Skip to main content

Nestlé and USAID partner for high quality maize in Ghana

The United States Agency for International Development (USAID) funded Agricultural
Development and Value Chain Enhancement Program (ADVANCE) and Nestlé have signed a memorandum of
understanding to establish a partnership for a regular supply of high-quality agricultural commodities especially maize
in Ghana.

Under this new partnership, USAID ADVANCE and Nestlé Ghana will work together to build the capacity of farmers
and aggregators in the three Northern regions to ensure farmers produce maize that meets Nestlé’s quality standards.
The objective of this partnership is to increase the quality of the overall grains supply in Ghana, by training 113,000
farmers by 2018.

USAID ADVANCE will train selected farmers and aggregators on agronomic, post-harvest protocols and good storage
practices which have been developed by Nestlé to reduce the mycotoxins in upstream value chain.

This event was attended by Emmanuel Dormon, Chief of Party for USAID-ADVANCE, Freda Duplan, Managing
Director of Nestlé Ghana.

“USAID-ADVANCE supports farmers to increase their productivity and improve access to high end markets. Thus,
we see this collaboration with Nestlé as an excellent opportunity and motivation for the smallholder farmers to further
improve their agronomic and post-harvest management practices to meet the quality requirements of high end
industrial users’’ shared Emmanuel Dormon. ‘’We work to instill, spread and scale up the adoption of improved
practices with the ultimate aim of increasing incomes and adequate access to good quality and safe food at all times"
he added.

Freda Duplan in her opening remarks underlined that the Nestlé Cereal Plan is supporting the company’s commitment
to increase local sourcing as part of its Creating Shared Value initiatives. The Nestlé Cereal Plan aims at enabling
farmers to produce better quality grain which will generate higher revenue for them and improve their livelihood. The
quality grain which is used by the company as ingredient for its products, will also be used to feed their families and
this will helps in ensuring food safety for the farmers and their families, for the community and for the consumers.
Nestlé is committed to creating inclusive communities under its Rural Development Framework, an approach to
understand and design the immediate supports to farming communities and where contribution is the most needed.

Through its knowledge leadership in the area of Research and Development, the Rural Development Framework
continuously help to introduce new farming methods and technologies that can ensure sustainable grain production.

Nestlé Ghana is sourcing 100% of its cereals (maize, rice) locally from farmers for its Tema factory. To ensure that
the grains it sources meet the food safety requirements and Nestlé quality standards, the company seeks to reduce
current levels of mycotoxins and other contaminants in cereals. Nestlé Ghana supports farmers through capacity
building to improve the quality of the cereals they supply.


USAID is the lead U.S. government agency that works to end extreme global poverty and enable resilient, democratic
societies to realize their potential. USAID supports Ghana in increasing food security, improving basic health care,
enhancing access to quality basic education, and strengthening local governance to benefit all Ghanaian people.

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of