Fertiliser manufacturer OmniaHoldings says African governments are increasing support for smallholder farmers amid fears that input costs, driven higher after Russia’s invasion of Ukraine. Moneyweb Heps Omnia
Fertiliser manufacturer Omnia Holdings says African governments are increasing support for smallholder farmers amid fears that input costs, driven higher after Russia’s invasion of Ukraine, could cut crop production and worsen food insecurity. Omnia supplies fertiliser to both commercial and smallholder farmers in several sub-Saharan African countries, including South Africa, Zimbabwe, Zambia, Mozambique, Kenya and Tanzania.
Aid agencies have warned that rising input prices could force Africa’s smallholder farmers to reduce plantings of staple grains such as maize, worsening a food crisis in a region where millions have already been plunged into extreme poverty by Covid-19, armed conflicts and climate shocks. Omnia Holdings chief executive officer Seelan Gobalsamy told Reuters in an interview that fears of fertiliser shortages as a result of the conflict were driving demand ahead of the planting season.
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