by AgroWeb on June 28, 2016

ProCredit promotes regional market share for its Albanian clients

 SMEs are so vital to the Albanian economy. They represent over 95% of total businesses, employ 83% of the workforce and generate 75% of country’s annual GDP. Despite being such a driving force, Albanian SME’s lack networking opportunities. Committed to expanding SME’s potential by promoting regional co-operation and development, the German ProCredit group brought together ...

by AgroWeb on June 24, 2016

Micro Finance: Who wants to farm

Agriculture is starting to become a cool thing in Albania. That cool that the European Union and Micro Finance Institutions have gathered their forces and give 22 million Euros in loans through micro financing for Albanian farmers and young people of 18-35 years old which want to invest in the sector. Even though agriculture has long had an image problem, with the majority thinking of it only as ...

by AgroWeb on June 22, 2016

Insurance in Agriculture: Hope for 757 farmers

A freak gust of wind blew off his greenhouse. It happened once. It happened twice. It happened thrice. Left hopeless in the midst of the ruins, Roland Nushi a farmer from Lushnje knew that he couldn’t fight nature. “You cannot control the wind. It just blows off all your investments and your hopes”, he says to Agroweb. But what Nushi could certainly control, is the insurance of ...

by AgroWeb on June 15, 2016

How much money the world historically gave to Albania

Foreign aid it’s like a mask of oxygen for a dying economy. And Albania throughout its modern history, with the exception of the disastrous “self-reliance" period in the 1970s and 1980s, has relied on foreign aid to achieve economic growth. In contradiction to what Nobel Prize laureate, Angus Deaton believes, that foreign aid does more harm than good and hurts rather than help ...

by AgroWeb on June 13, 2016

Albanian women – “Rule the business”

If an economy runs like an engine, ask yourself why so many of these engines are running only at half speed? Too many emerging economies are ignoring the skills and potentials of half of their workforce; the one of women. They create more jobs, a growing economy and healthier happier people. Nothing feministic here, just a question of equality. Even though we are far from singing Beyoncé&...

by AgroWeb on June 10, 2016

China slips quietly into Albania

Albania has become a hunting ground for Chinese companies keen to take control of prized companies such as Tirana International Airport, Bankers Petroleum and Arber Road and overlooking other important sectors such as tourism and agriculture. In December 2014, the construction of one of the most important segments of the Arber Road was awarded to “China State Company”. The new two-...

by AgroWeb on June 9, 2016

Albania Agriculture: the hot ticket for growth

The European Union sees Agriculture as a hot ticket for Albania’s growth. The sector could turn to be the powerhouse of the Albanian economy. To set this in stone in the next four years Albania will receive 71 million euro funds (2016-2020) from the European Union, while together with the national co-financing and the private sector's contribution the total investment figure in agriculture ...

by AgroWeb on May 25, 2016

Justice reform fear hits Foreign Direct Investments

Imagine that you are an entrepreneur somewhere in Northern Europe. Things are going very well for your business. You have a turnover of let’s say 1 billion Euros and have the competition on your heels. You feel like a hidden hero, and want to come up and expand. What you do in this case, is look at new opportunities and new market to invest. Let’s say you look at Albania. What would...

by AgroWeb on May 3, 2016

New Facilitating Measures Introduced to Boost Agribusinesses

The facilitative scheme introduced by the Albanian Minister of Finance Arben Ahmetaj includes additional measures part of the agriculture package drafted and approved by the government in the autumn of 2014. The compensation scheme for farmers was extended from 6% to 20% in 2014, providing a direct stimulus for Albanian farmers enabling the expansion of their production activities. “This ...

by AgroWeb on May 13, 2016

EBRD: Energy sector to boost Albania economically

EBRD has trimmed down the projection for growth for many countries, while maintained its projection for Albania's gross domestic product (GDP) growth at 3.3% in 2016 and projected a 3.5% expansion for 2017. EBRD sees the Albanian economy picking momentum, but that still will require an active fight against informality and reduction of non-performing loans which is critical for restoring credit ...

by AgroWeb on May 6, 2016

Yngve Engstrom: Fight corruption to save the economy

Justice Reform is undoubtedly a current hot-button topic in Albania. It is political. It is social. And it is economical. For Yngve Engstrom, high EU official, and Head of Cooperation at the EU Delegation to Albania this is one of the most ambitious reforms since the end of communism and corruption the worst problem that affects the Albanian economy. In fact is not too much of a stretch to ...

by AgroWeb on April 13, 2016

Kosovo-Albania a joint venture in agriculture

It's hard to know what to trust on April Fool's Day as there are many stories that seem rather strange but are in fact genuine. The first tweets that Kosovo had officially signed the Stabilization Association Agreement with the European Union would have passed easily for a prank on April 1st , if it weren’t for the High Representative of EU, Federica Mogherini to announce the big news ...

by AgroWeb on April 20, 2016

Organic Pesticides a Novelty in Albania

Every person consumes approximately 4 liters of pesticides a year. 400 chemical residues remain on our body. More than 3,000 chemical additives are collected in the food we eat. If you are curious to know what they do to your body, just keep reading. All these chemicals, according to researchers can "cloud" the mind, trick the senses, also cause or contribute to a wide range of diseases...

by AgroWeb on April 22, 2016

Tomatoes star product of Albanian exports

Tomatoes and cucumbers were the star products and the point of strength of Albania’s agro-food exports in 2015, totaling 21 million Euro or 3 billion ALL in sales, reported the Ministry of Agriculture. With over 57.000 tons earmarked for export in 2015 compared to 34.000 in 2014, Albanian tomatoes continue to increase their role as the Ambassador of Made in Albania products and of the ...

by AgroWeb on April 21, 2016

God Save the Green

One of the questions people most frequently ask themselves is whether their individual actions truly make a difference. If you choose to recycle, compost, don’t cut trees, reduce consumption and refuse plastic bags, does it have an effect? Does it matter at all? Will it do anything to eliminate the great garbage patch and have more green around us? The answer is yes. Now, is choosing to ...

by AgroWeb on November 21, 2015

Abnormal Weather Boosts Albanian Crops

Fall’s temperature was the most above-normal autumn period in history, recorded as the hottest ever observed. Here we got a typical case when the bad news could turn out a good one as well. As bad news comes first; Earth is already halfway to the danger zone (link). But hold on. Let’s keep it local here as the silver lining emerges from the clouds. Why good news for Albanians? The ...

by AgroWeb on November 27, 2015

The Challenges of Organic Albania

The organic sector seems to be in vogue. Paying $3 for a serving of salad might seem outrageous, but people are willing to pay 10, 20 or even 40 percent more for certain grocery store items, if the food is produced organically. Consumers cite many reasons for buying organic, most of them involving the perception that organic food is more nutritious, better for the environment, or is in some other ...

by AgroWeb on March 5, 2016

Spring is the new summer for stone fruit crops

When you're shopping for fruit these weeks, don't be surprised if you see peaches and apricots. Spring is the new summer for traditional hot-weather crops such as stone fruit. In Peshkopi and Korça the cherries have already blossomed, sign soon we might have the beloved fruit in advance. Courtesy of climate change.  Usually, the season for fruits like cherries and plums is awfully ...

by AgroWeb on April 4, 2016

TAP and the economic boost to Albania

It was spring of 2007 when gathered around a table in Baku, Azerbaijan, high EU officials decided to take one of the biggest decisions that would change the fate of many countries, economic and political wise. They decided to cut the dependency with Russia over gas by opening the way for a multi-billion infrastructure project that would supply Europe with a new gas source. That spring the love ...

by AgroWeb on April 6, 2016

Albania tries to get back its forests

Typically, countries start in poverty with their land covered in trees. As they clear it for farms or other business purposes, they get richer until alarm bells ring and they attempt to recover their losses. This picture perfectly depicts Albania, as one of the world's countries worst hit by deforestation. Woodlands that covered 51 percent of its territory prior to 1990 have now receded to 25 ...