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

Nestlé Ghana Limited Wins Overall Best Industrial Company Of The Year at 13th AGI Industry & Quality Awards

  Nestlé Ghana Limited has been honored with four prestigious awards at the 13th Association of Ghana Industry and Quality Awards ceremony. The event, held in an esteemed setting, gathered prominent figures from Ghana’s industrial sector. Amidst the anticipation, Nestlé Ghana emerged as one of the evening’s notable winners, securing accolades in several key categories. This recognition underscores Nestlé Ghana’s relentless pursuit of excellence and innovation, marking a significant milestone that highlights the company’s substantial contributions to the manufacturing industry in Ghana. Nestlé Ghana's exceptional performance was acknowledged with the following awards: Overall Best National Quality Award, Diamond Category (Food) Overall Best Practices in Sustainable Manufacturing Best Company (Food Sector) Overall Industrial Company of the Year, affirming its status as a leader not only within the food sector but also across Ghana's entire industrial landscape. This success is a ...

Anglogold Ashanti Obuasi Mine tops 2024 Sustainability & Social Investment Awards

 AngloGold Ashanti Obuasi Mine has confirmed its status as sustainability champions by sweeping nine awards, the most won by a company at the 2024 Sustainability & Social Investment Awards (SSI) held at Movenpick Ambassador Hotel in Accra. The feat comes on the heels of a dominant performance in last year's event where AngloGold Ashanti Obuasi Mine swept seven awards. The SSI Awards organised by Ianmatsun Global Services recognizes the most outstanding sustainability, Corporate Social Responsibility (CSR), Environmental, social, and governance (ESG) initiatives in the country and beyond as well as the best teams and individuals who brought them to life. This year's event, which was the 8th edition, was under the theme "Climate Action Now: Accelerating Decarbonization and Building Resilience". The awards won by AngloGold Ashanti on the night include SSI Company of the Year, Best Company in Women Empowerment (project), SSI Company of the Year ( Environment), Best Co...

Zoomlion Advocates Community & Gender inclusive waste management for Climate Action at COP 29

 Africa's waste management giant, Zoomlion Ghana Limited has advocated for an integrated approach to waste management that considers the interest of community members, women and vulnerable groups. James Deku, a Communications Officer of Zoomlion Ghana Limited made this call at the 29th session of the Conference Of Parties (COP 29) of the United Nations Framework Convention for Climate Change (UNFCCC) at Azerbaijan, Baku whiles speaking on the topic "Community-Driven and Gender Inclusive approaches to waste management for Climate Action ". He said the waste sector is a major contributor of methane emissions which is a potent greenhouse gas causing climate change hence the need to manage waste in a manner that considers the interest of all stakeholders. Zoomlion's waste management model is designed and operated in a manner that considers the interest of all stakeholders. Through a Public Private Partnership (PPP) model, local authorities engage community members in clea...