Access to green and long-term financing could also help the group move larger strategic projects from planning into implementation. Financing, technology and execution converge The partnership comes at a time when Vietnam’s energy transition is entering a more investment-intensive phase. Meeting the country’s 2050 net-zero ambition will require more than renewable-energy capacity. It will involve modern power networks, improved system integration, energy efficiency, new technologies and stronger institutional and project-development capabilities. The Petrovietnam-AFD agreement brings these elements together by linking a major domestic energy player with a European development-finance institution. For Petrovietnam, the immediate opportunity lies in turning international expertise and financing access into commercially viable projects. For Vietnam, the broader objective is to build the infrastructure and investment pipeline required to support a more secure and sustainable energy system. The MoU therefore represents a step towards translating Vietnam’s energy-transition ambitions into projects capable of attracting capital, technology and long-term international partnerships. ]]> https://www.agrospectrumasia.com/news/47/4480/ecoceres-sf-group-and-cnaf-launch-saf-programme-to-decarbonise-chinas-air-cargo.html https://www.agrospectrumasia.com/news/47/4480/ecoceres-sf-group-and-cnaf-launch-saf-programme-to-decarbonise-chinas-air-cargo.html Mon, 17 Aug 2026 18:38:08 +0530 EcoCeres has joined forces with SF Group and China National Aviation Fuel Group (CNAF) to launch a commercial sustainable aviation fuel (SAF) fuelling programme aimed at reducing emissions from China’s rapidly expanding air cargo and express logistics sector. The initiative, developed in collaboration with the Second Research Institute of the Civil Aviation Administration of China (CASRI), brings together renewable fuel production, aviation fuel infrastructure and commercial cargo operations. Under the programme, SAF produced by EcoCeres will be blended by CNAF and supplied for outbound freighter flights operated by SF Airlines. The SAF is expected to deliver greenhouse gas emissions reductions of up to 90 per cent compared with conventional jet fuel, highlighting the potential for renewable aviation fuels to play a larger role in reducing emissions from one of the transport sector's hardest-to-abate segments. Ezhou Huahu International Airport in Hubei Province is at the centre of the programme. The airport serves as the principal cargo hub for SF Airlines and is also positioned as a strategic aviation gateway under China's 14th Five-Year Plan for Port Development. Its role in the initiative connects SAF supply with a high-volume commercial air cargo operation, providing a real-world setting for demonstrating the fuel's application at scale. The programme builds on EcoCeres' earlier SAF pilot initiative in China, known as Project Spark. During the pilot, SAF manufactured at the company's Zhangjiagang facility was blended by CNAF and used to fuel commercial flights at Chengdu Shuangliu International Airport. The exercise demonstrated the operational feasibility of moving SAF through the aviation fuel value chain, from production and transportation to blending and final deployment. The latest initiative goes a step further by linking SAF supply directly with recurring cargo demand. By incorporating the fuel into existing aviation infrastructure and commercial flight operations, the partners aim to demonstrate that lower-carbon aviation can be integrated into established logistics systems without requiring an entirely new fuelling network. A further component of the programme is AnchorTrace, an environmental attributes platform jointly developed by CNAF and CASRI. The platform is designed to support the lifecycle tracking, registration and retirement of environmental attributes associated with SAF. The combination of physical fuel deployment and digital environmental attribute management is intended to improve transparency around the emissions benefits generated by SAF use. It also provides a framework for tracking the environmental performance of the fuel across its lifecycle and strengthening the verifiability of emissions-reduction claims. For China's air cargo sector, the initiative comes as express logistics and freight aviation continue to expand while pressure grows to reduce the carbon intensity of transport operations. Aviation remains particularly difficult to decarbonise because of the energy density required for long-distance flight, making drop-in fuels such as SAF an important component of the industry's transition strategy. “This project demonstrates how SAF can pragmatically and efficiently connect renewable fuel producers, aviation fuel infrastructure providers, and cargo operators in a results-oriented way,” said James Tam, co-chairman of EcoCeres. “By integrating SAF into existing aviation fuel systems, we are working together with our partners to build a replicable, scalable and verifiable pathway for lower emissions air cargo development in China.” The partnership also illustrates a broader shift in China's clean-energy transition, where decarbonisation initiatives are increasingly moving beyond pilot projects towards commercial applications that connect technology providers with established industrial and logistics networks. By combining EcoCeres' renewable fuel production capabilities, CNAF's aviation fuel infrastructure, SF Airlines' cargo operations and CASRI's environmental attribute tracking capabilities, the programme establishes an integrated model for SAF deployment. The partners intend to use the initiative to demonstrate how renewable aviation fuel can be incorporated into commercial air cargo operations while maintaining traceability and measurable environmental benefits. As China seeks to lower emissions from hard-to-abate transport sectors, the programme could provide a blueprint for expanding SAF adoption across aviation and express logistics, potentially supporting a broader transition towards lower-carbon air freight. ]]> https://www.agrospectrumasia.com/interviews/47/4466/how-praj-plans-to-scale-2g-ethanol-saf-and-bio-isobutanol.html https://www.agrospectrumasia.com/interviews/47/4466/how-praj-plans-to-scale-2g-ethanol-saf-and-bio-isobutanol.html Fri, 14 Aug 2026 17:45:51 +0530 In an exclusive AgroSpectrum interview, Atul Mulay, President – Bioenergy, Praj Industries Ltd, discusses the company’s growth opportunities beyond E20, including bio-isobutanol, 2G ethanol, sustainable aviation fuel, CBG and green chemicals. He explains why feedstock mapping, low-carbon certification, co-product valorisation and decentralised biomass storage will determine the commercial success of India’s bioenergy transition. Mulay also outlines Praj’s vision of moving beyond biofuels towards an integrated bioeconomy that creates greater value from every tonne of biomass. What is Praj’s next big growth opportunity beyond E20? E20 is a recent milestone, but Praj’s involvement in India’s ethanol journey began much earlier, with the development of the ecosystem around E10. Our approach has never been limited to supplying technology for individual plants. We have worked closely with the wider bioenergy ecosystem, including policymakers, fuel companies, technology partners and industry stakeholders. The ethanol programme has already helped India reduce its dependence on imported fuel and improve foreign-exchange savings. The next phase will require a broader portfolio of molecules and applications. One important opportunity is bio-isobutanol. Praj has been working on this technology for nearly a decade. Isobutanol can be blended with diesel and has properties that make it more suitable for diesel applications than ethanol. India is currently moving towards structured isobutanol-diesel trials, including a planned 2 per cent pilot across commercial vehicles. Praj’s bio-isobutanol technology is moving towards commercialisation, with the first commercial order expected during FY2027. The company is also developing the pathway from ethanol to jet fuel and has demonstrated integrated Alcohol-to-Jet technologies. Praj has worked with Axens to demonstrate ethanol-to-jet production at its SAF facility in Pune, including both ethanol and bio-isobutanol feedstock routes. The company has also worked on biofuel applications for aviation and developed fuel for drones under the relevant US authority framework. These developments show how the ethanol ecosystem can expand into aviation, unmanned mobility, industrial fuels and other high-value applications. CBG is another important area. Praj is working on technologies for converting agricultural and organic waste into renewable gas. But the future of bioenergy will depend on feedstock. Mapping the availability, quality, seasonality and logistics of biomass is essential. Technology, innovation and scale-up will be the three pillars of the next phase. We are also developing second-generation feedstock solutions and working on technologies that can improve the economics of low-carbon molecules. Can 2G ethanol become commercially competitive without subsidies? Yes, but commercial competitiveness will depend on more than ethanol sales. The key is co-product valorisation. Second-generation ethanol made from agricultural residues can have a lower carbon intensity than conventional first-generation ethanol. That can create additional value in markets such as Europe, where demand for low-carbon fuels is growing and lifecycle emissions are increasingly linked to market access. However, 2G plants must be designed as integrated biorefineries. The economics can improve when producers extract value from lignin, carbon dioxide, proteins, chemicals, heat, power and other co-products rather than depending only on ethanol revenue. Praj has been working on this approach for the past four years. The company has explored products such as distilled industrial oils and protein from rice-based feedstocks. These co-products can be used to cross-subsidise ethanol production and improve the overall financial performance of a plant. The objective is to develop a green-molecule platform rather than a single-product facility. A plant that produces ethanol, chemicals, proteins, energy and other materials can generate more value from each tonne of feedstock. Over the next two to three years, the focus will be on commercialisation. Subsidies and capital support may be important during the early development phase, particularly because 2G plants involve high upfront costs and complex feedstock systems. But long-term competitiveness must come from technology performance, scale, carbon value and co-product revenue. What is the biggest bottleneck in scaling India’s SAF industry? Feedstock and carbon-intensity mapping are the biggest challenges. SAF projects require large volumes of sustainable feedstock, but the industry must also be able to demonstrate the carbon footprint of that feedstock. Every tonne of biomass has an associated footprint covering cultivation, collection, transport, processing and conversion. A low-carbon feedstock can produce a more valuable fuel than a feedstock with a higher lifecycle footprint. This is why the industry must develop reliable systems for mapping and certifying carbon intensity. Brazil has already made progress in mapping the carbon intensity of sugarcane feedstock. India will need similar systems for sugarcane, maize, rice residues, paddy straw, bagasse, Napier grass and other biomass sources. Certification and awareness will be important. Farmers, aggregators, transporters, processors and fuel producers must understand how their activities affect the final carbon score. There must also be a price differentiation mechanism. If low-carbon feedstock and high-carbon feedstock receive the same price, there will be little commercial incentive to invest in better practices. Market-based pricing will become increasingly important, but government support is still required during the early phase. Capital assistance covering up to 30 per cent of project costs can help reduce the initial investment burden and attract private capital into SAF production. Praj’s integrated SAF platform is designed to support both ethanol-to-jet and isobutanol-to-jet pathways. This flexibility is important because India will need multiple technologies and feedstocks to build a commercially resilient SAF industry. How can India unlock its massive agricultural-residue potential for biofuels? Agricultural residue is particularly suited to CBG and second-generation biofuel production. India has abundant biomass, but abundance alone does not create a functioning supply chain. Punjab, for example, has the potential to supply a significant share of the feedstock required for large-scale projects. The challenge is that paddy residue is available for a short period during the harvesting season. If it is not collected, baled and stored quickly, it is either burnt or becomes difficult to recover. Storage is therefore as important as collection. India needs decentralised storage systems located close to farms and villages. These facilities can be connected with panchayats, local bodies, aggregators and CBG plants. A decentralised model can reduce transport distances and improve feedstock reliability. Instead of moving loose biomass across long distances, residues can be aggregated, processed and stored at multiple local centres before being transported to larger conversion facilities. The industry also needs digital mapping of biomass. Developers should know where feedstock is located, what quantity is available, when it can be collected, what it will cost and how far it is from the plant. Farmers must also have a clear economic incentive. Collection systems should provide transparent payments and ensure that farmers understand the value of residues. Feedstock aggregation will not succeed if farmers are asked to change practices without receiving a dependable return. Agricultural-residue projects must also be designed around local conditions. Technologies should match the type of biomass, the climate, the logistics network and the expected end product. One standard plant design will not work equally well for every region. Is Praj’s future bigger in biofuels—or in the wider bioeconomy? Aligning with the vision of our Founder and Chairman, Pramod Chaudhari, Biofuels are one part of our agenda on creation of bioeconomy . The larger opportunity lies in building an integrated platform for renewable fuels, chemicals, materials, proteins, energy and agricultural value creation. The vision is to use biomass more efficiently and extract maximum value from every component. Ethanol can become a feedstock for SAF, isobutanol and biochemicals. Agricultural residues can produce CBG, 2G ethanol, lignin and other products. Rice and other crops can generate protein and industrial co-products. Carbon dioxide can become a feedstock for fuels and chemicals. This is why co-product valorisation is so important. It improves the economics of biofuel plants and creates products that can compete in markets beyond energy. The future will also depend on collaboration. Farmers provide feedstock. Technology companies develop conversion systems. Fuel companies create offtake. Policymakers establish standards and incentives. Financial institutions support capital-intensive projects. Customers create demand for low-carbon products. Praj’s role is to build the technology and engineering platforms that connect these stakeholders. The company’s future will therefore be defined not only by ethanol capacity, but by its ability to support the transition towards a low-carbon, circular and commercially viable bioeconomy. India has already built the foundation through ethanol blending. The next phase will require a much wider system—one that includes advanced biofuels, SAF, CBG, isobutanol, green chemicals, feedstock mapping and co-product markets. The opportunity beyond E20 is not simply to produce more fuel. It is to create more value from every tonne of biomass. -- Suchetana Choudhury (suchetana.choudhuri@agropsectrumindia.com)   ]]> https://www.agrospectrumasia.com/news/47/4450/air-canada-and-airbus-plan-c13-7-mn-platform-to-accelerate-canadian-saf-production.html https://www.agrospectrumasia.com/news/47/4450/air-canada-and-airbus-plan-c13-7-mn-platform-to-accelerate-canadian-saf-production.html Mon, 10 Aug 2026 19:24:45 +0530 Air Canada and Airbus are planning to establish a jointly funded Sustainability Co-Investment Platform to accelerate the development of a commercial-scale sustainable aviation fuel (SAF) industry in Canada. The two aviation companies intend to invest up to approximately C$13.7 million, equivalent to about US$10 million, through the platform. The investment will support SAF innovation and production and help advance a jointly selected Canadian project towards a Final Investment Decision.agfunder The announcement marks a new phase in the companies’ wider efforts to reduce aviation’s lifecycle carbon emissions. SAF is widely viewed as one of the most important near- and medium-term tools for decarbonising aviation because it can be used in existing aircraft and airport fuel infrastructure, subject to applicable technical and regulatory requirements. Air Canada and Airbus said the investment could act as a catalyst for a broader Canadian SAF ecosystem if supported by an appropriate public policy framework. Canada has significant potential feedstock resources, including agricultural and forestry residues, municipal waste, used cooking oil and other renewable materials that could be converted into lower-carbon aviation fuel. The partners will continue working with federal and provincial governments to establish the regulatory, financial and market conditions needed to support production at scale. Their engagement with the Canadian Council for Sustainable Aviation Fuels (C-SAF) is intended to help align private-sector investment with policy measures that can improve SAF availability, affordability and long-term competitiveness. Valerie Durand, vice-president of airport affairs, corporate real estate and sustainability at Air Canada, said the initiative marks meaningful progress in the airline’s energy transition efforts. “Through this joint initiative with Airbus, we are taking meaningful steps toward supporting domestic SAF production, helping corporate customers address the emissions associated with business travel, and contributing to a lower‑carbon path for the industry. With continued industry collaboration and a supportive policy environment, we are confident this momentum can accelerate.” Julie Kitcher, Airbus chief sustainability officer and Communications, highlighted the long-term nature of the challenge. “Decarbonising aviation will require deep industry collaboration and decades of investment in new sources of renewable energy. “By launching this co‑investment platform and making a long‑term commitment to Air Canada’s Leave Less Travel Programme, we will help to stimulate the production of, and demand for, SAF in Canada.” Alongside the investment platform, Airbus has signed a five-year agreement with Air Canada’s Leave Less Travel Programme. Under the arrangement, Airbus will purchase SAF environmental attributes associated with an initial allocation of more than 60,000 litres of SAF. Air Canada will track the greenhouse gas emissions associated with Airbus’ corporate travel and retire verified SAF environmental attributes on Airbus’ behalf. The arrangement is designed to help address the lifecycle emissions linked to business travel while creating an additional source of demand for SAF. The companies emphasised that the corporate travel arrangement is intended to complement, rather than replace, direct emissions reductions within the aviation sector. By combining project investment with a demand-side mechanism, the partnership aims to address two of the principal barriers to SAF development: limited production capacity and insufficient long-term demand. For Canada, the proposed platform could support the development of domestic expertise across feedstock collection, fuel conversion, certification, logistics and airport distribution. A domestic SAF industry could also create opportunities for farmers, forestry operators, waste-management companies, technology providers and energy producers. The initiative comes as airlines and aircraft manufacturers face growing pressure to reduce emissions while continuing to meet demand for air travel. SAF production remains constrained globally by high costs, limited supply and competition for sustainable feedstocks. Long-term offtake commitments, public incentives and early-stage investment are therefore becoming increasingly important in helping projects reach commercial scale. The immediate focus for Air Canada and Airbus will be to identify and advance a Canadian SAF project towards a final investment decision. The success of the platform will depend on the project’s feedstock availability, technology readiness, financing structure, regulatory approvals and ability to produce fuel at a competitive cost. The partners’ approach reflects a broader shift in aviation sustainability strategy—from purchasing environmental attributes to helping build the infrastructure and supply chains required to produce lower-carbon fuel. If the initiative secures the necessary public and private-sector support, it could help position Canada as a significant SAF producer and strengthen the country’s role in the global aviation energy transition. ]]> https://www.agrospectrumasia.com/news/47/4433/x-caliber-closes-25-mn-usda-loan-for-plantible-foods-expansion.html https://www.agrospectrumasia.com/news/47/4433/x-caliber-closes-25-mn-usda-loan-for-plantible-foods-expansion.html Fri, 07 Aug 2026 14:17:10 +0530 Plant-based ingredient innovator Plantible Foods has secured a $25 million USDA OneRD Business & Industry Guaranteed Loan—the maximum financing available under the federal program—to significantly expand its commercial production footprint in Texas, underscoring growing public-sector support for next-generation sustainable food manufacturing. The financing, arranged by X-Caliber Rural Capital (XRC), a licensed USDA OneRD lender and affiliate of X-Caliber Capital Holdings, will fund the expansion of Plantible's Ranchito production facility in Eldorado, Texas. The project will add up to 50 commercial greenhouses, increasing the company's annual production capacity for its flagship Rubi Protein™ ingredient to more than 1,000 metric tons. The investment comes as demand accelerates for sustainable, functional plant proteins capable of meeting food manufacturers' clean-label, nutritional and environmental objectives. Plantible has built its proprietary platform around Lemna (water lentils), transforming the aquatic plant into high-value functional ingredients through a controlled cultivation and processing system. Unlike conventional plant proteins, Plantible's Rubi Protein delivers a complete amino acid profile, vitamin B12, neutral flavor characteristics and no known allergens, positioning it as a differentiated ingredient for the rapidly evolving alternative protein market. The USDA Business & Industry Guaranteed Loan Program is designed to expand access to capital for businesses operating in eligible rural communities by providing federal loan guarantees that encourage private lending. The program supports projects that generate employment, attract private investment and strengthen rural economic development. "Plantible represents exactly the type of company the USDA Business & Industry Guaranteed Loan Program was designed to support—an innovative business with proven technology, strong leadership and a meaningful commitment to rural communities," said Anna West, President of X-Caliber Rural Capital. "Providing the maximum financing available under the program demonstrates how USDA lending can help businesses secure the capital they need to scale operations, create jobs and generate long-term economic opportunity in rural America." The expansion is expected to substantially increase domestic production of advanced plant-based food ingredients while generating new employment opportunities across Schleicher County. Beyond construction activity, the project is anticipated to strengthen the regional manufacturing ecosystem through increased demand for local suppliers, contractors and skilled technical talent. X-Caliber Rural Capital structured the financing to align with Plantible's long-term commercial growth strategy while advancing the USDA's broader mission of promoting investment in rural America. "Plantible has built an impressive platform with a clear commercial growth strategy, and we were able to structure financing that aligned with the company's long-term objectives," said Shaun Stehr, Vice President at X-Caliber Rural Capital. Founded by Dutch entrepreneurs Tony Martens and Maurits van de Ven, Plantible has developed a proprietary production platform that converts water lentils into functional food ingredients through controlled greenhouse cultivation. The company operates its commercial manufacturing facility in Eldorado, Texas, while maintaining its headquarters and research and development center in San Marcos, California. "This financing represents an important milestone for Plantible as we continue scaling our operations in Eldorado," said Tony Martens, Co-Founder and CEO of Plantible Foods. "The expansion will enable us to better serve our customers while continuing to invest in the community where we have built our manufacturing operations." Plantible has also achieved a significant regulatory milestone, becoming the first company to receive an FDA 'No Questions' letter for isolated RuBisCO protein, providing additional validation for its flagship ingredient as commercialization accelerates. The transaction further highlights increasing collaboration between government-backed financing programs and private capital to accelerate innovation-led manufacturing, particularly in rural communities where advanced agricultural technologies are creating new opportunities for domestic food production, employment and sustainable economic development. ]]> https://www.agrospectrumasia.com/news/47/4413/upstream-biotechnology-secures-seed-funding-to-advance-stress-responsive-crop-protection-platform.html https://www.agrospectrumasia.com/news/47/4413/upstream-biotechnology-secures-seed-funding-to-advance-stress-responsive-crop-protection-platform.html Tue, 04 Aug 2026 15:12:37 +0530 Upstream Biotechnology has raised seed funding to accelerate the development of its proprietary SwitchBlade platform, a next-generation crop biotechnology designed to strengthen disease resistance while preserving plant productivity under normal growing conditions. The financing round was led by LeVert Ventures, with participation from Corteva, through its Corteva Catalyst investment platform, alongside Silver Blue, Middleland Capital's VTC Ventures, and other investors. The company did not disclose the financial terms of the investment. The North Carolina-based agricultural biotechnology company plans to use the capital to advance research and validation of the SwitchBlade platform across major row and specialty crops, expand its intellectual property portfolio and deepen collaborations with seed industry partners. Unlike conventional approaches that keep plant defence mechanisms permanently activated—often resulting in reduced growth and lower yields—SwitchBlade is engineered to activate protective traits only when plants encounter disease or environmental stress. By regulating protein translation rather than continuous gene expression, the technology aims to improve crop resilience without the productivity penalties commonly associated with constitutive defence systems. The platform addresses one of the most persistent challenges in agricultural biotechnology: balancing stronger disease resistance with sustained crop performance under field conditions. Founded on research originating from Duke University, Upstream Biotechnology is building its technology around decades of scientific work on plant immunity, systemic acquired resistance and inducible defence pathways. The company believes this approach could provide a broadly applicable trait platform for seed companies seeking more efficient disease-resistance technologies. The company has already demonstrated proof of concept for SwitchBlade across multiple crop systems and is advancing development programmes in soybean, corn, rice and several additional crops. Future validation efforts will focus on demonstrating the platform's commercial value across diverse production environments. The investment also highlights growing investor interest in enabling technologies that improve crop resilience amid rising disease pressure, climate variability and increasing demand for sustainable agricultural productivity. Rather than developing traits for individual crops, Upstream is positioning SwitchBlade as a platform technology that could be integrated into multiple seed portfolios. As global agriculture faces mounting pressure to improve productivity while reducing crop losses, inducible gene-regulation technologies are emerging as a promising frontier in next-generation crop protection, offering growers new tools to safeguard yields without sacrificing plant performance. ]]> https://www.agrospectrumasia.com/news/47/4398/quercus-biosolutions-closes-oversubscribed-5-mn-seed-round-to-build-new-category-of-ai-designed-crop-protection.html https://www.agrospectrumasia.com/news/47/4398/quercus-biosolutions-closes-oversubscribed-5-mn-seed-round-to-build-new-category-of-ai-designed-crop-protection.html Fri, 31 Jul 2026 17:01:58 +0530 Quercus Biosolutions, an agricultural biotechnology company using generative AI to build a new class of crop protection compounds, today announced the close of its oversubscribed $5 million seed financing. The round was led by Serra Ventures, with participation from Starshot Capital, Grantham Foundation for the Protection of the Environment, Flyover Capital, Rootstock Capital, Iowa Corn Opportunities Fund, Agricap Fund, Kentucky Corn Plus, Ag Ventures Alliance, Ag Startup Engine, and others.The syndicate was assembled deliberately, pairing investors who can judge the technology with investors who answer to the growers who will use it. On one side are technology and climate funds with experience in AI-enabled platforms and science-based ventures. On the other are producer-backed funds that represent the voice of the farmer and the commercial reality of what growers need in the field. The financing follows the company’s emergence from stealth in March 2025. Crop protection is a roughly $80 billion global market on track to exceed $100 billion by 2030. Herbicides are its largest segment, more than 40 percent of the total, and weed control is where resistance pressure has advanced furthest. Growers in major row crop systems have watched their most dependable options narrow season by season, while the alternatives that promise a cleaner profile have not consistently matched the efficacy legacy tools have delivered. That gap, between the performance growers expect and what regulators and food markets increasingly require, is where Quercus has chosen to start, on a platform built to extend across crop protection. Owing to the practices at the center of regenerative agriculture - cover cropping and no-till among them - depend on reliable weed control, closing it carries consequences well beyond the farm gate.Quercus designs its compounds using generative AI, engineering mini-proteins to bind validated biological targets with the efficacy and cost structure of chemistry. These designed mini-proteins are a new class of crop protection compounds, and they are the basis for the category the company is building. The generative design platform behind them carries a track record from well beyond agriculture: more than $30 million of development investment to date, and validated mini-proteins produced across multiple industries and applications. Because the active ingredient is a protein, it is designed to break down in the environment and to carry a favorable regulatory profile; and because the compounds are a fundamentally new modality, they can be directed at targets that fall outside existing resistance groups, giving growers a way to stay ahead while sitting alongside the chemistry already in their programs. The seed capital gives Quercus room to advance on several fronts at once, including regulatory and field work across a portfolio that now includes more than five active programs, and building toward what it intends to be the platform of choice for designed crop protection. It plans to pursue multiple routes to market, and the financing provides the powder to establish a series of strategic partnerships, beginning with pilot programs alongside major strategics in the herbicide category. “Growers are facing steady resistance pressure across the tools they depend on, and they need new modes of action to stay ahead of it,” said Dr. Jon Lightner, CEO and Co-Founder of Quercus Biosolutions. “We are not asking them to make tradeoffs. We are developing products to perform at the level of the best chemistry on cost and in the field, with a favorable environmental and regulatory profile. The need is real, and we are building fast to meet it.” “We led this round due to the rare combination of a genuinely differentiated platform, a significant market opportunity desperate for innovation, a team that has built and scaled high-value enterprises in this space before, and an advisory bench as strong as any we have seen at this stage,” said Rob Schultz, Managing Partner at Serra Ventures.“So far, most of the value created by AI has stayed on a screen,” said Dan Kerr, Managing Partner at Flyover Capital. “Quercus takes generative design into the field and turns it into a physical product a grower can put on an acre. The advantage compounds: every program sharpens the platform and adds to the IP behind it, which makes it far harder to copy than software. That is where the next generation of durable AI companies gets built, and Quercus is at the leading edge of it.” “Every so often, a technology redefines what’s possible,” said Matt Crisp, Executive Chairman and Co-Founder of Quercus Biosolutions. “We believe this platform is one of those rare inflection points for agriculture. As it compounds with every program, it creates the kind of enduring advantage that gives rise to an entirely new category.” ]]> https://www.agrospectrumasia.com/news/47/4385/renaissance-bioscience-receives-genome-bc-funding-to-extend-rnai-biopesticide-platform-to-target-soil-dwelling-crop-pests.html https://www.agrospectrumasia.com/news/47/4385/renaissance-bioscience-receives-genome-bc-funding-to-extend-rnai-biopesticide-platform-to-target-soil-dwelling-crop-pests.html Thu, 30 Jul 2026 13:24:54 +0530 Renaissance BioScience Corp., a global leader in yeast bioengineering providing solutions for environmental and industrial challenges in the agriculture, food, animal and human health, and energy industries, is pleased to announce a new Genome BC funded project to extend the reach of its yeast-based RNA interference (RNAi) biopesticide technology from above-ground insect pests to target soil-dwelling crop pests, beginning with destructive wireworms. The project will advance the development of a precision biopesticide against wireworms and represents a significant new application for the company's proprietary RNAi technology.  Opening the Door to Below-Ground Pest Control Renaissance has successfully focused its RNAi technology on insect pests that feed on plant foliage. The wireworm project represents the company's first effort to adapt its hardy, yeast-based RNAi protection and delivery technology to pests that live and feed below the soil surface. This represents a fundamentally different technical challenge that, if successful, could significantly expand the number of insect targets and crop protection applications that RNAi biopesticides can address. Combined with advanced formulation technologies, Renaissance's yeast-based delivery platform will protect RNAi in the challenging soil environment while promoting ingestion by wireworms, overcoming key barriers to effective soil-applied RNAi biopesticides. Wireworms are the soil-dwelling larvae of click beetles and are among agriculture's most persistent and destructive insect pests, damaging dozens of economically important crops. Globally, they are a significant pest to potatoes, root vegetables, corn and cereals. Living underground for several years, they feed on germinating seeds and seedlings, often destroying stands before crops emerge, and continue feeding on roots and tubers through the growing season, making them especially difficult to detect and control. The project will focus on developing a precision RNAi biopesticide targeting Agriotes species of wireworms, one of the world's most economically important soil-dwelling crop pests, responsible for substantial crop losses in Europe, North America, and other key agricultural markets. By identifying genes essential for survival that are conserved across two Agriotes species, Renaissance aims to develop a targeted solution capable of controlling more than one species with a single product. “Wireworms are one of agriculture's most challenging insect pests because they spend up to five years as larvae below ground, where conventional control options are limited,” said Dr. John Husnik, co-CEO and Chief Scientific Officer of Renaissance BioScience. He added, “Beyond developing a solution for wireworms, this project is strategically important because it will help determine how our yeast-based RNAi platform can be successfully extended from leaf-feeding insects to also target soil-dwelling pests. Wireworms are just the beginning. If we can successfully adapt our technology for below-ground pests, it opens the door to developing precision biopesticides for an entirely new range of economically costly agricultural pests.” Expanding the Commercial Applications of Renaissance's RNAi Platform The wireworm program builds on Renaissance's growing portfolio of RNAi-based crop protection technologies, complementing the company's ongoing development of precision biopesticides for other damaging agricultural insect pests. Owing to the underlying RNAi yeast platform has already demonstrated promise against above-ground pests, Renaissance believes this project could establish the foundation for future RNAi products targeting a broad range of economically important soil-dwelling insects and larvae. Successfully extending the technology below ground would represent a significant platform advance, opening new opportunities across multiple crops and agricultural markets while supporting the growing demand for environmentally sustainable alternatives to conventional chemical pesticides. “This support from Genome BC recognizes the tremendous potential of precision biological technologies to transform sustainable agriculture, and we appreciate their support and vision,” added Dr. Husnik. “Our goal is to provide growers with a new tool for managing wireworms while expanding the capabilities of our yeast platform to address an entirely new category of agricultural pests.” ]]> https://www.agrospectrumasia.com/news/47/4378/hunan-haili-investments-rmb-230-million-in-new-glufosinate-ammonium-facility-to-expand-mainstream-herbicide-footprint.html https://www.agrospectrumasia.com/news/47/4378/hunan-haili-investments-rmb-230-million-in-new-glufosinate-ammonium-facility-to-expand-mainstream-herbicide-footprint.html Wed, 29 Jul 2026 16:09:37 +0530 In a strategic move to optimize its chemical product portfolio and gain a stronger foothold in the mainstream herbicide market, Hunan Haili Chemical Industry Co., Ltd. announced on July 27, 2026, a substantial investment in a new production facility. The company plans to pivot toward glufosinate-ammonium as its primary growth driver, establishing a major manufacturing hub to enhance operational efficiency and diversify revenue streams. The project will be executed through Hunan Haili’s wholly-owned subsidiary, Hunan Haili Yongxing Technology Co., Ltd., located within the Xiangyindu Chemical Industrial Zone of the Yongxing Economic Development Zone. Backed by an estimated investment of RMB 230.0861 million, the planned facility will have an annual production capacity of 10,000 tonnes. Construction is scheduled to span 18 months, focusing on manufacturing glufosinate-P technical concentrate (TK), glufosinate-P soluble concentrate, and related formulation products. Company leadership underscored that the capital expenditure aligns with Hunan Haili’s long-term vision of innovation-driven, leapfrog development. By establishing dedicated production for high-demand herbicide active ingredients, Hunan Haili aims to overcome current operational bottlenecks, enrich its product offerings, and improve overall profit margins within an increasingly competitive global agrochemical market. ]]> https://www.agrospectrumasia.com/news/47/4346/village-capital-launches-innovative-capital-facility-for-early-stage-companies-in-northwest-arkansas.html https://www.agrospectrumasia.com/news/47/4346/village-capital-launches-innovative-capital-facility-for-early-stage-companies-in-northwest-arkansas.html Fri, 24 Jul 2026 08:55:34 +0530 Village Capital has announced the launch of the VilCap Innovative Capital Facility NWA, an investment facility supported by the Walton Family Foundation. The Facility will invest in early-stage, scalable companies across Northwest Arkansas using financing structures aligned with their unique stage of growth. Many early-stage companies struggle to access capital because they do not fit neatly into traditional financing models. They may be too early for bank financing, need more support than grants or personal networks can offer, or find that venture capital isn't a fit — either because they don't meet the growth profile it requires, or because they don't want to give up the ownership and control it entails. The VilCap Innovative Capital Facility NWA is designed to fill this gap by matching financing to each company’s stage, business model, and growth trajectory. Through the Facility, Village Capital will make approximately five investments using revenue-based financing, including redeemable equity and revenue-based loans, which tie repayments to company performance rather than fixed repayment schedules. This approach gives founders greater flexibility while allowing businesses to grow sustainably. “Northwest Arkansas is home to a thriving entrepreneurial ecosystem, with founders building solutions across supply chain, food systems, health, and beyond,” said Heather Matranga, Managing Director, Venture & Investments, at Village Capital. “This Facility is designed to align capital with business needs, helping founders build stronger companies while creating lasting value for their communities.” Village Capital is committed to partnering with local organizations that are deeply embedded in Northwest Arkansas to bring market expertise into the investment process, identify strong investment opportunities, and build awareness around revenue-based financing instruments. The Facility will also generate research on the region’s financing landscape to help attract additional flexible capital over time. Early-stage, growing companies in NWA are encouraged to apply. The Facility is offering up to $ 150K to businesses with at least $ 100K in annual revenue. ]]> https://www.agrospectrumasia.com/news/47/4345/acumens-araf-secures-90-mn-to-expand-climate-resilient-agriculture-investments-across-africa.html https://www.agrospectrumasia.com/news/47/4345/acumens-araf-secures-90-mn-to-expand-climate-resilient-agriculture-investments-across-africa.html Fri, 24 Jul 2026 08:41:48 +0530 Acumen's Acumen Resilient Agriculture Fund (ARAF) has secured US$90 million in new committed capital to expand investments in climate-resilient agribusinesses across Africa, strengthening support for smallholder farmers facing increasing climate-related risks. The latest fundraising marks the next phase of ARAF's investment strategy, building on the fund launched in 2020 as the world's first equity vehicle dedicated to strengthening the climate resilience of smallholder farmers. The additional capital will enable the fund to broaden its footprint beyond East and West Africa into North Africa while backing businesses that help farmers adapt to a changing climate. The new commitments are backed by a consortium of development finance institutions and impact investors, including returning investors Green Climate Fund (GCF), FMO and Proparco, alongside new partners Swedfund, BIO, FASA and a family office investor. ARAF invests in high-growth agricultural and food businesses that improve farmers' access to finance, quality inputs, markets, technology and climate-smart farming solutions. The fund targets enterprises capable of delivering both commercial returns and measurable social and environmental impact across Africa's agricultural value chains. Since its launch, ARAF has invested in 12 portfolio companies, directly reaching more than three million smallholder farmers across Africa. According to the fund, over 80 per cent of participating farmers have reported improvements in both farm incomes and crop yields. With the additional capital, ARAF aims to extend its direct impact to at least four million more farmers in the coming years. Smallholder farmers produce nearly 80 per cent of Africa's food supply but remain among the most vulnerable to climate-related disruptions, including prolonged droughts, floods and increasingly erratic rainfall. Limited access to financing, agricultural inputs, advisory services and reliable markets has further constrained their ability to adapt, creating significant risks for regional food security and rural livelihoods. By investing in scalable agribusinesses that provide climate adaptation solutions, ARAF seeks to strengthen the resilience of agricultural production while improving income opportunities for farming communities. The fund's blended finance model is also designed to attract private investment into climate-smart agriculture, an area that continues to face a significant financing gap despite growing demand. The latest capital raise reflects increasing confidence among development finance institutions that climate adaptation in agriculture can deliver both measurable development outcomes and long-term investment value. As climate risks continue to intensify across Africa, blended finance vehicles such as ARAF are expected to play a growing role in scaling private-sector solutions that strengthen food systems, improve rural livelihoods and enhance agricultural resilience. ]]> https://www.agrospectrumasia.com/news/47/4343/alder-point-secures-4-million-from-rockefeller-foundation-to-advance-regenerative-agriculture.html https://www.agrospectrumasia.com/news/47/4343/alder-point-secures-4-million-from-rockefeller-foundation-to-advance-regenerative-agriculture.html Fri, 24 Jul 2026 08:24:46 +0530 The Rockefeller Foundation has committed $4 million to Alder Point Capital Management to accelerate investment in climate-resilient farmland and timberland across the United States, reinforcing efforts to improve land stewardship while supporting economic growth in rural communities. The investment will enable Alder Point to expand its strategy of acquiring high-quality but undermanaged farmland and timberland and partnering with local farmers, foresters and land operators to restore soil health, improve water resources and strengthen forest ecosystems. The approach is designed to enhance both environmental outcomes and the long-term productivity and value of working lands. The commitment also aligns with The Rockefeller Foundation's broader strategy to promote sustainable rural development by linking environmental restoration with economic opportunity. The funding supports the Foundation's Big Bet on Good Jobs for America, an initiative focused on creating quality employment and revitalising economically distressed communities through long-term investment. Working lands—including farmland and timberland—remain central to the economic vitality of many rural regions in the United States. However, years of underinvestment, intensive land use practices and growing climate pressures have reduced productivity while increasing environmental risks. The Foundation said restoring these landscapes requires sustained investment in regenerative management practices that improve both natural resources and economic resilience. Alder Point's land management strategy includes the adoption of regenerative agricultural practices such as cover cropping and rotational grazing, alongside sustainable forestry measures including selective harvesting, replanting programmes and investments in water infrastructure and operational efficiency. These interventions are intended to improve soil fertility, water quality and forest health while strengthening long-term returns for landowners and rural communities. The latest investment provides Alder Point with long-term, mission-aligned capital to scale these initiatives while strengthening measurement of environmental and social outcomes across its portfolio. The company will continue working with local producers and land managers to enhance biodiversity, climate resilience and sustainable resource management while supporting employment and economic activity in rural areas. The partnership reflects growing investor interest in natural capital strategies that combine financial performance with measurable environmental and community benefits. As institutional capital increasingly flows toward regenerative agriculture and sustainable forestry, investments in responsible land stewardship are expected to play an expanding role in strengthening food systems, climate resilience and rural prosperity. ]]> https://www.agrospectrumasia.com/news/47/4330/south-korea-unveils-first-national-food-tech-master-plan-to-accelerate-ai-driven-innovation-and-global-expansion.html https://www.agrospectrumasia.com/news/47/4330/south-korea-unveils-first-national-food-tech-master-plan-to-accelerate-ai-driven-innovation-and-global-expansion.html Wed, 22 Jul 2026 14:36:51 +0530 South Korea has introduced its first national master plan dedicated to developing the food technology industry, unveiling an ambitious strategy to integrate advanced technologies across the food value chain while strengthening the country's position in the rapidly expanding global food-tech market. The Ministry of Agriculture, Food and Rural Affairs announced the roadmap following the implementation of the Food Tech Industry Promotion Act, the world's first standalone legislation specifically designed to support the food technology sector. The master plan provides a long-term framework for commercializing innovation, attracting private investment and accelerating the adoption of advanced technologies throughout food production, processing, distribution and consumer services. Food technology is increasingly combining artificial intelligence, biotechnology, robotics, automation and the Internet of Things to reshape food systems. Applications range from robotic food preparation and automated delivery to alternative proteins, precision manufacturing and digital supply chain management. Rather than relying primarily on government-led support, the new strategy emphasizes a private sector-driven innovation ecosystem built around collaboration among businesses, universities, research institutions and local governments. The plan is structured around four strategic priorities aimed at strengthening regional industrial development, expanding investment, increasing global competitiveness and accelerating technology commercialization while modernizing regulations. One of the central objectives is the development of regionally specialized agri-food innovation clusters linked to major economic development zones across the country. The ministry plans to expand the number of Food Tech Research Support Centres from seven to ten by 2030 while strengthening partnerships between technology companies, academic institutions and research organizations. Regional supply chain initiatives will also connect agricultural producers with food-tech companies through long-term procurement agreements to promote higher-value agricultural production. The strategy also places significant emphasis on workforce development and startup growth. Beginning in 2026, postgraduate education programs focused on food technology will be expanded to include doctoral-level training, while additional universities will participate in industry-linked education programs. Government-backed investment funds will also be increased to support food-tech startups and scale-up companies, with cumulative public financing expected to rise to KRW100 billion by 2027, encouraging greater private-sector investment. International expansion represents another key pillar of the roadmap. The government plans to promote integrated export models combining Korean food products with robotics, digital technologies and culinary expertise. Demonstration events, overseas promotional programs and dedicated food technology exhibition spaces will support global commercialization of Korean innovations, while the domestic food manufacturing industry will continue expanding smart factory adoption and artificial intelligence integration. The ministry also intends to strengthen research commercialization by expanding industry-focused research and development funding and creating an official industrial classification system for the food-tech sector by 2027. At the same time, regulatory reforms will streamline commercialization through a centralized regulatory application system and updated policies supporting circular economy initiatives, including the conversion of agricultural and food processing by-products into high-value industrial materials. Agriculture Minister Song Miryung said the convergence of technology, food, culture and consumer experience is reshaping global markets, positioning food technology as a strategic growth engine capable of increasing the international competitiveness of Korean food products. To support implementation, the government will appoint dedicated operating agencies and establish a public-private consultative body that will facilitate ongoing collaboration between policymakers and industry stakeholders as the strategy moves into execution. ]]> https://www.agrospectrumasia.com/news/47/4294/nigeria-launches-500-million-agribusiness-investment-fund-to-transform-niger-delta-into-agricultural-growth-hub.html https://www.agrospectrumasia.com/news/47/4294/nigeria-launches-500-million-agribusiness-investment-fund-to-transform-niger-delta-into-agricultural-growth-hub.html Thu, 16 Jul 2026 17:11:18 +0530 In a strategic move to diversify Africa's largest economy beyond hydrocarbons, the Nigerian government and the Niger Delta Development Commission (NDDC) have unveiled a $500 million Niger Delta Agricultural Development Investment Fund, a financing platform designed to catalyse private-sector investment across the region's agricultural value chain. The announcement, made during the Niger Delta Agricultural Development and Investment Summit in Abuja, signals a significant policy shift toward leveraging agriculture as a long-term engine of economic growth, employment generation and regional development. The initiative is expected to mobilise both domestic and international capital into high-potential sectors including aquaculture, palm oil, cassava, cocoa, rice, horticulture, livestock and marine resources. Positioned as a commercially managed investment vehicle rather than a conventional public funding programme, the fund seeks to bridge financing gaps across the agricultural ecosystem while creating scalable agribusiness opportunities throughout Nigeria's nine Niger Delta states. According to NDDC Managing Director Samuel Ogbuku, the initiative marks a pivotal step in repositioning the resource-rich Niger Delta from an economy historically dependent on crude oil revenues to one driven by sustainable agricultural investments. He noted that professional fund management and private-sector participation will be central to ensuring long-term commercial viability and measurable development outcomes. The commission expects the fund to stimulate investments across farming, processing, storage, logistics and value addition, while creating employment opportunities and enhancing rural incomes. Ogbuku also emphasised that hosting the investment summit in Abuja was intended to facilitate engagement with institutional investors, financial institutions and international development partners. Nigeria's Vice President Kashim Shettima, who chaired the summit, described agriculture as a cornerstone of the country's economic transformation agenda, stressing that food security remains inseparable from national security and sustainable development. He said the newly launched investment platform is structured to generate commercial returns while supporting strategic investments across multiple agricultural value chains. The fund is also expected to attract participation from multilateral development institutions including the World Bank, African Development Bank (AfDB), Islamic Development Bank (IsDB), European Bank for Reconstruction and Development (EBRD) and private investment groups. The initiative builds upon the Federal Government's broader agricultural reforms following the declaration of a national emergency on food security in 2023. Since then, Nigeria has expanded mechanisation programmes, strengthened farmer support schemes and increased access to agricultural finance as part of efforts to improve domestic food production and reduce inflationary pressures on essential commodities. Beyond financing agriculture, the NDDC highlighted ongoing investments in regional infrastructure designed to improve market connectivity and facilitate agribusiness expansion. Among the flagship projects nearing completion is a 1.2-kilometre bridge expected to enhance transportation and logistics within the Niger Delta. The launch of the investment fund reflects growing recognition across Africa that sustainable agriculture can serve as a catalyst for economic diversification, particularly in resource-dependent economies facing increasing pressure to reduce reliance on fossil fuels. By combining public policy support with commercially driven capital, Nigeria aims to position the Niger Delta as a competitive destination for agribusiness investment while strengthening food security and promoting inclusive economic growth. ]]> https://www.agrospectrumasia.com/news/47/4295/rize-secures-47-million-to-scale-climate-smart-rice-platform-across-southeast-asia.html https://www.agrospectrumasia.com/news/47/4295/rize-secures-47-million-to-scale-climate-smart-rice-platform-across-southeast-asia.html Thu, 16 Jul 2026 17:17:40 +0530 Climate-focused agritech startup Rize has raised $47 million in fresh funding to accelerate the expansion of its technology-driven rice cultivation platform across Southeast Asia, strengthening efforts to improve farmer incomes, reduce greenhouse gas emissions and build resilient, export-oriented rice supply chains. The financing brings together a consortium of global climate and development finance investors, underscoring growing confidence in technology-enabled regenerative agriculture as a scalable solution to food security and climate challenges. The latest investment will support Rize's next phase of growth by expanding its presence beyond Vietnam and Indonesia while enhancing artificial intelligence capabilities, digital traceability systems and carbon-focused agricultural initiatives. The equity round was led by BNP Paribas Asset Management Alts, with participation from The Rockefeller Foundation and existing investors Temasek and Breakthrough Energy Ventures. Complementing the equity investment, debt financing has been mobilised through BIDV, Temasek Foundation and UOB, providing additional capital to support operational expansion. Since its Series A financing two years ago, Rize has increased the scale of its operations by more than tenfold, evolving into one of Southeast Asia's fastest-growing climate-smart agriculture platforms. Today, the company partners with approximately 17,000 smallholder farmers cultivating more than 50,000 hectares across Vietnam and Indonesia, supported by a multidisciplinary workforce spanning agronomy, technology development and field operations. The newly raised capital will primarily be directed toward strengthening export market access through enhanced end-to-end traceability, enabling rice producers to meet increasingly stringent international food safety and sustainability standards. The company also plans to expand the adoption of alternate wetting and drying (AWD)—a water management practice that significantly lowers methane emissions while reducing irrigation requirements and improving farm profitability. In parallel, Rize intends to invest heavily in AI-powered decision-support tools designed for farmers and field teams. These digital technologies will help optimise crop management, improve productivity, support compliance with maximum residue level (MRL) requirements and generate reliable farm-level data for carbon programmes and sustainable commodity markets. The company also plans to broaden its platform into a collaborative agricultural ecosystem, allowing input suppliers, technology providers and service companies to connect directly with its growing network of farmers. This integrated approach is expected to accelerate the adoption of regenerative farming practices while improving access to agronomic services and commercial opportunities. Founded in late 2022 through a collaborative initiative involving Temasek, 100x100 and Breakthrough Energy Ventures, Rize was established with the objective of modernising rice cultivation for smallholder farmers while integrating climate resilience into agricultural production systems. Commenting on the latest funding milestone, Dhruv Sawhney, Co-founder and CEO of Rize, said the investment validates the company's vision of combining climate action with improved livelihoods for farming communities. He noted that the new capital will enable Rize to significantly expand its geographic footprint, deepen investments in advanced technologies and strengthen market connectivity, helping farmers achieve higher productivity, greater resilience and improved economic returns while supporting low-emission agricultural production. Alexandre Martin-Min, Head of Natural Capital & Impact Investments at BNP Paribas Asset Management Alts, said the investment reflects the firm's confidence in scalable platforms capable of delivering measurable environmental outcomes alongside sustainable financial performance. He added that Rize's integrated approach to sustainable agriculture, carbon finance and verified commodity supply chains aligns closely with the firm's long-term investment strategy. Echoing this perspective, Slav Gatchev, Vice President of Innovative Finance at The Rockefeller Foundation, highlighted the challenges faced by smallholder farmers across Asia, including limited access to finance, constrained resource management and volatile market opportunities. He said technology-enabled regenerative agriculture has the potential to improve productivity while strengthening farmer incomes and long-term resilience. As governments and global food companies intensify efforts to decarbonise agricultural supply chains, climate-smart rice production is gaining strategic importance. Rice cultivation accounts for a significant share of agricultural methane emissions globally, making innovations such as AI-driven farm management, digital traceability and water-efficient cultivation practices increasingly critical for achieving climate targets without compromising food production. With fresh capital, expanded partnerships and growing demand for sustainable commodities, Rize aims to position itself as a leading digital agriculture platform supporting the transition toward low-emission, traceable and export-ready rice production across Southeast Asia. ]]> https://www.agrospectrumasia.com/news/47/4274/deutsche-bank-deepens-sustainable-aviation-push-with-lufthansa-group-saf-investment.html https://www.agrospectrumasia.com/news/47/4274/deutsche-bank-deepens-sustainable-aviation-push-with-lufthansa-group-saf-investment.html Tue, 14 Jul 2026 16:14:42 +0530 Deutsche Bank has expanded its sustainability agenda by investing in the deployment of sustainable aviation fuel (SAF) through a strategic agreement with Lufthansa Group, reinforcing the growing role of corporate demand in accelerating the aviation industry's transition towards lower-carbon operations. The agreement covers approximately 1,600 metric tonnes of sustainable aviation fuel, enabling an estimated reduction of 5,500 metric tonnes of carbon dioxide emissions associated with the bank's business travel. The emissions savings are broadly equivalent to the CO₂ generated by approximately 520 Lufthansa-operated Airbus A320neo flights between Frankfurt and London, underscoring the tangible climate benefits of replacing conventional jet fuel with SAF. The initiative forms part of Deutsche Bank's broader decarbonisation strategy, which seeks to substantially reduce emissions generated across its value chain while supporting the commercialization of low-carbon aviation fuels through long-term demand commitments. The latest collaboration further strengthens the relationship between Deutsche Bank and Lufthansa Group following the launch of the Lufthansa Miles & More Credit Card by the bank in October 2025, reflecting an expanding partnership that now extends beyond financial services into sustainable mobility. Frank Naeve, Senior Vice President, Global Sales and Distribution at Lufthansa Group, said the agreement demonstrates how corporate customers are increasingly integrating sustainable aviation fuel into their climate strategies. "Deutsche Bank's decision to support the deployment of SAF with Lufthansa Group at this scale reflects the growing importance of sustainable aviation within corporate travel programmes. This partnership demonstrates that businesses can make a measurable contribution to reducing the climate impact of air travel through targeted investments in sustainable aviation fuel," Naeve said. Jörg Eigendorf, Chief Sustainability Officer at Deutsche Bank, said sustainable aviation fuel represents a critical lever in achieving the bank's objective of nearly halving supply chain emissions by 2030 compared with its 2019 baseline. "Equally important is the market signal this sends. Predictable corporate demand is essential to encourage investment in SAF production capacity and improve the long-term competitiveness of alternative aviation fuels. Expanding demand is fundamental to accelerating the scale-up of the sustainable aviation fuel market," Eigendorf said. The agreement reflects a broader shift among multinational corporations toward using sustainable aviation fuel as a practical decarbonisation tool for business travel, complementing operational efficiencies, emissions reduction strategies and carbon management initiatives. As airlines, fuel producers and corporate customers increasingly collaborate to stimulate market demand, such partnerships are expected to play a pivotal role in scaling SAF production and advancing the aviation sector's net-zero ambitions. ]]> https://www.agrospectrumasia.com/news/47/4243/adb-extends-10-mn-social-loan-to-premium-nexus-to-modernise-mongolias-food-distribution-network.html https://www.agrospectrumasia.com/news/47/4243/adb-extends-10-mn-social-loan-to-premium-nexus-to-modernise-mongolias-food-distribution-network.html Wed, 08 Jul 2026 17:19:36 +0530 The Asian Development Bank (ADB) has signed a $10 million social loan with Premium Nexus JSC, Mongolia's largest convenience store operator, to strengthen the country's food distribution ecosystem through expanded retail infrastructure, enhanced cold chain logistics and greater access to affordable food and essential goods. The investment underscores ADB's growing focus on building resilient, inclusive and efficient food systems across emerging Asian economies. The financing will support the expansion of Premium Nexus' retail and logistics operations, enabling the company to improve supply chain efficiency while addressing longstanding gaps in food accessibility, particularly in underserved rural regions beyond the capital city of Ulaanbaatar. At the core of the project is the development of a modern cold chain distribution centre alongside the establishment of 240 new CU convenience stores across urban and rural Mongolia. The expansion is expected to strengthen product availability, reduce supply chain bottlenecks and improve the distribution of fresh food and essential consumer goods throughout the country. According to Chandra Mohan Arora, Country Operations Head for Mongolia at ADB, unequal access to safe and affordable food continues to pose challenges for many communities, particularly outside major urban centres. He noted that strengthening logistics infrastructure and modern retail networks would improve the consistency and reach of food distribution while simultaneously creating new economic opportunities, especially for women entrepreneurs. Mongolia's retail sector is undergoing rapid transformation, driven by urbanisation, changing consumer preferences and increasing demand for modern retail formats. However, fragmented supply chains, inadequate logistics infrastructure and inconsistent food distribution continue to constrain market efficiency and limit access to quality products across large parts of the country. The project seeks to address these structural challenges by integrating retail expansion with supply chain modernisation. Beyond improving food availability, the investment is expected to generate approximately 900 new jobs, with a strong emphasis on creating employment opportunities for women and workers in rural communities. The initiative also places significant focus on advancing women's economic participation. Premium Nexus plans to expand franchise opportunities for women entrepreneurs, improve access to financing and increase the visibility of products manufactured by women-owned businesses across its retail network. In addition, the number of local suppliers supporting the company's operations is expected to increase from 420 to 453, strengthening domestic value chains and supporting local enterprise development. Chinzorig Ganbold, Chief Executive Officer of Premium Nexus, described the partnership as an investment that extends beyond commercial expansion, positioning it as a catalyst for strengthening Mongolia's food security, supply chain resilience and inclusive economic development. He added that the social loan designation reflects the company's commitment to generating measurable social impact for consumers, businesses and communities across the country. The financing has been independently verified as a social loan by Det Norske Veritas (DNV) under internationally recognised Social Loan Principles, with proceeds dedicated to employment generation, improved access to essential services and broader socioeconomic empowerment. The transaction is also expected to encourage wider adoption of thematic and impact-focused financing within Mongolia's financial sector. Established in 2017, Premium Nexus operates Mongolia's CU convenience store network under an exclusive franchise agreement with South Korea's BGF Retail Company Limited. As of March 2026, the company manages 557 stores nationwide and employs more than 5,200 people, making it the country's second-largest private sector employer. The investment reflects ADB's broader strategy of supporting sustainable food systems through infrastructure development, private sector partnerships and inclusive financing. As Mongolia continues to modernise its retail landscape amid rising consumer demand and urban growth, investments in logistics, cold chain infrastructure and organised retail are expected to play an increasingly important role in strengthening food security, reducing post-harvest losses and improving market access for producers and consumers alike. ]]> https://www.agrospectrumasia.com/news/47/4229/kubota-increases-stake-in-uv-boosting-to-expand-climate-smart-crop-solutions.html https://www.agrospectrumasia.com/news/47/4229/kubota-increases-stake-in-uv-boosting-to-expand-climate-smart-crop-solutions.html Tue, 07 Jul 2026 09:31:03 +0530 Kubota Corporation has expanded its commitment to sustainable agriculture by making an additional investment in French agri-tech startup UV Boosting through its European holding company, Kubota Holdings Europe (KHE). The move is aimed at accelerating the commercialization of innovative UV-based crop protection technologies across Europe while reinforcing the long-term strategic partnership between the two companies. The latest investment builds on Kubota's initial backing of UV Boosting in 2024, after which the companies collaborated on demonstration trials to evaluate the technology under commercial farming conditions. Following encouraging results, Kubota began marketing UV Boosting's products this year through its established European distribution network, marking a significant step toward wider adoption. The partnership comes at a time when European agriculture is increasingly prioritizing technologies that lower environmental impact and reduce dependence on conventional chemical crop protection products. Regulatory pressures, sustainability targets, and growing consumer demand for environmentally responsible farming practices are driving interest in alternative disease management solutions. UV Boosting has developed a proprietary UV flash technology that uses short-wavelength ultraviolet light to activate plants' natural defense mechanisms. Rather than targeting pathogens directly, the technology stimulates the production of salicylic acid and other plant hormones, strengthening the plant's own resistance against diseases while improving tolerance to environmental stresses such as frost and drought. The technology has broad applicability across high-value crops, including vineyards, orchards, and vegetable production, where disease pressure and pesticide use remain significant challenges. By enhancing natural plant immunity, the solution offers growers an opportunity to reduce chemical inputs without compromising productivity. Independent field evaluations have demonstrated promising performance in vineyards, where the technology achieved a 40% reduction in disease incidence alongside a 13% increase in yield. These outcomes highlight its potential to support both economic and environmental sustainability in specialty crop production. With the additional investment, Kubota intends to expand the deployment of UV Boosting's technology across Europe, helping growers improve disease management, strengthen climate resilience, and advance more sustainable agricultural production systems. The collaboration also aligns with Kubota's broader strategy of investing in innovative technologies that address emerging challenges in global agriculture while supporting the transition toward low-impact farming.   ]]> https://www.agrospectrumasia.com/news/47/4226/u-s-startup-thinks-it-can-make-green-ammonia-cost-competitive.html https://www.agrospectrumasia.com/news/47/4226/u-s-startup-thinks-it-can-make-green-ammonia-cost-competitive.html Mon, 06 Jul 2026 17:13:51 +0530 The global race to decarbonize ammonia production is entering a new phase, with U.S.-based climate technology startup Faraday Earth claiming a significant breakthrough that could bring green ammonia within striking distance of conventional production costs. The company says its plasma-based ammonia production platform can achieve a levelized production cost of around $500 per metric ton—a price point that approaches the economics of traditional fossil fuel-derived, or "gray," ammonia. If commercially validated at scale, the technology could remove one of the biggest barriers preventing widespread adoption of low-carbon fertilizers. The milestone follows a recent investment from agri-food venture capital firm AgFunder, underscoring growing investor confidence in next-generation fertilizer technologies that combine clean energy, artificial intelligence and decentralized manufacturing. Reinventing a Century-Old Industrial Process For more than a century, global ammonia production has relied on the Haber-Bosch process, an energy-intensive technology that consumes vast quantities of natural gas while accounting for a significant share of industrial carbon emissions. Faraday Earth is pursuing a fundamentally different pathway. Instead of relying on extreme temperatures and high-pressure reactors, the company employs non-thermal plasma generated through high-voltage electric fields to activate atmospheric nitrogen. The activated nitrogen is then combined with green hydrogen produced through electrolysis or naturally occurring geological hydrogen sources to synthesize ammonia. By replacing fossil fuel-driven chemistry with electricity-powered plasma, the system aims to dramatically reduce emissions while improving production flexibility. Artificial Intelligence Powers the Reactor One of the defining features of the platform is its integration of artificial intelligence into reactor optimization. Rather than operating under fixed parameters, the system continuously analyzes reactor performance using a digital twin powered by machine learning algorithms. The software dynamically adjusts operating conditions to maximize nitrogen activation and improve ammonia yields in real time. The combination of advanced plasma physics and AI-driven optimization reflects a broader trend in industrial manufacturing, where intelligent process control is becoming as valuable as the underlying hardware itself. Decentralizing Fertilizer Production Faraday Earth is also challenging the conventional economics of ammonia manufacturing. Traditional ammonia plants require multibillion-dollar investments and operate at enormous scale, making production highly centralized and dependent on extensive transportation networks. The company's alternative consists of modular, container-sized production units capable of generating several metric tons of ammonia each day. Such systems could enable fertilizer manufacturers, distributors and large agricultural operations to produce ammonia much closer to where it is ultimately consumed. Localized production has the potential to reduce transportation costs, improve supply chain resilience and provide greater protection against disruptions in global fertilizer markets. Agriculture's Decarbonization Opportunity Ammonia remains the essential building block for nitrogen fertilizers that sustain agricultural productivity worldwide. At the same time, conventional ammonia production is responsible for a substantial share of industrial greenhouse gas emissions, making it a priority sector for decarbonization. As governments and fertilizer manufacturers pursue lower-carbon alternatives, technologies capable of delivering green ammonia at competitive costs are attracting increasing commercial interest. Faraday Earth has already moved beyond laboratory research, deploying a demonstration system, securing its first commercial customer and entering into a commercialization agreement with a major industry partner. While large-scale deployment remains the next critical challenge, the company's progress suggests that green ammonia may be approaching an economic tipping point. If plasma-enabled production proves commercially scalable, it could fundamentally reshape how one of agriculture's most essential inputs is manufactured—bringing fertilizer production closer to farms while reducing the industry's carbon footprint. ]]> https://www.agrospectrumasia.com/news/47/4205/fmc-bolsters-financial-flexibility-with-landmark-investment-from-tessenderlo-group.html https://www.agrospectrumasia.com/news/47/4205/fmc-bolsters-financial-flexibility-with-landmark-investment-from-tessenderlo-group.html Wed, 01 Jul 2026 11:38:01 +0530 FMC Corporation has secured a strategic minority investment of approximately $400 million from Belgium-based industrial conglomerate Tessenderlo Group, a transaction that significantly bolsters the agricultural sciences company's financial position and marks the conclusion of its strategic review process. Under the definitive agreement, Tessenderlo Group will acquire a roughly 20 percent ownership stake in FMC through an equity investment priced at $13.30 per share. The deal aligns with Tessenderlo's long-term strategy of building an agricultural platform through cornerstone investments in companies with strong growth prospects and differentiated technologies. For FMC, the investment represents a pivotal step in its efforts to improve financial flexibility and accelerate the execution of its operational and strategic priorities. The company intends to use the proceeds to further reduce debt, enabling it to achieve its target of approximately $1 billion in debt repayment. The transaction also brings an end to the strategic alternatives review initiated earlier this year, with FMC opting to continue operating as an independent company while advancing its innovation pipeline and strengthening its competitive position in the global crop protection market. Over the past several months, FMC has undertaken a series of initiatives aimed at enhancing liquidity, unlocking capital and sharpening its strategic focus. These measures include amending its revolving credit facility to obtain covenant relief, raising $1.2 billion through a secured high-yield bond offering, and agreeing to sell its India commercial business for $252 million. The company has also entered into a strategic supply and licensing agreement with Corteva that includes an initial prepayment of $200 million, alongside a framework agreement for the sale and leaseback of its Newark, Delaware, property valued at approximately $114 million. Collectively, these actions have significantly strengthened FMC's balance sheet and provided additional flexibility to invest in research and development, commercialize new technologies and pursue long-term growth opportunities. The investment underscores confidence in FMC's pipeline of proprietary molecules and next-generation crop protection solutions, which are expected to play an increasingly important role as the agricultural sector seeks innovative technologies to improve productivity and sustainability. The transaction remains subject to customary closing conditions, including the receipt of necessary regulatory approvals. Upon completion, the partnership is expected to provide FMC with enhanced financial resilience and a stronger foundation to pursue its strategic ambitions in the global agricultural sciences industry. ]]> https://www.agrospectrumasia.com/news/47/4043/hubei-jinghesheng-biotech-accelerates-expansion-targets-5000-tonne-clothianidin-capacity.html https://www.agrospectrumasia.com/news/47/4043/hubei-jinghesheng-biotech-accelerates-expansion-targets-5000-tonne-clothianidin-capacity.html Fri, 05 Jun 2026 15:56:51 +0530 Chinese agrochemical manufacturer strengthens production footprint with RMB50 million investment aimed at meeting growing global demand for insecticide solutions. Hubei Jinghesheng Biotechnology is set to significantly strengthen its position in the global crop protection market following plans to expand its clothianidin production capacity to 5,000 tonnes annually, underscoring China's continuing investment in strategic agrochemical manufacturing. The company recently announced the environmental impact assessment for its latest expansion programme, which will increase annual clothianidin output from the current 2,000 tonnes to 5,000 tonnes upon completion. Located at Lingang Industrial Park in Songzi City, Hubei Province, the project represents a total investment of approximately RMB50 million and forms part of the company's broader strategy to enhance manufacturing efficiency, optimise production processes and strengthen supply capabilities for key insecticide active ingredients. The expansion will involve the installation of additional production infrastructure, including reactors, heat exchangers and storage facilities, alongside upgrades to environmental protection systems and supporting utilities. These investments are intended not only to raise output but also to improve operational sustainability and production reliability. Clothianidin, a widely used insecticide active ingredient, plays an important role in protecting crops against a broad spectrum of insect pests and remains a key component of modern crop protection programmes across several agricultural markets. Established in March 2021, Hubei Jinghesheng Biotechnology has rapidly emerged as a specialised player in the research, development, production and marketing of pesticides and pesticide intermediates. The company currently operates manufacturing facilities with a combined annual capacity of 13,600 tonnes of pesticides and intermediates. Its production portfolio includes active ingredients such as clothianidin and chlorfenapyr, supported by integrated manufacturing lines for associated intermediates. Industry observers note that the latest expansion reflects a broader trend within China's agrochemical sector, where manufacturers are increasingly investing in scale, process optimisation and supply-chain resilience amid evolving global demand dynamics. As international agricultural markets continue to seek reliable sources of crop protection products, capacity expansions of this nature are expected to reinforce China's role as a critical supplier of agrochemical active ingredients to growers worldwide. For Hubei Jinghesheng Biotechnology, the project represents a significant step in its growth trajectory, positioning the company to better serve both domestic and export markets while enhancing its competitiveness within an increasingly sophisticated global agrochemical industry. ]]> https://www.agrospectrumasia.com/news/47/3919/inside-hailirs-next-growth-phase-capacity-expansion-green-chemistry-global-ambitions.html https://www.agrospectrumasia.com/news/47/3919/inside-hailirs-next-growth-phase-capacity-expansion-green-chemistry-global-ambitions.html Mon, 18 May 2026 12:48:16 +0530 With Hengning Biotech emerging as a core growth platform, Hailir deepens its push into proprietary technicals and value-added formulations Chinese agrochemical manufacturer Hailir Pesticides and Chemicals Group Co., Ltd. is accelerating its long-term strategy of technical material (TC) and formulation integration, as its flagship Qingdao Hengning Biotech Phase II project moves steadily toward commercial scale. During its earnings presentation on May 8, Hailir addressed investor questions surrounding the progress of Hengning Phase II, profitability trends within its TC business, first-quarter performance fluctuations, and the company’s broader growth roadmap. The message from management was clear: Hailir is doubling down on a “dual-engine” strategy built around TC–formulation synergy and balanced domestic–international expansion, positioning Hengning Biotech as the core growth platform of its technical-grade pesticide business. The Hengning Biotech Phase II project, which broke ground in 2022, has already begun transitioning from construction to operational execution. Among the earliest projects to enter trial production were the company’s 2,000 tonnes/year tolfenpyrad TC and 1,500 tonnes/year dinotefuran TC facilities in 2024. Hailir has since expanded its investment ambitions. In April 2025, the company’s board approved a new round of large-scale investments at Hengning Biotech, including planned capacities for 6,000 tonnes/year chlorfenapyr, 5,000 tonnes/year fluopyram, 6,000 tonnes/year fluxapyroxad, and 3,000 tonnes/year bixafen, alongside 10,000 tonnes/year difluoropyrazole acid and associated intermediates. Construction on the fluxapyroxad and bixafen projects is currently underway. While Hengning Biotech remains in an investment-heavy growth phase, its financial trajectory is beginning to improve. The company reported a net loss of RMB 93.7 million in 2025, though management noted that losses narrowed significantly compared with previous periods as newer production lines entered phased commercialisation. The ramp-up reflects a multi-year capacity expansion strategy that began in 2022, when Hengning’s 40,000 tonnes/year agrochemical TC and intermediates project — covering products such as difenoconazole, diafenthiuron, chlorfenapyr, and propiconazole — entered trial production. By 2023, self-produced propiconazole technical had already entered the market, followed by tolfenpyrad and dinotefuran in 2024. At the centre of Hailir’s long-term strategy is tighter integration between technical-grade pesticide production and higher-margin formulation businesses. The company says it will continue strengthening both production efficiency and market coordination, leveraging proprietary TC supply advantages to expand formulation sales across domestic and export markets. On the TC side, Hailir is accelerating commercialisation and capacity release for a broad portfolio of active ingredients, including dinotefuran, tolfenpyrad, difenoconazole, propiconazole, diafenthiuron, chlorfenapyr, imidacloprid, acetamiprid, pyraclostrobin, prothioconazole, clothianidin, and emamectin benzoate. Increasing self-sufficiency in technical materials remains central to the company’s margin and supply-chain strategy. Simultaneously, the company is pushing deeper into differentiated formulations and value-added crop solutions. By leveraging internally produced technicals, Hailir aims to strengthen strategic product portfolios, improve agronomic service systems, expand distribution networks, and increase the profitability contribution of its formulation business. The company is also positioning sustainability and technological innovation as long-term competitive differentiators. As environmental regulations tighten across China’s agrochemical sector, Hailir continues investing in automated and intelligent manufacturing systems while expanding R&D into low-toxicity, environmentally safer pesticide chemistries and next-generation compounds. Management indicated that Hailir is actively building value chains around key molecules including prothioconazole, pyraclostrobin, thiamethoxam, and clothianidin, while simultaneously advancing new registrations and future compound pipelines. With environmental compliance increasingly becoming a barrier to entry across China’s crop-protection industry, Hailir believes large-scale, standardised manufacturers with integrated production ecosystems are likely to emerge stronger from the next phase of sector consolidation. As capacity ramps up at Hengning and new compounds move closer to commercialisation, Hailir appears to be positioning itself not simply as a pesticide producer, but as a vertically integrated crop-protection platform targeting long-term global competitiveness. ]]> https://www.agrospectrumasia.com/news/47/3917/new-report-identifies-250-climate-adaptation-and-resilience-solutions-for-asia-amidst-rising-funder-interest.html https://www.agrospectrumasia.com/news/47/3917/new-report-identifies-250-climate-adaptation-and-resilience-solutions-for-asia-amidst-rising-funder-interest.html Mon, 18 May 2026 11:58:25 +0530 Asia-focused report by the Centre for Impact Investing and Practices (CIIP) and collaborators identifies 250+ priority climate adaptation and resilience solutions for Asia, based on over $100 billion in financing flows over 5 years The Centre for Impact Investing and Practices (CIIP), in partnership with Temasek, Invesco, and ImpactSF (CGIAR Hub for Sustainable Finance), and with support from Dalberg, today launched a new report on climate adaptation and resilience (CA&R) in Asia. Launching at Ecosperity Week’s Impact Investing Roundtable 2026 on 19 May, the report — Climate Adaptation and Resilience in Asia: Pricing Risk, Sizing Opportunities, Financing Solutions — examines the region’s climate risks, financing gaps, and barriers constraining investment in adaptation and resilience solutions. The study identifies more than 250 priority climate adaptation and resilience solutions for Asia, grounded in the region’s unique climate risks, hazards, and priorities, and informed by analysis of over $100 billion in climate adaptation and resilience financing flows between 2021 and 2025. The report highlights persistent barriers limiting climate adaptation investments, including fragmented approaches, data gaps, limited visibility of investable opportunities, and unclear financing pathways. The identified CA&R solutions span three tiers of commercial viability, including 94 low or no commercial viability solutions that remain foundational for building long-term regional resilience, 93 emerging opportunities requiring catalytic capital to scale, and 65 commercially viable solutions with proven market track records. Together, these provide clear entry points across the capital spectrum — from early-stage innovation and ecosystem development to scaling resilient infrastructure and mature technologies. Accompanying the report is a first-of-its-kind fund flow intelligence dashboard mapping public, private, and philanthropic capital flows across China, India, and Southeast Asia (SEA), alongside emerging impact opportunities. Also launched is the Climate Adaptation and Resilience in Asia Case Study Library, featuring 50 real-world examples of companies, financial institutions, and philanthropies advancing climate adaptation and resilience initiatives. In addition, the report includes a sectoral deep dive titled Building a Climate-Adapted and Resilient Agri-Food System in Southeast Asia, focused on strengthening agri-food resilience across SEA — a major priority reflected in regional National Adaptation Plans. Asia continues to face intensifying climate risks. The region is warming at twice the global average rate, and since 2000, climate-related disasters have affected 3.7 billion people in Asia — more than triple the number impacted in the rest of the world combined. By 2030, Asia is expected to account for around 75 per cent of the global CA&R financing gap, while companies across the region could face nearly $336 billion in annual climate-related costs. Despite these risks, annual CA&R financing flows in Asia remain significantly below the estimated requirement of more than $200 billion annually, with current flows standing at only around $19 billion. Agriculture remains among the sectors most vulnerable to climate change impacts. While the sector contributes 9.8 per cent to Southeast Asia’s GDP, annual production growth of key staple foods has remained below 1.3 per cent over the past decade. Climate stress could reduce crop yields by as much as 41 per cent, with much of the burden falling on the region’s nearly 100 million smallholder farmers, many of whom survive on less than $2 a day. Commenting on the challenge, Dr. Godefroy Grosjean, Co-Lead, CGIAR Hub for Sustainable Finance (ImpactSF), said, “Impacts of climate risks vary according to crop or livestock, where they are and when the risk is going to be experienced. This determines the necessary strategy required for resilience uplift. ImpactSF uses CGIAR-produced scientific data along with AI-based approaches to support investment processes in risk identification and mitigation and impact reporting for investees. This is extremely critical because if risks are ignored, they will eventually impact the financial bottom line of businesses in the agriculture and food sector.” The report further identifies several structural barriers constraining capital deployment into climate adaptation and resilience. These include underdeveloped policy and regulatory environments, limited access to climate-risk and cost data, and mismatches between available financing and investable solutions. Many adaptation projects also remain highly localised, difficult to scale, and dependent on longer investment horizons, requiring coordinated action across governments, private investors, and philanthropic capital providers. Norbert Ling, Head of Fixed Income Portfolio Management, APAC, Invesco, noted, “While it’s clear that investing for climate adaptation and resilience is still at a nascent stage, the critical work of identifying barriers, assessing commerciality and mapping context-specific investment opportunities is a major step forward that can move investors from exploration to tactical implementation. This analysis helps bring greater transparency to where capital is most needed across Asia, and where investable opportunities may be emerging.” Encouragingly, investor interest in climate adaptation and resilience is steadily increasing. Among 165 Asia-based funders surveyed for the report, 81 funders — representing 49 per cent — are already actively investing in CA&R initiatives, while another 47 funders, or 28 per cent, are exploring opportunities in the space. Collectively, these organisations manage more than $1 trillion in annual assets under management. However, converting interest into large-scale capital deployment continues to be constrained by limited investment-ready pipelines, macroeconomic risks, deal structuring challenges, and gaps in institutional mandates, technical expertise, and data availability. To address these challenges, the report outlines a roadmap built around seven critical actions. These include embedding climate adaptation as both a value and growth driver, mobilising capital strategically across the financing spectrum, improving climate-risk pricing and resilience valuation, creating impact-linked decision pathways, strengthening shared data and knowledge infrastructure, building climate-aligned financial systems, and fostering deeper cross-sector collaboration for scale. Commenting on the significance of the report, Dawn Chan, CEO, Centre for Impact Investing and Practices, said, “Climate adaptation and resilience financing in Asia remains constrained by limited data, fragmented approaches, and uncertainty around where capital can be most effective. We hope this report helps to provide greater clarity on the opportunities and roles different stakeholders can play in advancing solutions across the region. As climate risks intensify, stronger coordination between public, private, and philanthropic capital will be essential to accelerate action.” ]]> https://www.agrospectrumasia.com/news/47/3913/resurrect-bio-raises-capital-to-accelerate-gene-edited-disease-resistance-in-crops.html https://www.agrospectrumasia.com/news/47/3913/resurrect-bio-raises-capital-to-accelerate-gene-edited-disease-resistance-in-crops.html Fri, 15 May 2026 13:04:26 +0530 The oversubscribed round brings total funding to approximately $12.4 million since inception UK-based biotechnology company Resurrect Bio has announced the final close of its Series A funding round at $10.3 million, exceeding its original target and underscoring strong investor confidence in next-generation crop protection technologies. The round was led by Corteva through its Corteva Catalyst platform, with participation from Calculus Capital, Pymwymic, UKI2S (managed by Future Planet Capital), SynBioVen, and AgFunder. The final close brings the company’s total capital raised since inception to approximately $12.4 million. The oversubscription follows growing momentum in agricultural biotechnology focused on durable, gene-based disease resistance and comes shortly after a joint development agreement with Corteva announced in March 2026 to advance disease resistance traits in corn. Resurrect Bio is developing an integrated biotechnology platform designed to accelerate the discovery and deployment of crop disease resistance traits through a combination of computational biology, functional screening, and gene reactivation approaches. At the center of its technology stack is the FloraFold® AI in-silico discovery platform, which models plant–pathogen protein interactions to identify potential resistance pathways. This is complemented by a high-throughput functional biology system that validates predicted interactions at scale, alongside a proprietary “Resurrection” platform aimed at reactivating dormant or cryptic resistance mechanisms already present in elite crop germplasm. Together, these systems are intended to significantly shorten the timeline between discovery and field deployment of disease-resistant traits, addressing one of the key bottlenecks in traditional crop breeding and trait development. The newly secured capital will be used to expand research and development operations, scale computational and biological infrastructure, and deepen collaboration with seed companies and plant breeders through joint development agreements. Chief Executive Officer Cian Duggan said the financing reflects growing conviction in scalable, AI-enabled approaches to agricultural resilience. “We're proud to have closed this round with such a distinguished and strategically aligned group of partners,” he said. “The strength of this raise reflects growing conviction in what we're building: a scalable, AI-driven platform for resurrecting disease resistance in the world's most important crops.” He added that the company is actively seeking additional partnerships to accelerate commercial deployment of durable resistance traits across major crop systems. Investor Elizabeth Klein-Edmonds of Calculus Capital highlighted the persistent global challenge of crop disease and the potential of gene-based solutions to reduce reliance on chemical crop protection while improving yields and farm resilience. The investment signals continued momentum in agricultural biotechnology, particularly in platforms combining artificial intelligence, gene editing, and advanced plant science to address systemic threats to global food production. With fresh capital in place, Resurrect Bio is positioning itself at the intersection of computational biology and agricultural innovation, aiming to bring faster, more durable disease resistance solutions to global seed pipelines. ]]> https://www.agrospectrumasia.com/news/47/3885/vietnam-positions-itself-on-global-sustainable-aviation-fuel-map-as-green-jet-fuel-ecosystem-takes-shape.html https://www.agrospectrumasia.com/news/47/3885/vietnam-positions-itself-on-global-sustainable-aviation-fuel-map-as-green-jet-fuel-ecosystem-takes-shape.html Wed, 13 May 2026 18:24:55 +0530 Da Nang forum signals early-stage integration into SAF value chain, as policymakers, airlines and energy majors converge on decarbonising aviation through bio-based fuel innovation In a development emblematic of the accelerating decarbonisation agenda in global aviation, Vietnam is beginning to carve out a strategic foothold in the emerging sustainable aviation fuel (SAF) economy—an industrial frontier increasingly regarded as indispensable to achieving net-zero emissions in the aviation sector by mid-century. The momentum was visibly crystallised in Da Nang, where the 2026 Policy and Technology Innovation Forum on Sustainable Aviation Fuel in Vietnam (IPS Vietnam 2026) convened as the country’s first international platform dedicated exclusively to SAF development. The forum brought together approximately 70 domestic and international stakeholders spanning airlines, fuel producers, clean-energy technology firms, and investment institutions, signalling a nascent but rapidly coalescing ecosystem around green aviation fuels. Co-organised by the Asian Sustainable Aviation Fuel Association (ASAFA), the Da Nang Innovative Startup Support Center (DISSC), Star Consulting, and Veritas, the event underscored Vietnam’s ambition to transition from peripheral observer to active participant in the global SAF value chain. The presence of major industrial actors—including Airbus, Axens, Binh Son Refining and Petrochemical Joint Stock Company (BSR), the US Grains & BioProducts Council, Aether Fuels, and Velocys—further highlighted the commercial gravity of the discussions. At its core, sustainable aviation fuel represents one of the aviation industry’s most promising decarbonisation pathways, offering significant reductions in lifecycle carbon emissions without requiring fundamental modifications to existing aircraft engines or airport infrastructure. This compatibility with legacy systems has positioned SAF as a pragmatic bridge between current aviation realities and long-term climate imperatives. Vietnam’s engagement with SAF development is unfolding against the backdrop of intensifying global pressure on aviation to align with net-zero commitments by 2050. As traditional fossil-based jet fuels face mounting regulatory and reputational constraints, bio-based alternatives—derived from feedstocks such as used cooking oil, agricultural residues, and coconut oil—are increasingly being integrated into national energy transition strategies. The Da Nang forum focused on a multi-dimensional policy and industrial agenda, encompassing regulatory frameworks for aviation energy transition, development of domestic SAF ecosystems, assessment of Vietnam’s feedstock potential, and mechanisms to attract international capital and technological expertise. The discussions also highlighted the intersection of energy policy, logistics infrastructure, and financial innovation required to scale SAF production beyond pilot stages. Vietnam Airlines’ earlier execution of its first SAF-powered flight in May 2024 served as a symbolic precursor to these developments, demonstrating operational feasibility while signalling institutional willingness within the country’s aviation sector to experiment with low-carbon fuel pathways. More broadly, Vietnam’s SAF ambition aligns with its evolving circular economy strategy and broader efforts to enhance international competitiveness through green industrial upgrading. By positioning itself within the SAF value chain, the country is seeking not only to decarbonise aviation-related emissions but also to capture new investment flows in renewable energy, advanced biofuels, and climate-aligned infrastructure. Yet the transition remains at an early stage. Scaling SAF production will require significant coordination across agricultural supply chains, refinery capabilities, and international certification systems—alongside sustained policy support to bridge the gap between experimental pilots and commercially viable production. Nonetheless, the direction of travel is unmistakable. As global aviation confronts the hard arithmetic of decarbonisation, Vietnam’s tentative but deliberate entry into the SAF arena reflects a broader truth: the future of flight will not be powered by speed alone, but by the chemistry of transformation beneath it. ]]> https://www.agrospectrumasia.com/news/47/3880/agdevco-ploughs-15-mn-into-east-african-aquaculture-as-tilapia-sector-scales-new-frontiers.html https://www.agrospectrumasia.com/news/47/3880/agdevco-ploughs-15-mn-into-east-african-aquaculture-as-tilapia-sector-scales-new-frontiers.html Wed, 13 May 2026 17:06:11 +0530 Follow-on investment in Victory Group signals rising conviction in Africa’s aquaculture thesis, as integrated fish-farming platforms race to meet surging protein demand across Kenya, Rwanda and beyond In a calculated reinforcement of its long-term bet on Africa’s emerging blue-economy infrastructure, AgDevCo has committed a US$15 million follow-on investment into Victory Group, a vertically integrated East African aquaculture enterprise specialising in Nile tilapia production. The infusion of capital underscores a broader structural narrative: that fish farming is steadily evolving from a fragmented artisanal activity into a scalable, investment-grade protein industry anchored in food security imperatives and demographic expansion. The financing, structured as mezzanine debt, is designed to accelerate the company’s regional expansion across Kenya and Rwanda, with additional early-stage positioning in Tanzania. At its core, the investment is intended to deepen production capacity, enhance distribution networks, and stabilise supply in markets increasingly characterised by protein deficits and volatility in wild fish stocks. Victory Group’s operating model—spanning hatcheries, cage farming systems in Lake Victoria and Lake Kivu, processing infrastructure, and a distributed retail network—has been positioned as a vertically integrated response to structural inefficiencies in East Africa’s aquatic food systems. With wild catch volumes from the Great Lakes in long-term decline, regional consumption patterns have shifted decisively toward farmed fish, particularly affordable tilapia, which now functions as a critical protein staple for millions of low- and middle-income consumers. AgDevCo’s latest commitment builds on an earlier US$4 million investment made in 2021, which the investor describes as having materially improved production efficiency and operational scale. The current expansion trajectory is expected to significantly increase output capacity, with projections indicating annual production targets in the region of 30,000 tonnes as new infrastructure comes online. From an investment standpoint, the transaction reflects growing institutional confidence in aquaculture as a climate-resilient protein system—one capable of delivering both commercial returns and developmental impact. The model’s dual mandate is explicit: to improve affordability and access to high-quality protein while simultaneously generating employment across fragmented rural value chains, including small-scale traders who form the backbone of informal food distribution networks. Industry observers note that East Africa’s aquaculture sector is now entering a phase of consolidation and capital intensity, driven by rising urban demand, declining capture fisheries, and increasing institutional participation from impact investors. In this context, Victory Group’s integrated production architecture is being positioned not merely as a corporate expansion, but as an infrastructure platform for regional food security. As capital flows deepen into aquaculture systems across the continent, the AgDevCo–Victory Group transaction reflects a broader recalibration in agricultural investment logic: away from extractive models and toward vertically integrated, technology-enabled protein ecosystems designed to withstand climate stress while scaling nutritional access. The underlying thesis remains unequivocal—fish is no longer simply a commodity; it is fast becoming strategic infrastructure in Africa’s evolving food economy. ]]> https://www.agrospectrumasia.com/news/47/3863/tanzania-prepares-for-higher-exports-and-investment-following-chinas-tariff-elimination-plan.html https://www.agrospectrumasia.com/news/47/3863/tanzania-prepares-for-higher-exports-and-investment-following-chinas-tariff-elimination-plan.html Mon, 11 May 2026 14:25:11 +0530 Analysts say tariff-free access could accelerate investment in agro-industrial infrastructure and value-added exports Tanzania is preparing for a potential surge in exports, industrial activity and employment following China’s implementation of a zero-tariff policy covering imports from 53 African countries. Tanzanian officials said the initiative could significantly strengthen the country’s agricultural exports and accelerate investment in processing industries, logistics infrastructure and value-added manufacturing. The policy was discussed during a trade meeting titled “Zero-Tariff for Shared Opportunities” held in Dar es Salaam and attended by government officials, exporters and business representatives. Judith Kapinga, Tanzania’s Minister of Industry and Trade, described the policy as a major opportunity for local businesses as the country seeks to deepen regional and international trade integration through industrial reforms and economic diplomacy. “This opportunity is vital for local entrepreneurs, and we are deeply grateful to China for opening these doors to trade,” Kapinga said. She said China remains one of Tanzania’s most important trade and investment partners, with cooperation spanning infrastructure, agriculture, mining, tourism and manufacturing sectors. According to Kapinga, the Tanzanian government plans to strengthen institutional coordination, simplify export procedures and expand technology-driven trade systems to support exporters entering the Chinese market. The minister also urged private companies to improve product quality, invest in branding and expand value-added processing capabilities to increase global competitiveness. Chinese Ambassador to Tanzania Chen Mingjian said the zero-tariff initiative is expected to improve the competitiveness of Tanzanian agricultural products in China by removing import duties on commodities such as sesame seeds, cashew nuts and other farm products. She added that the policy could also accelerate Tanzania’s industrialisation agenda by encouraging investment in agricultural processing facilities, cold-chain logistics and manufacturing industries. “The initiative is expected to create jobs and improve livelihoods for farmers, small businesses and workers involved in farming, processing, logistics and trade,” Chen said. Trade between China and Tanzania has expanded rapidly in recent years. According to the Chinese Embassy, bilateral trade reached approximately $11.28 billion in 2025, representing a 27 per cent increase compared with the previous year. Trade during the first quarter of 2026 rose 28.1 per cent year-on-year to $2.905 billion, highlighting growing commercial ties between the two countries. Industry analysts said the tariff-free access could provide Tanzanian exporters with improved market opportunities at a time when African economies are increasingly seeking export diversification and stronger participation in global supply chains. Agricultural commodities are expected to be among the biggest beneficiaries of the policy, particularly products where Tanzania already maintains strong production capacity and export potential. The initiative also aligns with broader efforts by African governments to promote local processing and reduce dependence on raw commodity exports by developing domestic manufacturing and agro-industrial value chains. Economists noted that expanded Chinese market access may encourage greater investment in agricultural infrastructure, warehousing, logistics and export-oriented production systems across Tanzania. The policy is also expected to strengthen economic cooperation between China and African nations under broader South-South trade and development partnerships. ]]> https://www.agrospectrumasia.com/news/47/3846/bayer-and-bp-form-strategic-alliance-to-jointly-scale-camelina-as-intermediate-crop-for-biofuels.html https://www.agrospectrumasia.com/news/47/3846/bayer-and-bp-form-strategic-alliance-to-jointly-scale-camelina-as-intermediate-crop-for-biofuels.html Fri, 08 May 2026 15:11:30 +0530 Collaboration to commercialize camelina for producing biodiesel, renewable diesel (RD) and sustainable aviation fuels (SAF) / bp will bring expertise in fuel and refining, Bayer its industry leading expertise in seed technology and extensive farmer customer base / Camelina brings added value as intermediate crop, rotational crop, and on underutilized land Bayer and bp today announced that they have entered a long-term strategic alliance to jointly scale the crop camelina, under the brand name newgold. The alliance will commercialize camelina starting in North America. bp brings expertise in fuels and refining, while Bayer will utilize its industry leading expertise in seed technology, as well as its extensive farmer customer base. The alliance aims to further develop a reliable intermediate oilseeds market to help meet the growing demand for biodiesel, renewable diesel (RD) and sustainable aviation fuel (SAF) markets which is estimated to increase almost threefold to 40 billion gallons by 2040. “This alliance will help us to connect the value chain necessary to bring camelina to market and provides our farmer customers greater market certainty as they consider camelina on their farm,” said Frank Terhorst, head of strategy and sustainability for Bayer’s Crop Science division. “We are utilizing our industry leading breeding program to enhance the crop, and its untapped potential globally to help meet the needs of this growing market. We see this as a win for our customers and their farms, as it creates potential new revenue streams, but also a win for the renewable fuels market.” Philipp Schoelzel, Senior Vice President biofuels growth at bp, commented: "This collaboration represents bp at its best. Working with trusted partners with complementary capabilities to develop products customers want and need, while delivering value for our shareholders." Fuels with lower carbon intensity This announcement follows Bayer’s acquisition of camelina assets which was announced in January 2025. As Bayer ramps up production in preparation of a full-scale launch, testing of long and short season biotypes is underway. Bayer has already introduced newgold camelina in the Northern Plains of the US and Southern Saskatchewan and Southern Alberta regions of Canada. Camelina has a promising lower-carbon intensity for renewable fuel, offering flexibility to grow in both spring and winter, and requires lower inputs. Camelina is winter hardy, offering pod shatter resistance and drought tolerant characteristics allowing it to be grown on idle or fallow land, or in-between traditional main crop rotations, allowing farmers to avoid potential competition with food production. Camelina crops sold under the newgold seed brand will be designed with the goal of acting as a profit multiplier, giving growers the flexibility to decide how and where it fits best in their operation: As an intermediate crop, adding value between seasons Within rotations, contributing to good agronomic management while diversifying income On marginal or underutilized land, turning those acres into more productive assets This flexibility will allow farmers to participate in the low-carbon fuel economy while maintaining control over their agronomic and financial decisions. Biofuels can play a key role in helping to decarbonize the transportation sector since electrification may not be feasible in all transportation systems like aviation, rail, heavy duty equipment or marine. Biofuels can be produced from renewable organic materials like corn, soy, canola and other intermediate oilseed crops, such as camelina. ]]> https://www.agrospectrumasia.com/news/47/3833/uae-presidential-court-commits-1-5-mn-to-adb-agricultural-innovation-fund-to-strengthen-food-security-across-asia-pacific.html https://www.agrospectrumasia.com/news/47/3833/uae-presidential-court-commits-1-5-mn-to-adb-agricultural-innovation-fund-to-strengthen-food-security-across-asia-pacific.html Wed, 06 May 2026 15:15:07 +0530 Partnership to accelerate AI-driven and climate-smart farming technologies for farmers across the region The United Arab Emirates (UAE) Presidential Court has committed a $1.5 million grant to an innovative agricultural fund administered by the Asian Development Bank (ADB), reinforcing global efforts to accelerate technology-driven agricultural transformation and strengthen food security across Asia and the Pacific. The grant, provided through the International Affairs Office at the UAE Presidential Court, was formally announced during ADB’s 59th Annual Meeting in Samarkand, Uzbekistan, as part of a broader cofinancing agreement aimed at scaling proven, high-impact agricultural technologies throughout the region. The initiative seeks to embed evidence-based agricultural innovations into national farming programmes, enabling governments and farmers to adopt smarter, more efficient, and climate-resilient agricultural practices. Qingfeng Zhang, Senior Director of ADB’s Agriculture, Food, Nature, and Rural Development Sector Office, said the partnership comes at a critical time as farmers across the region continue to grapple with rising fertilizer prices and increasing volatility in global agricultural markets. He noted that the investment forms part of ADB’s wider efforts to reduce both fertilizer usage and input costs through precision agriculture technologies capable of identifying where and when agricultural inputs are most effectively needed. The technical assistance under the initiative will be guided by the Agricultural Innovation Mechanism for Scale (AIM for Scale), an international platform supported by the UAE and the Gates Foundation. The programme also forms part of Abu Dhabi’s AI Ecosystem for Global Agricultural Development, launched in 2025 to expand access to artificial intelligence-powered farming tools for agricultural communities worldwide. In addition, the initiative benefits from support provided through the Japan Fund for Prosperous and Resilient Asia and the Pacific since 2024. The agricultural innovation fund promotes the adoption of advanced farming solutions across Asia-Pacific, including satellite monitoring systems, AI-powered weather forecasting, and precision agriculture technologies designed to optimise the use of fertilizers and other farm inputs. ADB stated that these innovations will help farmers improve productivity while reducing input costs and enhancing resilience against global market disruptions and climate-related challenges. Alongside technology adoption, ADB continues to support regional food security through emergency financing programmes, coordinated fertilizer procurement initiatives ahead of planting seasons, and expanded access to credit, trade finance, and working capital for farmers and agribusinesses. The institution is also backing policy reforms aimed at reducing export restrictions and strengthening regional food security frameworks such as the ASEAN Plus Three Emergency Rice Reserve. Khalfan Al Matrooshi, Advisor at the International Affairs Office of the UAE Presidential Court, said international cooperation remains essential to strengthening global food security and building resilient agricultural systems. He noted that Abu Dhabi’s AI Ecosystem for Global Agricultural Development is designed to convene strategic partners, financing, and expertise to accelerate innovation and deliver sustainable outcomes for farmers globally. ]]> https://www.agrospectrumasia.com/news/47/3815/philippines-da-mafar-unveil-e282b1904-m-agri-fishery-investment-opportunities-to-boost-agribusiness-transformation.html https://www.agrospectrumasia.com/news/47/3815/philippines-da-mafar-unveil-e282b1904-m-agri-fishery-investment-opportunities-to-boost-agribusiness-transformation.html Tue, 05 May 2026 17:15:09 +0530 BARMM presents ₱177-M investment opportunities, positioning the region as a key frontier for agriculture and fisheries growth The Department of Agriculture (DA) and the Ministry of Agriculture, Fisheries, and Agrarian Reform–Bangsamoro Autonomous Region in Muslim Mindanao (MAFAR-BARMM) have unveiled more than ₱904 million worth of investment opportunities for priority agri-fishery commodities during the 1st Hand-in-Hand (HIH) National Investment Forum (NIF) held at the Asian Development Bank (ADB) Headquarters on April 30, 2026. The initiative highlights the government’s push to attract private sector participation in transforming Philippine agriculture into a more modern, value-driven, and investment-ready industry. DA Undersecretary for Special Concerns and ODA–Foreign Aid/Grants Jerome Oliveros presented flagship commodities such as mango, jackfruit, cacao, bamboo, and coffee, which account for over ₱727 million in identified investment requirements. These commodities were selected for their strong export potential, high domestic and global demand, and alignment with national development priorities. “Under the direct leadership of President Ferdinand R. Marcos Jr., the DA is aggressively spearheading initiatives that transition the nation from traditional farming to a high-growth agribusiness hub,” Oliveros said. “We are fostering partnerships that move beyond production into high-value agribusiness, strengthening food security and driving inclusive rural development.” He added that the DA’s investment portfolio, with equity requirements ranging from ₱7.8 million to ₱215.2 million, is designed to build resilient and scalable agribusiness ventures nationwide. “We invite investors to partner with us in bridging supply gaps and securing high-yield returns while creating lasting impact for farming communities,” he said. MAFAR-BARMM also presented its regional investment priorities, focusing on the seaweed and rubber industries with a combined requirement of ₱177 million. Officials emphasized the Bangsamoro region’s untapped agricultural potential and improving policy environment as key drivers for investment. “BARMM represents one of the most significant frontiers for agriculture and fisheries investment in the country,” said MAFAR Fisheries Services Director General Pendatun Patarasa. “Its natural resources and policy support make it a strong partner for both domestic and international investors.” MAFAR Agriculture Services Director General Ismael Guiamel highlighted the broader development impact of the initiative, noting its role in expanding economic opportunities and empowering young people in the region. Development partners also underscored the importance of clear policy direction and implementation. FAO Regional Office for Asia and the Pacific Senior Policy Officer and HIH Coordinator Xiaoruo Jiang emphasized that investment flows depend on well-defined priorities, while ADB Principal Economist and Deputy Country Director for the Philippines Declan Magee stressed the need to translate vision into “bankable projects supported by strong institutions and effective partnerships.” The HIH NIF forms part of the global Hand-in-Hand Initiative of the Food and Agriculture Organization (FAO), serving as a platform to connect governments and private investors in advancing agrifood systems transformation through data-driven planning, policy coherence, and strategic collaboration. ]]> https://www.agrospectrumasia.com/news/47/3798/new-report-urges-urgent-coordinated-financing-to-reverse-rising-hunger-and-transform-agrifood-systems-across-africa.html https://www.agrospectrumasia.com/news/47/3798/new-report-urges-urgent-coordinated-financing-to-reverse-rising-hunger-and-transform-agrifood-systems-across-africa.html Thu, 30 Apr 2026 16:40:55 +0530 More than 306 million Africans faced hunger in 2024 as weak agricultural investment, limited private financing, and rising food costs pushed the continent further off track from meeting global nutrition targets Africa’s food security crisis continued to worsen in 2024, with more than 306 million people estimated to be undernourished, even as investment in agriculture and food systems remained far below the levels needed to reverse hunger and malnutrition trends, according to the latest Africa Regional Overview of Food Security and Nutrition report. The report, jointly published by the Food and Agriculture Organization (FAO), the African Union Commission (AUC), the United Nations Economic Commission for Africa (ECA), and the World Food Programme (WFP), said the continent remains off track to achieve Sustainable Development Goal 2 on Zero Hunger and key targets under the Comprehensive Africa Agriculture Development Programme (CAADP). According to the report, hunger in Africa has increased for the eighth consecutive year since 2017, driven by conflict, climate shocks, economic slowdowns, and widening inequality. In 2024, the prevalence of undernourishment across Africa stood at 20.2 per cent, equivalent to roughly one in every five people and more than double the global average of 8.2 per cent. Nearly 893 million people faced moderate or severe food insecurity during the year, while almost 337 million experienced severe food insecurity. The report said Africa now accounts for more than 45 per cent of the global undernourished population. Financing Gap Threatens Agrifood Transformation While government spending on agriculture, forestry, and fishing has generally increased since 2018, the report said current investment levels remain insufficient to transform agrifood systems or meet nutrition and food security goals. Official development assistance to the sector registered only modest growth during the reporting period, with less than 27 per cent allocated directly toward food security and nutrition. Private investment remains particularly weak. Bank lending to agriculture accounts for less than 4 per cent of total credit across the continent, while foreign direct investment in food and agriculture has remained concentrated and relatively limited, often below $2 billion annually. The report highlighted financing constraints faced by small and medium-sized agricultural enterprises, many of which remain excluded from both traditional banking systems and microfinance channels. Healthy Diet Becoming Increasingly Unaffordable The average cost of a healthy diet in Africa rose to $4.41 purchasing power parity dollars per person per day in 2024, an increase of 5.5 per cent from the previous year. The report noted that the cost significantly exceeds the international extreme poverty threshold of $2.15 PPP dollars per day, leaving even many households classified as non-poor unable to afford nutritious food. As a result, around 67 per cent of Africa’s population could not afford a healthy diet in 2024, compared with approximately 32 per cent globally. More than one billion people across the continent were estimated to be unable to afford a healthy diet during the year, an increase of over 29 million people from 2023 levels. Child Malnutrition Remains High The report found that stunting among children under five years of age remained above 30 per cent across Africa in 2024, although some gradual improvement was recorded. Wasting among children under five stood at 5.4 per cent, below the global average of 6.8 per cent. Women continued to face slightly higher levels of food insecurity than men, with moderate or severe food insecurity affecting 58.2 per cent of women compared with 57.1 per cent of men. Report Calls for New Financing Models The report urged governments, development institutions, and private investors to significantly increase financing for agrifood systems and adopt policies that encourage inclusive and sustainable investment. It highlighted blended finance and climate finance as major untapped opportunities for the sector. Between 2020 and 2023, Africa recorded 99 blended finance deals in agrifood systems with a combined value of approximately $3 billion. However, most of the financing was directed toward large enterprises, leaving smaller nutrition-focused businesses with limited access to capital. The report also pointed to climate finance as a key growth area. Africa received $44 billion in climate finance during 2021–2022, a 48 per cent increase from two years earlier, though still far below the estimated $250 billion annual requirement needed to meet the continent’s climate goals. According to the report, aligning climate finance with food system transformation through innovative financial instruments and partnerships will be essential to improving resilience and long-term food security. Stronger Policy Coordination Needed The report called for closer coordination between governments, development agencies, and private investors to improve the effectiveness of agricultural financing and accelerate agrifood transformation. It also highlighted the importance of continental frameworks such as CAADP and the African Continental Free Trade Area (AfCFTA) in creating a more supportive environment for agricultural investment and regional trade integration. The report said reversing current food insecurity trends will require a substantial increase in financing from public, private, domestic, and international sources, alongside policy reforms focused on inclusivity, sustainability, and support for women, youth, and smallholder farmers. ]]> https://www.agrospectrumasia.com/news/47/3793/ugandas-pearl-bank-earns-recognition-for-driving-inclusive-agricultural-lending.html https://www.agrospectrumasia.com/news/47/3793/ugandas-pearl-bank-earns-recognition-for-driving-inclusive-agricultural-lending.html Wed, 29 Apr 2026 17:15:20 +0530 Bank of Uganda honors lender’s expanding role in supporting farmers, agribusinesses, and small enterprises through strategic credit initiatives Bank of Uganda has recognized Pearl Bank for its performance under the Agricultural Credit Facility and Small Business Fund schemes, underscoring the growing importance of targeted financial inclusion in strengthening Uganda’s agricultural and small enterprise economy. The recognition was announced during a stakeholder workshop held at Hotel Africana, where financial institutions and programme participants gathered to review progress in expanding access to affordable medium- and long-term financing across key productive sectors. Implemented jointly by the central bank and participating financial institutions, the Agricultural Credit Facility was established to improve access to affordable financing for agricultural investment, with a focus on strengthening productivity, value addition, and rural enterprise development. Pearl Bank emerged among the institutions acknowledged for significant growth in agricultural lending, supported by financing solutions tailored to both commercial and smallholder farmers. According to the bank, its agricultural loan portfolio has expanded by approximately 180 percent since 2020, driven by initiatives including seasonal working capital financing, risk-sharing mechanisms, and partnerships aligned with government agricultural programmes. The bank’s financing activities span multiple agricultural value chains, including coffee, dairy, grains, poultry, and horticulture, while supporting investments in irrigation systems, storage infrastructure, farm equipment, and agro-processing capabilities. Bank representatives described the recognition as a reflection of the institution’s broader commitment to bridging financing gaps within Uganda’s agricultural sector, which remains central to employment generation, food production, and economic growth. In addition to institutional recognition, the central bank also honored individuals and operational teams involved in processing and implementing financing applications under the schemes. Pearl Bank Supervisor for Agriculture and Partnerships Julius Akais received individual recognition for his contribution to the Agricultural Credit Facility programme. The latest recognition further strengthens Pearl Bank’s standing within Uganda’s financial sector, where it has previously received awards linked to agricultural financing, agro-processing support, and small business recovery initiatives. Industry observers note that expanding access to affordable credit remains one of the most critical factors shaping agricultural modernization and SME growth across East Africa, particularly as governments seek to strengthen food systems, rural incomes, and enterprise resilience in an increasingly uncertain global economic environment. ]]> https://www.agrospectrumasia.com/news/47/3792/floating-solar-emerges-as-key-pillar-of-south-koreas-energy-transition-strategy.html https://www.agrospectrumasia.com/news/47/3792/floating-solar-emerges-as-key-pillar-of-south-koreas-energy-transition-strategy.html Wed, 29 Apr 2026 17:07:40 +0530 Revised profit-sharing model seeks to strengthen local community participation in renewable energy projects In a bold step toward reshaping its renewable energy landscape, Korea Rural Community Corp. has unveiled plans to expand floating solar capacity on the nation’s agricultural reservoirs to 3 gigawatts by 2030, positioning South Korea among the world’s most ambitious adopters of water-based photovoltaic infrastructure. The initiative marks a dramatic scale-up from the approximately 105 megawatts of floating solar currently in operation across the country’s reservoir network. According to KRC, more than two-thirds of its 3,428 agricultural reservoirs have now been identified as technically viable for floating photovoltaic development, opening vast new opportunities for renewable energy deployment across rural landscapes. The strategy reflects South Korea’s broader push to accelerate its transition away from fossil fuels while integrating clean energy generation with water management, agricultural sustainability, and regional economic development. Revenue generated through the expansion is expected to help offset longstanding financial pressures tied to agricultural water supply and infrastructure maintenance. Under a newly revised profit-sharing framework, revenues from floating solar projects will be distributed equally among power developers, KRC, and local farming and fishing communities — a model designed to increase local participation and strengthen social acceptance of renewable energy projects. The revised structure replaces earlier arrangements that granted a larger share of profits to developers. KRC confirmed that tenders for major floating solar developments at Asan Lake and Ganwol Lake are expected to proceed during the first half of 2026, with each site targeted for approximately 500 megawatts of capacity. Together, the projects are poised to become among the largest floating solar installations in Asia. The country’s momentum in floating photovoltaic infrastructure continues to expand beyond agricultural reservoirs. K-water and Korea Western Power have also advanced plans for the second phase of a floating solar project at Hapcheon Dam in South Gyeongsang Province. The expansion builds upon an existing 41.5-megawatt floating array and is being developed in partnership with Lotte Chemical under a renewable power purchase agreement. The Hapcheon initiative has been described by project stakeholders as a landmark renewable energy development, combining public-sector leadership, corporate clean-energy procurement, and community revenue-sharing mechanisms within a single infrastructure model. South Korea’s floating solar ambitions form part of a broader national energy transformation agenda. Earlier this month, the government presented a sweeping energy transition strategy targeting 100 gigawatts of renewable energy capacity by 2030 as the country seeks to reduce fossil fuel dependence and expand electrification powered by clean energy sources. Industry analysts view floating solar as a strategically important technology for densely populated economies with limited land availability, offering the dual advantages of renewable power generation and reduced pressure on agricultural and urban land resources. As South Korea accelerates deployment across reservoirs and dams, the country is increasingly positioning itself at the forefront of next-generation renewable infrastructure innovation in Asia. ]]> https://www.agrospectrumasia.com/news/47/3791/lai-chau-secures-wave-of-strategic-agreements-to-accelerate-green-agricultural-transformation.html https://www.agrospectrumasia.com/news/47/3791/lai-chau-secures-wave-of-strategic-agreements-to-accelerate-green-agricultural-transformation.html Wed, 29 Apr 2026 17:01:32 +0530 More than 10 partnerships signed to advance high-value farming, medicinal plants, technology transfer, and sustainable rural development Against the backdrop of rising global demand for sustainable agriculture and green economic models, Lai Chau has unveiled an ambitious new phase of agricultural development through a series of strategic investment and cooperation agreements aimed at transforming the province into a hub for high-value, environmentally conscious agribusiness. The agreements were formalized during the conference on “Developing Commodity Agriculture and Medicinal Plants Toward a Green Economy,” jointly organized by Vietnam’s Ministry of Agriculture and Environment and the Lai Chau Provincial People’s Committee. The gathering brought together policymakers, scientists, investors, cooperatives, and agribusiness leaders to chart a long-term roadmap for sustainable rural growth in one of Vietnam’s emerging agricultural regions. At the center of the initiative is a coordinated effort to strengthen agricultural value chains through investment in raw material zones, modern processing infrastructure, scientific research, and technology transfer. The province signed more than ten memorandums of understanding and investment agreements spanning sectors including tea, medicinal plants, livestock, forestry, eco-tourism, macadamia cultivation, and circular agriculture. Among the notable partnerships, Lai Chau entered into cooperation agreements with the Vietnam Macadamia Association and the Vietnam Tea Association to expand sustainable raw material areas and elevate the commercial value of key regional products such as macadamia and ancient Snow Shan tea. The province also attracted investments in high-tech livestock production, including breeding projects for pigs and poultry, alongside large-scale medicinal plant cultivation initiatives focused on ginseng, cinnamon, rosemary, and herbal product development. Several agreements integrated agricultural production with eco-tourism, renewable forestry models, and forest carbon credit initiatives — reflecting an increasingly holistic vision of rural economic development. Scientific institutions and research organizations were also brought into the framework to strengthen innovation and productivity. Agreements involving the Northern Mountainous Agriculture and Forestry Science Institute will support research and technology transfer for tea and fruit cultivation, with the goal of improving crop quality, processing efficiency, and climate resilience. Provincial leaders described the agreements as part of a broader transition toward organic, circular, and value-added agricultural systems capable of balancing economic growth with environmental stewardship. The strategy seeks not only to raise farmer incomes and attract private investment but also to position Lai Chau as a model for sustainable highland agriculture in Vietnam. Industry observers note that the province’s multi-sector approach reflects a growing trend across Asia toward integrating agriculture with ecological protection, advanced processing, tourism, and carbon-conscious development strategies as governments and businesses respond to shifting global food and sustainability priorities. ]]> https://www.agrospectrumasia.com/news/47/3787/gulf-food-security-drive-gains-momentum-as-oman-launches-new-investment-wave.html https://www.agrospectrumasia.com/news/47/3787/gulf-food-security-drive-gains-momentum-as-oman-launches-new-investment-wave.html Wed, 29 Apr 2026 16:42:37 +0530 Oman seeks to position agriculture and food processing as key pillars of long-term economic growth Oman is planning approximately $1 billion in food security investments during 2026 as part of an ambitious strategy to expand domestic agricultural production, strengthen self-sufficiency, and accelerate agribusiness development under the country’s 11th five-year plan. According to the Ministry of Agriculture, Fisheries and Water Resources, the investment pipeline includes around 400 projects spanning plant production, livestock, fisheries, and aquatic food security sectors. Authorities said roughly half of the planned projects will focus on agriculture and livestock activities, reflecting the government’s continued push to diversify the economy and reduce dependence on food imports. Officials stated that investment opportunities are being rolled out progressively, with hundreds of projects already identified across key food production segments. The government expects all planned opportunities to be fully launched before the end of 2026. The latest initiative builds on Oman’s broader food security drive during the previous five-year development plan, under which the country implemented hundreds of projects aimed at improving agricultural productivity, fisheries output, and supply chain resilience. Government data indicate that Oman has achieved particularly strong performance in fisheries, with self-sufficiency levels exceeding domestic demand and exports reaching approximately 60 international markets. Date production has also approached near-total self-sufficiency, while vegetable crop production continues to expand with exports reaching Gulf markets as well as Europe and Japan. Authorities acknowledged that red meat production remains one of the country’s key food security challenges, with current self-sufficiency levels below half of domestic demand. To address this gap, Oman has intensified investment partnerships with international agribusiness companies, including a recent agreement between the state-backed Oman Investment Authority and JBS to establish poultry and meat processing facilities in the sultanate. Industry observers view Oman’s latest investment programme as part of a broader regional shift toward food security-driven agricultural expansion, particularly across Gulf economies seeking to strengthen domestic production capabilities amid climate pressures, global supply chain disruptions, and rising import dependency concerns. ]]> https://www.agrospectrumasia.com/news/47/3785/qatar-and-algeria-advance-3-5-bn-mega-dairy-and-farming-project.html https://www.agrospectrumasia.com/news/47/3785/qatar-and-algeria-advance-3-5-bn-mega-dairy-and-farming-project.html Wed, 29 Apr 2026 16:31:26 +0530 Second phase of strategic agriculture venture targets cattle imports, milk production, and long-term food security goals Baladna and Algerian authorities have launched the second phase of a large-scale agricultural investment project valued at nearly $3.5 billion, further deepening bilateral cooperation in food production and agribusiness development. The latest phase of the multi-stage initiative includes approximately $635 million in new investments focused on cattle breeding operations and farmland development for powdered milk production in Algeria’s southwestern Adrar province. The agreement was signed in Algiers as part of broader efforts to strengthen regional food security and reduce reliance on imported dairy products. Under the second phase, the project will establish logistics and infrastructure systems to support the importation of 30,000 cattle from the United States over a 10-month period. Planned activities also include civil construction works, development of accommodation and service facilities, completion of a concrete production plant, and the launch of a dairy cow import program aimed at accelerating herd formation. Baladna holds a 51 percent stake in the project, while the remaining ownership is held by Algeria’s state-backed national investment fund. The partnership was initially launched in 2025 and is considered one of the world’s largest integrated dairy and farming ventures currently under development. According to project projections, the fully commissioned operation is expected to span more than one million square metres and eventually support a herd of approximately 270,000 cattle. Annual production targets include around 1.7 billion litres of milk alongside fodder and meat output intended to strengthen Algeria’s domestic agricultural capacity. The project reflects Qatar’s expanding investment footprint in Algeria and highlights growing Gulf interest in strategic food production assets amid increasing global focus on supply chain resilience and agricultural self-sufficiency. Qatar and Algeria maintain close economic ties, with cooperation extending across agriculture, energy, and infrastructure sectors. Industry observers view the investment as part of a broader regional trend toward large-scale agri-industrial projects designed to address food security challenges, stimulate rural development, and reduce exposure to volatile global commodity markets. ]]> https://www.agrospectrumasia.com/news/47/3784/philippines-agriculture-department-partners-with-megawide-to-modernize-farm-infrastructure.html https://www.agrospectrumasia.com/news/47/3784/philippines-agriculture-department-partners-with-megawide-to-modernize-farm-infrastructure.html Wed, 29 Apr 2026 16:25:22 +0530 Public-private initiative aims to reduce post-harvest losses, strengthen food security, and transform farmers into agri-entrepreneurs The Department of Agriculture has signed a landmark agreement with Megawide Construction Corp to accelerate the modernization of the country’s agricultural sector through integrated infrastructure development and private sector participation. The memorandum of understanding outlines a broad collaboration focused on improving agricultural productivity, reducing post-harvest losses, and strengthening long-term food security through investments in modern farm systems, logistics infrastructure, and renewable energy integration. Under the agreement, Megawide will support the rollout of agro-solar farming systems that combine crop production with renewable energy generation, reflecting growing interest in climate-smart agricultural infrastructure across Southeast Asia. The partnership also includes plans for food-processing facilities and food terminals intended to improve storage, logistics, and distribution efficiency throughout agricultural value chains. The Department of Agriculture said the initiative is expected to significantly reduce post-harvest losses, a longstanding challenge that has affected farmer profitability and weakened competitiveness in both domestic and export markets. Officials added that improved infrastructure and supply chain integration could help create more stable and commercially viable agricultural operations. The collaboration also seeks to promote clustered farming enterprises, enabling smallholder farmers to pool resources, access modern technologies, and transition toward larger-scale agribusiness models. Policymakers view the approach as part of a broader effort to strengthen rural economies and attract greater private investment into agriculture. The initiative aligns with the Philippine government’s wider strategy of repositioning farmers as agri-entrepreneurs while integrating agriculture with energy, logistics, and industrial systems. Authorities also expect the project to support the development of higher-value branded agricultural products with stronger market access potential. Industry observers note that the partnership reflects a growing regional trend toward public-private collaboration in agricultural modernization as governments seek to improve food system resilience, sustainability, and rural economic growth amid rising climate and supply chain pressures. ]]> https://www.agrospectrumasia.com/news/47/3774/olam-advances-breakup-plan-with-olam-agri-stake-sale.html https://www.agrospectrumasia.com/news/47/3774/olam-advances-breakup-plan-with-olam-agri-stake-sale.html Tue, 28 Apr 2026 16:25:53 +0530 First tranche deal values business at $4 billion, with full buyout in sight Olam Group Limited has completed the first tranche of its strategic stake sale in Olam Agri to Saudi Agriculture & Livestock Investment Company, marking a significant milestone in its ongoing restructuring strategy. The transaction involves the sale of a 44.58 per cent stake for approximately $1.88 billion, implying a 100 per cent equity valuation of $4.00 billion for Olam Agri, subject to closing adjustments. Following the completion, SALIC becomes the majority shareholder with an 80.01 per cent stake, while Olam Group retains 19.99 per cent, positioning Olam Agri as an associated company. The deal, executed through Olam Group’s wholly owned subsidiary Olam Holdings Pte. Ltd., follows the receipt of all regulatory approvals and fulfillment of closing conditions. It represents a key step in Olam Group’s Updated 2025 Reorganisation Plan, aimed at unlocking shareholder value and optimizing its capital structure. Clear Path to Full Ownership The agreement sets a defined roadmap for full ownership transition. Olam Group retains a put option to divest its remaining 19.99 per cent stake to SALIC within three years for a base consideration of approximately $799.6 million, along with additional option-linked returns and a 6 per cent internal rate of return (IRR). SALIC, in turn, holds a call option to acquire the remaining stake within the same timeframe under identical terms. Upon completion of this second tranche, Olam Agri will become a wholly owned subsidiary of SALIC. Strategic Realignment and Growth Focus The transaction underscores Olam Group’s shift toward portfolio simplification and capital efficiency, as it continues to monetize assets under its broader restructuring framework. The company remains focused on advancing growth initiatives within its remaining businesses while executing further divestments. For Olam Agri, the entry of SALIC—a global food security investor backed by Saudi Arabia’s sovereign wealth framework—marks a transformational inflection point. The partnership is expected to accelerate expansion across key agricultural value chains, including food, feed, fibre, and fuel, while strengthening its positioning as a global integrated agri-business platform. Strengthening Food Security Linkages The deal also reflects a broader trend of strategic capital flows into global food supply chains, as sovereign-backed investors seek to secure long-term access to agricultural resources. With SALIC’s backing, Olam Agri is poised to scale its operations and deepen its role in addressing global food security challenges. Financial advisory for the transaction was led by Rothschild & Co Singapore Limited, alongside Citigroup Global Markets Singapore Pte. Ltd and The Hongkong and Shanghai Banking Corporation Limited. The completion of the first tranche signals strong execution momentum for Olam Group’s restructuring roadmap, while setting the stage for a full ownership transition of Olam Agri in the coming years. ]]> https://www.agrospectrumasia.com/news/47/3773/kubota-deepens-bet-on-agricultural-automation-with-strategic-investment-in-agtonomy.html https://www.agrospectrumasia.com/news/47/3773/kubota-deepens-bet-on-agricultural-automation-with-strategic-investment-in-agtonomy.html Tue, 28 Apr 2026 16:17:34 +0530 Focus on precision automation as labor costs and shortages reshape agriculture Kubota Corporation is sharpening its push into next-generation agricultural technology with a strategic investment in Agtonomy, a U.S.-based innovator focused on automation platforms for precision farming. The move builds on an existing partnership between the two companies, launched in 2024, and signals Kubota’s intent to accelerate the commercialization of AI-driven, autonomous solutions for specialty crops—a segment increasingly under pressure from labor shortages and rising input costs. Scaling Automation in High-Value Agriculture Agtonomy operates at the intersection of physical AI and farm automation, developing systems that enable autonomous operations tailored for specialty crop cultivation, including fruits, vegetables, and nuts. Its technology is already being deployed across key agricultural regions in the western United States, including California, Oregon and Washington—areas that collectively account for some of the highest agricultural output in the country. These regions are facing intensifying structural challenges, from escalating labor costs to workforce shortages, driving demand for data-driven, automated farming systems that can enhance productivity while reducing operational dependency on manual labor. From Collaboration to Commercialization Since initiating joint projects in 2024, Kubota and Agtonomy have focused on integrating autonomous capabilities into agricultural machinery. That collaboration reached a visible milestone at CES 2026 in Las Vegas, where Kubota showcased its autonomous M5 Narrow tractor equipped with Agtonomy’s driving system. The partnership has already moved beyond prototyping. Early commercial deployments of Agtonomy’s platform are underway across the western U.S., supported by Kubota’s established dealer network—marking a transition from experimental innovation to real-world application at scale. A Strategic Push Into Smart Farming For Kubota, the investment reflects a broader strategy to expand its footprint in smart agriculture, leveraging external innovation to complement its core machinery business. By backing Agtonomy, the company is positioning itself to play a central role in the shift toward automated, precision-driven farming ecosystems. Agtonomy, in turn, gains not only capital but also access to Kubota’s global reach, distribution infrastructure, and deep domain expertise—critical enablers as it scales its technology across commercial farming operations. The Bigger Picture As agriculture confronts mounting pressures—from labor constraints to sustainability demands—the integration of AI and automation is rapidly moving from optional to essential. Kubota’s investment underscores a growing industry consensus: the future of farming will be autonomous, data-led, and deeply integrated with intelligent systems. With this partnership, both companies are betting that the transformation of specialty crop farming will be among the first—and most consequential—frontiers in that shift. ]]> https://www.agrospectrumasia.com/news/47/3766/upl-invests-86-7-mn-in-sinova.html https://www.agrospectrumasia.com/news/47/3766/upl-invests-86-7-mn-in-sinova.html Mon, 27 Apr 2026 16:36:15 +0530 Stake to rise to 55.81 per cent as company strengthens Brazil presence In a strategic move to reinforce its presence in one of the world’s most critical agricultural markets, UPL Limited has announced a further equity investment in its associate entity, Sinova Inovacoes Agricolas S.A.. The investment, valued at approximately $ 86.7 million (BRL 450 million), will be channeled through UPL’s subsidiary in Brazil and is aimed at strengthening Sinova’s financial position. The capital infusion is designed to support working capital requirements while also enabling a reduction in existing debt, thereby enhancing the operational resilience of the Brazilian entity. Following the completion of the transaction—expected by mid-May 2026—UPL’s shareholding in Sinova will increase from 49.97 percent to 55.81 percent. Sinova plays a pivotal role in Brazil’s agricultural ecosystem, particularly within the Cerrado region, a vast savanna known for its large-scale grain production. As a key reseller of agricultural inputs and commodities, the company also serves as an important distribution partner for UPL, facilitating deeper market penetration across this high-growth geography. Despite the increase in stake, UPL has clarified that Sinova will continue to be treated as an associate entity, as the company will not assume management control. This underscores a partnership-led approach, where strategic alignment is prioritised over operational integration. The transaction is being executed via United Phosphorus Holdings Brazil B.V., a step-down subsidiary of UPL, and reflects the company’s continued focus on strengthening its global distribution network. By reinforcing its alliance with Sinova, UPL aims to enhance its reach in South America while supporting the long-term growth and stability of its regional partner. As global agriculture continues to evolve amid shifting market dynamics, investments of this nature highlight the increasing importance of resilient, locally anchored distribution ecosystems in driving sustainable growth. ]]> https://www.agrospectrumasia.com/news/47/3732/elsoms-seeds-unveils-vision-for-innovation-new-era-in-crop-science-begins.html https://www.agrospectrumasia.com/news/47/3732/elsoms-seeds-unveils-vision-for-innovation-new-era-in-crop-science-begins.html Tue, 21 Apr 2026 15:24:00 +0530 State-of-the-art centre to accelerate breeding, strengthen R&D, and power the next generation of resilient crops In a decisive step towards advancing global agricultural innovation, Elsoms Seeds has announced a major investment in a cutting-edge Innovation Centre, designed to significantly expand its research and development capabilities. As one of the United Kingdom’s leading independent seed businesses with a growing global footprint, the company is reinforcing its commitment to plant science, improved varieties, and sustainable food production. Scaling Research, Accelerating Results The new facility will markedly increase R&D capacity, enabling faster development of high-performing, resilient crop varieties tailored to evolving agricultural challenges. By enhancing scientific capabilities and streamlining delivery, the centre is set to strengthen support for customers and partners across international markets. Crucially, it will also bring together teams from Elsoms Seeds, Elsoms Wheat, and Elsoms Ackermann Barley under one roof, fostering collaboration and accelerating innovation pipelines. Strategic Location, Seamless Integration Positioned adjacent to the company’s trial grounds near its headquarters in Spalding, the Innovation Centre will offer a unique integration of laboratory science and field application. Visitors and partners will be able to witness first-hand how advanced techniques and technologies are applied to unlock plant potential, while also exploring demonstration plots in real-world growing conditions. The site will further serve as a hub for future customer engagement events and open days. Designed for Scientific Excellence Construction is scheduled to begin in June 2026, with a one-year build programme planned to deliver a comprehensive suite of facilities. These will include climate-controlled growing rooms, specialised laboratories, and modern office spaces, alongside upgrades to existing infrastructure. The development reflects a forward-looking approach to research, ensuring the company remains at the forefront of seed innovation. Driving Productivity and Sustainability According to David Coop, Managing Director of Elsoms Seeds, the investment is firmly rooted in customer needs and long-term sustainability goals. By advancing plant science and breeding superior varieties, the company aims to help growers achieve higher productivity with fewer resources—supporting both economic viability and global food security. Innovation at the Heart of Agriculture’s Future As the pressures of climate change, resource constraints, and population growth intensify, investments such as this signal a critical shift towards science-led solutions. With its new Innovation Centre, Elsoms Seeds is not only expanding its capabilities—it is helping shape a more resilient and productive agricultural future. ]]> https://www.agrospectrumasia.com/news/47/3724/plasmaleap-raises-30m-to-rewire-fertiliser-supply-chain-as-geopolitical-risks-bite.html https://www.agrospectrumasia.com/news/47/3724/plasmaleap-raises-30m-to-rewire-fertiliser-supply-chain-as-geopolitical-risks-bite.html Mon, 20 Apr 2026 17:18:52 +0530 A surge in fertiliser prices driven by conflict in the Middle East is accelerating investor appetite for technologies that could localise and decarbonise agricultural inputs, as Australian startup PlasmaLeap Technologies secures A$30 million in Series A funding. The round drew a coalition of agribusiness heavyweights and climate-focused investors, including the Grains Research and Development Corporation (GRDC), Hort Innovation, GrainCorp’s venture arm, New Zealand’s Agnition Ventures (Ravensdown’s corporate VC), the Gates Foundation, Investible, Yara Growth Ventures, UniSuper and Twynam. Founded as a spin-out from the University of Sydney, PlasmaLeap is developing a reactor that produces ammonia and nitric acid—core ingredients in nitrogen fertiliser—using only air, water and renewable electricity. The company argues the system could decentralise a sector long dominated by large, energy-intensive industrial plants and fragile global supply routes. That pitch is gaining urgency. Roughly 45 per cent of globally traded nitrogen fertiliser is linked to supply chains passing through the Middle East, with about a third of global flows routed via the Strait of Hormuz. Disruptions linked to regional conflict have already pushed prices higher, adding pressure on farmers’ input costs. PlasmaLeap CEO Frere Byrne framed the technology as a buffer against that volatility. “The conflict in the Gulf has highlighted the risks to nitrogen fertiliser supply and the very real risks to farmers—and consumers—from price shocks,” he said. The company’s model, he added, could allow fertiliser to be produced closer to where it is used, reducing exposure to global shocks while cutting emissions. Backers are positioning the investment as both an economic and strategic hedge for agriculture. GRDC managing director Nigel Hart said decentralised production could strengthen supply resilience while supporting sustainability goals, calling it “strategically important for the Australian grains sector.” GrainCorp Ventures highlighted the potential to reduce emissions and improve cost stability for growers, while Hort Innovation emphasised the importance of reliable fertiliser access for horticulture amid rising input costs and supply chain strain. The funding will support construction of early fertiliser production hubs in New South Wales and Tasmania, along with expanded field trials and continued development of the core reactor technology. Longer-term ambitions extend beyond agriculture, with potential applications in synthetic fuels and energy systems. For now, though, the focus is firmly on fertiliser—a sector where geopolitical shocks are increasingly being felt in farm budgets, and where investors are betting that localisation could become the next major industrial shift. ]]> https://www.agrospectrumasia.com/news/47/3710/net-zero-acceleration-strategic-tri-partnership-targets-climate-tech-scale-up-in-vietnam.html https://www.agrospectrumasia.com/news/47/3710/net-zero-acceleration-strategic-tri-partnership-targets-climate-tech-scale-up-in-vietnam.html Mon, 20 Apr 2026 15:36:58 +0530 MoF, KOICA, and GGGI launch strategic platform to mobilise investment, accelerate innovation, and power Vietnam’s net-zero future In a decisive step toward shaping the future of sustainable innovation, Vietnam’s Ministry of Finance (MoF), in collaboration with the Korea International Cooperation Agency (KOICA) and the Global Green Growth Institute (GGGI), has unveiled a landmark initiative aimed at mobilising capital and accelerating the growth of climate-tech startups and small businesses. Designed as a multi-dimensional platform bridging Vietnam, South Korea, and global markets, the project reflects a bold vision to transform Vietnam into a dynamic hub for climate innovation while reinforcing its pathway to net-zero emissions. Launched on April 17, the initiative arrives at a moment of deepening strategic ties between Vietnam and South Korea, underscored by the upcoming state visit of the South Korean President. Beyond diplomatic symbolism, the collaboration signals a structural shift in how nations co-create resilient supply chains and jointly accelerate the decarbonisation of global industries. At its core, the programme positions climate-tech as both an economic opportunity and an environmental imperative. Structured around twin pillars of market acceleration and policy transformation, the initiative is engineered to deliver impact at scale. On the market front, it will roll out targeted acceleration programmes spanning critical sectors—agriculture, circular economy, and waste management in 2026, followed by renewable energy and transport in 2027. These programmes are designed not merely to nurture startups but to catapult them into globally competitive enterprises through mentorship, strategic guidance, and access to international capital networks. Complementing this is a robust policy and institutional strengthening agenda. The project will work closely with central and provincial authorities to refine frameworks for green investment, enhance the appraisal of climate-aligned projects, and embed net-zero objectives into Vietnam’s socioeconomic development blueprint for 2026–2030. This dual approach ensures that innovation is matched by an enabling ecosystem capable of sustaining long-term growth. The initiative also confronts a critical gap in Vietnam’s climate-tech landscape: the challenge of scaling innovation. While the country has made notable strides in policy and industrial readiness, startups continue to face barriers in commercialisation, market entry, and access to finance. By integrating global expertise with local insight, the platform aims to dismantle these barriers, streamline market-entry pathways, and create fertile ground for both domestic and international innovators. A flagship component of the programme, the “Climate Tech Catalyst: Vietnam and Beyond,” exemplifies this ambition. Across two cohorts in 2026 and 2027, the accelerator will select a total of 30 high-potential companies, offering them a comprehensive support ecosystem that includes expert mentorship, business model refinement, investor matchmaking, and global market access. Participants will also benefit from grant funding of up to $240,000, providing critical early-stage capital to scale their solutions. The 2026 cohort will spotlight innovations in agriculture and the circular economy—sectors central to Vietnam’s emissions reduction goals and economic transformation—while the 2027 cohort will pivot toward renewable energy and transport, aligning with the next phase of the country’s decarbonisation journey. Strategic partners, including Vietnam Silicon Valley Capital and South Korea’s MYSC, will play a pivotal role in guiding startups through this journey, leveraging their expertise in venture building and impact investment. At a broader level, the initiative represents a sophisticated convergence of finance, technology, and policy—an emerging blueprint for climate-driven economic development. By aligning investment flows with innovation pipelines and regulatory frameworks, MoF, KOICA, and GGGI are not only catalysing a new generation of climate-tech enterprises but also redefining how nations collaborate to tackle the defining challenge of our time. As Vietnam positions itself at the forefront of the global green transition, this partnership stands as a testament to the power of cross-border collaboration in unlocking sustainable growth, fostering innovation, and building a resilient, net-zero future. ]]> https://www.agrospectrumasia.com/news/47/3678/singapore-pilots-for-energy-enterprise-decarbonisation-speed-programme-with-250m-investment.html https://www.agrospectrumasia.com/news/47/3678/singapore-pilots-for-energy-enterprise-decarbonisation-speed-programme-with-250m-investment.html Wed, 08 Apr 2026 11:03:49 +0530 Aims to support low-carbon technology pilots and deployments to support low-carbon technology pilots and deployments Singapore has launched a new Singapore Pilots for Energy & Enterprise Decarbonisation (SPEED) programme. The SPEED programme is part of the Research, Innovation and Enterprise (RIE) 2030 Decarbonisation Grand Challenge (DGC) unveiled earlier in March 2026, during the Ministry of Trade and Industry’s Committee of Supply debate. SPEED will set aside $250M to accelerate the scaling up of technologies that support Singapore’s decarbonisation efforts. SPEED will support local translational Research, Development & Demonstration (RD&D) of promising low-carbon technologies in the power and industry sectors that are close to market roll-out, so that these technologies can be deployed at scale in Singapore. These efforts are targeted to create more viable options for Singapore’s future decarbonisation efforts at competitive cost. Through SPEED, relevant and impactful technology providers will be supported in translating and commercialisng emerging decarbonisation solutions, catered for Singapore’s needs. SPEED will also create value for Singapore through local co-development of scientific and engineering knowledge, and strengthen Singapore’s reputation as a destination for low-carbon-related RD&D. As part of SPEED, partnerships formed between Singapore-based companies and technology providers in deploying the solutions will build up local capabilities in piloting new deep technologies, and prepare Singapore for wider adoption of these solutions in the future. The SPEED programme office will be hosted by A*STAR and will collaborate closely with the Energy Market Authority (EMA), the Singapore Economic Development Board (EDB), relevant research institutes and institutes of higher learning in Singapore. To uncover promising decarbonisation technologies for further development and deployment in Singapore, the SPEED programme office will also actively collaborate with key technology sourcing partners. These include private sector companies, Temasek, SG Growth Capital (the investment platform of EDB and Enterprise Singapore), global climate venture funds, accelerators, amongst other global partners. SPEED will support decarbonisation technology pilots through: Funding support for potentially impactful and nascent decarbonisation solutions: SPEED may co-fund eligible pilot projects that are aligned with Singapore’s national decarbonisation plans, including but not limited to solar, carbon capture & utilisation, electrification & energy efficiency, hydrogen & derivatives, advanced grid technologies and energy storage solutions. Companies and startups applying and receiving the support must have a presence in Singapore and the project must have meaningful support and co-funding by relevant receptacles from the private or public sector.  Connecting stakeholders: SPEED will bring together stakeholders across Singapore’s climate tech landscape, including technology providers, local receptacles, potential offtake customers, financiers, regulatory agencies, etc.  Reducing regulatory hurdles: Where necessary and practicable, SPEED will convene regulatory sandboxes to facilitate pilots through regulatory approvals and waivers, while balancing safety and reliability ]]> https://www.agrospectrumasia.com/news/47/3634/korea-launches-national-agricultural-ax-platform-to-accelerate-ai-transformation.html https://www.agrospectrumasia.com/news/47/3634/korea-launches-national-agricultural-ax-platform-to-accelerate-ai-transformation.html Mon, 16 Mar 2026 11:23:58 +0530 Estimated USD 215 million to be unvested in Public-Private Partnership (SPC) projects The South Korean government is set to fully accelerate the transformation of agriculture into an AI-leading industry by establishing the "National Agricultural AX (AI Transformation) Platform," which integrates cutting-edge technologies such as Artificial Intelligence (AI) and robotics. At the Meeting of Ministers on Economic Affairs presided over by Deputy Prime Minister Koo Yun-cheol, the government discussed the plan to promote this national platform. The Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced that it will enhance agricultural competitiveness through this platform, which combines AI and data-based farming solutions with next-generation smart farm models. The goal is to move beyond the limits of existing hardware-centric smart farming and create an "Intelligent Agricultural Ecosystem" that increases productivity and is easily accessible even to elderly or novice farmers. Key highlights of the project include:- Public-Private Partnership (SPC): The project will be driven by a joint SPC. The total project cost is estimated at over KRW 290 billion (approx. USD 215 million), with the government contributing up to KRW 140 billion.- Private-Led Operation: The government plans to minimize intervention to ensure public interest while allowing the platform to be operated primarily by the private sector to maximize professional expertise.- Advanced Technology: The platform will build specialized AI models for cultivation and livestock, providing customized services such as early pest diagnosis, growth management, and remote precision control.- Infrastructure: Construction of high-efficiency, low-cost smart greenhouses and livestock barns capable of intelligent remote control. MAFRA aims to reduce labor burdens and boost productivity while fostering AI agricultural technology as a new export industry. The Ministry plans to launch a consortium call and hold business briefings this month, aiming to establish the SPC within the year. To ensure stability, the government will provide administrative support for land acquisition and financial support through policy funds like the National Growth Fund. "We expect to increase agricultural profitability and reduce labor burdens through innovation in the farming environment," a MAFRA official stated. "We will secure global competitiveness by pioneering high-value-added markets through our AI agricultural models." ]]> https://www.agrospectrumasia.com/news/47/3622/digitizing-farm-balance-sheet-rwas-and-future-of-agri-finance.html https://www.agrospectrumasia.com/news/47/3622/digitizing-farm-balance-sheet-rwas-and-future-of-agri-finance.html Tue, 10 Mar 2026 17:18:57 +0530 In an exclusive conversation with AgroSpectrum, Dimitra Founder & CEO Jon Trask explains why tokenized real-world assets, blockchain-backed MRV and carbon markets could reshape global agricultural finance Jon Trask discusses how tokenized real-world assets (RWAs) are transitioning from speculative blockchain experiments into institutional-grade financial infrastructure for agriculture. Drawing from Dimitra’s work across emerging markets and its collaboration with MANTRA, Trask highlights how verified farm data, MRV frameworks, and blockchain technology can convert agricultural production, carbon credits, and supply-chain outputs into investable digital assets. He explains that tokenization can address agriculture’s historic paradox of being asset-rich but liquidity-poor, enabling farmers and cooperatives to access new capital pools while improving transparency for investors. The interview also explores the operational realities of scaling agricultural RWAs—from satellite monitoring and IoT-driven data validation to governance structures required for institutional compliance. Looking ahead, Trask argues that tokenized agriculture will likely become part of the core financial infrastructure of global food systems, enabling climate-aligned capital and more efficient, data-driven agricultural markets. At Consensus Hong Kong, industry heavyweights signaled that tokenized real-world assets have crossed from speculation into structural utility. From your vantage point in agriculture, what evidence convinces you that RWAs are entering a long-term institutional cycle rather than a hype-driven one?  The clearest signal we see is the replacement of speculative interest with structural pressure, but in agriculture that pressure is now tied to a very specific outcome: turning physical production into an investable, financeable digital asset. Traceability and MRV can exist without an RWA, but an RWA becomes the bridge between “proof” and “capital” by packaging verified production, performance, and delivery rights into a standardized instrument that institutions can underwrite. Tokenized agricultural RWAs backed by verifiable data help in three concrete ways. First, they make financing underwritable: when the asset is linked to auditable farm and supply-chain records, investors can price risk and deploy capital against real collateral or forward flows (inventory, receivables, offtake agreements), rather than relying on informal guarantees. Second, they improve enforceability and transparency: the same data that supports traceability becomes the evidence layer for covenants, performance triggers, and monitoring, reducing fraud risk and transaction costs for lenders and development finance. Third, they broaden access: producers and cooperatives can use standardized, data-backed RWAs to reach new pools of capital like institutions, development banks, and corporates seeking measurable climate and supply-chain outcomes, without requiring each financier to rebuild due diligence from scratch. Conversations in this space have also shifted. Now, instead of focusing solely on token mechanics, investors want to know about MRV (Measurement, Reporting, and Verification) standards, risk frameworks, legal enforceability, and alignment with emerging carbon and sustainability regulations, because those are the prerequisites for financing at scale. This shift tells us the market is maturing: less about short-term trading incentives, and more about building the infrastructure that converts verified agricultural activity into long-term institutional-grade investment products. Agriculture has always been asset-rich but liquidity-poor. How does bringing farmland, inputs, harvests, and carbon credits on-chain fundamentally alter capital formation for producers—especially in emerging markets?  Agriculture has historically been asset-rich but liquidity-poor because the real economic value of land, inputs, outputs, and ecosystem services is difficult to quantify, verify, and transact, especially for smallholder farmers operating under strained and unpredictable conditions. By bringing agricultural assets on-chain, we can capture, verify, and mobilize that value in ways traditional systems have struggled to do, particularly for farmers. When farmland, inputs, harvests, and carbon credits are recorded on-chain, they become trusted and verifiable digital assets that can be tokenized, used as collateral, traded, or tied to performance-based financing. This on-chain asset representation enables farmers to monetize not only what they grow, but how they grow it, unlocking new pathways to climate finance and scalable capital formation. This is particularly true in emerging markets, where producers often lack formal credit histories.  It also moves agriculture beyond a financing model tied only to yield and land value. For instance, carbon credits become liquid climate assets. This, in itself, allows producers to diversify their financing. So, while investors are presented with the opportunity to fund climate-positive agriculture, producers are rewarded for adopting sustainable practices that generate verified, tradeable value. Your partnership with MANTRA aimed to verify carbon credits and tokenize agricultural assets across South America. What did that initiative reveal about institutional appetite for on-chain agricultural RWAs—and the operational hurdles of executing at regional scale?  The partnership with MANTRA revealed that institutional appetite for on-chain agricultural RWAs is real, but highly conditional—and it is becoming more real as projects move from pilots into execution. Investors engage when assets are backed by verifiable data, clear governance, and measurable outcomes, particularly around carbon integrity and sustainability metrics. The conversation is no longer about tokenization as a concept; it is about whether the underlying infrastructure and the legal/financial structure are credible enough to support real-world adoption at scale. It also made clear that, beyond technology, we must offer an opportunity where investors are willing to assume the risk in a way that fits their mandate. In practice, that means structuring investable products with clear risk allocation, enforceable rights, and monitoring-based controls, often combining traceability, MRV, and real cash-flow or collateral mechanisms. This takes time, and institutions typically require iteration on the structure, documentation, and governance as the project advances, and adjustments are often needed along the process as field realities, regulatory requirements, and data maturity become clearer. Executing at regional scale highlighted how operationally complex agriculture still is. Across South America, producers operate under different regulatory environments, data standards, and levels of digital maturity. Verifying carbon credits or tokenizing agricultural assets requires strong MRV frameworks, consistent data collection methodologies, and ground-level partnerships. Technology is only one part of the equation; alignment between farmers, cooperatives, regulators, and other stakeholders, plus the patience to refine the structure over time, is what turns on-chain RWAs into scalable, institutional-grade deployments. Tokenization promises transparency and efficiency—but agriculture is fragmented and analog. What infrastructure layers (data validation, satellite monitoring, IoT, local governance) are essential before RWAs in farming can meet institutional compliance standards?  The crucial piece of this puzzle precedes tokenization. Before real-world agricultural assets can meet institutional compliance standards, the underlying data infrastructure must be robust, verifiable, and transparent. Without reliable ground-truth data, on-chain representation can not withstand institutional scrutiny. The next critical layer is multi-source validation. Satellite monitoring provides independent verification of land use, crop health, and deforestation risk. IoT devices and mobile agronomic tools contribute real-time insights into inputs, yields, and environmental performance. These data streams must be cross-referenced and time-stamped to create an auditable trail. Institutions require defensible MRV frameworks, meaning data must be consistent, tamper-evident, and aligned with emerging regulatory standards for carbon, sustainability, and supply chain traceability.  Finally, local governance and regulatory compliance are essential. Institutional adoption depends not only on technical integrity but also on legal certainty and local stakeholder alignment. With these three factors in place, agricultural RWAs become credible digital representations of real-world activity that can meet compliance expectations and operate at scale. Carbon markets have faced credibility challenges. How does blockchain-based verification improve integrity, and can tokenized agricultural carbon credits realistically meet the scrutiny of global regulators and institutional buyers?  Blockchain-based verification improves integrity by ensuring that once key events and evidence are recorded, they cannot be altered retroactively. That immutability is essential, but on its own it does not solve the credibility problem. The real integrity comes from robust MRV made up of sound methodologies, high-quality field data, third-party auditability, and consistent monitoring. In that context, blockchain is the final credibility layer: it anchors MRV evidence, custody, and credit lifecycle events in a tamper-resistant record, reducing disputes and making reviews faster and more defensible. At Dimitra, we build on that foundation by combining blockchain with AI, IoT, and satellite-based MRV systems so data is captured and validated as close to the source as possible and then permanently attested on-chain. This creates field-level traceability and a practical verification trail that allows institutional buyers and regulators to interrogate the methodology, monitoring outputs, audit logs, issuance, transfers, and retirement records without relying on opaque, manually curated files.  Tokenized agricultural carbon credits can meet global scrutiny, but only when they are issued under recognized standards, backed by rigorous MRV and governance, and structured to support independent auditing and regulatory reporting. In other words, blockchain is not the goal. It is the mechanism that makes strong MRV harder to tamper with and easier to trust at scale. Institutional investors are now seeking yield tied to real economic activity. How does agricultural RWA tokenization compare—on risk, volatility, and return profile—to traditional agri-finance instruments?  For investors, agriculture has always offered yield anchored in productive, real-world activity. However, traditional agri-finance instruments have historically relied on fragmented reporting, periodic audits, and opaque risk assessment. In comparison, Tokenized RWAs, when built on verified field data, satellite monitoring, and blockchain technology, allow risk to be measured continuously. While this doesn’t mitigate the risks inherent to agricultural output (i.e., weather, disease, geopolitical tension), it facilitates greater transparency, which can reduce fraud risk and enable more dynamic risk pricing. Especially in emerging markets, where perceived risk is often inflated due to limited data, structured digital verification can narrow the risk premium and create more accurate return expectations. Ultimately, tokenization connects stakeholders more directly to real agricultural performance, improving visibility into how value is created and how risk is mitigated over time. Smallholder inclusion remains a central narrative. How do you ensure that tokenization empowers farmers with cheaper capital and better market access—rather than concentrating value among platforms and global investors?  Smallholder inclusion is not a narrative at Dimitra; it’s fundamental to our architecture, and one of the hardest parts is simply reaching farmers and sustaining participation at scale. That’s why we don’t try to “onboard farmers” in isolation. We structure projects through cooperatives, NGOs, and local organizations that farmers already trust and interact with, because those partners are essential for field operations, adoption, training, and ongoing data quality. Our approach is designed to make the value farmers already create visible, verifiable, and measurable. It starts with farmer-owned data captured at the field level and transparent value attribution, so any tokenized asset, whether tied to harvests, receivables, or carbon outcomes, originates from and is traceable to the producer, with clear rules on how value is shared. Tokenization only makes sense if it is linked to real benefits, like cheaper capital through underwritable evidence and risk reduction, and better market access by enabling compliance and buyer-ready traceability. By creating verifiable digital records at the farm level, we give farmers a structured way to document how they operate and what they produce, which lowers due diligence costs for lenders and buyers and reduces the information asymmetry that drives high financing costs. We also design governance and distribution so value doesn’t concentrate at the platform level through transparent fee structures, farmer-level attribution, and mechanisms that scale farmer upside as participation grows. The goal is a system where capital and market premiums flow back to farmers because their data and outcomes make the asset investable, not a system where tokenization becomes an extractive layer on top of their work. Regulatory clarity around digital assets is still evolving. What jurisdictions are best positioned to lead in agricultural RWAs, and how critical is harmonized global policy for scaling cross-border tokenized commodity markets?  In order to achieve impactful adoption and scale effectively, we believe in evaluating each jurisdiction on an individual basis. This means taking the social, legal, political, geographical, and cultural context of each individual jurisdiction into careful, specific consideration, as opposed to broadly cross-comparing landscapes.  While we also appreciate that full global harmonization of policy would accelerate adoption, we are not naive to the fact that the probability of this in the short term is low and will probably take many years to achieve. In the interim, we must accept the current reality with patience and work within the confines of each country’s legislative and regulatory boundaries. Looking ahead five to ten years, do you see tokenized agriculture becoming core infrastructure for global food systems finance —or a parallel alternative market serving climate-aligned capital pools?   I believe that tokenized agriculture will become part of the core infrastructure rather than a parallel alternative market. Agricultural systems are already moving towards greater transparency, traceability, and data-driven compliance. Tokenization is a practical way to make those systems more interoperable and verifiable. It won’t replace existing markets overnight, but it will increasingly sit alongside them as a digital layer that improves how agricultural activity is recorded, verified, and exchanged across global supply chains. --- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/3595/malaysia-allocates-rm33mil-for-high-impact-agriculture-projects-under-13mp.html https://www.agrospectrumasia.com/news/47/3595/malaysia-allocates-rm33mil-for-high-impact-agriculture-projects-under-13mp.html Mon, 23 Feb 2026 12:07:58 +0530 Government Boosts Agricultural Development with High-Impact Projects Under 12th and 13th Malaysia Plans A total of RM33mil has been approved under the 13th Malaysia Plan to implement high-impact agricultural projects from 2026 to 2030, says Deputy Agriculture and Food Security Minister Datuk Chan Foong Hin. The government has committed significant funding to bolster agricultural development and food security through various high-impact initiatives under the 12th and 13th Malaysia Plans. These efforts aim to enhance food production, improve infrastructure, and support sustainable agricultural practices across the country. Deputy Agriculture and Food Security Minister Datuk Chan Foong Hin announced that RM33 million has been approved under the 13th Malaysia Plan to implement high-impact agricultural projects from 2026 to 2030. This includes the Food Crop Production Zone Empowerment Project, which seeks to ensure the continuity of agricultural advancements nationwide. Under the 12th Malaysia Plan, RM24.98 million was allocated to upgrade existing Permanent Food Production Parks (TKPMs), while RM18.47 million was directed toward developing new parks. TKPM upgrades have been rolled out across the country, except in Perlis, while new park development projects are underway in Johor, Kelantan, Pahang, Penang, Perak, Terengganu, and Perlis. In addition to these initiatives, the government has introduced the Aquaculture Industrial Zone (ZIA) Development initiative to transform the aquaculture sector into a large-scale, sustainable, and competitive commercial industry. A total of RM18 million has been allocated under the 12th Malaysia Plan for the development of high-potential ZIAs focusing on fish, shrimp, and shellfish farming. To date, 54 ZIA locations have been identified nationwide, encompassing both marine and freshwater aquaculture. These efforts have resulted in 12,730 hectares of active cultivation, producing 9,044.46 metric tonnes of aquaculture products valued at RM684 million in 2024. Another key project highlighted by Chan is the Jeniang Water Transfer Scheme in Kedah, approved under the 12th Malaysia Plan with an estimated cost of RM1.34 billion. Upon completion, the project will significantly enhance water management capacity and efficiency in Kedah, particularly within the Muda Agricultural Development Authority (MADA) area and surrounding regions. The scheme will channel and store water from Sungai Muda at Naok Dam, ensuring a stable and continuous water supply to support paddy cultivation and related agricultural activities in the area. The government is also driving the national ruminant industry forward through the Pengganda30 Programme, a high-impact initiative under the 13th Malaysia Plan aimed at achieving a 50% self-sufficiency ratio (SSR) for ruminant meat by 2030. With a project cost of RM450 million, the programme is designed as an integrated intervention to rapidly increase the population of meat ruminants, including cattle and goats, delivering substantial impact within a short timeframe. These projects are part of the government’s broader efforts under the National Food Security Programme to address food production challenges and ensure sustainable agricultural growth. In response to a question from Datuk Siti Zailah Mohd Yusoff (PN-Rantau Panjang) during Question Time on Feb 9, Chan outlined the scope, locations, and allocations of these initiatives. Siti Zailah had sought details on high-impact agricultural projects implemented nationwide, including their implementation strategies and the government’s role in advancing food security. Chan emphasized that these projects are part of a comprehensive approach to strengthen Malaysia’s agricultural sector. The upgrades to existing TKPMs and the development of new parks aim to increase food production capacity, while the ZIA initiative focuses on modernizing aquaculture practices to meet growing demand. Similarly, the Jeniang Water Transfer Scheme and Pengganda30 Programme are tailored to address specific challenges in water resource management and ruminant production, respectively. The deputy minister noted that these initiatives reflect the government’s commitment to ensuring food security and supporting the livelihoods of farmers and producers. By investing in infrastructure, technology, and targeted interventions, the government aims to create a more resilient and competitive agricultural sector. The announcement underscores the importance of sustained investment in agriculture to meet the country’s food security goals while fostering economic growth in rural areas. With these projects spanning multiple states and focusing on diverse agricultural domains, the government is taking proactive steps to address both immediate and long-term challenges in food production and resource management. This multi-faceted approach demonstrates the government’s determination to position Malaysia as a leader in sustainable agriculture while ensuring the nation’s food supply remains secure and self-sufficient in the years to come. ]]> https://www.agrospectrumasia.com/news/47/3573/gross-wen-technologies-martin-gross-on-algae-based-wastewater-as-next-frontier-of-resilient-infrastructure.html https://www.agrospectrumasia.com/news/47/3573/gross-wen-technologies-martin-gross-on-algae-based-wastewater-as-next-frontier-of-resilient-infrastructure.html Tue, 10 Feb 2026 11:48:51 +0530 In an exclusive with AgroSpectrum, the Founder & CEO explains how Global Cleantech 100 recognition validates economic durability, circular value creation, and the future of wastewater as a strategic asset AgroSpectrum spoke with Martin Gross, Founder & CEO of Gross-Wen Technologies, following the company’s inclusion in the 2026 Global Cleantech 100. He highlighted how the recognition validates algae-based wastewater treatment as a mature, infrastructure-ready solution for both municipal and industrial users, delivering regulatory compliance alongside energy savings and usable biomass. Gross emphasized Gross-Wen’s focus on economic durability—reducing operating costs, emissions, and chemical dependence while enabling circular value creation through nutrient and carbon recovery. Looking ahead, he positioned wastewater as a strategic asset, with Gross-Wen helping cities and industries build resilient, low-carbon water infrastructure amid tightening capital and climate constraints. Recognition & Strategic Validation Gross-Wen Technologies has been named to the 2026 Global Cleantech 100 at a time when the market is becoming more disciplined and competitive. What does this recognition signal to you about the maturity of algae-based wastewater treatment and its role in the future of critical infrastructure? Being named to the 2026 Global Cleantech 100 signals that algae-based wastewater treatment has reached infrastructure maturity across both municipal and industrial applications. For cities and food and beverage manufacturers alike, it validates that biological systems can deliver reliable compliance while producing a usable algae biomass. This recognition underscores algae’s growing role in resilient, next-generation water infrastructure. Economic Durability as the New Cleantech Mandate Cleantech Group highlights a shift from efficiency-driven innovation to durability-driven systems. How does Gross-Wen’s technology embody economic durability, particularly for municipalities and industrial customers operating under tighter capital and regulatory constraints? Gross-Wen’s technology delivers economic durability by reducing energy use, lowering greenhouse gas emissions, and minimizing chemical and sludge costs for municipalities and industrial operators, including food and beverage facilities. The treatment process also produces algae biomass as a viable byproduct, creating opportunities to offset operating costs. This combination supports long-term affordability under increasing regulatory and capital constraints. Water, Climate, and National Resilience Water security is increasingly intersecting with climate resilience and national security. How do you see algae-based wastewater treatment contributing to long-term water independence and resource security in the U.S. and globally? Algae-based wastewater treatment reduces reliance on energy-intensive processes while enabling nutrient recovery and water reuse at both municipal plants and industrial facilities. For food and beverage producers, this supports compliance and operational resilience while lowering emissions. At a broader level, it strengthens water independence and resource security in the face of climate volatility. Scalability in a Competitive Market With investment and attention concentrating in select “grow” sectors like AI and critical minerals, how has Gross-Wen positioned itself to scale in a market where capital efficiency, predictability, and proven deployment matter more than ever? We’ve positioned Gross-Wen to scale by focusing on standardized, capital-efficient systems with predictable performance for both municipal utilities and industrial customers. In sectors like food and beverage, proven energy savings, emissions reductions, and consistent biomass production are more important than speculative innovation. Repeat deployments and operating data have been central to our growth. Carbon, Nutrients, and Circular Value Creation Gross-Wen’s system not only treats wastewater but captures carbon and recovers nutrients for reuse. How important is this circular value proposition in helping customers justify adoption—and how do you see markets evolving for recovered nutrients and algae-derived products? The circular value proposition is critical because nutrients and carbon are captured into algae biomass during treatment, reducing greenhouse gas emissions while producing a usable product. This helps both municipalities and industrial users justify investment beyond compliance alone. We see growing demand for recovered nutrients and algae-derived products as sustainability and cost pressures continue to align. From Pilot Projects to Infrastructure Mainstay Many climate technologies struggle to move from pilots to widespread infrastructure adoption. What have been the key lessons Gross-Wen has learned in bridging that gap, and what policy or procurement changes would most accelerate deployment? The key lesson has been designing systems that integrate seamlessly into existing municipal plants and food and beverage operations. Demonstrating consistent performance alongside energy, emissions, and biomass benefits in real-world facilities builds trust. Procurement policies that prioritize lifecycle value over lowest upfront cost would significantly accelerate deployment. Innovation Philosophy in a Pressure-Cooker Environment The cleantech ecosystem is described as a “pressure cooking” environment, with fewer technologies breaking out. How do you maintain innovation velocity while ensuring reliability and predictability for customers who depend on mission-critical water systems? We maintain innovation velocity by tightly linking biological advances to operational reliability for both municipal and industrial users. Every improvement must reduce energy use, lower emissions, or improve biomass outcomes without increasing complexity. That discipline ensures innovation strengthens, rather than destabilizes, mission-critical systems. Looking Ahead: The Next Five Years As AI-driven demand, climate volatility, and resource constraints intensify, what role do you envision Gross-Wen Technologies playing in reshaping how cities and industries think about wastewater—not as a liability, but as a strategic asset? Over the next five years, we see municipalities and food and beverage companies increasingly treating wastewater as a strategic resource. Gross-Wen will help transform treatment systems into platforms that deliver clean water, reduced emissions, and valuable biomass—reshaping wastewater infrastructure for long-term resilience and value creation. --- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/3534/alterra-and-bbva-forge-strategic-climate-finance-partnership-in-with-250-million-commitment.html https://www.agrospectrumasia.com/news/47/3534/alterra-and-bbva-forge-strategic-climate-finance-partnership-in-with-250-million-commitment.html Mon, 19 Jan 2026 11:51:28 +0530 The collaboration strengthens global climate investment flows, positions Abu Dhabi as a leading climate finance hub, and supports large-scale deployment of sustainable infrastructure and technologies ALTÉRRA, one of the world’s largest private investment platforms dedicated to climate finance, has entered into a strategic partnership with BBVA, a leading global financial institution, with BBVA committing $250 million as a proposed strategic limited partner to a new climate co-investment vehicle that ALTÉRRA intends to launch, subject to regulatory approvals. The partnership reflects BBVA’s confidence in ALTÉRRA’s differentiated investment strategy and institutional capabilities, while aligning closely with the bank’s ambition to accelerate its sustainable finance agenda and expand its footprint in the Middle East. Once launched and approved, the new fund will be domiciled in Abu Dhabi Global Market (ADGM) and will consolidate existing co-investments from ALTÉRRA Acceleration into a dedicated investment structure managed by ALTÉRRA. The initiative represents a significant milestone in ALTÉRRA’s evolution, marking its transition into a new phase of global growth. The ALTÉRRA Opportunity Fund will pursue a diversified global investment strategy spanning climate-aligned infrastructure, private equity, and private credit. The approach is designed to deliver strong risk-adjusted financial returns while generating measurable positive climate impact across both advanced and emerging markets. Investment focus areas will include Energy Transition, Industrial Decarbonisation, Climate Technology, and Sustainable Living. Geographically, the fund will target opportunities across North America, Latin America, Europe, and other high-growth markets. The strategic partnership was announced during Abu Dhabi Sustainability Week, underscoring the Emirate’s growing role as a global hub for climate finance and sustainable investment. Commenting on the announcement, Dr. Sultan Al Jaber, Chairman of ALTÉRRA, said the fund represents a defining moment for the platform. “This fund marks a new chapter for ALTÉRRA as we move into our next stage of growth and deepen our ability to mobilise and deploy global capital toward high-impact investments. Our partnership with BBVA strengthens international collaboration in clean energy, sustainable infrastructure, and climate technologies, enabling long-term value creation.” Carlos Torres Vila, Chair of BBVA, noted that the partnership supports the bank’s global sustainability strategy. “This collaboration aligns with BBVA’s objective of making sustainability a key driver of differential growth worldwide, while deepening our presence in fast-growing climate finance hubs such as Abu Dhabi,” he said. BBVA has maintained a presence in Abu Dhabi since 2013 through its Representative Office, reflecting its long-term interest in the Middle East as a strategic region for its Corporate and Investment Banking activities. The region’s accelerating economic transformation and rising influence in global markets have further reinforced its importance to the bank. This strategic focus was recently strengthened following In-Principle Approval from ADGM’s Financial Services Regulatory Authority for the establishment of a BBVA branch in Abu Dhabi. The planned branch will enable BBVA to expand its wholesale banking services in the region and better support corporate and institutional clients by connecting them with the bank’s global capabilities. By becoming an anchor investor in ALTÉRRA’s new climate fund, BBVA deepens its relationship with one of the Middle East’s most influential climate investment platforms, while advancing its ambition to channel €700 billion in sustainable business between 2025 and 2029. The bank had already achieved its previous €300 billion sustainability target one year ahead of schedule. In addition to the proposed $250 million investment in ALTÉRRA, BBVA has invested approximately €300 million in global climate funds focused on decarbonisation, reinforcing its long-term commitment to financing the transition toward a low-carbon economy. ]]> https://www.agrospectrumasia.com/news/47/3504/union-budget-2026-expectations.html https://www.agrospectrumasia.com/news/47/3504/union-budget-2026-expectations.html Wed, 07 Jan 2026 13:40:55 +0530 Resilience, efficiency & prosperity As Finance Minister Nirmala Sitharaman unveils Budget 2026, the nation demands more than routine allocations. Indian agriculture is at a historic inflection point. This Budget is expected to operationalise the Viksit Bharat 2047 vision, aiming to transform farming from a low-margin, input-heavy, staple-focused sector into a high-productivity, high-value, globally competitive engine. Economists, industry leaders, and multilateral agencies concur: Incremental tweaks have run out of runway, and structural reforms are imperative to bridge productivity gaps, restore soil and water health, and secure farmers’ livelihoods. “Budget 2026 must signal a decisive move from blanket input subsidies to outcome-linked support that rewards water-use efficiency, balanced fertilisation, and low-emission practices at the farm level,” asserts Prof. Ramesh Chand, Member (Agriculture), NITI Aayog.  Dr Ashok Gulati, Infosys Chair Professor for Agriculture at the Indian Council for Research on International Economic Relations (ICRIER)and former Chairman, Commission for Agricultural Costs and Prices (CACP), echoes the call for digitally verifiable, efficiency-led support: “Linking direct benefit transfers with soil health cards, precision nutrient management, and diversified cropping will reduce fiscal stress while lifting total factor productivity across both rainfed and irrigated systems.” The imperative is clear: Budget 2026 must transition from fragmented schemes to a coherent, science-led, productivity-centric agricultural strategy — a structural foundation for a globally competitive, climate-smart, and high-income Indian agriculture. The Foundation of 2025: From Intent to Implementation Budget 2025 laid important groundwork, signaling a shift from stop-gap support toward structural measures aimed at productivity and resilience. The launch of the Prime Minister Dhan-Dhaanya Krishi Yojana, targeting 100 low-productivity districts, marked the start of district-level agricultural renewal. Coupled with a six-year protein security initiative under the Mission for Aatmanirbharta in Pulses, it created stable procurement for tur, urad, and masoor, reducing India’s import dependence in key pulses. “Budget 2026 must accelerate India’s shift to a climate-resilient, value-enhanced agri-economy by scaling biologicals and unlocking the waste-to-wealth opportunity. Targeted fiscal support for biosolutions, soil health and circularity can boost productivity while reducing chemical dependence. ’’ — Krishna Mohan Puvvada, Regional President, (Middle East, India and Africa), Novonesis Experts argue the next step must embed climate intelligence into farm-level decisions. “Budget 2026 must fund monsoon-contingent nutrition advisories at scale — using rainfall analytics and soil data to dynamically adjust fertiliser recommendations — so farmers can shift from fixed schedules to climate-responsive feeding of crops,” says Dr Manish Singh, AVP–Technical & Marketing, Transworld Furtichem Limited. He proposes a unified Nutrient Efficiency Index (NEI), integrating soil-test data, cropping patterns, water use efficiency, and fertiliser balance. “Budgets and subsidies should be allocated based on NEI improvement, not fertiliser consumption. This drives balanced nutrition and scientific fertiliser use rather than volume-driven demand,” he added. “Budget 2026 must signal a decisive move from blanket input subsidies to outcome-linked support that rewards water use efficiency, balanced fertilisation and low-emission practices at the farm level.”​ — Dr Ramesh Chand, Member (Agriculture), NITI Aayog Budget 2026 also sought to ease liquidity bottlenecks by raising Kisan Credit Card limits from Rs 3 lakh to Rs 5 lakh, supporting smallholders, dairy farmers, fishers, and allied producers. Sectoral reforms — from the National Mission on High-Yielding Seeds and a five-year cotton revitalisation plan to institutions like Bihar’s Makhana Board — aimed to modernise production, while allocations for storage, logistics, and market infrastructure addressed post-harvest losses. “Budget 2026 must prioritise digital infrastructure, credit linkages, and rural capacity building to scale precision agriculture. Agri-drones, IoT and data analytics can boost yields, conserve resources and strengthen climate resilience. Targeted subsidies, public–private partnerships and R&D incentives will accelerate adoption, integrate technology with national agricultural databases, and shift India from subsidy dependence to self-reliant, innovation-led farming.”  – Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace Yet, experts insist these gains must now converge into a coherent resilience architecture. “The next Budget should consolidate irrigation, watershed, soil health, and climate missions into a single ‘National Resilient Farms Mission’ with district-level targets for water productivity and soil organic carbon,” says Dr V. K. Singh, Director, ICAR–Central Research Institute for Dryland Agriculture (CRIDA).  “Linking direct benefit transfers with soil health cards, precision nutrient management and diversified cropping will reduce fiscal stress while lifting total factor productivity across rainfed and irrigated systems.”​ — Dr. Ashok Gulati, Infosys Chair Professor for Agriculture at the Indian Council for Research on International Economic Relations (ICRIER) and former Chairman, Commission for Agricultural Costs and Prices (CACP) Dr Himanshu Pathak, Director General of the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), adds, “Every rupee for irrigation must be co-anchored with micro-irrigation, fertigation-ready soils, and climate-resilient varieties so public investment translates into real resilience on farmers’ fields.” Budget 2026 will ultimately be judged on whether it can convert these incremental foundations into a mission-driven, 2047-ready agricultural architecture that delivers genuine resilience, competitiveness, and prosperity for India’s farmers. Fixing the Foundations: The Budget That Must Rewire Subsidies, Markets and Science As Budget 2026 approaches, it is evident that Indian agriculture stands at a pivotal crossroads. The long-standing promise of doubling farmers’ incomes, once a political mantra, now demands a sober re-examination. Structural pressures—from climate volatility and shrinking margins to global competitiveness and rising nutritional expectations—have made incrementalism insufficient.  “The allocation of the budget should be done across three horizons: the immediate year, the next five years, and the long-term vision through 2047,” asserts Sandeepa Kanitkar, Chairman of BASAI and Managing Director of Kan Biosys, highlighting that India’s agricultural budget—barely 2 per cent of total expenditure—is glaringly inadequate for a sector that contributes 17 per cent of GDP, sustains 55 per cent of the population, and underpins the nutrition of 140 crore citizens. “The next Budget should consolidate irrigation, watershed, soil health and climate missions into a single ‘National Resilient Farms Mission’ with clear district targets for water productivity and soil organic carbon.”​ — Dr V. K. Singh, Director, ICAR–CRIDA The inefficiencies of current spending are stark when viewed through the prism of subsidies. India invests roughly Rs 1.75 – 2 lakh crore annually on fertilisers, electricity, MSP procurement, crop insurance, and other input-linked supports, yet the returns in productivity, soil health, water security, and farmer incomes remain worryingly low.  “Subsidies have historically encouraged consumption rather than efficiency,” Sandeepa notes. Cheap urea drives over-application, subsidised electricity has accelerated groundwater depletion, irrigation grants rarely incentivise precision water use, and MSP procurement entrenches cropping patterns that undermine soil regeneration. For sectoral leaders, Budget 2026 must mark a decisive philosophical pivot—from input-heavy, subsidy-driven policies to a science-led, technology-driven, and outcome-oriented framework.  Every rupee for irrigation must be co-anchored with micro-irrigation, fertigation-ready soils and climate-resilient varieties so that public investment translates into real resilience on farmers’ fields.”​ — Dr Himanshu Pathak, Ex- Director General, ICAR & Secretary, DARE S. Soundararadjane, CEO of HyFarm, points to the potato sector as a model: “India could build the world’s most advanced, predictable, and globally competitive potato ecosystem through a National Potato Innovation Mission. CRISPR-edited varieties, AI-powered breeding, drone-led phenotyping, and mass deployment of True Potato Seeds can transform production while reducing costs and disease risks. Region-specific varieties are not optional anymore—they are strategic imperatives.” “Budget 2026 must reform subsidies by shifting from consumption-based support to science-led, Package of Practice–linked incentives tied to production outcomes. Performance-based support will improve soil health, enhance resource efficiency, and raise farmer incomes. Mechanisation assistance should be delivered via DBT and limited to FMTTI/BIS-approved equipment to ensure quality, effectiveness, and measurable impact on the ground.”  - Ravindra Agrawal, Chairman, KisanKraft Ltd Sandeepa further advocates restructuring through Direct Benefit Transfers (DBT). “Subsidies must be given through DBT to farmers and allow them to use this money as per their wish. This has started with Kisan Samman Nidhi but must be extrapolated by diverting subsidies given for insurance, fertilisers, electricity, and water to DBT,” she explains. Such a shift would correct long-standing distortions, empower decision-making, sharply reduce leakages, and create the fiscal headroom necessary to invest in science, innovation, and climate resilience. “To truly raise farm incomes, storage, grading, logistics and digital marketplaces must be treated as core agricultural infrastructure, not peripheral add-ons.”​ — Sanjiv Puri, Managing Director, ITC Ltd “A key priority must be efficiency-driven subsidy reform. We need to shift from consumption-based subsidies to scientifically designed, Package of Practice (PoP)–linked incentives tied directly to production outcomes. Performance-based support improves soil health, enhances resource efficiency, and strengthens farmer incomes. Mechanisation support should be delivered through DBT and restricted strictly to FMTTI/BIS-approved equipment to ensure quality and impact in the field,” says Ravindra Agrawal, Chairman, KisanKraft Ltd, emphasizing that combining DBT with outcome-linked incentives can amplify impact across mechanisation, inputs, and farm management practices. “India’s next big leap will come from shifting towards processed, residue-compliant, traceable and climate-smart agri-exports rather than relying mainly on bulk commodity shipments.”​ — Abhishek Dev, Chairman, APEDA Markets, too, are evolving in ways that demand more sophisticated production systems. The rising domestic and global appetite for residue-free food is already accelerating India’s biopesticide segment. Sandeepa emphasises that a formal residue-free label—jointly administered by the Ministries of Health and Agriculture—could unlock higher farmer incomes through premium market categories. “Blanket reduction on CIB-registered biopesticides must be done at the earliest to 5 per cent,” she cautions, noting that inconsistent GST categorisation is harming both growers and industry participants seeking safer input adoption. “Targeted support for FPOs, agri-startups and interoperable e-market platforms can cut post-harvest losses, stabilise prices and make climate risk more manageable for smallholders.”​ — Dr. Ashok Dalwai, Chairman, Board of Governors of the Institute for Social and Economic Change (ISEC); Chairman, Karnataka Agriculture The export ecosystem is entering a decisive phase. “India must position itself as a trusted global supplier,” says Kuchibhotla Srinivas, Partner, Deloitte. Strategic export corridors, residue-free clusters, bilateral agreements, and harmonisation with global standards, he argues, can convert India’s scale into global influence.  “If India wants to lead in exports, supply chains must embed traceability, quality assurance, and sustainable input use,” adds Ankur Aggarwal, Executive Chairman, Crystal Crop Protection. The global opportunity is clear. “India’s next big leap will come from shifting towards processed, residue-compliant, traceable, and climate-smart agri-exports rather than relying mainly on bulk commodity shipments,” says Abhishek Dev, Chairman of Agricultural and Processed Food Products Export Development Authority (APEDA). “The agri sector needs a unified national framework, science-based standards, and simplified licensing to enable innovation in high-value micronutrients and specialty fertilisers. Streamlined regulation will accelerate advanced nutrition technologies, strengthen soil health, and unlock productivity and profitability gains essential for truly transformative agricultural reform.”  — Dr. Rahul Mirchandani, President, IMMA  Value addition must become central to India’s strategy, particularly in crops like sugarcane. “Exports of sugar quota have to be restricted to further increase production of alcohol for oil substitution. Value addition is the key. Targets of 20 per cent plus substitution have to be the new target for easing some oil dollars. The money thus freed up can be used to improve irrigation, research, and perfecting models which are customised for Indian agriculture,” adds Sandeepa. Circularity, too, must become integral. Krishna Mohan Puvvada, Regional President, (Middle East, India and Africa), Novonesis stresses, “Adequate support must be provided for harnessing the waste-to-wealth potential in agriculture, including robust logistics for storage and transportation of agricultural waste feedstocks that can be transformed into fertilizers and bioenergy.” “A direct benefit transfer model for fertilisers—sold at full cost with farmers claiming subsidy via POS authentication—can be a game-changer. It ensures manufacturers receive full value, the government gains full GST, markets maintain adequate supply, leakages and black-marketing are curbed, and subsidy outlay reflects actual use. Budget 2026 should prioritise this transparent, efficient reform.” – Vinod Goyal, CEO, Agricare Corporation Domestic market architecture requires equal attention. Dr Ashok Dalwai, Chairman, Board of Governors of the Institute for Social and Economic Change (ISEC) and Chairman, Karnataka Agriculture Price Commission, notes, “Targeted support for FPOs, agri-startups, and interoperable e-market platforms can cut post-harvest losses, stabilise prices, and make climate risk more manageable for smallholders.” Institutional strengthening, he stresses, is vital for farmers to remain competitive amid market volatility. Budget 2026, therefore, must reimagine subsidies, shifting from input-centric to outcome-centric frameworks. “Water, soil and climate must be planned as one ecosystem. Budget 2026 should institutionalise watershed-scale irrigation planning, incentivise soil regeneration, and embed climate-risk analytics into district planning. This is not sustainability for compliance; it is sustainability for survival,” says Srinivas.  “Budget 2026 can back a flagship ‘Sulphur- and Potash-Secure India’ initiative that promotes sulphate-based potash and balanced secondary nutrients, improving taste, colour, shelf-life and exportability of fruits, vegetables and plantation crops while reducing import vulnerability.”--Dr. Manish Singh, AVP-Technical & Marketing, Transworld Furtichem Limited “For a water-starved nation like India, drip should be made compulsory. This would conserve soils along with improving the area of irrigation. The river-joining project must have allocation for short, medium, and long term. Bonds must be raised to mobilise domestic and World Bank funds,” adds Sandeepa. Structural gaps in specialised inputs also demand urgent attention. Dr Rahul Mirchandani, President, Indian Micro-Fertilizers Manufacturers Association (IMMA) observes, “India’s agricultural ecosystem is at an inflection point, yet not structurally prepared for large-scale reforms. One major gap lies in the micronutrients and specialty fertilizer industry, which remains outside mainstream policy despite its direct link to soil health, crop quality, and farmer income. Fragmented licensing under FCO, uneven state compliance frameworks, and the absence of a unified national policy slow innovation, restrict ease of doing business, and prevent rapid scale-up of advanced nutrition technologies like chelates, water-soluble fertilizers, and fortified micronutrient blends.”  “Budget 2026 must anchor a long-term Viksit Bharat Kheti Vision 2047 by reforming fertiliser use. Mandating a 25:15:5 co-pack of chemical, organic and biofertilisers—and supporting OF/BF manufacturing through PLI—can strengthen soil health, raise nutrient-use efficiency, expand acreage coverage and build climate-resilient productivity. It is time subsidies drive transformation, not perpetuate inefficiency ” --- Sandeepa Kanitkar, Chairman of BASAI and Managing Director of Kan Biosys Dr Singh underscores the strategic imperative: “Budget 2026 can back a flagship ‘Sulphur- and Potash-Secure India’ initiative that promotes sulphate-based potash and balanced secondary nutrients, improving taste, colour, shelf-life, and exportability of fruits, vegetables, and plantation crops while reducing import vulnerability.” Complementing this, Vinod Goyal, CEO, Agricare Corporation advocates a pragmatic DBT-based reform: “Fertilizers shall be sold on full cost price at dealer shops—farmers register purchases on a Point of Sale (POS) machine at the time of pick-up, and subsidies are directly transferred to their bank accounts.”  “Budget 2026 must treat water, soil and climate as one ecosystem by institutionalizing watershed-scale irrigation, incentivising soil regeneration and embedding climate-risk analytics in district planning. Equally critical is a legally robust Digital Land Ledger, interoperable with crop and credit data, to unlock formal finance, insurance and market access for millions of farmers still excluded from the system ” — Kuchibhotla Srinivas, Partner, Deloitte Sandeepa adds, “Chemical fertilizers should be bundled with organic and biofertilisers—25 kg of CF, 15 kg of OF, and 5 kg of BF per bag. This allows fertilizer to cover 30 per cent more land with improved use efficiency. Organic and biofertilizer industries can be supported through PLI schemes to attract private investment, improve soils, and build climate resilience.” As multiple industry leaders emphasise, this reform will determine whether Indian agriculture can truly align with the aspirations of Viksit Bharat 2047, delivering prosperity, sustainability, and global competitiveness for generations to come. Tech, Traceability, and Transformation: Budget 2026’s Agri-Vision Budget 2026 is not merely a fiscal exercise—it represents a strategic inflection point for Indian agriculture, an opportunity to pivot from incremental measures to transformative, technology-driven reforms.  “Agri-drones are no longer a novelty; they are an important part of the agritech landscape. Subsidies, public-private partnership models, and targeted R&D incentives can accelerate manufacturing and deployment, creating rural employment while increasing productivity. We must also potentially look at integrating drone data with national agricultural databases to enable smarter crop planning, soil monitoring, and weather resilience strategies,” says Agnishwar Jayaprakash, Founder and CEO of Garuda Aerospace. “ Fertiliser purchases must be linked to a unified Digital Farm ID, which allows tracking of nutrient use efficiency, preventing over-application and enabling customised advisory. It builds India’s first data-driven nutrient intelligence system’’ --- Yogesh Chandra, VP-Sales & Marketing, Transworld Furtichem Limited Echoing this vision, Soundararadjane, stresses that Budget 2026 should introduce a Digital Farming Acceleration Subsidy—shifting support from traditional inputs to IoT and automation tools such as soil moisture sensors, disease-warning IoT nodes, digital soil intelligence kits, smart irrigation systems, automated grading and sorting units, and low-cost climate stations for cold stores. “A 40–60 per cent capital subsidy will democratise access and unlock predictive, precision farming at scale,” he asserts. Equally critical is the foundation of clear land rights and reliable credit. “When a farmer has clear land ownership and predictable finance, they can finally shift from reactive decisions to planned, technology-led farming,” observes Ankur.  “Budget 2026 must accelerate digital land records and frictionless credit so farmers can plan, invest and adopt modern crop protection responsibly. To compete in global markets, India’s supply chains need embedded traceability, quality assurance and sustainable input use. Strategic public–private collaboration can fast-track safe pesticide practices, surveillance systems and next-generation, environmentally responsible formulations ” — Ankur Aggarwal, Executive Chairman, Crystal Crop Protection Srinivas adds, “The Budget should focus on the two biggest unlocks for farmer prosperity: clean digital land records and frictionless credit. A legally robust Digital Land Ledger, interoperable with crop data and credit scoring, can unlock formal finance, insurance, and market contracts for millions of farmers currently outside the system.” The systemic importance of logistics and digital marketplaces is reinforced by Sanjiv Puri, Managing Director, ITC Ltd: “To truly raise farm incomes, storage, grading, logistics, and digital marketplaces must be treated as core agricultural infrastructure, not peripheral add-ons.”  “Budget 2026 should launch a National Potato Innovation Mission to transform India into a globally competitive processing potato hub. A strong public–private R&D partnership must fast-track CRISPR-based climate-resilient varieties, AI-driven breeding, drone phenotyping, automated trials and True Potato Seeds. This science-led upgrade is essential for predictable supply, higher productivity and world-class processing quality.” – S. Soundararadjane, CEO of HyFarm Nutrient management, too, must be integrated. Yogesh Chandra, VP-Sales & Marketing, Transworld Furtichem Limited, explains, “Fertiliser purchases must be linked to a unified Digital Farm ID, allowing tracking of nutrient use efficiency, preventing over-application and enabling customised advisory. It builds India’s first data-driven nutrient intelligence system.” Budget 2026 must therefore deliver measurable, integrated reforms—embedding science, finance, technology, and policy into a unified, farmer-centric framework. It is the launchpad for the Viksit Bharat Kheti Vision 2047, enabling high-productivity, high-value, climate-smart agriculture and positioning India as a globally competitive agri-economy. ----- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/3480/vietnam-prepares-for-agri-trade-market-expansion-to-build-a-strategic-pillar-of-the-economy.html https://www.agrospectrumasia.com/news/47/3480/vietnam-prepares-for-agri-trade-market-expansion-to-build-a-strategic-pillar-of-the-economy.html Mon, 15 Dec 2025 12:03:55 +0530 “Application of Science and Technology, Innovation, and Digital Transformation in Agriculture.”  Vietnam's Prime Minister Pham Minh Chinh chaired the 2025 Dialogue Conference with Farmers under the theme “Application of Science and Technology, Innovation, and Digital Transformation in Agriculture.” The conference was jointly organized by the Central Committee of the Viet Nam Farmers’ Union, the Government Office, and relevant ministries, sectors, and localities, and was connected online to 34 provinces and cities nationwide. The Prime Minister commended the democratic, candid, and substantive dialogue between the Government and farmers. He directed the Government Office, in collaboration with the Viet Nam Farmers’ Union, to compile and submit conclusions for issuance, adhering to the "six clarities" principle: clear responsibilities, tasks, timelines, accountability, authority, and outcomes. Viet Nam is expected to fulfill all 15 out of 15 socio-economic targets, with agriculture, farmers, and rural areas making especially significant contributions. Prime Minister iterated that Vietnam aims to be a high-income developed country by 2045, science and technology, innovation, and digital transformation are an inevitable pathway, and agriculture must be one of the leading sectors in this process. The Prime Minister encouraged all stakeholders in agriculture to continue building momentum, strength, and positioning for the development of agriculture, farmers, and rural areas in the new phase - a phase of rapid, sustainable growth and deep international integration. The Prime Minister noted that, alongside the domestic market, expanding export markets is a long-term strategic task. Viet Nam has now signed 17 free trade agreements with more than 60 economies, creating vast opportunities for Vietnamese goods in general and agricultural products in particular. The long-term goal is to reach USD 100 billion in agricultural export turnover, linked to the development of national brands for each key product group. Along with market expansion, the Prime Minister called for continued diversification of products and supply chains to avoid overreliance on a limited number of traditional markets, while also boosting domestic consumption and strengthening effective linkages among production, processing, and distribution. Regarding infrastructure, the Prime Minister noted that around 50% of state development investment is currently allocated to strategic infrastructure, particularly transport. This helps reduce logistics costs, lower prices, and enhance the competitiveness of agricultural products, while opening up new development space for rural areas. In addition, he urged further improvement of mechanisms to promote green, low-emission production and a circular economy, alongside stronger management of food safety, traceability, anti–trade fraud measures, and intellectual property protection, thereby laying a solid foundation for sustainable agricultural development. Further, Ministry of Agriculture and Environment and the Vietnam Farmers’ Union is set to strengthening the “three-party linkage” among the State, educational institutions, and enterprises in training human resources for modern, high-tech, and green agriculture. To achieve rapid and sustainable development, the Prime Minister stressed the need to mobilize all social resources in an integrated manner, including the state budget, private capital, credit, bonds, and public-private partnership (PPP) models such as BT and BOT. The State plays a role in creating enabling institutions, while enterprises must proactively propose investment projects, ensuring a harmonious balance of interests among the State, businesses, and farmers. ]]> https://www.agrospectrumasia.com/news/47/3471/singapore-allocates-37-billion-to-rie2030-prioritizing-agriculture-climate-innovation-and-more.html https://www.agrospectrumasia.com/news/47/3471/singapore-allocates-37-billion-to-rie2030-prioritizing-agriculture-climate-innovation-and-more.html Fri, 12 Dec 2025 11:40:33 +0530 Forging a “Sustainable Future Through Science & Technology” : identifies  five priority areas "decarbonization; climate change adaptation; land resilience;  sustainable urban development; and innovation translation" Singapore places a strong focus on sustainability, under its Research, Innovation and Enterprise 2030 or RIE2030, a five-year plan to strengthen Singapore's national research and innovation ecosystem. The  Government has allocated $37 billion for RIEC 2030. Sustainability research in RIE2030 leverages resources and capabilities across the ecosystem, extending beyond individual domains to drive innovative, collaborative solutions for a sustainable future. At the Singapore Scientific Conference 2025 on December 8, perspectives from diverse disciplines and regions were united under the theme “A Sustainable Future Through Science and  Technology". The RIE2030 plan emphasizes funding research and innovation to advance national and economic priorities, enhance AI, data, and computational capabilities, and strengthen the talent pool and basic research. Heng Swee Keat, Chairman of the National Research Foundation, graced the Singapore Scientific Conference 2025 and, in his opening remarks, he underscored that, as science, technology, and innovation continue to advance, sustainability becomes crucial. Forging a “Sustainable Future Through Science & Technology”   Climate change is no longer a distant threat, but a clear existential issue for a low lying island nation. It is also a threat to the entire planet, as ecosystems and biospheres  are so deeply integrated. The chairman encouraged collaborative approaches towards adapting, innovating, and sharing solutions  for a sustainable future for all.   A major domain of RIE2030 plan is to tackle Urban Solutions and Sustainability – how  a city can find innovative solutions to our land and carbon constraint. To tackle the challenges, Singapore has identified  five priority areas: decarbonization; climate change adaptation; land resilience;  sustainable urban development; and innovation translation.   “For instance, our coastal protection research programme is developing cutting-edge  solutions to safeguard Singapore against rising sea levels – from nature-based solutions  that harness mangroves and coastal ecosystems, to advanced engineering approaches that can withstand the forces of climate change. We have announced a plan to build a Long  Island, off the East Coast of Singapore” said Heng Swee Keat.   The global energy transition is one of the most critical issues in tackling climate change  and in enabling countries to meet the growing energy demands, which is rising sharply as  companies invest in AI and data centres. Singapore is actively exploring with partners  in the region, to source for renewable sources of energy. In addition, established the Nuclear Research and Safety Institute, to build a deeper understanding of nuclear  technologies and safety requirements, as countries around the world build nuclear facilities  to meet their needs.   AI is being deployed to tackle sustainability challenges, from optimising energy  systems and predicting climate impacts to enhancing resource efficiency across our  economy.   In the Manufacturing, Trade and Connectivity domain, market trends are emerging for sustainable products and early signs of a more mature industrial system developing globally.  Following this, Singapore is advancing its capabilities in the bioeconomy, leveraging energy, chemicals, and biotechnology to create new high-value industrial activities anchored in the energy and chemicals sectors which will be transformed.   Singapore is also investing in alternative feedstocks and bioprocess development – areas that  hold strong promise for transforming our approach to manufacturing and resource  utilisation.   “By developing technologies that can convert waste streams, agricultural residues, and  other non-traditional materials into valuable products through advanced bioprocessing, we  can reduce our dependence on conventional raw materials, minimize waste, and create  new circular economy opportunities. These capabilities will be essential as the world  transitions towards more sustainable production systems.” explains  the Chairman. “While our research ecosystem is small compared to those of major economies, it can be  highly effective if we break down silos – across disciplines, across industries. The best  innovation comes at the intersection of different disciplines and stakeholders. So, we seek  to bring together the best minds from around the world, promote a collaborative spirit, and create solutions that benefit Singapore and the world. “ added Heng Swee Keat. ]]> https://www.agrospectrumasia.com/news/47/3454/vietnam-evaluates-reinforcing-legal-framework-and-sustainability-practices-to-attract-european-investments.html https://www.agrospectrumasia.com/news/47/3454/vietnam-evaluates-reinforcing-legal-framework-and-sustainability-practices-to-attract-european-investments.html Fri, 05 Dec 2025 12:08:58 +0530 EU-ASEAN Business Council (EU-ABC) and the European Chamber of Commerce in Viet Nam (EuroCham) reviews legal framework, the circular economy, recycling, and agricultural and environmental cooperation Vietnam's Deputy Minister of the Ministry of Agriculture and Environment, Le Cong Thanh, held the meeting with a delegation from the EU-ASEAN Business Council (EU-ABC) and the European Chamber of Commerce in Viet Nam (EuroCham). The discussion focused on the legal framework, the circular economy, recycling, and agricultural and environmental cooperation. At the meeting, Ms. Li Chen, a Member of the EU-ABC Executive Board and Head of Public Affairs for ASEAN at HSBC, introduced the EU-ABC as an organization recognized by the European Commission and the ASEAN Secretariat to represent the European business community operating in Southeast Asia, with EuroCham representing the European business community in Viet Nam. The year 2025 marks the 35th anniversary of diplomatic relations between Viet Nam and the European Union (1990-2025), a significant milestone opening up a period of deeper and more comprehensive cooperation between the two sides. On this occasion, EU-ABC and EuroCham expressed their appreciation towards Vietnamese Ministry of Agriculture and Environment in drafting and amending key bills in 2025, such as the Land Law and the Law Amending and Supplementing a Number of Articles of Laws in the fields of agriculture and environment. According to Ms. Li Chen, the current legislative refinement process creates an important opportunity to enhance environmental protection and climate change response, while also promoting green transition, smart agriculture development, and increasing added value in agricultural production - areas of particular interest to the European business community, which is ready to accompany and provide support. European businesses are supporting Vietnam constantly including their recent contributions to disaster prevention and emergency relief, and continued cooperation in remote sensing, spatial data, renewable energy, water treatment, low-emission products, and biomass energy from agricultural by-products. European Business Mission to Viet Nam To realize their commitment to cooperate with the Vietnamese Government on these priorities, and to support their members in increasing investment by establishing a platform for constructive dialogue between the Government and businesses, EU-ABC and EuroCham co-organized a High-Level European Business Mission to Viet Nam from November 24 to 27, followed by the Green Economy Forum (GEF) 2025, which will be chaired by EuroCham. During the working session, representatives of the businesses in the delegation stated that the European business community is committed to long-term partnership with Viet Nam in sustainable development, with the desire to promote the circular economy model and efficient resource utilization. Deputy Minister Le Cong Thanh affirmed that, the Ministry of Agriculture and Environment continues to develop and amend legal regulations to develop agriculture not merely as a production sector, but as a high value-added commodity production sector capable of meeting the strict requirements of markets, including the European market. Regarding resource utilization, the Ministry is finalizing policies to ensure that resources such as land, water, minerals, and forests are strictly managed and used efficiently and sustainably, securing development opportunities for future generations. He noted that environmental regulations in recent years have changed significantly toward administrative procedure reform, shifting from pre-inspection to enhanced post-inspection, approaching the advanced management methods applied by the EU. The National Assembly is currently considering amendments to a number of articles in 15 laws related to agriculture and the environment; this is the initial step to address urgent issues, but there will be deeper amendments in the future, including to the environmental laws. The Deputy Minister emphasized that the comments and recommendations from businesses serve as important questions and suggestions for the policy refinement process, especially concerning the circular economy, recycling, Extended Producer Responsibility (EPR), the carbon market, and carbon credits. The Ministry is researching how to make EPR regulations more favorable and plans to issue a decree soon; it is also considering learning from good European experiences, including regulations on mandatory recycling rates for certain products and packaging. ]]> https://www.agrospectrumasia.com/news/47/3403/climate-capital-and-control-dr-josephine-adebayo-calls-for-feminist-reboot-of-nigerias-blue-economy.html https://www.agrospectrumasia.com/news/47/3403/climate-capital-and-control-dr-josephine-adebayo-calls-for-feminist-reboot-of-nigerias-blue-economy.html Tue, 18 Nov 2025 11:33:11 +0530 In an exclusive AgroSpectrum interview, Josephine Oluseyi Adebayo, Lecturer in Fish Nutrition and Health Management, lays bare the gendered inequities shaping Nigeria’s blue economy. She explains how structural barriers — from patriarchal norms to skewed financing systems — confine women to low-margin post-harvest roles despite their centrality to coastal livelihoods. Josephine argues that climate adaptation funding, aquaculture innovation, and trade policy must be redesigned with women not just as beneficiaries but as decision-makers and enterprise leaders. She highlights the transformative potential of cluster farming, insect-protein feed systems, digital branding, and gender-intelligent finance to unlock women-led growth at scale. Looking ahead to 2040, she envisions a blue economy where Nigerian women are owners, innovators, and catalysts of economic resilience — provided the country acts boldly today. Nigeria’s blue economy could unlock billions in value — yet most women remain confined to low-margin post-harvest roles. What structural failures are stopping women from capturing value upstream? Nigeria's blue economy is incredibly promising, but women's participation is largely a function of societal and cultural dynamics rather than clear policy constraints. Normative gender expectations and patriarchal order historically relegated women to downstream roles as processors and traders, while men monopolized the more financially lucrative and capital-intensive fields of fishing and logistics. In several coastal settlements, women remain oblivious to upstream prospects, or if they do exist, they lack the resources to systematically pursue them. Transforming this situation necessitates more than just policy design. It requires a robust mix of responsiveness, training, gender aware investment and policy inclusion aimed at empowering women to navigate beyond traditional roles and occupy an equitable place throughout the entire value chain. Climate justice meets gender justice on Nigeria’s coastlines — women face salinity intrusion, fish stock collapse, and unsafe processing conditions first. How should climate adaptation funding be redesigned so women are not just recipients but decision-makers? Climate finance should be inclusive and gender responsive. While Nigeria is progressing through the National Climate Investment Platform, women’s participation in the decision-making processes continues to be minimal. Failure to adequately address the gender dimension on programs is too common as funding committees are often comprised solely of men. Women living and working in the coastal zone have the experience to know best the areas climate impacts hurt most and therefore should be the ones designing, supervising, and allocating climate adaptation funding. Their inclusion in leadership and technical decision-making is crucial to ensure justice is served in the effectiveness of adaptation. Feed cost, disease, and poor logistics keep small-scale aquaculture uncompetitive. Which innovations could enable profitable women-led aquaculture at scale? Feed remains the highest cost in aquaculture, but new innovations are emerging. Research into insect protein, especially in black soldier fly and cricket larvae, combined with aquaponics and circular aquaculture, is lowering costs and reducing environmental impacts related to feed. The University of Ibadan's INCiTiS-Food is leading the way in adopting these innovations. Cluster farming models, like the Eriwe Fish Farmers’ Village in Ogun State and CGE Africa’s Empowered Coastal Fishing Women project, also help women access resources and recover from shocks more quickly. These efforts, along with the training and leadership of Women in Fisheries Fellowship (FUWOLIFF), are not only modernizing aquaculture in Nigeria but also establishing it as a space for women entrepreneurship. Nigeria still imports fish despite being Africa’s top catfish producer. What trade and branding strategies could help women-owned enterprises scale from survival to export? Women-owned enterprises can expand their exports through targeted financing, training, and digital branding. Access to export credit, flexible loans, and mentorship will help women increase their production sustainably. Training in quality standards, certification, and international trade logistics is crucial for meeting global demand. Equally important is that digital literacy, e-commerce platforms, and storytelling help connect women entrepreneurs to regional and international buyers. A gender-sensitive export ecosystem must combine finance, quality assurance, and branding support so that Nigerian women’s aquaculture products can compete globally. Access to capital remains exclusionary — collateral and risk scoring are biased against women. What would a gender-intelligent financing architecture for the blue economy look like? Attention must be given to the fact that a gender-sensitive financing framework must reconfigure financial systems to accommodate the needs of women. This requires crafting products in consideration of women’s needs: adaptive collateral policies, algorithmic risk assessment, and micro-to-meso level lending. This also necessitates including women as leaders in financial institutions, allowing women to influence the creation of products designed for them. Such change requires collaboration between the public and private sectors; women may take the lead, but both must support it. In the end, gender-sensitive finance promotes blue economy growth by harnessing women’s productivity and ingenuity. Data invisibility distorts policymaking — women’s contribution to fisheries GDP remains undervalued. How can Nigeria institutionalize gender-disaggregated data? For Nigeria to integrate gender responsive policies, effective policy, subsidy reforms and investment rely on accurate, reliable and gender disaggregated data. There is a need to involve the National Bureau of Statistics, the ministries of finance and the sector agencies in Nigeria to mainstream integrating gender data within all the economic statistics. There is a need to incorporate gender-responsive reporting within all sector institutions to help identify where women are present, underfunded, and experiencing exclusion. Such data is useful for making subsidy reforms, developing equitable investment incentives, and establishing skill programs to address gender inequalities in fisheries and aquaculture. Once we accurately quantify women's contributions, we will be better able to recognize and scale their impact. When you imagine Nigeria’s blue economy in 2040, what must change now so women become owners and innovators, not passengers? By 2040, Nigerian women must shift from participation to ownership and leadership. This involves creating and managing businesses in emerging areas, such as seaweed farming, fish waste recycling, aquaculture technology, and blue finance. Women should pursue new economic opportunities through innovation, investment, and mentoring others. The bold change begins now with policies that remove barriers, funding that trusts women, and a mindset that sees women not just as beneficiaries but as drivers of Nigeria’s blue prosperity. ---- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/3377/2030-vision-arya-ag-aims-for-worlds-most-climate-resilient-grain-network.html https://www.agrospectrumasia.com/news/47/3377/2030-vision-arya-ag-aims-for-worlds-most-climate-resilient-grain-network.html Fri, 07 Nov 2025 12:58:40 +0530 In an exclusive interview with AgroSpectrum, Shenoy Mathew, Chief Sustainability Officer, Arya.ag, highlights how its SmartAG Award 2025 is more than recognition—it is validation of a climate-resilient grain commerce model already operating at national scale. By embedding sustainability into everyday storage, finance, and trading systems, the company is delivering measurable climate gains and income stability to over 800,000 smallholder farmers across 425+ districts. Women-led Smart Farm Centres and technologies like the AryaQ AI grain quality device are transforming trust, transparency, and decision-making in rural markets. With patient, impact-aligned capital and global adaptation potential, Arya.ag is positioning itself at the nexus of profitability and planetary resilience. Looking ahead to 2030, the company envisions climate risk management and data-backed empowerment as built-in features of every grain transaction—setting a new benchmark for post-harvest systems globally. From Recognition to Scale: Arya.ag has been recognised with the SmartAG Award 2025 for embedding climate resilience into India’s grain commerce. Awards are accolades—but how does this recognition translate into real-world acceleration for farmers, investors, and the broader agri-value chain? The recognition affirms that climate resilience can be built into agricultural systems that already function at scale, without requiring parallel structures or new layers of complexity. What it brings is not just visibility, but validation of a model that integrates profitability, inclusion, and environmental responsibility into the everyday mechanics of post-harvest grain management. Arya.ag has focused on embedding sustainability into existing systems, ensuring that storage, finance, and market access deliver environmental returns as naturally as they deliver economic ones. Over the past year alone, our decentralised network helped avoid post-harvest loss of more than 210,320 metric tonnes of foodgrain. Preserving this grain prevented an estimated 233,603 tonnes of carbon emissions, conserved 91.4 billion litres of water, and eliminated the need for 16,826 tonnes of fertiliser. These outcomes are not incidental, they are a direct result of improving storage and market access for farmers across more than 425 districts. For farmers, this translates into fewer distress sales and greater flexibility in timing their transactions. For investors, it signals a scalable, data-driven model that aligns impact and return. And for the broader agri-value chain, it shows that climate responsiveness does not have to rely on specialised interventions, it can emerge through operational efficiency and deeper participation from the smallest actors in the system. The Smallholder Lens: India’s agricultural backbone remains smallholder farmers, many of them climate-vulnerable. How do Smart Farm Centres bridge the gap between hyperlocal realities—erratic rainfall, fragmented landholdings—and advanced technologies like AI, drones, and real-time weather advisories? Smallholder farming operates within constraints that are both structural and climatic. The Smart Farm Centres were designed to respond to these conditions by creating access to technology and information where they are needed most. Each centre serves as a rural hub that connects farmers to services such as soil testing, drone spraying, and hyperlocal weather forecasting. These services are not standalone activities; they function together to improve decision-making at every stage of the cropping cycle. For Instance In Bundelkhand, farmers have used weather data from these centres to plan their harvest windows and reduce exposure to untimely rainfall. In Sitapur, drone spraying has improved the precision of pesticide application, lowering costs and minimising environmental exposure. In districts of eastern Uttar Pradesh, soil testing has helped farmers calibrate their fertiliser use more efficiently. The centres are operated by women from the same communities who are trained to deliver these services, which ensures trust, reliability, and continuity. This model allows climate-relevant tools to become part of everyday practice rather than occasional interventions. Tech as a Trust Builder: AryaQ’s AI-powered grain quality device brings radical transparency to procurement and pricing. In a market often plagued by mistrust and middlemen, how is technology reshaping the farmer–buyer relationship, and do you see this model becoming a new standard across emerging markets? Trust in agricultural markets has historically depended on physical inspection and subjective assessment. AryaQ introduces a data-driven approach to measuring grain quality that makes the process faster, more reliable, and easier to replicate across locations. The device uses computer vision to assess factors such as grain size, breakage, and the presence of fungal elements. The results are available instantly, even in areas without continuous connectivity, which makes it suitable for remote markets. As both sides have access to identical data, there is greater transparency in pricing and fewer disputes. This change strengthens relationships and encourages repeat transactions. Given its adaptability, AryaQ can be calibrated for a range of commodities and geographies, which makes it relevant beyond India’s borders. The Women-led Edge: The Smart Farm Centres are run by women Community Value Chain Resource Persons. Beyond inclusion, what structural advantages does a women-led model bring to grain commerce, and can this approach be scaled without diluting impact? The presence of women as operational leaders within Smart Farm Centres has added a layer of trust and continuity that is essential in rural systems. These women are drawn from the same localities they serve, which gives them a strong understanding of the agricultural calendar, the challenges of smallholder farming, and the patterns of local trade. Their involvement has led to greater participation from farmers and has improved the adoption of services related to quality assessment, sorting, and storage. In Maharashtra, women-led sourcing units have reduced produce rejection rates by almost 30 percent at the collection stage. This improvement directly affects farmer incomes and reduces post-harvest losses. To ensure that the model grows responsibly, Arya.ag invests in training and performance monitoring, with a focus on building long-term professional capacity. As the network expands, the objective is not only to increase numbers but also to preserve the quality and reliability that make this structure effective. Climate and Capital: You’ve positioned Arya.ag at the intersection of climate resilience and economic resilience. What kind of capital—impact, venture, institutional—is best aligned with scaling this model, and how do you balance profitability with sustainability when most agri-tech startups struggle to break even? Capital that understands the cycles and risks of agriculture is most suitable for models such as ours. Arya.ag’s operations are built on commercially viable services that reduce inefficiencies rather than depend on temporary funding. We manage close to seven million tonnes of agricultural produce through our decentralised network across more than 425 districts, which provides both reach and depth in understanding rural markets. The capital that aligns with this vision is patient and impact-oriented but also disciplined about financial performance. Investors such as responsAbility and the US International Development Finance Corporation have supported Arya.ag because they recognise that environmental benefits and economic efficiency emerge together when systems are designed well. The balance between sustainability and profitability is achieved by ensuring that each intervention, whether in storage, finance, or quality assessment creates measurable value for every participant in the value chain. Global Relevance: With 11,000 digitised warehouses and a network spanning 800,000 farmers, Arya.ag is already India’s largest integrated grain commerce platform. How transferable is your Smart Farm Centre model to Africa, Southeast Asia, or Latin America, where climate shocks and smallholder fragmentation mirror India’s challenges? The fundamental issues faced by smallholders in India are similar to those observed in several other parts of the world. Limited storage near farms, inconsistent quality standards, and poor access to working capital are common constraints. The Smart Farm Centre model is structured to be modular so that it can adapt to different agricultural and climatic contexts. Each component such as soil testing, digital quality assessment, or credit linkage can be introduced independently and scaled based on demand and infrastructure. In collaboration with partners in East Africa, we are exploring ways to adapt this model to local crops and climatic conditions. The ability to train community-based facilitators and the flexibility of tools like AryaQ make replication feasible. However, success depends on tailoring delivery mechanisms to local institutions and farmer networks, rather than exporting the Indian experience directly. The aim is to share knowledge and process design while allowing each geography to build its own form of resilience. The Long View: If we fast-forward to 2030, what does success look like for Arya.ag? Is it about doubling farmer incomes, embedding climate risk management into every transaction, or becoming a blueprint for grain systems transformation globally? By 2030, success for Arya.ag would be defined by the strength and stability of the systems that smallholders rely on after harvest. It would mean that every farmer using our platform can store their produce safely, understand its quality, access credit based on that stored value, and sell it when conditions are favourable. These capabilities lead to income stability and reduced exposure to climate and market shocks. At present, Arya.ag serves more than 800,000 farmers through a network of 11,000 digitised warehouses and over 1,600 Farmer Producer Organisations. Over the next five years, our focus is on deepening these relationships and embedding data-backed transparency across every transaction. The goal is not to create a blueprint for others to copy but to demonstrate that a balanced system, one that values both livelihoods and resources can endure and grow in the face of climate uncertainty. --- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/3373/komet-unveils-precision-wave-irrigation-breakthrough-in-pivot-performance.html https://www.agrospectrumasia.com/news/47/3373/komet-unveils-precision-wave-irrigation-breakthrough-in-pivot-performance.html Thu, 06 Nov 2025 11:47:52 +0530 Komet Irrigation, a global leader in sprinkler irrigation solutions since 1952, has unveiled the Komet Precision Wave (KPW), a next-generation pivot sprinkler engineered to dramatically elevate water distribution uniformity and irrigation efficiency. The KPW will take center stage at Agritechnica 2025, where the company will also introduce the Komet Experience Hub—a forward-looking research and testing facility designed to advance the science of irrigation performance. Uneven water delivery at the outer end of pivot systems has long been one of agriculture’s most persistent efficiency gaps. The KPW tackles this challenge head-on through an innovative oscillating deflector that creates a highly uniform droplet pattern across the full pivot radius. With stronger plant hydration and less water lost to runoff or evaporation, farmers can expect improved yields, healthier crop stands, and measurable gains in water-use efficiency—critical advantages in a world where climate variability and water scarcity reshape how food is grown. Built to European engineering standards at Komet’s manufacturing headquarters in Lienz, Austria, the KPW spans a versatile performance range with a 9–15 meter throw radius and multiple flow options designed to adapt to diverse pivot configurations, soil types, and crop conditions. It is available in both head-up and head-down models, clearly identified by white and yellow deflectors, ensuring farmers and OEMs can easily match the right solution to the right field scenario. “Uniform irrigation is one of the biggest drivers of yield and efficiency,” said Andree Groos, CEO of Komet Irrigation. “The KPW gives farmers peace of mind that every plant—from the center to the outer edge—gets the water it needs, consistently and efficiently. It’s the kind of innovation that helps our customers grow more with less.” The unveiling of the KPW is only one part of Komet’s innovation narrative at Agritechnica. The company will also offer an exclusive preview of the Komet Experience Hub, a 1,000-square-meter R&D center built to reshape how irrigation products are tested, validated, and optimized. The facility brings together IoT-enabled monitoring, automated performance analytics, and controlled simulation of wind, evaporation, and droplet trajectory—conditions notoriously difficult to measure accurately in the field. The result is reliable, reproducible data that empowers farmers, agronomists, and pivot manufacturers to make smarter water-management decisions. “For the first time, farmers can see exactly how sprinklers and regulators perform under controlled yet realistic conditions,” added Groos. “The Experience Hub represents our commitment to transparency, precision, and progress in irrigation design.” Throughout Agritechnica, visitors to Komet’s stand will be among the first to witness how real-world performance insights are shaping the next generation of irrigation technology. To celebrate the launch, Komet will host a visitor competition featuring premium prizes, including a guided tour of the company’s precision manufacturing facility in Austria—home to a legacy of engineering expertise and innovation that spans more than 70 years. Komet invites all attendees to Hall 9, Booth A09, to experience the KPW firsthand and discover how cutting-edge research is reimagining irrigation performance for a more efficient agricultural future. ]]> https://www.agrospectrumasia.com/news/47/3346/world-food-forum-2025-concludes-with-renewed-global-commitment-to-transform-agrifood-systems-through-solidarity-science-and-investment.html https://www.agrospectrumasia.com/news/47/3346/world-food-forum-2025-concludes-with-renewed-global-commitment-to-transform-agrifood-systems-through-solidarity-science-and-investment.html Fri, 24 Oct 2025 09:57:21 +0530 This year’s Forum was attended by several global leaders and included the celebration of a historic World Food Day marking FAO’s 80th anniversary  The 2025 edition of the World Food Forum (WFF) concluded today at the headquarters of the Food and Agriculture Organization of the United Nations (FAO) in Rome. This year's Forum included the celebration of a historic World Food Day marking FAO’s 80th anniversary and brought together global leaders, policymakers, youth, Indigenous Peoples, scientists, farmers, investors, and innovators around a shared goal: transforming agrifood systems for a sustainable, hunger-free world. Under the theme “Hand in Hand for Better Foods and a Better Future,” WFF 2025  hosted over 300 events with 16,500 in-person participants and attracting more than 60,000 online participants from nearly 200 countries. Through social media, the Forum reached 1.5 billion people and generated 1.6 million engagements. The Hand-in-Hand Investment Forum showcased opportunities worth $17.2 billion, with 31 countries and six regional initiatives sharing plans that could transform the lives of 160 million beneficiaries. High-Level Forum WFF 2025 started on 10 October with the inauguration of the “From Seeds to Foods”, the first global exhibition tracing the evolution of agrifood systems – from the origins of agriculture to today’s innovations. The exhibition transformed the Park of Porta Capena, in from of FAO headquarters, into a living open-air gallery that celebrated the diversity of global agrifood systems and showcased technologies and practices shaping the future of food and agriculture. Highlights included a replica of the Svalbard Seed Vault, an aquaponic greenhouse, agricultural drones, satellite technologies, and even dogs trained to detect plant diseases – a testament to innovation and creativity across agriculture. The Forum’s opening ceremony took place on 13 October in a high-level ceremony led by Director-General Qu Dongyu. It included the participation of King Letsie III of Lesotho, FAO Special Ambassador for Nutrition; Luiz Inácio Lula da Silva, President of Brazil; Muhammad Yunus, Chief Adviser of the interim Government of Bangladesh, Princess Basma bint Ali of Jordan; The Prime Minister of Djibouti, Abdoulkader Kamil Mohamed; and the Prime Minister of Eswatini, Russell Mmiso Dlamini. Another high-level moment was the celebration of World Food Day 2025 on 16 October, which marked FAO’s 80th anniversary. The Global Ceremony was attended by His Holiness Pope Leo XIV; the Italian Prime Minister Giorgia Meloni; King Letsie III of Lesotho; Queen Letizia of Spain; and the Uruguay President Yamandú Orsi Martínez. President Xi Jinping of China sent a congratulatory message – delivered by Han Jun, Secretary of the Party Leadership Group of the Ministry of Agriculture and Rural Affairs of China. The President of Italy, Sergio Mattarella, also visited FAO the same day to inaugurate the Food and Agriculture Museum & Network (FAO MuNe). Throughout the week, the President of Chile, Gabriel Boric, visited FAO headquarters, and opened the Hand-in-Hand Investment Forum. In addition, WFF 2025 was attended by more than 50 ministers and 100 vice-ministers. From ideas to action The Forum’s three key pillars—Youth, Science and Innovation, and Investment—showcased how global cooperation can drive real change. The Science and Innovation Forum (SIF) highlighted solutions for climate resilience, digital agriculture, and sustainable water management, while the Hand-in-Hand Investment Forum presented tangible opportunities for new partnerships and investments in agrifood transformation. The Youth Assembly brought together more than 1,200 young leaders and experts in person and tens of thousands of people joining online, from all six regions, showcasing the growing impact of youth-led action in transforming agrifood systems. By supporting, empowering and mobilizing youth across the globe and providing more than $160 000 in direct support to youth-led solutions, the Assembly demonstrated its commitment to turning ideas into action. In addition, the Director-General highlighted two WFF side events this year, noting that the Rome Water Dialogue placed water—the lifeblood of agriculture—at the centre of discussions, and that the South-South and Triangular Cooperation Ministerial Dialogue strengthened global solidarity and cooperation. “The World Food Forum is still young, but its impact is undeniable,” the Director-General concluded. “Let us move forward with courage, creativity, and solidarity—working hand in hand for better foods and a better future.” The Science and Innovation Forum officially closed with the side event “One Health in agrifood systems is everyone’s health,” highlighting the interdependence of human, animal, plant, and ecosystem health. The week also featured the inauguration of the FAO Food and Agriculture Museum and Network (MuNe), connecting food heritage with innovation and linking past and future ]]> https://www.agrospectrumasia.com/news/47/3338/australias-queensland-positions-itself-for-global-capital-by-opening-dynamic-markets-to-investors.html https://www.agrospectrumasia.com/news/47/3338/australias-queensland-positions-itself-for-global-capital-by-opening-dynamic-markets-to-investors.html Fri, 17 Oct 2025 10:40:48 +0530 Brisbane to host June 2026 forum highlighting investment opportunities in agriculture, timber, and natural capital  Global AgInvesting (GAI), the world’s leading platform for agriculture and natural capital investment, will host its first-ever Australian conference June10-11, 2026, in Brisbane. The launch of GAI Australia, in collaboration with the Queensland Government, extends GAI’s global footprint into one of the most dynamic ag investment markets in the world.  “Bringing Global AgInvesting to Australia with the support of the Queensland Government marks an important milestone,” Jonathan Levin, portfolio director for Global AgInvesting, said. “Queensland’s scale in primary industries, leadership in agtech, and drive for sustainable production create a rare opportunity for global investors to connect with one of the world’s most dynamic agricultural markets.”  For 17 years, Global AgInvesting has brought together institutional investors, fund managers, and agribusiness leaders across its flagship events in New York, Europe, and Asia. With more than 50 events held and 20,000 attendees engaged globally, GAI has established itself as the premier meeting point for deploying capital into farmland, timber, and natural capital. The expansion to Australia follows record investor participation at Global AgInvesting New York in 2025, reflecting growing momentum for climate-aligned, real asset strategies.  Australia Positioned for Global Capital  Australia offers a set of advantages that uniquely position it as a global hub for agriculture and natural capital investment. Its counter-seasonal production supplies key commodities to world markets during Northern Hemisphere off-seasons, while its vast land and water resources create opportunities for scalable, long-term investments.  Furthermore, the country’s AAA-rated economy and transparent legal framework provide a stable, investor-friendly environment. Australia is also home to the world’s most advanced water trading system and rapidly developing carbon markets, underscoring its leadership in sustainable investing.  Global AgInvesting Australia will bring together global investors, pension funds, family offices, agribusiness executives, and service providers active in Australia or seeking new opportunities in the Asia-Pacific region. Attendees will gain access to networking, market intelligence, and direct engagement with local partners already driving growth in farmland, forestry, and environmental markets.  Queensland Minister for Primary Industries, Tony Perrett, said Queensland is leading the way in agricultural innovation and sustainable resource management, making it the ideal location for Global AgInvesting’s first Australian event. “This partnership is a significant step toward our goal of growing Queensland’s agricultural output to $30 billion by 2030,” Minister Perrett said. “It reinforces Queensland’s reputation for thriving primary industries and world-class research, development and extension, and regional assets. We’re working on an impressive program of events that will showcase some of Queensland’s assets and services that have set us apart on the world stage.”  ]]> https://www.agrospectrumasia.com/news/47/3335/americas-next-frontier-unlocking-africas-3-4t-agribusiness-market.html https://www.agrospectrumasia.com/news/47/3335/americas-next-frontier-unlocking-africas-3-4t-agribusiness-market.html Thu, 16 Oct 2025 15:31:04 +0530 In an exclusive AgroSpectrum interview, Brent Boydston, Founder, Ag Center Solutions outlined how U.S. agribusiness can seize Africa’s $3.4 trillion AfCFTA opportunity. Feed grains, soy, and DDGS are prime entry points, but success hinges on relationship-driven partnerships, not just transactions. He stressed the need for investments in smallholder modernization, mechanization, and digital agtech to boost productivity and resilience. Boydston also called for next-generation trade frameworks that combine IP protection, technology transfer, and carbon-credit access. Africa’s low-input, biodiversity-aligned farming models, he noted, offer critical lessons for sustainable growth. Strategic collaboration, he concluded, can transform Africa into a hub for high-value food production and U.S.–Africa agricultural synergy. I. Market Potential & Geopolitics Africa’s Continental Free Trade Area (AfCFTA) represents a $3.4 trillion market. From your perspective, what segments of agribusiness—inputs, processing, logistics, retail—are most attractive for U.S. companies to enter first? From my perspective, feed grains such as corn, sorghum, DDGS from ethanol production, soybeans, and soybean meal represent the most attractive first entry points into African markets. Feed demand for the continent’s expanding poultry and livestock industries continues to rise, and population growth will only intensify the need for affordable protein. Market entry will not be without challenges, differing regulatory requirements across the continent will need to be navigated, but these can be addressed through engagement and partnership. The U.S. is late to Africa compared to China, Brazil, and increasingly India. What does America need to do differently to avoid being boxed out of Africa’s agricultural future ? U.S. businesses need to recognize and seize the opportunities emerging in Africa. Companies must understand that African nations and their people want to partner with American firms, but success requires relationship building rather than transactional thinking. Business in Africa is fundamentally relationship-based. U.S. firms must invest in learning the cultures of the countries where they operate, which is entirely achievable with the right guidance. They should also collaborate with established U.S. government entities active in Africa such as the U.S. Department of Agriculture’s Foreign Agricultural Service (USDA FAS) and with cooperators like the U.S. Grains and Bioproducts Council and the United Soybean Export Council. Both have strong local networks across the continent and can play a key role in facilitating market entry and building lasting partnerships. II. Investment & Capital Flows African agriculture still receives less than 5 per cent of total FDI inflows. Where can U.S. venture capital and private equity make the most immediate impact—financing smallholder resilience, scaling agtech, or building midstream infrastructure? Smallholder resilience, agtech scale-up, and midstream infrastructure are all vital investment avenues, but one area often overlooked is agricultural education paired with modernization. Farming practices in many African regions lag for several reasons, limited access to capital, weak risk-management tools, insufficient training in modern methods, and regulatory systems that are sometimes influenced by outside pressures rather than science. Take genetically modified organisms (GMOs), for example. Since their adoption in the U.S. in the mid-1990s, GMO crops have helped drive a transition from heavy tillage to minimum- or no-till systems, conserving soil and reducing input use. Yet in several African nations, bans on GMO seed cultivation or import prevent farmers from accessing these technologies and the benefits they bring in pest resistance, yield improvement, and soil protection. Investment that supports education, modernization, and science-based regulation would have immediate and lasting impact. III. Supply Chains & Infrastructure Africa faces a paradox: it holds 60 per cent of the world’s uncultivated arable land but imports $75 billion in food annually. Where can U.S. companies intervene most effectively—fertiliser supply, mechanisation, grain storage, cold chain? U.S. companies can make an immediate difference by strengthening fertilizer supply chains, investing in farm mechanization services, and developing modern grain-storage and cold-chain infrastructure to reduce post-harvest losses. These interventions not only increase productivity but also improve food security and the profitability of local producers. With the U.S. pushing for “friend-shoring” and resilient supply chains, can Africa realistically become a hub for U.S. agri-commodity processing and re-export into global markets? Africa is uniquely positioned to become an exporter of food and processed agricultural products. Large-scale production for the EU already makes Europe one of Africa’s top export destinations, while trade ties with India and other Asian markets continue to deepen. With a growing egg and broiler industry, African nations have the opportunity to expand value-added food production while importing feed grains from the United States. When paired with education and technology transfer, currently uncultivated lands could be brought into sustainable production allowing Africa to export higher-value commodities to its key markets. IV. Technology & Innovation Digital platforms in Kenya, Nigeria, and South Africa are redefining input distribution and farmer credit. Where can U.S. tech giants and agri-startups collaborate to leapfrog Africa into next-generation farming ecosystems? Technology and innovation go hand in hand, and Africa is poised to lead in digital agriculture. Internet access has expanded rapidly, a 115 per cent increase in Sub-Saharan Africa between 2016 and 2022, and this connectivity creates opportunities for improved efficiency and integration with global market. U.S. agri-tech startups should look to Africa not only as a market but as a collaborative partner for developing scalable digital solutions. Whether in AI-driven crop consulting, digital finance platforms, or precision-farming applications, the continent’s young, tech-savvy population offers fertile ground for next-generation agricultural innovation. V. Policy & Trade Architecture AGOA (African Growth and Opportunity Act) is set to expire in 2025. What kind of next-generation U.S.–Africa trade framework would best unlock agribusiness potential? While it remains uncertain whether the U.S. Congress or Administration will renew or replace AGOA, that uncertainty will likely drive some African nations to pursue bilateral trade agreements with the United States or to pivot toward other markets. Fortunately, a foundation already exists: the U.S. has a full free-trade agreement (FTA) with Morocco; a Trade & Investment Framework Agreement (TIFA) with the East African Community (Kenya, Uganda, Tanzania, Rwanda, Burundi, South Sudan); and multiple other TIFAs and Bilateral Investment Treaties (BITs) across the continent. These frameworks provide blueprints for deeper engagement between African nations and the United States. They can also help offset the loss of AGOA by encouraging commercial linkages between countries that already have agreements with the U.S. and those that do not. Are tariff concessions and export incentives enough—or do we need more holistic agreements covering knowledge transfer, IP, and carbon credits for regenerative farming? More comprehensive agreements are needed beyond tariff concessions or export incentives. Global integration requires frameworks that protect intellectual property and facilitate technology exchange while ensuring fair access to emerging markets like carbon credits. For example, to receive carbon credits, farmers must conduct soil sampling and meet strict verification requirements, activities that generate valuable data. That data should remain the property of the farmers who create it, reflecting their knowledge and stewardship. At the same time, they need access to improved tools, such as corn seed varieties designed for maximum carbon sequestration. Protecting the intellectual property behind those seeds and precision-agriculture systems is vital. Formal trade agreements can safeguard both farmers’ rights and corporate innovation, maximizing benefits for all parties. VI. Sustainability & Climate Diplomacy What lessons can Africa teach the U.S. about low-input, biodiversity-aligned farming models—and how can that shape bilateral partnerships? Though the U.S. and African farm sectors differ in scale and technology, they share a common goal: producing food sustainably for a growing population. Increasingly, African nations are turning to the United States for guidance on boosting production while conserving natural resources. A good example is the U.S.-based consulting company Sustainable Agricultural Solutions for Africa, which has worked in Ghana, Rwanda, and Kenya to transfer U.S. know-how on sustainable practices. These collaborations demonstrate a strong mutual interest in sharing best practices and are critical to shaping future bilateral partnerships. They provide tangible proof that sustainability can be achieved through cooperation and knowledge exchange on both sides of the Atlantic. --- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/3325/african-land-arab-capital-indian-innovation-groupe-mrps-vision-to-redefine-global-agriculture.html https://www.agrospectrumasia.com/news/47/3325/african-land-arab-capital-indian-innovation-groupe-mrps-vision-to-redefine-global-agriculture.html Tue, 14 Oct 2025 11:59:51 +0530 In an exclusive interaction, Sumit Govind Sharma, Groupe MRP's Global MD and the President of the Indo-African Chamber of Commerce and Industry outlines Groupe MRP’s transformative vision to establish an agriculture corridor across 78 countries spanning Africa and the Arab world. Anchored in the “LIFE – Longterm Integrated Farming Expertise” model, the initiative seeks to bridge Africa’s vast untapped arable potential with India’s agri-innovation strengths, creating integrated, self-sustaining agribusiness clusters. Each cluster will combine food security, value addition, and climate-smart practices—ranging from solar-powered irrigation and biogas generation to digital farm management tools and hydroponic fodder systems. With 50 per cent of output dedicated to local nutrition and the rest fueling export-oriented processing, the model aims to reduce post-harvest losses and empower smallholders, women, and youth through skill development. By 2030, Sharma envisions a trilateral ecosystem—African land, Arab capital, and Indian technology—driving inclusive growth, resilient supply chains, and food security across continents. Groupe MRP aims to create a transformative agriculture corridor across 78 countries. What is the strategic vision for agriculture, and how does it align with India’s strengths in agri-innovation and Africa/Arab market needs? Our strategic vision is anchored in both opportunity and responsibility. Africa represents a paradox: approximately 80–85 per cent of its arable land remains underdeveloped, yet the continent imports over $70 billion worth of processed food annually. Namibia, for instance, produces high-quality tomatoes, yet without local processing infrastructure, it continues to rely on imports, highlighting a persistent gap between raw production and value addition. Similarly, in East Africa, countries like Kenya and Uganda export raw fruits and vegetables while importing packaged goods—a structural inefficiency we aim to address. Groupe MRP seeks to bridge this gap by creating fully integrated agribusiness clusters.Its flagship initiative, “Longterm Integrated Farming Expertise (LIFE)” is founded on the belief that “Food is LIFE,” representing the core of sustainable development and human well-being. It embodies a holistic approach to agriculture that combines various farming components for sustainability and productivity. This promotes recycling of agricultural by-products and efficient resource utilization. It aims to provide regular income and year-round employment for farmers. ​The model enhances food and nutritional security while conserving natural resources. Within these clusters, 50 per cent of output is earmarked for local food security, ensuring immediate nutritional and economic impact, while the remainder supports commercial processing, investment sustainability, and export-ready value chains. To initiate this vision, the program will begin with the development of 100 hectares of land dedicated to implementing the LIFE model. This pilot phase will serve as a foundation for building scalable, self-sustaining agribusiness clusters that can be replicated across regions, fostering inclusive growth and long-term impact. Infrastructure development is central to this strategy. We are establishing processing units, solar farms, and biogas generation facilities sourced from local cattle populations to create energy- and resource-resilient clusters. Beyond physical assets, human capital is a priority. Farmers receive training in modern agronomy, gender-inclusive skill development programs are implemented, and housing and healthcare support is provided for laborers. Our “Blessings From The Earth” (BFTE) Kit is designed to advance nutritional security through homestead gardening and promote holistic farm management. The initiative encompasses seed distribution, kitchen gardens, mushroom cultivation, fruit and vegetable farming, and the development of neem-based fertilizers and bioinsecticides. By combining India’s technological and agri-innovation expertise with Africa’s vast arable potential, the program aims to build a self-sustaining and scalable agricultural ecosystem that strengthens local livelihoods, food resilience, and global value chains. Sustainability is at the forefront of global agriculture. How is the Division planning to introduce scalable, climate-smart, and resource-efficient practices in partner countries? Our approach is multi-dimensional and intentionally integrated, designed to embed sustainability at every stage of agricultural development. Each cluster is structured around circular resource utilization, where rainwater harvesting, rotational cropping, and small-scale fisheries complement crop cultivation to diversify income streams and strengthen resilience against climatic variability. The integration of biogas systems from livestock waste, solar-powered irrigation, and sustainable nutrient management further minimizes dependence on fossil fuels, lowers emissions, and enhances ecological balance. Every intervention is tailored to local agro-climatic conditions, ensuring replicability and scalability. Our goal is to create low-carbon, climate-resilient clusters that optimize water, energy, and soil resources. By embedding sustainability within productivity, we are demonstrating that environmentally conscious agriculture can be both commercially viable and socially transformative. From hydroponics to digital farm tools, India has a rich agri-tech ecosystem. How will Groupe MRP transfer and localize technology to maximize productivity and profitability across Arab geographies? The Arab region poses unique challenges: arid climates, scarce water resources, and extreme temperatures. Yet it offers significant opportunities in livestock and fodder production. While we are in the early exploration phase, we plan to introduce hydroponic fodder systems, IoT-enabled farm management tools, and precision irrigation models. The key is localization: technology must adapt to local soil, climate, and socio-economic conditions. India’s agri-tech solutions—from water-efficient irrigation systems to digital crop monitoring platforms—will be adapted to maximize yield and profitability while reducing resource intensity. This ensures technology adoption is practical, scalable, and financially rewarding for regional farmers, while supporting broader sustainability objectives. What strategies will the Division employ to strengthen supply chains, improve market access, and reduce post-harvest losses, particularly for smallholder farmers? Integration across the value chain is fundamental. Fifty percent of cluster output is designated for government food security programs, while the remainder feeds commercial processing. We are establishing high-value processing units for mango pulp, cold-pressed juices, tomato paste, and packaged vegetables, directly addressing post-harvest loss, which in sub-Saharan Africa is estimated at 30–40 per cent for perishable produce. Organic residues are repurposed into cattle feed or bioenergy, creating near-zero loss systems. Cluster-level, pre-cooling units, and GPS-tracked logistics maintain product quality, extend shelf life, and improve market access. These measures stabilize farmer incomes, enhance product compliance for local and export markets, and establish resilient, export-ready supply chains. How will the agriculture DiVision empower local communities, including women and youth, through training, capacity building, and knowledge transfer? Community empowerment is central to our mission. Farmers receive hands-on training in regenerative agriculture, precision farming, and post-harvest management. Gender-sensitive programs ensure women actively participate in all operational levels, while youth gain marketable skills in agri-tech, digital farm management, and renewable energy applications. By embedding knowledge transfer into daily operations, we create communities capable of sustaining high-productivity, climate-smart agriculture independently. Over time, these clusters become centers of skills development, inclusive growth, and social resilience. Will Groupe MRP pursue public–private partnerships, research collaborations, or joint ventures in these regions to accelerate agricultural innovation and adoption? Collaboration is essential for systemic impact. We are partnering with local governments, private landowners, and agri-tech enterprises to co-develop infrastructure, research programs, and financing solutions. Public–private partnerships enable risk sharing and accelerate the adoption of modern, sustainable practices. Research collaborations and joint ventures allow us to localize technology while leveraging India’s agri-innovation ecosystem. The aim is to create scalable, replicable models where knowledge, finance, and technology converge to maximize socio-economic and environmental benefits. Looking ahead, how do you see this trilateral agriculture initiative contributing to food security, rural livelihoods, and India’s strategic role in Africa and the Arab world by 2030? This initiative creates a strategic triad: African land, Arab capital, and Indian technology converge to form productive, resilient clusters. By 2030, fully operational processing units and integrated supply chains will transform local economies, turning surplus produce into high-value exports such as mango pulp, tomato paste, and packaged foods for both African and Indian markets. The model directly strengthens food security, stabilizes rural livelihoods, and reduces Africa’s dependence on imported processed food—currently exceeding $70 billion annually. Strategically, it positions India as a preferred partner, demonstrating technological leadership and the ability to catalyze sustainable, inclusive agribusiness ecosystems. Ultimately, this is about systemic change: climate-smart agriculture, empowered communities, resilient supply chains, and transcontinental trade linkages—all embedded within an economically viable and environmentally sustainable framework. ---- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/3321/western-australia-unveils-strategic-plan-for-agriculture-rd-with-55-million-investment.html https://www.agrospectrumasia.com/news/47/3321/western-australia-unveils-strategic-plan-for-agriculture-rd-with-55-million-investment.html Mon, 13 Oct 2025 11:05:26 +0530 A 2.75ha site will be established in the Jandakot industrial precinct for plant pathology, crop genetics, molecular biology, virology, and agronomy research Western Australia will establish a new Primary Industries Research Centre at Jandakot to help future-proof Western Australia’s valuable agriculture and food sector. More than $55 million will be invested to develop the 2.75ha site in the Jandakot industrial precinct to house the WA Department of Primary Industries and Regional Development’s research and development functions. When completed, it will incorporate technical facilities, storage and office space for about 100 research and scientific staff. The center will support R&D and innovation spanning plant pathology, crop genetics, molecular biology, virology and agronomy. In addition to the Jandakot facility, the WA has secured a new 5.5ha site at Wanneroo for grain, pastures and irrigated agriculture field-research trials to commence in 2026. DPIRD currently leads more than 250 research trials focused on grains, pastures, livestock, aquaculture, horticulture, and climate resilience across its metropolitan and regional locations. In 2024, WA also opened the new State Biosecurity Response Centre in Canning Vale to manage increasing pest and disease threats to agriculture and the environment. WA Agriculture and Food Minister Jackie Jarvis said the government was committed to future-proofing the state’s agriculture sector. He explained "The important research undertaken by DPIRD scientists has long provided benefits to WA producers and our economy, and the Primary Industries Research Centre and the new field trial site will bolster DPIRD’s research capacity.Together with the new State Biosecurity Response Centre these new facilities will help capture the benefits of next generation science and innovation and ensure WA’s primary industries remain internationally competitive" ]]> https://www.agrospectrumasia.com/news/47/3312/spotify-for-kitchens-daniel-baven-on-future-of-digital-food-hubs.html https://www.agrospectrumasia.com/news/47/3312/spotify-for-kitchens-daniel-baven-on-future-of-digital-food-hubs.html Thu, 09 Oct 2025 12:08:23 +0530 In an exclusive AgroSpectrum and NUFFOODS Spectrum Asia interview, Daniel Baven, CEO and Co-founder of Noahs, unveils how his company is turning everyday convenience stores into digital food hubs — the new crossroads of food, tech, and community. With its plug-and-play platform, Noahs lets retailers “stream” culinary brands like Spotify streams music, giving chefs global reach and consumers fresh, data-driven dining experiences on demand. The results speak volumes — Q8 stations powered by Noahs saw food sales surge 374 per cent and basket sizes climb 228 per cent. Unlike ghost kitchens or delivery aggregators, Noahs taps into existing retail kitchens, transforming them into profitable, AI-ready food networks overnight. Baven predicts that by 2030, food will replace fuel as the heartbeat of convenience retail — Noahs will be the invisible engine powering that revolution. Section I: Vision & Market Disruption Reimagining C-Stores: What inspired you to launch Noahs, and why is now the inflection point for reinventing convenience retail? The spark for Noahs came from watching how every major content industry—music, film, travel—has gone through its streaming revolution. Food hasn’t. Yet we have millions of kitchens sitting in prime retail locations, underutilized and disconnected from the digital economy. We saw an opportunity to turn those kitchens into digital food hubs. The real inflection point is convergence: consumers expect convenience, platforms demand supply, and retailers need new revenue streams to replace declining categories like tobacco and fuel. Convenience stores are sitting on the infrastructure of the future—they just need the operating system. That’s what Noahs provides. Digital-First Food Revolution: With the C-store market set to surpass $1T by 2029, how do you see technology reshaping the future of food retail? We’re standing on the edge of a complete reset. In five years, most people won’t cook at home the way they do today. It will simply make more sense to tap into a network of nearby retailers streaming great food, made fresh, faster, and cheaper than a home kitchen could ever compete with. Convenience stores and supermarkets are sitting on the most valuable real estate of the future — the crossroads of local communities. When those spaces go digital, they’ll stop being “shops” and start becoming marketplace hubs for food, experiences, and daily life. Technology is the enabler, but the change is cultural. It’s about food creators having a new stage, communities having new choices, and retailers becoming the backbone of the next food economy. Noahs was built exactly for that — to power this transformation and give retailers the tools to move from analogue to intelligent, from transactional to experiential. What’s coming is bigger than food tech. It’s a reinvention of how food exists in society. Section II: The Noahs Model – Technology + Brand + Kitchen Plug-and-Play Platform: Your tech platform can digitize a store with just a Wi-Fi connection. What makes this solution scalable across global chains with different IT maturity levels? The secret is simplicity. Most retailers are trapped in heavy legacy systems that make every new integration a nightmare. We flipped that logic. Noahs runs as a layer on top of existing infrastructure, connecting to what’s already there instead of trying to replace it. That means a store can go live in hours — not months — with zero capex and no new labor. The system plugs into delivery aggregators, POS systems, kitchen screens, and loyalty tools. The moment it connects to Wi-Fi, the store becomes part of a digital network that can sell, operate, and analyze in real time. It’s built for diversity. Whether it’s a gas station in Denmark, a supermarket in Belgium, or a convenience store in the Philippines, the platform automatically adapts to local tech setups and market conditions. That’s why it scales — because it doesn’t force uniformity, it enables it. Noahs is not just a tool; it’s a translator between the analogue world and the digital food economy. It’s what the retailers has been looking for, but it didn’t exist until now. Spotify for Kitchens: You’ve called Noahs’ Brand Platform a “Spotify for Kitchens,” letting retailers stream proven brands and menus directly into their stores. How do you curate the catalogue, and what data drives menu updates? We’re building a world where food moves like music. In the same way streaming opened a global stage for artists, we believe culinary creators will soon reach audiences anywhere — not through physical expansion, but through digital distribution. A chef in Copenhagen could see their tacos sold in Dubai the same week. That’s the future we’re shaping with Noahs. Our brand platform is the foundation for that future. It lets retailers activate proven food concepts directly into their stores, adapting to local tastes and neighborhoods instead of being locked into a single global brand deal. That flexibility is what the industry has been missing — agility, creativity, and cultural relevance. This shift also enables a complete rework of the food supply chain — simplifying how ingredients, inventory, and production flow through the system. It creates a feedback loop between real-time demand and supply, throttling production, reducing waste, and preparing the industry to fully harness AI. We’re still early in this journey, but the vision is clear: menus that evolve like playlists, brands that scale without borders, and a supply chain that finally moves as intelligently as the data behind it. For culinary entrepreneurs, it’s a new way to monetize creativity. For retailers, it’s the chance to become curators of food culture — not just sellers of products. That’s what “Spotify for Kitchens” really means: a living, breathing ecosystem where food, data, and creativity stream together. Modular Smart Kitchens: Your kitchens range from 1 to 20 m². How do you ensure operational efficiency, quality control, and food safety across distributed sites? The next decade will blur the line between retail and hospitality. We believe the world’s biggest food operators won’t be restaurant chains — they’ll be retailers. To make that leap, retailers will recruit from the culinary world, bringing in chefs, kitchen managers, and operational talent who can run hospitality at scale. What used to be a store will evolve into a network of kitchens, each designed for efficiency, consistency, and speed — powered by technology, not tradition. Noahs is the platform that enables this transformation. We don’t operate the kitchens — we power them. Our system acts as the operating layer that keeps every recipe, process, and temperature consistent across hundreds of locations. Retailers become the operators; Noahs becomes their digital backbone. On the hardware side, we’ve developed a full suite of modular kitchens — from compact 1 m² single-brand setups to 20 m² multi-brand environments for service stations, food courts, and supermarket delis. These units are engineered for throughput, safety, and profitability, with built-in monitoring and data loops that ensure every kitchen runs to the same standard. We also anticipate a wave of cross-company innovation in this space — robotics, automated production, drone delivery, and robotaxis changing the future states of the hardware component. Restaurant kitchens, as we know them today, simply can’t compete with that model. A Noahs-powered multi-brand kitchen can serve multiple food concepts with a fraction of the space, labor, and cost — while maintaining higher quality and consistency. That’s the future we see unfolding. Section III: Business Impact & Results Q8 Case Study: The Q8 transformation saw food sales jump 374 per cent and basket size rise 228 per cent. Which parts of the Noahs model (tech, brands, kitchens) drove the biggest lift? Those numbers from Q8 aren’t isolated results — they’re a preview of what happens when retail locations evolve through Noahs’ three-layer model. Every site that connects our technology platform, brand platform, and modular kitchens can experience a similar transformation. The tech layer creates instant digital access and operational visibility. The brand layer adds proven food concepts that attract new customers and expand sales channels. And the kitchen layer converts that demand into consistent, scalable output with an engine fit for the purpose. In the quoted Q8 case, all three layers came together at once — which is why the impact was so dramatic. But in most rollouts, we see a natural progression: first digitalize existing shop catalogues, then layer in easy-to-operate brands suited to the current store format, and finally scale through modular smart-kitchens and more advanced brand concepts. Each layer amplifies the next. What Q8 showed is that this isn’t theory — it’s the future playbook for every retailer. Service stations, supermarkets, and convenience stores can all become high-performing food hubs simply by activating the system step by step. The model works anywhere, because it’s built for the way people live now — connected, on-demand, and expecting quality food wherever they are. ROI & Adoption Curve: How quickly can retailers expect payback when adopting Noahs, and how do you help de-risk the investment decision? The short answer: fast. Because Noahs requires no upfront investment in new labor or capex, most retailers see positive returns within the first few months of activation. The payback curve depends on the depth of adoption — tech alone delivers immediate efficiency and access to new revenue channels, while layering in brands and kitchens compounds the effect. But beyond ROI, what really de-risks adoption is our model itself. We don’t ask retailers to change who they are — we enhance what’s already there. Noahs plugs into existing infrastructure and workflows, building value on top of current systems instead of replacing them. We also start small. A single pilot location can validate the impact before scaling to dozens or hundreds. The data from those first sites creates a clear business case — not projections, but proof. Retailers everywhere are under pressure to reinvent fast, but the risk tolerance is low. Our approach makes innovation incremental, measurable, and cash-positive from day one. That’s why Noahs scales — it rewards courage without demanding blind faith. Section IV: Competitive Landscape & Future of Food-Tech Standing Out in a Crowded Space: How does Noahs differentiate from ghost kitchens, Q-commerce players, and aggregator-led solutions? Ghost kitchens and Q-commerce were great experiments — but they’re built on isolated infrastructure. Each new location means new costs, new staff, and new risk. Aggregators, on the other hand, built digital demand but not digital supply — they own the customers, not the kitchens. Noahs connects the dots. We’re not building more kitchens; we’re activating the millions that already exist inside retailers. Instead of competing with delivery platforms, we empower retailers to integrate directly with them — turning stores into digital food hubs that can sell across every channel instantly. Where ghost kitchens chase scale through real estate, Noahs achieves it through connectivity. Where Q-commerce promises speed, we deliver sustainability — a model that actually works economically for both retailers and creators. Most importantly, we’re not just solving delivery — we’re reinventing food infrastructure. We give retailers the OS, brands, and hardware they need to own their role in the digital food economy. The future of food won’t belong to aggregators or ghost kitchens — it’ll belong to the platforms that make everyone else scalable. That’s where Noahs sits. 2025 Trends: What’s next for food-tech—robotic kitchens, AI menu personalization, functional food boom? Which of these will most affect the C-store ecosystem? The short answer? Noahs. Beyond that, it’s too early to expect any real leapfrogs in robotics. The robotics we see today are impressive, but they’re trapped between eras — built for a world that’s already shifting beneath them. The real step change will come when humanoid robots, like the ones Tesla and Figure are developing, can integrate naturally into existing operations. That’s a 2030 story, not 2025. The real 2025 trend in food will be the convergence of retailers into food — moving away from being simple convenience hubs to becoming food operators in their own right. That shift will ignite the most dramatic transformation the industry has seen in decades. AI will play a major role, but not yet in the way most imagine. Everyone’s talking about AI, but its real power depends on something far more fundamental: digitization. That’s what Noahs is building — the digital foundation that makes the intelligent food economy possible. Section V: Scaling & Strategy Geographic Expansion: Which regions outside Denmark and Thailand are next on your radar—and what makes a market “Noahs-ready”? Officially, we’re now expanding in 4 countries - Denmark, Belgium, Luxembourg, and Ireland. Within 2026, we expect to announce at least ten more countries across three continents joining the Noahs platform. We are currently preparing the best we can to meet the increasing demand for our solution. A market becomes “Noahs-ready” when retailers recognize that the old model no longer works — when rising costs, labor shortages, and changing customer behavior force a rethink of what retail really is. Europe is leading that shift. High operational costs and rapid transformation are pushing retailers to act faster than ever, and we’re positioned to help them do it in a scalable, low-risk way. Being Noahs-ready isn’t only about geography and necessity — it’s also about mindset. The retailers who will win this decade are the ones willing to reimagine themselves as food operators. That’s where our platform fits in: as the bridge between today’s analogue retail world and tomorrow’s fast paced food economy. Capital & Investors: Are you seeking growth capital, and if so, what kind of investors (VC, strategic, corporate) best align with your vision? We are currently finalizing our latest seed round and are well-capitalized for the current growth phase. Our next major raise — a Series A — is planned for 2026, and preparations are already underway. Right now, our focus is execution and scale. That said, we’re always open to conversations with investors who see what we see — those who understand that the future of food isn’t about building more restaurants, but about enabling the platforms that connect them. The best fit for us are partners who bring more than capital — those who share the vision of redefining food infrastructure globally and can accelerate that journey through strategic reach, technology, or market access. Vision 2030: Paint us a picture: what does a Noahs-enabled convenience store look like in 2030, and what share of its revenue will come from food vs. fuel? By 2030, the traditional service station will be unrecognizable. The era of fuel as the defining anchor is ending — what comes next will be built around food, experiences, and premium retail. We’re already seeing early signs of that leapfrog. Elon Musk’s new Tesla Diner is a perfect example — a glimpse of how technology, design, and hospitality can fuse into something people actually want to visit. That’s what excites me: not a finished blueprint, but the open canvas ahead. I prefer not to lock in a final vision. The real innovation will come from collaboration — from working with retailers, chefs, designers, and local communities to build places that fit their rhythm. Some will focus on food and digital ordering, others on community spaces or hybrid retail experiences. The beauty is that the platform allows for all of it. What I do know is that the transformation is imminent, and food will be the catalyst that starts it. Once retailers take that step, everything else follows — design, operations, social experiences, even how we define “convenience.” Over time, Noahs will simply become part of that ecosystem — the invisible layer powering whatever comes next. The real story won’t be about us. It’ll be about how retailers use this opportunity to reinvent what it means to serve their communities. ---- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/3294/corteva-announces-plan-to-split-into-two-industry-leading-public-companies.html https://www.agrospectrumasia.com/news/47/3294/corteva-announces-plan-to-split-into-two-industry-leading-public-companies.html Fri, 03 Oct 2025 10:07:33 +0530 A new Corteva will differentiate itself for its innovative products, including biologicals, focus on operational excellence, and separation to offer shareholders two compelling investment opportunities Global agriculture technology leader Corteva is splitting the company into two independent, publicly traded companies, one comprising its current Crop Protection business ("New Corteva") and the other comprising its current Seed business ("SpinCo"). The separation will unleash two distinct market leaders, both farmer-centric, both with technology and innovation at their core and both with operating models and capital allocation priorities tailored to support their respective growth outlooks, strategic directions and value propositions.  Upon separation, current Corteva Chair Greg Page will become Chair of New Corteva; current Corteva CEO Chuck Magro will become CEO of SpinCo.  Full board and management teams of both companies will be announced at a later date, followed by other key information. Chuck Magro, CEO, Corteva said, "As we look to the future, we want to best position both businesses to win in their respective markets and accelerate value for shareholders. The seed and crop protection markets have evolved, and as a result, we see the opportunities ahead for both companies diverging – this is the right time to act to stay ahead of the market. This separation will allow both businesses to maximize long-term value creation by focusing on their own priorities.  As such, we see this separation as the logical next step in their growth trajectory." Each business is expected to benefit from the separation through the following: A stronger strategic and operational focus for its next phase of growth Tailored capital allocation strategy with the flexibility to invest in distinct organic and inorganic growth opportunities, backed by a targeted, investment-grade credit rating Improved ability to adapt quickly to leverage evolving market dynamics to deliver consistent returns Distinct investment profile that unlock greater value for shareholders over time New Corteva: a Global Leader with a Track Record of Operational Excellence and a Comprehensive Portfolio Focused on Differentiated, Innovative Solutions Over recent years, the company set to become New Corteva has consistently outperformed in an increasingly competitive industry. While the sector is currently well-supplied with production capacity and numerous market participants, the demand for effective and differentiated technology remains strong. This emphasis on innovation and differentiation will enable the company to maintain its competitive edge and distinguish itself from its peers. New Corteva will continue its progress towards an optimized supply chain and have a laser focus on maximizing shareholder returns, operational excellence and the next generation of sustainable, differentiated innovation – including biologicals, the industry's fastest growing market segment.  As a scaled, standalone company, New Corteva's capital structure and targeted investment-grade credit rating will be tailored for a business model designed to support future capital needs and deliver consistent growth over time. Capital will be directed towards organic investment in differentiated solutions, innovation to bring advanced sustainable solutions to farmers, and disciplined M&A to expand market positions in attractive portfolios or geographies. New Corteva's partners will benefit from its focused, more optimized route to market.  In addition, the company will be able to drive more effective channel management. New Corteva will also benefit from enhanced strategic flexibility, collaboration and partnership across the industry to drive efficiency and value.  Through a focus on returns, targeted investment and operational excellence, New Corteva will help farmers solve some of their toughest challenges and continue to lead the industry in crop protection.  2025 net sales attributable to New Corteva are estimated to total $7.8 billion, representing 44% of net sales for Corteva.  SpinCo: an Unrivaled Innovator with a Century-Long Track Record Poised to Accelerate Growth SpinCo will deploy advanced genetics to discover and develop groundbreaking solutions that help farmers around the world improve yield, enhance sustainability and strengthen crop health.  As home to the Pioneer® brand, it will launch from a position of strength: Pioneer's century-long track record of advanced breeding, market leadership and financial strength is unmatched in the industry.  SpinCo, a classic growth compounder, will also leverage other opportunities, including the strength of its regional anchor brands, including Dairyland Seed®; its partnership with retailers through brands like Brevant®; and growing presence in the out-licensing market. As a scaled standalone company, SpinCo will target an investment-grade rating, with capital allocation priorities tailored to its growth model.  This will include targeted M&A, sustained investment in R&D and the fulfillment of existing opportunities: out-licensing, hybrid wheat, biofuels and gene editing. By consistently delivering value to farmers and shareholders alike, SpinCo will deliver its next phase of innovation-driven growth. 2025 net sales attributable to SpinCo are estimated to total $9.9 billion, representing 56% of net sales for Corteva.  ]]> https://www.agrospectrumasia.com/news/47/3282/turning-climate-risk-into-opportunity-dr-godefroy-grosjean-and-ena-derenoncourt-on-ethiopias-green-finance-revolution.html https://www.agrospectrumasia.com/news/47/3282/turning-climate-risk-into-opportunity-dr-godefroy-grosjean-and-ena-derenoncourt-on-ethiopias-green-finance-revolution.html Wed, 24 Sep 2025 15:48:27 +0530 In this exclusive Agrospectrum interview, Dr. Godefroy Grosjean, Co-lead of CGIAR’s Hub for Sustainable Finance (ImpactSF), and Ena Derenoncourt, Senior Officer at the Alliance of Bioversity International and CIAT and ACT-H Project Lead, share how climate-aligned finance is reshaping Ethiopia’s agricultural landscape. They highlight  how the ACT-H initiative, backed by the Gates Foundation, is piloting bundled green loans that combine credit with irrigation, insurance, and training to de-risk horticulture value chains and empower smallholder farmers. Dr. Grosjean and Ena highlight the ImpactSF Analyzer, an AI-enabled tool translating climate data into actionable credit and portfolio metrics for banks, allowing them to move from single-loan transactions to systemic portfolio design. They have discussed the alignment of these efforts with Ethiopia’s ESG regulations, NAFIR 2025–2030, and ACC models, positioning horticulture as a catalytic entry point for climate-smart investment. Ultimately, they envision a financial ecosystem where capital flows to resilient, inclusive, and nature-positive food systems—turning climate risk into a driver of opportunity. Section I: Setting the Context – Vision and Urgency Ethiopia’s agriculture is both the backbone of the economy and deeply vulnerable to climate volatility. What motivated CGIAR’s ImpactSF to engage directly with the country’s financial institutions through ACT-H? Agriculture is vital to Ethiopia’s economy but highly climate-vulnerable. By embedding science-based KPIs and blended finance tools, ImpactSF helps banks design inclusive, climate-smart loans for small-scale producers and agri-SMEs—strengthening resilience and driving systemic change toward inclusive, nature-positive food, land, and water systems. The Government of Ethiopia has built a strong agricultural extension system, complemented by the Agricultural Transformation Institute’s (ATI) flagship initiative—the Agricultural Commercialization Clusters (ACC). The ACC model organizes priority commodities and value chain actors into clusters, creating a platform for targeted support and systemic change. Through the ACT-H initiative, supported by the Gates Foundation and in collaboration with ATI and Precise, ImpactSF is introducing green finance products to scale solar-powered irrigation for horticulture. Financing these crops through climate-informed financing, de-risking approaches, and market partnerships strengthen farmer resilience and fosters sustainable growth. In addition, building the capacity of financial institutions to design and deliver climate-linked and gender-sensitive financial products is critical. Tailored solutions ensure that women, youth, and vulnerable households are meaningfully included, reinforcing Ethiopia’s efforts toward inclusive and resilient agricultural transformation. The ACT-H initiative is framed around climate-smart horticulture. Why horticulture, and why now? What makes it a catalytic entry point for climate-aligned finance in Ethiopia? Horticulture is high-value, labor-intensive, and central to many farmer’s livelihoods. Yet it is highly exposed to drought and rainfall shifts, making deployment of climate finance urgent. The ACT-H initiative focuses on solar-powered irrigation and other climate-smart inputs, equipping farmers while catalyzing broader agri-food transformation. Horticulture—particularly banana and avocado within ACCs—offers a catalytic entry point for climate-aligned finance: Horticulture offers significant economic and livelihood benefits, contributing to household incomes, nutrition, and exports, with target crops that are bankable and enjoy strong market demand. However, these crops are highly vulnerable to climate shocks, and without appropriate risk instruments, households often face distress sales and defaults. By combining loans with insurance, climate-smart inputs, and digital repayment options, smallholder farmers—many of whom are too large for microfinance but perceived as too risky by commercial banks—become ideal candidates for innovative climate-aligned investment. Strategically, this approach aligns with national priorities such as NAFIR 2025–2030, the National Agricultural Insurance Strategy, and Digital Ethiopia 2025, while Agricultural Commercialization Clusters (ACCs) provide a scalable platform for implementation. By targeting horticulture now, ACT-H can demonstrate how climate-aligned finance can de-risk agriculture, attract private capital, and deliver measurable adaptation and livelihood outcomes—setting the stage for replication across other value chains. What unique role does CGIAR—through ImpactSF—play in bridging scientific insights with financial decision-making in such high-stakes, low-margin sectors like smallholder farming? ImpactSF leverages decades of CGIAR science and expertise into practical tools for lenders, with an emphasis on local relevance. Through the AI-informed ImpactSF Analyzer and robust KPI frameworks, we make climate risk visible and financeable. This bridges research with day-to-day lending realities, which is especially important for smallholders and women farmers, who often face significant barriers and challenges to accessing finance. At ImpactSF and within the CGIAR, our work with farmers and farmer organizations gives us key insights into what is needed to create change from the bottom up. Through this role, ImpactSF ensures that financial products are not only bankable but also aligned with climate adaptation, mitigation, and resilience priorities, while advancing gender equity, youth inclusion, and environmental sustainability. Its ability to translate rigorous scientific evidence into actionable financial structures makes it uniquely positioned to bridge the gap between global climate finance standards (e.g., GCF, IFC, TCFD/IFRS S2) and the practical realities of Ethiopia’s smallholder systems. Section II: Climate Risk, Lending Challenges & Opportunity Framing Many Ethiopian banks reportedly have the liquidity but not the risk frameworks for agriculture. How is the ImpactSF Analyzer helping change that equation? This is a common challenge, banks across regions have liquidity but lack climate risk frameworks, limiting agri-lending. The ImpactSF Analyzer helps bridge this gap by identifying climate-smart investment opportunities, ensuring funding goes where it is needed. By integrating  scientific, financial and climate data, the Analyzer gives banks the confidence to design viable products that align with farmers’ realities and climate risk. By integrating scientific, financial, and climate data, the ImpactSF Analyzer enables comprehensive climate-smart lending. It supports risk-adjusted product design by aligning loans with seasonal cash flows, climate hazards, and insurance needs. It facilitates capital mobilization by producing risk metrics that attract concessional guarantees or additional liquidity. At the same time, it builds market confidence by tracking loan repayments, insurance uptake, and adoption of climate-smart agriculture practices, making agricultural finance more investable and resilient. The Analyzer ensures systematic, scalable expansion of climate-smart lending across Ethiopia. Could you explain how the tool translates climate data—like rainfall variability or drought hazards—into actionable metrics for credit scoring or portfolio design? The Analyzer takes climate data such as rainfall variability, drought frequency, or heat stress and links it directly to agricultural productivity risk at the crop and location level. Using CGIAR science, AI models and remote sensing, it projects yield impacts over the next 2–3 seasons, while also factoring in farmers’ adaptive capacity (e.g. irrigation, crop diversification). This produces forward-looking risk scores that can be integrated into credit scoring models or portfolio stress tests. For a lender, this means being able to differentiate between clients exposed to high vs. moderate climate risk, adjust loan conditions accordingly, and support anticipating default probabilities. At the portfolio level, the metrics allow banks to design more resilient sector exposures, set concentration limits, and steer capital toward climate-smart practices. Section III: Product Innovation, Tools & Bundled Finance The concept of bundled green finance—credit paired with irrigation, insurance, and training—was a major workshop highlight. What makes this model so promising for both lenders and farmers? Bundled finance reduces risk for both farmers and lenders. Pairing credit with irrigation, insurance, and training ensures farmers can repay loans while banks protect their portfolios. It’s a win-win model for resilience and growth. How are tools like the ImpactSF Analyzer enabling Ethiopian banks to go from a single-loan mindset to systems thinking—where value chains, repayment behavior, and environmental triggers are all interconnected? The Analyzer helps banks see farming systems, not just single loans. It links climate triggers, and value chain dynamics. This shifts lenders toward systemic, climate-smart portfolio design. Section IV: Systems Change, Policy & Inclusion Ethiopia’s regulators are rolling out new ESG reporting requirements. How is ImpactSF helping financial institutions align with this regulatory shift while strengthening climate-smart investment pipelines? The ESG rules present both challenges and opportunities. ImpactSF helps banks comply while building climate-smart pipelines through: ImpactSF supports financial institutions through a combination of capacity building, tools, and pipeline strengthening. It trains banks, MFIs, and insurers to design green finance products, including bundled credit, insurance, and solar-powered irrigation solutions. The ImpactSF Analyzer provides the data and insights needed to meet new ESG reporting requirements while designing stronger, more credible green finance products. Additionally, by applying a value chain lens, ImpactSF helps target priority sectors such as horticulture and livestock, scaling climate-smart products while ensuring measurable outcomes in gender inclusion, resilience, and productivity. ImpactSF turns new reporting requirements into an opportunity: building bankable, climate-smart products that attract concessional capital, reduce risk, and deliver real impact for farmers. What’s CGIAR’s broader vision for inclusive agri-finance in Ethiopia? Are you working to influence national policy, support rural banks, or scale models across other value chains? We work with banks, policymakers, and partners to shape national models. The aim is scalable finance across value chains and regions. This aligns with the CGIAR’s broader work in the region with the Ministry of Agriculture, National and Regional Agricultural Research Institutes, Ethiopian universities and both international and national development partners. There are the greatest number of CGIAR projects, initiatives, and funding in the East and Southern Africa (ESA) region, so it is a key area of our work. Section V: Scaling Impact & the Path Forward What’s next for ImpactSF and ACT-H in Ethiopia? Are there plans to pilot bundled loan products with partner institutions or integrate Analyzer insights into real-time lending decisions? Next, Act-H will co-develop bundled green loan products with partner banks and pilot innovative financing solutions in high-priority value chains. Insights from the ImpactSF Analyzer will feed into real-time lending, helping institutions actively manage climate risks. These pilots will lay the foundation for scale. How will success be measured—by hectares transformed, emissions reduced, capital deployed, or increased farmer incomes? Or is it something more systemic? Success means systemic change: capital flowing, risks reduced, and farmers empowered. It will be measured in farmer incomes, women’s access to finance, hectares under irrigation, and resilient lending portfolios. Above all, success means driving transformation toward a climate-smart financial ecosystem—one that helps turn Ethiopia’s climate challenges into investment opportunities. --- Suchetana Choudhury (suchetana.choudhuri@agrospectrumindia.com) ]]> https://www.agrospectrumasia.com/news/47/3250/vietnam-launches-agri-photovoltaics-project-to-deploy-10-agricultural-solar-power-models-in-pilot-scale.html https://www.agrospectrumasia.com/news/47/3250/vietnam-launches-agri-photovoltaics-project-to-deploy-10-agricultural-solar-power-models-in-pilot-scale.html Fri, 12 Sep 2025 10:47:15 +0530 The project is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) Vietnam's Agricultural Project Management Board (Ministry of Agriculture and Environment) in collaboration with the German International Cooperation Agency (GIZ) held a meeting to launch the Agri-photovoltaics for rural areas in Vietnam (Agri-PV) project. The project is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ). The Agri-PV project aims to deploy at least 10 agricultural solar power models. The pilot models will provide valuable experiences to demonstrate that farmers can benefit from combining agricultural production with solar power. In addition, 65% of the total 20 policy makers and stakeholders in the agricultural solar power sector will have improved knowledge about the current development status. Mr. Pham Ngoc Mau - Deputy Director of the International Cooperation Department (Ministry of Agriculture and Environment) said that Agri-PV is the first agricultural solar power project in Vietnam. The Agri-PV project aims to promote the development of agri-photovoltaics models in agricultural land systems cultivation towards enhancing gender equality and contributing to increasing farmers' income, promoting energy transition. This model brings dual benefits: both generating clean energy and agricultural production. The Ministry of Agriculture and Environment expects GIZ to mobilize international experts and experience to develop solar power for agriculture. The Management Board will take advantage of existing models, make effective adjustments, and aim to build multi-sectoral pilot projects. To realize the goal in 3 years of implementation, the project will focus on assessing the current status and potential for agricultural photovoltaics development in Vietnam, thereby providing consulting solutions on appropriate photovoltaics development models and strategies. In addition, capacity building, providing consulting services to stakeholders and mobilizing resources, contributing to the agricultural transformation process as well as committed on a just energy transition, Net Zero and NDC 3.0. The Agri-PV project has 4 components, implemented from 2025-2027: Assessing the current status and potential for renewable energy development in Vietnam; Consulting on appropriate renewable energy development models and strategies in Vietnam; Strengthening the capacity of relevant actors, including women and hazardous groups, in implementing renewable energy models in a farmer-friendly manner; Mobilizing resources for renewable energy development in Vietnam for Vietnamese partners. ]]> https://www.agrospectrumasia.com/news/47/3150/baladna-algeria-secures-integrated-agri-industrial-project-with-an-initial-contract-worth-500m.html https://www.agrospectrumasia.com/news/47/3150/baladna-algeria-secures-integrated-agri-industrial-project-with-an-initial-contract-worth-500m.html Wed, 30 Jul 2025 10:00:41 +0530 A total investment of $3.5 billion is planned for the company's integrated agri-industrial project for powdered milk production in Algeria. Baladna has announced the signing of initial contracts valued over $500mn between Baladna Algeria and a group of Algerian and international suppliers and consultants in the capital, Algiers. The agreements are part of the first phase of the company’s integrated agri-industrial project for powdered milk production in Algeria, which represents a total investment of $3.5B. The Baladna Algeria project is considered one of the largest agri-industrial ventures in the world and the first of its kind in Algeria. Spanning 117,000 hectares, the project is being developed through a strategic partnership between Baladna Q.P.S.C. and the Algerian government, represented by the National Investment Fund. Ramez al-Khayyat, Board Member and Managing Director explained that the first phase includes land reclamation and construction work for two out of four farms, one out of two factories, and 700 of the planned 1,400 pivot irrigation units. He added that production is scheduled to begin before construction of the first phase is fully completed, with herd formation planned to start in 2026. On the Qatar Stock Exchange website, the company announced that these agreements mark the official launch of this strategic investment, which will enhance food security and reduce reliance on imports, which will benefit Algeria's economy. Baladna Algeria is a joint-stock Algerian company established through a partnership between a subsidiary of Baladna Q.P.S.C. and Algeria’s National Investment Fund. The signed contracts cover a wide range of critical sectors, including agricultural technologies, production lines, irrigation equipment, water well drilling, steel and metal structure supplies, in addition to consultancy services in project management, topographic surveying, soil analysis, and environmental impact studies. Among the key international suppliers and consultants are GEA (Germany), a leader in dairy processing and automated milking systems; Valmont (USA), specialised in water-efficient irrigation systems; UCC, a globally recognised contracting firm; and EHAF, a prominent engineering consultancy. Leading Algerian companies involved include Condor-Travocovia, RedMed Contracting, and EFORHYD, specialised in water well drilling. Moutaz al-Khayyat, Chairman of Baladna, stated that the signing of these initial contracts, which form a key part of the project’s first phase, marks a major milestone in what is considered one of the largest agri-industrial projects of its kind in the world. He added: "Today, we are taking a critical step in the execution of this integrated agri-industrial project for dairy and powdered milk production in Algeria, which aims to achieve self-sufficiency in one of the country’s most essential and widely consumed food products. We are proud to bring together top-tier global and national expertise through collaboration with leading companies from the US, Germany, Qatar, and Algeria. These combined efforts will ensure the project is delivered on schedule and according to the highest international standards — starting with field studies, soil and water analysis, construction, and the design and implementation of world-class irrigation networks and production lines." Focused on dairy cow farming and powdered milk production, the initiative is expected to supply 50% of Algeria’s national demand for powdered milk, supporting the country’s goal of achieving food self-sufficiency. In addition to dairy, the project will contribute to red meat supply and is expected to generate more than 5,000 job opportunities for the local workforce. ]]> https://www.agrospectrumasia.com/news/47/3129/singapores-dayone-unveils-global-data-center-powered-by-renewable-energy-operations.html https://www.agrospectrumasia.com/news/47/3129/singapores-dayone-unveils-global-data-center-powered-by-renewable-energy-operations.html Mon, 28 Jul 2025 10:07:21 +0530 Southeast Asia’s digital transformation with green infrastructure for hydrogen-based energy DayOne, a Singapore-headquartered global data center pioneer, broke ground on its first data center in Singapore. The 20-megawatt (MW) facility spans about 40,000 square meters of gross floor area, with Phase One scheduled to be ready-for-service (RFS) in 2026. The groundbreaking event also saw the signing of two key strategic partnerships for DayOne – a Power Purchase Agreement (PPA) with Sembcorp Power Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries (Sembcorp) to power its data center where all operations will be fully covered with renewable energy, and a research and development partnership agreement with the National University of Singapore (NUS) to advance data center innovation as part of the Sustainable Tropical Data Center Testbed Phase 2.0 (STDCT 2.0) initiative. Singapore’s first data center pioneering proof-of-concept for hydrogen-based energy to accelerate the adoption of innovative green solutions The facility will feature green-powered high-density air-cooled Graphics Processing Unit (GPU) support, hybrid air and liquid cooling technologies. It is also expected to be Singapore’s first data center with on-site Solid Oxide Fuel Cell (SOFC) power generation, part of a pioneering proof-of-concept for hydrogen-based energy. By piloting SOFC, DayOne aims to accelerate the adoption of innovative green solutions, enhance diversification of energy sources for the data center industry, and support the city-state’s sustainability goals. Both LEED Platinum and BCA Green Mark Platinum certifications will be applied for, aligning with the highest environmental and energy performance standards for data centers. “This facility marks our commitment to Singapore as both home base and regional hub while highlighting our long-term vision to power Southeast Asia’s digital transformation with green infrastructure. Our SG1 facility is an important milestone and a contribution to the nation’s ambition of being an AI-ready, sustainable digital economy. Backed by strong public-private collaboration, we’re building infrastructure that is purpose-built for AI workloads, cloud computing and innovation.” Jamie Khoo, Chief Executive Officer, DayOne Data Center. The groundbreaking ceremony was attended by senior government and industry leaders, including Ms. Aileen Chia, Deputy Chief Executive, Infocomm Media Development Authority (IMDA); Ms. Seah Yueh Chinn, Vice President, Digital Industry Singapore (DISG); and Ms. Christine Wong, Assistant Chief Executive Officer, JTC Corporation. Also in attendance were Mr. Lim Ah Doo, Co-Chairman of DayOne; Ms. Jamie Khoo, CEO of DayOne; Mr. Koh Chiap Khiong, President & CEO, Gas and Related Services and CEO, Singapore, Sembcorp; Professor Lee Poh Seng, National University of Singapore (NUS); and other partners. Long-term Partnership with Sembcorp to achieve 100% renewable energy DayOne formalized a long-term partnership with Sembcorp through a 10-year Power Purchase Agreement (PPA) to supply its facility. The energy will be backed by bundled renewable energy certificates (RECs), sourced locally or imported via grid-to-grid connection. This strategic agreement marks a significant milestone in DayOne’s journey towards 100% renewable electricity, reinforcing its commitment to sustainability and clean energy adoption. This partnership lays the foundation for continued collaboration to support DayOne’s future growth and expansion. “The rapid rise of AI infrastructure is driving unprecedented energy demand — and meeting this demand sustainably is critical to the future of the data center industry. By providing scalable and reliable renewable energy, we enable data centers to grow responsibly. Our collaboration with DayOne reflects this commitment to powering the next generation of digital infrastructure with clean, future-ready solutions” Koh Chiap Khiong, President & CEO, Gas and Related Services and CEO, Singapore at Sembcorp Industries. R&D Partnership with National University of Singapore Additionally, DayOne launched a new research and development partnership with the National University of Singapore (NUS) to jointly explore innovative technologies that improve data center efficiency and sustainability. The partnership will support activities under the Sustainable Tropical Data Center Testbed Phase 2.0 (STDCT 2.0), including pilot-scale testing of novel cooling solutions in tropical climates. DayOne’s Singapore data center forms part of DayOne’s larger ambition to support digital transformation across the SIJORI Growth Triangle and build a resilient, low-carbon digital backbone for Southeast Asia. Established in 2022 and operating as an independent group since 2025, DayOne develops and operates data centers across Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong SAR, and other key markets. ]]> https://www.agrospectrumasia.com/news/47/3110/pepsico-and-cargill-collaborate-to-empower-farmers-by-advancing-sustainable-agriculture.html https://www.agrospectrumasia.com/news/47/3110/pepsico-and-cargill-collaborate-to-empower-farmers-by-advancing-sustainable-agriculture.html Wed, 16 Jul 2025 09:09:20 +0530 Practical Farmers of Iowa will implement this collaboration locally, providing technical guidance and financial incentives to farmers adopting regenerative agriculture practices. PepsiCo and Cargill announced a strategic collaboration to advance regenerative agriculture practices across 240,000 acres from 2025 through 2030. The collaboration will focus on the companies' shared corn supply chain in Iowa, where Cargill sources from local farmers to produce ingredients used in some of PepsiCo's most iconic products. Agriculture, and creating a more resilient agricultural system, is critical to PepsiCo's business, as the company sources 35 crops and ingredients from more than 60 countries to make its convenient foods and beverages. As a global supplier to PepsiCo, Cargill plays a key role in aligning the supply chain from farm to shelf. Together, the companies aim to deepen supply chain resilience, support positive outcomes for farming communities by helping them implement regenerative practices, and unlock new opportunities for advancing sustainable agriculture at scale. Iowa is the United States' largest producer of corn, contributing to more than 15% of the nation's supply in 2024. Through trusted local organizations – led by Practical Farmers of Iowa (PFI), a nonprofit organization with deep roots in the Midwest farming community – this collaboration aims to provide farmers with the knowledge they need to implement regenerative techniques and help them produce crops more sustainably.  PFI will offer farmers tailored advice and recommendations based on their region and planted crops—insights grounded in local realities. This type of collaboration is key to scaling regenerative farming practices that can ultimately support farmers and strengthen the resilience of the global food system. "By working with farmers to understand what's best for their farms and partnering across the supply chain we can accelerate the adoption of regenerative agriculture practices that can result in healthier soil, reduced emissions, and improved crop yields and livelihoods for farmers," said Jim Andrew, PepsiCo Chief Sustainability Officer. "This collaboration among PepsiCo, Cargill, and Practical Farmers of Iowa creates shared value and long-term sustainability that we believe will strengthen our business today and in the future."  This initiative also supports both companies' ambitious goals: PepsiCo's recently expanded goal to drive the adoption of regenerative, restorative, or protective practices across 10 million acres globally by 2030, and Cargill's goal to advance regenerative agriculture on 10 million acres of North American farmland by the same year. "This partnership is about delivering practical, measurable results – starting on the farm, where the food system begins," said Pilar Cruz, Chief Sustainability Officer at Cargill. "By coming together across the value chain, we can help create the conditions for regenerative agriculture to take root and grow. The collaboration offers a model for how we can drive meaningful impact at scale." Building on years of successful collaboration among PepsiCo, Cargill, and PFI, this initiative expands into a larger effort to transform today's agricultural practices for the betterment of farmers, communities, and the environment. Benefits to Farmers Participating farmers will receive agronomic guidance, incentive payments to help reduce the risk of adopting new practices, and access to technical resources to support their transition to regenerative practices, allowing them to expand their sustainable footprint with support from experienced organizations. PFI will lead implementation with farmers, managing enrollment and overseeing measurement, reporting, and verification to ensure credible, science-based outcomes. These practices are designed to improve soil health, increase resilience to climate impacts, and enhance long-term farm productivity—while connecting farmers to sustainability-focused supply chains. ]]> https://www.agrospectrumasia.com/news/47/3099/faos-investment-centre-forges-projects-worth-49-5-billion-to-boost-global-agri-tech-landscape.html https://www.agrospectrumasia.com/news/47/3099/faos-investment-centre-forges-projects-worth-49-5-billion-to-boost-global-agri-tech-landscape.html Mon, 14 Jul 2025 11:31:22 +0530 Agrifood systems employ almost 40 percent of the global work force, making this year’s Investment Days theme of “Investing for more and better agrifood jobs” Boosting investments in agrifood systems is a powerful lever to improve lives and can address the “alarming gap” of employment opportunities facing the 1.2 billion young people expected to enter the job market in the next decade, QU Dongyu, Director-General of the Food and Agriculture Organization of the United Nations (FAO), said in remarks opening FAO Investment Days 2025. FAO’s Investment Centre noting its evolution over 60 years, together with partners, to introduce innovative approaches, technologies and cutting-edge tools that help countries attract more public and private investment and achieve impact at scale. The Centre’s outreach now encompasses more than 120 countries, and last year helped design 51 public investment projects in 36 countries with an array of partners worth $7.3 billion. And it supported ongoing investment projects, totaling over $49.5 billion to ensure end-to-end quality. In 2024, the Centre contributed to 48 agricultural strategies, 33 sector studies, 21 policy studies and 5 policy dialogues in 92 countries, and also provided technical assistance to improve the quality of lending to private investment in 50 countries, according to its latest annual review. This year’s Investment Days, attended by more than 200 experts, will look at key factors influencing agrifood employment in developing countries, including productivity, changing demographics, labour migration, access to finance, and an evolving demand for skills amid technological advancements. Thematic sessions will explore the types of policies and enabling environments that can encourage job growth and innovation. They will also look at how local value addition and enterprise development can create meaningful jobs along agrifood value chains, especially for young people. The status of youth in the world’s agrifood systems was the theme of a recent groundbreaking report by FAO. Only about 400 million jobs are projected to be created in the next decade, highlighting the importance of balancing technology and tradition to design labor-intensive transformation of agrifood systems. Some 87 million additional jobs could be created by agrifood systems with targeted interventions, according to The Status of Youth in Agrifood Systems. “Investment Days is a reminder that we need to think bigger, think deeper, and design bigger,” said FAO’s Director-General, urging all to see investment opportunities wherever there are challenges. He highlighted how well-crafted interventions can unleash the powerful opportunities offered by e-commerce platforms to fill in the gaps between producers and agrifood systems. ]]> https://www.agrospectrumasia.com/news/47/3083/source-agriculture-invests-in-hydrosat-to-revolutionize-water-efficiency-and-crop-yields.html https://www.agrospectrumasia.com/news/47/3083/source-agriculture-invests-in-hydrosat-to-revolutionize-water-efficiency-and-crop-yields.html Mon, 07 Jul 2025 11:24:37 +0530 Innovative use of satellite data and their deep commitment to helping farmers worldwide manage water resources more effectively Source Agriculture Corp, a land acquisition and agricultural technology investor, has announced its strategic investment in Hydrosat, a company dedicated to leveraging space technology to tackle global challenges in water scarcity and food security. Hydrosat, with its vision of increasing food production while significantly decreasing water use, is uniquely positioned to address some of the world's most pressing agricultural challenges. The company has already made impressive strides, successfully launching two satellites into orbit through SpaceX, and is now serving customers on over 4 million acres in 43 countries worldwide. Hydrosat's technology has demonstrated the ability to provide up to 30% water savings, a 50% increase in crop yields, and a 30% reduction in electricity usage, marking a transformative leap in sustainable farming practices. "Hydrosat's innovative use of satellite data and their deep commitment to helping farmers worldwide manage water resources more effectively aligns with Source Agriculture's mission to promote sustainable farming. We believe this investment will accelerate Hydrosat's ability to scale its operations and create significant value for the agricultural industry, all while supporting global food security and conservation efforts" says Roop Mundi, CEO of Source Agriculture. Hydrosat's robust unit economics, with 3x annual recurring revenue (ARR) growth year over year, strong market traction, and a strategic partnership with the European Space Agency and the U.S. Space Force, position it as a key player in the ag-tech space. Through its satellite-enabled solutions, Hydrosat offers field-level and regional analytics that empower governments, farmers, and businesses to make informed, data-driven decisions. This investment marks a significant milestone for Source Agriculture as it continues to expand its portfolio of technologies designed to reshape the future of farming, improve water usage, and boost global food production. In addition to its stake in American Agriculture Technologies, Source AG is securing fertile U.S. farmland, partnering with farmers under lease agreements, rolling out energy installations, and eyeing future carbon-credit sales ]]> https://www.agrospectrumasia.com/news/47/3054/chinas-vegetable-capital-breaks-ground-in-the-desert-with-33m-uae-agritech-hub.html https://www.agrospectrumasia.com/news/47/3054/chinas-vegetable-capital-breaks-ground-in-the-desert-with-33m-uae-agritech-hub.html Wed, 25 Jun 2025 11:59:02 +0530 In a bold push to export its farming expertise, Shouguang—China’s vegetable powerhouse—is partnering with UAE-based Silal to build a 100,000 sq. metre smart agriculture centre in the desert. With a joint investment of 120 million dirhams ($32.67 million), the facility in Abu Dhabi will trial high-tech farming under some of the world’s harshest conditions. Powered by AI, robotics, smart greenhouses, and climate-adaptive infrastructure, the centre will grow crops like tomatoes, strawberries, and melons while piloting a full agri-ecosystem from seed to cold-chain logistics. It marks China’s latest Belt and Road export—not of roads, but of precision ag-tech. “Abu Dhabi offers the ultimate stress-test for next-gen agriculture,” said Shouguang Group founder Yang Ming, while Silal CEO Saleem al-Ameri called it a model for the Gulf’s food future. This project underscores China’s growing soft power in food security, as exports of agricultural machinery to Belt and Road countries surged 37.2 per cent in Q1 alone. As China’s farming tech hits first-tier global status, this desert-to-dinner-plate experiment may just be the next frontier. ]]> https://www.agrospectrumasia.com/news/47/3050/koppert-to-invest-200-mn-in-two-new-biocontrol-factories-in-brazil-by-2030.html https://www.agrospectrumasia.com/news/47/3050/koppert-to-invest-200-mn-in-two-new-biocontrol-factories-in-brazil-by-2030.html Wed, 25 Jun 2025 11:29:00 +0530 Dutch biological inputs giant Koppert is set to invest $ 200 million to establish two new manufacturing plants in Brazil by 2030, strengthening its foothold in tropical agriculture and addressing the rising pest and disease pressure. The investment aligns with Koppert’s strong focus on research and development (R&D), particularly in biological crop protection for tropical environments. According to Gustavo Herrmann, Koppert’s Commercial Director, the new plants—expected to be operational within two to three years—will ramp up the company’s high-tech production capabilities. One facility will specialise in bacteria, while the other will produce fungi-based solutions, both tailored to growing market needs. Herrmann explained that this expansion is the outcome of a strategic decision taken years ago, which also led to the 2021 launch of SPARCBio, an advanced research hub at ESALQ–University of São Paulo. The center currently runs over 30 R&D lines across four domains, including efforts to develop a bioherbicide—a long-awaited addition to the biological inputs market. Koppert currently channels around 7–8 per cent of its global revenues into R&D, equivalent to up to €4 million, from expected revenues exceeding €50 million in 2025. Besides Brazil, the company also runs a production facility in Argentina. The planned expansion will multiply Koppert’s production capacity by five to seven times, a move Herrmann sees as future-ready, anticipating growing global demand for biocontrol solutions. Despite biological inputs currently making up just 7 per cent of the global plant protection market, Herrmann believes they could surpass chemical inputs within 20 years as control paradigms shift. With Brazil emerging as a global leader in large-scale biological control adoption, Koppert intends to use its enhanced production to serve international markets, especially the United States and Europe. The company is already registering products overseas based on the same Brazilian-developed technologies. “Brazil leads the world in biological control for major crops,” Herrmann said, adding that teams from the US, Germany, and France frequently visit to study the country’s successful model. Koppert currently markets 40 registered biological products in Brazil and is actively developing another 40, including next-generation bioherbicides. ]]> https://www.agrospectrumasia.com/news/47/3048/the-great-agri-reset-climate-smart-tech-driven-farmer-first.html https://www.agrospectrumasia.com/news/47/3048/the-great-agri-reset-climate-smart-tech-driven-farmer-first.html Wed, 25 Jun 2025 11:05:31 +0530 India’s farmlands are undergoing a quiet revolution—powered by tech, backed by policy, and driven by purpose. With agriculture employing 45 per cent of the workforce and contributing 18 per cent to GDP, the rise of agritech could unlock a $95 billion GDP boost through smarter yields, lower costs, and climate resilience. From drone-powered soil checks to AI-driven advisories, platforms like AgriStack and eNAM are turning farming into a precision, data-led industry. Over $2.6 billion in startup funding since FY22 signals that agritech isn’t just innovation—it’s India’s next growth engine. With the right investments and inclusive digital tools, India can lead the world in climate-smart, tech-forward farming. India’s rich agro-ecological diversity has long established it as a global agricultural leader. Agriculture continues to be a vital pillar of the Indian economy, contributing nearly 18 per cent to GDP and employing about 45 per cent of the country’s workforce, according to Redseer Strategy Consultants. Even during the upheaval of the COVID-19 pandemic, agriculture stood out as a pillar of stability and resilience. This was largely enabled by targeted government interventions, including strong support for farmer producer organisations (FPOs), promotion of crop diversification, improvements in agricultural productivity, encouragement of mechanisation, and enhanced financial support mechanisms. A key milestone in this effort was the launch of the Rs 1 lakh crore Agriculture Infrastructure Fund, designed to strengthen rural infrastructure, improve post-harvest logistics, and build a more resilient agri-economy. Despite its agricultural output, India ranks only eighth globally in agricultural exports, holding a 2.33 per cent share of the global market. However, with the rise of agritech innovations, the sector is on the brink of a major shift.  A recent Ernst & Young report estimates that India’s agritech market holds a $24 billion opportunity, yet current penetration remains low at just 1.5 per cent. If fully developed, the agritech ecosystem could increase farmers’ incomes by 25 per cent to 35 per cent, contributing up to $95 billion to GDP through enhanced productivity, reduced input costs, improved market access, and diversified income streams. In response, the integration of climate-resilient practices with agricultural innovation has emerged as a critical strategy to safeguard both food and energy security. India’s agricultural future hinges on its ability to adapt and innovate. By merging traditional knowledge with cutting-edge technologies and fostering an ecosystem that supports resilience, India can not only protect its farmers but also lead the way in sustainable, climate-smart agriculture. With the right investments and policies, the country can build a farming system that is productive, equitable, and climate-ready, securing food and fuel for generations to come. India’s agritech sector is undergoing a seismic shift. Powered by digital innovation and growing investor interest, it’s reshaping the future of farming—from the ground up. Since FY22, the sector has pulled in over $2.6 billion across 340 deals, with nearly 70 per cent of funding flowing into B2B/B2C market linkages and full-stack platforms. The message from investors is clear: Agritech is no longer a niche—it’s a commercial opportunity with national impact. India is making significant strides in reshaping its agricultural landscape by integrating digital innovation and sustainability into the heart of farming. Initiatives like the Digital Agriculture Mission, with an allocation of Rs 2817 crore, are equipping farmers with real-time data and decision-making tools that improve productivity and resource efficiency. The Centre has allocated Rs 1,261 crore for the Namo Drone Didi scheme for 2023-26, bringing a much-needed gender lens to agriculture by empowering women through self-help groups, turning them into active participants and entrepreneurs in the supply chain. The National Mission for Sustainable Agriculture (NMSA) further strengthens the ecosystem by promoting environmentally friendly farming practices. To bolster domestic manufacturing of drones and related components, the government is planning the PLI Scheme 2.0 worth Rs 1000 crore. Together, these initiatives are laying the foundation for a more resilient and inclusive agricultural sector—one that is better equipped to tackle both current pressures and future demands. Centralised digital platforms can help streamline stakeholder coordination and enhance service delivery. At the same time, innovative financing models, such as micro-credit schemes and blended finance, are essential to unlock investments in agri-tech solutions. Just as crucial is the need for training and capacity building, ensuring that farmers not only have access to technology but also the confidence and skills to use it effectively. Agri-tech holds the key to revitalising Indian agriculture, offering solutions that increase yields, reduce environmental impact, and improve livelihoods, especially in the face of mounting climate risks. By embracing innovation at scale, India can make meaningful progress toward the Sustainable Development Goals (SDGs) and its national commitments under global climate agreements. With the right vision and collective effort, India can not only transform its agricultural sector but also emerge as a global leader in climate-smart farming, demonstrating how technology and inclusive growth can shape a sustainable future. Where Technology Meets the TillerA quiet revolution is reshaping India’s farmlands — and technology is leading the charge. Across the country, agritech startups are blooming, tackling age-old farming challenges with modern solutions. Driving this growth is strong government support. Initiatives like Startup India have created a fertile environment for innovation, giving entrepreneurs the tools and confidence to break new ground in the agritech space. Agritech is doing more than just streamlining farm operations — it's reshaping the entire agricultural value chain. By harnessing tools like AI, machine learning, data analytics, and SaaS platforms, farmers are making better decisions faster. These technologies enable smarter resource use, reduce operational costs, and help maximise yields — all while preparing farms to withstand climate challenges. In short, agritech is turning agriculture into a data-driven, climate-smart industry — and the benefits are just beginning to unfold. Private equity and venture capital firms are pouring capital into the sector, providing startups with the resources they need to refine their operations, boost research and development, and expand into new markets. The outcome: A fresh wave of tech-powered agriculture that’s smarter, more sustainable, and perfectly tuned to the needs of today’s farmers. Policy Meets Precision: India’s AgriTech LeapThe fusion of technology and agriculture is opening up powerful new pathways to tackle the growing risks posed by climate change. In India, the government is playing a proactive role in driving this transformation. A cornerstone of this effort is the Agri-Stack — a digital infrastructure designed to unify agricultural services and data on a single platform. This initiative makes it easier for farmers to access everything from advisories and subsidies to credit and insurance, while also streamlining coordination across the entire agricultural value chain. By improving access to cutting-edge technologies and offering financial and policy support, India is steadily building an agri-tech ecosystem that empowers farmers to boost productivity while embracing sustainable practices. Among the most impactful steps taken by the Indian government to modernise agriculture are initiatives like the Agricultural Accelerator Fund and the creation of Digital Public Infrastructure for Agriculture. These forward-looking programmes are designed to energise India’s fast-growing AgriTech ecosystem and promote innovation that can withstand future disruptions and challenges. Among the most groundbreaking initiatives by the Indian government in recent years is AgriStack, formally called the India Digital Ecosystem of Agriculture (IDEA). This bold vision seeks to weave together the country’s vast agricultural data into a single, powerful platform, anchored by each farmer’s land records. In a nation where most farmers cultivate small plots with limited resources and little exposure to cutting-edge technology, AgriStack holds the promise of being a true game-changer. This ecosystem integrates an impressive array of digital innovations, transforming the way decisions are made on the ground:First, Drone-powered soil and crop assessments that provide precise insights to optimise pesticide use and promote eco-friendly farming. Second, tailored recommendations crafted for every unique plot of land—offering advice on the best seeds to sow, optimal farming techniques, and smart soil management practicesThird, Instant, real-time updates on weather, crop insurance options, market trends, and government programs, all designed to reduce risks and improve farmers’ livelihoods. By delivering these actionable insights straight to farmers’ fingertips, AgriStack has the potential to revolutionise agriculture across India, empowering millions to make informed, timely decisions that enhance both productivity and resilience. A key pillar of India’s AgriTech transformation is the National Agriculture Market (eNAM)—a comprehensive electronic trading platform that seamlessly integrates existing Agriculture Produce Market Committee (APMC) mandis across the country. By bridging the information gap between buyers and sellers, eNAM introduces much-needed transparency and efficiency into agricultural markets. This digital marketplace unifies national trade, enabling farmers to access fair prices in real time based on actual supply and demand. The outcome? Farmers gain stronger bargaining power, markets operate more smoothly, and consumers benefit from access to high-quality produce. In the 2022-23 Union Budget, the government launched the Agriculture Accelerator Fund, a visionary initiative aimed at energising rural entrepreneurs and startups driving innovation in agriculture. This fund supports the development of affordable, technology-based solutions tailored to overcome persistent challenges faced by farmers. By empowering young “Agri-preneurs” with funding and resources, the initiative is poised to boost productivity and foster a dynamic AgriTech ecosystem nationwide. Supporting these efforts is the plan to establish a Digital Public Infrastructure for Agriculture—an open-source, interoperable platform designed around six farmer-focused services. These services include crop planning, health management, easier access to inputs, credit and insurance support, market insights, and the promotion of AgriTech startups. A shining example of this vision is the government’s Digital Soil Health Card initiative. By analysing soil quality and composition, the programme promotes precision farming tailored to local conditions. The revamped Soil Health Card portal, accessible via web and mobile app, provides farmers with easy-to-understand reports—complete with emoticons indicating soil health—in 22 languages and five dialects, ensuring broad accessibility and inclusivity. At the same time, the government is turbocharging India’s AgriTech scene by actively backing agri-incubators and start-ups. Programmes like RKVY-RAFTAR and the Agri-Sure Fund are providing crucial funding, expert guidance, and resources to nurture promising early-stage ventures and build a thriving innovation ecosystem. This support is fuelling breakthroughs in precision farming and cutting-edge technologies that boost both productivity and climate resilience. Initiatives such as the Pradhan Mantri Krishi Sinchai Yojana are pushing efficient irrigation solutions to conserve water, while the use of drones and other smart tools highlights a bold commitment to sustainable, resource-savvy agriculture. Together, these efforts are reshaping Indian farming—making it smarter, greener, and ready to face the challenges of tomorrow. Invest Integrate Innovate To effectively drive agri-tech integration, several strategic actions are essential. First, modernising agri-incubators is crucial. This involves updating their infrastructure and programmes to align with rapidly evolving technologies and changing market demands. Second, establishing state-level, controlled testing grounds where innovators can pilot their technologies in real-world agricultural environments is necessary. These testing sites enable developers to rigorously evaluate the effectiveness and practicality of their solutions while ensuring compliance with regulatory standards. Third, the development of an integrated digital platform is key to creating a cohesive agri-tech ecosystem. For farmers, it would offer easy access to timely advisories, best practices for sustainable farming, and direct links to market opportunities, empowering them to make data-driven decisions that improve productivity and income. Fourth, significant investment must be channelled into precision farming and climate-smart technologies. These advanced tools and methods enhance farmers’ ability to respond to environmental challenges such as erratic weather, water scarcity, and soil degradation. Finally, deploying a diverse range of financial instruments is vital to accelerate the growth and adoption of promising agri-tech ventures. This includes fast-track credit facilities to provide startups with quick access to capital, risk-sharing frameworks that encourage investment by mitigating potential losses, and impact investments focused on generating social and environmental benefits alongside financial returns.By implementing these comprehensive measures, the integration of agri-tech can be significantly accelerated, fostering a more sustainable, productive, and resilient agricultural sector that benefits all stakeholders involved. India stands at the threshold of a new agricultural era—one where sustainable growth and climate resilience go hand in hand. By embracing agri-tech innovations, the country can make significant strides toward achieving global environmental goals, reducing greenhouse gas emissions and safeguarding farmers from climate uncertainties. ------- Suchetana Choudhury ( suchetana.choudhuri@agrospectrumindia.com ) ]]> https://www.agrospectrumasia.com/news/47/3032/cote-divoire-calls-on-private-sector-to-boost-investment-in-rubber-value-addition.html https://www.agrospectrumasia.com/news/47/3032/cote-divoire-calls-on-private-sector-to-boost-investment-in-rubber-value-addition.html Mon, 16 Jun 2025 14:55:49 +0530 Côte d’Ivoire halts new permits for initial rubber processing amid oversupply concerns, urging private investment instead in tire manufacturing, molded rubber products, and bioenergy sectors. Officials say current facilities can handle the country’s entire rubber production. Côte d’Ivoire, is aiming to diversify its value-added rubber product offerings amid overcapacity in primary processing. The country's Rubber and Oil Palm Council has announced it will no longer issue permits for new first-stage rubber processing plants or expand existing ones until further notice. The decision, announced on June 4, is intended to address the imbalance between industrial capacity and raw material supply. The first-stage segment, which converts raw latex into solid natural rubber, is currently oversaturated. To rebalance the sector, the Council is encouraging private investors to shift their capital toward second-stage rubber processing. This includes manufacturing tires, molded rubber products, and other technical items, as well as leveraging rubber seeds and timber for added value. This strategic reorientation could accelerate emerging sectors like bioenergy. One example is the New Energy Company (SODEN), which announced plans on June 3, 2025, to build a 76 MW power plant in Divo using agricultural waste, including end-of-life rubber trees. At the same time, the Eni Group is transforming rubber seeds into vegetable oil for its biorefineries. Following a successful pilot, the company signed an agreement with the government on May 28 to develop a national biofuels industry. These projects offer new energy sources and additional income for small-scale producers. This policy also supports the government’s goal of achieving 100 per cent first-stage processing of Côte d’Ivoire’s rubber by 2025. With the ban on new facilities, the regulator asserts that current infrastructure can absorb the country’s total output, which reached 1.67 million tons in 2023, according to official data. ]]> https://www.agrospectrumasia.com/news/47/3030/egypt-to-invest-573-mn-in-first-phase-of-phosphoric-acid-plant-by-2026.html https://www.agrospectrumasia.com/news/47/3030/egypt-to-invest-573-mn-in-first-phase-of-phosphoric-acid-plant-by-2026.html Mon, 16 Jun 2025 14:34:19 +0530 Egypt is set to launch a $573 million project aimed at producing phosphoric acid for fertilizer use, with the first phase targeting an annual output of 250,000 tons. Commercial production is expected to begin in 2028. The initiative is designed to reduce the country's reliance on imports and strengthen Egypt’s position in the global fertilizer market. Egypt is ramping up efforts to strengthen its fertilizer sector with a $573 million investment in a phosphoric acid production facility, slated to begin construction in 2026 in the Abu Tartour region of New Valley Governorate. The project, part of the Abu Tartour for Phosphoric Acid initiative, is planned in two phases and aims for a total annual output of 500,000 tons of phosphoric acid, with the initial phase contributing half that capacity. Commercial operations are expected to commence in 2028. Phosphoric acid, essential in manufacturing both solid and liquid phosphated fertilizers, is central to Egypt’s strategy to reduce reliance on imports and increase its share in global exports. Engineering, procurement, and construction contracts are projected to be finalized by mid-2025. Petroleum and Mineral Resources Minister Karim Badawi highlighted the project’s importance in leveraging Egypt’s mineral wealth, calling it a strategic move to boost local value addition and industrial self-reliance. Egypt, currently the second-largest exporter of chemical fertilizers in Africa, aims to enhance its foothold in the phosphate fertilizer segment. In 2024, the country exported $2.43 billion worth of fertilizers, including $549.5 million from phosphate-based products, accounting for over 22 per cent of total exports. ]]> https://www.agrospectrumasia.com/news/47/2995/korean-investment-firm-makegroup-aims-major-agricultural-partnership-in-liberia.html https://www.agrospectrumasia.com/news/47/2995/korean-investment-firm-makegroup-aims-major-agricultural-partnership-in-liberia.html Fri, 06 Jun 2025 10:55:01 +0530 Considering major projects in agro-processing, cold storage systems, and agricultural machinery hubs South Korea’s leading investment firm, MakeGroup, is setting its sights on Liberia’s agriculture sector, expressing a strong interest in forging a transformative partnership with the country. The initiative is a major step toward strengthening international cooperation in support of Liberia’s agricultural and economic growth. During a high-level meeting with the Ministry of Agriculture in Monrovia, MakeGroup’s Chairman, James Juhee Han, led a nine-member delegation and outlined the company’s vision for investment in Liberia. The group is considering major projects in agro-processing, cold storage systems, and agricultural machinery hubs, with a focus on long-term infrastructure and maintenance support. Chairman Han emphasized MakeGroup’s intention to go beyond symbolic agreements by proposing a binding Memorandum of Agreement (MOA) rather than a typical Memorandum of Understanding (MOU). "The MOA clearly outlines shared goals and responsibilities. In fact, we are proposing two specific MOAs—one focused on general agriculture and the other on poultry” explained Chairman Han. In addition to its agricultural interests, MakeGroup also announced plans to establish a Universal Bank in Liberia with an initial capital of $100 million. This institution, if realized, would be the largest financial entity in the country, providing specialized services including housing and agriculture. However, Chairman Han noted the company's flexibility to align with the Liberian government’s plan for a dedicated Agriculture Enterprise Development Bank, a proposal currently under legislative review. Agriculture Minister, Dr. J. Alexander Nuetah, welcomed MakeGroup’s proposal, describing it as a timely and strategic opportunity that aligns closely with the Ministry’s priorities. Minister Nuetah said. “The priorities you outlined—mechanization, processing, poultry, and cold storage, align perfectly with our national agenda. We will do our best to ensure these plans are realized.” Minister Nuetah then provided an overview of Liberia’s current agricultural priorities, highlighting the development of 50,000 hectares of lowland for rice production, with 12,000 hectares already mapped. In cassava, he mentioned that construction is underway for the country’s first local starch-processing plant, with plans to expand the model to five other regions. For mechanization, he explained that Liberia is establishing 18 agricultural machinery hubs, eight of which are currently under construction, with equipment expected to arrive from China by August. Minister Nuetah added, “We want to move beyond smallholder farming done in patches. Our goal is to create large, modern, mechanized farms that boost productivity and create jobs.” Both sides agreed to review and finalize the draft MOAs before the delegation’s departure from Liberia. Chairman Han also requested a detailed list of Liberia’s agricultural priorities to help inform a joint action plan that could guide the partnership moving forward. The proposed collaboration echoes the Liberian government’s broader strategy to attract long-term, high-impact investment in agriculture as part of its “Liberians Feed Yourselves” agenda. As Liberia pushes toward food security, rural development, and economic self-reliance, partnerships like the one being pursued with MakeGroup are seen as critical to achieving these national goals. ]]> https://www.agrospectrumasia.com/news/47/2855/novo-holdings-invests-in-chinas-sylvans-fungal-biotechnology-venture-becoming-the-biggest-planetary-health-investor-in-asia.html https://www.agrospectrumasia.com/news/47/2855/novo-holdings-invests-in-chinas-sylvans-fungal-biotechnology-venture-becoming-the-biggest-planetary-health-investor-in-asia.html Mon, 14 Apr 2025 10:44:40 +0530 The new capital will help Sylvan strengthen its position in the global mushroom spawn market and develop new high-impact bio-products, such as fungi-based materials, biopesticides, and nutritional supplements. Novo Holdings, a leading global life science investor, and KKR, a leading global investment firm, signed definitive agreements for a direct investment in Sylvan, a world-leading producer of fungal biotechnology solutions. KKR will remain the Company’s majority shareholder. Novo Holdings’ investment in Sylvan marks its largest planetary health investment in Asia and its first in the fungal biotechnology sector, both of which are strategic priorities due to their growth prospects and potential for impact on planetary health. Novo Holdings’ Planetary Health Investments team spans three continents (Europe, North America and Asia), and invests in areas where science and technology can deliver returns while tackling global challenges, including feeding a growing world population, fighting climate change and drought, or creating sustainable cities. A fungal biotechnology company, Sylvan uncovers the potential of Earth's ancient fungi to provide sustainable solutions to global challenges in food, health, agriculture, and materials. Fungi, which have evolved over millions of years, may hold the key to solving many of the problems the planet faces today and in the future. The new capital will support Sylvan’s expansion by enabling increased production capacity, upgraded R&D infrastructure, and deeper penetration into high-growth markets, particularly in Asia. Sylvan will also benefit from Novo Holdings’ extensive network and sector expertise to further strengthen its position in the global mushroom spawn market and develop new high-impact bio-products, such as fungi-based materials, biopesticides, and nutritional supplements. Sylvan is the world’s largest mushroom spawn and fungal biotechnology company headquartered in China. The company seeks to harness the potential of fungal systems to create sustainable solutions to address global challenges in food, health, agriculture, and materials. Today, the Company operates multiple production facilities around the world and serves customers across 65 countries. From spawning to cultivation, the modern mushroom sector offers significant sustainability benefits and circular economy value to planetary health. It requires minimal land and water compared to traditional agriculture and utilizes agricultural waste as raw materials to produce high-quality proteins. Sylvan views China as an important growth market, where the downstream mushroom cultivation sector has experienced strong industrialization transition tailwinds, which is driving greater demand for spawn and supporting the acceleration of agricultural modernization and rural economic growth across the country. Jackie Qi, CEO of Sylvan, said, “With this latest milestone, we are in an excellent position to pursue our ambition to become a global leader in fungal biotechnology solutions across four unique markets: Food, Health, Agriculture, and Materials, and will look to leverage their global networks and expertise to take Sylvan to the next level of transformation.” Amit Kakar, Managing Partner and Head of Asia, and Deepa Hingorani, Partner, Head of Planetary Health Asia, Novo Holdings, jointly added, “Sylvan represents a significant milestone for our global Planetary Health strategy and underscores our growing presence in Asia. As a leader in fungal biotechnology, Sylvan is well-positioned to deliver sustainable innovations that support food security, reduce chemical use, and build a circular bioeconomy. We look forward to collaborating with KKR to help Sylvan scale its impact, particularly across dynamic markets in Asia, and advance our shared vision for a healthier and more sustainable planet.” ]]> https://www.agrospectrumasia.com/news/47/2674/australia-invests-2-34m-to-map-the-states-carbon-rich-soil-to-boost-sustainable-agriculture.html https://www.agrospectrumasia.com/news/47/2674/australia-invests-2-34m-to-map-the-states-carbon-rich-soil-to-boost-sustainable-agriculture.html Fri, 17 Jan 2025 11:25:58 +0530 Project will improve knowledge of high soil carbon landscapes within both agricultural and conservation landscapes in Tasmania The Australian government is investing $2.34 million in efforts to improve knowledge of the state's carbon-rich soils and provide better guidance for land use so as to lead to more sustainable agriculture.  This funding will be used for projects to locate and protect the state’s ‘high soil carbon landscapes’, as well as quantify their carbon storage content and potential and will be delivered through monitoring, change management, training and heritage programs.   Funding is delivered under the National Soil Action Plan.   The Action Plan has developed partnerships with states and territories to deliver 17 projects to address priority actions in support of good soil management and further demonstrating this Government’s commitment to soil.   The projects are being funded as part of the $20 million from the 2023-24 Federal budget to implement the plan in addition to co-contributions from each state.  They complement investments under the Natural Heritage Trust Climate-Smart Program, including $36 million to improve soil information and soil expertise, and $130 million to support farmers to adopt climate-smart sustainable agriculture practices.    New soil monitoring sites, on-the-job training and graduate mentoring delivered by the partnership will also help identify threats from current land management practices and promote better soil conservation and stewardship of natural resources.   These measures will enable improved decision making and planning by land managers – in both production and conservation landscapes – and inform climate change carbon emission and sequestration calculations.   Tasmania has relatively high soil carbon and the state has previously conducted digital soil mapping of its Wilderness World Heritage Area. The project will build on this existing wilderness mapping to increase knowledge and assist in the calculation of carbon storage and sequestration.  Mapping areas outside the heritage area, the latest project will also contribute to a national framework and standards.   Minister for Agriculture, Fisheries and Forestry, Julie Collins MP says, "This important project will improve knowledge of high soil carbon landscapes within both agricultural and conservation landscapes in Tasmania. The Tasmanian government has identified a shortage of appropriate soil information to assist emissions and sequestration calculations – so the carbon and natural capital information produced by the project will allow for mitigation and adaptation. It will deliver guidance products and tools for sustainable land management and inform important climate change calculations. Areas with high soil carbon often are home to important and seasonal surface water and groundwater reserves, so the work will also aid understanding of wetland, riparian, floodplain and swale areas and aquifers that are key during drought.” ]]> https://www.agrospectrumasia.com/news/47/2648/sound-agriculture-secures-25m-to-advance-bioinspired-nutrient-efficiency-solutions.html https://www.agrospectrumasia.com/news/47/2648/sound-agriculture-secures-25m-to-advance-bioinspired-nutrient-efficiency-solutions.html Tue, 24 Dec 2024 15:00:45 +0530 Sound Agriculture, a high growth agtech company, has spun out its leading plant epigenetics platform and completed a $25 million extension of its Series D raise. The new financing, co-led by BMO Impact Investment Fund and S2G Ventures, with significant support from Leaps by Bayer, Syngenta Ventures, and Fall Line Capital amongst others, will propel Sound toward profitability and support the launch of bioinspired nutrient efficiency solutions that empower growers to achieve healthier soils, thriving crops, and climate-friendly farming practices. Sound is redefining crop nutrition with two groundbreaking products: SOURCE®, a patented signaling chemistry, and BLUEPRINT™, a premium solution featuring the highest quality arbuscular mycorrhizal fungi (AMF). After reaching 2 million acres in the U.S. in just four years and continuing to grow rapidly, Sound is scaling its portfolio across new products and geographies. Marc Khouzami, Managing Director at BMO Impact Investment Fund said ​“The company’s commitment to cutting-edge science, building a world class team, and innovative business models has driven tremendous value for growers. We are pleased to continue supporting a company that has been able to make a significant environmental impact and grow their business.” “Our research has given us a deep understanding of chemical signaling technology,” said Eric Davidson, PhD, Chief Product Officer at Sound Agriculture. ​“This expertise has enabled us to bring together synergistic products that deliver essential nutrients like nitrogen and phosphorus to crops, enhancing performance while reducing environmental impact. It began with SOURCE several years ago, continued with BLUEPRINT, and will scale with even more innovations in the coming years.” Davidson leads research, development, and agronomy and is focused on building a robust portfolio of products centered on improving the rootzone ecosystem, with the company’s flagship signaling product, SOURCE®, at the core. The company is dedicated to providing growers with an integrated suite of solutions designed to enhance soil health and boost crop productivity. This year, Sound is accelerating market share growth for its products while driving meaningful change through an innovative grower incentive program, Efficient Acre. SOURCE: By mimicking a natural plant signal, SOURCE activates beneficial soil microbes to unlock nitrogen, phosphorus, and micronutrients that would otherwise remain inaccessible. It’s one of the easiest ways to optimize in-season nutrient uptake and improve crop performance. BLUEPRINT: The newest addition to the portfolio, BLUEPRINT provides arbuscular mycorrhizal fungi (AMF), one of the longest-standing crop biological partners. AMF forms a critical partnership with crops, providing essential macronutrients, micronutrients, and water. When used alongside SOURCE, it enables crops to access even more nutrients, helping growers achieve maximum yield potential. Efficient Acre Incentive: Sound’s groundbreaking program eliminates the financial risk for growers interested in using SOURCE to replace synthetic fertilizer. By replacing 25 pounds of nitrogen and/​or phosphorus with SOURCE, growers can earn up to $10 per acre and benefit from a guaranteed yield protection program offering up to $100 per acre cash back. ]]> https://www.agrospectrumasia.com/news/47/2606/americana-and-farm-frites-to-expand-mena-footprint-with-a-greenfield-frozen-french-fries-factory-in-the-kingdom-of-saudi-arabia.html https://www.agrospectrumasia.com/news/47/2606/americana-and-farm-frites-to-expand-mena-footprint-with-a-greenfield-frozen-french-fries-factory-in-the-kingdom-of-saudi-arabia.html Mon, 02 Dec 2024 10:48:56 +0530 Invests $100 million (SAR 375 million) on state-of-the-art factory which is expected to commission at the start of 2026 The Agricultural Growth and Processing Company, a subsidiary of Americana Holding for Food Ltd, is set to expand its business operation with a significant $100 million investment (SAR 375 million) in a Greenfield Frozen French Fries manufacturing plant in Riyadh, Saudi Arabia. Following a strong three-decade partnership in Egypt with Farm Frites, a global leader in the cultivation of potatoes and production of Frozen French Fries, the new processing factory will be established in Sudair Industrial and Business City, pushing forward our partnership with Farm Frites to greater heights. To commemorate this significant milestone, the Agricultural Growth and Processing Company (Americana and Farm Frites) held a lease-signing ceremony on November 20th, 2024, with the the Saudi Authority for Industrial Cities and Technology Zones in MODON Headquarters, in Riyadh, in the presence of MODON's CEO, and hosted a Groundbreaking ceremony in Sudair Industrial and Business City on November 25th, 2024, to mark the commencement of construction for the new Frozen French Fries processing plant. The event was attended by esteemed government and ministerial delegates, and key stakeholders, including local potato growers, valued global, regional and local customers and key strategic partners. The $100 million investment is a strategic step aligned with the Saudi Vision 2030 plans to diversify the Kingdom's economy, while also contributing to its food security agenda by boosting local production and creating employment opportunities for KSA nationals, local potato growers and farmers. The investment by the Agricultural Growth and Processing Company will enable the company to expand its footprint in KSA, wherein Americana has been operating for over two decades, with two factories in Jeddah, Saudi Arabia. Mohamed Ali Rashid Alabbar, Chairman of the Kuwait Food Company (Americana) KSCC commented: "We are excited to start the construction of our new Frozen French Fries plant in Saudi Arabia and to renewing our long-standing relationship with a trusted partner, this time in Saudi Arabia, and are proud to be contributing to KSA's Vision 2030 and championing efforts to increase local production in KSA. This was made possible through the vital support and collaboration of key government and institutional partners including but not limited to the Ministry of Investment, the Ministry of Environment, Water, and Agriculture, the Ministry of Industry and Mineral Resources and MODON, each playing a crucial role in our business expansion journey." Piet de Bruijne, Owner and Chairman of Farm Frites commented: "We are thrilled to once again join hands with Americana, building on a 30-year partnership of mutual growth and shared success. Among the 100 countries where Farm Frites is present in the world, KSA stands as the 5th largest market globally, reinforcing our commitment to the MENA region and to KSA's growth and economic diversification. We remain dedicated to advancing the industry holistically, from agriculture and logistics to delivering superior value directly to our customers." The new facility will be established on a plot exceeding 100,000 square meters and will employ cutting-edge equipment and advanced technology to produce Frozen French Fries and other specialty potato products. The plant is set to be inaugurated in Q1 2026 and will have a total annual production capacity of 70,000 MT during phase one, with plans for future expansion in the future. Upon commencing operations, this will mark the second joint venture partnership between Americana and Farm Frites and with the new facility underway in Sudair Industrial and Business City, we are set to become the largest producers of Frozen French Fries in the MENA region. ]]> https://www.agrospectrumasia.com/news/47/2497/germanys-saxony-anhalt-presents-current-and-future-investment-opportunities.html https://www.agrospectrumasia.com/news/47/2497/germanys-saxony-anhalt-presents-current-and-future-investment-opportunities.html Mon, 07 Oct 2024 11:17:12 +0530 Central German federal state offers Europe's largest investment opportunity with 700 hectares of space at the High-Tech Park Germany's Saxony-Anhalt mentioned that there is plenty of space for big plans in Germany as the Central German federal state offers Europe's largest investment opportunity with 700 hectares of space at the High-Tech Park on the outskirts of its capital, Magdeburg. In addition, there are currently 19 more attractive commercial and industrial sites, each offering at least ten hectares of contiguous space, which will be showcased at the joint booth of the European Metropolitan Region of Central Germany at Europe's largest B2B trade fair for real estate and investment, Expo Real in Munich. "Saxony-Anhalt is currently experiencing remarkable investment momentum. Numerous innovative companies from various sectors have deliberately chosen our location – a testament to the attractiveness of our region. In addition to excellent location advantages, such as our central location and well-developed infrastructure, we offer attractive spaces for new projects. We will be highlighting these strengths at Expo Real to attract further investors to Saxony-Anhalt and fully leverage our region's growth potential," emphasized Dr. Robert Franke, Managing Director of IMG. Sven Schulze, Minister for Economic Affairs, Tourism, Agriculture, and Forestry of Saxony-Anhalt is convinced: "The economy in the eastern German states has become a driving force for Germany. Saxony-Anhalt plays a special role in this, especially with recent settlements from Daimler Truck, Avnet, Wacker, and others. We want to continue this development and are working to attract more companies to the business location of Saxony-Anhalt." Saxony-Anhalt also offers strategic sites for near-term development in places such as Leuna, Köthen, Sangerhausen, Barleben, Stendal, Quedlinburg-Quarmbeck, and Sandersdorf-Brehna. Making its debut at Expo Real are also tourism-related investment opportunities in the emerging travel destination of Saxony-Anhalt, which impresses its visitors from home and abroad with spectacular attractions like UNESCO World Heritage sites, picturesque small towns, and unspoiled nature, resulting in continuously increasing numbers of guests and overnight stays. ]]> https://www.agrospectrumasia.com/news/47/2493/cauldron-to-develop-cutting-edge-precision-fermentation-contract-biomanufacturing-facility-in-mackay-queensland.html https://www.agrospectrumasia.com/news/47/2493/cauldron-to-develop-cutting-edge-precision-fermentation-contract-biomanufacturing-facility-in-mackay-queensland.html Fri, 04 Oct 2024 11:11:06 +0530 First and largest end-to-end contract manufacturer for precision fermented bioproducts in the Asia-Pacific region Cauldron Ferm, a next-generation biomanufacturer, is being supported by the Queensland Government through its Industry Partnership Program (IPP) to develop a cutting-edge precision fermentation contract manufacturing facility in Mackay. The Project aligns with the Queensland new-industry development strategy to develop industries that will be in demand as the world decarbonizes. By complementing conventional industrial production methods, biomanufacturing can play an important role in strengthening national resilience. When implemented at an industrial scale, biomanufacturing holds untapped potential to improve food security, meet national decarbonization targets, develop new domestic supply chains, and create jobs through localized production. The IPP supports plans to establish the Cauldron Bio-fab, a new industrial facility in Mackay that will be the first and largest end-to-end contract manufacturer for precision fermented bioproducts in the Asia-Pacific region. This industrial biomanufacturing site will deploy Cauldron’s novel hyper-fermentation technology, a breakthrough continuous fermentation process which significantly reduces costs. By driving down the cost of goods to achieve parity with conventional products, Cauldron’s proprietary platform holds transformative potential for the global bioeconomy across a variety of sectors. “With the support of the Queensland Government, Cauldron is a step closer towards building a first-of-a-kind facility that will produce ingredients used in fibre, fuel, feed and food products at commercial scale,” said Minister for State Development and Infrastructure Grace Grace. The Cauldron Bio-fab in Mackay will have the manufacturing capacity to supply a range of sectors with cost-effective, resource-efficient bioproducts. With projected annual production of more than 1,000 tonnes, the facility will produce key inputs for the food, nutrition, materials, beauty, personal care, chemicals, and biofuels sectors. The Mackay Bio-fab is the first planned industrial facility for Cauldron, as the company expands production from their current 25,000-litre demo facility in New South Wales. Cauldron plans to develop a global network of industrial facilities in multiple geographies. ]]> https://www.agrospectrumasia.com/news/47/2460/farmland-lp-announces-investment-from-microsofts-climate-innovation-fund-to-support-regenerative-agriculture.html https://www.agrospectrumasia.com/news/47/2460/farmland-lp-announces-investment-from-microsofts-climate-innovation-fund-to-support-regenerative-agriculture.html Fri, 20 Sep 2024 11:16:49 +0530 Farmland LP will develop Soil Carbon Credits on its 18,500-acre farm portfolio and expand the market for regenerative soil carbon credits. Farmland LP, the largest fund manager in the U.S. focused on organic regenerative farmland, announced an investment from Microsoft’s Climate Innovation Fund in Farmland LP’s third value-add fund, Vital Farmland III LLC. Farmland LP will develop Soil Carbon Credits on its 18,500-acre farm portfolio and expand the market for regenerative soil carbon credits. This work will also include preparing the necessary protocols, a critical step towards increasing regenerative agriculture practices globally to sequester vast amounts of atmospheric CO2 as mineralized soil carbon. ″Farmland LP’s use of regenerative agriculture practices to ensure healthy soils, and therefore high-quality soil carbon credits, is a critical element of advancing nature-based carbon removal solutions,″ said Erika Basham, director of Microsoft’s Climate Innovation Fund. ″We’re excited to invest in their fund and work with them to create a more sustainable agriculture sector. ″This investment from Microsoft is a significant milestone for Farmland LP and the broader regenerative agriculture sector,″ said Craig Wichner, Founder and Managing Partner of Farmland LP. ″Microsoft’s investment in our Fund III is a powerful validation of our approach to regenerative agriculture, and this capital will allow us to acquire additional properties and increase our fund’s economic and environmental returns.″ Microsoft's investment aligns with its commitment to sustainability and innovation. Farmland LP will package carbon credits from diverse regenerative agriculture practices, which it expects to generate using Verra’s Verified Carbon Standard, the foremost carbon program in the world. This work is instrumental in demonstrating that regenerative practices provide economic benefits to farmers and thus accelerating the sequestration of carbon in soils on agricultural lands worldwide, driving the necessary work to prioritize the carbon credit market’s focus on regenerative agriculture, establish and standardize carbon credit protocols, and promote sustainable farming practices. ]]> https://www.agrospectrumasia.com/news/47/2444/reinke-manufacturing-invests-12-m-to-scale-precision-irrigation-manufacturing.html https://www.agrospectrumasia.com/news/47/2444/reinke-manufacturing-invests-12-m-to-scale-precision-irrigation-manufacturing.html Fri, 13 Sep 2024 00:56:58 +0530 Prioritizes Robotics and Grows Production footprint; The project is estimated to be completed by the 2025 growing season Reinke Manufacturing, a global leader in irrigation systems and technology has invested $12 million in the modernization and automation of their manufacturing facilities to produce irrigation systems. Demonstrating its deep commitment to advanced technology, innovation, and excellence, the latest investment includes implementing advanced robotic technologies and expansion projects to increase production capacity and efficiency at its Deshler facility. Chris Roth, president of Reinke said “The introduction of advanced robotic technologies will allow our company to increase production capacity and provide consistent quality to the products we deliver to growers worldwide. These advancements will help us continue our goal of providing the world’s finest precision irrigation systems to growers working to improve yields and profit while managing and conserving valuable resources.” The robotic advancements will streamline the production process, significantly reducing production time for many of the parts used in Reinke’s precision center pivot irrigation systems. Its new robotic work cell features advanced automation capabilities, including vision systems to orient raw material parts based on their unique physical makeup as well as inspection capabilities of finished products. This technology is part of Reinke’s commitment of continual improvement towards objectives to provide products and services which meet or exceed their customers’ expectations. The expansion projects will significantly increase the production footprint in Deshler with the addition of more facilities, further enhancing Reinke’s capacity to meet the growing demand for its precision irrigation systems. Training sessions on the new processes are already scheduled for its production team. The project is estimated to be completed by the 2025 growing season. Reinke Manufacturing has established presence in more than 40 countries as world’s largest privately held manufacturer of center pivot and lateral move irrigation systems. Reinke develops products and technology designed to increase agricultural production while providing labor savings and environmental efficiencies. ]]> https://www.agrospectrumasia.com/news/47/2430/cargill-and-assist-partner-to-revitalize-coconut-industry-in-philippines.html https://www.agrospectrumasia.com/news/47/2430/cargill-and-assist-partner-to-revitalize-coconut-industry-in-philippines.html Fri, 06 Sep 2024 01:29:17 +0530 Cooperates with Philippine Coconut Authority to launch CocoGrow Project in Sarangani's Coconut Industry for sustainable future The CocoGrow Project, a groundbreaking initiative by Cargill and ASSIST supported by the Philippine Coconut Authority, officially launched at Barangay Bagacay, Alabel, Sarangani Province. The project aims to rejuvenate Sarangani's coconut industry by planting 75,000 coconut seedlings across three key municipalities: Alabel, Malapatan, and Malungon.  Focused on revitalizing coconut production, the project will introduce faster-growing, high-yield coconut varieties to replace aging, low-yield trees, and those damaged by recent natural calamities. Spanning 535 hectares of coconut farms, this initiative will directly benefit 500 smallholder farmers, with 50% of them being women. By backing sustainable agriculture and replanting initiatives, stakeholders can help farmers increase their incomes, strengthen the economy, and preserve the Philippines' status as a global leader in coconut production.  In addition to replanting, the project promotes sustainable agricultural practices designed to boost local economies and increase farmer incomes. Given the coconut's critical role in the Philippines—contributing approximately 3.6% to the country's gross value-added (GVA) and solidifying its position as a leading global producer (PSA 2019, Lapina and Andal 2017)—this project offers both immediate and long-term benefits. The CocoGrow Project will not only secure the future of Sarangani's coconut industry but also support the economic resilience and sustainability of its communities. Central to the project’s success are seven dedicated farmers’ cooperatives and associations, identified as key stakeholders. These groups will actively engage in capacity-building workshops to enhance their skills in critical areas such as improving consolidation processes, strategic and business planning, financial management, and cooperative governance. These efforts are aimed at strengthening the cooperatives' business acumen and governance, including policy formulation and access to credit facilities. Jonathan Sumpaico, Cargill’s Copra and Palm Origination Commercial Director, stated, “We are honored to partner with ASSIST in strengthening Sarangani's coconut industry. This project reflects Cargill's unwavering commitment to building resilient agricultural communities and helping farmers thrive where we operate. Through this partnership, we aim to improve the livelihoods of Sarangani's coconut farmers in a safe, responsible, and sustainable manner, while also meeting the growing demand for sustainable coconut oil." Francis Macatulad, ASSIST Executive Director, added, “We are taking a significant step towards revitalizing our cherished coconut industry. The launch of this project is more than just planting seedlings; it’s about fostering hope, creating opportunities, and building a sustainable future for our communities. Through our partnership with Cargill, and with the invaluable support of the Philippine Coconut Authority, we are committed to nurturing the coconut industry while empowering farmers to harvest more opportunities, ultimately transforming the economic landscape of Sarangani Province.” Emily Lorion, Philippine Coconut Authority Region XII General Manager, expressed support, “Launching the CocoGrow Project is a great initiative. It will help enhance coconut tree cultivation in Sarangani Province, support farmers and stakeholders, and boost our economy by helping in strengthening the crucial coconut industry in the Philippines, particularly in Sarangani. We support Cargill, ASSIST and the CocoGrow project. Our office in the Philippine Coconut Authority, which has a mandate to continue to improve and develop our industry, will always be here to extend assistance through planting, fertilization, and other intercropping for our farmers. The same goes for our trainings so that they can earn more and their livelihoods can progress further”.  ]]> https://www.agrospectrumasia.com/news/47/2312/australia-invest-1-m-to-fuels-sesame-industry-growth.html https://www.agrospectrumasia.com/news/47/2312/australia-invest-1-m-to-fuels-sesame-industry-growth.html Fri, 26 Jul 2024 08:34:52 +0530 The Queensland Government has reaffirmed its commitment to a thriving sesame industry in the state’s north-west with $1 million earmarked to drive industry development. Sesame emerged as the most promising crop for growth and diversification in the region from a comprehensive consultancy commissioned in 2018 under the North-West Queensland Economic Development Strategy. Subsequent market analysis in 2022 emphasised the global demand for sesame, positioning Australian-grown sesame favourably in both domestic and international markets. The absence of commercial-scale sesame cultivation in Australia posed a challenge, despite significant research funding from federal and state-based agencies. To address this gap, the Queensland Government has entered into a strategic partnership with the Australian Sesame Industry Development Association (ASIDA) to drive commercial-scale sesame production. The North-West Queensland Economic Diversification Strategy Implementation Plan to 2025 encompasses importing suitable genetics, supply chain enhancement, and market development. Realising these key components necessitates the establishment of commercial-scale sesame production and boosting grower confidence in both the crop and supply-chain logistics. DAF Executive Director, Agribusiness and Policy, Elton Miller said "The humble sesame seed is poised to transform agriculture in North-West Queensland, and with this latest round of funding, we look forward to seeing the industry grow and diversify. Market analysis highlights a growing global demand for sesame, positioning Australian-grown sesame favorably for both domestic and international markets. Under the North-West Queensland Economic Development Strategy, sesame has emerged as a key crop for regional growth and diversification." Australian Sesame Industry Development Association (ASIDA) Chair Daniel Weinstock said, " We are uniquely positioned to foster industry development in this key growth sector and the strategic partnership between the Queensland Government and ASIDA aims to establish commercial-scale sesame production and enhance grower confidence." ]]> https://www.agrospectrumasia.com/news/47/2327/clean-energys-rng-production-facility-breaks-ground-at-south-fork-dairy.html https://www.agrospectrumasia.com/news/47/2327/clean-energys-rng-production-facility-breaks-ground-at-south-fork-dairy.html Thu, 25 Jul 2024 09:07:18 +0530 The project expected to be completed in 2025 with $85 million investment Clean Energy Fuels Corp. has broken ground on a renewable natural gas (RNG) production facility at South Fork Dairy in Dimmitt, TX. Home to a 16,000-cow herd, the facility will produce RNG, an ultra-clean transportation fuel that is made from organic waste and receives a negative carbon-intensity score. The construction of the digesters and processing plant is forecasted to cost approximately $85 million and is expected to be completed in 2025. The South Fork Dairy facility is set to be one of the biggest RNG production developments in the country with an anticipated 2.6 million gallons of RNG to be produced annually once completed. All the RNG fuel produced at the site will make its way into Clean Energy’s nationwide network of stations. “We are excited to begin construction on the South Fork Texas project. Building anaerobic digesters at a large dairy like South Fork will help the dairy owner, Frank Brand, and his team collect and monetize sizeable amounts of manure waste while also benefiting from the environmental credits an RNG facility brings,” said Clay Corbus senior vice president of renewables at Clean Energy. “The project not only helps us convert our waste into a clean, useable sustainable fuel, but it also helps us with managing manure which for a dairy of our size is quite a feat. We do this while simultaneously reducing our environmental footprint – it’s a direction I hope many other dairies will look to pursuing,” said Frand Brand, owner of South Fork Dairy. Agriculture accounts for nearly 10 percent of U.S. greenhouse gas (GHG) emissions, according to the U.S. Environmental Protection Agency. Capturing methane from farm waste can lower these emissions. RNG is a transportation fuel made entirely from organic waste and drastically reduces GHG emissions by an average of 300% versus diesel. It is so clean that the California Air Resources Board gives RNG from dairy farms an average carbon-intensity score of -330, which is substantially lower than electric vehicles charging with electricity on today’s grid. ]]> https://www.agrospectrumasia.com/news/47/2311/korean-energy-agency-seeks-investment-opportunities-in-can-tho.html https://www.agrospectrumasia.com/news/47/2311/korean-energy-agency-seeks-investment-opportunities-in-can-tho.html Thu, 25 Jul 2024 08:52:00 +0530 Korea's KEA explores opportunity to establishment sustainable energy system in the international community and contribute to achieving global carbon neutrality Director of the Department of Industry and Trade of the Mekong Delta city of Cần Thơ on Thursday received a delegation of the Korean Energy Agency (KEA) led by its President Lee Sang-hoon who came to seek investment opportunities in the city.Hà Vũ Sơn, Director of the Department of Industry and Trade of the Mekong Delta city of Cần Thơ, received a delegation of the Korean Energy Agency (KEA) led by its President Lee Sang-hoon who came to seek investment opportunities in the city. The KEA President said that the Republic of Korea (RoK) is making continuous efforts to support the establishment of a sustainable energy system in the international community and contribute to achieving global carbon neutrality. As part of those efforts, the KEA has implemented many projects abroad over the past 10 years to support climate change response and economic growth in other countries including Việt Nam. KEA President wished that the RoK and Việt Nam including Cần Thơ city will cooperate in the field of carbon neutrality. He informed that KEA staff in Hà Nội are performing energy audit work to help save energy and improve efficiency for factories, adding that the KEA is trying to expand the work to industrial parks. Sơn said that the city hopes the Korean agency will help it connect with Korean businesses to attract investment to its key projects. ]]> https://www.agrospectrumasia.com/news/47/2281/boehringer-ingelheim-inaugurated-a-biomass-power-plant-at-its-ingelheim-site.html https://www.agrospectrumasia.com/news/47/2281/boehringer-ingelheim-inaugurated-a-biomass-power-plant-at-its-ingelheim-site.html Tue, 09 Jul 2024 16:48:21 +0530 Ingelheim site can cover 95% of its energy needs from renewable sources by investing EUR 205 million in sustainable infrastructure projects  Boehringer Ingelheim inaugurated a biomass power plant at its Ingelheim site to optimize its energy supply. At the same time, the power plant helps protect the environment by reducing CO2 emissions by around 50,000 tons each year. The CO2 emissions of the site's own energy generation are reduced by 70%. Company is investing EUR 205 million in sustainable infrastructure projects in Ingelheim and will be able to cover 95% of its energy requirements at the site from renewable sources in the future. The ceremonial inauguration was attended by the German Vice Chancellor and Federal Minister of Economics Robert Habeck and Rhineland-Palatinate Environment Minister Katrin Eder. Boehringer Ingelheim's Vice Chairman of Managing Directors, Michael Schmelmer, described the commissioning as a "significant milestone" and explained the significance: "Part of our sustainability goals is to protect natural resources so that our earth remains a place worth living in for people and animals. With an environmentally friendly and more independent energy supply, we are ensuring stable production in order to be able to deliver medications for patients worldwide." Federal Minister for Economic Affairs and Climate Action Robert Habeck said: "The decarbonization of all areas of our economy is necessary in order to achieve global climate targets on the one hand and a reduction in energy imports on the other. Boehringer Ingelheim is a good example of this. The company uses renewable energies for production. It trains and attracts talents as an attractive employer" Measures to achieve CO2 neutrality by 2030 The company has set itself the goal of making its business operations CO2 neutral by 2030. To this end, many individual projects are being implemented to save energy worldwide. By constructing more energy-efficient buildings, for example, the company has so far been able to save around 25% percent of its energy needs per square meter of floor space in Ingelheim. In Ingelheim, the company has also been operating its own solar park since 2023. Biomass is an important source of renewable energy and is considered almost CO2 neutral. The waste wood used as fuel in Ingelheim is a waste product. It comes from the Rhine-Main area and is controlled according to strict quality standards. Several other Boehringer Ingelheim sites are already certified as carbon neutral, for example in Dortmund (Germany), Gainesville (USA), Zhangjian (China) or Sant Cugat (Spain). ]]> https://www.agrospectrumasia.com/news/47/2279/pluri-announces-e1-million-proof-of-concept-agreement-to-enhance-global-sustainable-vegetable-supply.html https://www.agrospectrumasia.com/news/47/2279/pluri-announces-e1-million-proof-of-concept-agreement-to-enhance-global-sustainable-vegetable-supply.html Tue, 09 Jul 2024 11:41:27 +0530 Collaboration aims to develop innovative production methods to increase global availability of vegetables, shorten supply chains and promote sustainable agriculture Leading biotechnology company Pluri Inc, which transforms cells into solutions that promote global wellbeing and sustainability, has announced a strategic proof of concept (“POC”) agreement with a leading international agriculture corporation. The agreement is intended to boost the global vegetable product supply, streamline supply chains, and combat global climate change while ensuring a natural and more sustainable future for agriculture. The collaboration leverages the strengths of both companies—Pluri's extensive expertise in cell-expansion technologies and cellular agriculture complements the partner’s global presence, knowledge of the food industry and dominant position in the vegetable market. The result of the planned collaboration has the potential to minimize environmental impact and foster greater food security. Pluri’s proprietary 3D cell expansion technology is expected to benefit farmers worldwide, as the collaboration can build a better agronomic and environmentally friendly infrastructure, bringing sustainable, high-quality solutions to the market. “As the global population expands, resource competition and climate change heighten the urgency to develop alternative agricultural technologies to replace traditional methods,” said Yaky Yanay, Chief Executive Officer and President of Pluri. “This new collaboration showcases Pluri's strategy to work with leading global companies from various industries, each an expert in their respective field. It also aligns with our ongoing commitment to generate revenue through innovative projects. We are confident that this collaboration has the potential not only to positively impact the vegetable market, but also to generate significant value for our shareholders." Market size: The global vegetable farming market is valued at $1.3 trillion and is expected to reach $1.6 trillion by 2029, growing at a CAGR of 3.4% from 2024 to 2029. With over 7.5 billion people currently, the global population is steadily rising and expected to reach 8.6 billion in 2030 and 11.2 billion by the turn of the century ]]> https://www.agrospectrumasia.com/news/47/2278/toro-company-sells-australia-based-residential-pope-products-business.html https://www.agrospectrumasia.com/news/47/2278/toro-company-sells-australia-based-residential-pope-products-business.html Tue, 09 Jul 2024 11:28:22 +0530 Reinforces focus on strategic priorities that provide the greatest profitable growth opportunities The Toro Company, through its wholly-owned subsidiaries Toro Australia Pty Ltd and Toro Australia Group Sales Pty Ltd based in South Australia (collectively “Toro Australia”), announced the sale of its Pope Products residential garden watering and irrigation business to The AMES Company, Inc., a subsidiary of Griffon Corporation . Pope irrigation and garden watering products are sold exclusively in Australia and New Zealand. This transaction represents The Toro Company’s commitment to disciplined portfolio management and prudent capital allocation strategies. The transaction also represents an opportunity for Toro Australia to enhance its focus on the best opportunities to drive long-term profitable growth in the golf, sports fields and grounds, professional contractor, rental and residential markets. The financial results related to the Pope Products business have historically been included in the company’s residential segment results. The impact of this divestiture is immaterial to the company’s fiscal 2024 financial results and was already considered in the previously shared outlook for the third quarter and full-year. Toro Australia, a subsidiary of The Toro Company, and provider of innovative outdoor solutions for the golf, sports fields and grounds, landscape contractor, construction, residential and agricultural markets across Australia and New Zealand. Founded in 1925, the Pope Products brand represents a broad range of garden watering and irrigation products to help residential customers create and maintain beautiful gardens ]]> https://www.agrospectrumasia.com/news/47/2269/syngenta-to-invest-9-6-m-euros-to-build-new-innovation-center-in-el-ejido-spain.html https://www.agrospectrumasia.com/news/47/2269/syngenta-to-invest-9-6-m-euros-to-build-new-innovation-center-in-el-ejido-spain.html Fri, 05 Jul 2024 11:07:35 +0530 With the expansion of vegetable seed research and development centres in El Ejido (Almería) and Murcia (La Puebla), the new technological facilities to be build in Almería Syngenta has announced today a new investment of 9.6 million euros to expand and equip its R&D facilities in El Ejido with the latest technology. The announcement was made at a meeting held with the Department of Urban Development and the Mayor of the town hall of El Ejido and the managers of the Syngenta centre in the town. In the words of José Manuel Zapata, director of Syngenta's research centres in Almería and Murcia: " This new investment will revitalise the rural environment in the province of Almería and strengthen the already recognised international leadership of this province in the development of cutting-edge technologies in plant improvement and protection ".  Last year, the company announced an investment of 2.4 million euros in the expansion of its R&D centres in Almería and Murcia. Now, with this new commitment by Syngenta to Spain, the company is reaffirming its strategy of accelerating innovation in new technologies aimed at boosting the productivity and sustainable profitability of farmers. This large investment is intended to provide the centre with new facilities that will expand the existing lines of research. To this end, a new Plant Innovation Centre will be built. In this new facility, research activities will be carried out on different crops, both in greenhouses and outdoors. The aim is to make this R&D centre a global reference in leafy vegetable crops, tomato, pepper, cucumber, courgette and melon. The announcement took place at the headquarters of the El Ejido City Council, where company representatives shared all the details of the investment with the mayor, Francisco Góngora, who said that " it is wonderful news that an internationally renowned company has decided to build this innovation centre in Spain and to do so specifically in El Ejido ." Syngenta is one of the world's leading companies dedicated to the development and improvement of plant varieties for more than 150 years. Today it is the most global organization in the sector, with research teams operating in more than 60 countries that bring its innovation to the rest of the world.     ]]> https://www.agrospectrumasia.com/news/47/2256/grdc-and-sagit-strategizes-farm-management-by-investing-in-south-australian-grain-ecosystem.html https://www.agrospectrumasia.com/news/47/2256/grdc-and-sagit-strategizes-farm-management-by-investing-in-south-australian-grain-ecosystem.html Mon, 01 Jul 2024 10:51:31 +0530 The Trust is investing a total of $2.6 million in new projects this year, with GRDC co-contributing $333,324 to three projects. Australia's Grains Research and Development Corporation (GRDC) is extending support for South Australian grain growers through new research co-investments in collaboration with the South Australian Grain Industry Trust (SAGIT). SAGIT is the unique state-based grains research body that administers funds gathered through a voluntary levy on South Australian grain receivals. The Trust is investing a total of $2.6 million in new projects this year, with GRDC co-contributing $333,324 to three projects. In collaboration with SAGIT, GRDC will help support a new project managed by the Upper North Farming Systems group aiming to identify farm management strategies for mitigating frost damage. While the project is targeting this local issue in the Upper North region, it will also contribute to the national body of knowledge regarding management of frost supported by GRDC and SAGIT over many years. GRDC is also co-investing in work on appropriate fertiliser strategies for on-row sowing of lentils in saline soils, which is being led by Sam Holmes from Central Ag Solutions. This work will adapt learnings from the Yorke Peninsula and Mid North to other parts of SA, including the Mallee and Eyre Peninsula where lentil production has recently expanded. A third co-investment, led by Trengove Consulting, will help growers make the most of phosphorus fertiliser inputs, with a focus on managing spatial variability and long-term strategies. The increasing cost of fertiliser and seasonal supply constraints across the country mean these two projects also have potential to benefit growers in other regions, by developing benchmark strategies that can be tested and adapted elsewhere. GRDC senior regional manager – south Stephen Loss says South Australian wheat, barley, canola and pulses make a significant contribution to the national harvest, and research that helps improve their productivity is good for all grain growers. “GRDC and SAGIT have a shared interest in improving profitability and sustainability for SA growers, so it makes sense for our organisations to combine our resources. We have been working together to coordinate our research, development and extension investments for more than ten years, and have helped deliver significant improvements in a number of farming practices, including management of soils, fertiliser inputs and frost under SA growing conditions” he says. Co-investing allows both SAGIT and GRDC to maximise the value of their RD&E investments and increases the ability of South Australian researchers to build capacity, actively address local issues, and help growers adapt to changing climate and market forces. SAGIT chair Dr Andrew Barr says GRDC is an important partner for the state body said “GRDC co-investment adds significant leverage to SAGIT funding for projects that target the needs of South Australian grain growers. It also allows GRDC to extend its RD&E investment in local challenges that often have national relevance, while reducing the risk of research duplication between our organisations. ]]> https://www.agrospectrumasia.com/news/47/2217/world-bank-releases-global-aqua-business-investment-guide.html https://www.agrospectrumasia.com/news/47/2217/world-bank-releases-global-aqua-business-investment-guide.html Fri, 21 Jun 2024 09:36:21 +0530 The global aquaculture industry has seen considerable expansion in recent years, driven by risingconsumer needs, a lack of growth from capture fisheries, progress in production technologies, andaugmented investments from both private sector and governmental bodies. Presently, aquaculture isthe world’s fastest growing food sector and is anticipated to outgrow capture fisheries by 2027.Sustaining this growth will require continued industry support. Recognising this, the World Bank Group (WBG) has established a Global Aquabusiness InvestmentAdvisory Platform (AquaInvest Platform) that aims to develop and disseminate best practices inaquabusiness development, with a view to ensuring economic prosperity, social well-being, andenvironmental sustainability. By nurturing innovation and collaboration, the AquaInvest Platform seeksto empower aquaculture practitioners, investors and governments to meet the challenges posed bystagnating fisheries production and the increasing demand for food from a rapidly growing humanpopulation. The Platform is a Global Advisory Services and Analytics (ASA) task, which is funded by the multi-donortrust fund PROBLUE and administered by the World Bank. The task is a joint undertaking amongst WBGteams (Agriculture and Food (AGF), Environment, Natural Resources and the Blue Economy (ENB) andthe International Finance Corporation (IFC)), clients, and partners. A key component of the AquaInvestPlatform is the preparation of a set of global principles to promote sustainable aquaculture growththrough investment and business development. The WBG contracted Advance Africa Management Services to develop and disseminate The Global Aquabusiness Investment Guide. The rapid growth of the aquaculture sector, coupled with various trends such as increasing demand,technological advancements, and supportive investments, presents numerous opportunities forstakeholders across the industry. These opportunities are relevant to producers, investors, policymakers,and consumers, offering avenues for economic growth, innovation, and food security. However, to fullyharness these opportunities while safeguarding against potential challenges and negative social,ecological, and economic impacts, there is a critical need for a consolidated set of principles to guidesustainable commercial aquaculture development. The Guide was formulated through a combination of 1) desktop-based reviews of the existing frameworks and best practices for aquaculture development and management, 2) a review of global case studies representing successes, challenges and lessons learnt in aquaculture investment and aquabusiness development, 3) comprehensive stakeholder engagements with a variety of aquaculture industry actors. Through these activities, the needs of the intended users of the Guide, and commonalities driving sustainable aquabusiness development, were identified. The Guide describes the necessary requirements and enabling factors that need to be in place tostimulate aquaculture investment and business growth that is socially, environmentally, andeconomically sustainable. The Guide is global in their geographic scope, and applies to all majoraquaculture species groups, production systems and production scales. They encompass activities alongthe entire value chain, from primary production to supporting industries and services (e.g., feedproduction and veterinary services) and the production of aquatic non-food products. They can be usedby a diverse range of actors including national governments, private and public sector investors, privateaquaculture operators seeking investment (primarily small and medium enterprises (SMEs)),development partners, non-governmental organisations (NGOs), donors, research organisations and other stakeholders working on aquaculture, climate change, socio-economic, and environmental issues,and can be adapted to their specific contexts and needs. Importantly, the Principles are a publiclyaccessible “living document” (currently Summer 2024 Edition) that will be updated periodically as newlearnings emerge. These Principles do not duplicate existing frameworks, guidelines, principles, and Best ManagementPractices (BMPs) for sustainable and responsible aquaculture but build on these in a practical way(providing specific recommendations), with a specific focus on investment and business development. . ]]> https://www.agrospectrumasia.com/news/47/2103/australia-invests-in-production-of-1-3-gw-wind-offshore-capacity-in-southeastern-coast.html https://www.agrospectrumasia.com/news/47/2103/australia-invests-in-production-of-1-3-gw-wind-offshore-capacity-in-southeastern-coast.html Mon, 06 May 2024 10:53:10 +0530 Australian Government awarded Ocean Winds, EDP Renewables and Engie’s joint venture dedicated to offshore wind energy, a license to potentially develop up to 1.3 GW off the coast of Gippsland Ocean Winds, an international company dedicated to offshore wind energy and created as a 50-50 joint venture by EDP Renewables and ENGIE, has been granted a feasibility license by the Australian Government for a 150 square kilometres area to develop an offshore wind farm in waters off Gippsland, Victoria. The High Sea Wind project entails an installed capacity of 1.3 GW, the equivalent of a year of electricity for 1 million Victorian households. It represents avoiding up to 5.3 million tons of CO2 emissions per year, aligned with Victoria's offshore wind targets. The project reinforces EDP’s investment in Australia, a market that the company entered in the past months with the acquisition of ITP Development (ITDP) by EDP Renewables which has a portfolio of wind, solar, and storage projects. EDP R currently has 1.5 GW in various stages of development in onshore wind and solar projects, with a 480 MWp solar system and 200 MW storage project in an advanced stage of development in Queensland. “EDP wants to tap into Australia’s substantial growth prospects in renewable energy by developing multi-technology projects that can accelerate the country’s decarbonization while providing resilient and affordable green electricity to its inhabitants. Australia’s potential regarding solar, wind, and storage is tremendous, and we are proud that Ocean Winds was chosen in a competitive auction for this offshore wind project”, states Rui Teixeira, EDP’s CFO. These first offshore wind projects in Australia are expected to play a key role in reaching Victoria’s targets of 95% of renewable energy by 2035 with at least 2 GW of offshore wind generation capacity by 2032, 4 GW by 2035 and 9 GW by 2040. Ocean Winds, founded by EDP Renewables and ENGIE in 2020 to develop offshore projects, is on a trajectory to reach the 2025 target of 5 to 7 GW of projects in operation or construction, and 5 to 10 GW under advanced development. ]]> https://www.agrospectrumasia.com/news/47/2078/philippines-commits-more-investments-to-agri-sector.html https://www.agrospectrumasia.com/news/47/2078/philippines-commits-more-investments-to-agri-sector.html Tue, 23 Apr 2024 08:34:46 +0530 Government to boost Agri-Trade and fishery sector Philippines Department of Agriculture is evaluating and planning for added investments to agriculture sector as part of the national support to local farmers and fishermen. During a visit to the Agricultural Products Market Center in Sariaya, Quezon, Agriculture Secretary Francisco P. Tiu Laurel, Jr. stressed the importance of extending support to farmers from production to marketing and enhancing the capabilities of the country’s trading posts. The agri chief said farming will be more sustainable if there are enough facilities that allow farmers to directly market their produce. The Sentrong Pamilihan, established in 2007, has served as the main trading area for vegetables and other agricultural products, not only in Sariaya but nearby production sites as well. The opening of the trading post - a market place for local farmers to sell their harvest - has improved their incomes. The trading center has motivated Quezon farmers to expand production areas, contributing to the food security agenda of President Ferdinand R. Marcos, Jr.  Sariaya farmers said. According to Sec. Tiu Laurel, the DA is preparing a national logistics plan that will connect vegetable farms and other food growing areas to food hubs like the Food Terminal, Inc. in Taguig City. “We will link vegetable farmers with the Taguig mega cold storage and continue to provide support and assistance in terms of transport so they can sell their produce at the right  price,” Sec. Tiu Laurel said ]]> https://www.agrospectrumasia.com/news/47/2071/australia-to-fosters-agritech-ecosystem-with-new-grants-to-elevate-enterprises-and-investment.html https://www.agrospectrumasia.com/news/47/2071/australia-to-fosters-agritech-ecosystem-with-new-grants-to-elevate-enterprises-and-investment.html Fri, 19 Apr 2024 08:46:35 +0530 Round 2 of the AgriFutures Agritech Event Sponsorship Program will fund 22 agricultural innovation and agritech events The Australian government is strengthening its agriculture sector by supporting Agritech events across the country to enhance Australian innovation. This $1.5 million program is funded through the Albanese Government’s $12.3 million investment in regional trade events. Round 2 of the AgriFutures Agritech Event Sponsorship Program will fund 22 agricultural innovation and agritech events, aiming to foster commercialisation opportunities, attract investment, and elevate Australian agritech enterprises. Minister for Agriculture, Fisheries and Forestry Murray Watt, said agritech events showcase Australia’s leadership in innovation, sustainability, and research. “This program spotlights the cutting-edge innovations of regional Australian communities. Agritech events create major opportunities. They bring new products to new markets, elevate value add and sustainability, and foster deeper collaboration between industry players. The events are held on agriculture’s home turf – regional Australia – ensuring the growth they generate develops regional economies” Minister Watt said. The first round of funding saw $275,000 distributed to seven events in regional locations including Gatton, Gippsland, Orange and Tamworth. The successful recipients under Round 2 will share in $625,000 with events being held between 1 April 2024 and 31 October 2024. The events include:  Grower Group Agtech Engagement (Ballandean, Kalbar, Gatton, St George, Kingaroy and Childers – QLD) FoodTech Tasmania 2024 (Launceston, Burnie and Longford – Tasmania) Precision Ag Expo (McLaren Vale – SA) SparkLabs Cultiv8 WeekZero & Regional Showcase (Orange – NSW) South West Vic Agri-Tech Innovation Summit 2024 (Warrnambool – VIC)  Primex Field Days AgTech Alley (Casino – NSW)  The Science & Art of Trading Cattle (Coonamble – NSW) From Here On – Innovation Seminar (Hunter Valley Equine Research Centre – NSW) Dumbleyung AgTechXPO (Dumbleyung – WA) GroWQ Innovation Expo (Longreach – QLD) Regional Ag-Tech Innovation and Careers Showcase (Bendigo, Mildura, Shepparton and Wodonga – VIC) Agribusiness Today Forum (Orange and Borenore – NSW) Automating Australian Agriculture Roadshow (WA, SA, VIC, NSW and QLD) Empowering Australian Agriculture: A Roadshow on Technological Resilience, Safety, and Productivity (Wagga Wagga – NSW, Bundaberg – QLD and Mildura – VIC) Fruit Growers Victoria Conference 2024 (Shepparton – VIC) Henty Machinery Field Days (Henty – NSW)  Cyber Security in Agriculture and Agribusiness (Wangaratta – VIC) Spring Vine Health Day AgriTech Innovation Demonstration (Murrumbateman – NSW) Robotic Weeding Demo Day (Gatton – QLD) Agtech Showcase (Bundaberg – QLD) Digital Agrifood Summit 2024 (Wagga Wagga – NSW) GrownIn NQ 2024 (Bowen – QLD) Round 3 of the program will offer $600,000 to support events held between 1 November 2024 and 30 June 2025 with applications opening in August 2024 ]]> https://www.agrospectrumasia.com/news/47/2034/philippines-to-boost-agriculture-infrastructure-projects-explicitly-in-rice-and-corn-production.html https://www.agrospectrumasia.com/news/47/2034/philippines-to-boost-agriculture-infrastructure-projects-explicitly-in-rice-and-corn-production.html Fri, 05 Apr 2024 11:20:44 +0530 DA creates three teams for projects to boost food production and to minimize post-harvest losses Philippines Agriculture Secretary Francisco P. Tiu Laurel Jr. has created three (3) teams to prepare and finalize the feasibility studies of priority infrastructure projects of the Department of Agriculture (DA) that will boost food production, particularly of rice and corn. The agri chief designated Undersecretary for Special Concerns and for Official Development Assistance Jerome Oliveros as a chairperson across all three project-preparation teams which would draft the framework and plans for the proposed post-harvest program for rice and corn, the solar-powered cold storages, and proposed solar-powered irrigation systems. Undersecretary for Operations Roger Navarro will be  Oliveros’ co-chairman for the team that will prepare the feasibility study on the post-harvest program for rice and corn while Undersecretary for High Value Crops Cheryl Marie Natividad-Caballero will be the co-chairperson of the team in-charge of the proposed solar-powered irrigation system project. Meanwhile, the Department’s spokesperson and Assistant Secretary Arnel de Mesa will be the vice chairman of the team that will prepare the solar-powered cold storage project. As a special instruction to the team preparing the solar-powered irrigation system project, the agri chief stressed that they should ensure consistency on the proposed sites in the database of the National Irrigation Administration and with Bureau of Soil and Water Management irrigation masterplan. Earlier this year, Sec. Tiu Laurel estimated that the government will have to shell out around P93 billion in the next couple of years to build post-harvest facilities for rice and corn to minimize losses while P1 billion is needed to build cold storage facilities to extend the shelf life of vegetables ]]> https://www.agrospectrumasia.com/news/47/2023/indonesia-inaugurates-newly-revamped-gumbasa-irrigation-network.html https://www.agrospectrumasia.com/news/47/2023/indonesia-inaugurates-newly-revamped-gumbasa-irrigation-network.html Wed, 03 Apr 2024 11:13:07 +0530 President Jokowi inaugurates the project in Sigi Regency, Central Sulawesi Province Indonesia has inaugurated its upgraded irrigation network in Gumbasa with a budget allocation of Rp 1.25 trillion. President Joko “Jokowi” Widodo on March 27th inaugurated the newly revamped Gumbasa Dam and Irrigation Network in Sigi Regency, Central Sulawesi Province. “I hope that the reconstruction project of the Gumbasa irrigation area will improve our agricultural productivity, support food security, and improve the welfare of farmers,” the President said. The budget was used for the reconstruction of one dam, 35 kilometers of primary canal, 52 kilometers of secondary canal, 119 kilometers of tertiary canal, and 82 waste canals. The President further said that the infrastructure project will serve the area of 8,180 hectares of rice fields and improve the agricultural index from the 149% to 300%. “We must put our best foot forward to achieve food security and food sovereignty. We have revamped irrigation infrastructure, including dams and irrigation networks across the country, to ensure the availability of water for rice fields and for farmers to improve our agricultural productivity,” the President remarked. ]]> https://www.agrospectrumasia.com/news/47/2012/british-international-investment-commits-65m-to-singapores-indorama-to-support-global-food-security.html https://www.agrospectrumasia.com/news/47/2012/british-international-investment-commits-65m-to-singapores-indorama-to-support-global-food-security.html Wed, 03 Apr 2024 10:58:44 +0530 BII’s commitment will fund Indorama’s plan to develop a third fertilizer production line and a new port terminal in Nigeria British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, has committed $65 million to support Indorama Eleme Fertilizer and Chemicals’ expansion plans in Nigeria. The investment forms part of a $1.25 billion financing package which will allow Indorama, the largest fertilizer producer in Sub-Saharan Africa, to increase its fertilizer production and build a new port terminal for exports, bolstering global food production and food security. The new production facility will be complemented by a shipping terminal currently under construction at Indorama’s operations in Port Harcourt, Nigeria. Both will help meet the growing global demand for fertilizer and are expected to create up to 8,000 direct and indirect jobs. BII’s investment forms part of a consortium led by IFC and includes commercial banks, impact investors and other DFIs. This is BII’s fourth investment in Indorama since 2013 and signifies the DFI’s longstanding commitment to strengthening value chains in Nigeria’s agricultural sector and increasing the country’s export potential. Indorama’s two operational urea fertilizer lines currently serve Nigeria’s domestic market, supporting the country’s agricultural sector, which accounts for a quarter of its GDP and employs approximately a third of its labour force. This investment will finance the development of Indorama’s third nitrogenous urea fertilizer production line, which is expected to increase its annual capacity to 1.4 million metric tons of urea, one of the most widely used fertilizers worldwide. Nigeria’s economy has historically relied heavily on revenue from the oil and gas sector, making it vulnerable to external shocks and the price volatility of commodities. By supporting Indorama’s expansion, BII aims to accelerate Nigeria’s economic diversification and progress its delivery of the National Development Plan, which outlines ambitions to boost Nigeria’s global competitiveness and build on its strong foundations for industrialisation. Manish Mundra, Group Director for Africa, Indorama Corporation said: “The establishment of this fertilizer plant underscores Indorama’s unwavering commitment to Nigeria’s industrial growth, economic diversification, and leveraging its strategic geographic location. This landmark financing represents a pivotal moment in Nigeria’s journey towards becoming a major player in the global fertilizer market. With the addition of Line 3, Nigeria is prepared to significantly ramp up its export capacity, thereby enhancing its position as a key exporter of fertilizers to Africa and the world.” Sérgio Pimenta, IFC’s Regional Vice President for Africa said: “Reliable access to high quality fertilizer is essential for food production and food security around the world. IFC’s investment in Indorama, along with African, Asian, European, and American partners, signals our joint commitment to support the agriculture sector, Nigeria’s economy, and the expansion of Indorama, an important supplier in the global food chain.” As part of the project, Indorama will implement a greenhouse gas (GHG) emissions strategy to reduce emissions at its petrochemical complex by 32% by 2026, including by significantly reducing gas flaring and other improvements. This strategy aligns with Nigeria’s pledge to eliminate routine gas flaring by 2030 under the World Bank-led Global Gas Flaring Reduction Partnership. ]]> https://www.agrospectrumasia.com/news/47/2007/oman-investment-authority-launches-5-2b-future-fund-oman-to-fund-national-investment-projects.html https://www.agrospectrumasia.com/news/47/2007/oman-investment-authority-launches-5-2b-future-fund-oman-to-fund-national-investment-projects.html Mon, 01 Apr 2024 08:30:54 +0530 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 funding support small and medium-sized enterprises (SMEs), and the remaining 3% is set to be invested in startups. Future Fund Oman is designed to partner with a diverse array of investor categories, including private sector entities, business proprietors, foreign investors, SMEs, and startups. The Fund will be looking to invest in a variety of sectors, with a special focus on eight critical sectors which are tourism, manufacturing, green energy, fisheries, agriculture, ports and logistics, mining, and information and communication technologies. This focus is intended to rejuvenate these vital sectors and contribute significantly to Oman's broader economic objectives. In realization of its role to diversify the economy, the Fund will not be looking to invest in any oil and gas and real estate projects. H.E. Abdulsalam Al Murshidi, OIA's President, highlighted that the Fund acts as a catalyst for economic diversification and is a reliable partner for investors worldwide. Additionally, it has a strategic focus on empowering the private sector, attracting FDI, empowering SMEs, and fostering venture capital.   Interested investors can apply directly on https://futurefund.om/futurefund/ for easy access to financing information. Create an account, answer questions, and submit the Investment Opportunity Form for consideration. Application review may take up to three months with regular updates on status. Required documents vary based on project phase and nature. The Fund will adhere to OIA's quality standards, which have already positioned the Authority in second place globally in the Governance and Sustainability Development Index between 2022 and 2023. Governed by an Investment Committee and an Advisory Committee, the Fund ensures strategic alignment with broader economic objectives while overseeing investment decisions. ]]> https://www.agrospectrumasia.com/news/47/2003/australia-to-invests-73m-in-12-new-timber-plantation-projects-to-boost-regional-forestry-industry.html https://www.agrospectrumasia.com/news/47/2003/australia-to-invests-73m-in-12-new-timber-plantation-projects-to-boost-regional-forestry-industry.html Wed, 27 Mar 2024 11:10:01 +0530 Plantation programs across New South Wales, Victoria, Tasmania, South Australia and Western Australia will be establishing the new plantations across New South Wales, Victoria, Tasmania, South Australia and Western Australia with added $73 million investment on Support Plantation Establishment program. This brings the total amount of grant funding awarded across the program’s "first round" will be more than $10 million. The 10 new softwood and 2 new hardwood projects, ranging in size from 22.5 to 660 hectares and consisting of both farm forestry and large-scale plantations, will help address the forestry industry’s demand for domestically sourced, sustainable timber. Minister for Agriculture, Fisheries and Forestry, Murray Watt, said the new projects would continue to support Australia’s forest industries to improve the capacity and capability of the sector. “Australia’s plantation forest estate has been in decline for over a decade. Through these measures we will be able to increase Australia’s future timber supply and mitigate against future dependence on import timber markets. An over reliance on imported timber only heightens the risk that it will be sourced, intentionally or unintentionally, from illegal logging operations" said Minister Watt.The Support Plantation Establishment program continues to provide support for private industry, First Nations businesses, farm foresters and state and territory forestry bodies to increase the future plantation forest resource, while also contributing to Australia’s carbon emission reduction targets by storing carbon in plantation trees. ]]> https://www.agrospectrumasia.com/news/47/1986/corteva-launches-corteva-catalyst-the-investment-and-partnership-platform.html https://www.agrospectrumasia.com/news/47/1986/corteva-launches-corteva-catalyst-the-investment-and-partnership-platform.html Mon, 25 Mar 2024 11:20:04 +0530 New Investment and Partnership Platform will accelerate Next Generation Ag-tech Innovation  Corteva, Inc. has launched its new next-Gen platform "Corteva Catalyst", a novel investment and partnership platform focused on accessing and bringing to market agricultural innovations that advance the company’s R&D priorities and drive value creation. Corteva Catalyst will partner with entrepreneurs and innovators to accelerate the development of early-stage, disruptive technologies that enable farmers to sustainably produce more food and feed. “Corteva has a long tradition of addressing the critical challenges farmers face around the world by advancing innovation in partnership with the global scientific community,” said Sam Eathington, EVP and Corteva Chief Technology and Digital Officer. “Through Corteva Catalyst, we will build upon that tradition by pairing our considerable expertise and resources with the agility of start-ups and universities to deliver new solutions for farmers globally. This initiative will expand our pipeline and accelerate growth.” Leveraging Corteva’s expertise, recognized R&D capabilities, global footprint and go-to-market infrastructure, Corteva Catalyst is uniquely positioned to support the development and commercialization of groundbreaking technology and deliver it directly into farmers’ hands.  Corteva Catalyst will initially focus on identifying opportunities across four strategic verticals aligned with the company’s R&D priorities: genome editing; biologicals and natural products; technology platforms; and decision science.   ]]> https://www.agrospectrumasia.com/news/47/1876/ifad-highlights-the-transformative-power-of-innovation-for-small-scale-farmers.html https://www.agrospectrumasia.com/news/47/1876/ifad-highlights-the-transformative-power-of-innovation-for-small-scale-farmers.html Fri, 23 Feb 2024 10:14:34 +0530 Member States, global leaders and development and innovation experts gather in Rome to participate in IFAD’s 47th Governing Council IFAD and the Inter-American Development Bank Group (IDB Group) announced that they are exploring a collaboration to develop universal digital walletstailored to the needs of small-scale farmers. The aim is to roll-out the initiative globally, accelerating the inclusion and resilience of rural people and vulnerable groups. Alvaro Lario, President of the UN’s International Fund for Agricultural Development (IFAD) spoke at the opening of IFAD’s 47th Governing Council in Rome, with the theme Innovation for a Food Secure Future and the needs of small-scale producers in developing countries, Lario stressed. "In the face of rising hunger, economic volatility, growing inequality and the ravages of climate change, a quiet revolution is underway fueled by innovation and determination. For small-scale farmers in some of the most remote corners of the world, innovation isn't just a buzzword it's a lifeline with the potential to reshape the future of agriculture by generating and scaling up new ideas, new approaches and new opportunities to sustainably overcome the challenges they face on a daily basis" added Alvaro Lario. Bhaskar Chakravorti, Dean of Global Business, The Fletcher School, Tufts University, emphasized the significance of “small AI,” citing a case study in Tanzania where farmers uploading pictures of pest-infected crops onto a specially developed app that provided locally available treatments, saved $100 million in lost crops. Across the country, the impact amounted to $25 billion in savings. “When one thinks about investment, the amount of investment is relatively low but the return is enormous and the actions that need to be taken are straightforward,” added Chakravorti. Some of the new ideas and approaches discussed during the event were showcased at a Marketplace of Innovation which featured, for example, AI-powered climate information systems that keep farmers abreast of changing weather patterns, and blockchain and Web3 technology for digital wallets that allow rural people to easily receive and make digital payments. Solutions showcased at the marketplace aim to bring about broad systemic change that will ultimately help small-scale farmers increase their production and livelihoods, while building resilience to shocks such as climate change, conflict and economic instability. These changes can have far-reaching impacts since small-scale farmers produce one-third of the world’s food, and up to 70 percent of food in some developing countries. IFAD has often been at the forefront of AI adoption. By using Microsoft AI solutions, the UN specialized agency built Omnidata, a centralized analytics platform that connects data, dashboards, visualizations, and analytics powered by machine learning and AI to address small-scale farmers’ needs through targeted investments. During the Governing Council, IFAD recognized Gender Awards showcasing best practices developed in Bolivia, Cambodia, Ghana, Madagascar and Montenegro and emphasizing IFAD’s commitment to driving positive change in rural communities and economies. IFAD's Gender Awards are closing the gender gap in farm productivity and the wage gap in agricultural employment could potentially reduce global food insecurity by about 2% points and improve nutrition, livelihoods and sustainable food systems. Serbia becomes a Member State of IFAD; Lithuania is endorsed During the business items, the Governing Council members welcomed Serbia as a Member State. Lithuania was also endorsed today as a new Member State to join IFAD however its membership comes into effect upon the deposit of their instrument of accession with the UN Secretary General. ]]> https://www.agrospectrumasia.com/news/47/1875/philippines-to-foster-and-support-seaweed-industry-by-industry-stakeholders-coalition.html https://www.agrospectrumasia.com/news/47/1875/philippines-to-foster-and-support-seaweed-industry-by-industry-stakeholders-coalition.html Fri, 23 Feb 2024 08:06:00 +0530 Seaweed industry earned around $250 million in 2020-21 and generated export sales of $350 million in 2022 to be the world's second major exporter of seaweed Philippines Department of Agriculture (DA) underscored the need to increase support for local seaweed producers to boost the potential of the second biggest export earner in the country's aquaculture. DA held a gathering of seaweed industry stakeholders to address the concerns. DA Secretary Francisco P. Tiu Laurel, Jr. pointed out the local seaweed industry’s potential to regain its status as the world’s biggest exporter.  In 1990, the Philippines accounted for 80% of the world’s seaweed requirement while Indonesia only produced 10%. That has since changed. Indonesia produces five times more than the Philippines. “Indonesia already surpassed our production…(but) we still have unutilized area of 85,000 hectares. Until we reach that, we shouldn’t stop. If possible, we should accelerate the industry’s area expansion. Major concerns raised by industry leaders is limited support for the industry and lack of seedlings, which could be addressed by having bigger tissue culture laboratories and more technicians. Logistics issues also need to be resolved, including building more ports to take raw materials to processing plants and more power plants to address the high cost of power” said Sec. Tiu Laurel. While most seaweed production comes from Mindanao, processing facilities are in Cebu and Manila. The seaweed industry earned around $250 million during 2020-21 and generated export sales of $350 million in 2022. Secretary Tiu Laurel acknowledged the industry’s proposal to provide support in terms of seedlings, implements, lines, floaters, and counterweights to help seaweed farmers, who could produce 70,000 metric tons of seaweeds a year. He said once dried, the seaweed harvest would generate around 10,000 tons every year worth P550 million—a good return for a total investment of P1 billion for the industry, including large tissue culture laboratories, dryers, warehouses and training more technicians ]]> https://www.agrospectrumasia.com/news/47/1842/australia-2023-24-budget-update-biosecurity-funding-package-of-1-03-b-over-4-yrs.html https://www.agrospectrumasia.com/news/47/1842/australia-2023-24-budget-update-biosecurity-funding-package-of-1-03-b-over-4-yrs.html Fri, 16 Feb 2024 10:37:32 +0530 Australia strengthens its biosecurity against pests and diseases in agriculture, fisheries and forestry industries with added funding package of $267 M per year Australia is designing the new Biosecurity Protection Levy model that will commence from 1 July 2024. Strong and sustainably funded biosecurity is essential to protect Australia against potentially devastingpests and diseases, and to safeguard our economy and agriculture, fisheries and forestry industries. The new model recognises that primary producers, whether growing for the domestic market or exporting into premium overseas markets, benefit considerably from Australia’s biosecurity status. The Australian Government’s 2023-24 Budget announced a biosecurity sustainable funding package of$1.03 billion over 4 years and $267 million per year ongoing from 2027-28. This package introduces a new model for funding biosecurity based on shared responsibility - between those who create risk and those who receive significant benefits from the Australian Government’s efforts at the border. The Biosecurity Protection Levy will be introduced to contribute to the cost of Australia’s biosecurity activities. This levy will see producers join taxpayers and risk creators, such as importers, in delivering a fairer system of funding for the biosecurity system. The cost will be shared between taxpayers, importers, international travellers and producers. It is expected from 2024-25: 44% of the biosecurity system cost will be covered by ongoing taxpayer funding Importers will be paying 48% Producers will contribute 6% Australia Post 2% The Biosecurity Protection Levy will apply to domestic agricultural, fisheries and forestry producers. It isintended to collect around $50 million per year, equivalent to 6 per cent (on an annual basis) of the totalAustralian Government biosecurity funding in 2024-25. This levy will collect an amount equivalent to 10 per cent of 2020-21 levy rates or another comparable metric where such levies are not in place. The Biosecurity Protection Levy is separate to, and does not change, existing industry-led agricultural levies supporting R&D, marketing, residue testing, and Animal Health Australia and Plant Health Australia membership levies. ]]> https://www.agrospectrumasia.com/news/47/1814/singapores-seviora-capital-launches-the-future-of-food-and-farming-t3f-strategy.html https://www.agrospectrumasia.com/news/47/1814/singapores-seviora-capital-launches-the-future-of-food-and-farming-t3f-strategy.html Fri, 09 Feb 2024 09:17:18 +0530 Seviora and Temasek Form Partnership to Invest in High Growth and Innovative Agri-Food Companies in APAC Singapore-based Investment Manager, Seviora Holdings has partnered with Temasek to jointly invest in late venture and early growth Agri-Food Companies in the Asia Pacific (APAC) region, through Seviora Capital’s The Future of Food and Farming (the “Seviora T3F”) Strategy. Since August 2023, the Seviora T3F Strategy has raised $173 million. The amount comprises seed capital from Seviora and Temasek, which ensures a strong alignment of interest with all investors, an investment by cornerstone investor Norinchukin Bank, as well as investments from other institutional investors. Seviora Capital expects to raise capital from institutional investors to participate in this commitment to drive transformation in the Agri-Food industry. Invests in compelling, innovative, and high-growth Agri-Food companies The Seviora T3F Strategy invests in compelling, innovative, and high-growth Agri-Food companies in the region that provide sustainable solutions and technologies to meet the challenges posed by massive demographic changes and fast-evolving consumer needs. It looks to identify companies that can help the Agri-Food system accelerate to a more sustainable and resilient future, and one which meets evolving consumption trends. An ecosystem of Agri-Food high growth and start-up companies is emerging rapidly across the region and building momentum. These companies are crucial in developing solutions and technologies that are deployable at scale and can address the challenges and opportunities in the Agri-Food systems both in APAC and around the world. “The Seviora T3F Strategy is a unique investment avenue to gain exposure and benefit from the transformation and high-growth in the Agri-Food sector in the APAC region,” said Jimmy Phoon, CEO at Seviora and Seviora Capital. “Seviora is excited to jointly invest with Temasek, a globally recognised leader in the Agri-Food sector, to capture the potential of this industry. We will be able to access a strong pipeline of investment opportunities through leveraging Temasek’s extensive network and ecosystem, as well as their experience and success in this space.” As Investment Manager, Seviora Capital will build a portfolio of investments from opportunities identified by Temasek, leveraging their extensive investment network, deep knowledge, and strong sourcing capability in the Agri-Food sector. Seviora Capital and Temasek will jointly evaluate these opportunities, capitalise on each other’s complementary strengths, and independently make investment decisions. “The transformation of the Agri-Food sector is critical to decarbonisation while ensuring food security, and meeting the evolving needs of consumers. Through this partnership with Seviora Group, we aim to scale capital and create value by investing in late venture and early growth Agri-Food companies across the APAC region that are at the forefront of innovation, leveraging technology to drive positive and sustainable change across the Agri-Food value chain" said Anuj Maheshwari, Head of Agri-Food at Temasek. Seviora and Temasek view the Agri-Food sector as being at a pivotal inflection point and presenting attractive investment opportunities. Through the Seviora T3F Strategy, Seviora and Temasek aim to capitalise on macro trends shaping the APAC Agri-Food sector and make investments that will drive transformation and positive changes across the Agri-Food value chain: Asia is home to 60% of the world’s population but only 35% of global arable land. Asia will need to produce more with less to feed its growing population. The region is projected to add another 250 million new citizens, equivalent to Indonesia’s population, by 2030 Asia needs more solutions to improve agriculture efficiency, market access and financing for farmers as the agriculture sector in emerging economies is severely fragmented. Over 80% of the region’s food consumption is produced by 450 million smallholder farmers who each work on land plots of less than 2 hectares Asia is currently experiencing a massive shift in food trends as its consumers are becoming more affluent, sophisticated, and demanding. These trends are slated to drive $2.4 trillion of incremental food spend in Asia by 2030. However, it will require $1.5 trillion in upstream investments to meet this forecast Agri-Food is a significant contributor to global emissions, accounting for about 34% of all emissions This dynamic is even more pronounced in some regions in Asia, such as South and Southeast Asia, where it contributes up to 50% of total emissions. Agri-Food is therefore a key consideration when looking to decarbonise Asia In January 2024, under the Seviora T3F Strategy, an investment of $17 million has been made in Country Delight – a subscription-led online food essentials delivery brand in India, that focuses on delivering high quality milk, milk derivatives, and other food essentials direct to consumers. Seviora Capital believes that Country Delight’s tech-enabled platform and strong brand proposition built around quality and trust allows the company to be best positioned to address key customer pain points relating to purity, freshness, and convenience. Over the past decade, Temasek has invested over $8 billion in innovative and scalable farm-to-fork businesses globally, with a growing portfolio of investments in APAC. Seviora Capital believes that the time is right to deploy capital to this key sector in APAC to benefit from the strong growth expected over the next decade. ]]> https://www.agrospectrumasia.com/news/47/1732/vietnams-largest-spices-exporter-phuc-sinh-jsc-receives-investment-from-eu.html https://www.agrospectrumasia.com/news/47/1732/vietnams-largest-spices-exporter-phuc-sinh-jsc-receives-investment-from-eu.html Wed, 17 Jan 2024 11:03:49 +0530 Phúc Sinh JSC is valued at $320 million in global market with 15.1% market share Phúc Sinh JSC has announced that the company successfully sold shares to an investment fund from Europe with an undisclosed amount. Phan Minh Thông, General Director of Phúc Sinh JSC, said the fund would not participate in operating the business but simply provide financial support. This has been the first time the company received foreign investment in 22 years of operation. The deal was completed after 18 months of negotiation. Phuc Sinh, Vietnam’s largest pepper exporter, has been valued at $320 million and will receive funding from a European investor to build two large coffee processing plants. The company holds 8% share of the world pepper market since 2007. Company has signed a deal for the investment from the fund and will help corporation achieve sustainable agriculture and enhance brand recognition, creating a premise for an overseas IPO. The company has coffee plant each in the Central Highlands province of Dak Lak and northern Son La Province with a total capacity of 30,000 tons per year. “In the context of a limited capital market, having an investment with a moderate capital price is very meaningful. We are valued at $320 million. The amount is not too large but not small either, which could help us build two coffee processing factories this year. Phuc Sinh has an annual turnover of around $300 million and over 100 export markets” Thông said. He added that in recent years, many companies wanted to invest in Phúc Sinh. However, they were refused because of not properly evaluating Vietnamese agriculture value, which is very low compared to companies in Thailand, Malaysia, Indonesia, and even the Philippines. “Việt Nam’s agricultural industry is developing strongly and has many opportunities to attract foreign investment. Phúc Sinh Group also wants to raise more capital to develop factories, and also call for additional capital specifically for the K-Coffee coffee chain. However, we only accept financial investment and do not need strategic investors,” he said. Established in 2001, Phúc Sinh Group is one of the leading exporters of pepper, coffee and agricultural products in the country. In the spice industry, the company has been leading since 2007.A recent report from SFV-Export (the project to strengthen export capacity for small and medium enterprises in Việt Nam’s spices, vegetables and fruits industry) showed that Phúc Sinh is the largest exporter of Vietnamese spices to the EU, with 15.1% market share, a sharp increase from 8.4% in 2022. ]]> https://www.agrospectrumasia.com/news/47/1714/thailands-nstda-mhesi-aligns-its-2024-goals-with-the-bio-circular-green-economy-bcg-model.html https://www.agrospectrumasia.com/news/47/1714/thailands-nstda-mhesi-aligns-its-2024-goals-with-the-bio-circular-green-economy-bcg-model.html Fri, 12 Jan 2024 08:35:00 +0530 MHESI introduced the “11 BCG Implementation” policy for 2024; NSTDA's 6.0 policy to drive Core Agri-Business strategies boosting R&D and innovation Thailand's Ministry of Higher Education, Science, Research and Innovation (MHESI): Professor Dr. Sukit Limpijumnong, President of the National Science and Technology Development Agency (NSTDA) – an agency under the Ministry of Higher Education, Science, Research and Innovation (MHESI) along with a team of executives and researchers unveiled the NSTDA’s 2023 performance in driving BCG research to enhance the quality of life of Thai people towards sustainability. MHESI introduced the “11 BCG Implementation” policy for 2024, emphasizing NSTDA’s commitment to utilize science and technology to support various sectors in the national sustainable development mission, aligning with the Bio-Circular-Green economy (BCG) model. Prof. Dr. Sukit Limpijumnong, President of NSTDA, said that the NSTDA’s 6.0 policy has set the vision for NSTDA to function as the national powerhouse in science, technology, and innovation (STI) to strengthen Thailand’s research and innovation ecosystem, aligning with the policy announced by Ms. Supamas Isarabhakdi, MHESI which is “Private sector leads, state supports.” Under the 6.0 policy, NSTDA has mobilized personnel from its various departments to drive the NSTDA Core Business strategy, creating research power to serve society by becoming more proactive in making research and innovation more accessible and reducing bottlenecks in research. Through this strategy, impacts of our research become more evident in society, with positive feedbacks from millions of real users in various sectors. 2023 Research highlights in agriculture, energy and environment The press conference also featured exhibitions highlighting outstanding research work from five national centers. Among these displays are biocontrol products (developed by BIOTEC), which include pest control products, plant disease control products, and weed control products. The research team Standard Operating Procedures (SOPs) for integrated pest management for durian and yard long beans. These SOPs help farmers maintain and manage their agricultural plots while promoting the appropriate and effective use of biological products. SOPs are available in an e-book format on the online media channels of the research team and partners. Training workshops have been organized to introduce SOPs to farmers. A total of 150 farmers have attended these workshops. The HandySense Smart Farm is a precision agriculture system developed by NECTEC. It utilizes sensor technology and an automatic control system to improve plantation management, reduce production costs, and increase the income of farmers by at least 20%. HandySense is an open-source technology and is demonstrated in 200 smart farm learning centers nationwide. M Sense, developed by NANOTEC, is a test kit for measure the level of heavy metal contaminants in herbs and water. At present, three prototypes have been developed: manganese ions (Mn Sense), fluoride (F Sense), and copper (Cu Sense), for field use. The kit is highly sensitive and specific, easy to use, inexpensive, and can be applied in a variety of industries. The results can be determined qualitatively by comparing with a color chart and quantitatively using a portable device called the DuoEye Reader. The accuracy of the kit is consistent with standard laboratory methods, but it is less expensive compared to imported test kits. “EnPAT” is a biobased non-flammable transformer oil made from oil palm developed by ENTEC. It helps prevent fires from electrical transformer explosions, ensuring public safety while opening up opportunities for the high-value oleochemical economy. “Rachel” is a bodysuit designed by MTEC to aid mobility for the elderly. It can be worn all day long, allowing seniors to move freely and reducing the risk of injury from daily activities. This development employed interdisciplinary knowledge in various fields, including materials science (muscle stimulation), biomechanics and anatomy (musculoskeletal movement), and fashion design (comfortable fit). The product is now advancing to commercial production by leading clothing manufacturers in Thailand. In addition, NSTDA is also involved in driving the National Artificial Intelligence Strategy and Action Plan. Thailand’s Government AI Readiness Index ranking improved from 59th to 31st after the launch of the National AI Action Plan. NSTDA is actively engaged in driving the BCG Model at the national level and pilot provinces. Over 600,000 individuals have been trained in BCG skills development program during 2021-2022. Increased proportion of BCG economy has been witnessed in pilot provinces such as Chanthaburi and Ratchaburi. 2024 Goal, driving BCG research, innovation and sustainability In 2024, NSTDA is applying research knowledge and expertise to benefit the country and apply research results to various sectors in accordance with the policy set by MHESI Minister Ms. Supamas Issaraphakdi that emphasized application to benefit the public and private sectors. NSTDA aims to drive 11 BCG Implementation projects with the “1 reduction – 2 additions – 1 creation” strategy to improve the quality of life of Thai people. “1 Reduction” means reducing social disparities. This issue is addressed in three research projects: 1) “Thung Kula Rong Hai” focuses on transferring technologies to farmers and low-income families in Thung Kula Rong Hai area to improve their agricultural products 2) “Traffy Fondue” is a platform application for managing urban problems by connecting citizens with responsible agencies to increase the work efficiency of staff, 3) “Accessibility Information and Communication Platform” provides senior persons and persons with disabilities with access to communication, information and digital services. “2 Additions” means increasing Thai economic growth and improving self-reliance capacity. Two projects aim to boost the economic growth are: 1) “High-value herbal extracts from basil, black ginger, and centella” focuses on the development of an industrial production process for standardized extract to support the food and dietary supplements industry 2) “Functional food and functional ingredients production platform” aims to drive the growth of food industry, focusing on functional food, specialized food, and future food. The project will also enhance an ecosystem to promote functional ingredients industry and improve the competitiveness of the country’s food and cosmeceutical industries. Four research projects aims to support self-reliance, among which, “Animal Vaccine” focuses on testing the efficacy of inactivated ASFV autogenous vaccines prototype and developing the ASFV vaccine production process for domestic production Lastly, “1 creation” means creating sustainability of nature and environment with two research projects: 1) developing indicators and database of CO2, CE, SDG, national life cycle assessment database, and indicators related to sustainable production and consumption and the circular economy; and 2) “Industry 4.0 Platform” focuses on enabling industries to increase production efficiency, reduce resource use, minimize waste, and transition to green manufacturing. ]]> https://www.agrospectrumasia.com/news/47/1552/vietnam-advocates-green-ips-development-to-attract-foreign-investors-in-agri-economy.html https://www.agrospectrumasia.com/news/47/1552/vietnam-advocates-green-ips-development-to-attract-foreign-investors-in-agri-economy.html Mon, 20 Nov 2023 10:49:39 +0530 Vietnam Industrial Parks Forum 2023 plans for green development in the future with the total number of IPs has reached 413 nationwide Vietnam Industrial Parks Forum 2023 on November 16 hears of plans for green development in the future. Vietnam Investment and Trade promotion Center recently reported that, Industrial parks (IPs) are now on the way to ensuring a balance between the economy, society, and the environment for sustainable development and green growth. Concentrated wastewater drainage systems are in place at 267 of the 295 IPs in operation nationwide, or 90.5 per cent. According to Vuong Thi Minh Hieu, Deputy Director of the Economic Zones Management Department at the Ministry of Planning and Investment, who was one of the speakers at the Vietnam Industrial Parks Forum 2023 on November 16, with the theme “Towards Green Growth”, as of the end of October, since the setting up of the first IP, the Tan Thuan Export Processing Zone, in Ho Chi Minh City in 1991, the total number of IPs has reached 413 nationwide, including 369 outside of economic zones, 37 inside coastal economic zones, and seven in border gate economic zones, covering an area of nearly 120,000 ha in total, of which industrial land stood at 87,700 ha. Of the 413 IPs, 295 covering a total area of 92,000 ha, including 63,000 ha of industrial land, have been put into operation. Meanwhile, 118 others are under construction, covering a total area of 37,500 ha, including 24,700 ha of industrial land. The occupation rate at operating IPs is about 73 per cent on average. Under plans for the development of coastal economic zones approved by the Prime Minister, 19 such zones cover a total area of 871,500 ha, including 583,100 ha of land (or 1.75 per cent of the national land area), and 288,400 ha of sea area. Regarding State management over IPs, according to Ms. Hieu, a law on industrial and economic zones will be built to encourage the effective their operations, including favorable conditions for them to compete globally. She said that to achieve the goal of sustainable development it is necessary to be selective in investments and not develop IPs on fertile agricultural land, especially high-yielding rice fields, and in regions where site clearance and compensation would be difficult.  Procedures for securing IP investment licenses have been simplified, she added, with ten regulations from Government Decree No. 82/2018/ND-CP reduced to six under Decree No. 35/2022/ND-CP. Dr. Nguyen Cong Ai, Deputy General Director of KPMG Vietnam, another speaker at the forum, noted the negative impact from the fact that the US and Europe want to reclaim some investment capital flows to ensure independence in their economies, for fear that economic globalization may make their economies unsafe. That, according to Dr. Ai, may negatively impact Vietnam’s FDI flows. In the first nine months of this year, FDI into Vietnam increased 7.7 per cent year-on-year. It is expected that the increase will continue in the final quarter of the year, as investors from Northeastern Asia, like China, Japan, and South Korea, remain among the largest in terms of capital. However, according to Dr. Ai, the US is still expected to pour more investment capital into Vietnam, as a result of the Comprehensive Strategic Partnership established during President Joe Biden’s visit to Vietnam in September. According to a survey conducted by KPMG Vietnam on 200 FDI enterprises, the factors deciding their investment in an IP is location and then human resources and primary infrastructure such as electricity and water supply. The Vietnamese Government should map out a national strategy for FDI attraction, with flexible policies in the context of complex economic and geopolitical developments globally. ]]> https://www.agrospectrumasia.com/news/47/1547/global-coffee-industry-experts-urge-public-private-collaboration-to-invest-in-regenerative-agriculture.html https://www.agrospectrumasia.com/news/47/1547/global-coffee-industry-experts-urge-public-private-collaboration-to-invest-in-regenerative-agriculture.html Fri, 17 Nov 2023 11:06:37 +0530 Leading industry experts discuss in UN headquarters on protecting the future of coffee which may requires $10 billion over the next ten years for the transition  In a round table organised by illycaffè at the UN Headquarters in New York on the occasion of the Ernesto Illy International Coffee Award 2023, was attended by some of the world's leading experts in the sector. Vanusia Nogueira, Executive Director, International Coffee Organization, Andrea Illy, chairman of illycaffè and co-chair of Regenerative Society Foundation, Jeffrey Sachs, economist and co-chair Regenerative Society Foundation, Oscar Schaps, President of the Latin America division of Trading StoneX Financial Inc. and commodity trader, and Glaucio De Castro, President of Federação dos Cafeicultores do Cerrado Mineiro. The situations of coffee producing countries around the world vary, but two common factors loom over the future of coffee production: social development and the need to adapt to climate change. Coffee production has traditionally been a mainstay of agriculture for millions of people living in tropical mountainous areas: about 12.5 million farms, run by small farmers, work on a few hectares of land. Ninety-five per cent of these do not exceed five hectares and 84% have an area of less than two hectares. Coffee producers often have little alternative to growing this product, which creates a considerable dependency for the exports of many countries. However, over the past two decades, low and volatile coffee prices have had a worrying impact on farming communities. According to Coffee Barometer, this is particularly relevant for producers in countries that contribute 15% of global volumes, such as those in Africa and Central America. Now, the remarkable improvements that caffeiculture has nevertheless achieved in recent decades through the process of 'de-commoditisation' - improvements that still have a long way to go before achieving economic, social and environmental sustainability - are at risk of being reversed due to climate change. The direction that emerged from the round table points towards regenerative agriculture, which has proven to be more resilient and to produce both environmental and health benefits, although it requires investments in the order of $10 billion over the next ten years. Therefore, since producer countries do not have sufficient economic-financial capacity, it is necessary to activate private public partnerships that can mobilise international supply chain funds. This is a major challenge, which has already engaged the most important governmental, intergovernmental, non-governmental and private stakeholders for some years now. Economist Jeffrey Sachs. "True economic development aims to transform our society by creating sustainable increases in wellbeing through investments in human capital, physical infrastructure, and business enterprise, all with attention to the preservation of natural capital on which our economy and survival depend. After decades of severe human-induced environmental degradation, we need to transform our economies to the core principles of sustainable development and the regeneration of natural capital. The most basic principle of all is to act for the common good. This means that we must start from cooperation within our communities, our nations, and globally". "Two things are needed for adaptation to climate change: improved agronomic practices and the renewal of plantations with more resistant varieties. Regenerative agriculture seems to provide an answer to the first need, and I hope that this will become a model for the whole caffeiculture. As far as renewal is concerned, we need to speed up considerably,' says Andrea Illy. 'All this requires supply chain investments that cannot be delayed any longer. ]]> https://www.agrospectrumasia.com/news/47/1544/thailands-rise-and-israels-ourcrowd-launch-rocx-exponential-fund.html https://www.agrospectrumasia.com/news/47/1544/thailands-rise-and-israels-ourcrowd-launch-rocx-exponential-fund.html Wed, 15 Nov 2023 11:18:09 +0530 Bangkok’s first Israel-focused VC fund investing in cutting-edge technologies aims to impact industries across ASEAN OurCrowd, a leading global digital investment platform, and RISE, the corporate innovation powerhouse based out of Southeast Asia, has announced the launch of the ROCX (Rise OurCrowd Exponential) Fund. The $50 million fund is Thailand’s first Israel-focused VC fund and will invest in early-stage deep technologies in cybersecurity, AI, HealthTech, semiconductors, quantum computing, ClimateTech, AgTech, FoodTech, and more. Dr. Kid Parchariyanon, Co-founder and CEO of RISE said, “RISE is dedicated to fostering the growth of corporate innovation and global startups by facilitating powerful collaborations with leading corporations across Southeast Asia, creating mutually beneficial partnerships that drive growth and market expansion. This new fund in partnership with OurCrowd will invest in the most cutting-edge deep technologies both Israel and Asia have to offer and put them to work in creating maximum impact and changing lives, from life sciences to agriculture, from artificial intelligence to cybersecurity and beyond.” OurCrowd Founder & CEO Jon Medved said, “The partnership between the ROCX Fund, RISE and OurCrowd will create an unprecedented bridge between Thailand, greater Southeast Asia, and emerging Israeli technologies. OurCrowd is Israel’s most active early-stage investor with a 10-year track record of fostering collaboration between hundreds of portfolio companies around the world with thousands of multinational corporations across dozens of countries. The new joint capacity unleashed by the ROCX Fund has the exponential potential to leverage the innovation from Startup Nation for the benefit of Thailand and the regional ecosystem to generate a double bottom line of GDP growth and social impact across Southeast Asia.” The ROCX Fund, anchored by a major Thai institution and managed by an experienced team of VC experts from both Thailand and Israel, will begin investing by the end of 2024. and the fund plans to deploy tens of millions of dollars over a 2-3 year period into 20-30 companies with a promising track record and the capacity to develop and deploy solutions with proven product-market fit, providing them with the capital to scale up their commercial growth with leading corporations across Southeast Asia. RISE is a leading corporate innovation powerhouse based in Southeast Asia with the mission to raise regional GDP by 1 percent. RISE works closely with Fortune 500 companies, large family businesses, and government agencies across Southeast Asia to set up and scale innovation initiatives through 5 corporate services: Corporate Innovation Consulting, RISE University, SeaX Ventures, and Athena. OurCrowd has grown rapidly into the world’s leading online venture investing platform with $2.2 billion capital deployed into more than 420 portfolio companies and 50 funds in five continents across dozens of major technology sectors. OurCrowd’s award winning FinTech platform leverages artificial intelligence and advanced automation tools to identify world-class startups, empower hundreds of thousands of accredited investors, corporate VCs, and family offices to discover and participate in exclusive investment opportunities, and rapidly realize commercial connections between the portfolio companies and major corporations worldwide, resulting in hundreds of millions of dollars of contract value. ]]> https://www.agrospectrumasia.com/news/47/1531/apac-innovators-and-policymakers-join-the-world-food-forum-2023-to-step-up-actions-for-food-system-transformation.html https://www.agrospectrumasia.com/news/47/1531/apac-innovators-and-policymakers-join-the-world-food-forum-2023-to-step-up-actions-for-food-system-transformation.html Wed, 08 Nov 2023 11:21:42 +0530 The World Food Forum (WFF) is a youth-led movement and network to transform our agrifood systems that is committed to the theme: “Agrifood systems transformation accelerates climate action.” Asia and the Pacific converged at the FAO headquarters in Rome from 16-20 October for the World Food Forum while hundreds more joined the forum virtually to inspire individual and collective actions for agrifood system transformation. The World Food Forum (WFF) is a youth-led movement and network to transform our agrifood systems that is committed to the theme: “Agrifood systems transformation accelerates climate action.” Similar to the global line-up of WFF events, the regional World Food Day ceremony hosted by the FAO Regional Office for Asia and the Pacific on 16 October kicked off a week-long engagement of youth, governments, private sector, academia and other stakeholders from the region at the third annual World Food Forum. Youth voices from Asia-Pacific – loud and clear! The Asia-Pacific region is home to 700 million young people between the age of 15 and 24 who are untapped reservoir of potential to accelerate agrifood system transformation and rural development.   “Youth are powerful,” said FAO Senior Food Safety and Nutrition Officer, Sridhar Dharmapuri, in a keynote address at the WFF Asia-Pacific Youth Assembly. “You must advocate, innovate, and accelerate actions for food security, healthy diets, and nutrition. FAO is here to support youth involvement in agrifood system transformation,” added Dharmapuri.   A satellite event hosted by the FAO Regional Office showcased youth actions to build sustainable food systems. Young people from Asia and the Pacific came together to share how networks created and led by them are making a difference on the ground to improve lives and livelihoods for people of all ages. The event highlighted youth actions like promoting indigenous products of farmers in the foothills of the Himalayas, developing new food products with underutilized crops such as millets and designing educational games to help prevent the spread of African swine fever (AFS). A mobile game application to create awareness on AFS and biosecurity was also exhibited at the WFF in Rome, an example of innovative platforms built by students from the George Maison University of the Republic of Korea with support from FAO’s Emergency Centre for Transboundary Animal Diseases (ECTAD) and the Liaison and Partnership Office in ROK. Food traditions and cultures from Asia added flavour to the WFF in Rome with exhibitions of mountain products from Bhutan and, Nepal’s indigenous crops. Youth dialogues hosted virtually or in hybrid modality by FAO offices in China, Japan, Nepal and the Republic of Korea together with partners, offered a space for young people to share innovative solutions to preserve traditional agricultural knowledge and heritage like Globally Important Agricultural Heritage Systems (GIAHS), promote local food and underutilized crops for healthy diets, and deploy innovative technologies for low-carbon agriculture. This youth-led momentum in the region will continue with the creation of National Chapters, a self-sustained youth platform that echoes the principles of the WFF, thus orchestrating tangible changes in local and national agrifood systems. Science and innovation Examples of successful digital innovations targeting climate impacts within the agrifood system were highlighted at a virtual event hosted by the FAO Regional Office for Asia-Pacific as part of the WFF’s Science and Innovation Forum. The webinar featured leaders and innovators who are driving local solutions to tackle climate change challenges in their countries and promoting inclusive digital solutions for climate action. Novel techniques like the use of drones and air samplers for biosafety and animal welfare were also on display by ECTAD on the sidelines of the Science and Innovation Forum, highlighting the critical role of surveillance to anticipate, detect, prevent, and respond to avian influenza and other endemic disease outbreaks.  Investments and partnerships The Hand-in-Hand Investment Forum convened by FAO during the WFF week, was a platform for countries to attract investments and partnerships for national agriculture and food value chains. Six countries from Asia and the Pacific - Bangladesh, Bhutan, Cambodia, Lao People’s Democratic Republic, Pakistan, and Vanuatu joined the second edition of the HIH Investment Forum in Rome. Ministers and representatives from these countries presented their investment plans to investors, multilateral development banks, the private sector, and donors, seeking support for Government plans to reduce poverty and hunger. ]]> https://www.agrospectrumasia.com/news/47/1432/trimble-and-agco-embarks-joint-venture-to-thrive-into-mixed-fleet-precision-agriculture-globally.html https://www.agrospectrumasia.com/news/47/1432/trimble-and-agco-embarks-joint-venture-to-thrive-into-mixed-fleet-precision-agriculture-globally.html Wed, 04 Oct 2023 10:14:29 +0530 Joint Venture to Accelerate Innovation in Factory-Fit and Aftermarket Solutions to Benefit Farmers Across the Globe Trimble announced today a definitive agreement to form a joint venture (JV) with AGCO to better serve farmers with factory fit and aftermarket applications in the mixed fleet precision agriculture market. Trimble and AGCO's shared vision is to create a global leader in mixed fleet smart farming and autonomy solutions.  In aggregate, Trimble expects approximately $3 billion in value from the transaction from pre-tax cash proceeds, Trimble's 15 percent stake in the joint venture, and the related commercial agreements. Under the terms of the JV, Trimble will contribute its precision agriculture business (Trimble Ag) excluding certain Global Navigation Satellite System (GNSS) and guidance technologies and AGCO will contribute its JCA Technologies business, which is a leader in the development of autonomous software for agricultural machines, implement controls and electronic system components. Trimble will receive $2 billion in pre-tax cash proceeds plus a 15% stake in the JV. In addition, the parties will enter into (i) a long-term Supply Agreement through which Trimble will provide the JV with key GNSS and guidance technologies (Supply Agreement), (ii) a Technology Transfer and License Agreement (TTLA) to govern the licensing of Trimble trademarks and technology for use by the JV after the expiration of the Supply Agreement and (iii) a Positioning Services Agreement through which the JV will serve as a channel partner to Trimble for its positioning services in the agriculture market. Following completion of the transaction, Trimble will continue to deliver its differentiated technologies at the intersection of the physical and digital worlds across its core businesses. The transaction is expected to result in significant benefits to Trimble, including "Connect and Scale Strategies" such as 'Streamlines portfolio and increases focus on priority growth areas', 'Reduces exposure to hardware-centric agriculture market while retaining highly recurring revenue Positioning Services business' and 'Retains core GNSS IP and will continue to innovate and offer across served markets, including the JV". Further, it will enhances Financial Profile and Flexibility and De-risks Trimble's Channel Transition in the Agriculture Market. ]]> https://www.agrospectrumasia.com/news/47/1364/idh-and-the-government-of-mato-grosso-renew-partnership-for-investments-in-the-state.html https://www.agrospectrumasia.com/news/47/1364/idh-and-the-government-of-mato-grosso-renew-partnership-for-investments-in-the-state.html Mon, 18 Sep 2023 06:45:56 +0530 The Chief of Staff of the Mato Grosso State (Civil House), Fábio Garcia, and the executive director of IDH Brazil, Daniela Mariuzzo, signed the renewal of the Memorandum of Understanding in Cuiabá, which consolidates the commitment to support and direct investments in the PCI (Produce, Conserve and Include) Strategy and Institute in Mato Grosso. The partnership between the state government and IDH was formalised in 2016, when the PCI Strategy became public policy. The initiative to achieve the Production, Conservation and Inclusion targets was launched at the Global Climate Conference (COP 21) in Paris. The governance which was developed from the Strategy became robust and resulted in the creation of the PCI Institute, a private, non-profit organisation able to raise and manage public and private funds to implement sustainability measures in the field. Since 2016, IDH has invested more than 10 million euros in Mato Grosso, including the Strategy, the PCI Institute, three Regional Compacts and programmes co-financed with the private sector, as well as supporting the State Secretariat for the Environment in implementing the Forest Code. New executive director of the PCI Institute, Richard Smith, highlighted some of Mato Grosso’s achievements as a result of the implementation of the PCI Strategy. He mentioned, for instance, the funding from the REDD+ (Reducing Emissions from Deforestation and Forest Degradation) mechanism and the World Bank’s loan to the Mato Grosso government, which considered the PCI Strategy as a counterpart environmental guarantee. From now on, our priority will be to reassure investors that the PCI Institute meets all the requirements for managing and investing resources. ]]> https://www.agrospectrumasia.com/news/47/1256/chinese-business-tycoon-jack-ma-invests-in-fishery-and-agri-startup.html https://www.agrospectrumasia.com/news/47/1256/chinese-business-tycoon-jack-ma-invests-in-fishery-and-agri-startup.html Wed, 02 Aug 2023 11:32:25 +0530 The startup, based in Hangzhou, Zhejiang province, has a registered capital of 110 million yuan ($15 million) and is involved in the processing, wholesale, and retail sales of agricultural products According to recent reports, Jack Ma, the founder of Alibaba and a Chinese billionaire, has invested in a startup called 1.8 Meters Marine Technology (Zhejiang) Co in China, which is a fishery and agriculture startup. The startup, based in Hangzhou, Zhejiang province, has a registered capital of 110 million yuan ($15 million) and is involved in the processing, wholesale, and retail sales of agriculture products, as well as the development of offshore wind power systems. Simon Hu, a former chief executive of Ant Group, also owns a 5.5 per cent stake in the startup. The controlling shareholder is Hong Kong-based 1.8 Meters Technology Holding Ltd, which holds an 80 per cent stake.  It is noteworthy that Ma has shown a keen interest in the agriculture and food sector since his retirement from Alibaba, and he has recently travelled internationally to learn about sustainable food production. He has even accepted an invitation to teach as a visiting professor at the University of Tokyo, where he will give lectures on management and sustainable agriculture. His research area will focus on sustainable agriculture and food production. ]]> https://www.agrospectrumasia.com/news/47/1180/crdcs-plan-to-deliver-1b-in-value-to-australian-cotton.html https://www.agrospectrumasia.com/news/47/1180/crdcs-plan-to-deliver-1b-in-value-to-australian-cotton.html Fri, 14 Jul 2023 09:25:29 +0530 Over the next five years, CRDC aim to deliver $1 billion in additional value to the Australian cotton industry through RD&E.  Once every five years, CRDC creates a new Strategic Plan. and the new plan Clever Cotton has been just launched.  Clever Cotton sets out CRDC vision for a sophisticated, prosperous and sustainable Australian cotton industry that is strongly connected to its value chain. It's the roadmap that guides all of CRDC's research, development and extension (RD&E) investments from 2023 to 2028.  Over the next five years, CRDC aim to deliver $1 billion in additional value to the Australian cotton industry through RD&E.  CRDC's goals primarily have investment approach, and most importantly, planned impact for the next five years. In 2023-24, the first year of the plan, cotton growers and the Australian government will co-invest $25.3 million into Clever Cotton via CRDC, in collaboration with our research partners. Over the life of the plan, we intend to invest $125 million. Clever Cotton is built around three pillars - Paddock, People and Planet - and nine investment areas.  ]]> https://www.agrospectrumasia.com/news/47/1086/cefc-and-cdpq-announce-strategic-partnership-on-agricultural-land-in-australia.html https://www.agrospectrumasia.com/news/47/1086/cefc-and-cdpq-announce-strategic-partnership-on-agricultural-land-in-australia.html Thu, 22 Jun 2023 08:35:46 +0530 The platform will invest an initial amount of AUD 200 million (CAD 178 million) over the next three years The Clean Energy Finance Corporation (CEFC), an Australian government-owned green bank, and CDPQ, a global investment group, announced the launch of a strategic partnership focused on agricultural land in Australia, with a first acquisition of a farm dedicated to row crops located in New South Wales. The new platform will invest an initial amount of AUD 200 million (CAD 178 million) over the next three years to acquire assets that will be managed by Gunn Agri Partners, a leading Australian farmland manager, of which CDPQ and the CEFC will become minority shareholders. Gunn Agri Partners was established by a team of agricultural and investment industry professionals combining decades of hands-on experience in institutional farm ownership and management. The firm adopts an industry-leading sustainability approach to agricultural asset management that allows it to establish a scalable and specialised operational team in the local communities where the assets are located. Through this partnership, Gunn Agri Partners will be well-positioned to build on its position in the Australian market. The first asset acquired covers 1,200 hectares of arable crops and areas suitable for grazing and conservation. Weather conditions in the area allow for a range of summer and winter cropping options—including cereals, oilseeds, pulses and dryland cotton. “This CDPQ investment is a welcome addition to the Australian market, to demonstrate the potential for institutional capital to drive the decarbonisation of agriculture. We believe there is enormous untapped potential for new investment in a sustainable future for agriculture as part of a net zero economy,” said Heechung Sung, Head of Natural Capital at the CEFC. “By facilitating the flow of much-needed capital into the sector, our work with CDPQ supports the decarbonisation efforts of farmers while boosting productivity and enabling them to remain competitive globally. The platform will showcase market-leading sustainable land practices to farmers across multiple production and climate regions, offering a pathway to reduce their carbon footprint.” “Through this partnership as part of our Sustainable Land Management strategy, we are reaffirming our commitment to investing alongside organizations that are truly moving the needle on sustainability in the agricultural sector by contributing to its decarbonisation,” said Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure at CDPQ. “The CEFC and CDPQ’s experience—combined with Gunn Agri Partners’ recognized expertise as a land operator—will enable us to aggregate and manage farmland in the attractive Australian market, in line with regenerative agriculture practices.”  “The DNA of our business is to be completely investor-aligned, to capture timely opportunities and to develop and operate assets with sustainability as a fundamental part of our management. I am very proud that is exactly what we have delivered. Gunn Agri Partners was established in 2013 and has over 2.5 million acres of grazing pastures and forests in Northern Australia and is on track to deliver target returns,” said Bill Gunn, Founding Chairman of Gunn Agri Partners. “Our second strategy, focused on row crops is fully deployed and has recorded above target returns to date. Our permanent crop strategy is fully deployed and has received follow-on investments.” ]]> https://www.agrospectrumasia.com/news/47/992/yili-opens-a-new-lactoferrin-factory-in-new-zealand.html https://www.agrospectrumasia.com/news/47/992/yili-opens-a-new-lactoferrin-factory-in-new-zealand.html Tue, 30 May 2023 10:30:00 +0530 Chinese dairy giant Yili subsidiary Westland Milk Products lays foundation for the new factory in Hokitika to establish itself as the world's valued bioactive ingredients producer. On May 23, Yili subsidiary Westland Milk Products held a ceremony for the construction of its NZ$70 million ($42.58 million) lactoferrin factory in Hokitika, New Zealand. The investment will enable Yili to rank among the top three global companies in the lactoferrin category with a market share of approximately 10 percent.  The ceremony was attended by New Zealand Minister for Trade, Exports and Agriculture and Tasmania West Coast MP Damien O'Connor; the Director General of the Department of Primary Industry, Ray Smith ; the Chinese Ambassador to New Zealand Wang Xiao Long ; and Chinese Consul General in Christchurch , He Ying. Lactoferrin is a versatile natural protein, that offers immune system benefits as well as antibacterial and antioxidant effects. Its widely used in food, pharmaceuticals, and other industries on global markets. The company has invested significant resources in research and development to address the challenges of lactoferrin extraction. In order to improve the quality of protein components and increase extraction efficiency, Yili developed its own alignable lactoferrin extraction technology. As part of its long-term strategic plan, Yili has worked to overcome key technological barriers, increase the company's global reach, and improve its long-term profitability. Yili Westland's director, Zhiqiang Li emphasized on the significance of the global market advantage that both Westland and Yili would gain from Yili's investment in the new lactoferrin factory. "The launch of the Lactoferrin program will secure Westland's position as one of the world's leading manufacturers of valued bioactive ingredients. The investment also signals Yili's commitment to high-quality bioactive ingredients takes over milk ingredients" said Director Zhiqiang Li. "We were one of the first companies to bring this highly specialized protein ingredient to market, and over the past 20 years we've built a reputation for producing exceptional products. Our pipeline of innovation in bioactive ingredients is extensively progressed and we are pleased that we are one step closer to commercializing these concepts" said Richard Wyeth , CEO of Westland. ]]> https://www.agrospectrumasia.com/news/47/993/tecnicas-reunidas-to-develop-worlds-first-zero-emission-nitrogen-fertiliser-plant.html https://www.agrospectrumasia.com/news/47/993/tecnicas-reunidas-to-develop-worlds-first-zero-emission-nitrogen-fertiliser-plant.html Mon, 29 May 2023 09:46:57 +0530 New plant to establish in USA with approx. $1 billion investment using proprietary technology that utilizes only air, water, and zero-carbon electricity as raw materials. Técnicas Reunidas has signed a contract with the green fertilizer company, Atlas Agro, for the development of a zero-carbon fertilizer plant, Pacific Green Fertilizer (PGF), in Richland, Washington, US. The plant will be the first of a series that Atlas Agro plans to build in multiple regions across the world. The estimated total investment is close to $1 billion. The nitrogen fertilizer plant will use proprietary technology for the main process units and will be one of the world’s first full scale zero-carbon nitrogen plant, using only air, water and zero-carbon electricity as raw materials.  Técnicas Reunidas will start the execution of the plant through an EPC contract. It will have the capacity to produce 650 000 tpy of calcium ammonium nitrate and will be composed of the following main units: ammonia, nitric acid, ammonium nitrate, calcium ammonium nitrate, calcium nitrate, electrolyzers and air separation. Atlas Agro is building a series of plants to provide the farmers with truly sustainable zero-carbon nitrogen fertilizer, made locally. Atlas Agro’s fertilizers not only improve crop yield and quality and help farmers care for their land and reduce their environmental impact, but also earns farmers premiums for their crops thereby increasing their incomes.  The Spanish company Técnicas Reunidas dominates in the sector internationally, with a presence in 25 countries and a track record of more than 1,000 industrial plants throughout its 60 years of experience. Técnicas Reunidas’ is mainly focused on the development of engineering projects, design and construction of industrial plants for the production of clean fuels, natural gas and chemical products, and solutions linked to the energy transition, circular economy and decarbonization (renewable hydrogen, biofuels, waste recovery, CO2 capture and storage, etc.). ]]> https://www.agrospectrumasia.com/news/47/980/philipines-ptri-to-establish-more-bamboo-textile-fiber-innovation-hubs.html https://www.agrospectrumasia.com/news/47/980/philipines-ptri-to-establish-more-bamboo-textile-fiber-innovation-hubs.html Thu, 25 May 2023 12:09:00 +0530 Aims to establish Three more Bamboo Textile Fiber Innovation Hubs (BTFIHs) by the end of 2024 The Philippine Textile Research Institute (PTRI) plans to establish at least three more Bamboo Textile Fiber Innovation Hubs (BTFIHs) in Abra, Bukidnon, and Pangasinan provinces by the end of 2024, adding to its current three hubs. Bamboo fibers can be used for clothing and home textiles. Nonwovens could be used for shoes, bags, and acoustic insulation, among other things. BTFIH facilitates the processing of bamboo into raw bamboo textile fibers (BTF), which can be processed into textiles. The hub is also funded by the Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development through the project, "Field Verification of the Bamboo Textile Material Production and Treatment Technology". PTRI officer Julius Leao has said that the PTRI is expected to be launched in Lagangilang, Abra this year. By 2024, PTRI will establish a BTFIH in Maramag, Bukidnon and another in Pangasinan. The latest was launched in Maragondon, Cavite on May 3, while the first two are located in Naguilian, La Union and Cauayan, Isabela. Bamboo has at least 35 % textile fiber recovery compared to other fiber sources, with a recovery rate of only 2%. In addition to being abundant and robust throughout the Philippines, it is a sustainable textile fiber source. A raw bamboo textile fiber (BTF) can be processed into a textile by BTFIH. For more extensive deployment, the technologies can also be fabricated locally, making them simple, deployable, and scalable. The raw BTF is priced at about PHP250 per kg., compared to about PHP10 per kg. of bamboo, he said, adding that the BTFIH would enable more material transformation and value addition. According to PTRI, BTFIH Cavite would ensure that bamboo textile fibers would be available for subsequent textile manufacturing processes. The PTRI will use these fibers to spin yarns that will be available for use by the weavers of Maragondon, Cavite. ]]> https://www.agrospectrumasia.com/news/47/964/fao-emphasizes-on-asia-pacific-aquaculture-sustainably-with-innovation.html https://www.agrospectrumasia.com/news/47/964/fao-emphasizes-on-asia-pacific-aquaculture-sustainably-with-innovation.html Mon, 22 May 2023 09:54:56 +0530 FAO emphasized critical themes for aquaculture, including production methods, social issues and planetary health, nutrition, genetic resources, biosecurity, governance, and inclusive market access. Asia accounts for more than 90 percent of global aquatic animal production. 126 million tonnes of live weight aquaculture production, including aquatic animals and algae, were produced in 2021, about half of which were farmed finfish. There was an estimated farmgate value of $296.5 billion for the output. In contrary, Americas, Europe and Africa combined account for 8.2 percent. Currently, more than 700 species are cultured around the world, but just 12 species account for about half of global production. FAO emphasizes the sector now needs an updated set of governing principles that ensure it expands and intensifies, embracing modern technologies, while being environmentally and socially responsible, economically viable, and meeting the needs of present and future generations in a sustainable manner. In a recent development, FAO emphasized critical themes for aquaculture, including production methods, social issues and planetary health, nutrition, genetic resources, biosecurity, governance, and inclusive market access. Identifying the concerns, FAO shared certain recommendations to trigger sustainable aquaculture are; In the future, aquaculture should be climate smart, while we use the ocean to supply food more effectively, efficiently, and intelligently. A key aspect of this will be to emphasize integrated growth in low trophic level culture species (such as seaweed and filter-feeding bivalve molluscs and finfish). Africa, Latin America, and Small Island Developing States must be encouraged to develop aquaculture, which is predominantly practiced in Asia.  The use of marine-sourced ingredients has decreased and feed efficiency has improved, but more innovation is needed, especially for many species being farmed in developing countries. In contrast to terrestrial agriculture, selective breeding programmes to develop more efficient farmed types of aquatic species are heavily underutilized, currently accounting for only around 15 percent of production. Biosecurity should be enhanced and take a more proactive approach through improved disease-alerting systems, integrated data and regulatory frameworks that reduce the risk of the spread of aquatic epidemic diseases. Digital and electronic technologies can be harnessed to improve food safety concerns and certification protocols, such as traceability system, e-commerce, as well as broadening market access. There is a need for many countries to develop and implement supportive, dedicated legislation, through a lead agency, to coordinate regulations that promote sustainable development whilst ensuring public well-being without overly constraining aquaculture systems' capacity to cope with environmental and social challenges. Having become a major food and economic industry, aquaculture now needs to take on a proactive role in integrating social responsibility and well-being perspectives at all levels, including workers. Sustainability and decent work standards certification are downstream demands, yet the burden of compliance falls disproportionately on producers, especially small-scale aquaculture operators. Mechanisms to redistribute costs and benefits equitably between producers and retailers should be sought and implemented. ]]> https://www.agrospectrumasia.com/news/47/944/yara-growth-ventures-invests-in-ecorobotix-to-provide-sustainable-solutions-for-agriculture.html https://www.agrospectrumasia.com/news/47/944/yara-growth-ventures-invests-in-ecorobotix-to-provide-sustainable-solutions-for-agriculture.html Tue, 16 May 2023 12:35:30 +0530 This investment strengthens the portfolio of Yara Growth Ventures in smart farming equipment, for improved sustainability in agriculture. Oslo based Yara Growth Ventures invests in Ecorobotix, who develops smart, innovative, and sustainable solutions for agriculture. Their ARA smart spraying system allows for a reduction of chemical crop inputs like herbicides by 70-95 per cent. Such drastic savings significantly benefit growers by reducing input costs, whilst improving the environmental footprint of modern farming. The Switzerland based scale-up company was founded in 2011 by Aurelien Demaurex and Steve Tanner. The current USD 52 million (CHF 46 million) funding round is jointly led by AQTON Private Equity GmbH and Cibus Capital LLP with additional contributions from both existing and new investors including Yara Growth Ventures. The investment will accelerate Ecorobotix’s geographic expansion and enable new product development. “We are observing a lot of innovation in smart agricultural machinery, but Ecorobotix truly stands out.” said Björn Heinz of the Yara Growth Ventures team and further adds “It is not only their ARA system’s amazing capabilities that take precision farming to a new level. We are also truly impressed by the team’s capabilities and their operational excellence to deliver impressive growth in the market.” “We are proud to be working with investors who clearly see the environmental benefits of our ultra-high precision technology,” said Ecorobotix CEO Simon Aspinall. “With these new investments we will deliver ARA to more farmers, in more markets, increasing agricultural productivity while protecting the environment and reducing CO2 impact.” ]]> https://www.agrospectrumasia.com/news/47/935/china-emphasizes-investment-and-development-in-agricultural-technology.html https://www.agrospectrumasia.com/news/47/935/china-emphasizes-investment-and-development-in-agricultural-technology.html Mon, 15 May 2023 09:51:43 +0530 Finds pooling resources for technological innovation, cultivate talent, and coordinate production, education, and research essential China is retrospecting its efforts to boost self-reliance and accelerate breakthroughs in agricultural technology to ensure National food security. In an inspection tour of east China's Jiangsu Province, Chinese Vice Premier Liu Guozhong said that Agricultural technologies need to meet the diversified demand for development across all agricultural sectors. Liu stressed that technological innovation plays a critical role in agricultural modernization, and the country must take steps to remove bottlenecks in agricultural technology development. According to Liu, the country should pool resources for technological innovation, cultivate talent, and coordinate production, education, and research. The development of agricultural technology must be industry-oriented and help ensure the adequate supply of grain and major farm products, said the vice premier. During his tour, Liu was briefed on the growth of winter wheat and called for solid efforts to secure a bumper summer harvest. ]]> https://www.agrospectrumasia.com/news/47/890/japans-jica-partners-with-cambodia-to-improve-irrigation-facility.html https://www.agrospectrumasia.com/news/47/890/japans-jica-partners-with-cambodia-to-improve-irrigation-facility.html Thu, 04 May 2023 11:41:39 +0530 JICA to provide Japanese ODA loan of up to 2,482 million yen for the Cambodia's Southwest Phnom Penh Irrigation and Drainage Rehabilitation and Improvement Project The Japan International Cooperation Agency (JICA) has signed a loan agreement with the Royal Government of Cambodia in Phnom Penh, the capital city of Cambodia, to provide a Japanese ODA loan of up to 2,482 million yen for the Southwest Phnom Penh Irrigation and Drainage Rehabilitation and Improvement Project (II). Planned Implementation Schedule (1) of the project is to be completed and operational in February 2026. The objective of the project is to increase the productivity of agriculture in the impoverished region comprising Kampong Speu province, Takeo province, and Kandal province, mostly located southwest of Phnom Penh, by improving irrigation and drainage facilities. In doing so, the project will increase farmers’ incomes as well as help the region recover from COVID-19, thereby contributing to the achievement of SDGs (Sustainable Development Goals) Goals 1 (No poverty) and 2 (Zero hunger). A major goal of this project was to improve agricultural productivity in Southwest Phnom Penh by repairing and constructing irrigation facilities, thereby improving the livelihoods of agricultural workers in the area. Phase I of the Project was signed in July 2014 (total project cost 6,772 million yen, Japanese ODA loan 5,606 million yen) and is already been provided, and the current yen loan will cover the second term. The government of Cambodia has set promoting agriculture and agricultural villages as one target in its 4th Rectangular Strategy (2018 to 2023) and National Strategic Development Plan (2019 to 2023), aiming to invest in agricultural productivity improvement and irrigation systems. In response to the continued focus on irrigation in government policy, the Government of Cambodia requested an additional loan (this Loan) from the Government of Japan. An important goal of the National Strategic Development Plan (2009-2013) is to improve agricultural productivity in order to eradicate poverty and achieve sustainable economic growth. Through repair and construction of irrigation facilities, the plan aims to improve agricultural productivity and expand irrigation areas. In September 2012, the Cambodian government requested the Government of Japan to fund the Southwest Phnom Penh Irrigation and Drainage Rehabilitation and Improvement Project (the Project). In the Kingdom of Cambodia, agriculture accounts for 22.8% of GDP and 35% of the employed population (World Bank, 2022), and it is the primary means of earning a living in rural and agricultural areas. Cambodia uses rainwater for cultivation. As of 2011, irrigation water is used in 30% of rice paddies in Cambodia during the rainy season and only 9% during the dry season (MOWRAM, 2012), presenting a challenge for increasing productivity. Many of the existing irrigation facilities were constructed by the Pol Pot regime (1975 to 1978). Rainwater is required to operate many of them due to design and construction issues, as well as degradation. Repairs and improvements are urgently needed to irrigation facilities. ]]> https://www.agrospectrumasia.com/news/47/888/asia-africa-us-promotes-visionary-framework-for-south-south-cooperation.html https://www.agrospectrumasia.com/news/47/888/asia-africa-us-promotes-visionary-framework-for-south-south-cooperation.html Thu, 04 May 2023 09:00:00 +0530 Ministerial-level multinational inter-regional roundtable agreed on many important contents to promote the food and food system through South-South cooperation Agriculture and Food Ministers from Vietnam, Cambodia, Ethiopia, Ghana, Malawi, Rwanda and St. Vincent and the Grenadines joined the Ministerial Roundtable to Promote Sustainable Investment and Innovation, digital transformation, opportunities for gender mainstreaming in the food and food system through South-South cooperation. South-South cooperation is a form of cooperation to promote effective development through learning and sharing experiences, practices, and technologies among developing countries. The international community agrees that South-South cooperation plays a crucial role in the global partnership for development in general and for the achievement of the Millennium Development Goals. South-South cooperation provides specific solutions to common global development challenges; share best practices, finance pilot projects, provide funding for scaling up successful projects, deliver public sector goods, and develop and adopt appropriate technologies turmeric. Over the past few years, Vietnam has actively strengthened and expanded bilateral and multilateral cooperation with developing countries, especially countries in Asia, Africa, Latin America and the Caribbean. Vietnam has close cooperation ties with many African countries in areas such as agriculture, poverty reduction, food security, and environmental protection. The majority of Vietnam's partnerships with these countries involve experience sharing and knowledge transfer, especially through the sending of experts to train and transfer technology. Additionally, Vietnam has promoted bilateral cooperation with Angola, Mozambique, Egypt, Libya in rice export, rubber tree development, coffee, cashew, vegetables, and aquaculture. Vietnam's Minister Le Minh Hoan said "Ministry of Agriculture and Rural Development responded to the World Economic Forum initiative and established the Food Innovation Network (FIH) for the East region. South Asia in Vietnam within the framework of the Vietnam Sustainable Agriculture Partnership (PSAV) - a highly successful Public Private Partnership initiative between MARD and more than 130 partners from various regions in the region. agricultural industry". Furthur, within the framework of FIH and PSAV, many innovative programs, initiatives and projects in the field of LTTP have been successfully implemented and have the potential to be further replicated such as the coffee chain linkage model; initiative to apply drone technology in the use and management of pesticides; low emission rice production model; building and transferring technology of cold storage of agricultural products associated with raw material areas for export… Vietnam is always ready to cooperate and share. As Minister Le Minh Hoan expressed, the presence of ministers from many Asian, African and Latin American nations, as well as representatives of many countries and donor organizations, will provide a great opportunity for us to exchange, share experiences, and develop technical assistance projects, toward building a world free of poverty, protecting and developing the green planet together. The event was organized by the Ministry of Agriculture and Rural Development, Grow Asia and the Food Action Alliance (FAA) on the sidelines of the 4th Global Conference on Sustainable Food Systems Program. ]]> https://www.agrospectrumasia.com/news/47/876/chinese-vice-premier-calls-for-deepening-china-asean-agricultural-cooperation.html https://www.agrospectrumasia.com/news/47/876/chinese-vice-premier-calls-for-deepening-china-asean-agricultural-cooperation.html Tue, 02 May 2023 09:06:39 +0530 Chinese vice premier extends cooperation with ASEAN members on green agriculture, smart agriculture, digital agriculture, and poverty relief and rural revitalization A new level of cooperation on agricultural development and food security will be achieved through collaboration with the Association of Southeast Asian Nations (ASEAN), announced the Chinese Vice Premier Liu Guozhong. Following the event, Li said, "China is eager to deepen cooperation with ASEAN members on green agriculture, smart agriculture, digital agriculture, and poverty relief and rural revitalization," Bilateral cooperation is expected to improve agricultural development resilience and sustainability and to ensure food security in an improved manner. Liu called on the two sides to advance the China-ASEAN comprehensive strategic partnership and help achieve the goals of the United Nations' 2030 Agenda for Sustainable Development. At the opening ceremony of the ASEAN-China Year of Agricultural Development and Food Security Cooperation in Beijing, Liu, also a member of the Communist Party of China Central Committee, made the remarks, stating that the event is an important step towards implementing the consensus on deepening cooperation. Liu iterated that "Agriculture and food security are the bases for the achievement of peace, stability, and development, and they are key areas of cooperation between China and the Association of Southeast Asian Nations (ASEAN), bringing great significance to the yearlong event" Taking the ASEAN-China Year of Agricultural Development and Food Security Cooperation as a new starting point, Liu said "China is ready to work hand in hand with ASEAN countries to deepen cooperation, strengthen policy communication and coordination, improve the opening level of agricultural markets, promote personnel exchanges at all levels and in all fields, and promote cooperation on agricultural development and food security to a new level". "It is conducive to jointly safeguarding global food security, coping with agricultural risks and challenges, and promoting high-quality agricultural development," he added. ]]> https://www.agrospectrumasia.com/news/47/854/vietnamese-shrimp-tech-platform-tepbac-receives-funding-to-digitise-shrimp-farming.html https://www.agrospectrumasia.com/news/47/854/vietnamese-shrimp-tech-platform-tepbac-receives-funding-to-digitise-shrimp-farming.html Thu, 27 Apr 2023 11:34:59 +0530  Tepbac will use funding to  scale its suite of technologies – known to reduce risk, simplify farming operations, and save costs – enabling better farming decision-making and quality of life. Founded by Phong Tran, whose family has farmed shrimp for over 25 years, Tepbac began as a media company and has grown into one of the leading aquaculture news websites globally. Now, with investment from the Netherlands-based global aquaculture investment fund Aqua-Spark*, global agrifoodtech VC AgFunder, and Vietnam-focused VC fund Son Tech Investment, the company is focused on digitising shrimp farming. Its mission is to help shrimp farmers improve performance, resulting in a better quality of life. Its primary innovation is Envisor, a remote water cleaning and monitoring device, which keeps track of water conditions such as pH, oxygen, temperature, and salinity. Phong also built the framework for the Farmext mobile app, which provides farmers with software and hardware to help automate farming operations. "I started Tepbac to help shrimp farmers, first in Vietnam, and later around the world," says Lam Nguyen, co-founder of Tepbac. "With better tools, increased production, and improved quality, we can develop a more sustainable global aquaculture industry. The support of these investors signals the strength of our model and an important shift in the industry." Shrimp farmers in Vietnam using Tepbac's Farmext mobile app Farmext provides farmers with software and hardware to help automate farming operations Vietnam is one of the world's largest shrimp production countries with a country wide goal of tripling production. Yet, Vietnamese farmers struggle with growing environmental and sustainability challenges. With its product readiness, existing media brand, and strong relationships with farmers in Vietnam, Tepbac is well-positioned to address these issues across the shrimp value chain through better data and digitisation. To date, Tepbac is serving 1,500 farms, with its clientele ranging from small and large-scale farmers, to shrimp processing plants and the government. With this infusion of funding, Tepbac will scale its suite of technologies – known to reduce risk, simplify farming operations, and save costs – enabling better farming decision-making and quality of life. Already, Tepbac has proven valuable for farmers by reducing costs by 20 percent and increasing profits by 30 percent. A Farmext cabinet installed on a shrimp farm in Vietnam Tepbac's innovative technologies help shrimp farmers improve performance, reduce costs and increase profits "Tepbac's platform captured our attention because it has incredible potential to improve market access for small farmers and enable more sustainable practices, all while growing and protecting one of the largest shrimp markets in the world," explained Lissy Smit, CEO of Aqua-Spark, in a press release. Angela Tay, senior investment associate at AgFunder Asia, continued: "Tepbac's unique platform – its media assets, e-commerce platform, and comprehensive suite of software and IoT devices – positions them to become the leader in a blue ocean market.” Tung Tran, investment manager at Son Tech, added: "Together with Aqua-Spark and AgFunder, Son Tech hopes to support Tepbac in their journey to truly transform aquaculture end-to-end. This, if executed correctly, can generate rippling benefits across the whole industry – to name a few: train more agri-tech talents, create the first agri-infrastructure and platform, and set a powerful example of executing an agri-playbook.” ]]> https://www.agrospectrumasia.com/news/47/843/cargill-invests-50-m-to-upgrade-oilseed-crushing-facilities-in-australia.html https://www.agrospectrumasia.com/news/47/843/cargill-invests-50-m-to-upgrade-oilseed-crushing-facilities-in-australia.html Thu, 27 Apr 2023 08:02:00 +0530 Expands crush capacity to strengthen Australian canola and cottonseed oil industry to further export to exported to China, Vietnam, and New Zealand. Cargill, a global food corporation has invested $50 million (A$73m) to upgrade and expand its Newcastle, Narrabri, and Footscray oilseed crushing facilities. Investing in canola and cottonseed products will help Cargill meet the growing demand. In addition, it will open up global markets for Australian farmers. Canola oil is exported to China, Vietnam, and New Zealand. The use of Australian canola in food products, biodiesel, and as a feedstock is in high demand around the world. Increasing canola production has prompted Cargill to expand its crush capacity and increase production of canola oil and meal, as well as cottonseed oil and meal. Cargill is a key supplier of high-grade canola oil to Australia and Asia. The project includes upgrading and restarting Cargill's Narrabri plant, which has been modified into a cottonseed dehulling facility. In addition to providing feedstock for domestic markets, Narrabri hulls will also be used to process cottonseed meat into oil and meal in Newcastle. The Cargill plant in Newcastle, New South Wales, is also being upgraded to crush cotton seed alongside canola seed. This will significantly increase the plant's crushing capacity. Additionally, the plant upgraded its oil seed processing equipment to meet increased demand for cottonseed meals. It also improved its transport efficiency and farmer delivery experience. Cargill's Footscray plant will also see an increase in canola crushing capacity with upgrades to processing equipment. In addition, it will see modifications to improve logistics and customer service. "Cargill connects farmers and customers to the food and ingredients they need. This investment in increasing our crushing capacity will help Cargill better serve the growing demand for canola and cottonseed products from customers in Australia and across Asia. It will also connect Australian farmers to international markets, creating more demand for locally grown canola," said Zsolt Kocza, Managing Director of Cargill in Australia. Since 1967, Cargill has been investing and growing in the Australian agriculture and food industry. In addition to cotton seed hulls and oil, Cargill expects to supply new domestic customers with this investment across its three facilities. Cargill markets Australian grain and oilseeds to the food processing, animal feed, and meat industries in addition to our crushing plants. Cargill Australia processes canola at its crush plants in Australia to produce protein meal and vegetable oils. ]]> https://www.agrospectrumasia.com/news/47/801/singapores-apical-to-build-the-largest-2g-biofuels-plant-in-southern-europe.html https://www.agrospectrumasia.com/news/47/801/singapores-apical-to-build-the-largest-2g-biofuels-plant-in-southern-europe.html Thu, 20 Apr 2023 09:01:00 +0530 The new plant under a joint investment of €1 billion is scheduled to begin operation in H1 2026 and can produce up to 500,000 tons of SAF and/or renewable diesel annually using feedstock raw materials Apical, through its renewable energy subsidiary Bio-Oils located in Huelva, Spain, has established a joint venture with Cepsa to produce second generation (2G) biofuels by constructing the largest plant in southern Europe. Apical's ample supply of high quality second generation feedstock will ensue to reduce greenhouse gas emissions across air, sea and land transport. The joint venture will entail an investment of up to €1 billion, one of the largest private investments in the history of the southern Spanish region of Andalusia.  The alliance marks Apical's entry to the sustainable aviation fuels (SAF) market and a key milestone in RGE's strategy to produce a range of fuels to decarbonise aviation, maritime and land transportation. Apical, a leading vegetable oil processor and an integral supplier that supports the food, feed, oleochemicals and renewable fuel needs across industries, is also a member of the Singapore-headquartered RGE group of companies. RGE produces sustainable natural fibres, edible oils, green packaging and clean natural gas used to create products that feed, clothe and energise the world. The new plant, scheduled to begin operation in H1 2026, can produce up to 500,000 tons of SAF and/or renewable diesel annually, reducing CO2 emissions by up to 90 percent,2 emissions by up to 90 percent, as compared to traditional fuels. The new facility will feature the latest technology for the production of second generation biofuels.  Designed as a digital native plant, the new operation incorporates state-of-the-art technology including the latest industry advances in artificial intelligence, internet of things (IoT) and data analysis to maximise process efficiency, and ensure the highest standards of safety and environmental protection. By leveraging innovation, Apical is accelerating its sustainable operations in line with Apical2030's Pillar 3 (Green Innovation) of its strategic sustainability roadmap. SAF is often viewed as a tool to a zero-emissions future. However, the key global challenge to the production of SAF is access to feedstock (renewable waste and residue raw materials). As a large global integrated processor of vegetable oils, Apical is able to efficiently and sustainably extract waste and residue from its supply chain and its processes in a transparent and traceable manner. Through the joint venture, the plant will secure the majority of its feedstock supply from Apical's agricultural waste and residue through a global, long-term agreement. Cepsa will contribute its technical expertise and experience in the development of large industrial projects and fuel production; and knowledge of the European market and the decarbonisation goals of its customers in the transport sector. The facility will be located at Cepsa's La Rábida Energy Park in the Spanish province of Huelva. ]]> https://www.agrospectrumasia.com/news/47/785/richardson-invests-220m-in-oil-production-facility-in-memphis-the-us.html https://www.agrospectrumasia.com/news/47/785/richardson-invests-220m-in-oil-production-facility-in-memphis-the-us.html Mon, 17 Apr 2023 08:57:00 +0530 This multi-phase project will replace the existing refinery with a new, state-of-the-art refinery plant Richardson International ('Richardson') has announce a significant investment in its Wesson Oil facility in Memphis, Tennessee. This multi-phase project will replace the existing refinery with a new, state-of-the-art refinery plant, furthering Richardson's ability to fulfill requirements and a growing global demand for vegetable oil. When completed, the new refinery will modernize the site and significantly increase production and refining capacity. Improved efficiencies will also drive substantial reductions in water, energy, and wastewater volumes, aligning well with Richardson's focus on responsible and sustainable business operations.  Expansion and modernization of the Memphis site follows closely behind additional initiatives from Richardson's oilseed processing division, including a three-year expansion project at their facility in Yorkton, Saskatchewan – which is more than doubling crushing and refining capability – and an increase in crushing and refining capability at their Lethbridge, Alberta facility. Richardson International Limited has been recognized as a global leader in agriculture and food processing. Based in Winnipeg, Manitoba, Canada, the company is a worldwide handler and merchandiser of all major Canadian-grown grains and oilseeds and a vertically-integrated processor and manufacturer of oats and canola-based products. Over the past two decades, Richardson has become a significant player in the global food business, producing a wide variety of food products and ingredients for the retail, food service, and industrial markets. ]]> https://www.agrospectrumasia.com/news/47/775/grdc-injects-3-5m-to-boost-soil-organic-matter-in-australia.html https://www.agrospectrumasia.com/news/47/775/grdc-injects-3-5m-to-boost-soil-organic-matter-in-australia.html Thu, 13 Apr 2023 12:38:12 +0530 A five-year research project into soil microbial ecosystems aims to improve nutrient management in agriculture by boosting soil organic matter Grains Research and Development Corporation (GRDC) is investing $3.5 million in an innovative farming system project to explore ways Australian grain growers to increase soil organic matter and return carbon to the soil. The five-year investment by the Grains Research and Development Corporation (GRDC) in partnership with Australia’s national science agency CSIRO and industry partners Kalyx Australia and Delta Agribusiness, is expected to generate international interest with its focus on improving soil organic matter through effective nutrient management using a whole-system approach to increase soil microbes. This investment builds on GRDC’s commitment to support grain growers to understand and incorporate sustainable farming practices through research, development and extension (RD&E). A 2022 independent assessment of GRDC’s RD&E portfolio determined that more than a quarter of projects worth approximately $200M were supporting the grains industry to adopt improved practices or technologies with direct environment benefits. Looking forward, GRDC is finalising a new RDE Plan 2023-28 within which one of the four proposed pillars is ‘Thrive For Future Generations: Australia’s grains industry remains a global leader in sustainability, for people, the planet & our long-term ability to farm’. This CSIRO-led project will identify the most effective ways to increase soil organic matter from crop residues in a dryland cropping systems and detail the cost-benefit analysis of a range of nutrient and residue management strategies for grain growers. The project will also conduct a lifecycle assessment of inputs for carbon accounting purposes. Soil organic matter contributes to a range of biological, chemical and physical properties of soil and is essential for supplying nutrients to crops, preserving soil structure and maintaining water infiltration. Lower organic matter levels reduce soil resilience and function. Good soil organic matter levels support higher grain yield and quality, but Australian soil organic matter levels are declining under continuous cropping cycles. Although plant residues are very high in carbon, nutrients, such as nitrogen, phosphorus and sulphur are required to break it down to build healthy soils with high levels of humus. ]]> https://www.agrospectrumasia.com/news/47/759/malaysia-garners-rm66m-in-potential-palm-oil-sales-in-kazakhstan-uzbekistan.html https://www.agrospectrumasia.com/news/47/759/malaysia-garners-rm66m-in-potential-palm-oil-sales-in-kazakhstan-uzbekistan.html Tue, 11 Apr 2023 12:53:18 +0530 In 2022, Uzbekistan and Kazakhstan imported Malaysian palm oil and palm oil-based products worth RM160 million and RM211 million, respectively. The Malaysian Palm Oil Council (MPOC) has garnered RM66 million in potential sales in Kazakhstan and Uzbekistan in a recent trade show. The visit paved the way for industry members to explore new avenues for expansion and increase the uptake of palm oil in the region. According to MPOC reports, members of the industry from seven Malaysian palm oil companies participated in an recent trade and networking visit to Kazakhstan and Uzbekistan. The event was coupled with two factory visits in Almaty, Kazakhstan and four in Tashkent, Uzbekistan. Around 17 companies from Kazakhstan and 38 companies from Uzbekistan participated in the tailored business matching sessions to draw potential sales of Malaysian palm oil and palm oil-based products. “Industry meetings were also arranged by MPOC to connect the current and potential buyers of Malaysian palm oil in Almaty and Tashkent. These series of meetings addressed the market potential, and challenges, as well as proposed solutions for the Malaysian palm oil industry players to effectively serve the Central Asian market,” reads the MPOC statement. “Uzbekistan is the largest market in terms of the size of the economy and population in the region, while Kazakhstan is the second largest market. Both countries have the potential to import approximately 100,000 tonnes of palm oil and palm oil-based products every year,” said Belvinder Sron, CEO at MPOC while asserting that Central Asia is a promising market with a high demand for vegetable oils. In 2022, Uzbekistan and Kazakhstan imported Malaysian palm oil and palm oil-based products worth RM160 million and RM211 million, respectively. MPOC is enthusiastic about expanding the potential market for sustainable Malaysian palm oil and would continue to provide the palm oil industry with more such programmes in high-value markets. ]]> https://www.agrospectrumasia.com/news/47/746/cargill-arasco-neom-join-forces-to-expand-saudi-arabias-aquaculture-capacity.html https://www.agrospectrumasia.com/news/47/746/cargill-arasco-neom-join-forces-to-expand-saudi-arabias-aquaculture-capacity.html Mon, 10 Apr 2023 11:15:28 +0530 Memorandum of understanding (MoU) signed focusing on expanding Saudi Arabia’s overall fish farming to support the country’s drive towards seafood self-sufficiency by 2030  Saudi Arabia’s efforts to increase its aquaculture production volume to 600,000 metric tons (MT) by 2030 received a major boost after two state-controlled institutions signed an agreement with American global food corporation Cargill to expand fish farming in the country. Cargill, the Arabian agricultural services company (ARASCO), a national food and closed joint stock firm, and the NEOM Company signed a memorandum of understanding (MoU) in early February 2023, covering aquaculture development in a region in northwest Saudi Arabia. The deal is focused on expanding Saudi Arabia’s overall fish farming to support the country’s drive towards seafood self-sufficiency by 2030 using environmentally friendly processes. “This agreement will ultimately lead to addressing the need to replace fishmeal by more sustainable fish feed. Additionally, it aligns with NEOM’s efforts to facilitate the production and supply of sustainable seafood while protecting the marine environment” said NEOM Food Head Juan Carlos Motamayor.  Partners are expected to work together to explore and scale up sustainable ways to meet rising domestic demand for aquaculture, including through research and development into more sustainable feed sources. The NEOM Company – which is also the developer of a proposed $500 billion (EUR 459 billion) commercial and residential development in Saudi Arabia – has made forays into aquaculture in the past. In 2021 the company signed a MoU with aquaculture technology firm Tabuk Fish Company to develop a fish hatchery on the northwest shores of the Red Sea. The farm, the region’s largest fish farm, will operate with a capacity of 70 million fingerlings. Saudi Arabia also made a deal with Dubai, United Arab Emirates-based Aqua Bridge Farms Co. for a hatchery project in Al-Lith, Makkah Province. That hatchery project will produce European sea bass and European sea bream hatchlings for aquaculture ]]> https://www.agrospectrumasia.com/news/47/741/svg-venturesthrive-join-forces-with-intel-and-texas-am-agrilife-to-tackle-nutrition-security.html https://www.agrospectrumasia.com/news/47/741/svg-venturesthrive-join-forces-with-intel-and-texas-am-agrilife-to-tackle-nutrition-security.html Fri, 07 Apr 2023 14:07:02 +0530 This collaboration was developed when the organisations identified a unique opportunity to create significant value by applying technology SVG Ventures|THRIVE announced that they have partnered with Intel Corporation and Texas A&M AgriLife to launch a new collaboration. The three organisations will join forces in creating an ecosystem and laying the groundwork to address food and nutrition security by accelerating controlled environment agriculture (CEA) innovations. In recent years, food security concerns have been exacerbated worldwide, driven by macro trends such as the Covid-19 pandemic, geopolitical conflicts, and climate change, as well as local factors such as labour dynamics and regional weather events. In Texas, food security challenges in urban food deserts have been amplified by recent and unprecedented storms in the region. This collaboration was developed when the organisations identified a unique opportunity to create significant value by applying technology, and innovation, and leveraging the Intel, Texas A&M AgriLife, and THRIVE ecosystems to improve nutrition security in Texas with CEA solutions. In this collaboration, Intel will leverage its extensive resource base to help advance CEA technologies. Texas A&M AgriLife — encompassing a college and four state agencies focused on agriculture and life sciences within The Texas A&M University System -- is uniquely positioned to bring value to the collaboration, aiming to improve lives, environments and the local economy through education and research. Fueled by THRIVE's startup, scaleup, and corporate partner ecosystem and award-winning innovation programming, Intel's resources and solution development capabilities, and Texas A&M's expertise and infrastructure, the collaboration creates a platform for advancing nutrition security in the Texas ecosystem and beyond. A working team will map the innovation landscape in urban nutrition security, identify key challenges and opportunities for innovation, develop the local ecosystem, and identify and scale economically, environmentally, and socially sustainable solutions to address nutrition security objectives. ]]> https://www.agrospectrumasia.com/news/47/736/bayer-to-invest-60-mn-euros-in-corn-seed-production-facility-in-ukrain.html https://www.agrospectrumasia.com/news/47/736/bayer-to-invest-60-mn-euros-in-corn-seed-production-facility-in-ukrain.html Thu, 06 Apr 2023 16:31:06 +0530 This investment includes a new seed dryer, state-of-the-art agricultural field equipment, storage facilities. Bayer has revealed an investment of overall 60 million euros from 2023 onwards in its corn seed production facility Pochuiky, Ukraine. With this the life sciences company emphasizes its commitment to Ukraine and strengthens its Crop Science business in the country, contributing to rebuilding the economy. This investment includes a new seed dryer, state-of-the-art agricultural field equipment, storage facilities and the construction of two bomb shelters to ensure the safety of the Ukrainian colleagues who have been operating the facility and executing this investment project under very difficult circumstances. Bayer’s Head of Public Affairs, Science and Sustainability Matthias Berninger said, "Our investment underscores our commitment which is in full alignment with our vision of ‘Health for all, hunger for none’ and reflects the critical importance of the country in the global food supply chain. We will do our part to support the rebuilding plan for Ukraine and protecting food security for the region and for the world." Berninger attended a small business delegation on a visit to Ukraine led by Robert Habeck, German Vice-Chancellor and Federal Minister for Economic Affairs and Climate Action. The delegation which also included Oliver Gierlichs, Managing Director of Bayer Ukraine, discussed Germany’s commitment to the country and its people as well as the possibilities of an economic partnership. It was the first business delegation of the German government in Ukraine since the beginning of the war. Prior to the war, the company made a significant investment of close to 200 million euros to establish corn seed production through a network of skilled Ukrainian farmers and the greenfield seed processing site in Pochuiky. The plant was inaugurated in 2018 and operates with around 100 on-site employees and about 250 to 300 seasonal workers. Bayer, with its plant, is one of the biggest investors in the region. Its taxes comprise about 25 per cent of the local community budget. Bayer is actively involved in solving social issues of the local community in the Pochuiky village by investing in the construction of a new road and the local hospital, as well as continuously supporting the local school, kindergarten and library.  Pochuiky site investment in line with overall efforts of Bayer to support Ukraine. ]]> https://www.agrospectrumasia.com/news/47/718/vietnam-strengthens-cooperation-with-jica-in-training-high-quality-human-resources-for-the-agricultural-sector.html https://www.agrospectrumasia.com/news/47/718/vietnam-strengthens-cooperation-with-jica-in-training-high-quality-human-resources-for-the-agricultural-sector.html Tue, 04 Apr 2023 12:21:22 +0530 Issued a Resolution on renovating the training of high-quality human resources aligning with Strategy for Agriculture and Rural Development to 2030 On April 3, in Hanoi, Deputy Minister Tran Thanh Nam had a meeting with Mr. Shishido Kenichi, Special Advisor to the President of JICA. The two sides discussed cooperation in training high-quality human resources for Vietnam's agricultural industry. At the meeting, Deputy Minister Tran Thanh Nam said "Over the years, JICA has supported the Ministry of Agriculture and Rural Development in human resource training. The Government of Vietnam has approved the Strategy for Agriculture and Rural Development to 2030, with a vision to 2045, which clearly defines the role of human resource training for the agricultural and rural sector". "In addition to training highly qualified human resources at the university and college level, Vietnam also needs to train human resources directly involved in agricultural production and local agricultural extension forces. Currently, the number of students studying agriculture majors accounts for a low percentage. Vietnam's agricultural industry is in dire need of high-quality, skilled workers to develop the agricultural industry" he added. The Ministry of Agriculture and Rural Development has issued a Resolution on renovating the training of high-quality human resources, divided into three groups: Centralized undergraduate and postgraduate training (at schools and academies of the agricultural sector) Vocational training and vocational colleges. Training farmers and grassroots extension forces in the direction of starting to form professional farmers at the grassroots who have market knowledge and know how to organize production. Training methods are diverse and based on actual local conditions to have appropriate training methods. Deputy Minister Tran Thanh Nam wished that JICA would accompany the Ministry of Agriculture and Rural Development in training these groups of human resources in the coming time. According to Shishido Kenichi, Vietnam's Ministry of Agriculture and Rural Development has a completely right orientation on promoting human resource innovation. He expressed his wish that JICA could support Vietnam in this field.   "The Ministry of Agriculture and Rural Development has directed institutes and schools under the Ministry to coordinate with corporations and businesses to have training orientations according to the needs of corporations and businesses. Deputy Minister Tran Thanh Nam said that in the near future, the Ministry of Agriculture and Rural Development will organize conferences on human resource training so that businesses and localities can have a closer connection in training, as well as for people. and localities better understand the field of human resource training in agriculture: added According to Deputy Minister Tran Thanh Nam. ]]> https://www.agrospectrumasia.com/news/47/689/japan-establishes-consortium-for-3d-bioprinting-cultured-meat-manufacturing.html https://www.agrospectrumasia.com/news/47/689/japan-establishes-consortium-for-3d-bioprinting-cultured-meat-manufacturing.html Thu, 30 Mar 2023 09:12:24 +0530 Osaka University, Shimadzu, Itoham Yonekyu, Toppan, and SIGMAXYZ collaborate to establish “the future creation consortium for cultured meat.”  On March 29, the Graduate School of Engineering, Osaka University (Osaka University), Shimadzu Corporation (Shimadzu), Itoham Yonekyu Holdings Inc. (Itoham Yonekyu), Toppan Inc. (Toppan), and SIGMAXYZ Inc. (SIGMAXYZ) established “the future creation consortium for cultured meat.” The consortium focuses on "concrete initiatives for practical implementation of the manufacturing technology of edible cultured meat using 3D bioprinting." Through cross-company collaboration, we will carry on "developing 3D bioprinting technology for application", "establishing an integrated value chain from production to logistics", and “contributing to legislation through collaboration with government offices and private companies." By exhibiting at the 2025 World Exposition in Osaka, Kansai, we will concentrate on "providing information that helps people understand cultured meat," aiming to realize the world's first use of cultured meat. The consortium consists of "operating partners," who develop technologies, negotiate with government offices and related organizations, and provide information to the public; "R&D partners," who engage in joint research in specific technology areas; and "practical implementation partners," who dispatch information to make cultured meat-related technologies and products popular. "Operating Partners" are Osaka University, Shimadzu, Itoham Yonekyu, Toppan, and SIGMAXYZ. For the positions of "R&D partners" and "practical implementation partners," consortium is inviting applications from various fields. The 3D bioprinting technology developed by Osaka University can freely produce muscle tissue structures and is expected to be used in the fields of food, regenerative medicine, and drug design. In August 2021, Osaka University and Toppan published a paper on a technology that produces different kinds of fibrous tissues, such as muscle, fat, and blood vessels using 3D printing and bundles up and integrates them. After the technology was established, Osaka University, Shimadzu, and SIGMAXYZ signed a partnership agreement for the practical implementation of 3D bioprinting technology in March 2022 and began working on its practical implementation. By receiving Itoham Yonekyu as a member, who has extended its knowledge about meat over the years, "the future creation consortium for cultured meat" will further develop collaborations and accelerate technological development. Prior to the establishment of the consortium, Osaka University, Shimadzu, Itoham Yonekyu, Toppan, and SIGMAXYZ signed an agreement for "the practical implementation of cultured meat technology by 3D printing" to build a system for the initiatives. With the establishment of the consortium, Osaka University, Itoham Yonekyu, and Toppan opened a "Joint Research Laboratory for Social Implementation of Cultured Meat" in Suita Campus, Osaka University. The joint research laboratory and "Osaka University Shimadzu Omics Innovation Research Laboratories," which is established in December 2019, will serve as the center for research promotion of the consortium.The five parties are planning co-sponsor the "Osaka Healthcare Pavilion Nest for Reborn" exhibited at the Osaka-Kansai Expo by Osaka Prefecture and Osaka City, and to display an automated cultured meat production system and provide cultured meat produced by 3D bioprinting technology to visitors who wish to eat at the 2025 World Exposition in Osaka, Kansai, using the event as a place to communicate the initiatives of the consortium to the world. Through the Osaka Expo, we will present the ideal form of cultured meat as one of the "future foods," which will lower the burden on the environment and solve the global protein shortage. This will help people have a better understanding of what cultured meat is about. Through the initiatives of the consortium, the five parties will contribute to solving environmental and food problems, improving people's health, and proposing future foods. ]]> https://www.agrospectrumasia.com/news/47/679/australia-to-launch-world-first-satellite-water-monitoring-system-supporting-aquaculture.html https://www.agrospectrumasia.com/news/47/679/australia-to-launch-world-first-satellite-water-monitoring-system-supporting-aquaculture.html Tue, 28 Mar 2023 10:44:00 +0530 CSIRO, with foundation partner SmartSat Cooperative Research Centre budget to invest AU$83 million to design and develop AquaWatch Australia's national science agency, Commonwealth Scientific and Industrial Research Organisation (CSIRO), has launched a mission to deliver a world first ground-to-space water quality monitoring system. CSIRO is Australia's pre-eminent national science organisation, accelerating innovation through global science.   Through AquaWatch Australia, CSIRO is working with partners internationally to help safeguard freshwater and coastal resources.  AquaWatch will provide near real-time updates and predictive forecasting – a weather service for water quality – once fully operational.  AquaWatch will support better water quality management and can be used to monitor water quality for drinking, sanitation, aquaculture, environmental assessment and a wide range of other applications to help meet the United Nations' Sustainable Development Goals.  CSIRO, with foundation partner SmartSat Cooperative Research Centre, is bringing together research, government and industry with an initial co-investment of AU$83 million to design and develop AquaWatch.   Data collected using an extensive network of Earth observation satellites and ground-based water sensors will be integrated at a central data hub where CSIRO's capability in data analysis and artificial intelligence can provide forecasts a few days ahead.  "The ingenuity behind AquaWatch is it integrates Earth observation with other science capabilities like in-situ sensing, ecosystem modelling, engineering, data science and artificial intelligence.  It is the latest example of CSIRO's Missions Program, which are large-scale scientific and collaborative research initiatives aimed at accelerating the pace and scale at which we can solve the greatest challenges" says CSIRO Chief Executive, Dr Larry Marshall.   CSIRO and its international partners are already working together on pilot projects in:  California, USA in partnership with the University of California, Davis and University of California, Merced, focusing on turbidity in a major water storage  Sarawak, Malaysia in partnership with Swinburne University Sarawak, focusing on carbon losses from mangrove forests  Chile, focusing on salmon aquaculture and desalination  Colombia, focusing on coastal wetlands  Vietnam, in partnership with Vietnam's National Center for Water Resources and Investigation (NAWAPI) and Hanoi University of Mining and Geology (HUMG), focusing on drinking water supplies and hydroelectricity needs.  ]]> https://www.agrospectrumasia.com/news/47/662/australia-to-inject-2-54b-to-prevent-african-swine-fever-asf-away.html https://www.agrospectrumasia.com/news/47/662/australia-to-inject-2-54b-to-prevent-african-swine-fever-asf-away.html Fri, 24 Mar 2023 15:58:00 +0530 Minister Watt presented ongoing combined industry and government preparedness with reference to ABARES analysis report indicating the potential concerns of ASF while Australian Ministry is set to invest $2.54 billion to avoid African swine fever (ASF) becoming endemic in Australia’s feral pig population. A new economic analysis by the experts from Australian Bureau of Agricultural and Resource Economics (ABARES) as an reminder of the risks diseases like African swine fever (ASF) would have on Australian agricultural industry. Minister for Agriculture, Fisheries and Forestry Murray Watt said the report was a timely reminder of the importance of keeping Australia’s biosecurity system strong. In early 2022, it was estimated that there is 21% chance of an African Swine Fever detection in Australia in the next five years. ASF is a contagious viral disease of domestic and wild pigs that has established itself in Asia and parts of Europe and continues to spread. ASF has no vaccine and kills about 80 per cent of the pigs it infects but poses no threat to human health. Australia is committed to prevent pest and disease incursions by allocating $134 million in funding in the last budget to bolster Australia’s biosecurity system. Australia is now developing a model for sustainable biosecurity funding to maintain a strong biosecurity way into the future. Departments are working to minimise disease entry into Australia, by regularly screening and testing meat and animal products at the border. "We’ve seen from ABARES the potentially devastating cost of an outbreak of ASF in this country. While Australia is free of ASF, this work underscores the importance of our biosecurity system and why it needs to be resourced appropriately. A small-scale outbreak in domestic pigs would cost the Australian pig industry between $117 million and $263 million to manage and eradicate. The worst-case scenario, where ASF becomes endemic in our feral pig population, would cost the industry between $439 million and $2.54 billion over 30 years. This would mean lost trade for our exports and higher costs for farmers as they manage biosecurity" iterated Minister Watt. Meanwhile, Australian Pork Limited Chief Executive Officer Margo Andrae welcomed the Government’s ongoing commitment to protecting not only the Australian pork industry, but the broader agricultural community from the threat of African Swine Fever. ]]> https://www.agrospectrumasia.com/news/47/660/cell-agritech-to-build-malaysias-first-cultivated-meat-facility.html https://www.agrospectrumasia.com/news/47/660/cell-agritech-to-build-malaysias-first-cultivated-meat-facility.html Thu, 23 Mar 2023 13:16:56 +0530 Invests RM20 million to bring cost-effective portfolio of cultivated meat, starting with tuna and eel Malaysian firm Cell AgriTech Sdn Bhd is setting up the country’s first cultivated meat production facility in Penang worth some RM20 million. The new facility will span three to four acres in size, with a 1,000-liter production volume. Cultivated meat is made by growing the stem cells of meat from animals in a device called a bioreactor. Cultivated meat as being safer than meat from slaughtered animals – supposedly being free of antibiotics and zoonotic diseases Cell Agritech’s plant will start by focusing on cultivating fish meat, especially premium meats, such as certain species of tuna and eel — and attempt to sell it at a matching price with the same type of meat sourced from slaughtered animals. The goal is to achieve price parity with conventional seafood. Cell AgriTech plans to be in full production by mid of 2025 while regulatory approval is under progress for cultivated meat. The company made the factory announcement during the first Malaysia Cultivated Meat Conference held at the Kuala Lumpur Convention Center in March 2023. The US Food and Drug Administration and its Department of Agriculture are still evaluating the product. Cell AgriTech founder and vice-president of manufacturing Jason Ng Chin Aik said that cultivated meat can cut down on food wastage, as many inedible parts of slaughtered animals are usually thrown away. Explaining the food production process, Mihir Pershad, founder of Singapore-based Umami Meats — which is sharing its technology and expertise with Cell AgriTech — said that the stem cells in the bioreactor are fed a “Gatorade-like solution”. The plant in question will be using “immortalised cell lines” that allows the company to perpetually cultivate meat for “decades” after sourcing cells from a single slaughtered animal source. Representatives from several national universities, the Islamic Development Department of Malaysia, the Health Ministry, the Agriculture and Food Security Ministry, and also the Ministry of Science, Technology and Innovation attended. The global cultivated meat market is expected to grow from $176.48 million (RM791.87 million) in 2022, to $321.71 million (RM1.44 billion) by 2027. Singapore was the first country to approve cultivated meat products for sale, back in 2020. Cell Agritech is currently working on qualifying suppliers that may potentially be more environmentally friendly ]]> https://www.agrospectrumasia.com/news/47/651/pepsico-to-invest-216m-supporting-regenerative-agriculture-transformation-in-the-us.html https://www.agrospectrumasia.com/news/47/651/pepsico-to-invest-216m-supporting-regenerative-agriculture-transformation-in-the-us.html Wed, 22 Mar 2023 08:08:00 +0530 Practical Farmers of Iowa region, Soil and Water Outcomes Fund, and the Illinois Corn Growers Association partner with PepsiCo to drive adoption of regenerative agriculture practices and reduce carbon emissions PepsiCo has announced a $216 million multi-year investment in long-term, strategic partnership agreements with three of the most well-respected farmer-facing organizations – Practical Farmers of Iowa (PFI), Soil and Water Outcomes Fund (SWOF), and the IL Corn Growers Association (ICGA) – to drive adoption of regenerative agriculture practices across the United States. The combined impact of these three strategic partnerships is expected to support the accelerated uptake of regenerative practices on more than three million acres and deliver approximately three million metric tons of greenhouse gas (GHG) emission reductions and removals by 2030. PepsiCo will work alongside these trusted organizations to establish and scale financial, agronomic, and social programs that enable the transition to regenerative agriculture practices through education, upfront investment in outcomes, peer coaching and networking, and cost-sharing. PepsiCo's strategic, end-to-end business transformation, PepsiCo's strategic investment in PFI, SWOF and ICGA is essential to supporting the U.S. farming community as it makes changes that aim to secure production volumes and mitigate the impacts of climate change, while still cultivating quality, bountiful crops to feed the world's growing population. Through these partnerships, by 2030, PepsiCo will work with PFI to reach approximately 1.5 million acres; SWOF to reach nearly 1 million acres; and the ICGA to reach approximately 600,000 acres. Based on progress to date, these collaborative efforts are expected to deliver more than 500,000 regenerative acres by the end of 2023. ]]> https://www.agrospectrumasia.com/news/47/614/adb-signs-loan-for-first-cross-border-wind-power-project-in-asia.html https://www.agrospectrumasia.com/news/47/614/adb-signs-loan-for-first-cross-border-wind-power-project-in-asia.html Tue, 14 Mar 2023 11:37:10 +0530 The first plant in Lao PDR and the largest in Southeast Asia The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited (Monsoon) signed a $ 692.55 million nonrecourse project financing package to build a 600-megawatt wind power plant in Sekong and Attapeu provinces in the southern region of the Lao People’s Democratic Republic (Lao PDR) to export and sell power to neighbouring Viet Nam. Comprising 133 wind turbines, the project will be the largest wind power plant in Southeast Asia and the first in the Lao PDR. As a sole mandated lead arranger and book-runner, ADB has arranged, structured, and syndicated the entire financing package—the largest syndicated renewable project financing transaction among ASEAN countries to date. The package comprises a $100 million A loan from ADB’s ordinary capital resources, a $150 million syndicated B loan, $50 million in concessional financing, $382.55 million in parallel loans, and a $10 million grant. Cutting-edge use of concessional blended finance was critical in overcoming the project’s bankability hurdles to crowd in the commercial capital. “Developing economies in Asia and the Pacific face shortfalls in climate investments that are needed to clear a pathway to green growth. The syndication of development and commercial financing for this project bridges this gap by mobilizing private capital to develop wind resources which are translated into clean power generation that can spur economic and social advancement in the region,” said Suzanne Gaboury, ADB Private Sector Operations Department Director General.“ The financing from ADB and its partners will help unlock the Lao PDR’s untapped wind resources, providing a basis for a transition to clean energy and green growth that will have lasting benefits for the economy.” Cross-border power supply has been a pillar of the Lao PDR’s economic growth. Harnessing the country’s untapped wind resources can provide energy diversification as the seasonality of the wind resource is countercyclical to the rainy season, which supports the country’s hydropower generation. The project will reduce annual greenhouse gas emissions by at least 748,867 tons of carbon dioxide equivalent. The B loan comprises $100 million from Siam Commercial Bank and $50 million from Sumitomo Mitsui Banking Corporation while the concessional financing administered by ADB comprises $20 million from Leading Asia’s Private Infrastructure Fund (LEAP) and $30 million from the Canadian Climate Fund for the Private Sector in Asia (CFPS, CFPS II). Parallel loans include $120 million from the Japan International Cooperation Agency, $100 million from Kasikorn Bank, $72.55 million from the Asian Infrastructure Investment Bank, $60 million from the Export-Import Bank of Thailand, and $30 million from the Hong Kong Mortgage Corporation Limited. A $10 million grant from ADB’s Asian Development Fund (ADF) – Private Sector Window (ADB-PSW) will help mitigate key project risks, including potential curtailment risk, which is a key bankability issue for lenders. ]]> https://www.agrospectrumasia.com/news/47/564/philippines-signals-creation-of-green-lanes-to-attract-strategic-investments-to-boost-trade-1.html https://www.agrospectrumasia.com/news/47/564/philippines-signals-creation-of-green-lanes-to-attract-strategic-investments-to-boost-trade-1.html Tue, 28 Feb 2023 11:28:00 +0530 Issues new Executive Order (EO) 18 to simplify business and trade routes pertaining to projects, FDIs and activities under the Strategic Investment Priority Plan (SIPP) The Philippines major investment promotion agencies (IPAs), the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA) have approved the issuance of the Executive Order (EO) No. 18 or the creation of green lanes for strategic trade and investments in the country. On 27 Feb, Department of Trade and Industry (DTI) Secretary and BOI chairperson Alfredo Pascual said “the green lanes for strategic investments will facilitate ease of doing business and will increase the country’s attractiveness as an investment destination”. "This EO complements our efforts to facilitate a robust economic recovery and expansion. It promotes ease of doing business as national government agencies including its regional and provincial offices, as well as local government units are now mandated to create green lanes that will fast-track the process of securing necessary licenses and permits for strategic investments.” he added.  Continuing to share his opinion Alfredo Pascual added’ “several investors are interested in expanding operations in the Philippines. Most of them have emphasized the importance of advancing ease of doing business after we have identified barriers across multiple regulatory agencies that hamper the smooth entry of FDIs (foreign direct investments) in the country.” The new EO 18 is expected simplify business and trade routes for business and conducting crucial projects, attract FDIs and activities under the Strategic Investment Priority Plan (SIPP). EO 18 covers all national government agencies, government-owned or -controlled corporations and local government units involved in the issuance of business permits, licenses, certifications and/or authorizations. In a way, EO 18 signals a whole-of-government approach in improving and accelerating the issuance of permits and licenses needed in putting up businesses in the country. ]]> https://www.agrospectrumasia.com/news/47/548/china-to-invest-8-1b-in-iranian-agriculture-projects.html https://www.agrospectrumasia.com/news/47/548/china-to-invest-8-1b-in-iranian-agriculture-projects.html Thu, 23 Feb 2023 10:28:46 +0530 China to invest $3.5 billion foster fishery, mechanization, arable farming, green houses and dryland farming projects in Iran and to allocate $4.6 billion worth resources Recently in Feb 2023 Iranian President Ebrahim Raeisi visited Beijing and signed a MoU to endorse investment by China in two major agricultural precincts. Iran’s agriculture ministry (MAJ) announced that China will invest nearly $3.5 billion in fishery, mechanization, arable farming, green houses and dryland farming in Iran.   Iran’s ministry of agriculture (MAJ) deputy for planning and economy Shahpour Alayi said Iran will also be able to access some $4.6 billion worth of Chinese resources under a finance scheme for two major agricultural projects in Iran’s south and north zones. According to MAJ, Iran will complete preparations for the implementation of the agreements with China by late March 2023, adding that the projects may begin in early April 2023. MAJ had set up committees to pursue the implementation of the agriculture MoU with China. New guidelines on the agreement will be issued for private sector companies and commerce chambers soon. ]]> https://www.agrospectrumasia.com/news/47/528/australia-to-invest-9-3-million-in-soil-technology-to-boost-agricultural-drought-resistance.html https://www.agrospectrumasia.com/news/47/528/australia-to-invest-9-3-million-in-soil-technology-to-boost-agricultural-drought-resistance.html Tue, 14 Feb 2023 13:46:30 +0530 Regional firm Loam Bio receives $5.8 million to develop Carbonbuilder microbial technology that aids plants in storing carbon naturally, thereby enhancing soil's ability to retain moisture Australia is investing $9.3 million in soil technology that could help Australian farmers increase soil carbon in cropping systems, improve soil health and resilience, and diversify farm income. Regional company Loam Bio is developing technology to store carbon in agricultural soils.The Clean Energy Finance Corporation (CEFC) is funding the innovation. The CEFC has already invested $5.8 million in Loam, taking its total investment to $15.1 million. Increased soil carbon helps soil to retain more water and improves plants’ ability to take up nutrients, resulting in better agricultural productivity and resilience. One of the major challenges for soil carbon storage is that carbon naturally reacts with oxygen and water, releasing it back into the atmosphere. Loam’s Carbonbuilder microbial technology works with the root system of crops, enhancing a plant’s natural ability to store carbon in the soil. The technology helps lower emissions and improve soil carbon storage, enabling farmers to participate in valuable carbon markets. Minister for Climate Change and Energy, Chris Bowen said, “Australia is equipping farmers with the tools to combat the climate crisis under extreme and intense weather events. By boosting water retention in soils, the Loam technology has the potential to help Australian farms to become more drought resistant and more sustainable.” Minister for Agriculture, Fisheries and Forestry, Senator the Hon Murray Watt said, “Government finance will support the development of this crucial soil technology that will support regional jobs and development while benefiting Australian farmers.” ]]> https://www.agrospectrumasia.com/news/47/506/evonik-invests-e25-mn-in-methionine-intermediates-production-plant-in-germany.html https://www.agrospectrumasia.com/news/47/506/evonik-invests-e25-mn-in-methionine-intermediates-production-plant-in-germany.html Mon, 06 Feb 2023 15:12:31 +0530 The investment will safeguard the long-term supply of MMP to the European methionine production hub Germany-based Evonik has invested €25 million in developing and expanding its methylmercapto-propionaldehyde (MMP) production plant in Wesseling, Germany, in the latest move to strengthen its world-scale global methionine production network. MMP is integral in the production of MetAMINO (DL-methionine) which is used in animal feed to improve the performance of livestock farming. The precursors of this essential amino acid have been produced in Wesseling for more than 50 years. Dr Gaetano Blanda, head of the Animal Nutrition business line, said, "With this investment, Evonik is strengthening the European methionine network to safeguard the long-term supply of MMP to our MetAMINO production hub in Antwerp, Belgium. The move underscores our commitment to serving and expanding the global DL-methionine market and secures the best possible supply security for our customers.” The conversion and expansion of the plant in Wesseling have been made possible by the development of a new production process, that will allow for the avoidance of the storage of chemical intermediates, such as acrolein, at the site. Commenting on the plant upgrade, Dr Jan-Olaf Barth, head of the Essential Nutrition product line, said, “Evonik is known for its innovative approach and world-class technology, and in Wesseling, we have now developed a process that increases efficiency and, with Responsible Care in mind, further enhances safety at the site." He added, “This investment is a building block of our global methionine asset strategy with the clear goal of being the cost and technology leader in all regions and the reliable partner for our customers.” ]]> https://www.agrospectrumasia.com/news/47/424/protenga-to-expand-insect-business-with-yield-lab.html https://www.agrospectrumasia.com/news/47/424/protenga-to-expand-insect-business-with-yield-lab.html Mon, 16 Jan 2023 12:43:12 +0530 Protenga’s technology production platform is developing fast, with current insect farming facilities reaching several key productivities. Protenga announced the latest investment from The Yield Lab Asia Pacific and SEEDS Capital and JBI Innovations, saying that the funding caps off a successful 2022. The company says it is looking forward to working with the team at the Yield Lab and gaining access to their vast network of relevant industry experts as Protenga expands its portfolio. “The Yield Lab has a fantastic Asia Pacific and global reputation and presence, and the expertise to back it. We are strongly aligned with their mission to sustainably revolutionise agrifood systems thanks to our scalable renewal nutrition production platform,” says Leo Wein founder and CEO. Protenga’s technology production platform is developing fast, with current insect farming facilities having reached several key productivity and cost milestones this year. Based on these operating validations achieved in 2022, Protenga’s second-generation smart insect farm blueprint will see its first deployments together with strategic partners in 2023. The company says it is positioned to be a vital partner of the palm industry in Malaysia, Indonesia and beyond by up-cycling palm by-products and thus increasing the sustainability of its operations. “Protenga’s vertical integration, unique technology, and production platform, as well as its circular solution which utilizes Palm waste to supplement the insect protein’s highly nutritious food source provide a sustainable solution relevant to this Asia Pacific region, with the finished product benefiting the global Pet food and Aquaculture industries. In addition, Protenga’s innovation being developed for Aquaculture feed is unique and important across many fish and seafood species. All combined The Yield Lab Asia Pacific looks at Protenga’s insect protein platform as a flexible, sustainable and highly nutritious base for Pets and hundreds of fish species. Both Pet and Aquaculture are fast-growing markets. The Yield Lab Asia Pacific looks forward to working with Leo and his team as they exceed their next wave of commercial growth and market expansion,” says Claire Pribula, Managing Director of The Yield Lab Asia Pacific. ]]> https://www.agrospectrumasia.com/news/47/395/philippines-china-sign-joint-action-plan-for-agricultural-and-fisheries.html https://www.agrospectrumasia.com/news/47/395/philippines-china-sign-joint-action-plan-for-agricultural-and-fisheries.html Mon, 09 Jan 2023 12:15:13 +0530 Manila and Beijing also had a deal on the handover certificate of the Philippine-Sino Centre for Agricultural Technology-Technological Cooperation Phase III The Philippines and China signed 14 bilateral memoranda of understanding (MoU) during President Ferdinand Marco’s Jr visit to China. These MoUs are in agriculture, infrastructure, development cooperation, maritime security, and tourism, among others. China has resulted in investment pledges of $22.8 billion from Chinese companies. Both countries signed a joint action plan for 2023-2025 on agricultural and fisheries cooperation between and alternative green technology for animal feeds and other agricultural, as well as an MOU on cooperation on the Belt and Road Initiative (BRI). Manila and Beijing also had a deal on the handover certificate of the Philippine-Sino Centre for Agricultural Technology-Technological Cooperation Phase III (PHILSCAT-TCP III).  Among the investment deals signed in agribusiness are in coconut and food processing, development of durian production, processing and marketing, as well as an alternative green technology for animal feeds and other agricultural-related products. The Philippines and China also forged two agreements to ensure a sustainable supply of agricultural inputs, particularly fertilizers.  Last year, high prices of fertilizers contributed to the increasing costs of agricultural products.  The Agri sectors with the most considerable export potential to China include fruits, processed or preserved food products and fish and shellfish.  According to the Philippine Statistic Authority (PSA), bilateral trade between the Philippines and China from January to October 2022 stood at $32.4 billion. China is one of the country’s largest trading partners with the Philippines. Exports to China in the first 10 months of 2022 amounted to $9.1 billion while imports reached $23.3 billion.  PSA data also showed that total approved investments from China in the country’s major investment promotion agencies from January to September last year only reached PHP1.17 billion ($20.96 million).  ]]> https://www.agrospectrumasia.com/news/47/367/uae-invests-in-kurdistan-regions-agriculture-and-livestock-sectors.html https://www.agrospectrumasia.com/news/47/367/uae-invests-in-kurdistan-regions-agriculture-and-livestock-sectors.html Mon, 02 Jan 2023 11:55:07 +0530 Kurdistan Government will provide facilitation for all the companies and investors investing in the agriculture and food industry. The Kurdistan Regional Government’s (KRG) Investment Board met with an Emirati Al Abrar Company delegation to discuss enhancing cooperation in Kurdistan Region’s agriculture and livestock sectors. “In the past, we have conducted more than 10 research projects in the Kurdistan Region for investment plans which are important for Kurdistan, Iraq, and the Emirates, significantly in the sectors of agriculture, animal welfare, and livestock with the aim of providing food security in the area,” Paul Wilm delegation Head, said. “We came to the conclusion that Kurdistan has fertile land suitable for investment in agriculture and planting, due to the location and climate of the region, UAE companies can invest in the agricultural sector,” Wilm added. Mohammed Shukri, Head of KRG’s Investment Board said “in coordination with the Ministry of Agriculture and Water Resources within the framework of the applicable laws on investing in the Kurdistan Region, we will provide facilitation for all the companies and investors investing in agriculture and food industry, including the UAE.” Al Mawarid Group is one of the leading companies in the UAE in the fields of the food industry, agriculture, and dairy products, which could play a role in achieving the KRG’s goals of strengthening the Kurdistan Region’s economic infrastructure by reviving the agriculture sector, preserving food security, and meeting the needs of Iraq and the Kurdistan Region and exporting products to foreign countries. ]]> https://www.agrospectrumasia.com/news/47/365/iciec-signs-mou-with-raii-for-cooperation-in-agri-sector.html https://www.agrospectrumasia.com/news/47/365/iciec-signs-mou-with-raii-for-cooperation-in-agri-sector.html Fri, 30 Dec 2022 14:59:25 +0530 The MoU aims at contributing to achieving food self-sufficiency in Saudi Arabia and ICIEC Member States. The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) signed a Memorandum of Understanding (MoU) with Al-Rajhi International Investment Company (RAII) of Saudi Arabia whereby the two parties would cooperate in synergizing coordination, business development and efficient implementation of projects in the vital agricultural and food security sectors in ICIEC’s Member States. RAII is a subsidiary of Sulaiman Abdulaziz Al-Rajhi Awqaf Holding, which is one of the largest business groups in Saudi Arabia, whose core activities include investments in the agricultural and food security sectors and related fields globally. The MoU was signed by Oussama A. KAISSI, Chief Executive Officer of ICIEC, and Ahmed Ali Aldakheel, Chief Executive Officer of RAII. The MoU aims at contributing to achieving food self-sufficiency in Saudi Arabia and ICIEC Member States in which RAII is already engaged,  through jointly exploring new agri-business opportunities, investments in agricultural and food security projects, enhancing and developing agricultural infrastructure at the advanced SME and rural farming levels, and co-financing and technical consultancy opportunities with ICIEC clients and partners using the Corporation’s risk mitigation and credit enhancement solutions. The MoU also aims to help boost agricultural production by focusing on developing agriculture Technologies and farm management services to maximize productivity. RAII owns the most extensive organic agriculture project in the Kingdom, one of the largest poultry projects in Saudi Arabia and an integrated poultry project in Egypt. Its products are exported to neighbouring GCC markets, Yemen, China, and Vietnam. ICIEC and IsDB Group have a focused approach to the agricultural and food industry in the Member States, 36 of which are net food importers. Total IsDB Group’s financing support for agriculture and food security currently stands at $20.6 billion. Earlier in 2022, the IsDB Group launched a $10.54 billion comprehensive Food Security Response Programme (FSRP) aimed at supporting Member States in addressing the ongoing food crisis and scaling up the Group’s continued efforts to contribute to strengthening its members’ resilience to food security shocks in the future. ICIEC supports this ‘One Group-One Goal’ initiative with an allocation of $500 million in PRI and credit insurance. Oussama KAISSI, CEO of ICIEC, commented: “Agriculture, food sustainability and security are critical sectors for ICIEC. Our mandate includes supporting intra-OIC trade and investment by providing our unique Shariah-compliant credit enhancement tools against commercial and non-commercial risks. ICIEC Member States and significant parts of the world are facing an unprecedented food crisis. Food prices, particularly for cereal grains, have been climbing steadily in the past few years and soared recently in the wake of the Russo-Ukrainian crisis. Climate change is also one of the main factors exacerbating food insecurity through low productivity and crop failures. ]]> https://www.agrospectrumasia.com/news/47/326/vietnam-to-double-the-investment-in-agri-sector-by-2030.html https://www.agrospectrumasia.com/news/47/326/vietnam-to-double-the-investment-in-agri-sector-by-2030.html Tue, 20 Dec 2022 12:21:24 +0530 Vietnam’s agriculture has maintained a 2.83 per cent annual growth rate on average, accounting for as much as 12 per cent of the entire world's rice export. Vietnam has decided to double the amount of foreign investment in agriculture to $34 billion by the end of 2030. From 2010-20, Vietnam’s agriculture has maintained a 2.83 per cent annual growth rate on average, accounting for as much as 12 per cent of the entire world's rice export. According to the local media, Tạ Thu Trang from the Institute for Policy and Strategy under the Ministry of Agriculture and Rural Development (MARD) said Vietnam's agriculture sector had made significant progress in recent decades. Foreign investors have played an important role in the country's success to modernise its agriculture sector by introducing advanced technologies and creating thousands of jobs. However, there was still a lot of untapped potential in the sector.  During 2009-21, foreign investors only registered under 2,000 projects, just 5.7 per cent of all projects in Vietnam with $17.64 billion worth of investment, or 4.3 per cent of total investment. The vast majority of the projects were from Asian countries, which mostly went to the area surrounding the capital city of Hanoi and the Mekong Delta relatively developed infrastructure already in place. In addition, there have been incidents in which foreign projects deliberately took advantage of the numerous free trade agreements signed by Vietnam to fabricate made-in-Vietnam products without investing in production within the country. In order to bring foreign investment in Vietnam's agriculture sector to $34 billion by the end of 2030, there was an urgent need to increase collaboration with large corporations across all industries in the sectors, especially in technology transfer. However, it's important to focus on bolstering the domestic supply chains for key input, which Vietnam traditionally has been overly reliant on import, such as seeds, livestock feed, fertiliser, vaccine, medicine, pesticides, management software, slaughter lines and processing technology. In an earlier development, MARD put forward a proposal for a number of policy changes to planning larger production centres that employed state-of-the-art equipment, to filter investors to select the most suitable technology and a mechanism to purchase raw material from farmers on a large scale directly. ]]> https://www.agrospectrumasia.com/news/47/322/cpec-green-corridor-records-remarkable-agro-growth.html https://www.agrospectrumasia.com/news/47/322/cpec-green-corridor-records-remarkable-agro-growth.html Mon, 19 Dec 2022 15:35:49 +0530 Pakistan’s agricultural products exported to China from January to August 2022 reached $730 million with a year-on-year increase of 28.59 per cent. Under ‘CPEC Green Corridor’ throughout the year 2022, the agriculture sector has recorded a remarkable growth of 4.4 per cent and surpassed the target of 3.5 per cent as well as last year’s growth of 3.48 per cent during FY2022.  According to Economic Survey, the growth in the agriculture sector was recorded 4.4 per cent and surpassed the target of 3.5 per cent. This remarkable growth is mainly underpinned by China-led assistance to Pakistan of many facets relating transfer of hands-on experience in the fields of intercropping, high-yield seeds, pest control, hybrid cultivation, corporate farming, innovate irrigation technique, agri machinery training, agri research & development, the protocol for Pak agri exports to China, digital farming and agri labour skills.     According to the local media, Since Sino-Pak agriculture has continued to deepen in 2022, Pakistan’s agricultural products exported to China from January to August 2022 reached $730 million with a year-on-year increase of 28.59 per cent. Pakistan’s agricultural export to China is expected to exceed a record high of $1 billion next year.   On the back of the 2022 Agri sector’s milestone achievement, the focus of next year under CPEC Green Corridor will be continuing on improving land cultivation area, water management, better access to markets for inputs (seeds, fertilizers, farm mechanisation, credit, water) and outputs, improved infrastructure including storage and cooling facilities, reduction in post-harvest losses, greater investment in research, development and extension, improved quality and fulfilment of quarantine requirements for international markets and competitiveness, greater diversification, especially minor but high-value crops, farm input and effectiveness of markets.  The announcement of three new corridors under CPEC including the China Pakistan Green Corridor (CPGC), which focuses on the agricultural environment and food security speaks volumes about the significance of agricultural cooperation in CPEC.   ]]> https://www.agrospectrumasia.com/news/47/316/australis-centuria-agriculture-fund-acquires-tomato-grower-sundrop-farms.html https://www.agrospectrumasia.com/news/47/316/australis-centuria-agriculture-fund-acquires-tomato-grower-sundrop-farms.html Mon, 19 Dec 2022 11:17:31 +0530 Sundrop Farms is an award-winning, sustainable horticulture operator, capable of producing 17,000 tonne of truss and baby plum tomatoes from four glasshouses, each covering five hectares. Australi’s Sundrop Farms has been acquired by Centuria Agriculture Fund (CAF). The property assets have been acquired for $70 million from the Morrison & Co Growth Infrastructure Fund. Sundrop Farms is an award-winning, sustainable horticulture operator, capable of producing 17,000 tonne of truss and baby plum tomatoes from four glasshouses, each covering five hectares. It has adopted innovative technologies that integrate solar power, freshwater production, electricity generation and hydroponics to deliver a meaningful reduction in water and fossil fuel use. David McKinnon, Investment Director at Morrison & Co, said, “We acquired the business in 2019 recognising its potential to deliver a step-change in the way food is produced.” The business will be sold on behalf of the Morrison & Co Growth Infrastructure Fund (MGIF), which targets gross returns of 13-15 per cent per annum through investing in 'ideas that matter' backed by long-term secular trends such as water scarcity and decarbonisation. The investment has delivered excellent returns that comfortably exceeded these targets. Andrew Tout, Centuria’s Head of Agriculture, said, “This high-quality glasshouse facility was constructed in 2016, incorporating modern renewable energy, heating and irrigation sources, which creates highly sustainable, premium fresh produce. These are strong fundamentals that underpin a well performing agriculture real estate investment.” ]]> https://www.agrospectrumasia.com/news/47/297/mowreq-and-yeshealth-to-build-largest-indoor-vertical-farm-in-riyadh.html https://www.agrospectrumasia.com/news/47/297/mowreq-and-yeshealth-to-build-largest-indoor-vertical-farm-in-riyadh.html Tue, 13 Dec 2022 16:18:00 +0530 Total investment in the Mowreq and YesHealth Group JV, Vertical Farms Company, is valued at more than 100 million Saudi Arabian Riyals, or approximately $28 million. Agtech companies, Mowreq (Mowreq Specialized Agriculture Co.) and YesHealth Group (YesHealth Agri-Biotechnology Co., Ltd.) have initiated a joint venture to develop a network of indoor vertical farms throughout the Kingdom of Saudi Arabia. The JV, Vertical Farms Company, will begin by building the Kingdom's largest indoor vertical farm in Riyadh. This first farm is slated to be fully operational by Q4 2023, providing jobs and healthy, sustainable produce to the local community. Mowreq already supplies vertically farmed produce to consumers in Jeddah, under the brand name Janafarm. It employs 15 people, producing healthy and fresh leafy vegetables around the year. In order to deliver on this next step in the Kingdom's agricultural development, Mowreq aims to leverage its experience and know-how in the Saudi Market, combined with the technology and know-how of YesHealth Group. YesHealth Group currently operates a profitable, large-scale indoor vertical farm in Taiwan, and cooperates across several indoor vertical farms in Europe. Its combined operations employ more than 150 people worldwide and produce over 2,500 tons of leafy vegetables, annually. The Riyadh farm will be operated jointly by Mowreq and YesHealth Group during a 3-year technology transfer phase, training local talent to take over the long-term operations. Total investment in the Mowreq and YesHealth Group JV, Vertical Farms Company, is valued at more than 100 million Saudi Arabian Riyals, or approximately $28 million at the current exchange rate. The project is backed by Saudi venture capital and funds. In line with the Saudi 2030 Vision, the partners will create 50 full-time jobs at the Riyadh farm, and they aim to create more jobs over the next five to ten years, leading the development of the controlled environment agriculture industry. Education will be provided to advance talent, giving the youth the skills they need for jobs of the future. Continued development of the industry's infrastructure will further diversify the economy, helping to ensure food security, and promote healthy lifestyles. "We built the Kingdom of Saudi Arabia's first indoor vertical farm and now we're building the Kingdom's largest indoor vertical farm," says Modar Hisham Nazer, Co-Founder of Mowreq and Chairman of Vertical Farms Company. "This massive, new farm that we're building in Riyadh, will enable more of our compatriots to benefit from locally-produced Janafarm products, which are always clean, fresh, and free of pesticides." "YesHealth Group has overcome the operational challenges of indoor vertical farming in Subtropical Asia," says Jesper Hansen, CCO of YesHealth Group. "The Middle East is our next challenge. We will guide the Riyadh farm through its initial phase of operation, with the aim of maximizing output and efficiency at the high level we achieve in our Taiwan farm." ]]> https://www.agrospectrumasia.com/news/47/284/new-zealand-to-grow-hi-tech-strawberries.html https://www.agrospectrumasia.com/news/47/284/new-zealand-to-grow-hi-tech-strawberries.html Fri, 09 Dec 2022 13:32:40 +0530 26 Seasons is currently using this method to produce microgreens, and while controlled environment growing systems are already being used around the world, this is the first of its kind in New Zealand. In New Zealand Spray free strawberries will be grown in 26 Seasons’ proprietary growing through a hi-tech system with the aim of extending the availability of the fruit in the country. “We’re focussed on innovations that lift the sustainability and productivity of our food and fibre sector and this project moves us along that path,” said Damien O’Connor, New Zealand agriculture minister. “We’re partnering with 26 Seasons through Sustainable Food and Fibre Futures to identify the most cost-effective method to grow high-yielding, seaout-of-seasonies using a controlled environment growing system. “We’re committing more than NZ$920,000 over two years to this project through the Ministry for Primary Industries administered fund. It will enable research to help in scaling up production using 26 Seasons’ proprietary growing system, which the company has tested successfully in a preliminary trial.” 26 Seasons’ indoor hydroponic system recycles water and uses mobile vertical racks and pulsing light, so it doesn’t require the pesticides or herbicides that are usually an essential part of large-scale strawberry production. “26 Seasons is currently using this method to produce microgreens, and while controlled environment growing systems are already being used around the world, this is the first of its kind in New Zealand. We also believe it’s one of the first examples globally of growing strawberries this way,” said O’Connor. O’Connor said 26 Seasons had already successfully conducted a pre-pilot small-scale trial of 1,000 strawberry plants in inner city Wellington, with the help of funding from Callaghan Innovation. “The time is ripe to scale up, and this new pilot project has just undergone a trial of growing up to 8,000 plants in a larger building in Foxton,” O’Connor said. “This will be a stepping-stone to 26 Seasons’ aim of full commercialisation, which would require between 60,000 and 200,000 plants per site.” The project will aim to produce fruit with an equivalent taste, look, and size to peak-season strawberries grown locally and conventionally. “The business is aiming to grow plants that will produce fruit for at least eight months of the year at a commercially viable yield per plant,” O’Connor said. “This project has the potential to benefit the horticulture industry in New Zealand, both environmentally and economically. “The controlled environment farming technology uses 90 per cent less water and 90 per cent less land than traditional horticulture – plus the strawberries can be grown fairly consistently without spraying them with pesticides or herbicides, so the environmental benefits are enormous. “If successful, 26 Seasons will share its technology with growers of other high-value crops by licensing the intellectual property.” ]]> https://www.agrospectrumasia.com/news/47/266/syngenta-seeds-invests-330-million-baht-to-expand-corn-seed-factory-in-thailand.html https://www.agrospectrumasia.com/news/47/266/syngenta-seeds-invests-330-million-baht-to-expand-corn-seed-factory-in-thailand.html Tue, 06 Dec 2022 12:19:06 +0530 This expansion plant increases the capacity to produce up to 10 tons per hour. Syngenta Seeds invests more than 330 million baht to increase production capacity, and to produce the largest hybrid maize seed production in Thailand and ASEAN at Lopburi Province. Syngenta Seeds Thailand officially opened a new expansion plant at the Lopburi factory, with Amphon Angkhaphakornkul Governor of Lopburi Province honoured to be the chairman together with Justin Wulf, Chairman of the Executive Board of Seeds Business Syngenta, Headquarters; Heads of relevant government agencies and business partners celebrated the opening ceremony of the expansion and installation of the most advanced machinery in the Asia-Pacific region. Justin Wulf, CEO of Seed Business, Syngenta Headquarters, said that as the world’s leading developer and producer of animal feed corn kernels, Syngenta is committed to long-term investments in Thailand’s agricultural sector. ″We are proud to announce that Syngenta has invested over 330 million baht in bringing in the most advanced and cutting-edge technology. To produce high-quality hybrid corn seeds and meet the needs of farmers the most and to show our commitment to offering the best products to Thai farmers. Syngenta will continue to innovate.″ Pichaya Ruchirawat, Syngenta Seeds Production and Distribution Director for Thailand and Vietnam, said, ″This expansion plant increases the capacity to produce up to 10 tons per hour. From the original that can only do 3 tons per hour, it focuses on the development of a production process that uses technology from Germany and Japan to drive the production of hybrid seeds for quality animal feed. This reinforces the company’s commitment to be the largest producer of corn seeds for animal feed in Thailand and ASEAN.″ ″In addition, Syngenta Seeds’ new extension plant is controlled by an intelligent computer system. Robotic arms are used to sort goods, increasing safety, and reducing heavy labour and the risk of potential accidents. Which can check the operation through the wireless network system there is also an independent dust removal system in each part of the machine. To prevent air pollution during operation, therefore, it is a factory that is safe and friendly to the environment at the same time.″ With this modern technology, Syngenta Seeds can produce hybrid maize seeds. It is produced under the NK brand trade name such as NK6253, NK6848, NK7321, NK8216, NK6275, S7328 and S6248 for use in the country and exported to various countries such as Vietnam, Cambodia, Myanmar, Pakistan, Sri Lanka, Ecuador and Guatemala. ]]> https://www.agrospectrumasia.com/news/47/261/new-zealand-announces-investment-for-agri-and-wool-products.html https://www.agrospectrumasia.com/news/47/261/new-zealand-announces-investment-for-agri-and-wool-products.html Mon, 05 Dec 2022 13:38:22 +0530 The Government will invest $975,000 into phase two of the project through SFF Futures alongside industry support worth $1.2m. The New Zealand Government has announced a series of new investments through its Sustainable Food and Fibre Futures fund (SFF Futures) in a move designed to kickstart sustainable and high-value wool and food and fibre. Agriculture Minister Damien O’Connor says the SFF Futures fund has now seen the Government co-invest $530 million in projects exploring a wide range of opportunities to diversify New Zealand’s exports, capture value and progress the country’s sustainability credentials. “It’s a key part of our plan to help our farmers and growers maintain our competitive edge and deliver future economic security for all New Zealanders,” he says. O’Connor says in early 2020, the Government worked with Venture Taranaki – the regional development agency for Taranaki – to identify food and fibre opportunities in the region during phase one of the agency’s Branching Out project. Now, he says, the Government will invest $975,000 into phase two of the project through SFF Futures alongside industry support worth $1.2m. “This will see high-value commercial ventures in hemp fibre, medicinal ingredients, indigenous ingredients, hops, gin botanicals, and high-value food crops get off the ground. “These ventures will diversify land uses, increase the business resilience of local farmers and growers, and bring new employment opportunities to the region across the value chain. “Phase two of Branching Out will undertake growing trials on farms and orchards, pilot product prototypes, and provide case studies as well as practical tools for implementation and ongoing support.”  Venture Taranaki director, of sector partnerships Anne Probert, says she is elated the region has secured the resourcing and funding to progress Branching Out. O’Connor says two new wool projects under SFF Futures aim to provide new high-value products and create new markets. “We’re backing New Zealand Cashmere GP Limited to succeed in its vision to develop a new high-value, sustainable, and innovative cashmere industry for New Zealand’s agricultural and textile sectors. SFF Futures is investing $900,000 and sector partners contributing $1.34m,” he says. New Zealand Cashmere GP is a specialist cashmere grower advisory company who is piloting its project in Otago and the North Island’s East Coast. “Six new farms are already signed up to integrate cashmere-producing goats into their existing farming operations, and will join 19 others in the programme,” O’Connor says. ]]> https://www.agrospectrumasia.com/news/47/223/aim-for-climate-smart-agricultural-food-solutions-through-30-innovation-sprints.html https://www.agrospectrumasia.com/news/47/223/aim-for-climate-smart-agricultural-food-solutions-through-30-innovation-sprints.html Tue, 22 Nov 2022 14:32:25 +0530 Initiative records investment commitments exceeding US$8 billion. The Agriculture Innovation Mission for Climate (AIM for Climate), a global initiative led by the UAE and the US with the support of over 275 government and non-government partners, announced commitments to channelling increased investments in climate-smart agriculture and food systems innovation from 42 countries and over 235 non-governmental partners with a total value exceeding US$8 billion. The announcement was made at a high-level event titled ‘From Sharm El Sheikh to the UAE and Beyond: Transforming Food Systems through Climate-smart Agriculture, organised by the UAE at its pavilion during the 27th UN Climate Change Conference (COP27), in Sharm El Sheikh, Egypt. In addition, the global initiative will see 22 new innovation sprints, bringing their total number to 30. Innovation sprints provide an opportunity for non-government partners to invest in specific, impactful, expedited efforts to drive the goals of AIM for Climate. Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, said, “AIM for Climate is helping countries make that shift and has managed to exceed its target of securing investment commitments in climate-smart agricultural innovation worth $8 billion. In addition, we are pleased to see our partner base more than triple – from 79 partners at COP26 to 275 at COP27.” She noted that food systems innovation is a key priority of the UAE’s National Food Security Strategy 2051. In this context, the country focuses on advancing R&D in saline agriculture and controlled-environment agriculture (CEA). Tom Vilsack, US Secretary of Agriculture, said, “AIM for Climate continues to be committed to spurring innovation in climate-smart agriculture and food systems to sustainably increase agricultural productivity and incomes, promote regenerative and sustainable practices, enable ways in which methane can be reduced and for fertilisers to be used more efficiently, and encourage us to learn, adapt, and support best practices to empower smallholder farmers around the world, especially from marginalized communities.” Officially launched at COP26, AIM for Climate galvanises support and investments for climate-smart agriculture and food systems innovation to enable solutions at the intersection of global hunger and the climate crisis. ]]> https://www.agrospectrumasia.com/news/47/217/chinas-water-conservancy-investment-reaches-142-b.html https://www.agrospectrumasia.com/news/47/217/chinas-water-conservancy-investment-reaches-142-b.html Mon, 21 Nov 2022 13:55:49 +0530 In the first ten months of this year, China completed investments worth 921.1 billion yuan in water conservancy projects, including 97.5 billion yuan in October. China's annual investment in water conservancy projects is expected to reach 1 trillion yuan around $142 billion for the first time in 2022, Vice Minister of Water Resources Liu Weiping told in a press conference. In the first ten months of this year, China completed investments worth 921.1 billion yuan in water conservancy projects, including 97.5 billion yuan in October alone. Since the beginning of this year, China has begun construction on 24,000 water conservancy projects with a combined investment of 1.15 trillion yuan, among which a record-setting 45 are major projects. Water conservancy construction projects created 2.26 million jobs during the first ten months, including 1.83 million for rural workers. The country will continue to advance such construction while ensuring quality and safety to help consolidate economic recovery, Liu said. ]]> https://www.agrospectrumasia.com/news/47/213/thai-cp-group-aims-more-investment-in-philippines.html https://www.agrospectrumasia.com/news/47/213/thai-cp-group-aims-more-investment-in-philippines.html Fri, 18 Nov 2022 17:21:25 +0530 CP Group is interested to invest in the Philippines’ aquaculture, rice and swine production. Thai conglomerate Charoen Pokphand (CP) Group has pledged to make additional investments in the Philippines in aquaculture, rice, and swine production, following a meeting with President Ferdinand R. Marcos in Bangkok, Thailand. According to the press statement of the Office Press Secretary, CP Group officials expressed interest in collaborating with the Philippines’ aquaculture, rice and swine production during the meeting with President Ferdinand R. Marcos in Bangkok. CP Group is Thailand’s largest private company with a $2 billion investment in the Philippines. The largest and the most significant Thai investment in Philippine Agriculture is Charoen Pokphand Foods Philippines Corporation (CPFPC), a subsidiary of Charoen Pokphand Foods Public Company Limited (CPF). CPFPC (Agriculture) started operations in the Philippines in May 2010 with a rented feed mill located in Guiguinto, Bulacan. In 2012, the company made additional investments in aquaculture and agro-business in the country. Aside from shrimp and fish hatchery farms, the company has built one of the most modern aquaculture feed mills in Bataan. The feed mill produces feeds for Tilapia, Catfish, Milkfish, and also shrimp feeds for Vanamei and Monodon. President Ferdinand R. Marcos pledged to improve the aquaculture industry in the Philippines, which he said is significant to achieving food security, especially since fishing serves as an important livelihood for Filipinos. ]]> https://www.agrospectrumasia.com/news/47/201/fao-china-ssc-programme-in-uganda-enters-phase-iii.html https://www.agrospectrumasia.com/news/47/201/fao-china-ssc-programme-in-uganda-enters-phase-iii.html Thu, 17 Nov 2022 17:02:48 +0530 To focus on establishing an integrated technology transfer base, developing high-yielding plans for rice and foxtail millet, aquaculture value chains and supporting livestock improvement programmes A highly successful South-South Cooperation (SSC) project between China and Uganda, supported by the Food and Agriculture Organisation of the United Nations (FAO), moved towards its latest stage today as a Chinese expert team prepared to deploy to Uganda to provide technical support for implementation of Phase III, which is now being launched. This new 3-year phase comes after an agreement signed in June of this year, under which Uganda agreed to provide nearly $10 million for the project. It is one of the most significant contributions of its kind by a Least Developed Country beneficiary nation for a SSC project to be implemented under the FAO-China SSC Programme. The first two phases –focused on crop and animal production – yielded dramatic results, including a quadrupling of rice production per hectare in the project areas, as well as increased milk production. This marked a break with years of low productivity, affecting the food security and livelihoods of more than 70 percent of Ugandans who depend on subsistence agriculture. With Uganda’s contribution , in addition to nearly $2.4 million provided by China, Phase III will focus on four main areas: establishing an integrated technology transfer base; developing high-yielding plans for rice and foxtail millet; supporting livestock improvement programmes; and developing aquaculture value chains. “The project in Uganda has taught us some key lessons that will allow us to further strengthen future projects under the FAO-China South-South Cooperation Programme,” FAO Deputy Director-General Beth Bechdol said in remarks via video at the launch event. “The commitment of the Governments of China and the Uganda, have been and will continue to be key factors for the successful implementation of the project,” she added. ]]> https://www.agrospectrumasia.com/news/47/194/bangkok-progresses-in-becoming-foodtech-silicon-valley.html https://www.agrospectrumasia.com/news/47/194/bangkok-progresses-in-becoming-foodtech-silicon-valley.html Wed, 16 Nov 2022 17:42:53 +0530 NIA encourages investment opportunities for the Thai food sector and encounter global food security crisis through Space – F Project The National Innovation Agency (NIA) (Public Organisation), Thailand or NIA targets to stimulate the use of deep tech as the main engine to drive Bangkok towards becoming the FoodTech Silicon Valley – an innovative food hub of Southeast Asia and the world. Dr Pun-Arj Chairatana, Executive Director of NIA said that the deep-tech business in food and agriculture continues to enjoy its equal growth as the e-commerce and fintech worldwide, the food companies in Thailand also relish robust supply chains. FoodTech startup incubation and acceleration is the key to secure global food security goals, as well as help drive Bangkok in becoming "FoodTech Silicon Valley" or "Food Innovation Hub of Southeast Asia and the World". Dr Pun-Arj is confident that Thailand's capital will contribute as an important meeting ground for startups and investors in advanced food technology from around the world. Bangkok will also serve significantly as a locally-sourced raw material development centre.  Thailand has sufficient raw material to serve growing demands, the country also has a top-notch logistics service. These attributes make the Thai food industry exceptional and position Thailand as the kitchen of the world. The utilisation of innovation and technology in the food industry is not diverse and still lacks research and development. The NIA, therefore, stepped in to encourage the use of innovation in this particular industry. Intending to feed the world through innovation, the 'SPACE-F' project was initiated in 2019 to incubate and accelerate the growth of FoodTech startups in Thailand. The project brings together FoodTech startups and corporates through innovative mentorship, business connections, and a co-working program.  ]]> https://www.agrospectrumasia.com/news/47/191/egypts-gafi-receives-unctads-award-for-promoting-sustainable-investment-in-agribusiness.html https://www.agrospectrumasia.com/news/47/191/egypts-gafi-receives-unctads-award-for-promoting-sustainable-investment-in-agribusiness.html Wed, 16 Nov 2022 10:59:39 +0530 GAFI received the award for facilitating the Canal Sugar Company, a joint venture between investors in the sugar industry from the United Arab Emirates and Egypt. United Nations Conference on Trade and Development (UNCTAD) has awarded investment promotion agencies (IPAs) from, Egypt, Brazil, and Lesotho for excellence in promoting sustainable investment in agriculture, contributing to food security and development. Egypt’s General Authority for Investment and Free Zones (GAFI) received the award for facilitating the Canal Sugar Company, a joint venture between investors in the sugar industry from the United Arab Emirates and Egypt. The project is in line with Egypt’s 2030 sustainable development vision to achieve food security while adapting to climate change using smart agriculture systems. The project is expected to create 50,000 jobs and aims to make Egypt self-sufficient in sugar production. It includes a training academy for local farmers to help them increase their yields and minimize the use of water and fertilizers. The Brazilian Trade and Investment Promotion Agency received the award for its Scale Up programme designed to attract international tech companies by providing business services and finance opportunities. The programme carried out in partnership with Israel Trade and Investment, the Japan External Trade Organization and Enterprise Singapore has facilitated the establishment of 15 companies in Brazil. The Lesotho National Development Corporation won the award for its initiative to launch the Maluti Fresh Market Produce, a one-stop marketing and product handling facility. ]]> https://www.agrospectrumasia.com/news/47/185/the-rockefeller-foundation-announces-grants-to-scale-indigenous-and-regenerative-agriculture-practices.html https://www.agrospectrumasia.com/news/47/185/the-rockefeller-foundation-announces-grants-to-scale-indigenous-and-regenerative-agriculture-practices.html Tue, 15 Nov 2022 11:59:24 +0530 These grants will establish the foundation to rapidly scale regenerative approaches by 2030. During the 27th United Nations Climate Change Conference (COP27), The Rockefeller Foundation announced more than $11 million in grants to ten organizations scaling Indigenous and regenerative agriculture practices around the world.  The evidence makes clear the central role food systems can play in mitigating climate change. The funding will help scale the development, data analysis, financing, and education around regenerative agricultural practices, which can improve global food systems and mitigate the global food crisis. Regenerative agriculture, a process with roots in Indigenous traditional ecological knowledge and food systems, takes a holistic approach to production that starts with the soil and includes the health of people, animals, and the environment. Together, these grants will establish the foundation to rapidly scale regenerative approaches by 2030 from Indigenous agroforestry in the Amazon to carbon-market financing of smallholder farmers in Africa and elsewhere. “Regenerative agriculture offers a needed alternative to dominant, extractive food systems that have threatened people and planet alike,” said Sara Farley, Vice President of The Rockefeller Foundation’s Global Food Portfolio. “Our goal is to develop the know-how, networks and innovations needed to realize the full potential of regenerative agriculture at a moment of crises and climate change.” Food systems produce about one-third of global greenhouse gas emissions, and agricultural expansion accounts for almost 90 per cent of global deforestation. Conversely, new research finds that transitioning to more sustainable food systems could contribute about 20 per cent of the global mitigation needed by 2050 to keep temperature increases below the 1.5°C target. This change could also improve the nutrition and health of 3.1 billion people who currently cannot afford a healthy diet. The flagship grant is to the Meridian Institute, which will expand upon the work of Regen10, a global coalition galvanized to answer the question of what it would take to produce 50 per cent of the world’s food in ways that benefit people, nature, and climate by 2030. This effort will directly support food producers and landscape stewards to adopt and scale regenerative practices and work collaboratively with other organizations to better define and measure the impacts of regenerative agriculture. By bridging outcomes measurement with landscape-level demonstrations, Regen10 will support landscape leaders practising or advancing regenerative agriculture to access financing, technical assistance, and data. ]]> https://www.agrospectrumasia.com/news/47/182/uae-launches-green-business-toolkit-2-0-at-cop27.html https://www.agrospectrumasia.com/news/47/182/uae-launches-green-business-toolkit-2-0-at-cop27.html Mon, 14 Nov 2022 15:01:33 +0530 The UAE Green Business Toolkit 2.0 seeks to benefit from the business sector’s increasing awareness about the importance of achieving net zero and building a low-carbon economy. The Ministry of Climate Change and Environment (MOCCAE) introduced the second edition of the UAE Green Business Toolkit in partnership with the Global Green Growth Institute (GGGI), as part of its participation in the 27th United Nations Climate Change Conference (COP27), held in the Egyptian city of Sharm El Sheikh. The move aligns with the UAE’s pathway to net zero and supports sustainable economic development. The launch took place during a session, headlined by Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, and moderated by Helena McLeod, Deputy Director-General of GGGI. Almheiri said, “Our ability to tackle the challenge of climate change and deliver tangible results in its mitigation and adaptation depends on the active participation of all sectors in our net-zero efforts. Therefore, the UAE prioritises private sector engagement in all its future plans. The Toolkit is part of MOCCAE’s efforts to enhance the contribution of private sector companies to the fight against climate change by adopting green and sustainable practices in line with the objectives of the UAE Net Zero by 2050 Strategic Initiative.” The UAE Green Business Toolkit 2.0 seeks to benefit from the business sector’s increasing awareness about the importance of achieving net zero and building a low-carbon economy. The UAE Green Business Toolkit 2.0 outlines 92 measures businesses can take to become greener, such as switching to clean sources of energy, electrifying the company vehicle fleet, and replacing conventional raw materials with low-carbon alternatives. The second edition of the Toolkit supports the country’s ambition to reduce GHG emissions to net zero by 2050, as well as the Principles of the 50, the UAE Green Agenda 2015-2030, and the National Climate Change Plan of the UAE 2017-2050. The UAE Green Business Toolkit 2.0 aims to build on the capacity of companies to adapt to a global economy in transition and mobilise the private sector to dedicate resources to contributing to the country’s climate targets. ]]> https://www.agrospectrumasia.com/news/47/180/iffco-cg-corp-launches-nano-urea-in-nepal.html https://www.agrospectrumasia.com/news/47/180/iffco-cg-corp-launches-nano-urea-in-nepal.html Mon, 14 Nov 2022 13:13:14 +0530 IFFCO CG Corp launched Nano urea in Nepal to boost crop cultivation and increase productivity. Former Union Minister of India Suresh Prabhu launched the product at an event in Kathmandu.  IFFCO’s Marketing Director Yogendra Kumar, Nirvan Choudhary, MD, CG Corp, Nepal were also present. IFFCO MD Dr U.S. Awasthi announced it on their official tweeter handle.   To make Nano urea available to the farmers in Nepal, IFFCO has tied up with the leading company C G Corp- a leading enterprise comprising over 160 companies and 123 brands in the global market with a strength of over 1500 employees. C G Corp is a company born and growing in Nepal with an aim to take Nepalese businesses to the world. Its bear recalling that Nano Urea has already made its mark in several foreign countries. ]]> https://www.agrospectrumasia.com/news/47/169/the-first-international-date-festival-opens-in-mexico.html https://www.agrospectrumasia.com/news/47/169/the-first-international-date-festival-opens-in-mexico.html Thu, 10 Nov 2022 17:40:22 +0530 17 date producers from the UAE, Jordan, Egypt, Sudan, and Mauritania have participated. The first International Festival of Mexican Dates is inaugurated in San Luis Rio Colorado. Victor Villalobos Arambola, Minister of Agriculture and Rural Development of the United Mexican States inaugurated the festival. 17 date producers from the UAE, Jordan, Egypt, Sudan, and Mauritania have participated in the Festival. Minister Villalobos expressed his happiness for the valuable cooperation between the two friendly countries, the UAE and Mexico at various levels. He extended his thanks and appreciation to Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of the Presidential Court, for his support of the festival and the development of Mexico’s agricultural date palm sector. He also expressed his hope that this festival would be the first of an ongoing fruitful cooperation between the Ministry of Agriculture in Mexico and the General Secretariat of Khalifa International Award for Date Palm and Agricultural Innovation to enhance food security and achieve sustainable development. Al Menhali Ambassador of the UAE to Mexico highlighted the fact that the First Mexico International Festival confirmed the depth of the bilateral relations between the two countries and the close cooperation that links its people. Abdelouahhab Zaid, Secretary-General of Khalifa International Award for Date Palm and Agricultural Innovation, indicated that the award has achieved tangible success in organising a series of date festivals that exceeded 30 in the UAE, Arab Republic of Egypt, Hashemite Kingdom of Jordan, Republic of Sudan, Islamic Republic of Mauritania, and the Kingdom of Morocco. ]]> https://www.agrospectrumasia.com/news/47/139/arab-authoritys-investment-in-uae-projects-worth-1-55-b.html https://www.agrospectrumasia.com/news/47/139/arab-authoritys-investment-in-uae-projects-worth-1-55-b.html Fri, 04 Nov 2022 12:20:39 +0530 Mohamed bin Obaid Al Mazrooei, President and Chairman of the Arab Authority for Agricultural Investment and Development (AAAID), said that the total value of the authority’s investments in current projects in the UAE is valued at US$1.55 billion while lauding the progress of the smart projects launched in the country’s agricultural and food industry sectors. Al Mazrooei said these investments include the establishment of the Al Rawabi Dairy Company in 2001, which is the first project in the UAE that received investment from the authority. The authority has cooperated with investors from the private sector to engage in agricultural projects related to irrigation in the UAE and Saudi Arabia, as well as fish farming projects in Gulf Cooperation Council (GCC) countries, he added. The authority is currently involved in six fish farming projects, including new ones in the UAE. He explained that under this framework, the authority is evaluating several investment opportunities in Saudi Arabia, including investing in the expansion of a pioneering company involved in fish farming that would improve its current work, increase its production capacity by about 5,000 tonnes and add new types of fish. Al Mazrooei also spoke about the authority’s focus on a wide range of food products, most notably grains, meat, dairy products, vegetable oils and sugar. He added that wheat is an important grain crop, so the authority has jointly launched agriculture projects related to wheat with small-scale farmers. Some 13,000 hectares of wheat will be planted during the winter season in 2022 and 2023 in the fields of small-scale Sudanese farmers, he further said. In addition, the authority has launched an initiative to deal with shortages of key food products in the Arab region, including wheat. He then highlighted the importance of wheat to Arab communities since it is a critical crop that offers essential nutrition, helps maintain stability, and contributes to eradicating poverty and diseases. Al Mazrooei commended the UAE’s keenness to establish agricultural projects based on comprehensive food management by applying sustainability standards to double food production. He highlighted the Food Tech Valley project launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and the Bustanak project. ]]> https://www.agrospectrumasia.com/news/47/40/india-uae-sign-cepa-to-boost-goods-trade-to-100-billion-over-next-five-years.html https://www.agrospectrumasia.com/news/47/40/india-uae-sign-cepa-to-boost-goods-trade-to-100-billion-over-next-five-years.html Thu, 25 Aug 2022 12:23:45 +0530 APEDA signs MoU with DP World & Al Dahra on the UAE side regarding ‘Food Security Corridor Initiative’ India and UAE signed the historic Comprehensive Economic Partnership Agreement (CEPA) aimed at boosting the merchandise trade between the two countries to $100 billion over the next five years. The deal was signed during the virtual summit meeting between Prime Minister of India, Narendra Modi and HE Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi. Emphasising that CEPA would generate 10 lakh jobs across multiple labour-intensive sectors, the minister said that major sectors like agriculture and food products, textiles, leather, footwear, furniture, plastics, engineering goods, pharmaceuticals, medical devices, sports goods etc. will benefit from this deal and create large scale, employment for our young boys and girls. Several other agreements were also signed today between the two nations, including an MoU between APEDA and DP World & Al Dahra on the UAE side regarding ‘Food Security Corridor Initiative’ and an MoU between GIFT city (IFSCA) and Abu Dhabi Global Market (ADGM). ]]> https://www.agrospectrumasia.com/news/47/39/centre-decides-to-lift-price-capping-of-raw-jute.html https://www.agrospectrumasia.com/news/47/39/centre-decides-to-lift-price-capping-of-raw-jute.html Thu, 25 Aug 2022 12:19:49 +0530 It is expected that the cap removal will help the farmers, mills and jute MSME sector Government of India after careful examination of the market dynamics of raw jute trade has lifted price cap of Rs 6500 per quintal for TD5 grade of raw jute fixed w.e.f. September 30, 2021 on purchase of raw jute by the jute mills and other end users. Jute Commissioner Office has been collecting the information about the raw jute prices through formal and informal sources and found that the present prices are ruling near the capped price. As the existing prices of raw jute are ruling around Rs 6500 Government of India has taken a dynamic decision to lift the price capping w.e.f. May 20, 2022. It is expected that the cap removal will help the farmers, mills and jute MSME sector wherein over seven lakhs people are dependent on the jute trade in addition to about 40 lakhs jute farmers. The decreasing trend in prices will also benefit jute goods exports which constitute about 30 per cent of the industry’s turnover in value terms. ]]> https://www.agrospectrumasia.com/news/47/38/indias-textile-exports-cross-44-bn-in-fy-2021-22efbfbc.html https://www.agrospectrumasia.com/news/47/38/indias-textile-exports-cross-44-bn-in-fy-2021-22efbfbc.html Thu, 25 Aug 2022 12:18:04 +0530 The US was followed by EU, Bangladesh and the UAE India scaled its highest ever exports tally at $44.4 billion in Textiles and Apparel (T&A) including handicrafts in FY 2021-22, indicating a substantial increase of 41 per cent and 26 per cent over corresponding figures in FY 2020-21 and FY 2019-20, respectively. The US was the top export destination accounting for 27 per cent share, followed by EU (18 per cent), Bangladesh (12 per cent) and the UAE (6 per cent). In terms of product categories, the export of cotton textiles was $17.2 billion with 39 per cent share registering a growth of 54 per cent and 67 per cent during 2021-22 over FY 2020-21 and FY 2019-20, respectively. Export of Ready-Made Garments was $16 billion with 36 per cent share showing a growth of 31 per cent and 3 per cent during 2021-22 over FY 2020-21 and FY 2019-20, respectively. Man-made textiles export was $6.3 billion with 14 per cent share which shows a growth of 51 per cent and 18 per cent during 2021-22 over FY 2020-21 and FY 2019-20, respectively. ]]>