Source: African Development Bank Group (AfDB) |

African Development Bank’s AgriPitch competition awards $120,000 in prizes to African youth “agripreneurs”

The AgriPitch competition offered young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their agribusiness proposals to a panel of experts and investors

The founder of a cassava processing business in Kenya, a co-founder of a novel food processing technology start-up, and the owner of a smallholder farmer food procurement company in Nigeria won the top cash prizes in the African Development Bank’s (https://www.AfDB.org/) $120,000 AgriPitch competition on Tuesday. The AgriPitch competition offered…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

25 young African agripreneurs advance to ‘boot camp’ in the African Development Bank’s $120,000 AgriPitch Competition

The final round offers young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their agribusiness proposals online to a panel of experts and investors who will select the winners

Twenty-five young African agripreneurs have advanced to the “boot camp” final round of the African Development Bank’s (www.AfDB.org) AgriPitch competition, stepping closer to a share of $120,000 in seed funding prizes, training and other benefits. The final round offers young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their…

Source: African Development Bank Group (AfDB) |

A Ghanaian maize farmer thrives on the ashes of destroyed forest

Hundreds of farmers are benefitting from a project that repurposes degraded forest land

For years, Christiana Akwabea admired the vast fields she visited in neighboring districts to buy maize for reselling and dreamed of one day owning a plot of land where she could grow the staple crop. But there wasn’t much land for commercial farming in Seikwa in Ghana’s Bono Region, and…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

African Development Bank AgriPitch Competition: $120,000 in prizes on offer during African Youth Agripreneur Forum 3-17 November

The AgriPitch competition is open to youth aged 18 to 35 who hold African nationality or citizenship and who submit their application online by 23rd October

There are just hours to go until the 23 October deadline to enter the African Development Bank’s (www.AfDB.org) AgriPitch Competition. Selected entries by African youth agripreneurs will be invited to showcase their agribusiness startup plans and compete for a share of $120,000 in funding seed prizes, a slot of the…

Source: African Development Bank Group (AfDB) |

The Africa Fertilizer Financing Mechanism, OCP Africa team up to increase access to fertilizers in Côte d’Ivoire and Ghana

The project will reduce potential risks along the agricultural value chain, and improve access to quality inputs, including fertilizers, in Côte d'Ivoire and Ghana

The African Development Bank (www.AfDB.org) has approved the participation of the Africa Fertilizer Financing Mechanism (AFFM) (www.AfDB.org/en/affm) in a $4 million partial trade credit guarantee with OCP Africa (www.OCPAfrica.com), a subsidiary of the OCP Group. The project will reduce potential risks along the agricultural value chain, and improve access to…

Source: African Development Bank Group (AfDB) |

Why COVID-19-impacted World Food Day 2020 is the time to prioritize investments in food systems (By Wambui Gichuri)

COVID-19 lockdowns and decreases in incomes have generated a double demand shock – increasing the number of poor and vulnerable people, particularly in Africa’s cities

By Wambui Gichuri, Acting Vice President for Agriculture, Human and Social Development, African Development Bank (www.AfDB.org) World Food Day 2020 marks the 75th anniversary of the founding of the Food and Agriculture Organization, but celebrations this 16 October are muted due to the coronavirus. COVID-19’s multi-sectoral impact should have governments…

Source: African Development Bank Group (AfDB) |

Small and medium enterprises lynchpin of African agriculture – African Development Bank

Africa’s emerging agripreneurs call for increased SME-to-SME cooperation at Bank-organized food systems webinar attached to the African Green Revolution Forum

A panel of some of Africa’s most promising small and medium-enterprise (SME) agripreneurs gathered online to call for more selective investment, accelerated business acquisitions and increased cooperation to help Africa feed itself and the world. The African Development Bank (www.AfDB.org) organized the virtual session, Integrating African Food Systems through the Lens…

Source: African Development Bank Group (AfDB) |

African Development Bank partners with Alliance for a Green Revolution in Africa as sponsor of virtual African Green Revolution Forum (AGRF)

AGRF online will convene the most senior decision-makers of governments in the same digital space as grassroots players along the agricultural value chain

The African Development Bank (https://www.AfDB.org/en) returns as a top-tier partner of the African Green Revolution Forum (AGRF) – Africa’s largest agriculture conference – to be held online for the first time from 8-11 September 2020, in light of the COVID-19 pandemic. The tenth annual AGRF will be headlined by African…

African Development Bank Group (AfDB)
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Source: African Development Bank Group (AfDB) |

Dr. Akinwumi Adesina, eighth President of the African Development Bank, sworn in for second term

Adesina – “Let us move forward, driven by the power of our mission, inspired by the primacy of our vision and emboldened by the strength of our togetherness”

“Today, a rainbow stretches from the 81 member countries of the African Development Bank across the deep blue skies of Africa...The future beckons us for a more developed Africa and a much stronger and resilient African Development Bank.” With these powerful words President of the African Development Bank Group (www.AfDB.org),…

Source: African Development Bank Group (AfDB) |

‘Africa’s outlook is positive,’ African Development Bank tells Indian investors and officials

The African Development Bank and India have a long-standing strategic partnership dating back almost 40 years to 1982

The groundwork has been laid for Indian investors who are looking to invest in Africa. During a recent virtual conference hosted by the Confederation of Indian Industry (CII) and its partners, officials called for Indo-African partnerships to go beyond government-to-government cooperation and promote private sector participation in order to accelerate…