China to Loan Nigeria US$4.5 Billion for Agriculture Projects

The Peoples Republic of China has said it will lend Nigeria $4.5 billion to boost local agriculture. The loan is to enable Nigeria purchase farming tools including tractors, bulldozers, graders, irrigation pumps, amongst others…Full Article: AllAfrica Apr 2017 Key Point The US$4.5 billion loan will have a 20 year repayment term and moratorium of 5

Belarus and China to Deepen Cooperation on Farm Machinery Projects and Sales of Confectionery Products

Harbin Deputy Agriculture Mayor Zhang Wanping, the head of the official delegation of the People’s Republic of China to Belarus, expressed interest in setting up joint companies with Belarus to produce farm machinery and confectionery during a meeting with the Gomel authorities, BelTA has learned…Full Article: Eng.belta.by Mar 2017 Key Point According the head of

DJI Technology to Upgrade its Agras MG-1 Agricultural Drone

DJI Innovation Technology Co, China’s largest commercial drone manufacturer, launched an upgraded agricultural drone, the MG-1S on Monday [22 November 2016] and announced a series of financial services to support the drones’ purchasing, operation and related training. Equipped with an advanced flight control system, radar and sensors, the MG-1S represents a breakthrough in flying stability,

Zhejiang Province to Looks to Replace More Farmers with Machines Amid Modernization Push

China has chosen one of its most affluent provinces, Zhejiang, to pilot the strategy of replacing farm laborers with machines. Zhejiang agricultural department confirmed on Monday [10 October 2016] that the province has set a timetable of becoming a paradigm of modern agriculture by 2020…Full Article: The Global Times Oct 2016 Key Point By 2020,

Jilin Grain Group to Receives US$1.5 Billion from Hubei-based Investment Company to Expand its Business

State-owned Jilin Grain Group Co Ltd, the largest grain trader in northeastern China by sales revenue, will use 10 billion yuan ($1.5 billion) of new investment to add new types of businesses this year, including agricultural insurance, machinery manufacturing and pesticides…Full Article: China Daily Aug 2016 Key Point Founded in 2010 and headquartered in Wuhan,

YTO China-Africa Machinery Corporation to Supply Nigeria with 80,000 Tractors

Following the move to achieve mechanized farming in Nigeria, a Chinese company, YTO China-Africa Machinery Corporation, CAMACO, has concluded plans to supply 80,000 tractors to farmers…Full Article: All Africa July 2016 Key Point Nigeria and its participating states signed a MoU with China-Africa Machinery Corporation (CAMACO). The Nigerian States of Sokoto, Zamfara, Jigawa, Kastina (northern

Argentinian Farm Machinery Company Working with Shandong-based Tractor Manufacturer

Argentina, one of the world’s leading agricultural producers, seeks to integrate its agricultural machinery manufacturing industry into the global value chains with China’s help. The Giorgi plant is one of such manufacturers. Founded in 1958 by brothers Santos and Quinto Giorgi in the town of Fuentes in the province of Santa Fe, the plant began

Drone Manufacturer, DJI Technology, Signals Potential Strategic Shift Away From Intel and Qualcomm Produced Computer Chips

The fast-growing consumer drone industry should not copy the model of personal computer and smartphone businesses where one chip company controls nearly the whole market, said a senior official from DJI Technology Co Ltd. “If only one company controls nearly the whole market with excessively high royalty payments, it will harm technology innovation of the

Shenzhen’s DJI Technology to Jumpstart Agricultural Drone Use Nationwide

The nation’s largest commercial drone manufacturer is setting up a vast service network to expand the use of agriculture-specific unmanned aerial vehicles, the company said on Monday [21 March 2016]. The Shenzhen-based DJI Innovation Technology Co said it will train 10,000 people across the country to operate the drones and set up 100 after-sales service