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Showing posts with label Investment. Show all posts
Showing posts with label Investment. Show all posts

Wednesday, November 27, 2019

Women, excellent investment as finance leaders urge increased support - NaijaAgroNet

Leaders from multilateral development banks, financial institutions and the private sector called on peers to dispel myths about women being too “high risk” for financing and offer more financial services for women in business to close the gender finance gap, reports NaijaAgroNet.

“We know that women are a good bet. We know they pay back. We know they run excellent businesses – and yet they are not getting financed,” said Dr Jennifer Blanke, African Development Bank Vice President for Agriculture, Human and Social Development.

An important step is for multilateral development banks to offer credit guarantees to commercial banks to invest in women entrepreneurs, Blanke said.

“We know that if we provide those guarantees, then the banks are going to be lending to a lot more women, and they are going to discover that women are an excellent bet – and are an excellent investment.”

Blanke and other leaders were speaking at the “Using Innovative Financing Mechanisms to Accelerate Finance for Women in Business” plenary panel session at the Global Gender Summit on Tuesday.

The international gathering of gender champions from government, finance institutions, multilateral development banks, civil society and private industry, runs from 25 - 27 November in Kigali, Rwanda.

Panelists acknowledged that strides have been taken to bring gender equity to financing. However, according to World Economic Forum data, at current rates of progress it will take at least 200 years to close the global pay gap between men and women.

Asian Development Bank’s Gender Lead, Sakiko Tanaka, noted this 2019 Global Gender Summit has seen increased awareness of the need for women’s financial inclusion to achieve gender equality.

“There’s more money coming in for gender equality. However, there are still major gaps globally and as well as in each region,” said Tanaka, who also serves as chairperson of the multilateral development bank working group on gender.

Women face unique constraints such as poorer access to collateral and land, running smaller business compared to male entrepreneurs and blurred lines between women’s personal and professional finance spend.

Wendy Teleki, Head of the We-Fi (Women Entrepreneurs Finance Initiative) Secretariat and the panel moderator, led the six panelists in exploring how financial institutions and multilateral development banks are innovating to expand women’s access to finance. Aside from risk-sharing interventions like credit guarantees to lenders, panelists said increasing women’s financial literacy was also key to closing the gender gap.

“It’s not about corporate social responsibility or charity,” said panelist Barbara Rambousek, Director for Gender and Economic Inclusion at the European Bank for Reconstruction and Development. “It is about developing that business case and developing a proper set of financial and non-financial services.”

In Africa, 70% of women are excluded financially and there is a $42 billion financing gap between men and women. Yet panelist Solomon Lartey, Managing Director and CEO of Activa International Insurance Ghana sees opportunity, particularly in West Africa, home to what he says is the world’s highest rate of women entrepreneurs.

“To get women where they want to be, we had to walk with them. The first thing is training them [about financial services], then granting them access to legal assistance and to financial education – we have to do all those things,” Lartey said.

The panel also discussed innovations related to financial technology, alternative credit information, and online tools for financial services as a way to grow businesses.

In some developing regions of the world, women face challenges getting basic documents like a birth certificate, required by commercial bank applications.

Tesi Rusagara, the head of Kigali Innovation City, said the more services for documentation and financing tools are brought online, the more value will be created for women.

John Wilson, CEO of Equity Bank, added that it is important to not only use data and technology in financial services, but to also have a physical presence where clients are, to make a human connection.

Uj. N. Dominic/Editor


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Wednesday, August 2, 2017

Breastfeed suffers lack of investment, babies, mothers in danger

NaijaAgroNet:
No country in the world fully meets recommended standards for breastfeeding, according to a new report by NaijaAgroNet.

The United Nations Children Fund (UNICEF) and the World Health Organization (WHO) have disclosed that breast feeding in the recent past suffered lack of investment.

They also said that collaboration with the Global Breastfeeding Collective, a new initiative to increase global breastfeeding rates.

Just as they lauded the Global Breastfeeding Scorecard, which evaluated 194 nations, saying that it found that only 40 per cent of children younger than six months are breastfed exclusively (given nothing but breast milk) and only 23 countries have exclusive breastfeeding rates above 60 per cent.

Evidence shows that breastfeeding has cognitive and health benefits for both infants and their mothers. It is especially critical during the first six months of life, helping prevent diarrhoea and pneumonia, two major causes of death in infants. Mothers who breastfeed have a reduced risk of ovarian and breast cancer, two leading causes of death among women.

“Breastfeeding gives babies the best possible start in life,” said Dr. Tedros Adhanom Ghebreyesus, Director-General of WHO. “Breastmilk works like a baby’s first vaccine, protecting infants from potentially deadly diseases and giving them all the nourishment they need to survive and thrive.”

The scorecard was released at the start of World Breastfeeding Week alongside a new analysis demonstrating that an annual investment of only US$4.70 per newborn is required to increase the global rate of exclusive breastfeeding among children under six months to 50 per cent by 2025.

They posited that Investment Case for Breastfeeding, could save the lives of 520,000 children under the age of five and potentially generate US$300 billion in economic gains over 10 years, as a result of reduced illness and health care costs and increased productivity.

“Breastfeeding is one of the most effective – and cost effective – investments nations can make in the health of their youngest members and the future health of their economies and societies,” said UNICEF Executive Director Anthony Lake. “By failing to invest in breastfeeding, we are failing mothers and their babies – and paying a double price: in lost lives and in lost opportunity.”

The investment case shows that in five of the world’s largest emerging economies—China, India, Indonesia, Mexico and Nigeria—the lack of investment in breastfeeding results in an estimated 236,000 child deaths per year and US$119 billion in economic losses.


Globally, investment in breastfeeding is far too low. Each year, governments in lower- and middle-income countries spend approximately US$250 million on breastfeeding programs; and donors provide only an additional US$85 million.

Isaac Oyimah/GEE
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Monday, June 12, 2017

@50: IITA expands investment, launches 205.5 ha research farm

The International Institute of Tropical Agriculture (IITA) has launched a new research station in Ago-Owu in Osun state, Nigeria, as part of efforts to expand its research agenda and create impact at farm level as part of IITA's 50th anniversary, reports NaijaAgroNet.

The Ago-Owu research station, NaijaAgroNet gathered is located in Ayedade Local Government Area, Osun state, and will primarily serve as a research and training facility that will backstop the state’s agricultural programs and offer training support to the youth in the area in particular and Nigeria in general.

NaijaAgroNet recalled that in 2015, Governor Rauf Aregbesola donated a piece of land measuring about 205.5 hectares to IITA as he sought to bring research closer to the people of the state with a view to creating transformational change in the agricultural sector of the state. 

IITA accepted the offer with the signing of a memorandum of understanding and began investment on the land with the development of roads and other infrastructure.

Governor Aregbesola said he was glad the MoU with IITA moved beyond paper to implementation. He commended IITA for its research efforts in the last 50 years, adding that the research facility will advance research in Osun state with a spinoff effect on other parts of the country.

“We believe that this research facility will train and empower our youth in modern agriculture,” he said.

The inauguration of the research facility also allowed researchers to make presentations on new findings from cassava weed management, breeding, banana breeding and multiplication, cassava processing, and aflasafe—a technology for controlling aflatoxins among others. 

There was a presentation of improved seeds of maize, cowpea, soybean, yam, plantain seedlings, and cassava stems for onward distribution to farmers in Osun state. IITA also gave the governor some quantities of Purdue Improved Crop Storage (PICS) bags which provide simple, low-cost method of reducing post-harvest cowpea losses due to insects’ infestations.

The Director General, IITA, Dr Nteranya Sanginga said, IITA was happy to work with and in Osun state.

“This research facility is part of our strategy to take research closer to the people. Our plan is to make this station a one-stop shop where farmers’ needs will be addressed,” he said.
Under the refreshed IITA strategy, IITA plans to lift 11 million people out of poverty in sub-Saharan Africa by 2020 and to reclaim 7.5 million hectares of degraded land and put the land into sustainable use. Achieving this goal entails IITA expanding its partnership scope and strengthening old partnerships.

Dr Sanginga said the Ago-Owu research facility would primarily conduct research on cassava, maize, yam, soybean, banana/plantain and cowpea. “We will also be using the facility to train Nigerian youths in agribusiness,” he added.

The inauguration of Ago-Owo research station brings to six the number of such facilities in Nigeria. Others are located in Onne (Rivers State), Abuja, Mokwa (Niger state), Minjibir (Kano), and Ikene (Ogun State).

Dr Alfred Dixon, Director for Development and Delivery, IITA, said the inauguration of the research facility was a step in the right direction with the potential of bringing many benefits to the people of the state in particular, and the country in general.

He said the research facility would assist the state in accelerating its agricultural reform agenda whose particular focus is on increasing agricultural productivity and job creation.

Established in 1967, IITA is an international agricultural research institution that generates agricultural innovations to meet Africa’s most pressing challenges of hunger, malnutrition, poverty, and natural resource degradation. Working with various partners across sub-Saharan Africa, IITA improves livelihoods, enhance food and nutrition security, increase employment, and preserve natural resource integrity. The Institute operates in Nigeria and 13 research stations/hubs across sub-Saharan Africa.

Isaac Oyimah/GEE

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Tuesday, July 19, 2016

ANEC 2016 goes to Rivers State with agriculture, investment topping agenda

The 12th edition of the All Nigeria Editors Conference (ANEC) is headed to oil-rich Rivers State with top on the agenda being agriculture and investment, reports NaijaAgroNet.

The five-day conference slated for August 3 through 7 in Port Harcourt, capital of Rivers State comes with the theme: Economic Diversification: Agriculture as Option for a Prosperous Nigeria.

The Acting President of the Guild of Editors, Funke Egbemode, said no fewer than 300 Nigerian editors, a collection of mainstream farmers, agriculture financiers, policy-makers and captains of industry would be expected to grace the event.

“The sole emphasis on agriculture for this year’s conference was in response to the falling price of crude oil at the international market which has automatically reduced government’s earnings and revenue base. This is the first the conference is focusing on agriculture in the most pragmatic sense and it is meant to draw the nation’s attention to the limitless opportunities that abound in agriculture” Egbemode said.

She also quoted the host Governor, Nyesom Ezenwo Wike, as saying in a press statement available to NaijaAgroNet that the conference would afford the state the opportunity to showcase its investment potentials.

According to the Special Assistant to the Governor on Electronic Media, Simeon Nwakaudu, Wike noted that the conference would be a fitting platform to partner with editors and the media to consolidate development in both the state and the nation at large.

Wike pointed out that the state is hosting several national and international events as a demonstration of the fact that Rivers State is an investors’ destination, stressing that the state is peaceful and the people hospitable.

“Hosting this year’s conference will also make the editors witness first-hand the development projects and programmes of my administration which has improved the living standard of the people,” he said.

NaijaAgroNet recalls that the All Nigeria Editors’ Conference is the largest gathering of Nigerian editors and has become a watering hole of ideas that shaped government policies and programmes over the years, with the maiden edition held in 2004 at Ada, in Osun State.

Also, ANEC had previously attracted both local and foreign speakers as well as editors from organizations such as the West African Editors Forum (WAEF), the African Editors Forum (TAEF), the World Editors Forum (WEF) and the World Association of Newspapers (WAN).

This year’s edition has been tailored primarily to focus on agriculture as a counterfoil to the dwindling receipts from crude oil.  Speakers include a rich mix of practicing farmers, agriculture financiers and policy-makers.

The Founder of HoneySuckle PTL Ventures, Mosunmola Cynthia Umoru, would speak on Agriculture as Panacea for Unemployment while Mr. Kola Adeniji of Niji Farms would talk on Agriculture as a Foreign Exchange Earner.


The Chief Executive of Bank of Agriculture, Professor Danbala Danju would be explaining the 'Role of Banks in Agriculture Financing while Kano-based farmer, Muhammad Abubakar, the Managing Director of L&Z Integrated Farms would experientially explore the topic: Making the Most of Agriculture Value Chain.

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Tuesday, July 14, 2015

EIB, FAO partnership to bolster private sector investment




The European Investment Bank (EIB) and Food and Agriculture Organization (FAO), are collaborating to broaden investment in agriculture, reports NaijaAgroNet.

The two institutions, NaijaAgroNetgathered, signed a five-year Memorandum of Understanding (MoU) that seeks to foster investment operations in the field of agriculture, private sector development and value chains that promote both EIB's priorities and FAO's strategic objectives outside the EU.

Speaking at the event, FAO Director-General José Graziano da Silva, said "This is a landmark opportunity for both of us to combine technical knowledge and financial capacity to engage private and public investors in eradicating hunger," noting that ensuring enough global food supply for a growing population and making agrifood systems more sustainable would require robust investments in developing countries.

According to EIB Vice-President, Pim van Ballekom, "Agriculture and agribusiness are key sectors for development impact, as they are and will remain central to lives, livelihoods and social stability. But they are also a primary base for local entrepreneurship, employment and growth in many countries around the world. If we can combine FAO's local experience and know-how with our investment capabilities and technical expertise to better channel much needed finance to benefit both food supply and entrepreneurship, then why should we not do that?"

NaijaAgroNet recalls that FAO and EIB have collaborated before, through information-sharing platforms like Eastagric, with the latest MoU intensifying their cooperation in the joint analysis, planning and execution of investment operations.

Cyriacus Nnaji/GEE

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Monday, December 24, 2012

The way back to the forest


Data from the Food and Agricultural Organisation (FAO) of the United Nations has shown that Asia-Pacific region, especially China, takes the leading position in the global forest products industry.
The forest industry also grew by 1 to 4 per cent in 2011 as against 2010 which signifies that countries globally are coming out of the recession slowly.
Whereas the new data shows that production of wood-based panels and paper in 2011 was above the pre-crisis levels of 2007 and appears to be growing relatively strong in some regions.
Nigeria records highest deforestation rate
Investigations by NaijaAgroNet revealed that Nigeria is one of the countries on the continent that has the highest rate of deforestation, recording about 2.6 per cent annually. And as at 2004, Nigeria has 693,000 hectares of forest plantations.
Within the time under review for Nigeria had as at 2004, contributed about 1.3 - 3 per cent to the nation’s Gross Domestic Product (GDP) and account for a larger part of domestic energy, food and medicinal supply, which were not fully represented in the formal national statistics.
The increase in deforestation in the country has over the years worsen by livestock grazing, soil erosion, drought, desertification and growing demand for cropland, thus, greatly putting the state of forest of the nation’s under threat.
China leads global forestry business
However, leading the forestry industry is the Asia-Pacific region with China as the world's second largest producer of samnwood after United State of America, thereby overtaking Canada.
Notable is that in 2011 alone, China contributed 11 per cent of the world's sawnwood, 38 per cent of its panels and 26 per cent of its paper, hence it played a key role in the international forest products market, even as the Asian country also claimed the fifth largest importer of paper and paperboard after recording a huge increase in domestic production since 2007.
Also in 2011, China imported forest products worth $43 billion, about N6.79 trillion, accounting for 16 per cent of the global total imports.
The forest product statistics database by the United Nations' agency contains 1.2 million entries and cover production and trade of 52 products, 21 product groups of 245 countries and territories.
Meanwhile the Russian Federation that have the largest forest in the world has experienced decline in industrial round wood export in the last five years. The decline, NaijaAgroNet further gathered stood at about 60 per cent with an increase in sawnwood production by 8 per cent over the same period.
Calls on investors to look into forestry
Meanwhile the International Institute for Environment and Development (IIED) in the last quarter of 2012, said that the investment guideline that was originated from The Forests Dialogue (TFD) on behalf of Growing Forest Partnerships and with the support of IIED, for forest business would give a high return on investment if followed.
In the same vein the IIED forest team head, Duncan Macqueen called on investors to venture into locally controlled forest that it offers triple investment returns and that people depending on forest for survival would have a secured income streams, making it a win-win situation for the investors as well as the forest managers and owners.
A report by the United Nations Environment Programme (UNEP) for the third quarter of 2012 revealed that if about 0.034 per cent of the global Gross Domestic Product (GDP), which amount to about N6.24 trillion is being spent on forest on a yearly basis would give an estimation of 5 million jobs globally and a high return on investment.
UNEP in the report advised that finance can be sourced from both public and private sectors using approach that pay landowners for maintaining the ecosystems.

Yinka Awosanya/LS

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Monday, November 5, 2012

Investment in science to reduce water risks –Study


Investments into science research has been found worthy of reducing water risks, says the latest study by the Global Environment Facility (GEF) in partnership with the United Nations University (UNU) and United Nations Environmental Programme (UNEP).
The report of a recent study on water-related project has reiterated that investment in science could help in reducing risks that are in connection with water resources.
The study was conducted by the largest public funder of projects to improve the global environment and promote sustainable development, the Global Environment Facility (GEF) with the partnership of the UNU and UNEP.
About 200 major international water-related projects over the past two decades were studied which give room for the identification of existing as well as emerging challenges and how science can offer solutions.
A press statement made available to NaijaAgroNet revealed that the study extracted lessons from a portfolio of major trans-boundary water projects involving investments of more than US$7 billion, about N1.1 billion.
It is also revealed that river basins in particular are set to experience growing pressures as a result of urbanization, rising water scarcity and poor water quality.
GEF warns that the linkage between science and policymaking needs strengthening, and that the consequences of poor decision-making are dire leading to water-bankruptcy in some regions in the world with their adverse effects on food and energy security.
The report of the study affirmed a significant drop in the level of dissolved oxygen levels in marine areas which is a critical ecological indicator. A major increase of stored heat in oceans was also highlighted in the report.
Director, United Nations University International Network on Water, Environment and Health, Zafar Adeel said the study underscores how often early ‘alarm bells’ with respect to emerging issues could be heard and must be heeded.
“The report offers helpful recommendations to the GEF to foster this process,” Adeel said.
Some other findings highlighted in the reports include a significant drop in the levels of dissolved oxygen in marine areas over a relatively short period of time which is an indication of critical ecology.
The report also stated that there is a major increase in stored heat in oceans with its negative impact on ecosystem, sea levels as well as human existence.
For GEF’s International Waters Focal Area Coordinator, Ivan Zavadsky affirmed that for over 20 years, GEF had catalyzed the largest investment of its kind in human history. “GEF’s $1.3 billion catalyzed a total of $7 billion of investment in managing shared waters - fresh and marine - in almost every part of the planet, above and below its surface.”
The UN Under-Secretary-General and UNEP, Executive Director, Achim Steiner, pointed out that world leaders agreed at the Rio+20 summit in June to strengthen the science-policy interface and to foster international research collaboration on sustainable development.
“This is especially important in respect to water resources at a point in time of unprecedented pressures from climate change and urbanization to pollution and over extraction,” Steiner said.


Yinka Awosanya
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Monday, October 22, 2012

Narh calls for investment in agric value chain


The Deputy Governor, Bank of Ghana, Millison Narh has called on financiers to invest in innovative driven-projects in the agriculture value chain system.
Speaking at the opening session of the 8th African Rural and Agricultural Credit Association (AFRACA) General Assembly held in Accra, recently, Narh who also is the vice chairman, AFRACA, said focus should be on the establishment of agriculture commodity markets.
Investment in the sector, Narh said, would go a long way in solving the issue of decline in Africa's agric sector with its adverse effects on food security.
Improved access to suitable agric technologies and credit facilities, according to Narh could sustain the value chain process.
He also noted that the provision of relevant training programmes for agric sector workers and a revision of the land tenure system to give access to arable lands for productive use would contribute to enhancing the sector.
AFRACA, NaijaAgroNet gathered was established in 1977 to serve as a high level coordinating body to address and advocate for agriculture finance policy in order to strengthen Africa' rural poor.
Further, he urged African governments and policy makers to make appropriate policy interventions which would entail infrastructure development and appropriate training opportunities for farmers, and make fiscal incentives available for financial institutions who are focusing on agric lending.

Yinka Awosanya/ED
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Friday, September 28, 2012

New forest investment guidance to triple returns

A man siting next to a felled tree at the Afi mountain
forest reserve near Ikom, cross River, Nigeria 

Various discussions between investors and forest rights-holders in the recent times have led to a new guideline for investment with the capability of returning three-fold on investments.
The International Institute for Environment and Development (IIED) revealed to NaijaAgroNet in a press statement that the investment guideline if followed will provide livelihood security for local communities and protection for forests.
The guide emanated from eleven meetings organised by The Forests Dialogue (TFD) on behalf of Growing Forest Partnerships and with the support of IIED, the International Union for the Conservation of Nature, FAO and the World Bank.
Commenting on the advice on investment in locally-controlled forestry, Gary Dunning of TFD said that the guide shows how investors and forest-dependent community form mutually-beneficial partnerships that would deliver social, environmental and economic gains.
The meetings have in attendance indigenous people, family foresters, researchers, government representatives, investment bankers, donors and philanthropists to share views on the role of investment in the forest sector.
The new guidelines, according to IIED is a representation of the insights of the meetings' participants with many case studies from across the globe showing how investment in locally-controlled forestry offers investors secure access, reduced risks and better long term management opportunities and an evidence of social and environmental sustainability.
The lead author of the guide, Dominic Elson said investing in locally controlled forestry not only leads to improved economic outcomes but it also leads to an improvement in the political economy in a way that can help governments of developing countries to shift into a more sustainable, low-carbon development path.
The guide looks in detail at how to encourage a happy marriage between ‘enabling investments’ that prepare the ground for commercial success and ‘asset investments’ that seek a return, usually as profit or products.
The leader of the team that produced the guide, Chris Buss of IUCN said strong businesses generate profits worthy of asset investment, “But growing those businesses may need enabling investments from NGOs, philanthropists or governments for infrastructure, capacity building or to secure and formalise commercial forest rights."
Another contributor to the guide, Duncan Macqueen of IIED that forests provide livelihoods for a billion people, adding that “About a quarter of the world’s forests are locally controlled, by members of three major alliances of indigenous peoples, forest communities and private family smallholders."
Macqueen revealed that forests also provide goods and services worth $75 - $100 billion annually, stressing "What’s missing is the investment that can boost these benefits in a sustainable way and put local people in the driving seat.”

Yinka Awosanya/LS


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Wednesday, September 26, 2012

Investing in science can reduce water risks – study


Recent study on water-related project has revealed that investment in science could help to reduce risks associated with water resources.
The study was conducted by the largest public funder of projects to improve the global environment and promote sustainable development, the Global Environment Facility (GEF) with the partnership of the United Nations University and the United Nations Environmental Programme (UNEP).
About 200 major international water-related projects over the past two decades were studied which gave room for the identification of existing as well as emerging challenges and how science could offer solutions.
A press statement made available to NaijaAgroNet revealed that the study extracted lessons from a portfolio of major transboundary water projects involving investments of more than US$7 billion, about N1,1 billion.
It is also revealed that river basins in particular are set to experience growing pressures as a result of urbanization, rising water scarcity and poor water quality.
GEF warns that the linkage between science and policymaking needs strengthening, and that the consequences of poor decision-making are dire leading to water-bankruptcy in some regions in the world with their adverse effects on food and energy security.
The study showed a significant drop in the level of dissolved oxygen levels in marine areas which is a critical ecological indicator. A major increase of stored heat in oceans was also highlighted in the report.
The director, United Nations University International Network on Water, Environment and Health, Zafar Adeel said the study underscores how often early 'alarm bells' with respect to emerging issues can be heard and must be heeded.
"The report offers helpful recommendations to the GEF to foster this process," he said.
Also commenting, the GEF's International Waters Focal Area Coordinator, Ivan Zavadsky said that over 20 years GEF has catalyzed the largest investment of its kind in human history.
“GEF's $1.3 billion catalyzed a total of $7 billion of investment in managing shared waters - fresh and marine - in almost every part of the planet, above and below its surface," Ivan said.
"World leaders agreed at the Rio+20 summit in June to strengthen the science-policy interface and to foster international research collaboration on sustainable development. This is especially important in respect to water resources at a point in time of unprecedented pressures from climate change and urbanization to pollution and over extraction," said UN Under-Secretary-General and UNEP Executive Director Achim Steiner.


Yinka Awosanya/LS

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Monday, September 10, 2012

Invest in forestry, get triple investment returns - IIED

Duncan Macqueen, IIED Forest Team Leader

Forestry experts at the International Institute for Environment and Development (IIED) have called on investors to invest in locally controlled forest as the sector offers a triple investment returns.
The Head of forest team at IIED, Duncan Macqueen said the investment would also lead to secured income streams for people that depend on forest for survival which would in turn give better prospects for forest protection.
Macqueen revelation, according to NaijaAgroNet findings show that investment in locally controlled forestry also needs advocacy in a bid to secure and formalise commercial forest rights as well as business capacity development to convert the rights to self-sufficient businesses.
He also preached organisation should build to achieve scale efficiencies and market negotiating power, and deal brokering so as to ensure that investors play fair with local groups.


Yinka Awosanya
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Monday, June 18, 2012

300 leading cassava researchers to attend GCP21


About 300 global leading cassava researchers and stakeholders would attend Global Cassava Partnership for the 21st Century (GCP21) scheduled to hold between June 18 and 22, 2012.
The international cassava conference to be held in Uganda would focus on improving cassava productivity through scientific research and development.
The organisers in a press release made available to NaijaAgroNet stated that GCP21 consists of 45 member institutions working on research and development of cassava.
The Cassava Global Partnership, NaijaAgroNet learnt advocates for cassava issues while leveraging research and development by facilitating dialogue among farmers and stakeholders through scientific and technical meetings.
The partnership also seeks smart strategies, funding opportunities and catalyzing solutions to technical challenges like cassava genomics.
The chairman of GCP21-II, and scientist at NaCRRI, Dr. Yona Baguma said the greatest reward of his life time would be to bring about a significant transformation in cassava to impact on peoples' lives especially those who depend on the crop.
GCP21, in 2011 had initiated several research projects totaling over $60 million, about N9.6 billion in grants in the areas of cassava genomics, genetic engineering, biofortification, genetics and biology.
The report of the research projects would be presented at GCP21-II.
Participants will exchange knowledge and experiences in the areas of socio-economics, biodiversity and genetic resources, post-harvest, starch modification, nutrition, genomics, molecular genetic markers and gene discovery, tissue culture and transformation, biotic and abiotic stresses, participatory research and technology transfer.
Yinka Awosanya/LS
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