Tag: African news

Download logoThe African Development Bank (www.AfDB.org) and the International Fund for Agricultural Development (IFAD), in partnership with the Forum for Agricultural Research in Africa (FARA) and the CGIAR System Organization, today pledged to work closely with African leaders to address rising hunger on the continent and shore up adequate financing to transform and modernize Africa’s food production. The impact of climate change, rising fragility and conflict, and locust invasions in East and Southern Africa is taking a toll on the continent. A two-day high-level dialogue will focus on modernizing food production, making African agriculture more business oriented, and strengthening agriculture value chains. Finding solutions will require strong backing from governments, develo...

Download logo“If we must satisfy Africa’s food security with our growing population, then there must be high commercialization of agriculture. That is modern farming.” – Ayotomiwa Yinka Ogunsua, poultry farmer When Ayotomiwa Yinka Ogunsua got a job as a loan officer at a microfinance bank in Ibadan, Nigeria, after graduating from university, he thought he’d done well for himself. Then, he spotted an online advertisement for a youth agricultural training program and signed up, owing to his interest in farming as a hobby. Selected to interview for a place in the poultry rearing course, Ogunsua promptly quit his bank job and, he says, prayed he would get in. “I knew I wanted to follow my passion for agriculture full-time,” the 29-year-old Nigerian sa...

Returning for its third year, the ground-breaking US$100,000 GoGettaz Agripreneur Prize Competition (http://GoGettaz.africa) continues to inspire agrifood entrepreneurs from Cape Town to Cairo to use their energy, courage and creativity to solve the biggest problems facing Africa’s food systems. Launching on 19 April 2021, this year’s competition aims to expand the GoGettaz community of agripreneurs, providing them with access to education, mentorship and investment networks as they launch, grow, or scale their agrifood ventures. The GoGettaz Agripreneur Prize Competition is open to African citizens between 18 and 35 years old who are founders or co-founders of social or commercial agrifood businesses headquartered in Africa. After a challenging selection process ending in a g...

Download logoThe ECOWAS Commission is set to organize, from 28th April to 10th May 2021, by videoconference, an international conference to share with its partners and the other regions of the world, the experience of its regional food security storage system. The official opening ceremony, which is scheduled to take place on Wednesday 28th April 2021 at 12:00 GMT, will be broadcast live on the Facebook page of the ECOWAS Regional Agency for Agriculture and Food (RAAF) and those of the ECOWAS Commission and its Directorate for Agriculture and Rural Development. The overall objective is to lay the foundations for a renewed multilateral partnership to strengthen, in a sustainable manner, the resilience of the West African Food Security Storage System and its capacity to respo...

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB) and the Republic of Cameroon have signed on April 12, 2021 two agreements in a virtual signing ceremony between H.E. Alamine Ousmane Mey, Minister of Economy, Planning and Regional Development (IsDB Governor) and Eng. Hani Salem Sonbol, CEO, ITFC. The first signing is a three-year framework agreement amounting to US$ 750 Million under which ITFC will provide to Cameroon a financing envelop of US $ 250 Million annually over a period of three years to facilitate the imports of key commodities in the strategic sectors of energy, mining, in addition to the health sector with medical supplies including healthcare equipment. It will also sustain its already strong...