Africa, Business, invesment, Invesments, news, Uncategorized, World Bank, World Bank Group

Africa News January 13, 2014 at 09:06AM

this blog is spored BY reflex Eco Group

VENTURES AFRICA- Blumberg Grain, a leading US-based food security company has been contracted by the Democratic Republic of Congo (DRC) to provide grain warehousing services to its farmers after signing a similar contract with the Nigerian Ministry of Agriculture to expand the country’s food security and storage.

Blumberg Grain’s project in DRC includes the installation of the company’s Grain Vault product line with integrated security systems.

“This initial DRC order represents another important deployment of Blumberg Grain’s food security storage and systems,” Blumberg Grain West Africa CEO, David Blumberg said.

He noted that throughout Africa, governments emphasize the need to lower post-harvest losses in order to increase farmer incomes and boost agricultural output.

“That’s a key focus of Blumberg Grain’s food security systems,” he said.

Philip Blumberg, CEO of Blumberg Capital Partners, said his company also looks forward to investing in processing plants, cleaning, drying and packaging facilities in the DRC.”

Blumberg Grain works with private companies and countries to modernize agricultural value chains, increase the quality and marketable output of their harvests, enable efficient market timing, and significantly boost exports of agriculture products.

According to the company, its food safety and security infrastructure and warehousing can reduce post-harvest losses of grain, produce, and other perishables to 5 percent or less.

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