Obinna Onwuasoanya is a tech reporter of over five years, fiction writer, SEO expert and an editor. He is based in Lagos, Nigeria, and was previously shortlisted for the Writivism Short Story Prize 2018.
Within three months of 2020, the country imported 970k tons of raw sugar, its reliance on imports as against local production is responsible for the sector's dwindling value to its economy.
Unlike many other countries, Japan has relied the most on services like tourism for its earnings with agriculture contributing only a little over 1% for the past decade.
Agritech companies received a total of $561 million investments in 2022 while foodtech saw $1.3 billion, marking a YoY growth of 4.66% and 30%, respectively.
If farmers abandon wheat farming at the rate that analysts are projecting, the US could see more decline in wheat production than it initially expected.