Agriculture (198)

Some farming areas in Namibia are faced with severe forage scarcity, especially grazing materials due to overgrazing and drought conditions.

According to a study conducted by the Namibian Agronomic Board, Namibia ‘s fruit production sector accounts for about 4% of local production (a mere 732 tons) compared to an estimated 20 282tons imported from other countries to meet local demand.

The third quarter (Q3) of 2023 has seen a 102.65% increase in beef exports of 6,343 tonnes, surpassing the 2022 performance under the same period.

The agriculture ministry is creating a new structure within the ministry to oversee the implementation of green scheme projects in Namibia. 

The finance ministry has voiced its continued support for the Meat Corporation of Namibia (Meatco),  saying the development of its operational turnaround strategy is at an advanced stage.

Namibia’s agricultural sector, including fisheries, is likely to contract by 3.5% this year, in stark contrast to the 2.6% expansion observed in 2022, PSG Wealth says.

Farmers in the country say escalating input costs continue to weigh negatively on their production and called for the government’s intervention to ease challenges faced by the sector.

Namibia's fish and aquatic exports, including fish, crustaceans, molluscs, and other aquatic invertebrates, reached a total value of N$1.2 billion in August with the majority of exports destined for Spain.

The Agricultural Bank of Namibia says it disbursed N$284 million in loans to 564 clients for the financial year ended 31 March. This is a significant increase from the N$194 million reported in FY2022.

The Ministry of Agriculture, Water and Land Reform says it is working on an Irrigation Master Plan to enable the government to keep track of progress in developing additional hectares of land under irrigation. 

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