Skip to main content

AGRA mobilizes private sector for agricultural investment opportunities

 


The 2020 African Green Revolution Forum (AGRF) will be held under the leadership of H.E. President Paul Kagame and the AGRF Partners Group from September 8 – 11, 2020 in Kigali, Rwanda.

The AGRF virtual Summit 2020 will be attended by more than 4,000 delegates and high-level dignitaries, including current and former Heads of State and Government; Agriculture and Finance Ministers; Central Bank Governors; eminent leaders of global and regional development institutions; top industry captains from the national, regional, and global private sector; mobile network operators; technology leaders and agri-preneurs; and lead representatives of farmer organizations and key non-governmental implementing partners.

AGRA, African Green Revolution Forum, Paul Kagame, 
Dr. Victor Antwi, Head of Input Distribution- AGRA

AGRF 2020 comes at an unprecedented time when African major cities, especially, those that mainly rely on imported food face a looming hunger crisis following the implementation of lockdowns in several countries to contain the spread of COVID-19. It also comes at a time Africa is faced with several other challenges that include climate change, malnutrition, poverty, emergence of pests such as desert locusts and fall armyworms.

The theme for AGRF 2020, “Feed the Cities, Grow the Continent: Leveraging Urban Food Markets to Achieve Sustainable Food Systems in Africa”, is a call to action to rethink our food systems to deliver resilient, better nourished, and more prosperous outcomes for all.

Read also: Prez cuts sod for first ever waste treatment facilities in Sekondi-Takoradi

A specific side event at the AGRF will be the Agribusiness Deal Room; a transaction and match-making platform that connects investment-ready agricultural companies and projects to financiers, business development services and ecosystem partners. The primary aim of this matchmaking is to address access to capital by matching investment opportunities to investors and other financiers

As a prelude to AGRF 2020, AGRA Ghana and partners organized a virtual Private Sector Forum on the theme “Investing in the Private Sector to Feed World: A Ghana Perspective” on August 26, 2020. The Forum provided the private sector with adequate information and whipped up their interest to participate in AGRF 2020 to explore investment and networking opportunities.

Speakers at the forum were Nana Osei-Bonsu, Chief Executive Officer of the Private Enterprises Federation(PEF), Yofi Grant, Chief Executive Officer of the Ghana Investment Promotion Centre, Seth Twum-Akwaboah, Chief Executive Officer of the Association of Ghana Industries, Kwasi Nyamekye, Chief Executive Officer of Vester Oil Mills Limited, Mabel-Ann Akoto Kwudzo, Chief Executive Officer of Okata Farms and Food Processing Limited, Grace Anim-Yeboah, Business Banking Director of ABSA Ghana, Ziad Hamoui, National President of the Borderless Alliance and Takyi Sraha, Senior Agribusiness Specialist at the Ghana Incentive-Based Risk-Sharing System for Agricultural Lending (GIRSAL) Project.

AGRA, African Green Revolution Forum, Paul Kagame, 
Nana Osei-Bonsu, CEO- PEF

Delivering the keynote address, Nana Osei-Bonsu, Chief Executive Officer of the PEF said,

Africa is not going anywhere without agriculture. The private sector has competitive opportunities to invest in. If we have to attract the private sector to go into agriculture, there must be investing in new production and processing technologies, there must be some bio technology and other things to attract them to do that”.

Forster Boateng, Regional Head West Africa, AGRA said. “Agriculture on the continent is largely driven by the private sector. If you really want agriculture to be sustainable and go to scale, you need the private sector”. “Unlocking the private sector is fundamental to meeting the food demands of Africa’s urban dwellers and to also create decent jobs for our teaming unemployed youth”, he added.

Dr. Victor Antwi, Head of Input Distribution and Agro Dealer Development Unit at AGRA said,

Africa’s agriculture transformation is key to ensure food security and the end of hunger and malnutrition on the continent. Agribusiness financing schemes must be accessible to all farmer-based organisations to enable them to make significant contributions to Africa’s agriculture and food systems sector”.

Comments

Popular posts from this blog

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican

Rana Motors celebrates 30 years of Kia Sportage in Ghana with the unveiling of 30 Unique Limited Models

 In a bold milestone, Rana   Motors , a leading player in the automobile industry, is marking 30 years of its flagship compact   SUV , the Kia Sportage presence on the Ghanaian market with the launch of the limited special edition of the 5th Generation model. This latest edition, proudly assembled in Ghana, reflects the brand’s commitment to combining local craftsmanship with cutting-edge technology with key upgrades including acoustic laminated glass for a quieter interior and reinforced safety features like eight airbags, including rear side airbags. Speaking during a brief ceremony to unveil the 30th Anniversary of Kia Sportage in Ghana, Chief Operating Officer of Rana Motors Kassem Odaymat, described the positioning of the company as a game-changer in the automotive landscape.   To mark three decades of outstanding success, Kia has equipped a new special edition of the 2024 Sportage with enhanced specification, focusing on convenience and safety while further elevating the model’s

Index of industrial production surges to 8.2% in 2024 2nd quarter

  The Conference of Heads of Assisted Secondary Schools (CHASS) has expressed frustration over the challenges faced in securing electricity for schools across the country. During their 62nd Annual Conference, held in Tamale from October 7 to 11, CHASS voiced concerns about the impact of prepaid electricity meters on their operations. In a statement, CHASS highlighted that the use of Electricity Company of Ghana (ECG) prepaid meters in schools is worsening the financial strain on headteachers. CHASS is extremely surprised as to why its members should be burdened with the responsibility of pre-financing the supply of electricity for classrooms, libraries, dormitories, dining halls, laboratories, and other academic purposes," the statement read. CHASS called for the government's immediate intervention, urging the shift from prepaid to postpaid meters to ensure uninterrupted electricity supply. They emphasized the need for continuous power to support effective academic work and to