Nigerian tomato firm secures €3.9m financing

Tomato Jos, an agro-processing company focused on the local production of high-quality tomato paste for the African market, has completed a €3.9 million Series A round. Tomato Jos was founded by Mira Mehta in 2014 with the vision to create and retain local value-add to the tomato value chain, reduce post-harvest losses, and improve the lives of smallholder farmers. Africa Business Community reports that since its inception, Tomato Jos has focused on securing its supply chain through primary production. The combined €3.9 million Series A funding boosts the transition to…

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Tomato farmers lose N10bn to importation

  Tomato Growers Association of Nigeria (TOGAN), said the group lost over N10 billion this season alone as a result of non-implementation of the Federal Government policy on tomato.Speaking in a recent press conference organized by the group in collaboration with Nigeria Agribusiness Group, in Lagos, Secretary-General of TOGAN, Sani Danladi Yadakwari said lack of infrastructure which includes packing houses, storage warehouses and functional dams in rural farming communities, farmers lose over 40 per cent of their expected production.   According to Yadakwari available data at the Ministry of Agriculture…

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Tomato processors laud FG’s agric policy on local farmers

  The Federal Government’s agricultural policy has enriched more farmers in the last two years, the National Tomato Growers, Processors and Marketers Association of Nigeria has said. Its National Organising Secretary, Adamu Musa, stated this in an interview in Mararaba, Nasarawa State. He said that the policy of the Federal Government on agriculture had awakened the consciousness of many Nigerians that the country could only be sustained through agriculture. Musa said that the acceptance and participation of Nigerians in the Federal Government agricultural policy had made many farmers richer in…

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Tomato paste import: Protect local investors, MAN tells FG

  The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to protect the huge investments by local firms in tomato production in the country by reducing the importation of concentrated tomato paste. Its President, Dr. Frank Jacobs, in a chat with New Telegraph, insisted that government, through its tomato policy, must regulate the massive importation of concentrated tomato paste, which is killing local industries producing tomato paste in Nigeria. According to him, there is need for government to check the continued importation of concentrated tomato paste into the…

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Trade: Nigeria, others to benefit from new certification rule

  Nigeria and other countries in West Africa are set to gain from international competitiveness in product certification as three certification bodies have just obtained international recognition of their competence to certify products vis-à-vis national and international standards. The development has been described as an important step in enhancing the region’s companies’ competitiveness internationally. According to report by Africa Business Community, the lack of internationally recognised conformity assessment bodies in West Africa hinders access to international markets for products of the region. It noted that certifying products were in compliance…

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Post-harvest crisis: Tomato yield drops by 40% –Report

African nations spend $35 billion annually on food importation There are indications that poor post-harvest practices have led to 40 per cent loss in tomato yield in Nigeria. The figure was revealed in a report by Rockefeller Foundation. Consequently, the poor post-harvest practice caused Nigerian economy about N170 million in revenue loss. The foundation stated that about 40 per cent of the nearly two million tons produced annually in the country were damaged before getting to the market. The report revealed that there was need for the Federal Government to…

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